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. 2� 1 ��5149 <br /> All insurance polic�es required b}� L,�nder an�i renewals flf su�h pol�c�es shall b�sub�ec��o Lender's r�ght�� <br /> d��approve such policies, sha�� inc�ude a standard mortgage c�ausey and shall name Lender as mor�gagee <br /> andlor as an additionai ��ss payee. Lender sha�l have�he righ�ta hold the po�ic�es and renewa� cer�i��cates. �f <br /> Lender requir�s, Borrower shai�pr�mp�ly g�ve to Lender all rec��pts of paid prern�ums and ren�wai no�ices. <br /> �f�3arrower�btains any form of insurance cov�rage, no�otherwis�r�qu�r�d b� I.�ender, f�r damage to, or <br /> des�ruction of, the Proper�y, su�h p�lxcy shall include a standard mor�gag�c�ause a�ad shall name Lender as <br /> mortgagee andlor as an.add�tiona� �ass pa�ee. <br /> Zn the e�ren�af Ioss, Borr�vver sha��gi�e prom�t notice�o�h�insuranc�carr�er and Lend�r. Lender may <br /> n�.ake p�roof of loss if no�made prampt�y b�r B�rrower. Uniess I.lender and Barro�ver o�her�vise agre��n <br /> wri��ng, any insuranc�proceeds, wheth�r or rio��he underlying insurance was r�quired b� Lend�r, sha�� be <br /> appli�d�o rest�ratian or r�pair of the Proper�y, �f th�restoration or r�pa�r�s econornical�y feasib�e and <br /> Lender's security is no���ssened. During su�h repair and rest�ration period, Lender shall ha�ve�h�righ��o <br /> ha�d su�h insurance proceeds unt�1 L�nder ha�had an appor�u�z�ty to inspect such Proper�y to ensure the <br /> work has been camp�e�ed�o Lender's satisfactian, provided�hat such inspec�ion sha�I be under�aken <br /> prompt��r. Lender may disburse proceeds for�h�re�a�r5 and res��ration in a single paymen�or in a series of <br /> progress pa�ments as the work xs comp�eted. Unless an agreemen��s made in wr�t�ng flr Applicable Law <br /> requires int�rest ta be pa�d an such�nsurance proceeds, Lender shall not be required�o pay Barrawer any <br /> �nterest or earnings an su�h proceeds. F�es for pub�ic adjus�ers, or ather third part�es, retained by Borrower <br /> sha�� n�t b�pa�d out of�he insurance proceeds and sha11 be the s�le abi igation of Borrower. �f the restorat�on <br /> or r�pair is no�econ�m�ca�ly feas�b�e or Lender's secur�ty v�ould�e Iessened, �he insurance proceeds sha�l be <br /> applied�o the sums secured by�his Se�ur��y �nstrumen�, wheth�r or not then due, w�th�he excess, if any, <br /> paid to Borrov�rer. Such �nsurance prac�eds sha��be applied�n the order provided for in Sec�i�n 2. <br /> �f Borrow�r abandons �he Praper�y, Lender ma�file, neg��iate and se�tle any a�ai�able insurance claim and <br /> related matters. If Borrovv�r does no�respond within 3fl da�s��a n��xc�from Lender that the�nsu�ranc� <br /> carr�er has offered ta sett�e a c�aim, �hen Lender may negot�at�and s��tle�he��a�m. The 3�-day peri�d wi11 <br /> begin wh�n�h�nat�ce�s given. �n eith�r even�, or if Lender acquires the Proper�y under Section 22 ar <br /> fltherwise, Borrower hereby ass�gns ta Lender ta} Borrav�r�r's rig��s�o an��nsurance proceeds in an amaun� <br /> not�o e�ceed�he amaun�s unpaid under the Na�e or this Securi�y �nstrument, and�b} an�ather of <br /> Borrov�er's r�ghts �o�her�ian t�e right�� any refund of unearned prern.i�ums paid b�Borrawer}under al� <br /> insurance pol�cies covering�he Property, insafar as such righ�s are app�icabl�ta the co�erage�f�he <br /> Proper��. L.ender may use the insura�.ce pro�eeds�ifher�o repa�r ar res��re the Praperty or ta pay amounts <br /> unpa�d under�he Not�or th�s Secur�ty�ns�r�ment, whe�h�r or not then due. <br /> 6. t��cupancy. Borrou�er sh.a��occup�, estab��sh, and use�he Proper�y as Borrower's pr�ncipal residence <br /> v�ithin 6�da�s after the e�ecu�ion af�his Security �nstrumen�and shail c�nt�nue to oc�up�th+��'rn���y �� <br /> Borrower's principal res�dence f�r at�eas��ne�ear aft�r the da�e of ocGu�a�cy, unless Lender other�v�se <br /> agr�es�n wr�ting, which c�n�ent s�a�l na�be unreasanabl�wi�hhe�d, ar un�ess ex��nua�ing c�rcun�.s�ane�s <br /> exis�wh�ch are bey�nd Borrower's con�ro�. <br /> 7. Preserrration, Maintenance and Prat�ctian af the Prvperty; �ns�ectiflns. Borrower shail not destray, <br /> da�nage nr impa�r the Property, a��av��he Praperty to de�eriora�e ar carnmi�waste on the Praper�y. 'V�hether <br /> or not B�rrower is r�siding in the Froper�y, Borr��ver shali main�ain�he Property in order ta preven��he <br /> Pr�per�y fram deteriorating or decreas�ng in�a1ue due�o�ts�ondi��an. Unless x� is determined pursuant�o <br /> Sec�ion 5 �hat repa�r or restoration is no�ecanaxn�.ca�1y feas�bl�, Borr�vver shall promptl� repair�he Proper�}� <br /> if damaged�o avoid further de�eriora�ian ar dam.age. If insurance or candemnatian pr�ceeds are paid in <br /> �onnection vvith damage ta, or the taking af, �he Property, Borrower�ha��be resp�ns�ble far repairing ar <br /> res��ring the Property only �f Lender has released proceeds far such purposes. Lender may disburse praceeds <br /> N�BRASKA-Singfe Farrtiiy-Fanni�Mael�reddie Mac UNIF�RM INSTRUMENT Farm 3n2$�1�3 <br /> VMP(� VMP6(N�f(13Q2j <br /> Wvliers Kluwer Financiaf Ser�iCes P2��e 7❑f 17 <br />