��15�����
<br /> A�1 insurance po�icies req�:�ired by Lender and rene,w��s af such pa�iCies sha�l l�e sul�jec�1:o Lender's righl:t�
<br /> c�isa�praVe such policxes, s�1a��ir��lude a s�andard�:nor�gage clause, and shal�natn�Len�e�as mox��gagee
<br /> anc�lor as a�adc�i���onal lass payee. Lende�shall have t��e right�a�lo�d���e�a�ic�es a�c�re�:e,t7va�c�r�ifica�es. �f
<br /> Len�.er requzres, Borrnv�er s�1a�1 pra�np�ly gi�e�a Lender a��recei��s of paid pre�nit�ms ar�d re�.�wal na�tces,
<br /> If Bor�ovver�b�a�r�s a�1y far�n of itlsura�ce coverage, r�o�o�1�et�wise requ��'ed by Ler�der, F�r damage�o, ar
<br /> �.es�r�uc�io�.o�', ���.e Propei��:y, such�o��cy sha1l include a stanc�ard�no��gage c�ause�.n�.sha11 naine Ler�c�er as
<br /> �nor�gagee andlor as a.n a�dit�ana��oss paye�,
<br /> Ir���Ze ever���f lass, Borrovve�r s��.a11 gxve pra�n�a�no�ice�o���e i�lsurar�ce carr�er�.�d Le��.er. Ler�c�er ma�
<br /> fna�ce proaf of loss ��no�rnade�ro�np�ly�y Barr�we�, LJ��ess Lendet• an�.Borro�t7ver o�hervvis�a;gree in
<br /> wr���ng, �zy�nsu�a.�lce proceeds, �t�vhether or�o�.�he ur�derlyin�in�urance uras required�y Le�der, s�z�.I11�e
<br /> app�ied�o restoratian or repazr of�1ze�'raper�y, �f�he res�ora�ion ar��epa�r zs ecanoinica�ly f�as�b�e�r�d
<br /> Lend.er'� �ecuri�y�s�.o�lessetzed. Dur�ng such repair.an�.res�ara�ion pe�rioc�, Le�der �ha�1 have tihe rigllt ta
<br /> lzol�.s�.c1a.ir�surar�ce prnceeds unti�1 Len�er has lzad a��apportu�u���o inspec�suc�1 Prope�ty�o ensure�he
<br /> wor�c h�s bee�co�np�e�e�.�o Lenc�er's satisfacl:zon, prov��.e�.�hat such i�s�ec�io�z sha1�be unc�e�ta��e�
<br /> �ro�np�ly. Lender may disburse pz•ocee�.s for�he repairs and res�.�ra�ior�in a si�lgle paymen�or��.a series af
<br /> progress paytnents�ts���e wor1�zs co�.np�eted, Un1e�s a�agreeznent i��nade iri W�i��ng or Appli�able Lavv
<br /> re�uires in�eres�ta b�p�.�c���suc�z z�.sura���e proceeds, Len�.e�r sha��nn�be�equire�.�o�ay Borrav�e��any
<br /> itzterest or ea�:tzings an su�h proceeds. F ees for�ub�ic adj us�e�rs, or o�h�r th�rd�ar��es, ���ained�y Borrov�e�
<br /> shall r���be pa�d ou�af t�i�ins�rance proceeds at�d s�ia�1 be�he so�e ob`tigatio�of I3or�owere �f�h�res�o�at�fln
<br /> or repair�.s�.o�econotnica.11y feasib��or L,ende�'s s��uritiy vvould be�esser�ec�, �he�ns�.�ranc��ro��eds shall be
<br /> app�i�d�o �he sums securec�by t���s Securi�y Ir�s�rurrier�ti, �vhe�her or na�then due, w��h�he e�cess, i�'a.�.y,
<br /> paic�to Bor�ovve�. Such ins�.�rance proceeds sha11 be a���ied�n t�1e o�der provie�ed for�n Sectior�2, °
<br /> If Bor�ower abando�as�he P�aperty, L�r�der�nay��e, �.egotiate a�c�seti�le a.ny ava��a�le fnsu�ance�laixn�.nd
<br /> rela�ed xna�ters, If Borrower d�es n�ti respo�ci.vsri�hin 3�days t❑a no��.ce fro�n Lender t�1at t�le�n5urance
<br /> carrier has offered ta set�le a c�a�m, �hen Lerider inay r�egntia�e a.n�.�e��1e�he c1�.�m. The 3�-day pe�i�d w��� �
<br /> �egin w�en i.he not�ee�s giveri, In eit�zer even�, or if Le�.der acquires�he Proper�y u�.c�.er Sec�iar��2 n�
<br /> otherwise, Borrower here�b�r�ssigns�a Le�der�a�Borrower's r�g�z�s�o any i�su�'an�e proceec�s i�an a�n�u.ri�
<br /> not�o exceec�the amoun�s un��.id�.��de�the Note ox�hz.s Secur��y Tr�s�ruil�en�, and��b� a��y o��a.er of
<br /> Borra�ver°s rights �o�1�ex�ha�.��ae�igh��o any reru�d�f�zne�.rne�.pre�niutns�a�d by I�a�rflvver}u�der�.1�
<br /> insuranc�pali��es c�Verzng��ze Pro�er�y, i�zsafa� as suc��righ�s a�e a�p�tca�I��o�:��e c�verage flf��le
<br /> P�oper�y. Le��der�x�ay use t1�e��zsuraza.ce p�oceeds e�i�her�o�e�p�.ir or res�ore�11e prape��y or to pay��nou�ts
<br /> un�aid�.�c�er��ze No�e n�th�s Secur��y I��.s�ru.inent, v�1�e�:�ez•o�x��t�hen c�ue.
<br /> �. C3��upanCy, Bor�o�er sh�.�l occupy, establish, and use�he P�•oper�y�s Bot�rowe�•'s�r��a.c�pa�resic�e�lce
<br /> Uv��h�n�� c�ays af�er�h�executior�nf��us Secur�ty Ins�ru�netz�a�d s��al1 co��xnue�a occupy the P��perty as
<br /> Bo�rov�e�'s pri�ci�al residence fo�a��eas�o�1e yea�af�er tl�e da�e❑f acG�.�p�zcy, uiz�ess Lender ot�lervtrfse
<br /> agrees in wri�i��g, v�l�ich c�nsen�s�a���lot be u��rea�onably vv�th�le�d, Q�'�.ri��SS BX�efllic��111g C1f C1�r115�a�.1GG5
<br /> exi��:v�r�1i��a�e beyond Borxower's c�n�ra�,
<br /> 7 a �reser►rati�n, M air��en�nc� and Prote��Non of �he Praperty; I�nsp�ctr�n�. Borrovt�e�s�1a11�zo�d�s�roy,
<br /> daYnage o�°ii�.��.ir t��e P�operty, allow�:he 1'ro�er�y�o de�er�orate or Coil�r�i�was��o��x�I�e Praper�y. �.ie��ie�
<br /> �r�.a�Borrower�s�es��.i�zg in the P�o��r�y, Bo�rovve�r.s��.a�l�na����aiiz tih�P��p�r�r in�rde��o p��even��he
<br /> I'raper�y fi otn de�e�"f a�'�.�f�l��1�dect'ec�5111g�.�1,V�.�lU�C�.U.G��1�S C�11C�.I�;I4I1. U��1ess ���s �.e�erinir�ed�u�s��.n��o
<br /> Sec�ian 5 �h�.�repair at��es�:a�ation�s�a� econaxr�.ically feasible, B�rravver s�za��pro�np�ly repair�1ze Pra�erty
<br /> if c�a�naged�a av�id furti�ie� c�e�e��iora��o�l or da�nage, IF insurance or con�.e�nna�ior���oceeds are�ai��n
<br /> co�vt�.�ci.�an vvi�h�.�.�nage�o, a��1�e�a1{i�g of, �h�P��ape�•tiy, Borrowe�•s�z�.�1�e res�ons�ble for re�a.iring or
<br /> res�oririg the Praper�y only if Le�der h���el�ased p�oceeds for su�1�purpas�s. Le�t�et•���ay c�is��.��•se�roc�ec�s
<br /> �4047�22
<br /> N�BRASKA-Single�am ily-�annie M ael�r�ddie M ac IJNIFORM INSTRLIM�NT Fvrm 302��!4�
<br /> VlN P� 11M p6�NE���302}
<br /> Wolfers Kl�w er Financial 5ervices Page 7 af�7'
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