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<br /> AII in�uran�e policies requ�red by Lender and renewals of such polici�s shall be su�bjec��o Lend�r's right�o
<br /> disapprove such poli�ies, shall inc�ude a standard mor�gag�clause, and sha�l name Lender as mortgage�
<br /> andlnr as an additiona� �oss payee, L�nder shal�have�he right t�hold the policies and rene�ral certificates. If
<br /> Lend�r requires, Borrow�r shall promp���gz�e ta Lender a11 receipts of pa�d premium5 and rene�val r�otices.
<br /> �f Borrower obtaxns any fQrm af insuran�e��verage, not otherwise required by Lender, for damage to, or
<br /> destructran of, the Property, such polic�s�all include a standard mortgage clause and sha11 name L�nd�r as
<br /> mortgagee andlor as an addxtzonall�ss pay�e.
<br /> rn the event of Ioss, Borrow�r shall gi�e prompt notzce to th��nsurance carrzer and Lender. Lender may
<br /> make proof af loss�f not made prompt�y��r B�rrflv�er. Unl�ss Lender and Borro�ver atherw�s�agr��in
<br /> wrz�zng, any insurance praceeds, u�he�her or not th�underl�ing znsurar�ce was requ�red by Lender, sha�1 be
<br /> appli�d ta res�ora�ian or repair of th�Property, if�h�res�oratzon ar repair is economi�ally f�asible and
<br /> Lend�r's s�cur�ty is not Iessened. I]urir�g such repair and restora��on period, Lender shall�av��he rxght to
<br /> hold such��.surance proceeds until Lend�r has had an opp�rtuni�y to inspect such Property to e�.sure the
<br /> v�ark has been c�mpleted to L�nder'� satisfact�on, provid�d�hat such inspect�on s�all be under�aken
<br /> promptly. Lender ma�dxsburse proceeds far the repa�rs and restaration�n a single paymen�or in a series of
<br /> progress payments as the worl�is comp�e�ed. Unless an agre�ment is rn.ade �n writing ar App���able Law
<br /> requ�res interest to be pa�d on su�h insurance proceeds, L�nder shal�not be r�quir�d to pay Borro�ver any
<br /> in�eres�or�arnings or�such proceeds. Fees for public adjust�rs, or flther third parties, retained l�y Borrower
<br /> sha��not b�paid ou� af th�rnsuran��proceeds and shall be the so�e obligatior�of Borrower. If the res�oration
<br /> or r�pair is no� economically feas�b�e�r Lend�r's s�curity vvou�d be 1�ss�r��d, the�nsuranc�proceeds shall be
<br /> appl�ed to the sums s�cured by th�s Security�nstrumerit, whether or not then due, w�th the��cess, zf any,
<br /> paid ta Barrower. Such insurance proceeds �hall be applied xn�h�order pro�r�ded far in 5ection Z.
<br /> If Borrower abandons the Propert�, Lend�r may file, negot�ate a�n� s�tt�e any avai�able ir�surance c�aim and
<br /> related ma��ers. If Borrotiver daes not respond vvithin 3� days to a notice from Lender that the�nsurance
<br /> carri�r has offer��ta set��e a claim, then Lender xnay negotiate arid sett�e�h��Ia�m, The 3a-day period�vill
<br /> begin�vhen the notice�s given. In either event, nr�f Lender acquires the Praper�y under Sect�an 22 or
<br /> Ut�l��'Wl.S�y Borrovver here�y assigr�s ta L�nd�r�a�B�rrow�r's righ�s to an� insurance proce�ds in an amoun�
<br /> r�at�o exc�ed�he amaunts unpa�d under the Not�or this Security Instrum�nt, and (b} any�ther af
<br /> Borrovv�r'�rights ���her than�h�right to any refund of unearned pr�miums paid�y Borro�er}under aIx
<br /> znsuran�e policzes c�vering the Proper�y, insofar as such rights are applicable tfl the coverage of the
<br /> Property, L�nder may use the�nsurance proceeds either to repair ar restore the Property or to pay amounts
<br /> unpaid under the N�t�or th�s Securi�y Instrument, v�rhether or not then du�.
<br /> �. ��cu�a ncy� Borra�er shal�accupy, establish, a.�d use th�Property as Borrow�r`s princ�pal resid�nce
<br /> with�n�� days after the execu��an of�h�s S�cur�t�Instrument and sha1�continue to accup�th�Property as
<br /> Borrou�er's principal resi�ienc�for at�east one year after th�date of occupancy, unless Lend�r o�herwzse
<br /> agre�s in writ�ng, v�hich�ons�nt shaXl not be unreasonably�zthh�ld, or unless �xtenuating cir�umstances
<br /> ��ist v�hich are�eyond Borraw�r's contr�l.
<br /> 7. P��s��►►at�or�. �llaint�nance and P�vtec�ion vf the �r�pe�ty; �nspec�ions. Borro�rer shall nflt destroy,
<br /> damag�or�mpazr�he Pr�per�y, all�w the Prop�rty to deteriorate or commit waste on�he Property, �he�her
<br /> or not Borrower�s residing in the Prop�rt�, Borra�ver shall maintain the Property in arder to pre��nt th�
<br /> Property from deteriorat�ng or decreasing in value due to zts conditior�, Unless it is det�rm7ined pursuant to
<br /> Secti�n 5 tha�repair�r restoratian is not economzcal��feasil�Ie, Borrativer shall prompt�y r�pair th�Praperty
<br /> if damaged�a avoid fur�h�r deteriorat��n or damage. If irisurance�r�ondemr�at��n proGe�ds are paid in
<br /> ��nne�tion v�zth damage�o, or t�e�aking of, the Property, Borrovv�r sha1l be respansible for repazr�ng or
<br /> restor�ng th�Prop�r�y anl.y xf L�nder has re�eased pro�eeds for such purpos�s. L�nder may d�sburse proceeds
<br /> NEBRASKA-Singfe Family-Fanrtie Mael�reddie Mac UN1F{7RM INSTRLJMENT Farm 3028�1��
<br /> VMP� VMP6{NEj{1302y
<br /> Wofters EClt�wer Financial Ser�ices Page 7 t�f 17
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