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201601637
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Last modified
7/23/2017 10:14:46 AM
Creation date
3/21/2016 10:42:03 AM
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DEEDS
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201601637
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� <br /> 2� 1 �� 1 �37 <br /> � <br /> � <br /> 1 <br /> f f � <br /> .l � 1 <br /> damage t�,a�des�zlxc�i�n of,the Proper�y,such po�ic�r sha�I includ�a s��.ndard m�r�gage��at�se anc�sha�l <br /> naxne Lender as m�r�gagee ar�dlor as an add���ona��oss payee. <br /> In�he eve����'�ass,Bnrrow�r sha��g�ve prom.p�no���e�o��.e insurance cart,ier a�d Lenc�er.Lender may <br /> mal�e p�oof of�oss if not made pramp��y by Bor�ower.L]�nless Lenc�er anc�Borrower o�he��wise agree xn <br /> wri�ir�g,any inst�rance pr�c�eds,whe�her�r�.ot�he t���.e�•�ying instxrance�was requzred hy Lender, sha�l <br /> l�e app��ed to res�ora�ion or r�pa�r of�he 1'roperty,�f the res�ora�ian or repair�s economica�ly feas�ble anc� <br /> Ler�der's security is n��Iessen�d. Dur�ng such repaxr and res�ora�ian pe�•ioe�,Lender sha���a�ave�he righ� <br /> ��ho�d such insl�ra�c���r�ceeds un�il L�nc�er has ha�.an oppar�.���i�y�o inspect such Proper�y�o ensure <br /> �he work has bee��ca�n��e��ct�o Le�zder's satisfa��zon,pr�vid�d tha�such inspec�io�shal�1�e und�rtal�er� <br /> pra�npt�y.Lencier rnay dis�t�rse procee�s for��.�repa�rs�nd restorat�on i�z a s.���g�e paymen��r in a ser�es <br /> of progress paymen�s as�he worl�,is comp��ted.IJnl�ss an a�re�m.en�is mad�in�vri��ng or Applica��� <br /> Lavv reqLiires i�l�eres��o b�paid o�such x�.suranc�proceedsy L�nd�r sha��no�be required�o pay Barrow�r <br /> a�.y in�erest or ear��x�.gs an such praceeds. F'ees Far�pub�ic adjl�s�ers, or o�he����.�rc��ar�ies,re�axx�ed by <br /> Box�r�v�rer shall r�ot be p�.ic�flt��of the insurar�ce praceeds�.nd.shall�e the so�e ob��gation of Boz-ravver. <br /> If�he res�ora�ion or repa�r is nn��conam�ca�ly Feasible or L,en�.e�'s security�v�u1c�he �essened,�he <br /> �nsurar�ce proceeds shal��e app�ied���he sL�ms sect�red by#:his Secur��y xns��.xment,whether o��nat��en <br /> c�ue,wit�z�he�xcess, �f any,paid to Bo��ower. Su�h inst�ran�e proceeds sha1�be applied in�he or�ler <br /> prov�ded far in Sec��o�.2. <br /> If Borrow�r abandons the Pr�pe�•��,Le�.der may�Ie,nego�iate and�ett�e any availa��e znst�rar�ce claim <br /> and relat�d mat�ers,If B�rrov�er does not respnr�d wi�hir�3�ciays to a notxce from Ler�der�hat�he ir�sl�rance <br /> carrzer has offered�o se����a c�ai��n,ther�Lenc�er may nega�ia�e and se��1��he claim. The 3��day per�od <br /> vv�il�begin vwhe�a.�he no��ce�s��ve�1. In ei�h�r event, �r�f Lend:er acqu�res the Px�perty un��r Sect�on 2� <br /> or��h�rwise,Borrower hereb��ssigns��Lender�a}Borrovver's r��h�s�o any�nsura�ce proce�ds��1 a�l <br /> am.aunt n��:to�xc�ed��.e axr�:aur��s unpaid unc��r�he No�e or�his S�c�.�rity Instrl.�mex��, and�b}a�.y o�her <br /> of Borrativer's r�gh�� �a�h�r��i�:�.�he right t�any refund of txnearned prerniums pa�d.by Borra��r�u�der <br /> �.�1 xnsur�,nce po�icxes c�verzz�g�h�Pr�per�y,insofar�:s st�c�i righ�s are�.pp�icable�o�h�co�erage af�he <br /> Property.Lender may u���h��ns�.irar�ce proceec�s ei�he�ta repa�r ar r�st�t e the Prop�rty or to pay�.maur��s <br /> t�n��id ur�der�he Na�e or�h�s S�cu���y�ns�z2�men�,�rhe�her or�:ot�her��L�e. <br /> �. ��cupancy�.Barrower sha�I occL�py�es�ab��sh,�nd t�se the P��per�y as Bor�ower's�rin�ipa�resi�ex�ce <br /> w��hin 6�days af�er t�.e ex�cut�on�f this Secur�ty Instr�.�men�and.s1xa11 con��nu.��o acctipy�he�'roperty <br /> as Bar�a�uer's pr�nc�pa�resi.dence for a�least one year a�ter�he da�e�f occupancy,L�x�less Lender a�he�•wise <br /> agre�s i�.wri�ing,�which consent sha��not be unr�asor�ably w�thh��d,or t�nless ex�enua���.g c�r�t�ms��r�ces <br /> , <br /> e��s�v�h�ch are beyond Borraw�r's con�ra�. <br /> 7. Pr�s�rvati�n, N1a�n�enan�� a�nd Pro�ec�ion of tF�e Property; In�p�ctivns. Borrow�r sha11 <br /> no��estray, damage or impair���Property, al��v5r�h�Prop�ar�y���.et�r�ora��or comm��wast��n th� <br /> PropErt�. �Vh��her or n��:B�rr�wer�s res�ding in the Prop�r�y,Bor�ravver sha��main�ain the P�ope�-�y�n <br /> order to preven��h�Pr�per�;y from de�er�ora��ng or�.�creasi-�g in valu� due to z�s co�di��o�..Unless���s <br /> de�erm��e�.pursuant�o S��ti�n 5�h�.�r�pair��•restara�iox�is r�ot eco�.ornx��.���r feasib�e,�o�-rower sha�l <br /> �rornpt�y repair�he Property if damaged�o avoid f�.i��ther deterzora�xon or d�.xnage. If insurance or <br /> co�demna�xon p��oceeds are paid in connection vUith c�axnage to, or�he talfxng of,�he Pro�er�y,Ba��rov�er <br /> shall be resp�nsible fo�~t•epairing ar res��ring�he Proper�y nn�y if Lender has released�roceeds for such <br /> HC�G-aa359 <br /> NEBRASKA-5ingle Fami[y-Fanni�MaelF�eddie Mac UNI�ORM INSTRUMENT Form 3D28 1lD� <br /> VM P� �7115 <br /> ►IVolters Kluwer Financial Services 2Q�GD�Q7�5.2;2:3�98-J�015QT�8Y Page 7 of�7 <br /> *2�4788��2 9* <br />
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