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<br /> Ail insuranc�pali�ies r�quired by L�nder and rene�vals of such policies�hall be subjec�t� I.�nder's righ� to
<br /> disapprove such poli�ies, shall inc�ude a standard mortgage clause, and shall name Lender as m�r�gag��
<br /> andlor as an add�t�onal �oss paye�. Lender sha��ha�e the right ta holc�the poi�cies and renewa�cer��f�cates. If
<br /> L.�nder requ�res, Borrflwer sha��promptly give to Lender all receipts of paid premiums and renewal no�ices.
<br /> �f Borr�wer abtains any forrn af�nsuranc�co�rerage, n��a�h�r��se requ�r��by Lender, for darnage to, ar
<br /> destruc�ion�f, the Proper�y, such pol�cy shall inc�ude a standard martgage�lause and shall name Lender as
<br /> m��tgagee�ndl�r as an additi�nal loss payee.
<br /> �n th�event of�ass, Borrower sha��g�ve prompt na��ce to the insurance carri�r and Lender. Lender ma�
<br /> mai�e praof af�oss if not made pramptiy by Borrovver. Unless I.�nder and Barro�er o�her�uise agree in
<br /> writ�ng, any�nsurance proc�ed�, whe�h�r ar not the under��ing insurance�as required by I�ender, shal�be
<br /> a�plied�a rest�ra�ian or�epa�x af�he�'roperty, ��th�restora�ion or repair is economical�y feasible and
<br /> L,ender's securi�y is not lessened. During sucll repair and restorat�an per�od, L�nder�hall have the right�o
<br /> ho�d such�nsuranc�proceeds un�i� Lender has had an vppartunity to inspec��uch Praperty��ensu�e the
<br /> work.has been�ampleted t� L.end�r's sa�isfact�on, prav�d�d tha�su�h inspec�ion sha�.�be undertaken
<br /> pr�mptly. Lender rnay d�sburse pr�ceeds fo�r the r�pairs and rest�ration�n a sin�le payment ar in a series of
<br /> pragress pa�ments as the work is completed. Un�ess an agreement is made in wri�ing ar Appl�cable Lavv
<br /> requ�res �n�er�st t��e paid on�uch insurance praceeds, Lender shal�no�be required to pay Barrower any
<br /> �n�erest ar earnings on such proceed�. Fees for publi�adj usters, n�'�th�r�hird par��es, re��ined by Borroul�r
<br /> sha11 not be paid ou�of the in�urance praceeds and shall be the so�e obl�gation of Borrower. �f the re�tora�ion
<br /> or repa�r�s nat econ�mical�y fea�ible or Lender's security would be le��ened, �he insurance prflc�eds s�.all be
<br /> applied to the su�ns secured by�his Security�ns�rument, whe�her or not�h�n due, �vzth�h�excess, if any,
<br /> pa�d to Borrow�r. 5uch insurance proceeds sha���e app�ied�n the order pro�ided for in Se�tion 2,
<br /> �f B�rrower aband�ns�he Prop�r�y, Lender may fi1�, negot�a�e and se�t�e any avai�able insuran�e clairn and
<br /> re�a�ed matters. �f Barrawer does not respand�x�i�hin 3�da�s�o a no�ic�from Lender that the insuranc�
<br /> carrier ha��ffer�d ta set���a c�aim, then Lent��r�nay neg�tia�e and se�tle�he claim. The 3�-day per�od w��i
<br /> begin��hen th�notiGe i��i��n. �n e�ther event, or if L�nder acqu�res the Praper�y under Sec�ion 22 or
<br /> �therwis�, Borrower hereby ass�gns to Lender(a)Borrower's righ�s to any insurance proce�ds in an amount
<br /> no�to exceed�he amounts unpaid under the Note or�his 5ecurity Instrument, and�b}any other of
<br /> Barr�u�e�'s righ�s�o�her than the right to any refund of�nearned premiums pa�d��Borr�wer}under ali
<br /> insurance pal�cies cavering�he Froper�y, �nsofar as such rights are appiicable ta�he co�r�rage of the
<br /> Proper��, Len�.er may use�h��nsura�ace pro�eeds e�ther�o repa�r or resto�re the Proper��or��pay amounts
<br /> unpaid under the Note or this Se�uri�y Ins�rumen�, whe�her or not then due.
<br /> �. �ecupancy. Barrov�er sha�l o�cupy, establish, and use�he Praper��as Borr�wer'�pr�nc�pa� residence
<br /> within d4 days af�er the execu�i�n vf th�s Security Instrumen�and sha��continue t��ccupy�he Praper�y as
<br /> � Borrav�rer's principa�res�dence for a�Ieast one year after the date of o�cupancy, unless Lender otherv��se
<br /> agree�in wr�ting, vvhich consen�sha�l not�e unreas�nably wxthheld, or unless extenuatzng��rcumstances
<br /> exist�hiGh are b�yond Borro�ver's�ontrQ�.
<br /> 7. Preserva�ian, �1l�aintsnance and Prnt�ct�an of the Prape�ty: lnspections. B�rrQwer sha�1 na�destroy,
<br /> damage�r impair the Property, allow�he Prap�r�y to de�eriorate ar commi�was�e�n the Property. Whether
<br /> �r no�Borrower is re��ding�n�h�Prop�r�y, Borrflw�r 5ha��maintain the Pr�pert� in order t�prevent t��e
<br /> Proper�y fr�m de�eriorating or decreasing�n�alue due ta its cond��ifln. Un�ess it i�determ�ned pursuant to
<br /> Se�t�on 5 tha�r�pair or res�orati�n is not ec�nomically feasib�e, Borrovver sha��promptl�repa�r�he Pr�per��
<br /> if damaged ta avoid fuzrther de�erioration or damage. �f insurance or condemnat�an p�oceeds are pa�d in
<br /> conr�ectian with damage to, or�h�taking�f, the Pr�per�y, Borrower sha�i be responsibie f�r repair�ng or
<br /> r�storing th� Praper�y o�ly�f Lend�r has rel�ased proceeds far such purposes. Lend�r may dis�urs�proceeds
<br /> NEBRASlCA-Singte FamiIy-Fannie MaelFre�die Ma�UNI�ORM INSTR�M�tVT �arr�3D28 11��
<br /> VMP[c� VM�'fi�NE)[13Q�}
<br /> Wal�ers Kluwer Financiai Services Pag�7 of�7
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