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��15��531 AlI �nsurance pa�i�i�s r�quired b� Lender and r�newa�s of su�h pol�c�es sha11 be sub�ec�t� Lender's rzgh�ta d�sap�rave such�olic�es, shall inc�ud�a standard�nortgag�clause, and sha11 nam.e Lend�r as mor�gag� ari.dlor as an addi�i�nal lass payee. Lender shall ha�e�he right to hald�he polici�s and r�nevva�cer�Xf�ca�es. If Lend�r requires, Borr��ver sha��prflmptly gi�e to Lender a�l receipts af paid prem�ums an�.ren�wal n�t�ces. �f Borrower obtains an� farm flf insurance coveragey no�a�herwise required by Lender, f�r damage to, or des�ruc��on of, �he Proper��, such policy sha�� include a s�andard mor�gage claus�and sha��name Lend�r as m�or�gagee andlor as an add��ona� �oss pay�e. �n�he�vent of 1os�, B�rrower shaii give prompt n��ice t��he insurance carr�er and Lender. Lender�r�.ay make proof of��ss if not mad�promp��y by Borr�wer. Un�ess Lend�r and Borr�vver o�hervvise agree ir� wr��ing, any insurance proceeds, wheth�r or n�t the under�y�ng insurance was r�quired by Lender, sha�l be applied�o restorati�n or repair of�he Praper�y, �f the res�ara�zon ar r�pa�r is econ�m�.ca��y feasible ar�d Lender's se:�urity is no�lessened. During suc�.repa�r and res��ra��on perio�., Lender shail have th�rig�t�o hold such�nsuranc�pro�e�ds unt�l Lend�r ha�had an apportuni�y�o inspec��uch Prop�r��to ensure the work has been c�mpie�ed�o L�nder's �atisfac�ion, prov�ded that such insp��on shall b�under�aken promp��. Lend�r may disburs�proceeds for�he repa�rs and res�ora��an�r�a�in��paynlen�or in a ser�es a� progress payments as the v�ork�s comp�eted. Un�ess an agre�ment�s mad�e��vvri�ing or Applicab�e L�a�r re�uires�nteresti ta b�pa�d an such insurance proc�eds, L�ender sha11 no��e�required to pay B�rrower an� �n�erest or earnings on such proceeds. Fees for pub�ic adjus�ers, a�r other��rd par�ies, r��ained by Borraw�r sha��no�be paid out of�he xnsuranc�praceeds and sha11�e�he sole ob��gatian of Borrower. �f the restorat�an or repair is not�con�m�ca��y feas�bie or Lender's secur�ty v�ould�e lessen�, the insuranc��roce�ds s�ia��be applied to the��ms s�cured by t�is Securi�y �nstrum�n�, whether or no�th�en.due, w�fih�he exc�ss, if any, paid to Borrower. Such insurance proceeds sha��be app�ied in�he order pr�vided far�n Se��ian�. �f Borrower abandons�he Praper�y, Lender may f�le, negot�a�e and set�le��y availab�e insurance c�a�m and re�ated matters. �f Borrower d�es no�respond withir�34 days�Q a no�ice fr�a�m Lender�hat�he�nsurance carrier has offered�o sett�e a��aim, �hen Lender ma�negotiate and settle the c�a�m. The 3�-day period wi�� beg�n when�he notice is gi��n. �n��ther ev�nt, or if L,ender acqu�res the P�oper�y under S�ct�on�2 or o�herv�ise, B�rrov�rer hereby assigns�o L.�nder�a}Borrawer's rights�o an��s�rance pro��ds�n an am�un� na��o exceed�he amoun�s unpa�d under fh.e Note or t�is Secur�ty�nstrum��y and ��} any other of Barrov�rer's r�ghts �o�her�han�he rxght to any refund of unearned prem�ur�s�axd�y Borrovver}under aI1 insurance polici�s covering�he Proper�y, insofar as such righ�s are appl�c��a�he�average of the Proper��. Llender may use the insurance�ro�eeds either to repair or restar��he Proper�y nr�o pay amoun�.s unpaid under�he Note ar th�s Security Yns�ru�en�, whether ar no�then due. 6. C]ccupancy. Barrower sha�� occupy, es�ablish, and use the Praperty as Borrower's principal res�dence �ri�hin 6fl days after th�execution of�h�s Secur�ty �nstrument and sha�� c��inu�to ocCup��he Praper�y as Barrower's principa�residence for a��east ane year af�er th�date of occupancy, un�ess Lender otherwis� agrees in wri�ing, which c�nsent shall not be unreasonab�y w��hhe�d, or u��ex�enuating c�rcums�n��s ex�st which are beyond Borr�wer's con�ro�. 7. Preser�ati�n, �aint�nance and Protectian of the Property; �nspec�i�s. Borrower shal�na�d�stroy, damage�r irn�a�r�.e Proper��, a�Iaw the Praper�y�o de�eriorate or camm��raste on the Proper�y. ��ther or no�Borrov�er is resid�ng�n�he PrQperty, B�rrower sha11 rna�ntain th�Praper�y �n order�a pre�rent�e Property from d��eriorating or de�reasing in value due�o�ts cond��i�n. Uniess it�s determined pursuan�to Sectian S that repa�r or res�orat�on is no�e�onamicai�y feas��ie, Borrawer shali promptly repa�r the Pr��r�y if damaged�o a�oid fur�her deterioration or damage. �f�nsurance or condemnati�n procee�s are paid in connection vw��h damage to, ar the tak�ng�f, th�Praper��, Borrower shaii be responsib�e for repairing flr restorin��he Proper�y on��r if Lender has r��ea��d proceeds for such purpases. Lender ma� d�sburse�roceeds NEgRASKA-Sing�e�arnily-Fan�fe Ma�IFr�ddi�Mac UNt�ORM 1NSTRUM�NT Fvrm 3�28�IOi VMP[�] VMPfi�N��13�� Walters Kl�wsr�inar�cial 5er�ices Pa9��Q�#�