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��14��1�� <br /> A�1 �nsurance policies required by Lender and ren�wals�f such p�l�cies shal�be subject t� Lender's righ�to <br /> d�sappr��e su�h po�icies, shal� �nciude a s�andard mor�gage c�ause, and shal� name Lender as mor�gag�e <br /> andlor as an additi�nal l�ss payee. L.�nder sha��have�he right to hold the paiicies and renewal c�r�ificates. �f <br /> Lender requ�r�s, Barro�er sha�l pr�mp�ly�iv�ta Lender ail rec�ip�s of paid prem.iu�ns and renewai not�ces. <br /> If B�rrower obtains any farm of insura�ace�a��rage, no�otherwise required by Lender, for damage to, �r <br /> destruc�ion�f, the Proper�y, su�h palicy sha�l inc�ud�a s�andard mortgage clause and sha�l name Lender as <br /> mortgagee andlor as an additiana� lass payee. <br /> �n the e�rent of�oss, Borrower sha�� ���ve proxnpt notice to the�nsurance carr�er and Lender. Lender may <br /> mak�proaf of�ass �f no�rx�ade pron�ptly�y Borra�v�r. Unless Lender and Borro�er�thervvise agree in <br /> wri��ng, any insurar�ce p�roceed�, �hether or nat the u�nder�ying insurance v�ras r�qu�red by Lender, sha�l be <br /> appl�ed�o restorat�on or repair�f�he Pr�per�y, if the restorat�on�r repa�r�s e��nomically feas�bl�and <br /> Lender's secur�ty is not lessened. During such repair and restora�ion period, L.ender shall ha�re fhe righ�to <br /> hoid such insurance proce�ds unti� I.ender has had an oppor�uni�y to �nspect such Proper�y to ensure the <br /> work has been comple�ed�o L.�nder's satisfaction, prov�ded tha�such �nspection sha11 b�under�aken <br /> prampt�y. L.ender may disburse proceeds for the repairs and res��rat�on in a single payment or�n a series of <br /> pragress paymen�s as the work �s camplet�d. IJnless an a�reement �s made in writ�ng or App��cab�e Law <br /> requ�r�s interes�to be paid on such insurance proceeds, L.end�r sha11 not be required to pay Borrower any <br /> interest ar earn�ngs an su�h pracee�s. F�es for public ad�usters, ar oth�r�hird par��es, r�ta�ned by Borrower <br /> shall nat be pa�d�ut�f the insurance proceeds and shall be�he s�le ab��ga�ion of Borrower, If�he res��rat�on <br /> or r�pair i�no�ecanomically feasible or Lender's securi�y wou�d be Iessened, �he insurance proceeds shal�be <br /> applied tn�h�sums secured b��his Se�uri�y Instrum�nt, whet�er ar not then due, v�i�h�he excess, if any, <br /> pa�d ta�orr�wer. 5uch insurance pr�ce�ds sha11 be appiied in the order pr���ded far in Sec�i�n 2. <br /> �f Borrou�er abandons the Proper�y, I.ender may f�le, nego��ate and settl�any a�ailab�e insurance c�aim and <br /> related matters. If Borraw�r does no�respond w�th�n 30 days to a notice from Lender that�he insura.nce <br /> carrier has offer�d to settle a c�a�m, then Lender may negot�ate and settle�he c�aim. The 3�-�iay periad wili <br /> begin when the not�c� �s g�ven. Xn either e�en�, or if Lender acquires the Proper��r under Sect�on Z�ar <br /> o�herwise, Barrawer hereb�r assigns to Lender�a} Sorrower's r�gh�s to any �nsurance proceeds in an amount <br /> nat t�e�ceed the amounts unpaid under�he No��or this Securi�y�ns�rumen�, and �b} any other of <br /> Borrower's rxghts �other�han the rzght to any refund of unearned premiums paid by Borrov�er}under all <br /> insurance poiic�es co�ering�he Proper�y, insofar as such r�gh�s are applica���to�he co�rerage of the <br /> Prop�r��. L.�nder may use the�nsurance pro�eeds�i�her to repa�r�r res�or�the Propert�r ar�o pay amounts <br /> unpaid under the Note or th�s Security Ins�rumen�, whether or not then due. <br /> �. �ccupancy. Barrov�er shall accupy, estabiish, and use�he Praper�y as Bflr�-ower's pr�nc�pal res�dence <br /> with�n��days after the exe�ut�on of this Se�urity �ns�rum�ent and sha�1 cantinue to occupy t�.�Proper��r as <br /> Borrovv�r's princ�pal resi�ence for at least nne year after�he date of occupancy, unl�ss Lender other�vise <br /> agre�s in writing, whzch cansent shaXl nat be unreasonabi�w�thheld, or un�ess ex�enuating circumstances <br /> exist wh�ch are beyond Borro�rer's con�rol. <br /> 7. Preservativn. Ma�ntenance and Protectivn of the Praperty; Inspectivns. Borrovver shai�n�t destroy, <br /> damage or i�npair�he Proper�y, a��ow�he Propert��� deteriora�e or�ommit waste an the Property. 'VL�hether <br /> ar no�Barrower is residing in the Property, Borro��r shall mainta�n�he Proper�y �n order to pre�rent the <br /> Prop�rty from deterioratin�ar decreasing in value due to its conditzon. Unless it �s determ�n�d pursuant ta <br /> Sectian S �ha�repair or res�ora�ion�s not econflmt�.cal�y feasible, Barrower shal�promp��y repair the Pr�per�y <br /> if damaged�o avoid furth�r deter�ora�ion or darn.age. �f�nsurance or cflnden�a�ian proce�ds are pazd�n <br /> connect�on wi�h damage ta, or the tak�ng of, the Prapert�, Borrower�ha�l�be respansible for repairing or <br /> restorzng �he Property only if L�nder has re�eas�d proc�eds for such purposes, Lender ma�disburs�pro�eed� <br /> N�BRASKA-5ingle�ami�y-Fannie MaelFreddie Mac UNI�URM INSTRUMENT Forrn 3Q28'1141 <br /> VMP Q VMP6{NE}{'i 3p2} <br /> Wolters Kluwer�inancial 5er�iees Page 7 n#�7 <br />