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��14�1�9� All insurance po�icies required b�r Lend�r and rene�vals�f such polzc��s shal�be subje��to Lender's righ�to di�appro�e such policies, sha�� include a s�andard mor�gage�lause, and shall name L,ender as mor�gagee andlor as an addi��onal loss pa�ee. Lend�r s�al�ha�e�he right to ho�d�h�pol�cies and renewal certi�cates. �f L,�nder requires, B�rrower sha��pramp�iy gi�re�o Lender a�� receipts of pa�d premiums and renev�aal no�ices. �f Barraw�r ahtains an� f�rm of insurance caverage, not o�herv�ise required by L.end�ry for damage to, �r des�ruc�ion of, �he Proper�y, such polic�r sha11 inc�ude a standard m�r�gage clau�e and sha�l name Lender as mortga�ee andlor as an addit�anal�nss payee. �n the even��f�oss, Borrov�rer sha�l gi�e promp�natice to the insurance carrier and Lender. Lender may make proof of loss if no�made promp��y by Borrower. IJnless Lender and Borrower other�vise agr�e in writ�n�, an�insurance proceeds, �he�her or not�h�underl�ring insurance vvas required by�...ender, sha.��e applied to res�oration ar repair of�he Property, �f the restaration or r�pair is economica��y fea�ib�e and Lender's security �s not lessen�d. During such repair and restora�ion peri�d, I.�ender sha11 ha�e�he right to hold such insurance proceeds un�i� L.ender has had an�ppor�unity to inspect such Praper�y��ensure�he w�rk has been comple�ed�o Lender's satisfac��on, provid�d tha�su�h inspect�fln shail�e und�rtaken promp�l}�. Lender may disburs�proceeds for�he repairs and res�oration in a s�ngle paymen�or in a series of progress paynlents as the work is compl��ed. Un�ess an agreem�n�is made in wr��ng ar App�icable Law requires interes��o be pai�.an such �nsuran��pro�eeds, Lender shall not be requ�red�o pay Borrawer any in��rest or earnings�n such pr�ceeds. Fees for publ�C adjus�ers, or other�h�rd par�ies, r�tained by Borrav�rer shal� not be pa�d au�of th�insurance proceeds and shall be�he�ale obligation of Borrower, If th�restorat��n ar repai�-�s no�economically feasible or Lender's secur�t�would be lessened, the�nsurance pro�eed� sha11 be appiied t�the�ums secured by th�s Se�ur�ty �nstrumen�, v�rhether or n��t��n due, v�rith the excess, if any, paid�o B�rro�ver. Such �nsurance pro�eeds sha�l be app�ied in the order pro�v�ded for in Secf�on�. If BorrovWer abandons the Property, Lender nnay ��e, negot�a��and settie any ava�lable insurance claim and reiated ma�ters. Xf Barrower d�es no�respond vwi�hin 3�da�s�o a notice fr�m Lender tha��he insurance carrxer has offered t� settle a c�aim, �h�n Lender may negotia�e and set�le the c�a�m. Th�34-day period�v�ll �egin wh�n the notice�s gxven. �n either e�en�, or if L.�nder acqu�res the Pr�p�rry under S�cti�on 22 flr atherwise, Barrower�ereb�r assi�ns to Lender ta� Borrower's r�ghts to an�insurance pro�eeds �n an amount n�t�o ex�eed the amoun�s unpaid under�he No�e or th�s Se�ur�ty Instrument, and�b} any�ther of Borrawer's righ�s �other than the r�gh��a any refund of unearned premium�paid by Barro�er}under a�l insurance pol�ci�s��vering the Praperty, insofar as such rights are app�i�able to the coverage�f the Proper�y. Lender may use the�nsuran�e proceeds ei�her to repair or re��ore�he Proper�y or�o pay amoun�s unpaid under�he N��e or th�s Security Instrumen�, whe�h�r�r no�then due. �. �ccupancy. Borrower shall o�cup�, es�ab��sh, and use�he Proper�y as Borrower's principa�res�dence within�D da�s after�he execu��on of th�s Securi��r �nstrumen�and shall con�inue to o�cupy the Prap�rt}�as Barrower's principa� residen�e f�r at least one�rear after the date of o��upan�y, un�ess Lender otherwise agr�es in wri�ing, vvhich consent shal� not�e unreasonah�y withhe�d, �r unless ex�enuat�ng cirGumstan��s exist whi�h are be�and Borrower's contra�. 7. Preser�ation, �I![aintenance and Protectian of the Praperty; �nspections. B�rrawer sha�� no�des�roy, damage ar impai.r�he Property, allaw the Praper��o deterinrate or cornmit was�e on�he Propert�. �V'he�her or no�Borrow�r�s res�din� �n�he Property, Barrower shal�maintain th�Proper�}� in flrder to pre�ent the Proper�� from deteriora�zng or decreas�ng in�a�ue due to its�ond�tion. Un�ess it xs de�ermined pursuant t� 5ec��on 5 that repa�r flr res�oration is n��ec�nomica�l� feasible, B�rrower shall promptl�repair�he Proper��r if damaged to avoid fur�her deteri�rat�on or damag�. �f insurance or condemnat�an proceeds are paid in connect��n with damage to, or the taking of, the Prnper�y, Bflrrflwer sha�I b�respons�ble for repa�r�ng ar res�or�ng�he Proper�y only if Lender ha�released pr�ceeds for such purposes. Lender ma�disburse proceeds NEBRASKA-5ingte Family-�annie Mael�reddie Mac UNt�ORM INSTRUM�NT Form 3Q28�t�� VMP QQ VMP6tNE)�13423 Wa�ters K(uwer Financial S�r�ices Pa�e 7 of 17