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��15�13�5 <br /> A�� insurance p�l�cies required�� Lender and renev�►�a�s of such policies shall be sub�ec��o Lender's right to <br /> disappro�e such pol�c�es, sha�l in�lude a standard mor�gage c�aus�, and sha�� name Lender as mor�gagee <br /> andlor as an addi��onal ��ss payee. Lender sha11 ha���he righ��o hold�he policies and renewal cer�if�ca�es. �f <br /> Lender requ�res, Borrower shal�promp�l�gi��to Lender a�I receipts of paid premiums and renev�al notices. <br /> If Borrav�er obtains any form of insurance coverage, no�a�herw�se required b� Lenders f�r damage ta, or <br /> destructian of, �he Pr�per�y, such po��cy shal� inc�ude a s�andard mortgage claus�and shall na�me Lender as <br /> mor�gagee andlor as an addi�ional �ass pa�ee. <br /> �n the event flf�os�, Barrawer sha�� gi�e promp�noti�e to the�nsurance carr�er and Lender. Lender ma� <br /> make proof�f�ass if no�made promp�l�by Barr�wer. Un�ess Lender and Borrower o�herw�se agre�in <br /> v�r�ting, any insurance pro�eeds, v�rhether�r na��he underlying�nsurance vvas requ�red by Lender, sha�l�e <br /> appl�ed ta res�ora��on or repair of�he Property, �f�ae restoratian or repaar�s economiGall�f�asib�e and <br /> L,ender's security�s no��essened. During suc�re�air and restorat�on period, I...�nder sha��hav��he right to <br /> �ald such insurance proce�ds until Lender has had ax�flpportuni���o xnspec�such Proper�y��ensure th� <br /> wark has been completed�o Lender's satisfac�ion, provided tha�such inspection sha��be und�r�al�en <br /> prampti�. Lender n�ay di�burse proceeds for the repairs and res��rat�on�n a�ingle�aymen�or in a series af <br /> progress pa�ments as the w�r�is comp�eted. Unless ar�agreemen�is made in v�rriting or Applicable Lav�r <br /> requires in�erest to be pa�d on such insurance proceedss Lender shall not be required to pa�Borrov�er any <br /> int�rest or earnings on such proceeds. Fees for publ�� a�justers, or�ther third par�ies, reta�ned by Borrower <br /> shall no�be pa�d aut of the�nsuranc�proceeds and shal� �e the sole ob�igation af Borrawer. If�he r�s�aration <br /> �r r�pa�r is no�economically feasible�r Lender's securi�� wou�d be l�s�e�ned, the insurance praceeds sha11 be <br /> ap�l��d to the sums secured b�this Se�urity Instrument, whe�her or nnt then du�, v�r��h the excess, if any, <br /> paid t� B�rrawer. Such insurance proceeds �ha11 be app�ied in the order provided for zn 5ect�on�. <br /> �f Borrov�rer abandons the Proper��, Lender ma� f�le, negot�ate and sett�e any a�ailable insuran�e c�aim and <br /> re�at�d matt�rs. �f B�rrower does not respond wit�.in 3�da�s ta a notice from.Lender�hat the insurance <br /> carrier has off�red�a set���a Cla�m, then Lender ma�nego��ate and s��t1e the cia�rn. The 34-day period wii� <br /> begin when the notice is given. �n��Yher e�en�, or if Lender acquire�the Propert�und�r Sec�ian 2�or <br /> o�herwise, Borrower hereby ass�gns to Lender ta} B�rrov�rer's ri�h�s�a an� insurance praceeds �n an amount <br /> no�to exceed�he amoun�s unpaid und�r�he Note or th�s Securi�y�nstrumen�, and�b} any other of <br /> Borrawer's righ�s �other than the r�ght to any refund of unearned prem�ums paid by Barrawer�under al� <br /> insurance policies cover�ng the Proper�y, insofar as such rig�ts are app�icable�o the co�rerage af the <br /> Property. L.ender may us�the insurance proceeds e�ther�� repair or restore the Proper�y or to pa�r amounts <br /> unpaid under the Note�r this Securi�y �nstrument, vwhether or not t�en due. <br /> �, Occupan�y. Borrower sha�l�ccupy, �stabi�sh, and use the Propert� as Barrower's princxpal residence <br /> with�n 6D days after the execu�ion of th�s Secur�t� ins�rum�nt and sha�� con�inue�o occupy��e Propert� as <br /> B�rro�er's pr�ncipal residence for a�Ieas�one��ar after�he da�e of o�cupancy, un�ess L�nder otherv�r�se <br /> agrees �n writ�ng, which cansent shali not be unreasanab�y vvithheid, �r unl�ss ex�enua�ing circumstanc�s <br /> ex�s�whi�h are be�ond garrower's control. <br /> 7. Preser�ation, Maintenance and Prot�ct�vn of the Praperty; lnspectiflns. Borrov�er sha�l nfl�des�roy, <br /> damage�r�rr�pair�he Property, aliow�he�'raper�y�.�deteri�ra�e or commit waste on the Proper�y. V�hether <br /> or not Barrow�r is r�s�ding in the Proper�y, Borravv�r sha��ma�ntain the Prop�r�y �n�rder��pre�en�the <br /> Proper�� from deteriarating or d�creas�ng in�a�ue due�o its�andit�on. Uniess it �s de�ermined pursuant�v <br /> Sect�on 5 that repair�r restoration is no�econom�call�feasib�e, Borrower sha��prompti� r�paxr the Proper�y <br /> if damaged to avo�d fur�.er deter�ora�inn ar damage. �f insurance or c�nden�.�aa�.�an proceeds are paid in <br /> �onnec�ion with dam.age to, or the�aking af, �he Proper�y, Bnrr�wer sha11 be respon�xb�e fvr repairing or <br /> restar�ng�he Property only if I.ender has released pr��eeds for su�h purpos�s. L.�:nder may d�sburse proceeds <br /> N�BRASKA-Sir�gle�amily-Fannie MaelFredd�e Mac UNIF�RM iNSTRUMENT �artr�342$11�1 <br /> VMP[� VMP6�N�3(13D2} <br /> Wvlters Kluwer�inancia!Ser�i�es Page 7 vf 17 <br />