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2� 1 ���371
<br /> damage�o,�x•c�es�ru�tior�of,�he Pr�per�y,�uc��pal�cy shall inc�ude a standarc�mor�gage clause and shall
<br /> name L�nder as nznt:tgagee andlor as ax�ad�i�iana��oss pa�ee,
<br /> In�he eve��af�oss,Borrov�er shal�g�ve pronlp�n��xce�:o the inst�rance car��er ar�c�Lenc�er, Len�.er may
<br /> m.a1{e proof of T�ss if n�t mac�e prom.p�ly by B�r�ovve�.�.Un�ess Le�.der and B�z•����rer��he��rise agree�n
<br /> vvr�-��ng,any�nst�rance proceec�s,whe�he�or not�he t�nderlyi�.g instxrance was requ�red by Lende�, sha��
<br /> be ap���e�.ta r�storatia�ar rep�.rr of�he Property,�f�he res�arat�o��r repa�r z�econamzcal�y�'eas���e and
<br /> Le��de�•'s secL�rity�s na�1�ss��.�c�. Dur�ng sL�.ch repair ar�d res�o��ation per�oc�.,Ler�d�r shal�11ave�he righ�
<br /> �o ha1�st�ch i�zsur�.r��e p�roc��ds t�n�il Lenc�er has h�.d an op��z��uni�y���ns�ec�such Property�o ensure
<br /> ��e�o�•�{has b�e�comple�ecl�a Le�lder's sa��sfact�on,provzc�ec�that such�nspec�iQn sha1�be tznc�er�al�e��
<br /> pr��np��y.Lend�r may di�burse proceec�s for�h�repa�rs and res�ora�ion i�l a si�lgle payrnen�o�•in a ser�es
<br /> af progress paym�n�s as the�vo�l�is c��p�et��.Un�ess an agreernen�is��nad���.writing or Applicable
<br /> �,aw�equ.i�es�zl��res��o be p�.i�on such inst�ran�e proC���.s,Le�der sha��not�e r�quired to pay Bo�•rowe�r
<br /> a�1y int�res�flr�a��ain�s on su���pracee�.s.Fe�s fflr�t�blic acij�.�sters, or other��Zird par�i�s,re�aine�by
<br /> B��-�o�v�r sha1l not be��.�d ou�of�he insur�,nce proceec�s ar�d s�.a11 be�he so�e obl�ga�iox�af Bax�raVver.
<br /> If t�e r�s��ra�i��or re�air is r�o�ecor�nmicall.y feas�ble or Le�der's secu�:i�y wflu�d be �essened,the
<br /> znsuz•a�ce pro�eeds sha�l be appl�ed�o the sums secut�ed by�h�s Securi�y Ir�s��.�ment,whetllez:nr not�hen
<br /> due,�i���the excess, �f any,paid��Bnrrow��, S11C�1 II1Sttt'ance prnceeds sha�l be applzed i��he�rder
<br /> provxd�d fo��i�Sectio�2.
<br /> If Bo��rower aban�.ans�he Prap���y,Lend�r n�.ay file,ne�o�zate and set��e a�y avai.�able inst�r�nce c1�.im
<br /> �.nd relat��mat�ers.If Bor�,flv�r�r does r�o�r�sp�n�.�vi�hin 3�days�n a r�ot�c�from Lend�r�hat the insurancE
<br /> �ar��ier has �ffered to s��t��a c�a��n, �hen L�r�der�nay nego��a�e�.�.d set�Ie���e c�airn, T�ae 3D�c�ay peri�d
<br /> wi��beg�n when�he no�ice is give�Z. I�e��her event, or if Lend�r acc�uires�he Property u�lder Sec��o�l�2
<br /> or oth�rwis�,Barrov�ex hereby�ssigns�o L.erid�r�a}Borro,w�r's r�gh�s�o any ins��ran�e proceeds xn a�i
<br /> �:m�ur��zlot�o ex�eed�h�am�u�l�s u�pa�d ur�c�er�he No�e ar this Security Ins�ru��nen�, and�b} �.ny�the�r
<br /> of B�zrov�er's r��hts (other��.�.�z the x�ght to �.�y r�fu.nd of L�ne�.rn�d pr�m�ums p�.ic�.by Barrower�und�r
<br /> all inst�ra�l�e pfll�cxe� �o��ring�he Property,insaf�.r as such r�gh�s are ap���cable ta the cover�,ge of�he
<br /> P�oper�y.Le��de�rnay us�the��.stirance praceeds ex�her ta repair o�res�ore the Prop�rty or�o p�.y am�u�z�s
<br /> unpaic�u�nd�r th�Not���.•this Security Ir�st�2�mer��,vv�let�ie�•�r r�o��hen dL�e.
<br /> ��C]��upancy.�3orr�v�rer shall accl�py,�5��,�]�15�1,a�d�.�se�he Prapez•ty as Bo��'oyver's pr�r�cipal r�szdex�ce
<br /> with�n�� day� af�er the execu�ion o��l�is Security Ins�rume�t and shall con��n�:�e�o acct�py th�Pi�oper�y
<br /> as�arrowe�'s pr��.cipal resi�.e�.ce for�.��eas�o�.e year af�er�he date of occupancy,ur�less Lender othe�w�se
<br /> agrees ir��rr����.g,�r�rch con�ent shall�o�be�.inre�snna�ly w��h�eld,or un�ess ex�cni�ai:ing cir�ums�ances
<br /> �xis�v�hich are bey�nd Barrower's con�rol.
<br /> ?� IPr�ser�a���n, I�aNnte�anc� and �ra�����on �f the �roper�y; Inspe�t�on.s. B��r�wer shall
<br /> r�o�des��oy, c�a�n�.��o�•irn.pai��lle l�r�p���y, �.�lo�v�h�Prop�rty to de�er��ra�e or commi�tivas��on�he
<br /> Proper�y. �he�:her�r�o�F3orro�ver�s residir�g�n�h�Prope�y,Bor�•o�ver shall ma�n���n the Prope�-ty ix�
<br /> orcl.er to p�eve�lt the�rope�y fr�zn deter�ar�.ting o�'��C�'��.51I���.�.1 V�.Il.l�C�.11���1�S Ca11C�.1.�1.n11;I1�I�ss i�is
<br /> de�ermix�ed pu�st�an��o S ec�xon 5 �ha�rep�.ir���res�or�.tian is x1o�ecar�o�ni�a��y fe�.sible,B o��'awer sh�.l�
<br /> promp�ly r eparr�he Prop�r�y�f d�.magec��❑ �:vo�d f�.��.��zer de�eriara�ion ar damage. I�ir�sur�.r�ce or
<br /> cond.exnna�ion pr��eeds ar�pa�d in connec��or�v�xth daxnage to,o��he�a��ing of,�he P�•operty, Boz-z ovver
<br /> shall be 1•espons�bl���r repairing or�ies�oring;�he Propet�y nn�y if Ler�de�has�•eleased proceeds fot�si�ch
<br /> HCFG-�Q359
<br /> NEBRA5KAw5ingle�amify-Fannie Ma�lFreddie Mac UNI�nRM 1NSTRUMENT �orm 3D28�14�
<br /> VMP�
<br /> �7115
<br /> Wolters Kluwer Finar�cial Se�vices ���5Q�OT�5,2.�,329�-J2Q�5�728Y Page 7 af 1 T
<br /> *26�977'�E216*
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