2� 15�8822
<br /> �11 xnsur�Z�e p��zc�es requz�ed by L�xader and renewal� �f sueh policze� sha��be sub3ect�o Lender's right to
<br /> dxsapprov�su�h paii�i�s, �k�a�� inc�ud� a stand�rd m�rtga�e C�au�e, and sha�l�2�e Lender as m���age�
<br /> andlor as an�.dd�tiflnal��s�p�yee. Lenc�er sh��1�aav��he xi�h�to hold�he policzes and renewa��ertifxcates, Zf
<br /> r:ender requ�res, Borr�v�er shall prQmpt�y gi�ve to L�nd�r a�z�ecexpt� o�'pazd prez�uums and r���ewa�not�ces.
<br /> �f Barrov�ear ob�axns a��� foxr�.of�nsuranc�cov�rag�, ���oth���vise requir��.�y�.end�r, for�ar�aa��t�, ar
<br /> d�s��-u�t�on of, the Pr�p�r��, suc�.p�licy sh�ll inc��d� a s�an�ard m�rtgage�lause and sha�1 name Lender as
<br /> 7rn.ortgag�e andlar as an.addx�xona� loss payee.
<br /> �n th.e ev�n��f Ioss� B�rrow�r�ha��give pronlpt�ot�c��o�he insurance carrx�x ar�.d Lend�r. �end��r may
<br /> xx�.ake p�n�f of�oss if r�nt�ade prornpt�y by����z��wer. Uril�ss�ender and Ba�r�row�r oth�rwise ag�e�xn
<br /> wrx��ng, an.�r znsu.raz�.ce pra���ds, wh�ther�r�aca�th�unde��yxza��r�suranc�was x�quired�y L,�nder, shall b�
<br /> �ppxxed��res�or�txon�r xe�azr of�he Prapert�a �f�h�e res�or��ion ot repair is���nozx�eal�y f��si��e a.�d
<br /> �ender's seci��rxty is r�ot l�ss�z�ed. I�uring sucb r��axr azxd res�ora�ian periad, Lender shall hav�the rxgh�to
<br /> hn�d such�r�sura�.��procc��ds un�il Lender has h.ad ax�z appor�unity ta �nsp�ct suc�.Praper�y�� en�ure th�
<br /> work has b��n cox�r�p��t��.�o L���c�er's sat�s�ac��a�z, �rovz�.ed�hat such�nspectio�sha1�b�u��d�x�a���
<br /> promptl�r. Lend�r�na�c�.�s���°se proceeds for���r�pa.�rs ax�d r�s�oratian��.a sin�1�paym�n��r�n a ser�es of
<br /> progr�ss��ym���s �s t�e�o���s �omp�et�d. rJn��ss �za a��eement is ma�e xn urrit�rig or�4�p�zGa���L�w
<br /> requrres i�a�erest to�e�aaid.or�such insurance�aroceeds, L�zader sha�X not be requrzed to pay�oxzow�r any
<br /> inte��st or�a�.x�gs o�suc�i��oceeds. Fees fa�p�x�li.c adjusters, or other�hir�partX��, reta�ned b�r Barr�wer
<br /> shall nc�t b�paxd o�z� �f�hG insuxa�ce proce�ds a�d sha��be ihe s��e ob�iga�ioza of�or�rower, If�h�res�oration
<br /> �r reparr zs �.ot eco�aa�ni�al�y f�asibi�flr Le�.d��°'S securi�y would�e�essene�, the�nsura����ro�e�ds �hal�b�
<br /> a�piied to th�sums se���.x�d by���s �ecur�ty�r�s��u��.�nt, �he�h�r ar x�a�th�n due, w��h the e��ess, i�any,,
<br /> �aid���3a�����r. �uch �ns�r�r�ce p�o�eeds sha11 b� a�pl.i�d i��he a�r��r provided far in�ec�ion�.
<br /> �f Borraw�r aba�do�s�he�roper�y, Lend�r n1a��°���, r�ega�ia�e�nd se�tle aY.1y avai�ab�e insura�xce cZaxm and
<br /> relat�d mat����. �f B�rrawer�taes n��r�spomd��thxx�3�day� to a�.ot�ce fram�e�ader t�a�the insuxanc�
<br /> carri�r h.as affex�d�a s�t����.c�a�m, then��nd.e�r�.ay�Ggo��a�e and set��e t�a��lazm, Th�34�day p��xod�r���
<br /> beg�n wh��th�no�xc��s g�u��, �n either ev�n�, or�f.L�en�.er acq�xres t�ie prope�rt�r und�x Sec��an��or
<br /> o�herv�is�, Bar�ov��r her�l��r as�i�ns ta L�n���r�a�Barrav�er's r��hts�� an�r xx�surance proc�eds xn an am�u�.�
<br /> r�ot ta ���eed�h�amou�.�s u�apaid un�ex�he I�nt�o�thzs SeGuri�y Iris�ru��n�, au�d{b� any ather of
<br /> Bor��v�r�r's rzghts �ot�a����a��he r��ht to any r�f�nd o�'u�earn�d premi.ums paid Y�y�o��row�r�und�r axl
<br /> z�.suranc��o��cxes c�v��in�t�ie proper��, x�s��`a�r a� su�h rights are applx�abl��o the caverag�af the
<br /> property, �.en�er nr�ay use the�nsurance pxoceed.s e�ther to re�air or res�are t�e�ropeirty ar�o �ay arn.�u�xts
<br /> unpaxd und�r the Note�r�h�s Secu�x���n���um�n.t, v�h�th�r or na��hen due.
<br /> �, �ccupancy. �orro�v�r shall Qe�up�, estab�i��., an�.use the P�rop�r�y as F�or�ovve�'s prrn�ipa�r�sadence
<br /> wi�hin�� da�s af�e�th�execu�ion o�th�s Se�urity Lr�st�umen�and shali cont�nue�o o�cupy ��e Pr�per�y as
<br /> Bor�ow�r's�ri�.cipa�resxdenGe far a���ast on��ear af.ter the da�e of accupara.cy,un�ess Lender���i�rw�se
<br /> agrccs i�.W rzt�ng, whxc�.�cons�nt shall not�ae����asonab�y w��h.h�1d, or un.�ess�x�enua�x�.g��rGumstarices
<br /> �xis�which are beyond�3c�rr�,wer's co�trol.
<br /> 7o Preservatian� il�ainter��nc� and P�atection �f the i��op��ty; �ns�ecti�n�. Barrower sha1X nat destroyg
<br /> darr�age or i�npa�r�h��'ro�er�y, ail�w th�P�'��exty�� �e��riorate or Gommi���s�e�n�he Praper�y. Wh�ther
<br /> Ur nat Boxxc�w�r xs r�sxd`zn� �n the��oper�y, �orrower sha�l mainta�n�he Praper��in order���reven��he
<br /> Pr�p���y frarn de��rxr�zating or decreasxng i�a val�.�d.u�ta �t5 cand����n. U'���ss it i�determin�d pursuan��a
<br /> S�c�zox�5 �hat re�a��°or��s�ara�i�n is �ot eco�omiCa�Xy feas�ble, �orrower�ha11 prom�tl� repaz�r�he Fra�er��r
<br /> if�amaged to avc��d fur�h.�r de��rfora�xon�r dan�age. �f��surance or�o�dernnati�n.prace��� are paid xn
<br /> co�n�����n�i�h dan.�a�e�Q, or�he�a.��n�of� the Propert�, B�or�rov�er shali��responsi�I��ox rtpa�rxng or
<br /> restari���h�Pr�per��r only x�L�nd�r�ias rc��asec�pr�ceeds for such purposes, Le�der may disburse pro�eeds
<br /> NEBRASKA-Single��miEy-�7nnie M�el�redcii�M�,r.IJNIF�RM INSTRLIMFNT Forir�3�2�i�JQ1
<br /> VMP Q VMP6�NEy��3��y
<br /> Wolter�Kluwer Fir��ncial Ser�i��s Page 7 vf�7
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