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��14��59� AII insuran�e pol�c�es requ�red by Lender and renewa�s of such p�lic�es shall be subje�t to Lender's righ�to disappro�e such p�lici�s, shali includ�a standard mor�.gage clause, and shal� nam�Lender as martga�� andlor as an add�t�onal �oss payee. L,ender shall hav�the r�ght to hold�he po�ic�es and rene�al cer��f�cat�s. �f L�nder requ�res, Barro�e�r shall promp�iy g��e t� I.�ender al� rece�pts�f pa�d premiums and renewal not�ces. �f Borrav�er ob�ain� an�form of�nsurance�overage, not otherw�se required by L�nder, f�r damage�o, or d��true�ion of, the PrQ�er�y, such po��cy sha�i inelude a standard mor�gage clause and sha11 name Lender as mar��agee andl�r as an additional ��ss payee. In the e�er�t of loss, Borro�er shall gi�re prompt not�ce to�he �nsuranc�carrzer and Lender. Lender m�a� make proof of loss if no�made promptl�b�Borrower. Unless Lender and B�rrower oth�rwis�agree�n wr�t�ng, any �nsuranc�pro�eeds, wh�t��r or not the under�ying insurance was required by Lender, �hall�e applied to restorat�on or repa�r of�he Proper�y, if the restoratian ar repa�r�s econ�mica��r f�as�ble and I�ender's securi�y is not lessened. During such repa�r and restorat�an periad, Lender sha�i ha�e Yhe right�o hold such insurance pr�c�eds unti� Lender has had an opportun�ty t� inspec�such Proper�y to ensure�he work has been c�mpleted to Lender's satisfact�on, pravided that such �nspe��ion shall be under�aken prornp�l�. Lender may d�sburse pr�ceeds far the repa�rs and r�storation�n a singl�payment or in a�eries af progress pa}�men�s as�he w�rk �s�ompleted. Unless an agreemen��s made in wr��ing or AppliGab�e Lau� requires interes��o be paid fln such �nsurance proce�ds, Lender sha�l no�be required to pa� Borrower any �nteres�or earn�ngs on such proceeds. Fees for pub�ic adjusters, or other th�rd par��es, re�a�ned by Borrower shal�no�be paid out of t�.e�nsurance prace�ds and shall�e�he s��e❑biigation�f B�rr��er. �f the restflra�ian ar repair is n�t economically feasi��e�r Lender's�ecurity wou�d be�essen�d, �he insurance pr��eeds shall be app�ied to�he sums secured by this Securi�� nstrument, wheth�r or not�hen due, with the excess, if any, paid�a Borrawer. Such insuranc�proceeds sha��be appl�e�in�he order pravided far in Section 2. If Borr�v�er abandons the Proper�y, Lender may f�le, negot�a�e and se�tle any a�a�lable insurance clai�r�.and r��a�ed matters. �f Borr��ver does no�respond�r��hin 3�days�o a notice from Lender that the�nsurance carrier has offered�o settle a�laim, then Lender ma�negotia�e and sett�e�he c1a�m. The 3a-day per��d v�r�l� b�gin when the n��ic�is given. �n ei�her e�ents or if Lender acquir�s the Proper�y under Sec�ian 22 or atherwise, Barr�wer hereby assigns�o L.end�r�a} Borrower's r�gh�s to any�nsurance pro�eeds in an am�un� not to��ceed the amounts unpaid under�he N��e or�his Secur��y�ns�rument, and�b} ar��o�her of Borrawer's rights �other than the right to an� refund of unearned prem.�un1�paid b�Borrower}under a�i insuran�e poiicies ca��ring�he Property, ins�far as such righ�s are applicab�e�o the coWerage of�he Proper�y. Lender may use�he insurance proceeds either to repair or res�are�he Proper��or tn pa� amoun�s unpaid und�r the Nate or�his S�curi�� ns�rum.ent, whether or not then due. 6. Dccupancy. Barrower sha��occupy, estab�ish, and use�he Proper�y as Barrovver's principa� re�idence with�n d�days aft�r the exe�ution of�hi�Security Ins�rumen�and sha�i c�n��nue�o a�cup��he Proper�� as Borrower's pr�nczpal. residenc�for a��eas�ane year after the date af a�cupancy, unless Lender otherwise agrees in vvrit�ng, which�onsen�sha�� not b�unreaso�.ab�y w�thheid, �r un�ess ex�enuat�ng�ircumstances exist wh�ch are be��nd B�rrower's control. 7. Preser�ation, Maintenance and Protection of the Prvperty; Inspections. Borrovver sha��not destray, damage or impair�he Proper�y, ai�ow the Praper�y�o deter�ora�e or commz�waste an the Proper�y. '�Vhether ar not Borrower is residing in�he Proper��, Barrower sha�l mainta�n th�Property �n order to prevent the Proper�� from de�eriorat�ng or decreasing in�a�ue due tn its condition. Unless �t is d�termined pursuant to Sec�ion 5 that repa�r or rest�ration is n�t�conam�cal�y feas�b�e, Borr�wer sha�l pramptl� repa�r the Proper�y �f damaged to a�o�d further deteriora�ion or damage. if insurance or cond�mna�ion proceeds are paid in conn�ct�on with damag��o, or th�taking of, the Praperty, B�rr�wer sha�l be r�sponsib�e for repaxring or res�oring�he Prop�rty on�y if L�nder has reieased praceeds for such purpos�s. Lender may d�sburse prac�eds N�BRASKA-Single Family-�annie MaelFreddie Mac 11NIFDRM[NSTR�MENT �orm 30�8 ilD� VMP a VMPfifNE=t13��} Wolters Ktuwer Financiai Ser�ices Page 7 of 17