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��14��57� Ali insurance pa�ici�s r�qui�red by L�nder and ren�wa�s of such policies shai�he su��ect t� Lend�r's righ�to disappr�ve such p��icies, shall include a standard mortga�e��ause, and shal�name Lender as mortgagee andlar as an add�tional �flss payee. L�nder shaii haue the right to hoid�h�po��cies and renewa� �er�i�cates. If Len�er requires, Borrawer s�ai� promptly gi�e�o Lender al� re�eipts of paid premiums and rene�val no��ces. �f B�rrower o��a�ns any f�rm of�nsuran�e coverag�, nat otherw�se requ�red by Lender, for damage to, or destruction of, the Property, such policy shal� �nclude a standard mortgage c�ause and sha�l name Lender as mortgag�e andlor as an add��onai l�ss paye�. �n�he event of loss, Borrower sha��gi�e prompt notice�o�he insurance carr�er and Lender. L.ender may make proof of lo�s if nat made pr�mp�ly by Bnrrow�r. Unless Lender and Barrower atherr��se agree in wr��ing, any �nsurance proceeds, wh�ther�r na��he underly�ng �nsurance vvas r�quired�y Lend�r, �hall be applie� to restaration or repa�r of�he Prop�r��, if the res�orat�an or repair is econoz�nically f�as�ble and Lender's s�curity is not les�ened. Dur�ng su�h repazr and res�orati�n period, Lender shall have the righ�ta hold such insurance proce�ds un��l Lender has had an oppor�uni�y �o �nspect such Property fio�nsure the work has�een completed to Lender's sa�isfaction, pr��ded that such �nspection sha�I be under�aken promp�ly. L,ender ma�disburse pr�ceeds for the r�pairs and restora�ion�n a s�ngle paymen�or�n a series of progress pa�m�nts as the work is com.pleted. I]n1�ss an agreement is n�.ade in writ�ng or Applicab��Lavv requires interes��o be paid on such insurance proceeds y Lender sha�� not be required to pay Barrower any interest ar earn�ngs on such proceeds. Fe�s for publ�c adjus�ers, or�ther th�rd par�ies, reta�ned by Borrower sha��not be paid flut�f�he insurance proceeds and sha�� be the sole obliga�ion�f gorrower. �f the restarat�an or repair is not econom�cal�y feasible ar Len�i�r's se�uri�y wauld be�essen�d, th��nsurance pro�eeds sha��be app�ied ta the sums secured by this Securi�� ns�rumen�, whether or not then due, vv��h the��ccess, if any, pa�d to Borrov�er. Such insurance proceeds shali be applied in the order provided for�n Se�tion 2. �f Barrow�r abandons the Praper�y, Lender may ��e, negotiate and set��e any avai�able insurance claim and re�ated mat�ers. �f Borrow�r does no�respond w�thin 30 days�a a no�ice from Lender�hat�he�nsuranCe �arrier has affered to settle a c�aim, �hen Lender ma�negotiate and s��tle�he claim. The 3��day p�r�od v�i�l begin when th�na�ice is��ven. I�ei�her event, or�f L,ender acqu�res�he Froper�y under Sect�on 22 or �therw�se, B�rrov�rer hereby assigns to I.ender�a} Borrower's rights t�any �nsurance proceed5 in an amount not�o exceed the amoun�s unpa�d under the Note or�his Securit� �nstrumen�, and (b} any o�her of Borraw�r's r�ghts ��ther thari,the right to any r�fund�f unearned premiums paid by Borrower}urider aIi insurance pal�cies co�ering�h�Proper�y, insofar as such rig�ts are appl�ca��e to�h�coverage af�he Prop�rty. Lender n�ay use the insuranc�proceeds e�ther to repair or restore�he Prop�r��or to pa�am�unts unpaid under the N'o�e�r this Secur�ty Ins�rumen�, whether or not�hen due. C. flccupancy. Borrov�er shal� oc�upy, estab�ish, and use the Proper�y as Borr�vver's principa� residence within�Q days af�er�he execu�i�n of�h�s Se�ur��y �ns�rument and sha1X c�ntinue to ocGupy the Prop�r�y as B�rrower's principal residence for a��eas�one y�ar af�er the date of oc�upancy, unless Lender oth�rw�se agrees in v�rriting, wh�ch consent shall not be unreasonab�y v�r�thheld, �r unless e��enua�ing��rcuna��ances exist v�hich are beyond Borr�wer's can�ro�. 7. Preservativrt, Maintenance and Protection of the Properfiy; �ns�ectivns. Borrov�rer sha�i nat des�roy, damage or impair�he Proper��, al�av� �he Property ��.eter�ora�e or commit waste an the Proper�y. V�he�her or n�t B�rrower�s res�ding in the Proper�y, Borrav�r�r shall main�ain the Proper��in order to pre�ent the Pr�p�r�y from d��eriorating or decreasing in�a�ue due�o its cond�tion. Un�ess i� is de��rmined pursuant�a S�etion 5 tha�repair or res��ra�ion is n�t economically feasi��e, Borrower sha�1 pr�mpt�y repa�r the Proper��r if damaged�a a�o�d fur�her de�eriora�ian or�iamage. �f�nsurance�r condemnat�on proceeds are pai�i in c�nnec�ian wxth damag�ta, or the tak�ng of, the Praper�y, Borrovver shal� be responsible for repa�r�ng or r�s�oring the Property nnly if Lender has releas�d proceeds fnr such purposes. I.�nder may disburse proceeds N�BRASKA-SingEe Famity-�annie Mael�re�die Mac UNiFDRM iNSTRUMENT Form 3�28 i In'# VMP� VMPP��e�7�vf�7� WoEters Klc�wer F#nancia�Ser�ices