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2� 1 ��� 189
<br /> nat be exerc�sed unr�asanably. Lender may requxre Borrow�r to pay,in�annec�ion�i�h this Loan, e��her: (a�a one-
<br /> time charge for flood zone de�erminat�on, cert�fication and trackin�ser��ces; or�b�a one-time charg�for flood zone
<br /> determina�ion and certi�ca�ian services and subsequent charges each time remappings or sxmilar chanaes occur tivhich
<br /> reasona�bly mzgh�affect such deternvination ar certi�cation. Borrower shal� a�so be respons�b�e for�he payment of
<br /> any fees imposed by the Feder�.i Emergency Management A�ency in cflnnect�an with the review af any fload�one
<br /> determ�na�ion resu�ting frflm ar�obj ection by Borro�er.
<br /> If Borrower fails to mainta�n any of the cov�rages descr�bed above, Lender may obtain insurance coverage, at
<br /> L�nder's op�.on and Borro�rer's expense. Lender is under no obl�gation t�purchase any par�icular type or amoun�
<br /> of cav�rage. Ther�fore, such�overage shal� cover Lender, but mi�h�or might not protect Borrower, Borro�ver's
<br /> equity in�he Proper�y, or the contents of th�Property, aga�nst any risk, hazard ar��abx�xty and m�.ght pro��de greater
<br /> or Iesser coverage than was pre�iou.s�y xn�ffect. Borrower acknawledaes that the cnst of the insurance coverage so
<br /> obta.ined migh�signif�cantly exceed�he cost of insurance that Borro�uer cou�d have obta.ined. Any amounts d�sbursed
<br /> �by Lender und�r this Sect�on 5 shal�become additional debt of Borrower secured by this Security Instrument. Thes�
<br /> amounts sha�� bear interest at the Note rate from the da�e�f disburs�ment and shall be payabie, with such�nteres�,
<br /> upon no�rce from Lender to Borroujer requesting payment.
<br /> Al� �nsurance polic�es required by Lender and renewals of su�h pti���ies sha�� be sub�ect to Lender's right to
<br /> dxsappr��e such policies, shall include a s�andard mortgage�lause, and sha��name Lender as mort�agee andlor as an
<br /> add�t�ona.�loss payee. Lender sha�i have the right�o ho�d the policies and renewal cert�f-�ca�es. If Lender requ�res,
<br /> Barrower sha��promptly g�ve t�Lender alI rece�pts of paid premiums and r�ne�val notx.�es. Zf Borrower obta.�ns any
<br /> f�rm of�nsurance covera�e, not o�herw�se requ�red by Lender, far damage ta, or destruCtion of, th.e Prop�rty, such
<br /> po�x�y shall includ� a s�andard mortgage c�ause and sha�X name Lender as m.ortgagee andlor as an add.ztzona� �oss
<br /> payee.
<br /> In the e�rent of loss, Borrotiver sha��g�ve prompt no�xce ta the insurance carrier and Lender. Lender may make
<br /> proof of loss if not made promptly by Borrower. Unl.ess Lender and Borrower otherwise agree in�uri�.ng, any
<br /> insurance proceeds, whether or not the underlying insurance was requ�red by Lender, shall be applied to restoratian
<br /> or repazr of the Property, if the restorat�on or r�pair is econom�cally feasib�e and Lender's security�s not lessened.
<br /> Durin�such repa�r and restoration period, Lender shall have the righ��o h��d such znsurance prQceeds untz�JLender
<br /> has had an opportun�t� to �nspect such Pra�erty to ensure th.e tivork has been comp�eted to Lender's satisfaction,
<br /> prov�ded that such znspe��.on shall be under�aken promp�ly. Lender may d�sburse proceeds for the repairs and
<br /> restorat�on in a single paymen�ar�n a series of probress paymen�.s as the�vor�is comp�eted. Unless an agreement
<br /> �s made in writing or App���able Law requires in�erest to b�pax.d on such insurance proce�ds, Lender sha�I not be
<br /> required to pay Borrower any rnteres�or earnings on such proce�ds. Fees for pu�iic adlust�rs, or other th�ird pax�ies,
<br /> reta�ned by Borrotiver shall not be paid�ut of the insuran��praceeds and shali be the sole obligat�on �f Forro�ver.
<br /> If the r�storat�an or repair is not�conomi.cal�y feasible or Lender's seCuri�y u�ou�d be Iessened,the insurance proceeds
<br /> sha.Il be appl�ed�o�he sums se�ured by this Security rnstrumen�, whether or no�then due,w�th the excess,if�.n.y,pa�d
<br /> to Borrower. Such�nsurax�ce p�oceeds shall be appl�ed�n�he arder provided for in Sec�.on�.
<br /> If Borrower abandon.s the Pr�perty, Lender may fiXe, ne�otia�e and set�Ie any ava.i.�ab�e xnsurance c�a�m and
<br /> related matters. If Borro�rer does not respond w�thin 3�days to a nat�ce fram Lender tha��he insurance carr�er has
<br /> �ffered to set�Ie a c�azm, then Lender may n�g�t�a�e and settle the claim. The 3�-day period v�r�I� be�in when the
<br /> no�ce is gx�en. In ei�her even�, or�f Lender acquires�he Proper�y under Sec�ian 2�ar o�herw�ise, Borrotiv�r hereby
<br /> assign.s ta Lender�a�Borrnwer's righ�.s to any insurance proceeds in an amoun�not to exceed the amoun�s unpa�d
<br /> under the No��or�us Se�urity Instrumen�, and�b�any o�her of Borrativer's rights�other than the right�o any refund
<br /> of unearned pr�miums paid by�3orrau�er}under al�insurance policxes co�ering the Pro�perty, insofar as such rights
<br /> are app���able to the coverage of�he Praperty. Lender may use�he insurance proceeds e��her ta repair or rest�re the
<br /> Property or to pay amounts unpaid under the Nate or thi.s S�curity�n.strumen�, whe�ier or not�h.en due.
<br /> 6. �ccupancy. Barrourer shall accupy, establish, and use the Proper�y as Borrower's prin��pa� residence
<br /> tivx�hin 6�days after th.e execution of this Security Instrument and sha.��cnnt�nue�o accupy the Property as Borrower's
<br /> princxpal resid�nce for a�Ieas�one yeax after�he date of occupancy, unless Lerider o�herwise agrees rn urrit�ng, which
<br /> fVEBRASKA-5�ng[e Family--Fannie MaelFreddie N[ac IJNIF�RM [NSTRUMENT- MERS ������ �
<br /> Form 3a28 '�10� Page � o� 15 wwvv.�vcmaglc,ca�
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