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2� 1 �� 1577 natice from Lender to Borrawer requesting paymenfi. A!� insuranc� pol�Gies required by Lend�r and renewa�s of sucM poli�ies shafl be sub�ect fio Lender's right ta disappro�e su�h pol�c�es, shall �nclude a standard mortgag� clause, and shafl name Lender as mort�agee andlor as an additional Ioss payee. Lender shal! ha�e the �ight ta hold the policies and renewal certificates. If Lender requ�r�s, Borrower shall promp�ly gi�e to Lender a!� receip�s of paid premiums and renewal notices. lf B�rrow�r obtains any form of insu�ance co�erage, not atherwise �equired �y Lender, for damage to, or des�rucf�on af, �he Property, such policy sha�l inclu�e a standard mor�gage c�ause and shall name Lender as mor�gagee andlor as an additiona� �oss payee. ln �he e�ent of loss, Borrower shall gi�e p�amp� nofice to the insurance carrie� and Lender. Lender may make proof of lass if n�t made prom��ly by Bvrrower. Unless Lender and B�rrower o�herwise agr�e in wr�ting, any insurance praceeds, wheth�r or not�he unde��ying insuranCe was �equi�ed by Lender, shafl be applied to restora�ion ar repair of the �'��perty, if#he restoration or repair is e�onomica�ly feasible and L�nder's security is na� less�ned. During such �epa�r and resf�ra��on period, Lender shall haWe th� right to hold su�h insuran�� proceeds until Lender has had an opp�rtunity to inspect such Proper�y fo ensur� �he wark has been comp�eted to Lender's sa�isfac�ion, pro��ded tha� such inspection sha�l be undertaken promp�ly. Lend�r may d�sburse proceeds for�he repairs and res�oration in a sing�e payment or in a series of progress payments as the wvrk is comp�eted. Unless an agreement is made in wri�ing or A�plica�le Law re�ui�es in�erest to �e pa�d vn such insuranc� proceeds, Lende�shall na�be required t� pay Barrower any interes� vr �arnings on such proceeds. F�es f�r pubi�� adjusters, ar �ther th�rd parties, reta�ned by Borrower shafl na� be paid out of�he insuran�e proce�ds and sha[1 �e the sole o�ligati�n of Borrower. If - �he restorat�vn or repair�s nat economically f�as�ble ar Lender's se�urity wou�d be 1��ned, the insurance proceeds shal� be app�ied ta the sums se�ured by this Securi�y Instrumen�, whethe� or not then due, wi�h �he excess, if any, paid �v Borrower. Such insurance praceeds shall be applied in the order pravided for�n S�ctifln �. If Borrower abandons the Pr��erty, Len�er may fi�e, negotiat� and set�f� any a�ai�able insurance claim and related maiters. If Borr�wer does n�t resp�nd vvithin 3� days ta a na�i�e from Lender that the �nsu�anG� car�ier has�ffered �a settle a claim, then Lender may nego�iate and settle fih��laim. The 3��day pe�iod will beg�n when �he notice is �i�en. �n �i�her e�en�, vr i�Lender acquires�he Proper�y under Sec��n 24 �r afiherwise, Borrawe� hereby assigns to Lender �a} Borrower's righ�s fo any insurance proceeds in an amoun�nat to �xceed fhe am�un�s unpaid und�r the Note or this S�curity lnstrumen�, and �b} any vth�r af �orrower's r�gh�s ��ther than �he �ight to any refund of unearned premiums paid by Barrower} under all �nsuran�e pal�cies cv�ering the Property, insofar as such r�gh�s a�e appiicable to �he co�erage of fhe Property. Lender may use the insurance proceeds ei�her #o r�pair or res�ore the Proper�y or to pay amounts unpaid under�he No�e or th�s Secur��y lns��ument, whether or not then du�. 6. ��cupancy. Barrower sha11 �ccupy, establish, and use �he Property as Borrower's principal residence within �D days after the execu�i�n af this 5ecurity lns�rumen� and shall �on�inue to occupy the Praper�y as Bvrrower's prin�ipal r�sidence far at�east ane year afte��he dafie of occupancy, unless L�nder a�hennr'rs� agrees in writ�ng, which c�nsent sha�i not be unreasona�ly withheld, or unless �xtenua�ing ci�cumstances ex�st which are beyflnd Borrnwer's cvntro�. ?. Preservation, Maintenance and Pr�tection af the Property; �nspect�ons. Borrower shal� not des��oy, damage ar�rnpai�th� Property, alfow�h� Pr�perty�o deteriorate or commit was�e on�h� Pr�perty. Vllhether or no� Borrower is re�iding in �he P�op�r�y, Bvrrow�r sha1� main�a�n th� Property in order t� pre�en�#he Property from de�e�iora�ing or decreasing in �alue due t� �fis cond�tion. Unless i� is d�termined pursuan�to Section 5 that repair or res�oration is not ecanomi�ally feasib�e, Borrower shal! p�omptly repair the Properfy if damaged ta a�oid further deteri�ration or damage. �f insu�ance or�ondemnati�n proceeds are paid in connec��on w�th damag� to, or �he �a�ing of, �he Proper�y, Borrower shall be responsible far repa�ring or restoring the Property only if Lende� has released proceeds far �u�h purposes. Lend�r may ,k 3 p ❑ ❑ � � 5 4 D S �+'� � �i C M 4 R T D D T � NEBRASKA--Sir�gfe Famil�--UNIF�RM INSTRUMENT MEF�S Accenture Mortgage Cade�ce Dacument Center U Page 7�f 15 3773 0�1`14