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<br /> A��insu�a�ce policies�equ�re�:l�y Lendez�and renewals of suc11 pol�cies s��a�1 Ue su�j ecti��Lender's r�gh��a
<br /> dxsa�prave such�aolic�es, shall include a s��fzdar��11or�gage clause, a�d s�za�I na���e L�ilder�s inor�gagee
<br /> a��.dlor�s ��ac�di�ianal Ioss paye�. Le�.de�sha1�have�he rig�z��o ho�d�he pol�cies �.nd rer�ewal cer�ifica�es. Zf
<br /> Lender r�c�uires, Borro�ver s��al�pt�o�np��y give�o Lender a�l�ece�pts of paid ptietn�ums and rene�tnra�not�ces.
<br /> �f Barrawer nb�ains a�.y forin af�nsurat�ce�overage, no�a�herwise rec�u�red by Le��der, for c�ainage�o, ar
<br /> c�es�ruc��on of, t��e Px�operty, such palicy sh�:1� it�c��de a s�ai�darc��nor�gag�c�ause a.r�c�sha11 name Le��er as
<br /> Znor�gagee andlor as��.a�.di�iona� I�ss payee,
<br /> In��ze even�af 1oss, �orrov�er sl1a�� g�ve pro�np��.a�ice�o��a.e i��su�a.nce carrier ar�c�.Lender. Lenc�er�nay
<br /> �nalfe proof�f 1�ss if�at tna�e pro�np�ly�y Bo��owet•, U��Iess Ler�der and Bor�-ov�e��therwise agree���
<br /> wri��ng, �.ny��a.su�a.n�e p��oceeds, whetiher ar r�a�t�e��nderlyix�g inst�t atice�was rec�uirec�by Le��c�e�•., sha11 be
<br /> app�ied to res�ora�iatl ar�epair of�he Properl:y, if�he re�tora�ian or repair�s eco�lo��ic�.��y feas�ble a�z�.
<br /> Le�der's secu�i�:y�s i�o�lessened, Dui.�'ing suc�l repair�:nd�•es�ora�ion�er�od, Len�.et•s�all have���e righ�to
<br /> �zolc�su��.�r�sura.nce�roceec�s un�i�Le�der has had an o�por�ut�i�y to ��.spec�such P�raper�y��e���u�e�he
<br /> v�o�i��has been co�llp�e�ec�to L��.�.e�'s sa�isfac��atl, p�ov�c�ed t�la�suc�z it�spec�io�z s�za11 be unde�t�l�en
<br /> pra�np�ly. Letic�e��nay dis�urse praceeds for��ze i�epa���s a�d res�ora��on in�.s��zgle pay�x�e�.�o�in a ser�e�af
<br /> progress payrne�ts as��ie wor���� cainp�e�e�:. Ur���ss an agreei�nen�is made i�1 vtrrii.ir�g�r Applicable Lav�
<br /> �equ��res �n1:��es��o�e�aa�d an s�.�c11 insut•a��.ce p�oceeds, Lende�s�1a�1 na�be requ�rec�to pay Barrower a�y
<br /> �n�eres�at�ear�i�gs an st�����raceeds. Fees fat•puU��c�.d�j��ters, �r o��1er�1a�rd�ar�ies, retained by I3a�r�we�•
<br /> s11a��no��e�aaid ot��of�1�e���su����ce pr�ceeds an�sh�.1��e�he so�e obliga�ion�f Bor�a�t7ve�. If��ae re�i:orat�o�.
<br /> or re�a�r is�aa�ecana�nically fe�sxble or Le��c�er's �ect�ri�y wauld be lesse��ec�, ��ae�nsut�ance�roceeds s��a1�be
<br /> �.���xe��o tlle su�ns secu�•ed by����s Sec�xrity Instru.�net11;� whe�he��ot��o�.�h�zz due, v�i�h t�e excess, if a��y,
<br /> pa�d��B�r��ovve�. Suc�l i�su�a�.ce�roeeeds sha��be a����ec�i�.�he orc�e�pr���ded for ir�Se�tio�2.
<br /> If Barrowe��.ba�c�ot�s i:h�P�o�er�y, Lenc�er rnay fi�e, ne�;o�ia�e at�d se��le�r�y avail�.l�le insura�ce c1�.i�n and
<br /> relatec���nat�ers. If Lort ou�e�does��a�;respon�:wit�a��3�days to a�ot�ce fro�n Lenc�er 1:�a.t�he�1zsu.rance
<br /> carriet•has offered�o se��1e�.cXai�n, 1:her�Lender�nay negatia�e a�zc�se���e�1�e c�a�m. The 34�day}�eriod w��1
<br /> �eg�n w1�en�he r�o�ice is�;�ve�.. In ei�her�ven�, or if Le�de��acc�uires f:he Pro�e��y und�r Sectzon 2�or
<br /> otllervv�se, Borro���he�•evy assigt�s �a Len�.er �a}Borrov�er's�igh�s �o any ir�st�ra�ce��aoeeds�n�.z a.�r�oun�
<br /> no��o e�ceec�I:�le a�nouz�.�s�u�lpafd undez•��a.e No�e or f;l1�s Sectx�i�y Ins�ru�nen�, ���.�b} �ny o�her of
<br /> Borrowef�'s�•�g11�s �o���er��1�.�the righ��o any�efunc�of unearnec�pret�niu�ns pa�c�by Borrawer}unde�a1�
<br /> i�s�.�razlce�olicie� coverir-�g�l�e Pra�et�y, it��afar as s�.�c�z r�ghts are�.ppl�.c�b�e�o t��e coverage of t�a.e
<br /> Pro�aerty. Ler�c�e�i��n�.y use�he z�zsurance p�oceec�s e��Ize�to repair ar�es�ore�he Proper�y or to pay a�llaunt�
<br /> u�.paid.ur�der the No�e or�his Sec�t i1:y I�s�:r�:�ir�er��, w�1e��zer a�no�:tihen due.
<br /> G. ���upan�y. Bort�ovve��sha�1 accu�y, e�tab��s��, �.�d use�1�e P�operty as I3or�ower's p�incipa�xes�c�e�lce
<br /> wx���.�n�� c�ay� af�e���le execution of��iis Security Ir�s�ru�nen�:�nd sha�� c��1�ix�ue�a accL�py�ti�1e Property as
<br /> Bo�rower's�rinc�pal�•esidexzce for at least one year aftier t�.e d�.�e of occupancy, u��.�ess Lender o���erw�se
<br /> ag�ees��z v�riti�lg, �vvhich co�ser��sha1�nat be u�re�sonab�y�rit��llelc�, or un�ess ex�e��ua��ng circu�l�st��.ces
<br /> exis�w�zicl��tre beyond Ba�rower's c�i�tro�,
<br /> 7. �'re�er►�a�io�, �I ain�enance and Pro�ec�ian �f �he Prape�y; Inspec�i�n�� Bor��o�ver sh�ll t1o�des�ray,
<br /> t�a�nage or z�npa�r�he P��o�e1 ty, artow the Prope��y�a c���e�iorate or corn�ru�vv�s�e ax���ze P�aper�y. Whe�:�ler
<br /> or r�a�Borrawer is resic�i��g T�1��e Proper�y, I3or��ovver sha�l�nait�t�.ir1��e Pro�erty�n ot•c�e�ta preven���Ze
<br /> Pro��r�y f'ra�n detet•iat•�.f:i��g o�*e�ecreas�x�g��1 valit��ue tn��� cQn�.���0�1. LTziless i�is c�e�ert�uned�L�rst�a�a.t�o
<br /> Se��io��.5 �:�Za�re�aai�or resl:ora��oza xs zzo�eco�zo�nically feas�ble, B�rrower sh�ll pratnptly re�ait•t�1e Prape���r
<br /> if da���agec�to avoid fuf��ller de�e��a�a��on or c�a�lz�.ge. �F ins�rar�c�o��co�a.de�an.n�.�ion p�oeeeds a.�•e paid�n
<br /> co��x-�.ec�ia��wi�tl�c�a��lage�a, or�he�alci�zg�f, ��ze Prope�ty, Borrower sha��1�e��e�pan�ible fat•re��.i��i�g��
<br /> res�o�.�i��g�1ze P��a�e�•ty only if Lenc�e��as�e�e�sec���oceec�s ro��such purposes. Le�z�.er inay di�bu��se proceeds
<br /> 2�ao7��s
<br /> NEBRASKA-Single�amiiy-Fannle M a�lFreddie M a�UNIF�RM lNSTRUM�NT Farm 3028 �1��
<br /> VM P Q 1!M P6(N�}[���2}
<br /> Vllolter�Kluwer Flnanclal Servlc�s Page 7���7
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