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<br /> not be exercised unreasanably. Lender may r�qu�re Barrower t❑pay, in conne�t�on with this Loar�, either: �a}a vne-
<br /> tirne charge far flood zone determination, certificatian and tracking services; or�b}a one-time charge far flo�d z�n�
<br /> determxna�ion and certification services and subseq�en�char�es each time r�mapp�ngs or similar changes accur which
<br /> reasanab�y might affect such determination or certifica�ion. Borrower shall alsa be respons�ble for the payment of
<br /> any fees impased by�he Federal Ernergency Management Agency in conn�ction with the review of any flaad zane
<br /> determinatian resulting frflm an objection by Borrow�r.
<br /> If Borrawer fails to maintain any of the co�erages described aba�e, Lender may obtain insurance cv�erage, at
<br /> Lender's option and Borrawer's expense. Lender is ur�der n� obligat�on to purchase any particular type or am�unt
<br /> of cvverag�. Therefore, such ca�erage shal� ca�er Lender, but might ar might nat pratect Barrow�r, Bonower's
<br /> . equity in the Praper�y, vr the contents of the Property, against any risk, hazard or liability and might pra�ide greater
<br /> �r lesser co�erage than was pre�iausly in effe�t. Borrower acknawledges that the c�st of the insurance co�erage so
<br /> obtained might significantly exceed the cast af insurance that Barrovver could ha�e abtained. Any amounts dishursed
<br /> by Lender under this Sectian 5 shall became additional debt of Borrawer secured by this S�curity Instrument. These
<br /> amaunts sha1� bear interest at the Note rate from the date of disbursernen�and sha11 be payable, with such interest,
<br /> upon notice from Lender to Borrower requesting payrnent.
<br /> A11 insurance palicies required by Lender and renewals af such pa�icies shall be subject �o Lender's right ta
<br /> disapprave such policies, sha�l include a standard mortgage clause, and sha11 name Lender as mortgagee andlar as an
<br /> addit�onal loss payee. Lender shal�ha�e the right to hald the policies and renewal certificates. If Lender requires,
<br /> Borrawer shall promptly gi�e to Lender al�rece�pts�f paid prerniums and renewal natices. �f Borrower obta�ns any
<br /> form of insurance coverage, nat otherwise requir�d by Lender, far damage ta, �r des�ru��ion of, the Property, such
<br /> policy shall include a standard mortgage clause and sha11 name Lender as martgage� andlor as an addit�ona� �oss
<br /> payee.
<br /> In�he e�ent of loss, Borrvwer shall give prampt notice tv the insurance carrier and Lender. Lender may make
<br /> proof af lass if nat made promptly by Borrower. Unless Lender and Barrower otherwise agree in writing, any
<br /> insurance proceeds, whether or not the under�ying insurance was required by Lender, shall be app�ied to restvratian
<br /> ar repair of the Praperty, if the restoration or repair is econamically feasible and Lender's security is not lessened.
<br /> During such repair and restaration period, Lender shall have the righ�to hold such insurance proceeds until Lender
<br /> has had an opportunity to irispect su�h Prop�rty to ensure the work has been completed tv Lender's satisfaction,
<br /> pro�ided that su�h inspectian shali b� undertaken promptly. Lender may disburse proceeds for the repairs and
<br /> restoration in a single payment or zn a series of pr�gress payments as the work is campleted. Unless an agreernent
<br /> is rnade in writing or Applicable Law requires in�erest to be pa�d �n such insurance praceeds, Lender shal�not be
<br /> required to pay Borrower any interest or�arnings on such proceeds. Fees for public adjusters, or other third parties,
<br /> re�ained by Barrawer sha�l not be paid out af the insurance praceeds and shall be the sole abligation of B�rrower.
<br /> If the restoration or repair is no�economically feasible ar Lender's security would be lessened,the insuranCe proceeds
<br /> sha11 be applied ta the sums secured l�y this Security Instrument, whether ar not then due, with the excess,if any, paid
<br /> to Borrower. Such insuran�e proceeds sha11 be applied in the order provided for in S�cti�n 2.
<br /> �f Barrawer abandans the Praperty, Lender may file, negotiate and settle any a�ai�able insurance claim and
<br /> related mat�ers. If Borrower does no� respond within 3�days to a notiCe from Lender that the insurance carrier has
<br /> offered to set��e a clairn, then Lender may negatiate and se�tle the claim. The 3�-day period will begin vvhen the
<br /> n�tice is gi�en. In either event, or if Lender acquires the Property under Sec�ifln 22 or otherwise, Barrower hereby
<br /> assigns to Lender�a} Barrawer's rights ta any insurance proceeds in an amount not ta exceed the amaunts unpaid
<br /> under the Nate or this Securi�y Instrument, and(b�any other of Barrower's rights�other than the right to any refund
<br /> of unearned premiums paid by BorrovWer}under a11 �nsuran�e palicies co�ering the Praperty, insafar as such righ�.s
<br /> are app�icable ta the coverage of the Praperty. Lender m�y use the insurance proceeds erther t�repair or restore the
<br /> Property or ta pay amaunts unpaid under the Nvte or this Securit�Instrument, whether ar not then due.
<br /> 6. �ccupancy. Barravver shali accupy, estabtish, and use the Property as Borrower's principaX residence
<br /> within 60 d.ays after th�executian af this Security Instrument and shal�continue ta accupy the Property as Barrower's
<br /> principa�residence for at least ane year after the date of�ccupancy, unless Lender otherwise agrees in writing, which
<br /> NEBRASKA Singie Fami�y--Fannie MaelFreddie Mac UNIF�RM INSTRUMENT - MERS pacJKa�fc
<br /> Form 3D28 11D1 Page 6 0� 15 wwtiv.docmagrc.com
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