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��14�4�� A�I insurance pol�c�es requ�red by L.ender and renewa�s�f such p��ic�es shall be subject�o Lender's rx�h��o disappro�e such pa��c��s, sha�� nc�ude a standard mor�ga��lause, and sha11 name Lend�r as mor�gagee andlar as an a�d�t�ona� loss pa�ee. Lender shali ha�e�he rxght�o hold the policies and renewa� cer��cates. �f Lender requ�res, Borrow�r sha��promptly give�o Lender a�i rec�ipts of pa�d premiums and r�nev�a� no��ces. �f Borrower obtazns any form af insu�rance co�erage, no�ofherwise r�quired by Lender, for dam.age�o, flr destruct�on of, the Pro�er�y, such pol�cy sha11 inc�ude a standard mor�gage claus�and shall name Lender as mor�ga�ee andlor as an add��iona� l�ss paye�. In�he��n�of��ss, Borrower shali gi��prompt notice tfl�h�insurance carrier and Lender. Lender may make proof of Ioss if not made promp�ly�y Borraw�r. Unless L�nder and Borrower oth�r�ise agr�e�n v�rrit�ng, an�insuran�e proceeds, vvh�ther or not�he underi�r�ng �nsurance was requ�red by Lender, sha��be appii�d�o restoration or repa�r of�he Proper�y, if th�res�ora�ion ar repair is econom�ca�ly feasible and L�nder's se�ur�ty is not��ssen�d. Durzng such repair and res��ra�xon p�r�od, Lender shall have�he righ�to hold such�nsuran�e proce�ds un�il Lender has had an appor�unity�a �nsp�c�such Property�a ensure�he work has�een�ompleted�o Lender's satisfactxon, pra�ided that such �nspe��on sha�l be under�aken pramp�i�. Lender ma�disburse proceeds far t�.e repa�rs and restoratian in a s�ng�e paymen�ar�n a seri�s of progress pa�ments as the work�s�ompleted. Un�ess an agreement�s made in writ�ng or App�icab�e Law requ�res intieres��o be paid on�uch insurance proceeds, I�nder sha�� not be required�o pay Borrower an� interes�or earnings on such proce�d�. Fees for public adjus�ers, or o�her th�rd par��es, re�ained by Borr�v�rer sha�l no�be pa�d out of th�insurance proceeds and shall be the sole obligation of Borrawer. If��e res�ora��n or r�pair is nat economically feaszb�e or Lender's secur�ty wou�d be Iessene�, the�nsurance pro�eeds shall be applied to tihe suxns secured by�hxs 5ecurity Instrument, wh�ther or no�then due, wi�h the excess, �f axay, pa�d ta Borrow�r. �uch insurance proceeds sha��be app�i�d in�he order pra��d�d for�n�e�t�on 2. �f Borrower a�andans�a.e Pr�p�r�y, Lend�r may �Ie, nego��a��and settle any avai�able insuranc�ciaim and rela��d ma��rs. If Borrower do�s nat respand�vith�n 3�days�o a no��ce from Lender tha�the�nsurance carr�er has offered�� s�tt�e a c�a�m, �hen Lender may n�gotiate and set��e the c�axm. The 3D��ay period vvi11 beg�n when the not�ce�s gi�re�. �n ei�her even�, or if Lender acquzres the Propert�under SeGtion 2��r otherw�se, Barrower hereby ass�gns to Lend�r�a} Borrower's rights�o any insurance p�r�ceeds �n an amoun� no��o exceed�he amounts unpaid under the Na��ar this Se�ur�t�Instrume��, and��} any�ther of Borrower's rights �o�her�han�he r�ght to any refund af unearned premiums paid by Borr�wer�under all insurance po�xc�es ctivering�he Proper�y, �nsofar as such r�ghts are app�icable to the�average�f the Proper�y. Lend�r may use�he insuran�e pr�ceeds e�ther t�repair or rest�re�he Praper��or�a pa�r amoun�s unpa�d under�he No�e�r this Se�ur�ty �ns�rum.ent, whether or n�t then due. 6. Dccupancy. Barrower shall vccupy, estab��sh, and use�he Proper��as B�rr�wer's przne�pal residence wi�h�n 6�da�rs after the�xe�ut�on of��is S�curi�y Instrumen�and sha�l con�inue t�oc�upy�he Proper�y as Borrower's princ�pai res�de�ce for at leas��ne year after the da�e of o�cupancy, unless Lender a�h�rvw�se agrees in writing, which cans�n�sha��nat�e unreas�nably withheid, or un�ess extenuating circun�.s�ances ex�s�which are beyand Borrvwer's cantro�. 7. Preservat�on, Il�aintenance and Pr�tect�on of the Praperty; Inspections. Borrovcrer sha��not destroy, damage or�mpa�r the Property, a��ow the Pr�per�y to de�eriarate ar�ommi�waste on t�e Proper�y. Whe�her or no�B�rrower is r�sid�ng �n the Praper�y, Borrower shall main�ain�he Pr�per�y in�rder�o prev�nt tihe Proper��from de�eriorating or decreas�ng in va�ue due to its condition. Unless�t �s determined pursuant�a Section 5 that repair or restarat��n�s no�economica��y feasxb�e, Borrower shai�promp�ly repair the Proper�� if damaged to a��d further det�r�orat�on or damage. �f insurance or c�ndemna�i�n pro�eeds are pa�d in conne�t�on wi�h damage�a, �r�he taking�f, �he Praper�y, Borrower sha1X�e respans�b�e for r�pairing�r rest�rzng�he Property only if Lender has re�ea�ed proce�ds for such purpos�s. Lender ma�r di�burse proceeds NEBRASKA-Single Famiiy-Fannie Mael�reddie Mac UNlFaRM INSTRUMENT �arm 3D28 1141 VMP�y VMPfitN��{�3421 Walters 1Cluwer Fir�ar�cial Ser�ices Page 7 of 17