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��14��759 <br /> A�1 insuran.ce pn�ic�es r�quired by L�nder and r�newa�s of such policies shall be subj e�t�o Lender4 s r�ght to <br /> cl�sapprove suc�i po�icies, shall�nclude a s�andard mort�age cl.ause, ar�d shal�:x�ame Ler�der as m�r��agee <br /> andlor as an add�t�onal.�.Qss payee. Ler�der sh�.l.�.}�ave th�ri.ght to ho�d the policies and.renewa.�eer�.:fzcates. If <br /> Lender require�, Borrower shaJ.�.promptl.y��re to Lender a�l rece�pts of pa�d premiums and renewal notices. <br /> If Barrower obtain�a:n.y f�rm of u�urax�ce coverag�, not o�.herwise required by Lender, for daxnage to, ar <br /> destruc�ion of, �he Froperty; such palicy sha���nc�ude a standard mortgage clause and shall name Lender as <br /> mor�gagee arid.lor a.�an addit�ona��oss payee_ <br /> In the ev�nt of I�ss, Borrower sha��g�.ve prompt notice to the i-�suranc�earrier and Lender. Lend�r may <br /> make proflf of Ioss i�f n��made promp�ly by B�rrower. Unl.e�s Lender and�arrower otherwise agr�e in <br /> �vr�t�n.g, ax�y insurance proceeds, �vhe�her or not��under�:yi.ng insurance was requirec�by�e�d�er, sha1�be <br /> appl�ed ta�estaratYo�.or repair of�he Proper�y, if th�restarat�on ar repa�r is ecQnom�ca��.y feasible and <br /> Le�xd.er's security zs r�ot lessenec�. �uring such r�pai�and restoratzon period, Lend:er shall�iave�ie r�ght�o <br /> hol.d such insurance proceeds ux�ti.�.Lender has�ad a.n oppartunity to�nspect such Property to en.sure�e <br /> work has been coxnp�eted to Lender`s sa�isfac�on, prov�:ded that such inspecti�n sha.I.l be undex taken <br /> promp��:y. Lex�der may dxsburse prQce�ds for�.he repairs and restoration i�a single paymen�or�n a ser�.es of <br /> pr�gress paymen�s as the wor1�is c�mpleted. Un.�.ess an agre�xn�n�is made in u�rzt��g or App��cable Law <br /> requires ixitere�t to be pai.d or�such�nsurar�ce pr�ceed�, Lend�r sha11 not be required�o pay Borr�wer any <br /> inter�st or earn�n�s on su�h proceeds. Fees for public adju:sters, or a�her�hi�-�par�es, reta.�ned by Barro-�xrer <br /> sha1�not be paid out of the i-�sU.rance proceed.s and sha���be�he so�.e obligati.ox��f Borrower. If�1ie restorat�an <br /> or repair xs nat economica.11y feas�ble or Lender`s se�urz�y w�uld be l.essened, �he znsurax�ce proceeds sha���e <br /> a�plied to the sums secured by�his S�curity In.strume�t, whet�ier or not�i�n due, wxth�e e��ess, �f ar�.y, <br /> paid ta Borrawer. Such�su�-ar�c�proceeds sh�1 b�app�i.e�.ixz the order providec�for in Sect�.on�. <br /> If Borrower abandons�he Property, Lender may�.�e, negot�ate and sett�e any ava�able�n.s�rance cla�.m and <br /> related mat�ers. If B�rrflwer does not respond wi�r�3�d.ays to a n�t�.ce fram Lerzder that the insurance <br /> �arrzer has offered to settle a claim., then Lender may negotiate and settle�he cl�aam. The 3 4--day period w��l <br /> b�guz when�he notiGe is give�.. In ex�her event, or�:f Lender acqu�ires the Property under Sec�ion��ar <br /> atherw�se, Borrower h.ereby assigns��Lender�a�Barrnwer's ri�hts to any insurance proceeds in a:�a.mount <br /> not�o exce�d tlie amounts unpaid under�.e Nate or this Security Iristrument, a�d[b�any ather of <br /> Borro�rer's ri.ghts�ather tha.n.the right to any refund of unearned prem�ums pa�d by BorrovU�r�und.er a11 <br /> in�urance policies covering�.he l�roperty, insofar as such ri�ghts are app�.�cable�o�h.e coverage of�.he <br /> Propert�. Iaender ma�use�he�.nsura�xce pr�ceeds e�.�i�r�o repa:ir�r r�store�.he]Pro�perty or ta p�.y amoux�.ts <br /> unpaid un�.e�r the Note or�his Security Iilstrum�nt, whe�er�r not�hen du�. <br /> �. �ccu p��cy. B�rr�wer sha1l occupy, establish, aasd use the Property as Borrower's prxx�cipa��eslder�ce <br /> wi�hin��days after the execu�ion af th�.s Secur�ty Instru.�.izent and sha�1 continue t�accupy the Proper�y as <br /> Borrower's priricipal res�dence for at Ieast one year after t}�ie date of occupancy, un�ess Lender a�heryvise <br /> agrees in�vr�ting, whi��i consent shal�not be unreaSonabl.y vv�thhe�d, flr ux�less extenuat�x�g c�rcum�tances <br /> exist tivhich are.b��ond Barrower's c�ntro].. <br /> �. �res�r�atEon, N�a�nt�nar�c� anc� Protec��a� of the Property; �ns��ct�o�s, Borrotiver sha.�:�r��t destroy, <br /> damage or impaxr�he Property, allow the Property to deter�.Qrate ar co�r�mx.t waste or��he Px�perty. �hether <br /> or not Borrower�s residin:�i.ri�ie Property, I3orr��xrer shal�maintai.r�the Property ix�.or�er to prevera.��he <br /> Pra�erty fram deteriora�ing ar decreasing�r�value du���its cond�tion. Unless�t is deter.�.i:za.ed.p�rsu�nt�� <br /> Sectior�5 that repair or restara�:on�s not econa�.cally fea��ble, Barrow�r sha��pramptly repa�-�he 1'roper�y <br /> i.f d.amaged�o avoid further deter�.oratx�n or damage. If�nsurance�r�ox�.demnat�an prQce�ds are paid�r� <br /> co�ection v��h damage�o, or the taking of, �t�ie Property, Borrov��r sha��be resp��:sxb�e for repa.�ring�r <br /> restoring the Property ar�y if Ler�der has released proceeds for�uch purpases. Lender may d�isburse pracee�s <br /> 24a0725d <br /> NEBRASFCA-5ingfe Famify�Fannie M ael�reddie M ac UNfF�RM 1NSTRLIM ENT ��rm 3p�g��p� <br /> VM P� VM PS�aN��}���Q�� <br /> W o[��rs K[uw er F��ancial Ser�ices <br />