2� 15�7737
<br /> an�risk,ha�ard or liabi�ity and mi�h�pro�ride gr�ater�r I�sser ca�era���han w�.s pr�vic�usly in effect.
<br /> Borro�ver ackn�vcrl�dges tha��he�ost o�the insura�ce�o��ra�;e sa o��a.zned migh�significant��ex�e�d
<br /> t�ae cost af insuranc��.ha��Qrraw�r cauld�a�e flb�a�n�d. Any amc�un�s disbur�ed by Lender under this
<br /> Se���on 5 sha�� ��came add�tiana� d�b� of B�rrower secured �y �his Security Yn�trument. These
<br /> amaunts shall beax inter�st at �he �Vote rate from th� date of disbur��ment and shall be payab��, �nri�h
<br /> 5uch int�rest,upon nv�iGe fram Lende�to B�rrov�rer r�ques�ing payment.
<br /> A�I insurance poli�ies r�quir�ci by L�nder and renewals of suc� polic�e� shall be subj ect �a �ender's
<br /> righ��a disapproW� such poli�ies, s�all inc�ude a�s�a.ndard mor�g�.�e ciause, and shal� z�ame Lender as
<br /> mor�gagee andlor as an addi�ional lvss payee. Lend�r shall have the right to ha��d �he po�icies and
<br /> r�n��val c�r�ificates. �f Lender re�uires,�Barrower s�all promp��y �i�e �a Lender aIl r�c�ipts of paid
<br /> pr�miums and ren�wal notices. If Borrvvrer ab�ains any farm af �nsurance ca�erage� na� o�herwise
<br /> requr�ed by Lend�r,fa�r dam.age��,ar destruction of,�he Proper�y�such�a�1�c�r sha�l in��ude a standard
<br /> mor��a��ciause and sha�l name Lend�r as mor��a���andlar as ar�additzonal�oss payce.
<br /> �n the e�ent af 1ass, Borrower sha�i gi�� prampt notiee to the insurance �arrier and Lender. Lender
<br /> �nay rn�ke proof of Iass zf no� made,p�nmpt�y �y �arra��ver. L]nles� L.�nder a,nd Barrowe�r o�hervv�se
<br /> agree in �vritzng, any insurance proce�ds, �heth�r or no� �he under��ing insurancc was r�qu�red by
<br /> Lende�, shal� be app�ied t� r���ora�ian or rep�ir of t�.e Prop�rty, if the res�ora��on or repair �s
<br /> e�anomi�ally feas��ale and Lender's ��curity i�not less�ned. During suGh repair a�nd r�stora�ic�n period,
<br /> Lender sha11 hav� �he r��ht �4 ha�d sueh insurance proceeds unt�Z �ender has had an c�ppor�uni� to
<br /> �n�pe�t such �ro��rty to ensure the work has bcen co�p�eted �Q L�nd�r's sa�isfa�tiox�, pro�ided �hat
<br /> such �nspectian shal� be under�aken prornp��y. Le�der may d�sburs� proceeds for �he repairs and
<br /> restar�.tiari in a sir�gl�payment or in a series af pro�res�payments as th�wark is ca�nple�ed.Unless an
<br /> agreem�r�t �� made in �vri��ng ar App��cable La�v requires in�er�s� to be paid o� such insuranc�
<br /> prc�ceeds,Lender shal�not�e required�a pay Borr�v��r any interest or�a.rnings�n su�h prac�eds.Fees
<br /> far publi� adjusters, or other th�rd pa�ie�,retained by Borrower sha�I no�be�aid Qu�af the insurance
<br /> �roc�cds and sha�l b� �he sale ab�i�a�ian af Borrow�r, �f�he res�Qra�ion or repair is rio�ecanomi�ai�y
<br /> feasible or Lende�'s secur��y would be �essened, �he �nsurance proceeds sha�� be applied to �he sums
<br /> s�cur�d by�his Security�ns�rument,v�rhe�her or not�h�n d�e,w�th the�xcess,if any,�aid�a�arr��xrer.
<br /> 5uch�ns�uran��proceeds sha1�be appiied in�he Qrder pr�vid�d for in S�ctxon 2.
<br /> �f Bflrrower a�and�ns�he Prop�rty,Lender�nay file,negot�a�e and settle any ava�lab�e insurance c�aim
<br /> a�nd relat�d mat�ers. If Borr�wex dc��s nat respQ�d wi�hzn �� days ta a� na�ic� fram L,ender �ha� �he
<br /> �nsuranG� carr�er has offered to sett�e a claim, �hen Lender may negQtiat� and se�t�e the claim. The
<br /> 3�-day period �vill begin wh�n�he na���� �s gi�en. In �i�her e�en�, ar if Lender acqu�res the PrUpert�
<br /> under SeCt�an �� or ot�erw�se, Borrovver hereby assigns to Lender �a� Borra�rer's rights �o any
<br /> �n�ura�ce praceed� in an amoun� na� �a ea�c��d �he amou�ts unpaid und�r the Not� or �his �ecurity
<br /> �nstrurnen�, and ��} any oth�r af B�r�awer's rights �a�her �han the right to any rcfund of unearned
<br /> pre�rniums paid by B�rrovver) und�r al� insurance p��icies co�erir�g�he Froper�y,�n�ofar as such rights
<br /> are applicab���� the �o�erage af the Proper�y. Lender may use�he insurance prnc�eds either to repair
<br /> or res�ore �he Property or�a pay ax��unts unpaid un�.�r�he Nfl�� or�hxs Security Ins�ru�nent, whether
<br /> ar no��hen due.
<br /> �. �ecupancy, I�orrc�wer sha�Z occup�a �sta�bl�sh, and us� �he Frop�r�y as B��rrower's prinGipal residence
<br /> within 6� da}�s af�er �he executic�� of this Se�urity �nstrument and sha�� con�inu� �o accu�y the
<br /> Property as �3orrower's pr�ncipa� res�dence for a� leas� one �rear af�er �he da�e of occupancy, unless
<br /> Lend�r determines �hat this requiremen� sha1� cause undu� hardship for �he Barrawer or unless
<br /> extenuatin�circurn.stan�es exis�which are be�ond�orro�rer's contro�.
<br /> 7o Pr��ervat�t�n, Maintenanc� and Protect�on af �he Pra�er�; Ins��c�io�s. Borrawer shall not
<br /> dcs�roy, damage �r �mpa7r the Pr�per�y, ailaw the P�-c�perty �o det�ric�ra�e ar commi� vva�ste on �he
<br /> Propeart�r. Borrawer sha1X maintain the Proper�y in ard�r�o pr��ent the Proper�y from de�eriora�ing or
<br /> N�BRASKA-Single Famiiy-FHA LINIFORM INSTi�llM�:NT Rev.411�
<br /> C�2�Q4-2�15 Compliance 5yste�ns,Inc.6G4deb04-abf8f229-�O15.1 I.3.�D7t ��
<br /> Single�amily Rcal l:state-Security Tnstrument DL2�47 Page 5 a�l� � l+/q ����� `��'' ��Tlq,�� wwrrv.cvmp�iancesysterns.cQm
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