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��14��745 damage ta,ar destruction of,the Praper�y,such pali�y shall incl��de a standard mortgage clause and sha11 name Lender as mortgage�andlor as an additional�ass payee. In the e�ent of lass,Barrovver shall give prompt notrce to th�insurance carrier and Lender. Lender may ma.ke pr�of�f 1�ss if n�t made promptly by Borravver. Uniess Lender and B�rr�wer ather�v�ri�e agree in �vnting,any insurance proc�eds,whether or not the underlying insurance v�as required by Lender, shall be appl��d to restaration or repair af the Property,if the res�oratian or repair is econ�mically feasible and Lender's security is not lessened. During such repair and restoratian period,Lend�r sha11 ha�e the right to hold su�h insurance proceeds until Lender has had an oppor�unity to ins��ct such Property to ensur� the�vork has been completed tv Lender's sa�isfa�tion,provided that su�h Ynspe�tion shall be under�aken prampt�y. Lender may disburse�roceeds for the repa.irs and restoration in a single pa�ment or in a series of pragress payments as the work is compl�ted. Un�ess an agreement is made�n vvriting or Applicahle Law r��uires interest to be paid an such insura.n�e pr�ceeds,Lender sha.11 not b�required t�pay Barrower any interest or earnin�s on such praceeds. Fees for public a.djusters,ar�ther third pa�ties,retained by Borr�wer sha11 not be paid out nf the insurance pro�eeds and sha11 be the sn�e�bligatian of Borrawer. If the restoration ar repair is not economi�a.�l�r feasib��or Lender's securit��wauld be�essened,th� insurance prace�ds shall be applied ta the sums secured by this Security Instrument,��heth�r or not then due,ti�ith the ex�ess,if any,paid to Borrower. Such insuran�e proceeds shall be applied in the arder pro�ided for in Section 2. If Borrower ahand�ns the Property,Lender may file,negotiate and settle an��ava.i�able insurance claim and r�lated matters.If Borrower does n�t respond v�rithin 3D days to a natice fro��a Lender t�lat t�ie insura1lce carrier has of�ered ta settle a claim,then Lender may negotiate and settle the cla.im.The 3��da��p�riod w i�l b�gin v�=hen the notice is given.�n either event,or if Lender ac�uires the Pr�perty under Se�tion 2� �r otherwise,Borraw er here��assigns to Lender�a}Borrower's rights t�any insuran�e pro�eeds in an amount n�t to exceed the amaunts unpaid under the Note or this S�curity instrument,and�b}a�l�j other of Borrower's rights�other than the right to any refund�f uneaxned premiums paid by Borro��ver}under a11 insuran�e poliGi�s cavering the Property,insofax as su�h rights are applicable to the coverage of the PrQperty.L,�nder ma�use the insuranc�proceeds either to repair or restore the Praperty orto pay amounts unpaid under th�Note or this Securit�r Tnstn�.ment,��hether ar n�t then du�. C. �ccupancy.B�rrower shall ocGup�,establish,and use#he Property as Borrower's principal residence vWi�hin�0 day�after t11�execut�on of this Securi�y Ins�rument an�sha.11 c�ntinue to occupy the Propert�� as Borrower's principal residen�e for at least one��ear af�er the date of occupanc�,unless Lender othen�vise agrees in writing,which consent sha.11 not be unreasonably withheld,or unless extenuating circumstances exist vvhich are�eyond Barrflwer's contr�l. 7. Pr�ser�at�vn, Maintenance and Protection of th� Pr�perty; Inspectians. Borrawer shall n�t destro�,damage or impa.�r the Propert��,a.ilov�the Property to deteriorate or�ommit v�raste on the Property.�]L�hether❑r not Borrov�er is residing in the Property,Borrovver s�all maintain the Prop�rty in order to prevent the Property frvm d�teri�ra.ting Qr de�reasing in�a1ue due tv its condition. Unless i�is determined pursuant t�Section 5 that repair or restoration i�not ec�nomically feasible,Borro�er shall promptly repair the Propert�if damaged t�avoid further deterioratian or damage.If insuran�e ar condemnatian proce�ds are paid�n connection vvith damage to,or the talcing�f,the Property,Borro��er sha11 be r�sponsibl�for repairin�ar restflring the Praperty on�y if Lender has re�eased proGeeds far such HCFG-OD359 NEgRASKA-5ingle Fam�ly-Fannie MaelFredd�e Mac LlNIF�RM INSTRIJMENT Form 3Q28 1101 VMP� 02114 Wo kte rs I{i uw►er Fi nanc�a�Servi oes 20141�1 D4 1�2815-J20140429Y Pag e l af 1 l *3�255Q014217x � � � � �