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��14�7157 Ali �nsurance pol�cies requ�r�d�y L�nder and renewais of such po��ci�s sha��be sub�ect ta Ler�der's righ��o disapprove such po�icies, sha11 in��ud�a standard mort�age�1au�e, and sha��name Lender as mor�gagee andlor as an addi�iona� lass payee. Le�der sha��ha�e the r�ght�o hold�he pa�icies and renev�ral cer�ifi�a�es. �f L.,�nd�r requ�res, Borrow�r s�zall pramp�ly give�fl L�nder a11 rece�pts of pa�d prem�ums and renewa� n�t�ces. �f Borrawer obtains any form af�nsurance coverage, not o�herwise required by Lender, far damage to, �r �es�ruc�ion of, th�Proper�y, �uch po�icy shall �nc�ude a standard mor�gage ciause ar�d sha11 name Lender as rnor�gagee andl�r as an additiona� l�ss payee. �n the event af�oss, B�rra��r sha��g�v�prompt notice�o�h�insurance carrier and Lender. L.ender may make praof of�o�s �f nat made pra�mp��y�y Borrower. Un.�ess Lender and Borrawer othervvise agree in writing, any�nsurance proceeds, �hether or no��he underlying insurance was r�quired by Lender, sha��be appi��d ta res�orat�on or repair�f the Proper�y, if�he restora�iQn ar repair�s e�onomicaliy feasib��and I.end�r's securi�.�is no��e�sened. During such repair and re�tora�i��periad, Lender shall have the right to ha�d such�nsurance praceeds unt�� Lender has had an oppor�unity�o�nspect such Proper�y�o ensure the work ha.�been cornpleted�.a Lender's sa��sfaction, prow�ded that such �nsp�ction sha�l be under�aken promptxy. Lender may disburs�pra�eeds for the repairs and res�ora�ion�n a sing�e paymen��r in a ser�es flf progress pa�ments as�he work is�omp�eted. Unless an agreement is made�n wri�ing or App�icable Law requ�res in�erest ta be pa�d an such insurance pr�ceeds, Lender sha��n�t be requ�red t�pay Borrower any interest or earnings on such proceeds. Fe�s for public adjus�ersy �r��her th�rd par��es, retained�y Barrower shall not�e pa�d out of the insurance pr��eeds and sha�l be�he sole ob��ga�ion of Borrawer. �f�he res�aration or repair is nat economi�a��y feasible ar Lender's securi�y would be�essened, �he insurance proc�eds shall be app��ed�a the sums secured by th�s Se�ur�ty �ns�rument, �vhether or n�t then due, with the ex�ess, if any, paid t�Bnrrower. Such insurance proceeds sha��be appli��i in the order pr��ded far in Sec�ion 2. �f Borrower aband�ns the Proper�y, I�nder may ��e, nego�ia�e and s�ttle any avai�able�nsuran�e cla�m and related matters. Yf Barrower daes no�respand wz�hin 34 da�s ta a notice from Lender tha��h��nsurance carrier has off�red��se��le a�laim, �hen Lender ma�r neg��iat�and se��e�he cla�m. T'he 34-day per�fl�.wzl� �eg�n when�he no�i�e is��en. In e�ther e�ent, or�f Lender acquir�s t�.e�'roper�y under Sec�ian�2 or ��herwise, Borro�er h�reby ass�gns ta Lender�a} Borrawer's rights to any in�urance proce�ds in an amoun� not to exceed the amoun�s unpaid under�he No�e or�his Securi�y Ins�rum�n�, and��} any o��.er of Borrav�rer'�r�ghts �other�han the right t� any refund of unearn.ed pr�miums paid by Borrawer}under all �nsura.nee�ol�cies cover�ng��.e Praper�y, insofar as such r�gh�s are app�icab�e to�h��o�rerage of the Proper�y. Lender may use the xnsurance proceeds��ther to repair or res�ore�he Property or�o pay am�unts unpaid under�he No�e or this Secur�ty �nstrumen�, whe�h�r ar no��hen due. �. Decupancy. Barrower sha��o�cupy, estab�ish, and use�he Praper�y as Borrower's princ�pa� re��d�nce with�n 6�days af�er�he e�.ecut��n of this Secur�ty �nstrument and shail can�xnue to occupy��ie Proper�y as Barrawer's principai residence for at xeas�one year after the date of oc�upanc�r, un�ess Lender athtrwise agre�s �n writing, wh�ch cansent sha��not be unreas�nably�vithheld, �r unless e�tenuating circumstan�es exist wh�ch are�ey�nd Borrower's contro�. 7. Preserr►at�on, I�I�aintenance and Pr�tection �f the Prvp�rty; �nspect�ons. Borrower shall not destroy, daxna�e or�mpair�he Proper�y, a��aul the Property t�deteriora�e ar commit vvaste on�he Proper�y. Wheth.er ar no�Borr�v�er is re��ding in�he Proper�y, B�rrower shall main�ain�he Proper�y in order to pre�vent�he Proper�y from deteriorating or decreasing in value�ue to i�s condition. Unl�ss ��s de�ermined pursuant�o Sec�ion 5 that repair�r restorati�n is no�ecnn�mically f�as�ble, Borr�wer sha�l prom.ptiy repa�r the Proper�y �f damaged�� ava�d further de�erioratian or�amag�. If�nsurance or candernr�ation proceeds are paid in connec�ion wi�h damage to, tir the�aking of, the Proper�y, Borr�wer shall be resp�nsib�e for repa�r�ng or res�oring the Proper�y on�y if L,ender has re�eased praceeds for suCh purpose�. Lerider ma�d�sbur�e proGeeds NEBRASKA-5ingle Family-Fannie Mael�reddie Mac L1NiFQRM 1NSTRUM�NT �arrn 3028�101 VMP Q�a VMPfi�N�f t�30Z� Wa(ters Kluwer Financia�Ser�ices P�9��Q��