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��14�4153 Ali insurance polic�es r�quired by Lender and renewais of sucY�polic�es shall b�subject ta Lender's righ�to disappra�e such po��c�es, shall include a standard mortgage clause, and shall name L.�nder as mor�gage� andlor as an add�tiona� �ass payee. Lend�r shal�have the righ��o ho�d the policies and renewai cert�fi�ates. �� I.�nder requ�res, Bflrrfl�ver sha11 promp��r give�o I.ender all receipts of paid pr�miums and renewal notices. �f Barr�v�er obta�ns any form of insuranGe co�verage, nat otherwise r�quired b� Lender, for damage to, or destructi�n of, the Property, such po�ic� shali include a standard mor�gage c�ause and shal� na�me Lend�r as mor�gagee andlor as an additional �oss payee. In�he event of�oss, Borrov�rer sha�i gi��prampt noti�e to the insurance carrier and Lend�r. Lender may make pr�of of loss if not ma�e pr�mp��by Borr�wer. Unless Lender and Borrower o�herwise agr�e�n wr�t�n�, any insuranc�praceeds, wheth�r or no�the underlying insurance was requ�red�y Lender, shall be applied to res�oration or repa�r of�he Property, if the restoratzon or repair is econom.�ca��y feas�bie and Lender's s�cur�ty �s n��ssened. I�ur�ng su�h repair and restora�ion period, Lend�r shall have the r�ght to ha�d such �nsuranc�pr�ceeds unti� Lender has had an oppor�unity to inspec� such Praperty to�nsure�h� work has been comp�eted to Lender's satisfac�ion, prov�ded�ha�such inspection sha��be undertaken promptly. Lender may d�sburse pr�ceeds for t�e repairs and restorat�on in a single payment or�n a seri�s of pro�ress payments as�he v�rork is camp�eted. Uniess an agreement �s made�n wri�ing or App��cable Law requ�res interest to be paid on such insurance proceeds, Lender shall not b�requ�red to pa}�Borrower any interes�or earnin�s an such pro�eeds. F�es fnr public ad�ust�rs, or o�her�h�rd par�ies, retained�� Borr�wer shall no�be paid ou��f the in5urance proceeds and shall be the so�e ob�igation of Borrower. �f the restoration or repair�s not��onorx�.ica��y feasib�e or Lender's secur�t�would be Iessened, the insurance proceeds sha��be appl�ed�a the sums s�cur�d by th�s Securi�y Instrument, w�.e�her�r nat then due, v�r�th the excess, if any, paid ta Barrov�er. Such�nsurance proceeds sha��be appii�d in the order pr�vided for in Sec��an 2. If Borr�wer abando�s th�Property, Lender may fi�e, negot�ate and se�tl�an�ava�lable�nsurance claim and rela�ed nlatters. If Borro�er does not resp�nd v�ithin 3D da�rs to a no�i�e from Lender�hat the insurance Garr�er has offered�o settle a c�a�m, �h�n L�nder ma�negat�ate and set�le the cla�m. The 3�-day p�riod w�� begin v�hen the notice �s gi��n. In ei��ier ev�nt, or if Lender acquires�he Property und�r 5�ction 2�or otherwise, Borrower here�y ass�gns�o Lender�a} Barrower's rights�o any insurance proceeds in an amount not��exceed�he amoun�s unpaid under the No�e�r�his Secur�ty Ins�rument, and�b} any other�f Borrovver's rights (other tha.n th�righ��o an�refund af unearned pr�miums paid by Borrower}under all insurance pal�cies co�verin�the Propert�, �nsofar as such rights are appl�cable to the coverage�f�he Pr�perty. Lender may use�he�nsurance pro�eeds e�ther t� repair or restore the Property or tn pay amoun�s unpaid under�he Note or�h�s Securi�y �ns�rumen�, vvhether or nat then due. �. 4ccupancy. Borrower sha11 occupy, es�a�lish, and use�he Proper�y as Borrower's princ�pa� residence u�ith�n d4 da�s after the execut��n of th�s Security �ns�rument and shall �ant�nue t��Gcupy �he Property as Borro�rer's pr�ncipal residenc�for at leas�one year after�he date of oc�upax�c�, uniess Lender o�hervvise agrees �n vvri�ing, wh�ch consen�shail no�be unreasonabiy w�thhe�d, �r unless ex�enua��ng circums�ances exist which are beyond Barrower's control. 7. Preser�at�on, N�a�ntenan�e and Prntect�on of the P�operty; Inspectiflns. Barrower shall not d��rny, damage or impa�r the Proper��, al1�v��he Prop�r�y to de�eriora�e or commi�waste on the Pr�p�r�y. '�he�her ar not Barrower i�resid�ng in the Praper�y, Borrow�r sha1� maintain th�Pr�p�r�y �n�rd�r�o pr��ent�he Proper�� from de�eri�rating or d�creas�ng �n value due ta z�s�ondi�ion, L�nless i� �s determined pursuant ta Sec�ion 5 �ha� repa�r or restora��an is nat econ�micaliy feasible, garr�v�er shall promptly repa�r�he Property if damaged�o a�oid fur�her de�erioration or damage. �f insurance or condemna�i�n pr�c�eds are paid in connec�ion v�r�th damage�o, or the�a�in�of, �he Proper�y, Borrflwer shall�e respansible f�r r�pairing or restor�n� th� Proper��r onl}� if Lender has r�l�ased proceeds far such purpos�s. Lender ma�d�sburse proceeds NE6RA5KA-Single Famiiy-�annie MaelFreddie Ma�UNI�ORM iNSTRUM�NT Form 3428'[1�1 VMP Q VMPPaNE�y��Q�y Walters Kluwer F�nancial Ser�ices 9