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2� 15�77�5 Al� insurance policies required b� Lender and renewals of su�h pa�iczes shal��e subjec��o Lender's r�ght ta disapprove such poiici�s, sha�l �nclude a sta�dard martgage clause, and sha�l name Lend�r as mor�gagee andlor as an additiona� loss payee. I.�nder shall hav�the r�ght to hald�he po�icies and renewal cer�ifica�es. If L,�nder requires, Borrower sha��pramp�ly g��e t� Lender all rec��p�s of pa�d premiums and renewa� no��ces. If Borrower ob�ains any form of insurance coverag�, no�otherw�se required by I,ender, for damage to, or destru�t�an�f, the Proper�y, such polxcy sha�� nclude a s�andard mor�gage clause and sha��name L�nder as mnrtgagee andlor as an addi�ianai Iass pa�ee. �n�he even�of�oss, B�rrov�er shall give promp�notice ta the insurance�ar�r�er and Lend�r. Lender xnay make prflaf of�oss�f no�made prompt�y by B�rrower. Uniess Lender and Borrower o�herwise agr�e�n vvri�ing, an�insuran�e proceeds, whe�her or not th�underlying insurance was required by Lender, sha��be app�ied to res�oratian or r�pair�f�he Pr�per�y, �f t�e rest�ration ar repair is ec�nomica��r feasible and I�nder's s�curi�y is not Xessened. During such repa�r and restoration per�od, Lender sha�I ha�ve the right ta hold such insurance proceeds untii L�nder has had an oppor�unity to inspect such Prop�rt�ta ensure�he work has been completed�o I.�ender's sa�isfac�ian, provided�hat such inspect�on shall be u�.der�aken prQm.ptly. Lender may disburse procee�s for�he repa�rs and res�oration in a s�ng�e pa�ment or�n a ser�es of progress pa�men�s as th�wark is comp�eted. Un�ess an agreemen��mad�in wri�ing or Applica��e Law requires interes��o be paid on such�nsurance proceeds, Lender s�all not be re�u�red��pay B�rrower an� in�er�st ar earnings on such pro�eeds. Fe�s for publ�c adju�ters, or o�her third par��es, reta�ned by Borrov�er shali no�be pa�d au�of�he�nsurance proceeds and shal�be the s��e ob��gat��n af Borrower. �f th�restoration or repair�s no�ecanomically feasx��or Lender's s�cur�t�wou�d be lessened, �he insurance proc��ds shal�be app��e��o the sums secured��this Se�uri�y �nstrum�nt, vvhe�her�r nat�hen due, vvith�he excess, if any, paid to Barrower. Such�nsurance proceeds shall be app�ied in the�rder prQvided for in Sect��n 2. �f Borrawer abandons the Pr�per�y, Lender may f�le, nego�ia�e and sett��any avai�ab�e insurance c�aim and re�a�ed ma�ters. �f Borrower daes not respond wi�hin 3�da�s to a na�ice from I.�nder��at the insuranc� carr�er has�ffered�o set�ie a c�a�rn, �hen Lender may nego�ia�e and s�ttle fhe c�a�m. The 3�-day p�r�od wi�l begin v�hen the na�ice�s��en. �n�i�her even�, or i�r�ex�der acq�u�res �h��csp��r��der�ec��n��r otherw�se, Barr��ver hereb�r assigns�o Lender�a} Borrovver's rights�o any insurance pr��eeds �n an arnaunt no�to excee�.�he amounts unpaid under�he Note or this Securit�r �nstrumen�, and�b} an�ather af Borrawer's righ�s (�ther than the righ��o any refund of unearned prem�ums pa�d by Borrower�under all insurance pol�cies c��rering�he Praper��, �ns�far as such r�ghts are app��cable to�he caverage of�he Proper�y. Lender may use the xnsurance proceeds ei�her�o repazr c�r restore the Praper��r to pay amounts unpa�d under the No�e or�his Se�urx��r Ins�rument, whe�her or not then due. 6. Dccupan�y. Barrov�rer sha�l �ccupy, �s�ab�ish, and use the Propert.y as B�rrower's princ�pal r�s�dence within 6�days after�he execut�an of�his 5ecur�ty�nstrument and shal.�con�inue�fl occup�r�he Proper�y as Borrower's principa�residence far a�leasfi nne year after the da�e of accupancy, un�e�s Lender otherw�se agrees in v�rriting, wh�ch�onsent shal�n�t be unreasonab�y wi�hheld, or un�ess ex�enuat�ng circums�ances �x�st wh�ch are bey�nd Borrower's contra�. 7. Preser�ation, Ma�ntenance and Protection of �h� Property; �nspections. Barr�wer shali no�des�roy, damage or�mpa�r the Praper�y, a�Iaw�he Proper�y ta de�eriorate ar commit was��on the Proper�y. Vi�he�her �r no�Borr�wer is residing �n�he Praperty, Borrower shal�marntain�he Praper�y�n order�o prevent�he Proper�y from deteriarating�r decr�as�ng�n value du�t� ��s condi�ian. Un�ess i�is d�t�rmined pursuan��a Sec�ion 5 �ha�repair ar restoration�s na�econ�mica�ly feasible, Borrower sha11 promp��y repa�r�he Proper�y if dama�ed to a�oid further de�eriora�ion or damage. �f insurance flr c�ndemnati�n proc�eds ar�pa�d�n c�nnection�vzth damag��o, or the taking of, the Proper��r, Borrawer�hal�be responsib�e for r�pairing or restoring the Pr�per��r anly if Lender has re�eased proceeds f�r such purposes. Lender may disburse proceeds NEBRASKA-Singie�amity-Fannie Mael�reddi�Ma�UNIFQRM IN5TRl1MENT Farm 3Q28 11D1 VMP� VMPfitN�f��302y Wviters Kluwer�inanciai 5er�ices Page 7 of i 7