��15��349
<br /> Al� ix�.sura�.c�pol�c�e�rec�uired�y L��zc�er a��d t�enewa�s�f suc�z palicies s1�aI1 be s�bj ec��:�Lenc���'s�igh��a
<br /> d�sa�prove�uch polic�es, sha11 i�elude�,s�a��dar�.�nor��age clause, a.nd s�ia�1 n�.zne Le�a.c�e�•as�nor�gagee
<br /> a�zdlo�°as ar�addi�ionalloss payee. ��n�.e�sha�I lia�e��ie rigf��tn 1�o�d t�i�pol�cies �nd��newa� ce��i£�cates. �f
<br /> Le�c�er�equires, Borrav��r s�lal�pro�np�ly g�ve�a�ender al�recei��s of pai�.pre�ni�u�ns ar�d ren�wa��.o���es.
<br /> �f B��rov�er o�tai�s�.�Zy forin�f�ns�.ra�ce cove�age, ��ti othe��v�se requ.ire�.by Lendet•, f�r da�n�.ge�a, or
<br /> c�estructia�l of, �he�'t o�erty� st�ch p��icy sha.1�inc�ude a s�ar�d�.r�.�nor��age c�aus�and s�al�na�ne Letic�e�a�
<br /> �nartgagee a�dlar as �.za.ac�dx�ianal �oss payee.
<br /> In the eve�l�;�f 1oss, Bart•ower s�a.all give pi�o�np1:11�tice to ti�ie z�asu�ance Carrier at���ende��, Lender���a�
<br /> �na��e p�oaf of�oss �.�no��nade p���n�t1y�by I�orr�vver. U1z1�ss Le�deii a�d Borro,t�ve�o�1�et•wi�e agr�e��.
<br /> v��r�����g, a�.y izast��ance pro��eds, v�r�le�her o��.o�1;�ze utlderly��7g�nsu�r�nce was requ�t•e�.�y Lender, sha�l l�e
<br /> app�i.ed�o res�ora�ion�t:�iepair of�he Prap�rty, if��le res�ora��o��a�t��aai��s eca�o�n�cally fe�sible anc�
<br /> Ler�der's securi�y is nat les�e�.e�.. During suc�l repair a�.d res�ora�lotl perit�d, Lender�1�a11 have f:he�igh��o
<br /> hol�.�uc�z insura�lce proceeds un��1 Lenc�e��as had ar��ppor��x�ity�:a i�s��c�suc�z Prope��y to ensure�he
<br /> war��has�een colz�plete��o Lender's satisl�.c�ion, p�rov�ded�h�:�suc��i�spec��on s�zall be underta.l�en
<br /> pro�np�ly. Le�zc�er may�rs�L�rse praceeds far�1�e re��.irs an�.res�oratia�l in a sing�e payine�zf�ar in a ser�es of
<br /> progress pay���en�.s as�he wor�c is catn�l�t�d, Unless an agreeme��is inade��.vvri�ing o1:Ap�licab�e Lavtr
<br /> �equrres i��;eties��01ae pai�.on su�h insurance�r�ceed�, Ler�c�er sha1��zo�be re�ui��d.ta�ay Bo�rower�ny
<br /> z��e�est or ea�rni�zgs ofz su�ll proceec�s. Fees for pul�I�c adjus�e�s, �r❑�1�er���ird partzes, re�ai�xed by Bo�r�vver
<br /> ���a�l�zo�he paid ou�of�he�nsura�.ce proceeds and shal��be��ze sole nbligat�on af Ba�r��rer. IF t��e��s�oratiar�
<br /> or rep�ir�s no�econo�nica��y feasi��e or Lender's securi��r woL�ld�e lessened, �he�nsu�ance proceeds s�1a���e
<br /> ap��x��.����.e su�xas �ect�red by this Sec�r�ty�n���u�tnen�, Whe�her or not t�1en due; vvi�h.�lz�excess, if any,
<br /> pai�.�o Bflrrower, Such insura.nce proceec�s shal�be a�plied in��le ord�r�r�vic�ed far�n Se��ran�o.
<br /> I:f Ba�-��vver abandons t�e Proper�y, Len�:er�nay��e, negoti�.te and se���e ar�y�.va��ab�e�.ra�t�rance clail�n anc�
<br /> r�latec�inatte�s. If lior�ower do�s x�a���es�a�z�.v�rx��a.in 3� da�s�a�tzatice fra�x��.e1lde�r�ha���ie insu��.t�Ge
<br /> c��xier has offered�o set�le a��a��n, �l�en�.�e�.der�nay nega�ia��ar�d�e���e t11e c1a�n. The 3��c�ay p�ri��.v�ill
<br /> �beg��.when��.e�lo�ice�s given. In ei�her even�, o�� i�Let�der a�quires the Pr�pe�i:y u.�der Sec��on Z2 0�
<br /> a�herw�se, L�xrowe�r here�y assxg�zs�a Lende����.}Bo��•owex's rig�lts to a.r�y insurance pr�ceec�s in an a�naun�:
<br /> t�ot to exceed�1�e a�noutlts t�r�p�.id�xn�er t�1e Na�e at t17is Securi�y���s�ru�nent, ar�d��b} ��.y a��zer�f
<br /> Boz•rnw��''s�ights ��t�1er�:1zan�:�e rrg��t�:o ar�y reri���d ar u�earned�re�zuu�ns paic�by I�or�a�wer}ur��.er a11
<br /> �nsura�a.�e po��cies covet�i�g�he P�o�er�y, insafar as such righ�s are a�p��cab�e�o�he cove�age of�he
<br /> Praper�y. Lender�nay use�he�xzst�rance proceeds either�o repair or restare�he Property or�o pay.a�nour�ts
<br /> ut1��.id uzz�.e��h�No�e ar�his Se�ur�ty In�t�u�nen�, v�l�e�he�r o�r�o��hex�due.
<br /> �. ���upancy. I3or�rower s���.1�oc�t�pY, es�a�l�sh, and use�he Pr�pei��y as�3��r�wer's prxt�c�pa��eside�.ce
<br /> �v�th��.6� d�:ys �.f�er��ae execut�o�1 of this Secur��y Ins�r��nen�a.n�sha1� con�i�ue 1:0�ccu�y the Prope�ty as
<br /> Lo�x o�tnrer's pr�n��p�.�resi�.ence for at 1eas�one year after��Ze date or occupai�cy, u�less Ler�der o��lerv�ise
<br /> agrees in wr���ng, vvh�c�l consei��sha1�no�be u�re�sonably witl�.�e�d, or ur�ess extenuati�g c��cu�nst�nces
<br /> exis�v��iich a�re l�eyo�.�.Bo���owe��'s co�a.t��ol.
<br /> 7. Preser�a���n, M ain�en�r��� ar�d �'ro�ect�on af �h� Prop�r�y; I nspe�t�on�. I3arrov�er s�aa����.ot des�roy,
<br /> c��in�.ge or i�npa�r��Ze P�ope�ity, a�lfl�t�1e Prope�•ty�:fl de�er�ar�.te or co��li��i�wa��e an�he Propei�y, �L1'he�Izer
<br /> ot•no1:Borravver xs re��d�ng izz�he P��flpe�i.y, Borrawe�`sha���l��.in�ain��z�Prnpurty ir�order f;�pr�ven��he
<br /> Pra�er�y frotn.c�e�e�iora���.g a� dec�easi�.g�a.z va11�e�.ue i.o i��coi�ditiia�l. Unless it is detertr�ined pu�rstX����a
<br /> Seci:ion S �ha��,e��.��ar r�s�o�a��on is rio�e�o��a�nica�l�r f�asi�le, I3o��•ow��°s1�.a11 protn�i:1��e�a�r th.�Property
<br /> if�.atn�.ge�.�a avo�c�fu�r�h�r c�e�e�•�o�a�ian or c���x��.g�� If ii�surax��e ar co�zdemr��.�iox�p�o��ec�� �.r�pa��.��z
<br /> c��znec��ar�vv���1 c�a�nage�a, or��le i:ak�r�g�l, 1:1z�Property, Borravvet slzall�e res�po�asib�e for repa�ring or
<br /> ��es�:or�t�g�he Propert�o�xly��f r.,er�de��has��leased�ra�e�ds for��uch�urposeso L�nc�er�n�.y�.�sbu.rs�procee�s
<br /> 2�4��778�
<br /> N�BRASKA-5ingle Famlly-Fannle M ael�'reddie M ac IJNI�'Df�M INSTRl1M ENT �orm 3428�Ja�
<br /> VM P Q VM�6�N�}�1302}
<br /> Walt�rs K�uw er Financlal 5ervl�es Pag�T of�7
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