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��1 5��5�4 be applied to restoratian�r repair af th�Property,�f th�restora�ion or repair is econon��ca�l��easibTe and Lender's securit�is not lessened.During such repair and restoration period,Lender shal� have the right �o hold such irisurance proceeds until Leilder has��ad ai�.�pp�rtun��y�a inspect such Pr�perty to ensure the wvr�l�a�been compl��ed t�Lender's sa�isfacti�n,pro��ded t�iaf sucla�nsp�c��on shall be under�aken prflmptly.Lender may disburse pr�ceeds far the repairs and restora��on��1 a sing�e payment�r in a serxes af pragress pa�ments as th�work is�omplet�d.Unless an agreement is made in wr�t�ng or Applicabl� La�v requires interest to be paid on such insurance proce�ds,Lender sha��z��be required to pay Borrower any�nteres�or earnings on such proce�ds. Fees far pub�ic adjusters,or other th�rd par�ies,retained b� Borr�wer shal�no�be paid o�t of�he insurance praceeds and s��all be the sa�e�bl�gat��n of Bflt-rawer. �f the res�oration or repair is not ec�nomically f.easible or Lender's securxty w�uld be lEssened,the insurance�roceeds sha��be applied to the su�ns secured by tl�is Security Instrument,whether�r na�then du�,with the excess,if an}�,�aid#o B�rrow�r. Such insurance proceeds shal�be appiied in.�he�rder pra�id�d for in S��tion 2, �f Borr�wer a�band�ns the�roperty, Le.nder rnay filc,n�go�iatc and set�ie any a�ailable insurance claim and re�a�ed rnatters.Yf Borrv�er d�es not respond withxn 3�days�o a notice fro�n Lender that the insuranc� carri�r has offcr�d t�sc��lc a clairn,th.en L�nder may neg�tiate and set�le the c�airn, The 3�-day�er�od will bcg�n�vhen�he notzce i� give�. In either event,or if L�nder ac�u�res the Proper�y under Sec��an�2 �r atherwisc,B�rrower hereby assigns t�Lender�a�B�rr�wer's r��hts�o any insurance�roceeds�n an amoun�not�o exceed the amounts unpa�d under�he Note or this Security�nsfrument,and�b}any other of Borrower's rights �other�han the right�a any refund of unearned premiums paid by B�rrower)under a�l insurance policies covering�he PrQperty,insofar as such rights are applicable��he co�erage of the Pr�perty.Lender may use�he insurance pro�eeds eit�er to repair ar restior�tihe Proper�y tir ta pay amaun�s unpaid under�he Note or this Security Ins�rument,�vhether or n��then due. �.�ccupancy.B�rr�wer sha�1�c�up�,estab�ish,and us��he Prap�rty as B�rraWer's principal res�dence wi�hin��days after the executi�n of th�s Secur�t��ns�rument and sha�l continue to flccu�y the Proper�y as B�rrawer's principal residence fflr at 1eas�one�ear after the da�e of�c�upancy,un��ss Lender. otherwis� agrees in writing,which consent sha��not be unreas�nab�y v�rithheld,�r unless ex#enuating circumstances e�ist which are he�ond Borrov�er's c�ntrol. 7, Preservati�n, IVlaintenance and Pratection of the Praperty; Inspect�ons. Barrower sha�1 nnt destroy, damage ar impair�l�e Property,a�lo�v the Pro�erty to deter�ora�e or cornrnit�vas��on�he Pr�pe�-�y.Whether�r not Borrower is residing in�he Pr�perty,Borr�wer shall ma�ntain the Property in order to pr�vent the Property from deteriorating ar d��reasin�in value due to��s condition. L�n.less it�s d��ermined pursuant to Section S that repa�r or restoration zs n.�t ecanon�ical�y f�asible,Barraw�r shall pramptly repair the Prop�rty if damaged to a��id fur�her de�eri�ration�r damage. If insurance or candemnation proce�ds are paid in connection v�ith damage t�,ar the taking of,�he Proper�y, B orrower shall be responsible for repairing or restoring the Property only�.f Lender has released proceeds far such purp�ses.Lender rnay dishurse proceeds for the repa�rs and rest�rat�on�n.a sing�e payr�ent�r in a ser�es of progr�ss payrnents as�he u�ork.is c�mpieted. �f the insurance or cond�mnatian proceeds are n�t suff��enf tfl repair ar restore the Proper�y, Borrotiver is not relieved of��rr�wer's ob��gatian f.�r the �omp��ian of such repa�r or resC�ra�ion. HC�G-��359 NEBRASKA-Sing}e Family-Fannie M2�elFreddie Mac UNIFORM INSTRUMENT Form 3428�l�'4 VMP� �3115 Wvlters Kluwer Financial Services �a15D9'1'115.2.Q.3237'-J2�15�5��Y Page 7 vf 17 '" 1 1 � `