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��14�3575 A1� insuranc�policies requ�red by Lender and ren�wal.s of such palzci�s shai�b�sub��ct ta Lender's right�o d�sappr��e such p��icies, sha�l �nc�ude a standard mortgage clause, and shall name Lender as mortgag�e andlor as an addi�iona� �oss payee. Lender shaii ha�e the right to hold�he pa�icies and renewal certif�ca�es. Yf Iaender requires, Borrower sha��pr�mp��give to Lender aIl receip�s�f paid premuum� and renewal no�ices. �f Borr�v�rer ohtains any form�f�nsuran�e coverage, not otherwise requ�red by Lender, f�r damage to, or destru�t�an�f, �he Praper�y, such po��cy shail include a standard mar��age clause and sha�I name Lender as mortgagee andlor as an add�t�ona��ss payee. �n�he e��n�of�ass, Borrower shall give promp�notice to�he insuran�e carrzer and Lender. Lender may make pro�f�f�oss if not made promp�Iy by B�rrower, Unless Lender and Borr��er otherwis�agree�n vvr��ng, any�nsurance pr�c�eds, vvhe�her�r not the underly�ng in�uran�e�ras required by Lender, shal�be app��ed��restorat�an or repa�r�f the Proper�y, �f the res�oratzon or r�pair is�con�mi.icalXy feas�ble and Lender's se�ur��r�s not Iess�n�d. During such r��air and restaratxon peri�d, Lender shal�ha�re�he righ��a �.old sueh �nsura.nce proceeds until Lender has had an�ppor�uni�y�o �nsp�ct such Prnper�y to�nsure the w�rk has been�ompie��d�o L.end�r's sa�isfaction, pro��de�.that su�h �nspe�tion sha��be und�r�aken promptly. Len�er may dis�urs�pr��eds for the repa�rs and rest�ra�ian�n a single pa�rment�r�n a ser�es of progres�paymer�ts as the w�rk is compl��ed. Unless an agreement�s made�n writ�ng or App�icable Law requ�res interes��o be pa�d on such �nsurance proceeds, Lender sha��not be requ�red ta pay B�rrow�r an�r in�erest or�arnings on such pr�c�eds. Fees for�u�l��adjusters, or o�her�h�rd par��es, retained by Barrower shali not be paid aut of the�nsuran�e pr�ceeds and sha��be th�s�le�b��gat��n af B�rro�ver. �f the restora�ion or repaxr�s n��economica��y feasible or Lender's securi��r�vould be lessened, the�nsuranc�praceeds �ha��be app��ed ta�he sums s��ured�y�h�s S�cur�ty�ns�ru.men�, wh�ther or not�hen due, w��h�he e�cess, �f any, paid to Borrouler. Suc�.insurance proce�ds shall be app��ed in�he�rder prov�ded for in Sec��n 2. �f B�rrower abandons the Proper�y, Lender may f�1e, nego��ate and settle any a�ai�a�le insuran�e c�aim and rela�ed mat��rs. �f Borrower dfles na�respond wi�h�n 3D days ta a no�ice from Lender that the insurance carrier has offered�o set�le a c�a�m, �h�n Lender may negat�a��and s��t1e th�claim. The 3�Wday periad wi�� begi�wh�n the nv�ice is g�ven. �n eith�r even�, ar if Lender acquir�s�he�'r�per�y under��ct�on��or atherw�se, Borrower herehy assi�ns �� Lender�a}Barrower's r�g�.ts t�any �nsurance prac�eds in an a�moun� no�to e�ceed�he amaun�s unpa�d under the Note or�h�s Secur��y�ns�rument, and�b} any other of Barrower's r�gh�s �other than��.e r�gh�t� any refund of unearned prem.�unr�s paid b�r Borrower}under all �nsurance po��c�es�overing the Propert�, �nsofar as such rights are applicab�e t�the co�erage of�he Property. Lender m�ay use the�nsurance proceeds e�th�r��repa�r�r res��re the Prop�r�y ar to pay amoun�s unpaid under th�No�e ar�his Securit�r �ns�rumen�, w�.e�her or no��hen due. �. [)ccupancy. Bnrr�w�r sha11 occupy, es�ab��sh, and use�he Praper�y as Borrov��r's pr�ncipa� res�dence w�th�n 6�days after th�executian of this Secur��y Instrun�ent and sha�1 con�xnue�o oc�up�the Proper�y as �orrawer's pr�n�xpa� res�dence f�r a�least one y�ar after the da�e of accupancy, unless Lend�r otherw�se agr�e� in v�riting, whxch c�nsent sha�l not he unrea�onabl�wi�hh��d, or unl�ss extenua��ng circumstanc�s exist v�hich are�beyond Borrov�er's c�ntro�. 7. Preser�ation, N�a�ntenance and Prvtecti�n af the Prvperty; lnspect�ans. Borrower shall not des�roy, damage or impair the Proper�y, allaw �he Property ta de�er�ora�e nr carnmi.�v�ras�e on the Proper�y. 'L�Vhe��er or not B�rrov�er�s residing in the Property, Borrov�rer shall main�ain the Proper�y in arder to prevent�he Pr�per�y from de�eriorating or decreas�ng in value due to its cand��on. Ilnless �t�s de�ermined pursuan��a S�c�ion 5 tha�re�air or restoration�s n�t economica��y feasible, Borrov��r shall promp��y repair the Proper�y if damaged�o a�oid further deter�oratz�n or damage. �f�nsuranc�or condemna�ian pr�c�eds are paid �n �ar�nect��n wi�h damage to, or the tak�n�af, the Proper�y, Borrower shal�be respans�ble for r�pairing ar r�stor�ng the Proper�y oniy �f L�nder has re�eased proceeds for such purposes. Lender may disburse proceeds NEBRASKA-5ingle�amily-�annie Mael�rec�die Ma�UN�F�RM iNSTF�UMENT �arm 3028 71�1 VMP(� VMP6tNEy[13�2j Wa�fer5 Kfuwer Finar��ia�Ser�ices Page 7 of�7