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��15�� A�� nsurance po�icies requ�red by Lender and renewals of such p��cxes sha��be subje��t� Lender's r�ght�� disapprove such poii�ies, sha11 in��ude a standard martgage clause, and sha��name L.�nder as mor�gagee andlor as an add��onal �oss payee. Lender sha��ha��he right t�hn�d the po�icies and renewal cer�i�ca�es. �f L.�nder requires, Borrawer shall promp��y giv��o Lend�r ail rece�p�s of paid prem�ums and rene�ral natices. �f B�rrower obtains any form of�nsurance cav�rage, no�otherwise required by L.ender, for damage��, or destruc��on of, �he Property, such po�icy sha11 include a s�andard m�r�gage c�ause and sha�l name Lender as mor�gagee andl�r as an addit�ona� loss payee. �n�he even��f�oss, Bflrrower sha�� g��e prompt not�ce�o�h�insurance carrier and Len�er. Lend�r ma� n�.ake�raaf of�os�if not made promptly by Borrower. Un�ess Lender and Borrower fl�herw�se agree in v�rit�ng, any insurance proceeds, v�he�her or not�he underlying insurance was required by Lender, sha1�be app�ied t�restora��on or repair of the Prap�r��, if�he restora�x�n or re�a�r�s�conomiCa�Iy feasxb�e and I.�;nder's securi�y is no�Iessened. During such repair ar�d res�oration p�riod, Lender s�a��have�he righ��o hold such insurance proceeds un�i� Lender has had an oppor�uni�y to �nspe��such Proper�y�o ensure the work has been completed to Lender's�a��sfac��on, pro��d�d tha�such inspec�ion shaii b�under�aken prompt�y. Lender may disburs�proceeds for the repairs and res�ora�ion�n a single pa�men�or in a series of progress paym.en�s as the v�ark is completed. Un�ess an agreement is made�n writing or Applicab�e Law requires in�erest ta be pa�d on such insurance proceeds, Lender shal�not be requ�re�.�o pay Borrower any int�rest or earnings on su�h proce�ds. �`e�s for publ�c ad�us�ers, vr other th�rd par��es, retained by Borrovver sha��not b�paid�ut of the insurance prQce�ds and s�ia��be the soi�obl�ga�ion of Borrower. �f the restoration or repair is no�econom�ca��fea�ible or Lend�r's securi��r v�rauld be�essened, �he insurance proceeds sha�1 be appl�ed��a th�sums se�ured by�his Securi�y Ins�rumen�, whether or nat�hen due, with th.e excess, if any, paid t�Borrovver. Such insurance proceeds shail be app�ie� in the arder pro�ided for in Sec�ion 2. �f Borrower abandons the Proper��, Lender may fi�e, negot�a��and se�t�e any available insurance c�a�m and related mat�ers. If Borraurer does n��r�spand w�th�n 34 days�o a n��i�e from Lender�ha�the�nsuranc� carrier has offered to settl�a c�aim, �hen L�nder ma�r negotia�e and se��e the c�aim. The 30-day period wiii �eg�n�vh�n�he not�ce�s given. In e�ther even�, or�f Lender acquires��e Prop�r�y under Sec�xor�2Z or ofilaearv�ise, Borr��ver hereby assigns t� L�ender�a} B�rrower's rights to any �nsurance praceeds �n an amount n�t��exceed the amoun�s unpa�d und�r the Note or this S�cur�ty�ns�rumen�, and �b} any o�her of Borrower's rxgh�s �nther than�he righ�to any refund of unearned premiums�a�d by Borrower}under a11 insurance pol�cies�o�ering th�Proper�y, �nsnfar as such rights are app��cab�e to�he c�verag�of t�e Praper�y. I�ender may us�the insurance praceeds either�a repa�r or res��r��he Pr�per�y or�o pay amoun�s unpaid under the No�e or�his Se�urxty Ins�rument, whe�h�r or not then due. �. C]ccupan�y. Barrower sha�l oc�upy, �s�ab�ish, and use�he Pr�pe�-��r as Barrawer's princ�pa� residence within 6�days after the exe�ut�on of�his Securit� Instrument a.nd shall c�nt�nue�a aG�upy��.e Prop�r�y as Borrower's principal residen�e for at I�as�one�rear af�er the date of occupar�cy, unless Ilender otherw�se agrees in wr��ing y vvhich consent sha11 not be unreasanably w��hhe�d, �r un�ess e�tenua�ing circumstanc�s exist which are beyond Borrawer's con�r��. 7. Preser�atian, Maintenance and Protection af the Prvperty; inspe�ti�ns. Borrower shall nv�d�stro�, dam�age or�mpa�r��.e Pr�per�y, al�o��he Prnper�y�o deteriora�e or com.mit�aste�n the Pr�per�y. `]LThether ar nat Borrow�r�s res�d�ng in the Froperty, Sorrower shal�main�ain th�Prop�rty in order t�prev�nt the Prop�rty from d��er�ora�ing�r decreas�ng in�a�ue due to i�s cand��ian. Un�ess it is de�ernuned pursuan��o Sect�on S �hat r�pair or r�s�ora�ifln�s n��economica��y feasib�e, B�rro��r sha.��promp�I�r repair the Froper�y if�.amaged ta a�oid fur�h�r de�eriora�ian or damage. �f�nsurance ar cond�mna��on proceeds are paid in ��nn�c��an w��h damage��, or the�aking of, �he Property, Borrower shal�be respons�bl�far repairing or r�storxng�he Pr�perty only if Lender has released proc�eds for such purpflses. Lend�r may disburse pr�ceeds NEBRASKA-Single Fami[y-�annie MaelFreddie Mac t1Nl�aRM INSTRUM�NT ��rm 3Q28 71�'� VMP� VMP6�NE}t'[3�2y Wol�ers Kluwer Financiaf Ser�ices Pag�7 vf'[7