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��15��953 A�1 �nsurance pol�cies requ�red�y L.�nder and renevvals of such po�icies sha�l be subjec�to Lender's righ�to disapprove such policies, shall �nclude a s�andard mar�gage clause, and sha�� name Lender as mortgag�e andlor as an additiona� �nss payee. L.ender shall ha�e the righ��o ho�d�he pol�c�es and renewa� certifica�es. �f Lender re�u�res, Borrov�er sha�� pr�mptl�giv�ta I.�nder ai� re��ipts af paid prem�ums and renewa� n�tices. If Borr�wer�bta�ns any form of insurance co��rage, not o�herwise r�qu�red by Lender, for damage��, or des�ruc�ion of, �he Proper��, such pa�i�y shall �nclude a s�andard mor�gage c�ause and sha��name Lender as mortgagee andlor as an addi�iona� �ass pa�ee. �n�he e�ent�f��ss, Bor�rower sha�l gi�e prompt not�c��o�he insurance carrier and I..�nder. I�nder may make proof of�oss if not made promp��y by Borraw�r. t1n.�.e�s Lender and Borro�er o�herw�se agree ir� writ�ng, any insurance proceeds, wh��her or no�the underly�ng �nsurance was required by Lender, shali�e appiied to restora�ion or repair of the Propert�, if the r�storat��n or repair is�canamically feasible and Lender's secur�ty is not�essened. Dur�ng such repa�r and res�oration period, Lender sha�X hav�the right to hald such insurance praceeds until Lender has had an opp�r�uni�y to �nspect su�h Prape�y�o ensur��he v�ork has been comp�eted to L�nder's satisfaction, provided�ha�such inspect�on shall be under�aken promptl�. Lender ma�r disburse proceeds for the repairs and restoration in a sing�e payment or in a series of progress payments as�he�vork is cample��d. Unless an agreement �s made in vvri�ing ar A.ppl��ab1�Law requir�s interest t�be paid on such�nsurance proc�eds, Lender shai�not be required to pa�Borrower any in�erest ar earnings�n such pro�eeds. F�es for pubiic adjusters, flr other third parties, retained�y Borr�vver shall nQt be paid ouC of the insurance pr�c�eds and sha11 b�the s��e�bligat�on�f B�rr�vwer. If the rest�rat��n or repair�s nat economi�a��y feas�bxe or Lender's security would be lessened, th��nsurance proc�:ds sha�l be applied to the sums secured by this Se�ur�t� Instrument, whe�her or not�hen due, wi�h��excess, if any, paid t�Borr�wer. Such insurance proc�eds sha11 be appli�d in the�rder pro�xded for in Sect��n 2. �f Borrower abandons�h.e Proper��, Lender ma�r ��, negotiate and set��e any a�ra��ab�e�nsurance cla�m and related mat�ers. �f Borrovver does n��respond within 3�days�o a not�ce from I.ender that�he in�urance carrier has offere��o settle a claim, then Ler�der ma� negot�a�e and se�t�e the claim, The 3�-day periad w�ii �egin when�he notice is g��n. �n either even�, �r if�..ender acquir�s the Propert�under S�c�xon�2 or othervv�se, Borrower hereb� ass�gns to I.ender�a} Bflrrower's rights�o any insurance pro�eeds in an amoun� nat to exceed the amaun�s unpaid under�he��te or this Securi�y �ns�rum�nt, and�b} any other af Borrower's rzghts �o�her�han�he r�ght to any refund of u�earned premuums paid by Barrov�er}under a�i insurance polzc�es co�r�ring �he Pro�ert�r, �nsofar as such rights are app�icab�e to the co�erage of the Proper�y. L�nder rnay use the insuranc�proceeds either to repa�r ar restor��he Property or�o pa�amounts unpaid under the I�ote or�his Security Instrument, whe�her or no��hen due. 6. C3ccupancy. Borrav�rer shall �ccupy, es�abl�sh, and use the Praper�y as Borrawer's prin�ipa�residence v�rithin 6D da�s af�er�he execut�on of th�s Securi�� Instrumen�and shall can��nu��o accupy the Proper�}�as Borrower's prinGipal residence for at leas�ane�ear af�er th�da�e of�c�upancy, unless Lender othe�-vvise agrees in writing, whiGh consent sha�l n��be unreasonabl� withheld, �r unless e�tenuat�ng circums�ances exist v�hich are beyand Borrower's�on�rfl�. 7. Preser��ation. �a�ntenance and Prvtection vf the Praperty; inspe�tions. B�rrower sha��no�destr��, da�mage or impair th�Proper�y, a�low�he Propert�to deteriora�e or�ommit�as�e on�he Property. Whether or n��Barrov�r�r�s residing in the Propert�, Borrower shall main�ain the Proper�� in�rder�o prevent�he Prnper�y from d��er�ora�ing�r decreasing in�alu�du�t� its condit�fln. Unless��s determin�d pursuan��o Secti�n 5 tha�repair or restora�ion is no�economucail� fea�ibie, Borrovver shal�promp�l� repair�h�Proper�y if damaged to avoid fur�her de��riorat�on or damage. �f�nsurance or�ondemnation proceeds are paid in connection w�th damage�o, or�he taking af, the Proper�y, Barrower sha��be respansible for repairing or restoring the Praper��only if Lender has reieased prQceeds for such purp�ses. Lender may d��burse proceeds N�BRASKA-5ingle�amify-Fannie Mael�reddie Mac UNff4RM INSTRUMENT Farrr�3Q28 11�� VMP Q VMP6�N�)t�302} W�Iters Kluwer�ir�anciaE Ser�i�es Page 7 vf�7