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��15�174� Al� �nsurance policie� requ�red by Lender and ren�wals of such p�Iic�es shal�be sub�ec��o L,ender's r��ht to d�sapprove such policies, shall inc�ude a standard mor�gage clause, and shall narne Lender as mor��agee andlor as an additiona� �oss payee. Lender shail have�he right�o hold the pal�cies and r�newa��er�i��cates. �f Lender r�quires, B�rr�v�rer shal�pr�mptly gi�e to L.end�r a�l re��pts nf paid premiums and renevval no�ices. If Borrower o�tains any form of insurance�o�erage, no�otherwise requ�r�d by Lender, far damage ta, �r des�ruction of, the Property, such po1�c� shal� include a s�andard mar�gage clause and shall name Lender as mor��agee andlor as an additiona� �oss payee. In�he�vent of l�ss, Barrovver shall gi��pr�mp�n��ce�o the insurance carrier and I.�nder. Lender may make praaf of�ass if n�t made pramptl�by Borrower. Un�ess �ender and Borr�wer otherwise agre��n v�rr��ing, any �nsurance pr�ceeds, whe�her or not�he underl�ing �nsurance was required by Lender, sha11 be applied�o r�s�ora��on or repair of the Proper�y, �f�he res�ora�ion�r repair is�conomuical�y feasible and L.�nder's securi�� is not less�ned. During such r�pair and restorat�on period, I.ender shall ha��the rzght�o hold such insuranc�proceeds until Lender has had an oppor�unity to inspect such Property�o ensure the work has been compie�ed�o Lender's satisfactian, prnvided�hat such inspectifln sha��be under�aken prompt�y. Lender may disburse pro�eeds for the r�pairs and restara�ian in a�ingle paymen�or�n a ser�es af pr�gress pa�ments as �he work is�omplet�d. Uniess an agr�ement �s made�n writing or Appl�cable Law r�qu�res in�eres�to be pa�d on such�nsurance pro�eeds, Le�der shali nat be required to pay Barrower any interes�flr earnings on such proce�ds. Fees f�r pub�ic adjusters, or other third par��es, retained b�Borrovver shail no�be paid ou�of th� insurance proce�ds and shail be the sale obligation af Borrower. If the res��ration �r repair is no�ec�nomica��y feasible or L.�nder's security v�rould be�es�ened, �he�nsuranc�proce�ds shall be app��to the sums secur�d by�his Securi�y Ins�rumen�, v�rhether or nat then due, with the excess, if any, pa�d to Borrawer. Such insuranC�proceeds sha��be appl�ed in the ord�r pro�id�d for�n 5ect�an 2. �f Borr�vver aband�ns the Proper��, Lend�r may file, n�got�ate and settle any avai�able insuran�e c�a�m and re�at�d matters. �f Borrawer do�s not respon�vvi�hin 3�days to a nat�ce from Lender that the insurance carr�er has offered to se��l�a c�aim, then Lender may n�gotia�e and s��le the c�a�nZ. Th�3��day period wil� begin when th�notice is g��en. �n��ther�v�nt, or�f Lender acquires�he Praperty under Sec��on 22 flr oth�rvvise, Borrower hereby assigns to Lender�a} Borrower's ri�hts t� an�insuran�e�roceeds in an amoun� not to exceed the amount�unpaid under the N�te or th�s Security�nstrumen�, and ��} any o�her of Borro�er`s ri�hts �other than�he right to any refund of unearned premiums paid�y Borrower}und�r all �nsurance pol�cies�o�ering�he Proper�y, in�ofar as such rights are applicabie�o�he co�erag�of the Propert�. Lender ma�use�he insurance proceeds ei�her�o repaxr or res�ore the Prop�r�y or to pay amoun�s unpaid under�he No�e or this Security Ins�rum�nt, whe�her ar not then due. 6. �ccupancy. Borrower sha�� occup�r, estab�ish, and use�he Proper�y as Borra�v�r's pr�ncipal resid�nce wi�hin 6�days after the execution of this Secur��y �nstru.men�and sha��antinue�o occup�r the Prflper�y as B�rravver's principai residence far a� �east one year af�er�he date of�ecupancy, unless I.�nder��herwise agr�es in wr��ng, wh�ch consent sha1� no�be unreasonably w�thheld, or unless ex�enuating circum�tances e�ist which are bey�nd Borrower's con�rol. 7. Preser�at�on, Maintenance and Protect�an nf the Property; l�spe�tions. B�rrov�er sha�l n��destro}�, damage or impa�r the Proper�y, a�iow the Pr�pe�y to c�eteriorate or commi�vvaste on�he Praper�y. �Vhe�her or no�Borr�wer is res�ding in�he Praper��s Borrower shall main�ain�h�Pr�per�y i�.�rder�a prevent the Property from deteriora�ing�r decreas�ng in�aiue due to i�s�flndx�ion. Un�ess it is determined pursuant�o Sec�ion 5 that repair�r rest�ra��on is not ec�nomically feasi�le, Barro��r shall pramptly repair the Pr�per�y if damaged�a a�o�d fur�her de�erioration or dama�e. �f�nsuran�e or��ndemna�ian proceeds are paid in connect�on w�th damage�o, �r the�ak�ng of, �he Property, Borr�vver sha��be responsibi�for r�pa�r�ng ar : restor�ng the Proper�y only if Lender has released proce�ds for such purposes. Lender may d�sburs�proceeds N�BRASKA-Single�amily-�anni�Mael�reddie Mac UNtFQRM iNSTRUMENT Farm 3028 11Q1 VMP[a] VMPfi�N�){�302f Woiters K(uwer�inancial 5er�ices Page 7 vf 7 7