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��l 5��1 �� <br /> A�I �nsuranc�po�iGies��equir��h� Lender and r�n�vUals of such po�ic�es Shail be subject to Lender's right to <br /> disapprove such paiieies, shall �nclud�a standard mo�-tga�e c�ause, ar�d shall name Lend�r as mor�gagee <br /> andlor a� an add�tianal loss payee. Lender shal�ha�e the right to hold the p�licies and renevval certifi�a�es. If <br /> I.�nder requires, Borrower sha��pramptly g�ve to Lender all r�ceipts of paid premiums and renewal notic�s. <br /> �f�3o�rrower obta�n� any forrn of�nsurance coverage, nnt otherw�se required by I.�nc��r, for damag��o, or <br /> des�ruc�ion of, the Property, suc�.policy shali include a standard xnortgage c�ause and shai� name L.�nder as <br /> mor�gagee andl�r as an additional Ioss payee. <br /> �n the e�rent of loss, �orrower sha11 give promp�n���ce�o�h��nsurance carr�er and Lend�r. I,ender may <br /> xnake proof af�oss if not made prannpt�y by Barrower. t�niess Lender and Borra�er otherv�ise agre��n <br /> wr�ting, an�insurance proceeds, whe�he�r or not the underlyi�g�nsurance was requ�red by Lender, sha�� be <br /> applied to restoration ar repair of the Proper��, �f�he restorati�n or repair is ecanamzca��y feasible and <br /> Lender's s�curity is not lessened. During such repa�r and restora�xon period, I.�nde�shall ha�e the right�o <br /> hold such�nsurance praceeds un��� Lender has had an oppar�unity�o inspect such Pr�perty ta ensur��he <br /> w�rk has been coznpieted to Lender's satzsfaction, provided that such�nspectian shall be undertaken <br /> promptly. Lender rnay dis�urs�proceeds fo�r the repairs and restaration in a single paymen�❑r in a series of <br /> pr�gres�payme��ts as th�w�rk�s completed. Un�ess an agree���ent is���ade in writing ar Appli�able Law <br /> requir�s interes�t�be pa�d on such insurance praceeds, L.ender sha�l no�be requ�red�o pay Borr�w�r any <br /> interest ar earnings on suc�proceeds. Fees f�r public adjusters, ar a�her third partzes, retained by Borrower <br /> shail no��e paid out af the insuranc�pro�eeds and sha11 be the s�le obligat�an�f Borrawer. If the re�tora�ion <br /> or repair�s na�econarrll�al�y feasibl�or L.end�r's secu���y�ould be lessened, �he�nsurance praceeds sha���e <br /> appl�ed�o the sums secured by this 5ecurity�ns�rument, whether or no�then due, w�th the excess, if any, <br /> pa�d�o Barrow�r. Such insuran�e proceeds sha��be appli�d�n the order pravided f�r in Seci�on�. <br /> If Borrower abandons the Proper�y, I,ender ma�r��e, ne�otiate and se�t�e any aWa�labie insurance��aim and <br /> related matters, �f Borrov�rer does no�respand within 30 days to a notice from Lender that the�nsura�ce <br /> carrier has off�red to sett�e a c�aim, then L.�nder ma�negotiate and se���e the ciaim, The 3�-day period wi�� <br /> begin�vhen the natice is g��en. �n e�t�er e�en�, or if I_.e�nder a�quires�he Proper��under Sect�an 22 or <br /> o�herwise, Borrower hereby assigns�o Lender�a}Borrnvver's rights t�any insurance proceeds in an amount <br /> not to e�ceed th�amaunts unpaid under the Note�r�h�s Security�nstrum�n�, and�b}any o�her of <br /> Borrower's r�gh�s�other than��ie right to any refund af unearn�d premiums paid by Barrov�er}under alI <br /> �nsurance pol�cies covering�he Proper�y, �nsafar as such righ�s are app�icab�e to the caverage of the <br /> Proper�y. Lender may use�he insurance pr�ceeds ei�her to repair or rest�re th�Proper�y ar ta pay amoun�s <br /> unpaid under�he Not�or this Securit�Instrumen�, whether�r not then due. <br /> �. D�cupan�y. Barrower shall occupy, establish, and us�th�Praper��as Borrower's principal resid�nce <br /> v�ithin 6�days after�he execu�ian of this Securit�Instrumen�and shall con�inue to occupy the Property as <br /> Barrower's principal residen�e for at least one�rear after the da�e of occupancy, un�ess Lend�r ath�rw�se <br /> agrees�n writing, which cansen�shall not be unr�asonab�y withhe�d, or uniess ex�enuating cir�urns�ances <br /> exist wh�ch are�b�yQnd Barrow�r's cantrol. <br /> 7. Preser�ativn. Maintenance and Protect�on t�f the Praperty; �nspe�tions. Boarr�wer�hail no�destro�, <br /> damag�or impair the Prop�r��, a11ow the Proper�y to deterzorate or commit waste on�h� Pr�per�y. '�he�her <br /> or no�B�rrovver is residing in the Property, Borrow�r sha��maintain�h� Proper�y ���order t�preven��he <br /> P�roper�y from deteri�rating or decreas�n��n value due to its condi�ion. Un�ess xt zs de�ernun�d pursuan�to <br /> 5ec�ion 5 tha�repair or rest�rati�n is not ec�nomically feas�ble, Borrawer shal�promp�.ly repair the Proper�y <br /> if damaged�o avoid fur�her deterioration�r damage. �f insurance or condemnation proceeds are paid in <br /> �onnecti�n wi�h damage ta, ❑r the taking of, �h�Property, Borro�rer sha�l be responsible for repa�ring ar <br /> restoring�he Proper�y on�y�f Lender has re�eased proceeds for such purposes. Lender may disburse pr�ce�ds <br /> N�BRASKA-Single�amiiy-Fanr�ie MaelFreddie Mac UNIF�RM 1N5TRUMENT �arrr3 3028 1141 <br /> VMF'[r�; VMP6fN�)t7342y <br /> Wolters Kluwer Fin�ncial 5er�ices Page 7 of 17 <br />