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��14�4�55 <br /> of cav�rage. Tsherefore� such co�erage sha�l cover ���nder, bu�m�gnr o�m�gnx na��pro�e�� t�orrower, ,��rruwGr � <br /> equit� in the Pr�per�y, ar�he con�e�n��of th�:�roperl.y, agai�st any r��k, hazard or lla�bi�i� an�might�ro�id�gr�ate� <br /> or�esser Co�erage��an was previ�us�� in effeGt. Barr�wer acknow�edg�s that the cost Qf the insurance c�verage sc <br /> obtained migh�si�nificantly exceed the cost af insurance tha��orrow�r cau�c�ha�e o��ained. An�arnaunts disbursec <br /> by Lender under this Se�tion S sha�l�ecoxr�e addi�iana� de�at of Borrower�ecured by th�s�ecurity��nstrumen�. Th�s� <br /> axnaun�s shall b�ar in�erest at�he No�e rat�from the date��dis�urs�men�and sha�l b�payable, with such in�eres�. <br /> upon no�ice from Lender to��rrower requesting payment. <br /> .All insuranGe p�l�cies requ�red by Lender a�d renewa�s flf suc�h policY�s sha�� be subj�G��o Lend�r's righ�t tc <br /> disappro�e such pol�c�e�, shall inc�ud�a standard mor��ag�clause, ax�d sha��name Lend�r as mar�ga��e andlor�.s ar <br /> �ddi�ional lass�aayee. L�nder shall have�he right tn hold�he polici�� a.nd r�newa�cer�if cat�s. �f Lender requ�r�s, <br /> �arrower sha�l promptly g��e�o Lender all receip�s of pa�d premiums and renevval no��ces. If�a�rrower ab�ains an� <br /> form of iansuranc��o�era�e, nat o�her�vise required by Lend�r, for dama�e�c�, or des�ru���on af� the Prop�r�y, suc� <br /> palic� shalZ include a standard m�rtga�e c�a�use and.�hall nam�L�nd�r as�nar�gagee andlar as an addit�ona� ]o�� <br /> payee. <br /> In the�verit of�os�� Barr�wer s�ail�ive promp�no�ice�n the�nsurance carrier and I��nder. Lender may makE <br /> proof of�ass if not made promp�ly by B�rxowe�•. Un1�ss Lender and B�rrov�rer o�h�rwise;�.gree in writ�ng, an� <br /> insurance�ro�e�ds� whe�her or n�t�he underlyin� insura�c�was requir�d by Lender� sh.all lae applied�o restarati�r <br /> �r repair af the Pra�perty, if�he r�s��ration or repau•is econ�mical7y feas�bl�and Lend.er's se�ur�ty is n�t lessened. <br /> During such repair and restoration p�r�.od, Lender shall hav��he right�o ho�d such insurance proce�ds u��i�Lende� <br /> has had �.n opp�rtunity �� inspect such Property �:Q ensure�he v�or�.has been comp��ted�o; L�nder's s�tisfact�an. <br /> �r��id�d �hat such �.nsp�Gtion shall be undertal�en promptly. L�ender may disburse �ro�eed� for �h� r��aairs ane <br /> res��rat�on in a s7ng�e payment or in a ser��s of�rc��-ess payment� �.�th�wor�is co��ple��d. Unless �r�abreem�en <br /> is mad�in rnrrit�n� �r App��cab�e La�r requi.res i�t�r�s�to be pa�d on su�h insurance proceeds, L�nder shall n�� �¢ <br /> requ�red to pa�Borrow�r any in�e�•�s�t or earnings on such p�-a�eeds. Fees for puhlic ad�u�ters; or other�hird par�ies; <br /> re�ain�d by Borrav�rer shall n�t be paid ou� of the i.nsurance praceeds and shall be the so�e ahligation o��3orrower <br /> �f the r�s��ra�i�n ar repair�s n�t econQmically feasib�e or Lend�r's securit�woua d be less�ned,�he�nsur�n��praceed, <br /> sha�l�e ap��ied to the�ums se�ured���h��S�e�urity Instrum�n�� wh��her�r not��en due, v��th�h�exc�s�, if any,pa�c <br /> �o Borrawer. Su�h insurarice proc�eds shal� be app�ied in�he order provided for in S�;�ti�n�. <br /> �f I3orra��ver abandons th� Property, L�nd�r�nay f�ea nego��at� a�d set��e an� a�a�lable �nsurance ��aim an� <br /> re�ated mat�ers. Yf Borrower does�a�respond vvithin 3 Q da}�s to a n�tice fi-om �ender that�he�nsuranee carrier ha; <br /> a�ffered to se�tle a cia�m, then Lend�r may ncgotia�e and se�tle the claim. The 34-day periad w�l� begin when �h� <br /> �.�tice is given. �n either�vent, or if L�nder a�c�uir��the�r�perty under Se�#�ion�1 or other�v�s�, Borrov�er here�a` <br /> assigns�� Lender �a} Borrc��ver's�-ights�� any insurari�e praeeeds in an amoun�not�o exc�ed the amou��s unparc <br /> under th�Note o�•this 5ecuri�Ins�-ument, and�b�any other of Borrawe�'s rights�a�h�r than the right�o any refunc <br /> c�f unearncd prexniums paid by�orro�er}under a�� insuran�e pol���e� coverin�the PrQ�e�-�yz insafar as�such righ�; <br /> a.re app�rc�ab�e to�.he co�erag�❑f the Praperty. Lend�r may use the�r��ur�.nce proceeds either to repair ar rest�r��hs <br /> Proper�y ar t�pay a.�-�aounts un-�axd und�r�h�Nate or th�s Se��rity�nstrument, wh�ther ar nc���hen due. <br /> 6. �ccupan�y. �arraw�r shall �ccupy, est�,blish, and use�he �ropert� as I�orrflwer's pr�ncip al resi denc; <br /> �vi�hin��days af�er the e�ecution of�his�e�urit��nstrum�nt and s�a�l continu��o occupy�he Property as Barrower' <br /> principa�resi.den�e for at�east one year aft�r�he da�e af flc�upa�c�, un�ess Lender o�herwise agrees in wr��ing, whic� <br /> �onsent shall not be unr�asonably w��hhe�d, or un�ess e�t�nua��ng �ircu�T�stanc�s exi��wh�ch are beya�ad�3�rr��er' <br /> control. <br /> 7. Pres�rv�tiony Maintenan�e and Prote��ion �f�he �rap�rty; Insp�ctions. Barr�we�- shall nr��d�str�y <br /> d�.mage ar impair�he Pro�erty, a�1Qv►��he Proper��a deteri�ra�e ar commit vva��e on�he Pra�per�y. �Vh�ther or no <br /> �orrower is residin� �n �he Property, Barrower shal� main�a�n the Property xn �rder to prEvent�he Prop�rt5r fron <br /> de�eriar�.t7.ng or decreas�ng in�alue due�� ��s condi�ion. LTn�ess��is determin�d pursuant to Sec�ion��hat repa�r� <br /> res�ara�ion �s not ���riQmicall� feasxb�e, �orraw�r sha�I �ro�mptly repair�he Prop�rty �f da�aged�o a�o�d furthe <br /> d�ter�orat�on or damage. �f�nsuran�e�r condemr�ati�n pr�ceeds are paid in co�nection�ith damage to, �r the takin� <br /> af, the Pr���rtyx �orrov��r shall be�-espan�ible for repairing or r�st�ring t�ae 1'roper�y only �f Lend�r has re��as�� <br /> NEBRASKA-Single Family--L�NiF�R� fN�TRUMENT ������«� <br /> M��l Fl ED F�R QE�A�TMENT �F V ET�RANS AFFAi R5 w ww.a��acmagrc.car <br /> �R�1. '�I�1} Pag e 6 of 14 <br />