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��14��9�� A�1 insurance pai�c�es required by Lender and r�newa�s of such po��ies shall be subject�� Lender's right�o disappra�e such po��c�es, sha�� inciude a s�andard mor�gage clause, and shall name Lende�-as mor�gagee andlar as an add��iona��oss pa�ee. Lender sha11 have the r�ght to hoid�he policies and ren��rai c�r��cates. �f Lender requires, Borrower shali pr�mp��y gzv�to L�nder aIi receipts of paid prem.�ums and renewal notices. If Borrower ab�ains an�r form of insura�ce coverag�, not o��.erw�se r�quired by Lender, far damage to, or C��;S�ILiC�1Qn�f, �he Propert�r, such pol�cy sha�l �nclud�a standard mor�gage clause and shai�nam�L�nder as mar�gagee andlor as an addit�ona�loss payee. In the event of lass, Borrower sha�� gx�e prompt not�ce to the�nsurance carr�er and Lend�r. Lender may make proof of Ioss �f nat made prompt��y Borro�rer. Unless Lender and Borr�wer o�herv�ise agree xn wri��ng, any insurance proceeds, whe�her or not�he underlying �nsurance wa�requ�red by Lender, sha�x b� app��ed�fl res��ra�ion or repair of the Pr�per�y, if�he res�ora��on�r repair is economical�y feasib�e and Lender's secur��y �s nat Xessened. During such repair and restora�ion period, Lender shail ha�e the r�gh�� hold such �nsurance proceeds until Lender has had an oppar�un��o�nspe�t such Pr�per��to ensur�the ❑v�rk has been c�mp�e�ed to Lender's satisfac��an, pravided�hat such �nspectian sha11 be under�ak�n promp��y. Lender may disburse proceeds far�he repairs and res��rati�n in a s�ngle payxnen�or in a series af progress paymen�s as the work�s comple�ed. Unless an agr�emen�is made in writing or Applica��e Law requir�s in�erest�o be pa�d on such in�urance praceeds, L.end�r sha�i no��requ�red�n pa�r Bnrraw�r an� interest�r earn�ngs�n such proceeds. Fees for pub��c ad�us�ers, or ather��rd pa�-��es, re�ained�y Barrow�r sha��no�be pa�d out�f the�nsurance praceeds and shal�b��h�sa�e obliga�ion af Borrower. If�he restora�ivn �r repair is nat eco�omica�ly feasible or L�nder's seGurit�r�ou�d�e�essen�d, the�nsuran�e proceeds sha��be applied to the sums secured by this Securi�y �nstrument, whe�h�r�r not�hen due, w�th the excess, if any, paid to Barrower. �uch�n�urar�.ce proceeds sha11 be applied �n�h.e�rder pr�vided f�r�n Sect�on 2. �f Borrower abandons�h�Froperty, Lender may f�le, neg�t�a�e and s�ttle any avax�able insurance c�aim and relate�matters. If Borrower dnes not resp�nd w�th�n 34 days tn a no�i�e from Lender tha�the insuranc� carrier has nffere�to set��e a claim, �h.en Lender may nega�iate ari.d se��le�h.e�laim. The 3�-da�r peri�d wi�� ��gin urhen the n�tic��s giv�n, In�ither event, ar if L�nder acc�uire��he Pr�per��under Sec�ion�2 or ��her�vise, Borrov�er here�y ass�gns�o Lender�a} Borrovwer's rights to any insurance proceeds in an amount n��ta ex�eed�he amaunts unpa�d under�he Note ar th�s Security�nstrumen�, and�b} an��ther of Borrawer's rxghts �ath�r than�he r�ght to an�refund af unearned pr�miums pa�d��Borr�wer�under aI� insurance pol�cies co�ering the Praper��, insofar as such r�ghts are app�icabi�ta��ae cav�rage of the Proper�y. L�nder may use��.e insuranc�pr�ceeds eit�er to repa�r�r restore the Proper��or�a pay amounts unpa�d under the No�e�r this 5ecurity �nstrumen�, whe�her or na�then due. 6. �c�upan�y. Borrawer shali occup�, estab��sh, and use�he Proper��r as Borrov�rer's princ�pal residence within��days after�he exe�utxon af�his Secur�ty �nstrumen�ar�d shal�can�inue�a occu�y�he Proper�y as Borrower's principal residence far a��ast one�rear after the da�e of accupar�cy, un�ess Lender otherw�se agr��s in�vr�ting, w�ich consent shall nat b�unreasona�l�wi�hhe�d, or unXess e��enua�xng cir�umstances ex�s�whxch ar�beyond B�rrower's ��n�ro�. 7. Pres�rrrat�on, Ma�ntenance and Pratect�an af the Prvperty: tnspectivns. Barrower shall not des�roy, damage�r impair the Proper�y, a�low the Prope�y t� deteriorate or c�mmit waste on the Praper��. �hether or not Borrower�s r�sid�ng in the Proper��, S�rrov�r�r shall maintain�he Proper�y in ord�r to prevent the Proper�y fr�m deteriora�ing or decreasing �n�value due�o its cond��i�n. Unless it�s determined pursuant�o Sect��n 5 tha�repa�r or restara�ion is not economica�i�r feas�bi�, Borrawer sha��prnmptly repair the Pr�pert� �f da�maged�o avo�d fur�er deteriora��on or damage. �f xnsurance or condemnat��n proceeds are paxd in connec�ion with damage��, or the tak�ng of, the Praper�y, Borr�wer sha�I be resp�nsible for repairing or restoring the Praper�y on�y �f L.ender has rel�ased pro�eeds for such purposes. L�nder may disburse proceeds N�BRASKA-Single�amily-�annie Mael�reddie Ma�UNIF�RM[NSTRIJMENT �orm 3�28 71fl1 VMP[� VMPfi{N��t13Q2} Wal#�rs Kiuw�r�inancial Ser�ices Page 7 of i 7