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2� 17�� 148 A�� insuranc�palicies required by Lender and rene�als of such po��c�es sha��be subject�a Lender's right�o d�sapprove such po�iGies, sha�i inc�ude a standard mortgage clause, and sha��name Len�.er as mor�gagee andlor as an addi�ionai I�ss payee. Lender shall ha�ve the righ�to hold�he po��es and r�newal cer��ca�es. �f I..�nder r�quir�s, Barrov�er shal�promp��y give�o Lender aIi r��ip�s of paid premiums and ren�wa� not�ces. �f Borrawer ob�ains any form�f�nsurance caverage, not otherwi��requ�red by Lender, for damage to, or des�ruc�ian�f, �he Pr�per�y, such pa��cy shall includ�a standard mar�gag�clause and shall name Lender as mo�gage�andl�r as an additiona� �oss payee. �n the e�ent of�oss, Barrower shal� give�ramp�notice�o th�insurance carrier and L�nder. L�nder may mak�proof af lass �f no�mad�promp��y by Borra�ver. Un�ess Lender and Borr�wer o�herwise agree xn writing, any insurance proceeds, whether or no��he underly�ng insurance was required by L,ender, sha�l be app�ied to restora�ion or repair of the Prap�rty, �f the restorati�n or repair is ecnnomicall�feasib�e and Lender's secur��y�s n��essened. Durin� such repair and restora��n per�od, Lender sha11 ha�e the right to hold such insurance proce�ds un��i Lender has had an oppor�unity t� �nspec�such Pr�perty�o ensure the wor�.has�ee�.c�m��e��d to L.�nder's satisfac�ian, pro�ided tha�such �nspec�i�n shal�be und�r�aken prornpti�. Lender rr�a�disburse proce�d.s for the repairs and r�storat�on�n a single pa�men�or in a ser�es af prngress paymen�s as the work is completed. Uniess an a�reement is made�n writing or App��cable Law requ�res�n�erest to be pa�d on such�nsurance proceeds, L..�nder sha�� not be requxr�d to pay B�rrov�er any xnteres�or earnings on�uch proceeds. F�es for pub�ic adjus�ers, or oth�r third par�ies, retained hy Barrower shall no�be pa�d out of the�nsurance proceed� and shall be the so�e�b��gation of Borrow�r. �f the restora�ion ar repair is not econorn�ca�ly feasi��e or Lender's secur�ty w�u�d�e lessened, the�nsurance proceeds shall be appl�ed ta�he sums se�ured b�r this Securi�� Instrumen�, whether or nat then due, w�th�he exces�, if an�, paxd��Borr�wer. Such�nsuran�e p�roce�ds shai�be app�ied in the order pro�ided for in Section�. �f Barrower aban�.ons the Pr�per�y, I.ender may f��e, neg��iate and set��e any avai�able�nsurance c�a�m and related ma��ers. Zf B�rrower does nat resp�nd wi�hin 3�days�fl a nntice from L.ender�hat�he insurance carr�er has affered�o se��a claim, then L.�nder may negot�ate and se�.t�e the c�a�m. The 3D-day periad�vii� �begin when the no�i�e is given, In ei��r event, �r�f L.ender acquir�s�he�'raper�y under��ctxon 22 or o�h�rw�se, Borrawer hereby ass�gns to Lender�a} Borrawer's r�gh�s to any insurance proceeds��an a�a�ount no�t�exceed�he amoun�s unpaid under the Nate or�his Secur��r�nstrumen�, and (b} any oth�r of Borro�ver's r��hts �v�her than the right�o any refund of unearned prem�ums pa�d by Borrower}under all insurance po�icies ca�ering t�e Proper�y, insofar as such r�ghts are appli�able�o�he c�v�rage of the Proper�y. Lender ma�use the insurance pr�ceeds either�v repa�r or restore�he Praper�y or to pay amounts unpa�d under�he N��e or t�i5 Security �ns�rument, whether or no��en due. �. ��cupan�y. B�rrawer shaii occupy, �s�ablish, and use the Pr�per��as Borro��r's princxpa� residence w��hrn f�days af�er the e�e�u�ian of this S��urity �nstrument and sha�l can�inue�o occupy the Property a� Borrov�er's pr�nc�pal residence for a�leas�one�ear after�he date�f o�cupanc�r, un�ess �enc�er at�ierwise agrees �n wr�t�ng, wh�ch cons�n�sha��n�t be unreasonably wi�hheld, or unless ex�enuatin�circun�tances ex�s��rhich are be�ond Borr�wer's con�ro�. ?. Preser�ation. �aintenance and Pr�t�ction of the Pr�perty: lnspectians. B�rrovver s�all not des�roy, damage ar�mpair the Praperty, a��ov��he�'ro�er�y��deter�ara�e�r camm�f waste�n the Proper�y. V�'h��her or no�Borrower�s res�ding in the�'roperty, Borrower�ha��ma�nta�n the Prop�r�y �n order t�pre�ent��e Proper�y fram de��r�orat�ng or decreas�ng �n value due�o i�s�ondit�on. IJn�ess it��determined pursuan�to Se�t�on� �hat repair�r res�ora�ivn is n��ecanomicaiiy feasib�e, Borrower sha11 promp��y r�pair the Proper�y if damaged��a��id fur�her de�er�oration ar damage. �f insurance or c�ndenlnation proc�eds are paid �n ��nne��fln w�th damage�o, �r�he�ing of, �h� Property, Borrovver sha��be resp�ns�bl�f�r repa�rin�or restar�ng�he Proper�y onl�xf Lender has released praceeds for such purposes. Le�der ma� disburse proceeds NEBRASKA-Sir�gfe Family-Fannie MaelFre�die Mac UNfF4RM INSTRUM�NT �orm 3428 i 1�� VMP[�e] VMPfitN�f�13�23 Wa�ters Kluwer Financial Ser�ices Page 7 af 17