Laserfiche WebLink
2� 1 ���288 <br /> damage��,or destruc�i�n af,�h.�Proper�y�su�h pol�cy sha�l in�lud�a standa�-ci mor�gage c�at�se and sha1� <br /> name Lender as mortgagee a�dla�•as an ac�di�innal loss payee, <br /> In��.e ever��of 1�ss,Borrower sha1X g�ve pramp�r�otice to the znst�rance�arz•�er a�.d Le�der,Lender may <br /> ma�{e pro�f of loss if�.o�i-nade promp��y by Borrower. Unless Lender a�d Bor�ower a�he���se agree i� <br /> v�ri�ing,any instirance proceeds,whe�her or nn��he t�nc�er��ri�.g ins����ance was reqt�i�•ed�y L�nders sha�l <br /> be appl�ed�o res�o�iat�on�r repa�r of th�Pr�perty,if����restoration or repa�r xs e�o�om.�cally f�as��le and <br /> L�nc���'s se�i�ri�r�s na�1ess�ned., Du�zng such rep�.ir and rest�ra�io�pe�i�d,Lender shaXl�av�the rxgh� <br /> ��ho1c�such�nsurance�roce�ds t�n�:�l L�nd.er has had an apport���li�y to��.s�ec�such Property�o enstxre <br /> �h�worl{has-b�e�z comp�e�ec��o L,ender�s sa�isfac�ion,provi�.�d�ha�st�ch��spec�ion shall be t�zzder�al�en <br /> promp�ly.Lende�•Inay disb�:Irse pr�C�eds for the repairs�.r�d res�ora�ion ir��.s��.g�e payment�r in�.series <br /> of pr�gress payments as the�vor���s c�mpXe��d. Unless an agr�emen�is�nade xn wr��ir�g or�ppl�ca��e <br /> Law�equ�res interest�n be paid ox��l�ch insura�.ce pro���e�s,L��l�.�r sha�l no�be requ�red.�o pay Borrower <br /> a�y i��er�s�ar e�.z�zin�s or�su�h pro���ds.�ees for pt�b��c ad�us�:e�s, flr o��aer third p�.rties,�ietained by <br /> Borrower sha�l�.o�be paid�ut�f-�he�x�si�rance pr�cee�.s anc�shall���;h�so�e ob�ig�.�zon�f Borrower, <br /> If the r�s�ara�ion or rep�.xr zs not ec�nomical�y feasib�e or Lend�r's s�cu�it�waL�ld be less��ed,�he <br /> insuranc�proceeds sha11 be applied�a the sL�ms secu��ed by this Securz�y Instt~�imer��,whe�l�er or r�o��her� <br /> c��.ie,,Wi��the�xcess, iF any,paid to BorrovUer. Suc��nst�ran�e proceec�s sha11 be ap�lied i�.�he order <br /> pravided for�n Sec�ion�. <br /> If Bo��ower abanc�ans the Property;Ler�d�r�.�a�r f��e,neg��ia�e ar�d set�le ar�y avai�able�nsurance cla�m <br /> and�r���.te�.matters.If B�a�rower does no���spond w��:hin 3 D c�ays�o a not�c�from Le�.c�.er�hat�he�nst�rance <br /> car��ier has offe�ed�o se��1e a c1a�m, then L�x�.der may neg��zate and se��l��he claim. T`��e 3��day per�ad <br /> wi11 beg�n when the�a.o�ice is g�ve�1. I�.e��her even�,or if Lender acqt��res the Prope�ty under Sec�ion 22 <br /> ar fl�her��s�,Borrov�er here�y ass�gns to Lender�a}Borro�ver's righ�s ta any�nst�rar�ce praceec�s i�a� <br /> ar�oun�nof:tn exceed�he arriou��ts unpa�d unc�er the No�e or��.�s Sec�rity I�.s�r�.�m�r��, anc��b�any ather <br /> of}3orraw�r's r�gh�s �o�h�r tha��.��.��r�g����a �.r�y refund of unea�rn�d prerniurns p�.�d by Borr��ver�u�der <br /> �.Il ins�.ir�,nce pa���xes covering�he�rap�rt�, ins�f�.r as sL�ch righ�s are�.ppl�cat�le ta��e cov�rage of�he <br /> Prop�rty.L�r�der may use the i�1�t��•azzce pra�eeds either�o tepair or restore�he P�aperty or t�p�.y amoun�s <br /> t��.�a�c�L��nd�r�he No�e or t�is�ect�ri�y Instx��men�,�vhe�l�er or�a��hen d.t��. <br /> �. �c�u��n�y.B�rr�wer sha1�occ�.�py,es�ablish,a�d use�he Proper�y as L�orx�wer's prin�ipa�residence <br /> within dD days af�er��e exect�t�o�of��a�zs Sec�.�rity Ins��.�men�az�d sha11 co�.�znue to occt�py�he Property <br /> as B�rrovver's��`inczpal resi�.ence�or a�c Zeas�one ye�r after�he c�a�e of occupa�xey,tii�less Lender�th�rw�se <br /> agxees zn wri�ing,vvhich c�nsen�sha�1 r�o�be�.�nreasonably vvi�hhe�d,or t��.Iess ex�e�.t�ating ci�ct�ms�ar�ces <br /> e�is�wh�ch are beyonc�B or�rov�er's con�rol, <br /> 7'. F're��rva�i�n, �dlair���n�nce �nd �r��ectian of the Praperty; Insp�cti�ns. Borrov�rer sha�I <br /> r�o�d�stro�,dazn�.ge ar ixn�air���Prop��ty, al�oW the Property�o�.��er�.�ra�e o�cammi�v�ras�e or��b�e <br /> Pr�p�r�y� �Vhe��ler o��Zo�Borro�r�r is r�siding in the Proper�.y,Bo�rower shal�ma����.in the Prop�r�y i�. <br /> �r�.er�o pr�Ven��he Prop�r�y.from d����iarating o�•�ecreas�r�g in v�.�ue due�o i�s c�ndi�ion,Ur�l�ss it�s <br /> de�erm�n�d pt�rsu�.n�ta S�c�zoxz 5�h�.�repair fl�r�s�ora��or��s no�eco�om�cally feasxb�e,B�z-rower s�z�X� <br /> pr�mp��y r�p�.�r�he Property�f d�.xn�.ged to �:void fii�-�her d.e�erior��io7�or d�:xnage. If xnsura�.ce or <br /> c�ndemna�ion proceeds are pai�.�n connec�ion wi�h darr�age to, o�the�alfxng of,t�e Prop�rty,B��-rower <br /> shal�be responsible fo��r�pairing�r���st�r°ing�he Pr�perty on�y if Lender has t�eleased prace�ds fo��such <br /> HGFG-40359 <br /> NEBRASKA-Single�amily-Far�nle MaelFreddia Mac UN1�'nRM INSTf�UMENT Form 3�28�la� <br /> VMP� a7l�5 <br /> Walters Kluwer Finanaial Servlces Z��5���1�5.2.2,3298-J2a�5a728Y Page 7 of�7 <br /> *38�833 62�5* <br />