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��15�335� All insurance pol�cies required by Lender and renev�rals af such paiicies sha�l be su�jec�to Lender's rig�t to disapprove such poi icies, shall inc�ude a standard mor�gage clause, and s�aai� name Lender as martgagee andlor as an addi�ional loss payee. Lender shall ha�e the r�ght to hoid the po��cies and ren�vvai cer�if�ca�es. �f I.�nder requires, Borro�er shal�promptly g�ve�a L,end�r all rece�pts of pa�d premiums and renewal natices. �f Borr�wer o�tains any form of insurance co�erage, not other�ise required b� Lender, for dama��o, or d�s�ruc�ion of, �he Prop�r�y, such policy shall �nclude a s�andard mor��age claus�and shal� name Lender as m�rtga�ee andlor as an add�tional loss payee. �n the even�of�ass, Borrow�r shal� give promp�natice�o�he insuranGe�arrier and �nd�r. Lender may �nake proaf of�oss if no�made prampt�y by B�rrower. Un�ess Lender and Barrovver o�herw�se agre� �n u�ri�ing, any�nsurance praceeds, whether or nnt�ae und�riying insurance was r�quired�y L,ender, shall be applied ta restaration flr repair of the Proper�y, if the r�s�oration or repa�r�� ecnn�mically feasi�ble and Lender's securi�y �s no�lessened. Dur�ng such repair and restoration period, L�nder�ha��ha�e t�e right�o hold such�nsurance pr��eeds un��l Ifender has had an appor�uni�y to �nspect such Praper�y to ensur��he wark has b�en c�mp��ed�o Lender's sa�isfac�ian, pra�r�ded that such �nsp�ction shal�be under�ak�n pr�mpt�y. Lender ma�d�sburse praceeds f�r�he r�pairs and restoration in a s�n��e payment or�n a series af progress pa�ments as the v�a�rk is comple�ed. Unless an agr�ement �s n7ade in wri�i�g or App�icab�e Law requir�s �nterest��be paid on such insurance proceeds, Lender shall not be required to pa� Borrower an� in�erest or.earn�ngs on such pr�ceeds. Fees for pub�ic ad�usters, ar other�hird par��es, r�tained b}� Borrower sha�� not be paid au�of�h�insurance proceeds and shall be�h� s�le�bligation of Borrower. �f th�res�ora��on or repa�r�s not econom�cally feasible or Lender's securit�w�uld b��ssened, �he insurance proce�ds sha�l �e applied to the sums s��ured by this Securi�� ns�rum.ent, whe�her or nat then due, wi�h the excess, �f any, paid to Borro�er. Such insurance proc�e�s shall be applied�n�he arder pr�v�ded for in Section 2. �f Borrower a�andons the Proper�y, Lender may file, neg��iate and settle any a�ailable insurance cla��n and related nnat�ers. �f Borrower does not respond vvi�h�n 3�days to a notice from Lender�ha��he insurance earrier has offered�o se�t�e a c�aim, then Lender may negot�at�and set��e�he c�aim. The 3D-day per�nd�i�� beg�n when�he notice is�i�en. �n ei�her event, �r if Lender a�quires the Property under Sec��on 2�or oth�rv��se, Borrovver here�� assigns to L.end�r�a} Borrower's righ�s tfl any �nsurance prflceeds in an amount no�to exceed�he amoun�s unpaid under the Note or�his Security Ins�ru�nent, and �b} an� other of Borrower's righ�s�ather than the r�gh�to any refund af unearned premiums pa�d b� B�rrower}under a11 �nsurance po�icies covering�he Proper�y, �nsofar as such rights ar�applicab�e to the co�rerage of�he Proper��r. Lender ma�use the�nsurance proceeds either to repa�r�r restore the Proper�y or to pay amoun�s unpa�d under�he No�e or this Secur��y Instrumen�, v�rhether or not then due. �. �ccupancy. Borrower shall occup�r, estab��sh, and use�he Property as Borrower's principal res�dence wi�h�n��days af�er�he execu�ion af�his Securi�y �nstrument and sha�l continue�a occup�the Proper��as Borr�wer's pr�nc�pa� res�dence for at�east�ne��ar af�er�he date�f occupancy, unless Lender otherwise agrees in writing, which consent sha�I not be unreas�nably w��hheld, or unless �xt�nua�ing�ircumstances exis�wh�ch are be�ond Borrower's contro�. 7. Preserrrativn, tVla�ntenance and P�otectron of the Prvperty: �nspectians. B�rrower shall no�destroy, danzage�r�mpa�r�he Praper��, a��ovv the Praperty to de�eri�rate ar�om�mit was�e on the Prop�rty. VVheth�r or not Borrower xs res�ding in the Property, Borr�wer shali ma�nta�n�he Proper�� in order tn pre�ent the Property from deteriorat�ng or decreasing in Wa�ue due to its condi�ion. Un�e�s it is de�ernuned pursuant�� Sec�ion S that repair or res�aration is not economically feas�ble, Borrawer shal�promi.pt�� repa�r the Praperty xf damag�d to a�roid fur�her deteriora�ion�r damage. �f insuranc�or condemnation proceeds are paid in connecfii�n wit�damage to, or�he�aking of, the Proper�y, Borrav�er sha�i be respons�ble for repairing or r�stor�ng the Praper�y on�y �f Lender has released proce�ds f�r such purposes. L.ender may disburse pr��eeds NEBRASKA-Single FarniEy-�annie MaelFreddie Mac UNIFQRM iNSTRUMENT �arm 3�2$1�41 VMP Q VMPSZN�J(13D2i Woiters Kluwer�inanciaE Ser�i��s Pag�7 of 17