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2� 15�81 �9 A11 insurance po�icies required by Lend�r and renewa�s Qf such palici�s sha11 b�subject�a �.en�.er's righ��o disapprove such po�ic��s, sha�l include a standard m�r�gage clause, and shall name Lender as mart�ag�e andlar as an add�t��nal loss pa�ee. Lender sha�� have the right�o hold�he po�ic�es an�.rene�val cer�if�ca�es. �f Lender requires, Barr�wer shal�pramptly gi�e to L,ender ail re��ipts of paid prem�ums and r�newai no�ices. If Borrov��r ahta�ns an�for�m of�nsurance co�erage, no�o�herwise required by Lender, for damag�ta, or destruction�f, the Prapert�r, �uch poiic�sha�i �nc�ude a standard mor��ag�ciause and sha11 name L�nder as mor�gage�andlor as an addi�iona�loss payee. �n th��v�nt of 1oss, Borr�wer shall gi�e prompt no�ice t�the�nsurance carrier and L.�nder. I.�ender may xnake praof of loss �f not made promptly b�B�rrov�aer. Unless Lender and B�rraw�r�therwise agree i�. wr�t�ng, any insurance proceeds, whether or nat the under�y�ng insurance was requ�red by Lender, sha��be appii�d ta res��rat�on or repair of the Praper�y, �f the restora�ion ar repa�r�s econo�ca��y feasxbie and Le�der's se�ur�ty�s n��essene�.. During su��.repair and res�oration period, Lender sha�I have��e righ�t� hald such in�uranc��roceeds until Lender has had an opportuni�y to �nspe�t such Prop�r�y to ensure��.e work has been cornpleted fi� Lender's satisfac�ion, pr�v�ded tha�such inspec�ion shall b�und�r�aken promptly. Lender may disburse�roceeds for�he repairs and res��rat�on in a sing��payment or in a series of progress payments as�he work is campleted. Unless an agreemen�is�rnade�n wri�ing�r Appl�cable Law requ�res xn�eres��a�e paid�n such insurance praceeds, Lender shal�not be required to pay B�rrower any �nterest ar earn�ngs on su�h proceeds. Fees for publ�c adjus�ers, ar other third par�ies, re�ained by Barro�ver sha��not be paid ou�of the�nsurance�raceeds and sha11�e the sa�e obliga�xan�f Borro�r�r. If th�res�orat�on or repair is not economically feasib�e or Lender's secur�ty would be��ssened, the insurance proceeds sha��be appx�ed�o �he sums secured by this �ecurity Instrumen�, vwhether ar nat then due, w�th the excess, �f any, paid t�B�rrower. Such insurance proceeds sha��b�app�ied�n the order pro�rided for�n SeG��on 2. �f Borr�wer abandans �he Pr�per�y, Lender may f�le, neg��iate and settle an�r a�aiiable insurance cla�m and r�lated matt�r�. If B�rrower does not respond vv�th�n 34 da�s to a no�i�e from Lender tha�.�he�nsurance carr��r has offered to s�ttle a claim, then Lender may nego�iate an�se��th��a�m. The 30-day periad v�r�l� begin when the na��ce�s g�ven. �n�i�her e�ent, ar�f Lender acquzr�s�h� Fr�per�y under Sect�an 22 or other�rise, B�rrower hereby ass��ns�a L�nder�a} Borrnwer's righ�s tn any insuran�e proceeds�n an a�m�un� nat to exceed�he amoun�s unpa�d und�r�he Nate or��is Security Instrumen�, and �b} any��her of Barrov�er's r�gh�s �other than the right to any r�fund of unearne�pre�m�ums paid h�Borrow�r}under all insurance pol�c�es cover�ng the Proper�y, �nsofar as such righ�s are app�icable to the�o�era�e of the Proper�y. L�nder rn.ay use�he�nsurance proceeds e��her to repair ar restore th�Proper�y ar to pay amaun�s unpaid under the Note or�his Secur�ty Instrumen�, vuh��her or no�then due. �. �c�upancy. Borrow�r shali accupy, es�abl�sh, and use t�e Proper�y as Borrower's princ�pa� residenc� w�thin 6D days after the execution of�h�s Securi��Instrumen�and sha�l cont�nue ta occupy�h�Praper�y as Barrovver's pr�ncipa� residence fvr a�Ieas�one�ear after�he date of occupancy, unless Lender o�herwise agre�s �n vvr��ing, vvhi�h�onse�t sha11 no�be unreasanabl�wi�hhe�d, ar un�ess e��enua�ing circumstances exist v�hich are beyond Borro�rer's contral, 7. Pres�rvatinn, Ma�ntenance and Protect�on of tne Pro�erty: Inspecti�ns. B�rrower sha�� no�destroy, damage vr�mpa�r the Proper�y, a�iov��he Proper�y to deteriflrate ar�ommi�vvaste on the Property. �Vhether ar nat Borrower�s resid�ng in the Praper��, Borr��rer sha��ma�ntain the Pr�perty in order�a preven��he Praperty fram deter�ara��ng or decreasing �n�a�ue due to i�s�onditian. Unless it is determined pursuan��o Sec�ion 5 tha�repa�r or rest�ration is no�e�flnomi�a�Iy feasi�Ie, Borr�v�er sha��promptly r�pair�he Proper�y if damaged�o avoid fur�her de�erxorat�on ar damage. �f�nsurance�r conde�m.nat�on proceeds ar�pazd�n connec��on with damag�ta, or�he�ak�ng �f, the Pr�per�y, Borrower shal� b�respansible f�r repair�ng or restoring the Proper��niy if Lender has re��ased proceeds for such purpa�es. Lender may disburse proceeds NEBRASKA-5ingle�amily-fannie MaelFreddie Mac UNfF�RM INSTRUMENT Farm 30�8�I�1 VMP[� VMPfitNEf�1302y Woit�rs#Ctuwer Financial Ser�€ces Page 7 0#17