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��14�454� <br /> Al�.i-�.surance policies required by Lender an.d reneujals of such polic�es sha1l be subj ect to Lender'�righ�to <br /> disapprove such po��.c�.es, shall include a stax�dard mortgage c�ause, ax�.d sha1l name Lenc�er as mor�gagee <br /> andlar a.�an additxonallass payee. L�rider�hall have th.�r�gh�t�ho�d�ie paT�.c�.es and xenewa�certif���.te�. If <br /> Lender requ�res, Bo�rower sha�.�:prompt�y g�ve to Le�der a1�re�eip�s of pa�.d�remiums and.renewal no�ices. <br /> If Borrower obta�s any form of insuxance cQverag�, not otherw�se requ�ired by�.ex�der, for damage�a, or <br /> destruction o� the Property, su�h pol�:cy s�ia�I inelude a standarc�mortgage c�ause and sha��name Lender as <br /> mo�gage�axldl�r as an add�t�ona�.l.oss payee. <br /> In the event of�oss, Borrov�er sha�.�.g�ve prampt notic�to�he ir�urance carrier�.nd Lend�r. Lender ma� <br /> ma�e proof of loss�f not made promptly by Barrower. Unless Lender and B�rro�rer oth.erwise agree in <br /> writ�ng, any�.nsurance proceeds, wheth�r or riot�he underlyzrig insurance vvas required by Lender, sha11 be <br /> appliee�to restaration ar repa�r�f�he Prflperty, �f the rest�rat�on or repa�r is econ�mi�ally feas�b�e and <br /> Lender's seeur�.ty is not�essened. Durin.g�uch re�air and restara�ior�peri�d, Lender s�ia1l ha�re�he right�� <br /> �old such irisurax�ce�roceed:s unt�l.�.ender has hac�an a�portunity to�nsp�ct such Prap�rty�o en�sure th� <br /> work ha,�beer�com��.eted�o Lender's sat�s�act�.an, �rovided th.at such�nspect�on sha�l be underta.��n. <br /> promptly. �e�.der may d.�sbur�e proceeds for the repa�-s and r�st�ratio�n in a s��g1e p�.ymer��ar in a series of <br /> progress paymen�s as�he vror�is cQmp�eted. Unless an agre�me�t is made%r�vvr�ting or Applicab�e La� <br /> requ�res i.xiterest ta�be paid an such ir�surance pr�ceeds, Lend�r sha11 not be�equ�red�o�ay Borrower�y <br /> �r�terest ar earn�ngs on such proc�eds. �ees for pub�:ic ac�ju�ters; ar other�hirc�p�ies, reta.ained�y Borrower <br /> sha11.nof be paid flut�f the i�surance praceeds�d shall be�he so�e obl�i.gat�.on of Barr�wer. If�he restoration <br /> or repa�r�.s not economical�y feasib�.�or Lender's securxty would�be�ess�ned, the inssurance proceeds shall be <br /> applied to the sums secuxed by tbis Security Instrument, whether or not then du�, with�he exc�ss; �f ar�y, <br /> paic�to Borrower. Such i�urance proceeds sha1�be applie.d in�he order prov�ded for in Sect�or�2. <br /> If�orrower a�band.ons�he Property, L�nder may�Ie, negotiate�d set��e any availab�e insura�ce cla�m and <br /> �elatec�matters. If Bnrrower does not respond wi�hi-�3�days to a not.�ce from Lenc�er tha���e insurarzce <br /> �arrier has�ffered to�e�t�e a c�a�m, then Lender may nego�ate an.d set�le the clairaa:. The 3�-day period will <br /> begin when�}�e not�ce�s gi.v�n. In eith�r event, a�-i:f Lender acqui�-es th�Property u�..der Sectio,�2��r <br /> otherwise, �orrower hereby assigns to Le�der�a}Borrower's rights t�any in�urance proceeds in ar�amount <br /> not to e�ceed the amounts unpaid under the Nate flr�his Secur�ty Instrument, and��� any o�h�r of <br /> Borrower's rights(other than the righ�to any refund of�.nearned premiwns pa�:d by Barrov�er}�der a�� <br /> insurance po�.�cxe�cavering the Property, instifar as such rights are app�icab�e to�he coverage of�.� <br /> Proper�y. Ler�c�er may use�he insurance proceed.���.�h.er to repair or r��tore the Pr�pex�y or to pay amounts <br /> unpa.�d under�he l�rote or this Security In.strument, vvhe�ier or nat then due. <br /> fi. �c�upa�cy. Borro�ver shal�occupy, es�a���.sh, and use t�ie Proper�y as�3orro�rer's principal res�dence <br /> v�zthia��4 d.ays after�h.e execution af this Sec�ri�y i-�1xu�ment and�ha��cQntinue to accupy�h.e Praper�y as <br /> Barroure�'s princ�.pa�.res�ide�i�e for at Ieast one yeax after the d.a.te of accupancy, unless Lender a�herwise <br /> agrees in vvriting, u�hich consent sha1�.not be unreasonab�y w�.thhe�d, or un�ess exte�uating circumstances <br /> exist which a�e beyond�3orrow��'s control.. <br /> 7. Pres�rrra�rron, �a.i�tenance ar�d Protect�on �f the Properfiy; lnspections. Borrower sha�.�.nat destroy, <br /> darriage�r irrmpa:ir the Praper�.y, a1�ow the Property to deteriorate or conmmit�vaste on the Propert�y. �]Llhether <br /> ar not Borrower�s resid�g�.n�he Propex ty, �orrow�r sha�1 mai�.�a.i.n the Proper�y in order to prev�t�lhe <br /> Property fram deteriorat�ng or c�eereas�n.g zx�.value due�a its cor�dit�.an. �[.Triles��t�s de�ermi�ec�pursuant�o <br /> Secti.or�5 �h.at repaar�r restoration�s no��cono�call:y feaszble, Borrower shal.l.�romptly repai�r�h.e Property <br /> �f dam�.ge�I to avox�fu.rther detex�orat�on or cia:iriage. I��nnsuran�e or cand�n�natxon proceeds are pa�d in <br /> conr�ec�on with daz�nage to, or the�aki�lg af, �ie Froperty, Borrow�r sha.��.be respan.si�].�for repairi�g or <br /> restor�ng t�.�Praper�y only if Lender ha.�re�easec�proceeds for�uch purpases. Lender may d�.sbuarse pr�ceeds <br /> �������o <br /> 1VESRASKA-Single Family-Fannie h1[a�IFreddie Ma��NIFDRM INSTRUNIENT �Qrm 3�28'€141 <br /> VM P Q VM P6�NE}��302} <br /> V1lo[ters K{uw e�-Financial 5ervi�es Page 7 of'�7 <br />