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��15��174 AI� insurance po�i��es requ�re�b�Lender and renewals of such po�ic�es sha�l be subject ta Lender'�r�ght�a disappro�e such po�icies, sha1� include a standard mar�gage claus�, and sha�l name Lender as mor�gag�� andlor as an add�tz�nal �oss pay�e. Lender�ha��ha�e the right�o h��d�he po��cies and renewal cer�i�ca�es. �f Lender r�quir�s, Borrower shal�promp�ly giv��o Lender a11 r�ce�pts�f paid premiums and renev�al no�ices. If Borrower nb�axns any form of insurance coverage, nat otherw�se re�uir�d by Lender, for damage ta, or destruct�on of, the Property, such polic�sha11 include a s�andard mortga�e c�ause and sha�l name Lender as m�r�gagee andlar as an add��anal loss payee. �n�he even�of�oss, B�rrower sha�� g��e�rompt notice to�he insurance carri�r and L.�nder. Lender ma�r make proaf of�vss if not made pramp��y b�r Borra�ver. Un�ess Lender and Borrower otherwise agree in �vr��ing, any �nsuran�e proceeds, whe��er or not th�under�ying insurance was requxre�.by Lender, sha��be app��ed to �estara�ion�r repair of the Praper�y, xf th�restora��on�r r�pa�r is econonuca�ly feasib�e and Lender's s�curi�y is no�iessened. I3uring such repaxr ar�d res�orat�on peri�d, Lender sha�l ha�e��e righ�to hald su�h insurance proce�ds un�il Lend�r has had an�ppor�unity�o inspeC�such Praper�y to�nsure the work has been cornpleted��Lender'� satisfact�an, provided tha�such inspec�ion shal�be undertaken promp��y. Lender may disburse proceeds for the repa�rs and restara��on�n a sing�e paymen��r�n a s�ries of progress payn�.en�s as�h�work is c�rnple�ed. Unless an agreement is made in writing or App��cable Law requires in�erest to be paid on such insurance proceeds, Lender sha11 not be required�.a pa� Borrower an�r in�erest or earning�on such proceeds. Fees far publ�c adjusters, or other third par�ies, re�ained by B�rr�wer shal�not be pai�ou�of�he�nsurance prace��s and shali be the so�e o��gati�n of Borrower. �f�he restorati�n ar repa�r xs not econom�cai�y feas�ble or Lender's securit�would be lessen�d, the insuranc�pr��eeds sha�l be appiied�o the sums s��ured b��his S�curity�nstrumen�, whether or no�then due, �i��the excess, if any, paid�a B�rrower. Su�h insurance proce�ds sha��b�app�ie� in�he order pro�id�d for in Se�t�on�. �f Borravver abandons the Pr�per�y, Lender nZa� f��e, nego�iate and se��e an�a�a�lab�e insuran��cla�rn.and rela�ed matters. �f Borrow�r daes no�respond w��hin 3�days�a a notice from Lender�hat�he insurance carr�er has �ffered�o settle a c�a�m, then Lender may nego�iate and se�t��the c�a�nz. The 3D-da�per�od wi�� begin when�he natice is g��en. In ei�her event, or�f Lender acquir�s�he Proper��r under S�c�ion Z2 or �t�l�I W15�, Borrawer hereby ass�gns to Lender�a} $arro�ver's rights to any �nsurance pr�ceeds in an amount not to exc�ed the amoun�s unpa�d under the N��r�h�s S�curi�y �nstrumen�, and ��} any other of Borrawer's r�ghts �o�her�han the righ��any refund of unearn�d prem�ums paid by Borrower}under all �nsurance po��c�es cover�ng the Prop�r�y, insofar as such rights are applicabl��he�a�rerage of the Prop�r��. Lender may use�he�nsurance praceeds ei��er�a repa�r or res�ore the Prop�r�y or to pay am�unts unpaid under the Note or this S�cur�ty�ns�rumen�, �vhe�her or not then due. 6. C]ccupancy. B�rrawer sha11�ccupy, estab��sh, and use�h�Prapert�r as B�rrower's prin�ipal residenc� ��hin 6�da�rs after�he e�ecution of this Secur��y Zns�rument and�ha�I c�n�inue�o occup�the Proper��r as Borrower's principal r�siden�e for a�1eas�one year after the date of oc�upan.cy, unless Lender other�rise agrees �n writing, which consen�sha��na�be unrea�onabl�withhe�d, or unle�s ex�enua�ing c�r�umstane�s ex�s�wh�ch are�e�c�nd Borrower's contro�. 7. Pres�rvat��n, Ma�ntenance and Protectian af th� Property: Inspecti�ns. Borrower sha��n��des�r�y, damage or�mpair the Proper�y, al��w�he Property t� deter�orate or commi�waste on th�Property. 'L�hether �r not Borrow�r is residing �n�he Prap�rty, B�rrower�hal1 maintain the Prflperty in order to prevent�he Proper��from deteriorat�ng or decreas�ng in va�ue due t� its c�nd��on. Unless�t�s de�ermined pursuant�o Sect��n S tha�repa�r ar restorat�an�s not economically fea��bl�, Barro�ver sha�l promp�iy r�pair the Prop�r�y if damaged to avo�d fur�her deteriora�ion flr damage. If insuran�e or condemna�ian praceeds are paid in cannec�ian w��h damage to, or�he�ak�ng of, �he Proper�y, Borrawer shal�be resp�ns��e f�r r�pairing�r r�storing the Proper��on�y �f L�nder has rei�ased proc�eds for such purposes. Lender rnay disburse proceeds NEBRASKA-Singfe Family-�annie MaelFreddie Ma�UNiFQRM 1N5TRUM�NT Fvrm 34Z8 i 1�'1 VMP Q VMPfi�N�}��3�23 Wolters Kluwer Financia#5er�ices Page 7 a�'�7