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��14�5�54 <br /> Al��nsura.nce�o7i�ies require�.by Lender and renewals of suc�z po��cies sha�l be subjecti tfl Le��.e�'s right�� <br /> d�sap�rove suc����licies, sha�I in�lude a standa.�d�nor�gage c�at�se, and s1�a11 na�ne Le�zder as�nartgagee <br /> at�dlar�s �.r�a�.d���a�alloss payee. Le�der s�i�.11�.ave�he right�:o hold�lze poliGies atld renewal cer�ific�.�es. If <br /> Lene�er requires, B�rro�wer�ha11 pramp�ly gi�e 1;�Lenc�er a��receip�s of pai�pre�niL�z�ns a�d re�evval notices, <br /> If Bo�r.ower al��ai�s�ny lo�in of i�surar�ce cove�age, no�ot�e�wise requ�red by Leric�e�, Fo��da�nage�o, a� <br /> des�rL�c�ioz�of, �he Property,, such po�icy sha�1 iticlLxde a sta.nc��.rd�n���gage clause anc�sh�.11�a�ne Lender as <br /> inar�gagee andlar as a.r�addi�iona��oss�aayee, <br /> In�he eve�.t of�oss, Borrourer s�1a�1 g��re�rotnpt izn�ic�1:0#:�e insura�ce carr�er anc�Ler�der. Le�nder inay <br /> �na��e p�oof of Ioss�l no��nac�e pro�np��y by I�orrower. Un�ess Lender and Bo�rov�er�tllerv�ise agree i� <br /> vvriting, any insuran�e pro�eeds, vvhe�her or��Qt��Ze unc�erly�zlg ins�xrance was�ec�uired.by Lende�, s��a11 be <br /> appli�d to�estara�ian or�epa.i�•oF i:he Pt�oper�y, if��z�res�o�ra�ian or repair�s ecax�a�nic�.11y feasi�le a�c� <br /> Le�.1C�e1 f S 5�CL111�y 15 114�:��55���CI.. Du.�•�ng such�epair�ric�r�storal:ion�e�ra.od, Lend�r s�1a11 IZave��ie r�gh��o <br /> hold such insura.r�ce p�oceeds un�i1 Le�der l�as l�a�.a�npp�r�un��y to inspec�:��.�ch P�aper�y�o et�sur���ie <br /> wnrlc�aas been�om�a�eted�a�ender's sa�isfact�on, p�'�V1CI�C�.��lc��SUC�1 1115�J�C�1��1 5�.7.�.�.��e Uf3C����c����I1 <br /> pro�np�ly, Le�zder i»�.y disU�rse p�roceeds for�he t epairs at�d t es�ar�.�ion i�z a sing�e��:yil�er�t nr ir�a ser�es�f <br /> �arogre���ayments as�he wo�1f�s coxnp�etec�, U�31ess ai�agreer�ner�t is sn�c�e i�.wri�i�lg or A�plica�ale Law <br /> requfres ����eres�ta be paid�n s�xc�1��zsu:�rar�ce proceeds, Letic�er sha11 no��e requirec��o pay Bor�ovver��zy <br /> interes�o�ea�nir�g�or�su��p�,�ce�ds. Tees for�ublic adjust�rs, or�i.her���irc��ar�ies, re�a�i��d by Borr�vt�er <br /> sha�1 z�o�be pard ou�:o:C��ie�rlsu�a.n����roc�eds and.��za1��e the so�e obliga��on of Lorrower. �f�he res�ora�i�n <br /> o�repair�s not econo�r�iG�.l�y feasiUZe or Lender's sec�.��ity vt�auld be Ies�ene�., �he insurar�ce proceec�s s1�aI1 be <br /> ap��iec��o�:he suins secut•ed�ay�hi� S�cu�ri�y���stru�nex��, v�hei:her or no��lzen�.u�; wi�h the excess, �f�ny, <br /> paic��o Borravve�. Such i��sura.nce p�r�ceeds sha�1 he applied in�he orde�r�rovided for it1 Sectior�2. <br /> If�3o�rower a�a�c�o�.s���x�P�ap�rty, Ler�der�nay f�le, negotia�e�.nd se��1e any available insu��ance clairn anc� <br /> r��a�e�.�na��ers, Tf I3orravver does�.01:respo�d vvi�hi�3� days�o a r�atice fro�n�,e��.er��.a��he ir�sut a�ce <br /> ca�r�er has offez�ed to se��le a clai�n, t1�en Lender naay�egotiate an�se��1e�he�Zax�n. T�ze 3�--day period wi�� <br /> . begi�.1�rhen�he notice is giver�. Itl ei�her even�, �r�f Lender acquir�s the Prope�-tiy unde�Se��i��z 22 0�° <br /> o�he�w�se, Bor�rower��erehy assigns�a Le�1�.ei��a}13o�rrov�rer's rtghts to ar�y i�asura�c�proceec�s fr�ai�a�nour�� <br /> na��o e�c��d�he a�noulz�s ut��ai�.u�c�et•�:h�Note or�his �ecurx�y��astrL�i-nen�, a��.�b}a�.y o�lzer of <br /> Bo�rawer's rigll�s �o�her�h�r��h��ight�o any reruna�of u�1e���ed�re�z-��uin�pa�d by��rrower}t�nder a11 <br /> x�.surance�olic�es cover�r�g��ze Prop��:ty, i���afar as such rig��s a�re a�p�icabl�to tlle c�verage of the <br /> . P�opet•tiy, Lender 111�;y�.xse the insut�an�e�t•oceeds ei�ller�o re����o�r res�ore t�le P��oper�y or�o pay a��zou�ts <br /> u�p�.i�.un�.er�he Note o��11is Sec�.�ri�;y Iris�:ruinent, v�he��ler o�na��her�d�e� <br /> �. C]ccupancy. Barrowe� sha.�l oc�upy, es�abl�s�a., ax�d use��ie Property�s Bor���we�•'s prif�cipa.l resic�ence <br /> ����Iin�� days after t�le execu��an of��.�s Security����ru�nen�ai�c�sha11 co�.�inue�o occupy��le Pra�e���y as <br /> Borrower's princi�al�•esidenee for a��east ane year�.f�er the date of occupa�.cy, tX��less L�nder o�he�rv��se <br /> agrees in writ�ng, wl-�icl-�conse��sla�1��.a�be u�zreasn��b�y�uithheld, �r unless ex�elzuatitlg ci�cu�ns�a�ces <br /> exis�t7v��.�clz are beyor�d Borrow�r's��on�ro�a <br /> 7. �'reserva�i�n, �I��n�enar�c� a�nd F'ro��c��a� of �he Proper�y� In�pec�io�sA Lo�rovtrel sha11 na�c�es�roy, <br /> da�nage or��np�.xr tl�e Pro�ertiy, allo�i.�le I'raper�y�o�e�ez•�ora�e���oi�n�t was�e o�.��ae Prope��y. V�Vhel:�er <br /> or n��Bot rovver�s resic�i�lg in tlie Proper�y, �3orrowei s�1a11�nain�ai�z t��e PrQ�e���y i�z orc�er�o pre�et����Ze <br /> Proper�y fro�n c�e�er�o�at�ng ar decreasi��;ir�v�.�t�e due�o ��s co�di�io��. Unless��is de�e���.za.e�.pursua���a <br /> Sec�i��5 tf�at re�arr a�•restora��on is����ecano�nically feasi�re, Borrou�e�� slla:l�proznptl�repa.it�he Proper�y <br /> if damagec�to avai�.fi��rther d.e�erior�.�ior�or c�amage, If i�su�ratice a�co�.�.e��lnatiatz proceec�s�.r�pai�.in <br /> �or�nec�ior�wi�11�.a�nage�o, or��ze���cixa.g af, the Prope�•ty, Bart�ovver���a.��be responsib�e Fo�re�a���i�g or <br /> res�oz•ir�g t11e Proper�y a�zly if Lenc�er�zas rele�sed�toceec�s fo��s�c11 purpases, Letic�er i�nay disUL��se�roceec�s <br /> 2�440697� <br /> NEBRASKA-Sing���amily��annie M aelF'reddie h�ac UNI�nRM INSTRUIN ENT �orm 3D28�101 <br /> 11M P Q VM P6�NE}��3a�} <br /> INalfers K1uw er Financia�Services Page 7 af�7 <br />