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��14�3357
<br /> not be exerc�sed unreasonaUly. Lender may require Barrawer�o pay, in connection v�i�h thi.s Loan., e�ther: �a�a one--
<br /> �ime charge for fla�d zone dexerm�.n.a��on, cer�i�.ca�ian a.nd�racking serv�ces;or(b}a ane�-ti�me charge far flood zone
<br /> dererrnina�t�on a.�d cer�i�ica��on ser��ces an.d subsequent cha�rges each ti.me remappings or si�mi.lar changes occur which
<br /> rea�a�.ab�y might affect such determinati�n ar cert�f cax�on. Borrower sha11 also be respon.s�ble for the paymen�of
<br /> an�fees ixnposed by the Federa�Exnergency Managernent Agency in cannection vvit�h th.e rev�ew of an�flaod znne
<br /> deterrn�in.at�on resu��ing from an objec�ion by�rrower.
<br /> If�orrower fai�s�o rnain�ai�any af fihe�o�rerages descr�bed above, Le�.�er may ob�ain�nsurance covera�e, a�
<br /> Lender's aption and BorrawerT s expense. Lender xs under na ab�igat�on to purchase any particular type or amaunt
<br /> af coverage. Therefore, such co�rerage shal� cover Lender, but m.�igh� or might not protect Borro�er, Borrower's
<br /> equity in�h.e Property, or the contien�s of�h�Pr�per�y, againsx any rxsk, hazard ar��abi�x�y and rni.ght pro�xde greater
<br /> or�esser coverage�han was previously in effec�. Borrovver acknowledges tha��he cost of the insurance coverage so
<br /> ob�a.�.n�d migh�s�gn�.f�caa�t�y exceed�he cost of�nsuTa.nce t,�.a��rro�rer�ould have�bta.�ned. Any amounts disbursed
<br /> by Ler�der under th�is Sec�ion S�ha��become addi�ional debt of Borrower seGured by Y.his Securit�Ins�rument. T`h�se
<br /> a.�oun.ts shall b�ar interes�at fi.he No�e ra�e from�he da�e of d.xsbursemen�aan.d shall b�payabxe, v�.t�.such in�teres�,
<br /> upvn noxice from Lender�o Borrower reques�ing paym.e�.t.
<br /> All �.nsurance policies required by Lender and r�newals af such po�icies shail be subj ect to Le�.der's right ta
<br /> d.isapprov�such policxes, shall inc�ude a s�aan.d.ard mor�gage c�ause, and shall name Lender as mortgagee andl�r as an
<br /> add�tiona� �oss paye�. Lender sha��have�he right to hald�he polici�s and renevva�cert�f ca�es. If I�ender requ�res,
<br /> Barrnwer sh.a�l promp��y g'��e to Lender all re�eipts of paid prexniums an.d renewax nat�ces. If Borrower�btai�,s a�y
<br /> f�rm of insurance coverage, not a�herwise requi�red by Lender, for damage to, or destruction of, �he Property, such
<br /> po��c� sha�.x i�.c�ude a s�an.dard mortgage clause and shal� name Lender as mor�gagee andl or as an add�t�oxxax loss
<br /> payee.
<br /> In the even�of�oss, Borro�rer sha11 gi�e prompt no�i�e to tihe insurance carrier and Lender. i�ender may make
<br /> proof of loss �f no� made prompt�y by Borro�ver. Un.Iess Lender an.d Barrower orhervc�ise agree in wr��ing, ax�.y
<br /> ir�urance proceeds, whefi,�.er or nat xhe underlying i�nsurance was required by Lender, sha��be applied�o restora�ion
<br /> or repair of xhe Proper�y, if�he restaratxon or repair is economica��y feasxb�e ax�..d LenderT s secuxity is no�Iessened.
<br /> Dur�.ng such repair a.nd restora��on period, Lender sha�l ha�e the righ�to h��d such insuran.ce proceeds ua�.�il Lender
<br /> has had an appor�un�ty to inspecti such Property to en.sure the v�rork has been cornple�ed to Lender`s sa�isfactian,
<br /> provided that such insp�c�ion sha1� be under�en prornptly. Lender rnay disburse proceeds far �he repair� ar�.d
<br /> restora�ion�a si.ngxe paymen�or in a ser�es af progress pay7me�.ts as the v�rork is completed. Unless an agreemen�
<br /> is made in�rri�ing or A�aplicab�e Lav�r requires vateres�ta be paid on such insurance praceeds, Lender sha��not be
<br /> required to pay Borrower a.ny in�eresr or earnings on such proceeds. Fees for pubixc adju.sxers, ar o�her fihi.rd par��es,
<br /> rexain.ed by B�rrower sha�l no�be paid aut of the in.surance proceeds and shaxx be�he sole obligation of Borra�er.
<br /> If the res�orat�o�.or repair�s not eco�.omica��y feasiU�e or Len.der's�ecur�ty�ou�d be xessened,�.he insurance proceeds
<br /> shall be app�zed to�he sums secured by this Security Instru.men�,whether or n.a��hh�n.due,w��h�he excess,�f a.ny,paid
<br /> ta Barro�ver. Such insurance proceeds shall be applied in�he order pro�ided for i.n 5ec�.on 2.
<br /> If Borrawer abandons �he Prop�rt�, Lender may��e, negotxa�e aand settxe an}� available uisurance claim and
<br /> re�a�ed mat�ers. If Barr�wer does no�respond w��hi.n.3U d.a.ys xa a notice frorn Lender tha��.he�asurance carrier has
<br /> affered�o sett�e a cla�rn, �he�n Lender may negot�a�e and set�le the c�aai.�n. The 3Q-day periad will begin when the
<br /> norice is given. In ei�her event, vr�f Lender acquires t�.e Praper�y u�.der Section 22 or o�.herv�rise, Barro�rer hereby
<br /> assigns�o Lender�a� Barrower's rxghts �o any i.nsurance praceeds in an amoun.t na��o �xceed the amoun�s unpaid
<br /> un.der�.e No�e or�is Secur�ty Ins�rument, and�b}a.ny otiher of Borro�rer's rights�o�her fihan.th.e righ��a any refund
<br /> of un.earned premiums pa�d by Borrower}under al�insurance polic�es coveri.ng the Property, i.n.sofar as such rxghts
<br /> are applica.ble to the caverage of�,he Property: I�ender may u.se�he insuran.ce proceeds e�fiher tn repair or resrore�.he
<br /> Property or�o pay amoun�s unpaid under�he No�e or this Security Instrumen�, whe�her or no��hen due.
<br /> 6. accupancy. Barrflv�er shall accupy, establish, and use the Property as Borrower's princ�pa� res�dence
<br /> �rithin 6a days af�er the execu�iv�.vf this Security Instrument and shal�continue to oc�upy�he Property as Borrower's
<br /> principal residence far at�eas�one yeax after�the d.a.t�of occupancy, unl.ess Lender a�.hex�ise agrees in wr�t�r�g, which
<br /> NEBRASKA 5ingle Family-�Fannie Maef F3reddie �11ac UN1FaR�ll iNSTRUMENT- i11IERS p���rc
<br /> Fotm 3 D 2� 'i 1D 1 Pag e 6 of '�5 w�w.doctrragic,carrr
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