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<br /> At1 insurance po�i�ies required�y Lender a.nc��er�e�als of suc�a.palic�es sh��1 l�e subj ec��o Lenc�er's righ��:a
<br /> disa��rove suc�z polic�es, shall i�lclud�a s�a��a��.�noz•�gage clause; anc�sha11 na.�la.e Lender as zno��gagee
<br /> andlor as ar�addi�io�la� loss payee, Ler�der sha�l ha�e�he r�ght to ha�d.�he po��c�es a�1c�renev�a� cer�ifica�es, If . .
<br /> Lender requir�s, Boxi�rower sha1��ro�np�ly giv��a Lex��.er-all rece�p�s of�a�d pre�n�uir�s a�ad�re�ewal no�zces,
<br /> If Bo�rawer ob�ains any far�n�f��.surar�ce coverage, r�ot atherwise requir�d by Ler�der, for datna�e to, or
<br /> des�ruct�on�f, ��1��'roperty; such p�licy��1a1�inc�uc�e a stiandard inortgage c�ause anc�s��.11 na�ne Lenc�er as
<br /> mar��;agee a�c�lor as an addi�io�.a�loss payee.
<br /> Ir�t��e even�of loss, Ba�•x•ovwe�s11aII�ive pro�np��Za��ce�:o��ze i�suraz�ce�a.rrier and Lender, Le�.der�nay
<br /> �x�a1�e proaf of��ss �f not tnade pro�np�ly�by Bo�t•ovver. Ur�less Le7zc�er an�Borrov�ret oth�rwise agree in �
<br /> �tx�ri��ng, a�y�r�s�rance�r�c�e�.s, whether or no��he u�derlyx�.g in�urar�ce vva�requ�red by L��der, sha11 i�e
<br /> a����ed�o�res�arati�r�ar repa�r flf t�ie Proper�y, if the res�ora�i��o�r�epair is ec��.am�cally feasxble ailc�
<br /> Lende�'s security is na�le�se�ed. Duri�g such reparr�.�.d re�f:a�atian periad, Ler�c�e1�hal��.ave�he righ��o
<br /> hol�.such i�surance proceeds un�:�1 Le�.�.er has hac�an oppot�tunity�o iizs��ct su�h P�aper�y�fl ensur���ae
<br /> vvork 1�as been coznp�eted to Lender's satisfaction, p�rovided���a�sucl�inspect�o�sh�.11�e under�al{en
<br /> pro�-�p�1y, Len�er znay c�isburse proceeds far the re�airs atld res�ora�ion���.sxngle payrnen�or ir�a serzes of
<br /> �rogress p�.ylne��s �s�he�n�k�s comple�ed. Un�ess a1�agree�nen�is made in vv�ri�ing�r Applicable Law
<br /> requit•es ir�teres��o Ue pa��on su����sura�c�pro��eds, Le�der sha�l no�be requirec�to pay Borrawer an�
<br /> in�erest or ear�.i�.gs o�such paroceec�s, Fees FQ�pu��ic ac�justiers, or o�;her third pa�ties, re�ained by Borrower
<br /> sl�a.��no�Ue��.ic�out of�he irisurance proceec�s anc�s�lall be��le sale obl�ga.�xor�or Borro�rer, rF 1:�1�res�o�a�ior�
<br /> or re�air is n��ec�no�n�ca�ly f�asible or Le�.�er's securi�y vt�ould��lessene�, the insurat�ce p�oceeds s�1a11 be
<br /> applied�a 1:he surns secure��y�hi� Secu.rity Inst�u�nen�, vvh�tl�er or na��hen due; w����t�e exces�, if a�1y,
<br /> paic��a 13o�.i�aw�r. �uch insu�'az�ce�roceeds sha�1 be-applied in 1;�ze o�de�provic�.ed ffl�ir�Section 2.
<br /> If B�rrovver aban.doris��e P�oper�y, Le�zdet�nay fx�e, r�ega�iate and.se��1e any ava��able insu�a��c�G1ai���nd
<br /> rela�ed z�a��ersv If Bo�rower doe�no�res�otld,wz��ai.r�.30 days�o a no�ice f�n�n Lende����la�the tnsura.nce
<br /> ,--- -c�=rivr h�s--offer�d-�a-��t�1�-�a-c1a.��n;�he�L�nde�-�r�ay n�gal:ia�e-and-s�tt�e-the-c�aim.�T-h�3��day-periad-w��� — --
<br /> l��gin whe��he�a�ice��giver�. In e��her event, o��f Le�der acc�u�res�h�Pro�er�y ur�d��Sec��or�22 ar
<br /> otherwise; Ba�rower�zereby assigns�o Lender�a� 13ot row�t•'s r�g��s �a a�y rzasura.�.ce praceec�s ir�an a.�alaunt
<br /> ria��� ex�eed��ze amoun��unpa�d under��ze No�e or�11is Secur��y I�s�r�xmet�t, and�b� any a���er of
<br /> Barrower's r�gla.�s�ather���an�he�right�o any�•efu�x�.01'unearned prelrni��r�s paid�y Bor��ower�un�et�.1�
<br /> ir�suranc�pol�cies�overing��ie Property, insofar as such r�glzts are applicable to�lle cove�age a�the
<br /> Pr�per�y. Le�c�er�nay use����insut•ance proceeds eitl�er tia r�pair or res��re��Ze Proper�y or 1:a pa.y amounts
<br /> UI1�c�l.�.U.�C���'��le N�ti���'��.115 S�Cllr���It1S��'L1.111�11�, w�leti�ler or��t�.hen�.ue.
<br /> B. ��Gupan�y. BorraWer sha11 o�c�py, estia���.s�z, ax�d use t��e�'roperty as I3orrov�e�'s prii�cipal resi�.e�ce
<br /> wi�hin 64 days after�1�e execu�io�z or t��is S�cur��y Zx�stru�ne��.�anc�s1�a1� coxa�i�zue�a occu.py�1�e Proper�y as
<br /> Ba��rfl�w�r's�rin��pa1 resi��nce for at 1�as�one y�ar af��r�he da�e of oecu�azzcy, unless Lenc�er o�hervv�s�
<br /> agrees i�.vvriti��g, whicll c��aserz�sha11 not be un.�rea�otlably vuz�hhe�d, or u�.ess ux�.enua�zng cir�t�ms�an�es
<br /> exi�t wh�ch a�e�aeyand Bo��rowez's�ontt�o�.
<br /> 7. Preserva��on, M aintenance and Prc��ectNon of the Proper��; Inspec�ions� BorroWe�sha11 no�destt•.oy,
<br /> c�a.mage o� itn��.ir���e P�ro�eri.y, a11ow�he Prape�tiy tfl de�erio�ate tir cointr��v�as��or��1ze Prope��ty. �ie�her
<br /> or not Ba�rawer�s resi�.ing in��le Property; Barrower sha.11 main�a�n�he Proper�y�n or�.er�o prevent���
<br /> Property fra�n de�erxora�ing or�.ecreasing i�.�alue�.ue��its con���io�, Unless ��xs detertni��ed�aut sua�l��o
<br /> Sectio�5 �h.a��epait a�res�oxa�io�.is not eca�lo�nxcalT�r fea�ible, Bor�avt�e�sha1�p�o�np�ly repa�r�he Prfl�er�y
<br /> if c�a.�naged�a avoid fur��zer c�e�e��ara�ior�o�•d��x�age. If ir�s�zra.nce ox cotldetnna�ion proGeec�s�.��paic�in
<br /> co�u�ec�ia�1 vv���i c�a��na�e 1:0, or�he�a�{ing or, t�ie P�oper�y, Borra�wer sh��.11 be respons�ble for repa�ri�zg o�°
<br /> re�toriilg�:��.e P�opel�y o��1y�F L�r�c�er has rel�as�d��roc�eds fo�s�.�ch purposes, Le�.der inay d�sbu��se pt�o�eec�s
<br /> z�aar9ro
<br /> N�BRA5KA-Single Family-�annie Mae1F'red�ie Mac�NI�ORM INSTRUM�NT �arm 3a2� �10�
<br /> VM P a VM P6(N�}��342)
<br /> 11Valters Kluw�r Financfal Services Pagg 7�f�7
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