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��15�347� <br /> A�� insurance po�ic�es requxred by I..,�nder and renewals of such polic�es shall�e sub�ec�t� Lender's right�a <br /> disapprove such pol�cies, sha�� �nc�ude a standard mortgage clause, and sha�l name L�n�er as mort�agee <br /> andlar as an additiona� �oss pa�re�. Lender shal� have�he right to ha�d the�o�icies and renewal cert�fica�es. �f <br /> Lender requ�r�s, Borrower shal�promp�ly g�ve to L�end�r a�� receip�s of pa�d prem�ums and ren�wa�notices. <br /> �f Barrower obtains any farm of�nsurance coverage, na�other�vis�requ�red�y L�nder, f�r damage to, or <br /> d�struc�ion of, the Praper�y, such pa���y sha�l include a standard mor�gage��ause and shail nam�Lender as <br /> mnrtgagee andlor as an add��iona� �flss pa��e. <br /> �n�he event of loss, Barrawer shali g��e prompt not�ce�o the�nsurance carr�er and Lender. Lender may <br /> make proof af loss if no�made promptly by Borrovver. Un�ess Lender and B�rrower othervv�se agr�e in <br /> wr��ing, an�r�nsuran�e proceeds, whether or no�the und�rlying insurance was requir�d b�Lender, sha��be <br /> app�ied��res�vrat��n ar repair of the Pr�p�r��r, if�h�restara��on�r repair is econ�micall�feas���e and <br /> Lender's securi��r is n�t�essened. During such repa�r and restara�ion period, Lender sha1�have�he rxgh�to <br /> ho�d such insurance proc�eds un��� Lender has had an app�r�unity�� �nspect such Praper���o ensure the <br /> v�ork has been comp�eted ta Lender's sa�isfac�ion, pro�ided that such inspect��n sha��be under�aken <br /> promp��y. Lender ma�dis�urse proceeds for�he repairs and r�storati�n in a si�.g�e paym�nt or in a series of <br /> prflg�ess pa�rments as�he work is c�mpleted. Un�ess an agreement�s made in writ�ng or App��cable Law <br /> requires in�eres��o�e pa�d on su�h�nsurance proceeds, Lend�r shal� n��be required ta pay Borro�ver any <br /> �nterest or�arnings on such proc�eds. Fees for public adjusterss or o�her th�rd parties, re�ained by Barrower <br /> sha�� not l�e pa�d ou�af�he insurance proceeds and shall be the s��e abliga�ion of Borrow�r. �f�he res�orati�n <br /> or repair�s not ec�narn�cally f�asible�r Lender's secur��y wauld be Ie�sened, the�nsurance pr�ceeds sha��be <br /> appiied�a the sums secured�y�h�s Se�uri�y Ins�rum.ent, wh�ther�r not�hen due, with the e�cess, if any, <br /> paid to Borrower. Such �n�urance proceeds sha�l be appl�ed in th��rder prav�ded for in Secti�n�. <br /> �f Borrower abandons�he Pr�per�y, Lender may f�le, negot�ate and se�tle any a�ax�abi�insurance claim and <br /> rela�ed matters. �f Barra�rer do�s n�t respond with�n 3�days��a no�ice from Lender that the�nsurance <br /> carrier has offered to set���a c�a�m, �hen Lender may negot�ate and set�le the claim. The 34-day period�v�li <br /> b�g�n when the not�ce is gi�en. �n eith�r event, �r xf Lender acqu�res�he Praperty und.�r Se�:��o�2�or <br /> atherwise, Borrower hereby assigns ta Lender�a}Borr�w�r's rights to any insurance praceeds �n an am�un� <br /> n��ta exceed th�amoun�s unpa�d under the Note or th�s Secur�ty Instruxnent, and��} an.y ather�f <br /> B�rrower's r�gh�s �a�her�han the right to any refund of unearned premiums paxd by Borrower} under a11 <br /> insurance policies co�ering�ae Proper�y, �nsofar as su�h right�are applicable�o��.e coverag�of�he <br /> Proper�y. Lender may use��e in�urance pro�eeds��ther to repair or res�ore�he Pr�per�y or ta pa�r arr�.ounts <br /> unpaid under�he Note or this Securi�y�nstrumen�, whe�her or nnt then due. <br /> �. Occupan�y. Borr�wer shali�ccupy, establ�sh, and use�he Praperty as�3orr��r�r's princ�pa� residence <br /> with�n 60 days after�he e�.e�utxon af�h�s Security �nstrument and sha�� continue to�ccupy the Prflper�y as <br /> Borr�wer's principal residence far a��eas�one year after�h�da�e of occupa.n�y, u�I��s Lender o�herwis� <br /> agrees �n writing, w��ch consent shal�not b�unreasanably w�thheld, or un�ess extenuat�ng c�rcums�an�es <br /> e��s��vh�ch are beyond Borro�ver's con�ral. <br /> 7. f�r�serrrat�on, N[aintenance and Prntection of the Prope�ty; �nspectians. Barrower sha��na�destroy, <br /> damage or impair�he Praper�y, al��vv the Property�a deter�orate or com�rn�t was�e an the Praper�y. '��.ether <br /> or not Borro�ver is r�siding in the Pr�per�y, Borrower shai� main�a�n the Propert� i�z order to prevent the <br /> Proper��from de�eriorating or de�reasing �n�vaiue due to �ts Condition. Un�ess �t is de�erm.xned pursuant to <br /> Sec��on 5 tha�r�pa�r or restoration is not econami�al�}�feasib�e, Barrower sha��promptly repa�r the Proper�� <br /> if da�maged�o a�axd fur�h�r de�er�ora��on ar damage. If�nsurance or c�ndernnat�on pro�eeds are paid �n <br /> c�nr�ectian wi�h damage�o, or�he�aking of, the Praper�.y, B�rr�wer shali be r�spon�ib��for repa�ring or <br /> restaring the Praper�y on�y �f Lender has released proceeds f�r such purpases. Lender may disburse proceeds <br /> N�BRASKA-Singfe Family-�annie Mael�reddie Mac UNIF�RM INSTRUM�NT Fvrrr�3��8 71fl� <br /> VMP(� VMP6fNE}t'!3�2� <br /> Wvlters Kluwer Financiat 5er�ices Page 7 of 17 <br />