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��14��7 A�� insurance poi��ies required by Lender and renewais of such po�ic�es sha�l be su��ec�to Lender's righ�to d�sappra��such poiicies, sha�I inciude a s�an�.ard mor�gage claus�, and sha�� name Len�er as mortgagee andlor as an additinna� �oss pa�ee. L�nder shal�have the right to ho�d the pol�cies and r�newa� certi�ca�es. If Lender requires, Borrower sha�l prom�ptly gi�re t� Lender a11 receip�s of pa�d pr�m��ums and r�nevval notices. �f Barr�wer obtains any form of�nsurance co�rerage, na�atherwise re�uired by Lender, for da�nage�o, or des�ruction of, the Property, such polic� sha�� in��ud�a standard mortga�e clause and sha�l name Lender as mor�gagee andlor as an add�t�ona� loss payee. �n the e�ent of loss, Barrower shall g�ve pr�mp�natice to the insurance carr��r and Lender. I�nder may �m.ake proof of loss if not made promp�ly by Borrow�r. Unless Lender and Borrower at.h.erw�se a�ree in writing, an��nsurance proceeds, �vhether or na��he�nderl��ng insurance was required by Lender, �hal�be applied t�restoratxan or repa�r�f�he Proper�y, if the restoratifln or repair�s e��nomically feasib�e and L�nder's se�uri�y is not l�ssened. During such repa�r and res�oration period, Lender sha11 have�he right to ha�d such insurance proceeds untii L.�nd�r has had an oppor�unity to inspe�t such Property to ensure the work has been camp�eted ta Lend�r's satisfa�tion, pro�ided that such inspection shall be undertak�n promptly. Lender may disburse prace�ds for the r�pa�rs and restara�ion in a s�ng�e payrnen�or in a ser��of progress pa�ments as th�v�ork is comp��ted. Unless an agreement is made in writin�nr App�x�ab�e Law requ�res �n�erest�o be paid�n such insurance proceeds, I,ender sha�� na�b�required to pay Borrower any in�erest or earn�ngs on such proceeds. Fees for pu��ic adjus�ers, ar�ther third par��es, re�ained by Borrower s�all not be paid out af�he insurance proceeds and shali be the so�e obliga��on of Borrower. If the restvration or repa�r�s na��conomically feasible or Lender's security vWould be�essened, the�nsuran�e proceeds sha11 be appl�ed to�he sums secured b�this Security �nstrument, whether or not then due, wi��t�e��cess, if any, pa�d to Borrower. Such xnsurance praceeds shal��e app�ied �n the arder pro��ded f�r in Sect�on�. �f Borr�w�r abandons�h�Proper�y, Lender ma� �le, negot�a�e and se��l�any a�raiiab�e�nsurance�laim and rela�ed matters. If Borrower d�es not respond v��hin 3�days to a no��ce from I..�nder that the insurance carrier has�ffered t� s�tt�e a c�a�m, then Lender may negotiate and s�t��e the claim. Th�3D-day p�r�od wili begin wh�n�he nat�ce xs gi�en. In e��her e�en�, or if Lender acqu�res the Prnper�}�under Se��ion��or o�h�rwise, Barrawer hereby as��gns ta Lender�a} B�rrov��r's rights�o any insurance procee�s �n an amount not�o�xce�d the amounts unpa�d under�he Note or�his Secur�ty �nstrument, and ��}an�o�her af B�rro�ver's r�ghts �o�her than the righ�to any refund of unearned premiums paid hy Bflrro�r�r� under a�� �nsurance po�ic�es covering�he Proper�y, insofar as such rights are app�icab�e�o the�overage of the Property. Lender ma�r use fhe�nsurance praceeds�i�her�o r�pa�r or restor��he Praper�y or to pa�amaunts unpaid under the N��e ar this S�curity �nstrumen�, v�hether ar not�hen due. �. Uccupan�y. Borrower shali occup�, establish, and use�he Proper�y as Borrower's princ�pal residence within 6D days af��r the execu�ion af this �ecuri�y �nstru3ment and sha�l cont�nue�o oc�upy the Propert�as Borrower's principal r�sidenc�for a�least on�year af�er�he date of�ccupancy, un�ess Lender o�herw�se agrees in writxng, which consen�sha�l na�be unreasonably w��hheld, �r unless ex��nua�ing circum�tan�es ex�s�which are beyand Bnrrower's control. 7. Prese��at�on, Maintenance and Protectian of the Prvperty; �nspectivns. Borrower sha11 not des�roy, da�mage or impair the Proper�y, a��ow the Pr�p�r��deteriorate or commit�vaste on the Proper�y. '�Thether or not Borrower is resid�ng �n the Propert�s Borr�wer shali ma�n�ain the Proper�y in ord�r to pre��n��he Proper�y from deteriora�ing or de�reas�ng in�a�ue due�o i�s Condi�ian. t�n�ess xt�s de�ermined pursuant ta Sec��fln 5 tha�repair or restorat�on is no��conomica�� feasih�e, Borrower shali pr�mptly r�pa�r the Proper�� if damaged to avo�d further deterioration or damage. If insuran�e or cflndemna�ion prac�eds are pa�d �n c�r�ne�ti�n wi�h damage to, nr�he taking of, the Proper�y, Borrov�rer sha�l be responsible for r�pairing�r restor�ng the Proper��r on�y if Lender has released praceeds for such purposes. Lender may disburse prac�eds N�BRASKA-Single�amily-�annie Mael�reddie Mac UNIFQRM INSTRUM�NT �orm 3028 110� VMP pa VMPfi[NE3�13�Z3 Wr�iters K�uwer FinanGial Ser�ices Page 7 of�7