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2� 1 ��3�21 amounts sha�1 b�ar int�rest at the Note rate fram the date of disbursement and sha��be payable,with such interest, upon n�tice from Lender ta Borrow�r requesting payment. All insurance policies required by Lender and renewa�s of such pa�ici�s sha�l be subject to Lender's right to disappro�e such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee andl�r as a.n additianal loss payee.Lender shall have the right to hald the poli�ies and renewa�certificates. If Lender requires,Borrower shall promptly gi�e�o Lender ail receipts of paid premiums and renewal notices. If Borrovver obtains any form of insurance co�erage,not otherwise required by Lender, for damage tn, or destructian af,the Praperty, such pol�cy shall include a standard mortgage ciause and shall name Lender as mortgagee andlar as an additional loss payee. In the event of loss,Borrower shall gi�e prompt no�ice to the insurance carrier and Lender. Lender _ may make proof af l�ss if not made promptly by Borrower. Unl�ss Lender and Borrower atherwise agree in wri�ing, any insurance praceeds,whether ar not the under�ying insurance was required by Lender, sha�i be applied to restoration or repair af the Properry, �f the restoration or repa�r is ec�nom�cally feasible and Lender's secur�ty is not lessened. I]uring such repair and res�oration period, Lender sha�l have the r�ght to hoid such insuran�e proceeds until Lender has had ar�opportunity ta insp�ct such Property tn ensure th�wark has been cnmp�eted to Lender's satisfaction,pra�ided that such inspection shall be und�rta.ken promptly. Lender may disburse praceeds for the repairs and r�storat�on in a single payment ar�n a series of pragress payments as the w�rk is Completed. Unless an agreem�nt is made in writ�ng�r Applica�le Law requires interest to be paid on such insurance proceeds,L�nder shall not be required ta pay Borrower any interest nr earnings an such prac�eds. Fees for public adjusters, or other third parties, retained by Borrower shall not he paid out af the insurance proceeds and shal�be the sole obligatian of B�rr�wer. If the restoration or repair is n�t ecanomically feasihle or Lender's security would be lessened,the insurance praceeds shal�be applied to the sums secured b�th�s Security Instrument,whether or not then due, with the excess, if any, paid to Borrower. Such insuranc�proceeds shall be applied in the ord�r provid�d for in Section�. If Borr�wer abandans the Properfiy, Lender may file, negotiate and settle any a�a�lable insurance claim and related matters.If Borrower daes not respond within 3�days ta a natice from Lender that the insurance carrier has offered to settle a claim,then Lender rnay negatiat�and settle the claim. The 3�-day per�ad will begin when the notice is gi�en. In either event, or if Lender acquires the Prop�rty under Sect�an 22 �r otherwise,Borrower herehy assigns to Lender(a�Borrower's r�ghts to any insurance proceeds in an amount not to exceed the amounts unpaid und�r the Note�r this Secur�ty Instrument, and(h�an�other of Borrovver's rights�ather than the right to any refund of unearned premiums paid by Borrower}under aIl ir�surance p�licies covering the Prop�rty, insofar as such r�ghts are applicable t�the co�erage of the Property.Lender may use the insurance proceeds either t�repair or restore the Property or to pay amounts unpaid under the Note or this Secur�ty Instrurnent,�vhether or n�t then due. G. �cc u pa ncy. Borrower shal�occupy, establish, and use the Pr�perty as Borrower's principal residence with�n 5� days after the execution of th�s Security Instrumen�and shall cflntinue to occupy the Property as Borravver's principal residen�e for at least one year after the date�f oCcupancy, unless Lender otherwise agrees in vvrit�ng,which consent shall not be unreasonably withheld, ar unless extenuat�ng circumstances�xist which are beyond BQrrovver's control. HCFG-0�359 NEBRASKA-5ingle Family-Fannie MaelFreddie Ma�LINIFDRM INSTRLIMENT Fvrm 3�2811�1 VMP�] 1�115 Vl�olters Kluwer Fir�ancial Servires 2096�5D4"{5.3.2.3509-J2�95103�Y Page 7 af 17 * 9 7 'I 5*