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2� 1 ��8481
<br /> not be exercised unreasanabty. Lender may reyuire Borrower to pay, in connection with this Loan, either: (a}a one-
<br /> time charge for flood zone determinati�n, certif ca�ian and tracking ser�ices;or�b}a ane-time charge for flood zone
<br /> det�rmination and certificatian s�r�ices and subsequent charges each time remappings or simi�ar changes occur which
<br /> reasanably might affect such determinatian �r certif cation. Borrower sha�� also be responsible far the paym�nt of
<br /> any fees imposed by the Federal Emergency Management Agency in connection with the re�iew of any fiood zone
<br /> determinatian resulting fram an objection by B�rrawer.
<br /> If Borrawer fai�s�o maintain any of the ca�erages described abov�, Lender may abtain insurance co�erage, at
<br /> Lender's aptivn and Borrower's expense. Lender is under no nbligation to purchase any particular type or amount
<br /> of coverage. Therefore, such co�erage shai� cover Lender, bu�might or might not prat�ct Barrower, Borrower's
<br /> equity in the Property, or the contents af the Property, against any risk, hazard or liability and might pro�ide greater
<br /> or lesser co�erage than was pre�iously in effect. B�rrawer acknowledges that the cost of the insurance ca�erage sa
<br /> obtained might significant�y exceed the c�s�of insurance tha�Bnrrower could have obtained. Any amounts disbursed
<br /> by Lender under�his Sectian 5 shall�ecome additional debt of Borrower secured by this Security�ns�rument, These
<br /> amounts shall bear interest at the Note rate firom the date of disbursement and sha�l be payable, with such interes�,
<br /> upon notice from Lender to Barrower requesting payment.
<br /> All insurance pvlicies required by L�nder and renewats of such poticies shatl be subj ect to Lender's right to
<br /> disappro�e such p�licies, shal�include a standard mortgage ciause, and shall narne Lender as martgagee andlor as an
<br /> additional loss payee. Lender shall have the right�a hold the policies and r�newal certificates. If Lender r�quires,
<br /> Borrower shal�promptly gi�e to Lender all receipts of paid premiums and renewal natices. If Borrawer abtains any
<br /> form�f insurance co��rage, not otherwise reyuired by Lender, for damage to, nr destruction of, the Property, such
<br /> policy shall include a standard martgage clause and shall name Lender as mortgagee andlor as an additiona� loss
<br /> payee.
<br /> In the e�ent of loss, Borrower shall gi�e prampt notice to the insurance�arrier and Lender. Lender may make
<br /> proof of Iass if not made pramp��y by Borrawer. Unless Lender and Barrower othervWi se agree in writing, any
<br /> insuranc�proceeds, whether or nat the underlying insurance was re9uired by Lender, shall be appiied tv restoration
<br /> or repair af the Property, if the restaration or repair is ecanomically feasible and Lender's security is not lessened.
<br /> During such repair and restoration per�od, Lend�r shall haye the right to hold such insurance proceeds until Lender
<br /> has had an opportunity to inspect such Pro�erty tn ensure the work has been cornp�eted to Lender's �atisfaction,
<br /> pro�ided that such inspection sha�t be undertaken promptly. L�nder may disburse proceeds for the repairs and
<br /> restora�ion in a single payment or in a series of progress payments as the work is comp�eted. Uniess an agreement
<br /> is made in wri�ing or Applicable Law requires interest to be paid on such insurance proceeds, Lender sha11 not be
<br /> required ta pay Borrower any interest or earnings on such pro�eeds. Fees for public ad�usters, ❑r other third parties,
<br /> retained by Borrower shall nnt be paid out af the insurance proceeds and sha�l be the so�e obligativn af Borrower.
<br /> If the restoration or r�pair is not ecanomically feasible flr Lender's security would be Iessened,the insurance proceeds
<br /> shail be apptied t�the sums secured by this Security Instrument, whether or not then due,with the excess,if any, pai�i
<br /> ta Borrower. Such insurance proceeds shail he applied in the order provided far in Section 2.
<br /> �f Borrower abandnns the Property, Lender may file, negatiate and settle any available insurance claim and
<br /> r�lat�d matters. If Borrower does not r�spond within 34 days to a notic�from L�nder that the insurance carrier has
<br /> �ffered to settie a c�aim, then Lender may negotiate and settle the claim. The 3U-day period will begin when the
<br /> notice is g�ven. In either e�ent, or if Lender acquires the Property under Section�2 or otherwise, Borrower hereby
<br /> assigns ta Lender�a}Barro�ver's rights to any insurance proceeds in an amount nat tn exceed the amaunts unpaid
<br /> under the Note nr this Security Instrument, and�b}any o�her of Borrower's righ�s�other than the ri�ht to any refund
<br /> af unearned premiums paid by Borrawer�under al� insurance policies co�ering the Pr�perty, xns�far as such rights
<br /> are applicable�a the coverage of the Praperty. Lender may use the insuranc�proceed�either to repa�r�r restore the
<br /> Property or ta pay amaunt.s unpaid under the N�te or this Security Instrument, whether or no�then due.
<br /> G. �ccupanCy. Borrower shall occupy, es�ablish, and us�the Proper�y as Borrflwer's principal res�dence
<br /> within 6�days after the execution ofth�s Security�nstrument and sha�l cantinue to occupy the Property as Borrower's
<br /> principal residence far at least one year af�er the date of occupancy, unl�ss Lender otherwise agre�s in writing, which
<br /> NE6RASKA--Single Family--Fannie MaelFreddie Mac UNIF�RM lNSTRLJMENT- MERS D�cMa�Ic
<br /> Form 3a28 1101 �age 6 vf 15 www.doemaglc.�om
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