��15�1455
<br /> A�1 i�sur�:nce poZic�es�e�uir�d by Ler�c�er�,nd renewa�s of such�alicies sha11�e su�bj ect�a Lender's r�g1�.t to
<br /> disapprove suc�1 po�icies, sha1l�nc�ude a s�ar�dard�nar�gage clause, an�.s�za11�.a.�ne Ler�d�r as rno�{�gagee
<br /> �.nc�lor as �.r��.�.d���ona�lnss payee. Lender shalllzave t�e righ�to�Zo��.�1���o��cies and rene�rval ce�r�ificate�. �f
<br /> �enc�er req��r�s, ]3arrav�er�ha�1 pr�lnptly g�ve�a Le�der�.11 rece�p�s af pa��.pretniulns a.�d�enewa��Zatiices.
<br /> If Borrowet•o��ai�s a.��y Far�n o�insura.��ce coverage, �Zo�o�:herw�se requ��ed�y Le�d.er, for da�nage�o, or
<br /> c�es���uct�a�.of, �1ze Proper�y, suc��po��cy s1�a11 �nclude a�stanc�ard t�zar�gag�c�aL�se an�.sha�I�a�ne Leizde�r as
<br /> �nat��gagee andlo�i�s ar�a�clxt�a�a.al loss payee.
<br /> I�.��ie eve��of�oss,.Borro�wer sha1Z give p�o1np�x�o�:ice t�the�x�surar�ce c�.rrier anc�.Len�.er. Le�zder��a.ay
<br /> ma1�e p�ooF of�o�s if�zt�1;�na�.e pr�tl�pi:ly�by Lorrov�er, Un�ess Lende�a.r�d Borrower o�herwise�.gree in
<br /> wrz��zlg, an�r�nsuraz�ce�����eeds, whe��zer or�a.ot���e L��.d�rlying�nsu�a�ce was�equ�red�y�e�.�.e�, shall be
<br /> �.�p�i�d�to res�ora�io�.or repai�Qf�he P�ra�er�y� ���he res�:�ra��on or repa.��~is ecor�o�nic�.�ly feas�b�e�.nd
<br /> I.►ender's secur��y�s zao�less�n�d. During such repair anc�res�ora�ion per�od, Le�xder s11a1�have���e t�igli��to
<br /> �.1��C�SU.C�.1 I�1SU1•a�ce proceeds��.���Lenc�ur has�a.a.�.��z oppor�unil:y�o in�pec�suc�Pxa�er�y�� ensut�e��e ,
<br /> w�x���zas�een co�llp�e�e�.�o Lender's sa�isfac�i��., provided�1ia�such�nspec�io��s��a�11�e ur��.�rtalcen
<br /> promp�ly. Lender ma�dis���se�rocee�.s for�he�epairs an�.res�ar�.1;i��.r�a single paytne�z�or it1 a ser�es of
<br /> p�ro�r�ss p�.yir�ell�s as��le wot•1�is co�nplet��.. U�.�ess�.��.gt•ee�r�en1:zs�nac�e i�-�vvr��ing or Ap�rica�7e Law
<br /> �ec�uires in�e�•es��o�e pa�d o�z sti�c�i insura�.ce pro�eeds, Lend�r sha1�r�o�be r�c�uire��o pay Bnt•�a�w�r any
<br /> �n�eres�or�arn��lgs ��a.suc�1 p��ticeeds. Fees lar public adj�s�ers, �r o���er��ird par�ies, re�aine�by Barrower
<br /> 5ha�l not be�a�d out of t11��nsura�zce�raceeds and s�1a11�e�Il�sale o�blig�.tioz�of Borrawez•. Tf f;he�es�ora�ion
<br /> or re�air is��.o�eco�o�nica��y fe�sible ar Le�zder's secL�rx�y waul�.be Iesseil��, �he it�sura�ce�f��ceeds s�la�1 be
<br /> a��pZ�ed�o �he s�ir�s seeured by��1�s Secur���r��1s�t�u�ne��, �rizether o�x�ot 1:he�.�.ue, w���i��ze excess, if ar��,
<br /> �a��.�o Bo�rav�er, St�ch�nsu�ance procee�.s �11�I1 be a�p�ied in i;�xe arc�er provide�.for i�.Se�tion 2.
<br /> Il Bor��ower aba�dof���he�'�operty, Lenc�er xnay file, �ego���.���nd se��le any availa��e znsu�ra�ce��a��n anc�
<br /> ��e�a�ec�ma����s. If Borroweti d.oes�at�•es�o��.�.wi�hin 3��ays to a no��ce from Lex�de�•�ha��he i�sura.rice
<br /> c�.r�ier 11as offerec�to se�:i�1e a c�ai�n, �hen Lenc�er�zay nego�ia�e�.n�.se��1e the c�a�xn, Tlle 3���.ay pe�iod wi�I
<br /> �e�in whe�.�Ia.e izot�ce is given. Ir�eit�er eve�zt, ar il Len�.er acquires�he Prop�r�y un�er Sec�io�l 22 or
<br /> oth�rwis�, I3arravver��:er��by ass�gns �o Le��der �a}I3��rrov�er's righ�s�o �.�y xnsurance��rQcee�s i�.a�.atnou�7�
<br /> �o�to exc�e�.�he a�noun�.s un�a�d u�.�.e�tl�e No�e or�his Securi��r Instru�nent, ar�d�b� �.ny o��ler af
<br /> Borrovver's rzglz�s�athet����an�Ia�ri��t to �ny refuizd oF une��rne�.p�,��ni.u.zns pazd by Borr�wer}under a�l
<br /> insurance�o�icies cave�•�ng�he Proper�y, �nsotar as su�h r�glz�s a�e ap�licaUTe�o tha coverage of t�1e
<br /> Prope�•�y. Len�.er inay use���e i�aut•an�e p�aceeds eithe��o re�ai��r�es�:o�e�he P��opertiy o�r�a pay�.�nouri�s
<br /> u�p�.id un�.er�he Note����ais Secur•�ty Ins�r�.�lnent, vvhe��a.e�o��at��zen due.
<br /> . �. �ccupan�y. Bo�rowe�sh�.�� occL�py, �5��.��.15�.1, a�d use�he P�opert�as Borrov�re��'s��in�zpal�esic�er�ce
<br /> �il:hin d4 days af'�er t��exectx�ian al tih�s Sec`urity Ins�ru�ne��x�and sha1�con�i�lue�o occupy�1ie 1'r�per�y�s
<br /> Larro,wer's p��ncipal resid��zce for a1:1e�s�o�.e ye�.r�.f�:er the d�.�:e of o�ct�pancy, �ur�less Lenc�er�1:�le��v��se
<br /> agrees in�srri�ing, v�lliel�co�:set��sha11�10�1a�un�-easo���.U�y�rv��l�le1�., a�uf�less ex�er�uati�lg circu�nsl:azzces
<br /> ex�s�,tnr��icf�a.re beyo�d I3or1 ower's ca�z�:rol.
<br /> 7. Pr���rrra��on, i���n�en�nc� �nd Pro��c�ian of �he Prop�r�Y; In�pec���ns. Borro�ver s1��:���zo�des�r�y,
<br /> �da�-nage or��n�ait�lle P��o�er�y, a�1ow�he P�a����f:�tn c�e�er�o�•a�e or co�rv.ni�vvasi.e ox�:���e Proper�y. �he�11e�
<br /> or za.a�Barravvet•z�res�d��a.g i�z�lle Proper�y, Barrawer s�1a��maintain�he Pro�e�ty i�of der��prever�l;�he
<br /> Propert�y f�ain de�.erxorat��.g or d�creasing i��va�ue d�e tifl��s cot�di��o�:. Ll�z�es���is �.e�urin�ne�.purs�xa�l��;o
<br /> Sec��o�a.5 ���at repa�r or res�ora�ion i�r�o�econo�nically fe�s�b�e, Bos�o�e���Za11 pro�za.p�ly repair tl��Prapei,�y
<br /> if da�nage�.to avoid furti�ler�.e�erioi�ai.i��o�c�a��na.ge, If���s�xr���ce or cQr��e�r�n��iar�proceeds �.re pa��.i�
<br /> ca�ulec�io��.�t7vi���dalna.ge to, or�Ize ta�fr�7g of, t�1e Property, Bo��ravve�sha11 t�e responsib�e fat°r�pa�����g ar
<br /> res�oritlg�1ze Pt o�erty a��y if Le�zde����as released proc�eds fo�su��z�ur�o�es. Len�e�°xnay�is�bu��e�a�oceeds
<br /> 24�Q795�4
<br /> N�BRASKA-5ingls.�amily-Fannie MaelFreddie�lac lJNIFORM �NSTf�UM�NT �arm 3428 �14�
<br /> 11M P p VM P6 N� 1342
<br /> Walt�rs Kluw er Financlal S�rvlc�s p�g�}�Qfi��
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