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��14�7555 damage to,or destru�tian of,the Fropert�,such policy shall inC�ude a staa.ldard mortgage clause and shall name Lender as mortgagee andlor as an additional loss payee. In the e�ent af l�ss,Borrovver shall give prompt notice to the insurance carrier and Lender. Lender may make proof of�oss if not made pr�mptly by B�rrower.Unless Lender and Borrower otherwi�e a�re�in writing,any insurance proceeds,v�hether or nat the underlying insurance was required by Lender,sha11 be appli�d to restnration or repa�r of the Proper�y,if the restoration or repair is economically feasible a.nd Lender's security is not lessened. Durin�such repair and restaration period,Lender sha11 have the right to hold such insurance proceeds until Lender has had an apportunit�ta inspect su�h Property to ensure the work has been c�mpleted to Lender's satisfa�tion,pr�vided that such inspection sha11 be under�aken promptly.L�nder may disburse pro�eeds f�r the repa�rs and restoration in a single pa�ment or in a series �f progress payments as the work is c�mpleted.Unless an agreement is made in writing or Applicable Lavv requires interest to be paid on such insura.nce pr�ceeds,Lender shall not be required ta pay B�rrovver any interest or earnings an such pro�eeds. Fees for public adjusters,ar other third pa.rties,retained by Sorrovver sha11 not be paid�ut of the insurance pro�eeds and shall be the sole obligation of Borrav�rer. If the restoration�r repair i s not e�onomica�ly fe asible�r Lender's se curity would be Ie s sened,tl�e insurance proceeds sha�l be applxed to the sums se�ured l�y this Se�urity Instrument,whether or not then due,v�ith the�xcess,if any,pa.�d to Borrower. 5u�h lnsurance prv�eeds sha11 be appl�ed�n the order pro�ided fnr�n Sectian�. If Borr�wer abandons the Proper�,Lender may file,neg�tiate and settle any available insuranc�claim and re�ated matters.If Borr�vver do�s n�t respond vvithin 3�days to a natice from Lender that the insurar�ce carrier has�ffered to settle a claim,then Lender may negotiate ar�d s�ttle the�laim.The 3�-day period v�ill b�gin when the notice is given.In either��ent,or if Lender acquires the Property under Section�� or otherwise,Borrovver hereby asslgns to Lender�a)Borrovver's r�ghts to any insurance proceeds in an amflunt not to exceed the am�unts unpaid under the Note ar this �ecurity Instrument,and�h}any other of B�rrower's rights(other than the right to any refund of unea,rned premium�pa.id by Barro�ver}under a11 insurance poli�ies c��ering the Property, insofax a�su�h rights axe applica�ie to the��verage of the Froperty.L�nder may use the insurance proceeds eitherta repair or restore the Property�r to pay amounts unpaid under the Note or�his Security Instrument,whether or not then due. �. �ccupancy.Borrov�rer shall occupy,�stablish,ar�d use the Pr�per�as Borrower's principa�residenc� vvithin��da�s after the execution of this Security Instrument and sha1l�ontinu�to oC�upy the Pr�perty as Borrov�rer's principal residence for at�east one�ear after the date�f�ccupancy,unless Lender�therwise agrees in writing,vvhich�onsent sha�l nat be unreasonably�ithheld,ar unless�xt�nuating circumstar»es e�ist vvhi�h are beyvnd Borrower's contr�l. 7. Preservati�n, Maintenance and Pro#ecti�n vf the Prop�rty; Insp�ctions. Borrower sha�l not destroy,daAmage or impair the Froperty,allow the Property to deteriora.te or Gommit waste on the Praperty.�hether or not Barrovver�s res�d�ng rn the Property,Borrower sha11 ma�ntain the Praperty in order to pre�ent the Property from detenorating or decreasing�n va�ue due to its condit��n. Un�ess it is determined pursuant to Section 5 that repa.�r�r restoration is not economically feasible,Borrawer sha11 pramptly repair the Property if damaged to avoid further deterioration or damage.If insurance or condemnati�n proceeds are paid in connection with damage to,or the taking vf,the Froperty,Borro�ver shal�be responsible for repairing or restoring the Property only if Lender has released proceeds for such HC�G-�i59 NEgRASKA-S�ngle Family-Fann�e MaelFreddis Mac UNIFORM INSTRUIVIENT Form 3028'll01 VMP� 07114 Wolters Kluwer��nanc�al Services �014120141 Q 28i5-J2Q'140I29Y Page 7 of'#7 *422311�14219* f �� . - _ � ,