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2� 1 �� 179 Ail insurance poli�ies requ�red by L�nder and renewa�s of such polic�es sha�I be subj�ct to Lender's r�gh��o di�appro�e such pol�c�es, shall include a standard mor�gage clau�e, and sha�l name Lender as mor�gagee andlor as an additional lass pa�ee. Lender sha11 ha�e�h�righ��o�old the po�icies and renev�ral cer�i�cates. �f Lender require�, Borro�ver shall prompt�y give to Lender a�l rece�p�s of paid pr�miums and r�newal noti�es. If Borrower obtains any form af�nsurance co�erage, no�otherv�rise required by Lender, for dama�e to, or des�ructifln af, the Proper�y, such pQiicy shaii inc�ude a s�andard m�r�gage clause and sha��name Lender as mortgag�e andlor as an additional �oss pa��e. �n the e�ent flf�oss, Borrower sha�l gi�e promp�no�ice�o �he insuran�e carrier and I.ender. Lender may make proof of Ioss if no�made promp�l��y Borrow�r. Un�ess L.ender and Borrower o�her�ise agre�in writing, any �nsurance proceeds, whe�her or na�the underiying insurance vcras required by Lender, shall be appl�ed t�restoration or repair of the Praper�y, if�he r�staration or repa�r is�cnnomi�a��y feas�b�e and L�ender's se�ur��y �s not�essened. During such repair and r�s�ora�ion period, Lender shal�ha�e the r�ght�o hoid such �nsurance proce�ds untii Lender has had an opportunity�o inspec�such Proper�y to ensure the v�nrk has be�n comp�eted�a Lender's sa��sfactian, pro�ided tha�such inspection shall be under�aken pramp�l�, Lender may di�burse proceeds f�r�he repairs and restoration in a s�n��e payment or in a ser�es of progress paymen�s as �he�ork is completed. Un�ess an a�reemen�is made in v�rit�ng flr Appl�cab�e Lav�r requires �n�erest�o be pa�d fln such �nsurance proceeds, L,ender shall not be required�a pay Borrower an� �n�eres�or earnings on such proceeds. Fees for publ�c ad�us�ers, or other�hird par�i�s, re�ain�d by Borrawer sha�� not b�pa�d ou�of�he insurance proceeds and shall be�he sole obiigatifln of Borrflwer. �f�he res�oration ar repair is not economicall�feasib�e or Lender's se�uri�y v�ou�d he��ssened, the insuran�e pro�eeds sha11 be appl��d t��he sums secured by this Se�uri�y �ns�rument, whether or n��hen due, w�th�he excess, if any, paid�a Borrower. Such insuran��proce�ds sha1�be applzed �n�he order pro��ded far�n Section 2. �f Borrow�r abandans the Proper��, Lender may ��e, nego�iate and s��le�ny available insurance claim and re�a�ed ma�ters. If Borrower do�s not respond within 3�days t� a notice fram Lender tha��he�nsurance carrier has offered to se��le a claim, then Lender ma�negotia�e and se��1e the c�aim. The 3�-day period w�ll b�gin v�rhen th�n�tice is gi�ren. �n e�ther event, or if Lend�r acquires the Proper�y under Se�tian 22 or otherwise, Borr�w�r hereb� assigns to Lender�a} Borrower's rights to any insurance procee�s in an amaunt not�o exceed the amounts unpa�d under�he N�te or�his Secur�ty�ns�rumen�, and �b� any other of Borrawer's rights �n�h�r than the right t� a�� refund�f uneatr�e�premiums paid by Borrower}under a�� xnsurance poI ic��s co�ering�he Property, insofar as such rights are appl�cab�e to the coverage of the Pr�perty. Lender ma�use th�insurance prace�ds e��her to repa�r or restore the Property ar to pay amoun�s unpa�d under�he Nate or�h�s Se�ur�ty�nstrumen�, whe�her or no��hen due. 6. �ccupancy. Borrov�rer sha�l o�cupy, establish, and use�he Proper�� as B�rro�er's pr�ncipa� residence v��h�n 6�da�s after the�xecu��on of�his S�curi�y Instrumen�and sha�i c�ntinue��a�cupy the Proper�� as Borrower's principal re�idence far at�east one�ear af�er the da�e of occupanc�, unless Lender otherwise agre�s in v�r�t�ng, vvh�ch c�nsen�sha��not be unrea�onably w�thheld, or un�ess extenua�zng c�rcumstances exist whi�h are beyond Borrovver's con�ro�. 7. Preservation, Ntaintenance and Protecti�n vf the Property: [nspectiflns. B�rrower sha�l no�de�tray, damage�r impair�he Proper�y, allow the Praper�y to det�riorate or cflmmit vvast��n the Proper�y. Whether or r�o�Barr�wer is resid�ng in th�Pr�per��, Borro�r�r sha��mainta�n the Pr�per��in order�o pre�en�the Proper�y from deteriarat�ng or decreas�ng in�ra�ue due ta �ts cand�t�on. Unless i� is determ�ned pursuan�to Sect�on 5 �hat repa�r or rest�rat�on is nat econflm�ca�Iy feasible, Borrower shall promptly repair the Proper�y �f damaged�� avoid fur�her de�eri�ra��n or damage. If insurance or cnndemnation praceeds are pa�d in c�n�.ect�on v�ith damage�o, or�he tak�ng of, the Pr�perty, Borrower sha�l be responsible for repairing or restoring the Proper��nly if Lender has released proceeds for such purposes. Lender may disburse proceeds NEBRASKA-Single Family-�a�nie Mael�redrfie Mac tJNI�QRM fNSTRUMENT �vrm 3Q28�14i VMP� VMPfiZNE3{'i 3a�� W�Iters Ktuwer Financial Ser�i�es Page 7 af 17