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2� 17��23� A11 insurance poli�ies required by Lender an.d renewals of such polici�s s�a�l be subject�o Lender's right to d�sappro�e such pol�c�es, shail in�tude a standard m�rtgag��lause, and s�aail name Lender as �mortgagee andlor as an addit�onal loss pa�ee. Lender shall have the righ��o ho�d�he policies and renewal certif�ca�es. �f Lender require�, Borrower shall prompt�y g�ve�� Len�er all rec�ipts of paid prem�ums and renewal n�tices. �f Borrower obtains an�form of�nsurance�o�erage, no�o�herwise requ�red by L.�nder, for damage��, or destruction of, the Proper�y, su�h polic�shal� �n�iude a s�andard mortgage clause and sha��name L�nder as mortgagee andlor as an add�tional Ios�payee. �n the e��n�of loss, Borrn�nrer shal� g��e promp�nat�ce to�he insurance carrier and I.�nder. Lender may make praof�f loss if not n�.ade promptiy�y Borrower. IJn�ess �nder and B�rrower fl�hervv�se agree in wr�ting, any insuran�e proceeds, v�rhe�her�r no�the underl�ing insurance was required by L.ender, shall be appl�ed�o res�orat�on or repair of the Proper��, �f�he res�ara�inn ar repair�s economica��y feasibi�and I.,�nder's se�urity �s no�lessened, Dur�ng such repair and res�oration periad, Lender sha�l have�he r�ght to h�id such insurance proc�eds un��l Lender has had an appor�unity ta �nspec�such Property��ensure the work has been comple�ed ta Lender's satisfac��n, �rov�ded that such inspec�ian shal�be under�aken promptly. L�nder may disburse proceeds far fh�repa�rs and res��rat�on in a��ngle pay�m�n�ar in a series af progress payments as�h�work is comple�ed, Un�ess an a�re�men� is made in wrx�ing or App�icable Law requires in�eres��o be pa�d on such insurance proceeds, L�nder shall not be required to pay B�rrov�er any in�erest or earnings on�uch proceeds. F�es for public adjusters, or o�her fhird par�ies, re�ained��r Barrav�er sha�� not be paid out of the�nsurance proceeds and shall be the sale�bl��ation of Borrower. �f the res�oration ar repa�r is not economica�ly f�asible or Lender's securi��r would b�lessen�d, �he insurance proceeds sha��be app�ied to�he sums secured by�h�s Securi�y �nstrumen�, whe�her ar n�t then du�, ��h�he excess, if any, paid�a Borrow�r. Such xnsurance graceeds shal�be appli�d in the�rder proWided for in Section�. �f Barrower abandons �he Proper��, I�ender ma}� f�ie, n�g�tiate and settle any a�railable insurance c�aim and re�a��t�ma�t�rs. �f BorrQw�r does no�respond with�n 3�days ta a no�ice frorn Lend�r tha�the insurance carrier has offered�o sett�e a claim, �hen Lender may n�go��ate and set�le�he c�a�m. Th�3��da�periQd vc1�11 be�in when�he no�ice�� g�W�n. �n either e�en�, or�f L�nd�r acqu�res�he Prop�rty under S�c��on 2�or a�herw�se, Borrov�er hereby assigns�o L.�nder�a} B�rrower's righ�s to any �nsuranc�proceeds in an amoun� na��o exceed the amounts unpaid under�he Note or this 5ecurity Ins�rument, and �b� any o�her af Bflrrawer's rights �o�her�han the right�a any refund of un�arned premiums pa�d by Borrower}under a�i insuranc�polic�es cflver�ng the Praperty, insofar as such r�gh�s are app�icable t� the covtrage of the Praperty. Lender ma�use�he xnsuran�e proceeds either to repair ar res�ore�h�Propert�ar�o pay amaun�s unpa�d un�er the No��or thi� Se�urity �nstrumen�, wh�ther or not th�n du�. �. 4c�upancy. Borrov�rer shall o�cupy, estab��sh, and use the Property as Borr�wer's principal resid�nce within�0 days af�er the execu�ion of th�s Securit� �ns�rum�nt and shal� con��nue to acGupy the Pr�per�y a� Borrov�er's principal residence for at�east one year af�er�he date of oc�upancy, unless L.ender a�h�r�vise agrees in writ�ng, which�onsent shall not b�unreasonab�y withhe�d, nr un�ess ex�enua�ing circumstances exis�which are be�ond Borrovver's control. 7. Preser�ation, Maintenan�e and Protectian vf the Property: �nspe�tiflns. Borrower shai�n�t destroy, damage ar irnpa�r the Proper�y, a�lovc�the Proper�y to d�teriorate or camn�it was�e on the Proper�y. '�hether �r not Borrower�s res�d�ng in�he Propert�r, B�rro►u��r sha�I main�ain�he Proper�y in order�o pre�ent the Property from de�eriora��ng�r de�crea�ing�n value due to its conditian. Unless it is determined pursuan�to S�c��on 5 �ha�repaxr or restoration is na�economica��y feaszble, Barr�vver shal�promptly repa�r the�'roperty if damageci ta a�aid fur�h�r deter�ora�ion or damage. �f insuran�e or condemna�ion proceeds are paid in connection with damage��, or�h��akxng of, the Propertyy Borrower�ha11�e respons�b�e for repairing or res�or�ng the Praper�y oniy �f I.�ender has re��as�d pro�e�ds for su�h purp�ses. I.�nder may d�sburse pr�ce�ds NEBRASKA-5ingle Famiiy-�annie Mael�reddie Mac UNIFORM INSTRUMENT Form 3�28 i1D# VMP a VMP6�N�i�13�2} Watiers Ktuw�r�inar�cial Ser�ices Page 7 of i 7