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Z�15�5�91
<br /> additxa�ai loss payee. Lender shall ha�e the right t�hald the pQ�icies and renewal cer��fcates. If Lend�r requrres,
<br /> Sorrovver shall pr�rraptly gi�e to Lender aII recei�t�of paid premiums and renewal no�i�es�.�f E�rrower abta.u��any fQrm
<br /> of insurance cQverage,na�Qthervvise requir�d�y L�nder,for damage�o,�r d�structiax�of,the Praper�y,su�h polrcy shall
<br /> include a standar�.mort�age clause and shall name Lender as mor�gagee andlo�as an additiana�lass paye�.
<br /> In the�ven�of lasss�oar�rayver shall�i�e promp�notice t��h�ins�7ranGe carr�er and Lender.Lender may make proof
<br /> of I�ss if nat made promp�iy by�3orrower. Unle�s Lend�r arid Borrower otherv�i�e agre�in wrr�ing, any insurance
<br /> �roce�ds,�nrhether or nnt the underlying insurance was re��ired b�Lender,shall be applied t�res�ara�.���r�epair of�he
<br /> �ropert�,if�he res�nratiQ�or repair is eco�aornically feasible and Lend�r's security�s na��ess�ned.Duxing such repa�ir and
<br /> xest�ra�ion p�rio�,Lend�r shatl h��e the right tt�hald su�h insuranc�prac�eds uin�il�.end�r has had�o�partun.ity to
<br /> �nspect such Pra�aert��o ensure the wor�has been�ampl��ed t�Lender's satisfactian,provided that such�nspec�ion s�al�
<br /> b�undertaken pramptly.Lende�r may disburse prac�ec�s for the r�pairs and r�sto�a�ion in a si.ng�e pa�ment or�z�a series of
<br /> pra�ress paym�nts as�he work is cQmpi�ted,Unless an agre�ment is xnade in writ�n.�orApplicable Law requires�riterest
<br /> t�be paid�n such insurance�roceeds,L�rider shal�not be r�quir�d�o�ay Borrawer any int�rest or earnings on such
<br /> �raceeds.F�es far pu��ic a.djus�ers��r�ther�hird pa.r�ies,ret�ined by�arrower sha��nat�e paid�ut af�he insurar�ce
<br /> praceeds and shaii be�h�so�e oblig��ian of Barrawer.If�he restoration or r�pair is no�economi�all�feasi�le��r Le�der's
<br /> �eGuri�woul�be Iessened,�he insurance proceeds shall b�appli�d t�the su.ms secured by�his Securi�y�ns�rument,
<br /> whe�her or no�then du�,wi�h.�he�xcess,if any,paid�o BvrrQwer.Such�nsurance prac��ds shal�be app�ied in the�rder
<br /> pravided for in�ection 2.
<br /> �:�'Borrower a�andans the Proper�y,Lender may fiie,negotiate and se�le an�a�ailable insura�Ce claim and�elated
<br /> �na�ters,�f Borra�er does nat respond v�rithin 3�da�s to a n�ti�e fram Lender that the insurance carri�r has offered�o
<br /> settle a�laim,ther�Lend�r may ri��o�ia�e arid se��e�he c�aim.The 3D�day per�ad v�i���egin when�he nvti�e is�iven.In
<br /> ei�her event, �r if Lender acquires the Property u�der Section 2� or other�vise,Barrowe�her�by assigns to�,�nder
<br /> �a}Barr�wer's r�ghts tQ any insura.�ce p�aceeds in an a,mount not ta exceed�he amou�z�s un�aid under the N�te Qr�his
<br /> Secur�ty Tnstrument,and�b}any o�her of�arrower's rights�o�her than�he right�o any refund af unearned prerniurns paid
<br /> by Barr�Vv�r�under a11 insurance poli�ies c�v�ring�he pr�per�y,insofar as such r�gh�s are�ppli�a�le t��he ca�rerage af
<br /> the Praper�y.Len�er may use�he insurance praceeds either to repair ar restore the P�roperty or t�pay axnaunts unpaid
<br /> under�he I�Q�e or�his Se�uri�y Instxumen�,�vheth�r or na��h�n du�,
<br /> 6,Uccupancy.Borrower sha�l acGupy,establish,and use�h�Pro��r�as Borr�w�r's principal resid�nce within��
<br /> days after the�xe�ution of this Securi�y�nstrument and�hall continue to occupy�he P�operty as Borrawer's princ�pa�
<br /> residen�e for at leas�one year after�h�date�f occupanc�,unless Lend�r otherwis�agrees in tivriting,vvh�ch consent sha�1
<br /> na�be unreasanably withh�ld,or un�ess ex�enua�ing circumstances exist which are beyond Bor�rav�rer's con�rol.
<br /> 7.Preservation,NNCaint�nance and Protectian of the Proper�y;Ynspe�txans.�orrower sha11 not dest�oy,damage
<br /> ar im�a.ir th�Froper�,alla�v�he Pro�er�y to de��riax�.te ar corn�nit waste on the Praperty.Whe�her or not Bo�rower is
<br /> �resid�n�in�he Praperty,Borrow�r shal�main�ain�he Proper�y in arder�o pre�ent th�Prop�rty from de�erz�rating;or
<br /> d�creas�ng in�value due to i�s c�ndi�ion,Unless it is determzned pursuant�4 Sec�ion 5 that re�air or r�s�ora�ian is n��
<br /> ec�namicaiiy feas�ble,Borrtiwer sha�l pr4mptly�epair the Proper�y if damaged to avoid further deteriora�ian or darnage.
<br /> �f insurance�r cond�mna�ion�roceeds are paxd in connection�rith da.�x�ag��a,ar the�a�in�of,the Property�T3arrawer
<br /> sh��l be responsible for repair�n�o�r rest�ring�he Prapearty only if Lender has rei�ase�.p�oceeds far sueh purposes,Lender
<br /> may disburse proce�ds for the r�pairs and x�esta�ratia�a in a single paym�nt or i�a a s�r�es�f�rogress payments a�s�h�work
<br /> is c�mple�ed.If the insurance or c�ndexnna.�ion prviceeds are na�suf�'icien�to r�pair�r restore the Prapez�ty,�orrower is
<br /> not re�ie�ed of gorr�w�r's obl�gatio�for�he carnpie�on Qf su�h�epair or rest�r�.ti��a.
<br /> Lend�r or its agen�ma�make reasonab��entries upan and inspectians of�he Prapert�.�f��has reasonable cause,
<br /> Lender may inspect�h�in�eriar�f the irnproWe�ents on�he Pro��rty.Lende�shall gi�e F3arrv�v�re�notice at th��ime af or
<br /> priar ta such an in�erior inspection sp��ify�n�such�easoriabie cause.
<br /> S.�arr�wer�s Laan Application.BorrQwer sha�i be in defau�t if,du���g the LQ�.n application pro�ess,B�r�rower or
<br /> any persons ar en�i�ies a.cting at the direc�ion af Borrawer or with Borrower's k�nov�rled�e�r cons�n��a�e materially
<br /> fa�se, m�sl�adxng, ❑r �naccurate information �r ��a�ements �o L�nder �or failed ta pro�ide Lender tivith materia�
<br /> NEBRASKA-5�ngle Family-Fannie NlaelFreddie Mac UN1FURl��NSTRUMENT with MERS For�m�D�B �I�fl�
<br /> Page 5 af 13 �����
<br /> iQs,tn�. B�rr�wer�s�lni�fals� �
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