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��14�S�1S Al��surance polzc�.��required by L�nder and renewals of�uch polic�.es sha11 be subj ect�o Lender's right to disappra�re such policses, shall include a s�andard mortgage clause, aud s1�aII r�ame Lenc�er as max-�gagee ax�.dlor as an ac�d�t�onal.Ioss payee. Le�.der sha.l.�have�he right to ho�d th�polici.�s and rene�xral certifi�ates. If Lex�der requ�re�, �3orrov�er sha��pram�ptl�g�ve to Lender a��.recei.pts of paid prexniums and rene�ural not�ces. If Barrower obtai.n.s any form af�x�.�urance coverage, r��t otherwise requir�d by Lender, far damage�o, or destructxon of, ��.e Property, such pol�cy sha1�i.ne�ude a standard mor�gage clause and shall�.ame Lender as mortgagee andlor as an add:�.tiona�.�.oss payee� In�ie event af Iass, Borr�wer shall.give pr�mpt x�otice��the�.risura�.ce carr�.er and Lend.er. Lender may ma.ke proaf of Ioss if not mad�promptly by$orr�v�er. Unless L.ender and Borrower otherv�r�se agree in wr�t�ng, a�.y insuraxlce proceeds, whe�her or not�he un.deriyin,g ulsurance vvas requ�red by Lender, shall:be applied to re�toration ar repair of the Pr�per�y, zf the rest�ratzon ar repa�r xs ecano�nica�ly feas�b��and Lendert s secur�.ty i�not�ess�ned. During such repair and restoratzar�peri.od, Ler�der sha1�have�.he right to hald such�urance proceeds unt�Le�.�er ha.�had ax�:opp�r�ur�ity�o�n�pect such ProperCy�o ensure the work has bee�.comp�.eted to Lender's �atrsfaction, prov�ded t�at such irLspec��.on sha�I be unc�ertaken prompt�:y. Lender may disburse pr�ceeds for th�repairs and res�aratzon in a sin.g�.�payment or in a��r�es af progress payments as the work�s campleted. Unless an agreement is m�a:de zn v�riting or Applicab�e Law requires ir�terest to be paid on such i�xsurance proce�ds, Lender sha].I not be requ.�red t�pay Barrower any �nterest ar earxungs on.such proceedas_ .Fees for pub�ic ad�usters, �r other�hird par�ties, retained by Borro�er shall�tot be pai:d out�f�he i.nsurance proceeds and sha11.be�he sole�bli�at�.on of Borrower. If the res�orat��m �r repair zs not econor�uca��y feas�b�e or Lender's security wou�d be�.essened, �he xn�urance proceeds s�ia��be appi�ed to�he sums secured�by this Security Instrunaent, v�rhe�her or not�hen due, w�th t�ie excess, if ariy, pa�d to Borrower. Such�nsurax�ce praceeds sha11.be�.pp�ied in.�he order pravzded far�n Sect�on�. If B�rrQwer abax�.dons�he Proper�y, Lender may�Z�e, nego�xa�e and sett�e ax�y a�raxlab�e i.:nsurance c�a�rm.ax�d re�.ated ma�er�. If Borro�rer does not respnnd v�rz�ain 3�days�a a not�ce from L�nder�h.a��i��nsura�xc� carr�er ha,�affered to settie a cl.a�im, then L�nder may nego�ia.�e and se�t�e�ie c�ai-�. �I`he 3 Q-da�r per�od wi11 beg-i.xa.When the notice is given. In e�ther e�rent, or�f Lender acquires�he Pro�e�y�der Section�� or otherw�.se, Borrovver hereby ass�gns to Lender�a��3orrov�er's r�.ghts to ar�:y insurance proceeds in an amount nat to exceed�he amoun�s ur�.pa�d under t.�ie Note ar�his Security Ins�r-ument, a.�d�b} any��lier of Borrower's x ights��ther than the right to an.y refurxd af uneax�a.ed premi.u�ns pai.d by Borrower}under a1I. insurance policies covering t:}ie Proper�y, in.sofar as such rights are applicab�e�o�e coverage of the Prapex-ty. Lender may use the insurance pro�eeds ei�.er to�epa.i.r or r�store the Property or to pa�amounts unpaid urnder�he Na�e or this Security Ins�rument, ��vhether�r not�hen due. 6. D��upancy. Borroyv�r sha�.�.occupy, estabizsh, ar�.d use�he Property as Borrow�r's pr��ci�a1 residenc� wit�in 64 days a.fter th.e e�ecution of�s Security In�trument and sha��ontinue to�ccupy the Prop�r�y as Barrower's prYncxpa�residence for at�eas�one year a.fter�h�dat�of occupa.r�cy, unless Lender otl�erwise agrees�n writixa�g, wh�ch consent sha�.�:not be un-�easonab�y withheld, or unless extenua�.�g circumstan�es exist which are be�-ar�d Borro�rer's con�ro�_ �. ��servat�on, �a��tenance and Prat�ct�o� of�he Prop�r�y; [r�sp�c�ions. Barrower sha11 not des�roy, damage Qr xmpair the Property, allo-w the Property to deteriorate or co�.t vvaste on the Property. �Vhether ar not Borro�ver is r�s�d�ng in.th:�]Property, Barrotiver sha�1 mair�taxn the l�roper�y ir�order to pr�ven��he Proper�y from de�eriora:ting ar decreas�ng in value due to�.ts condition. Ur�Iess zt�.�determined pursuant�o S�ct�.on 5 that repair or restaratiQn zs not econamical�y feasxbie, Borrower sha1�pramp�ly repa�r�ie Propex-�y �.f damaged�a avo�d further de�erxorat�on or daxrxage. If ini.surance or c�ndemnatzon�r�ceeds are paxd in connection�vi.th da�mage�o, Qr the taking of, the Proper�y, $orrower shall be responsi�i�.e for repai.ri.x�g or restoring�he Proper�y o�ly if Lender has�-eleased��ac�eds for suc�purpases. L.ender may disburse proceeds 24��7557 NEBRASKA-Sing�e Family-Far�r�ie M aelFreddie M ac L]1VIF4RM 1N5TRUM ENT F�rm 3�28'[�0� VM P p VM PE�NE}{1342} 1Nalters Kluw er Financial 5ervi�es Pag�T of'[7