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<br /> �orrow�r sha11 prampt�y give to Lender al�receipts of paid premiums and renewa�notices.If Borr�wer obtains any form
<br /> of insurance c�verage,not othervvise requ�r�d by Lender,for damage tv,or d�struction of,�he Proper�y,such pvlicy shal�
<br /> include a standard mortgage clause and shall name Lender as mortgagee andlor as an addit�onalloss payee.
<br /> In the event of loss,Borrovver sha11 gi��prompt notice to the insuran�e carrier and Lender.Lender may make proof
<br /> of loss if nat made prvmptly by Borrower. Llnless Lender and Borrower otherwise agree in writing, any insurance
<br /> pro�eeds,whether or not the underlying i.nsurance was required by Lender,sha�l be appli�d ta res�arat�on vr repair of the
<br /> Fraperty,�f th�restorat�on or repair is economically feasible and Lend�r's s�curi.ty is not lessened.During su�h repair and
<br /> restoration�eriod,Lender shal�ha�e�he right ta hold such insurance proceeds until Lender has had an opporh�n_ity to
<br /> inspec�such Praperty to ensure the work has been campleted to Lender's satisfaction,pro�ided that such inspectivn sha11
<br /> be undertaken prampt�y.Lender may disbwrse praceeds for�he repairs and restoration in a single payment or�n a ser�es of
<br /> progress payments as the work�s c�mpleted.Unless ar�agreement is made in writu�g or Applicabl�Law requires interest
<br /> to be paid on such insurance proceeds,L�nder sha�l not be required to pay Borrower any inter�st or earnings on such
<br /> pro�eeds.Fees f�r public adjus�ters,vr o�her third part�es,retained by Borrower sha�1 not be paid aut of the insurance
<br /> pr�ceeds and sha�I be the sole obligation of Borrower.If the res�oration or repair is not ec�n�mically feasible or Lender's
<br /> security would be lessened,�he insurance proceeds shall be applied to�he su�ns secur�d by�his�e�writy Instrrument,
<br /> whether or no��hen due,vvith the e�ce�s,if any,paid ta Barravver.Such insurance pr�ceeds shal�be applied in the order
<br /> pro�ided for in Section 2.
<br /> � If Borrower ahandvns the Property,Lender may file,negotia�e and settle any available inswranc��la�m and related
<br /> matters.If Borrawer do�s not respond withiu 3 U days to a notic�from Lender that th�insurance carr�er has off�red to
<br /> settle a claim,then Lend�r may negatiate and settle�he c�a�m.The 3 U-day period will begin when the n�tice is giv�n.In
<br /> ei�her e�ent, vr if Lender acqu�res �he Prop�rty urider 5ectian 22 or v�herwise, Borrow�r hereby aassigns to Lender
<br /> �a�Borrower's rights�o any insurance proceed.s in an amvunt not to exce�d th�amounts unpaid under�he Note or this
<br /> Security Instrrument,and�h}any other of Borrower's rig�ts[o�her�han the right tv any refund af unearned premiums paid
<br /> by Borrower}under a11 insurance policies co�ering the Property,i.ns�far as such r�ghts are app�icable to�he co�erage of .
<br /> the Property.Lender may use the insuran�e proceeds either tv repair or rest�re the Property or to pay amounts unpaid
<br /> under�he Note or this Securi�y Instrument,whether or n�t then due.
<br /> 5.�ccupancy.Borrower sha1�occupy,establish,and use the Property a�Borrower's prin�ipa�residence with�n 6U
<br /> days after the execut�an of this Security Instru.ment and shall continue to occupy the Property as Borrower's principal
<br /> residence for at�east one year after the date�f occupancy,unless Lender ot�aerwise agrees in writing,which consent sha�I
<br /> not be unreasonably w�thheld,or unless extenuating c�rcumstan�es exist which are beyond Borrower's con�rol.
<br /> 7.Pres�r��tion,Maintenance�nd Prot�ction af the Property;Inspections.Bnrrower shall n�t destroy,damage
<br /> or impair the Praperty,a11ow#�ie Property to d�terivra.te or commit waste on the Property.Whether or not Borrower is
<br /> residing in the Proper�y,Borrower sha11 maintain the Property in order to pre�ent the Property from deteriarating or
<br /> decreasing in�alue due�o its c�ndition.ilnless�t is determ�ned pursuant ta Section 5 that r�pair vr restoration is not
<br /> econamically feasible,Borrower sha11 promptly repair the Property if d.amaged to a�oid further deteriora.ti�n or damage.
<br /> �f insurance or condemnation proceeds are paid in connection wit�i damage to,ar the ta�ing af,the Property,B�rrovver
<br /> sha�l be responsil�le for repairing or r�storing�e Pr�per�y only if Lender has r�leased proceeds for such purposes.Lender
<br /> may disburse pr�ceeds for�he r�pairs and restoration�n a single paymen�or�n a ser�es af pr�gress payments as the work
<br /> is completed.If the i.nsurance ar condemnation proceeds are not suf�icient t�repa�r or restore the Prop�rty,B�rrower is
<br /> not relie��d of Borrower's obligat�on for the cvmpletian of such repair or r�storation.
<br /> Lender or its agent may make reasonable entries upon and inspections of tehe Froperty.If it has reasonable�aus�,
<br /> Lender may ir�spect the inter�or�f the impro�emen�s on�he Property.Lender shall gi�e B�rrawer notice at the�ime vf or
<br /> priar tv such an interior inspection specifying such reas�na�le cause.
<br /> 8.Borrower's Loan Application.B�rrower shall be in default if,dur�ng the Loan app�ication pro�ess,Borrower or
<br /> any persons or entities acting at the direction of Borrower ar with Borrower's lcriow�edg�or c�nsent ga�e materially
<br /> false, misleading, or inaccurate �nf�rmation or statements ta Lender [or failed to pro�ide Lend�r vv�th material ;
<br /> inforrnation} �n connection with �he L�an. Material representations �nclude, hut are not limited ta, r�presentations j
<br /> concerning Borrower's occupancy of the Praper�y as Borrovver's principal residenc�. �
<br /> ;
<br /> �
<br /> NEBRASKA-Sin�le Family-Fannie MaelFreddig Mac UNIF�RM iNSTRUIIAENT with IIAERS Form 30Z8 �I1D1 �
<br /> Page fi of 13
<br /> ios,E��. Barrower�s}In�#ials �� �
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