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2� 17��491 A�� nsurance poiicies requ�red b�r Lender and renewals af su�h policies sha��be sub,�ect�o Lender's right ta d�sappro��such polic�es, sha�l �nc�ude a standard m�r�gage c�ause, ar�d shall name Lend�r as mor�gag�e andlor as an addi�ional l�ss payee. L�nder sha�l have�he righ�ta ho�d th�policies and r�nev�ai cer�i��ates. If Lend�r r�qu�res, Barrau�er sha��promptly gi�re to Lender all rece�p�s�f paid prem�ums and renewa� �o��es. �f Barrower obtains any farm af�nsurance�o�erage, no��therw��e required by L�nder, for damage�o, or des�ruc��an of, the Proper�y, such pol�cy sha�l inc�ude a standard mortgage clause and sha�i name L.ender as mor�gagee andlar as an additianal Ioss payee. �n the e�en�of 1oss, Borrower shall g��e pr�mp�n�tice to�he insurance carrzer and Lender. Lender may rnake pr��f of�oss �f no��rnade prompt�y by B�rra�er. Unless Lender and Bflrro�er otherwise agree in writing, an�insurance proceeds, whether ar not the under�ying insuran�e was requ�red by Lend�r, shal�be appiied t�res�ora�i�n�r repa�r of�he Proper�y, �f the restoration�r repa�r�s�conom.�cai�y f�asib�e and I.end�r's se�urity�s n�t lessened. Dur�ng such repair and restora�ian p�riod, Lender sha�l ha��he�right�o h��d su�h �nsuran�e praceeds un�il Lender has had a�r.�ppor�un�ty�� nsp�ct such Praper�y to ensu�re�he wark has been c�mp��ted to L.end�r's sat�sfac�ion, pro�ided�ha�such�nspe��ion shall�e uridertaken promp�ly. L.ender m.ay di�burs�proceeds far the repairs and res�oration in a sxng�e paymen�flr in a s�r�es af pr�gress paymen�� as the work is c�mpieted. Uniess an agreement is mad�in wr��ing or App��cab�e Lavv requ�res�n�erest to be pa�d an such�nsurance praceeds, Lender shall no�be requ�red ta pay B�rravver any �nterest or earning�on such pr�ceeds. Fees far publ�c adjus�ers, or a�her t�ird par��es, retained by Borrawer �ha�� no�be pa�d�u�of�he insurance pro�eeds and sha��be the so�e�biiga��on of Borrawer. �f�he res�ora�ion or r�pair�s not e�onomically feas�b�e or Lender's security wou�d be�essened, �he�nsurance pr�ceeds shall be app�ied fo��sums secured by this Securi�y�ns�rumen�, wh�ther or�.ot then due, w��he e�cess, if any, pa�d�o Borrawer. Such insurance praceeds shall be app�ied in the order pr��ided f�r�n Section 2. �f Borrvwer abandons txie Praper��r, Lender may �le, negot�ate and settle any a�a��ab�e�nsurance c�a�m and re�ated matters. �f Barr�v��r do�s not respond w�thin 3D days to a na��c�fram Lender�hat�he�nsurance carr��r has off�red to set��e a claim, then I�nder may nego�iate and se��e the c�aim. The 3�-day per�od w�ll begin when�he natice is given. In either�vent, or if L�nder acquires�he Property under Sect��n 22 ar ��hervrr�se, Borrow�r hereb�assi�ns�o Lender�a} Borrower's rights to any insurance proceeds �n an amount no�.to exceed�he amaunts unpa�d under the No�e or�his Securi��r Znstrument, and�b} any ather of Barrower's ri�hts �other�han�ae rig�t t�an� refunc�of unearned premuums paid b�Barrav�er}under a�� insurance pol��ies covering the Praper��, insofar as such r�gh�s are appiica��to�he cfl�rerage af th� Pr�gerty. L�nder may use the insurance proceed�exther ta repa�r or r�s�are the Praperty or to pay amount� unpa�d under the Na�e or�h.�s Securit��nstrument, whether or no�then du�. �. ��cupancy. Borrovver shall occupy, es�abiish, and use the Proper��as Borrower's principa� resrdence within��days af��r the execu�ion af th�s Securi�y Ins�rument and sha�� cont�nu��o accup�r the Property as Barrower's princ�pa� residence for a��eas�one year af�er�he da�e�f oc�upancy, unl�ss Lender otherv�ise agrees in writ�ng, wh�c��onsent shall not�e unreasonably vv�th�e�d, or unless extenua�ing�ircumst�ar�ces ex�st whi�h are�e�ond Bflrrawer's controi. 7. Preser�at�on, Maintenance and Protection �f the Prnperty: Inspectivns. B�rrower shall no�destr�y, damage or�mpair#he�'roperty, allo�cr th�Proper�y to de�er��rate or camm�i�waste on�he Proper��r. VL�hether or no��arr�wer is res�ding�n th�Proper�y, Bflrrow�r shal� ma�nta�n�h��'r�per�� in arder to preven�the Prop�r�y from det�riorat�ng or decr�as�ng�n value due tn �ts cond�t��n. Unless�t is d��ermined pursuan�to Sect�on� �hat rep�.ir or restorat�o�is no��conoxn�cally feas�bl�, Borrawer sha��prompt��repair the Proper�y �f damaged��a��id fur�her de�erioration ar damag�. If insurance or condemna��on proceeds ar�paxti in c�nn��an with damage to, �r�he tak�r�g of, the�'rop�rt�, Bvrrower sha�� be resp�nsib�e fflr repairing or restor�ng the Praper�y only if I�end�r has re�eased proceeds far such purposes. I..�:nder may dishurse pro��eds N�BRASKA-Single Fami{y-Far�nie MaelFreddie Ma�UNIFQRM�N5TRLIMENT Form 3��$i I�i VMP Q VMPSfN�y[1342) Wolters Kluwer�inancial Ser��ces Page 7 vf 17