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2� 17��839 AII �nsurance p��icies requ�red�y Lender and ren�wals of such pol�c�es shal�b�sub��c��o Lender's rig��tn disappro�e such policies, shal� inc�ude a s�andard mor��age ciause, and sha�� name I..,�nder as mortgage� andlar as an addi�ional loss payee. Lend�r shall have the righ��o hoid�he p��c�es and r�newal certificates. �f I.ender r�qu�res, Borrower shall�romptly gi�e to Lender a�� rece�p�s of pa�d prem�ums and renewa� not�ces. �f Borrower flbta�ns any form of insurance�a�erage, not o�h�rw�se requ�r�d by Le�.der, for damage to, flr destructi�n af, the Property, such po��cy sha�� inc�ude a s�andard mor�gage C�aus�and sha11 name Ilender as �mor�gage�andl�r as an additional loss payee. In�he event of�oss y B�rrower shail gi�ve promp�not�ce�o �he�nsurance carr�er and Lender. Lender may make proaf of�oss if not made pr�mp��y by Borrov�er. Un�ess Lender a.nd Borrower o�herwise agre��n writing, an� �nsurance pro��eds, whether or not�he underly�ng�nsurance was requir�d by Lender, s�.a��be applied�o re5��rat�an or repair vf�he Proper�y, if�he restara�ifln o�repair�s�c�nomicai�y feasible and Ilender's secu�ri�y is nvt�essened. During such repair and rest�rat�on period, Lender shall have�he r�ght t� hold such insurance p�roceeds un�� Lender has had an flpp�r�uni��o inspec�such Prap�r�y�o ensure�he work has been camp�eted�o Lender's sat��fac�xo�, pro��d�d�ha�such x�spectian shal� b�under�a.ken promptl�. I.end�r nza�disburse proceed�for�he repairs and restorat�on�n a s�ng�e payment or in a ser�es of progress�ayrnen�s as the wark i�compl�ted. Unle�s an agreemen� is made in wr�ting�r App��cab�e Lav� requires in�erest�o be paid an such�nsurance proceeds, Lender shall not he required�o pa��3orrower an� �ntere�t ar earnings on such proceeds. Fees for publ�c ad�usters, or o�her�hird part�es, reta�ned by Bvrrow�r shali not be paid au�of�h�insurance proceeds and shai��e the so�e��igation of Barrower. �f the�estoration �r repa�r is n�t economu.caliy feasib�e or L.�nder's securi�y wau�d be les��ned, the insuranc�praceed� shai�be app�ied�o�he sums se�ured by th�s Securi��nstrumen�, whether or no�then du�, with�he excess, if any, pa�d ta B�rro�ver. Such�nsurance proceeds shall be app�i�d in th�order pr��ded for�n Sec�ion�. �f Borrovver abandons�he Pr�per�y, Lender may ��e, nego�iate and set�le any avaiiab�e insurance c�a�m and re�ated matters. �f Borrow�r does not respond within 3D days ta a notice frorr�Lender tha�th��nsurance carr��r has offered t�set��e a cla�m, �hen I�nder ma�negot�a�e and se�t�e�h�c�a�m. Th�34-day p�riod w�l� begin�her�the na��ce��given. �n��her e�en�, or�f L�nder acqu�res�he Proper��und�r Sec��on 22�r o�herw�se, Borrower h�reby assi�ns to Lender�a} B�rrower's righ�s�o an��nsuran��proceeds in an a�m�unt r�o��o exceed�he amounts unpaid under th� No�e�r�h�s Securi�y Ins�rurnen�., and ��} any other of B�rrow�r's righ�s (other than th.e r��h�to any refund af unearned premiums paid by Borr�wer}under ai1 insuranc�po�ic�es co�rer�ng the Prop�r�y, insofar as su��rights are applicable to th�co�erag�of�he Praper�y. L.�nder m�ay use the insurance prac�eds eith�r to repai�r tir restore�he Property ar to pa�r amoun�s unpa�d u�d�r�he Note ar this Se�ur�ty �nstrument, whe�her or n�t�h�n due. �. �ccupan�y. Borrower shal� occupy, esta��ish, and use�he Pr�p�r��as Borrower's pr�ncipa�res�dence v��thin 6�days after�he execution�f�h�s Se�uri�y �ns�ru�ment and shal�continu��o occupy the Proper�y as Borr��ver's pr�ncipal residence f�r a��east�ne�ear aft�r�he date af oc�upanc�, unless L.end�r o�herwise agrees�n wr�ting, v�hich c�n�ent shali n�t be unreasanabl�r wi�hheld, �r un�ess extenua��ng��rcurns�anc�s ex�st wh�ch are beyond Borrower's�ontro�. 7. �'reservativn, Mainter�ance and Pratection af the Property; I[�Sp�C��C1S. Borrow�r shall no�des�roy, darnage or xmpair the Proper��, a11o�r�he Proper�y to deter�ora�e or c�mmit�vaste�n th�Proper�y. �Vhether or not Borrower is�residin�in�he Pra�er�y, Borrawer sha�� main�ain�he Pr�p�r�y �n�rder ta pre�ren�the Pr�per�y fra�n.de��riora�ing or decreasing in va�u�due�o its c�ndi�ion. Un�ess �� is de�ermined pursuant ta Se�t�an 5 th.a�r�pair�r restorat�on�s n��ec�nomical�y f�as��e, Borro�ver s�a�i promp�ly repair the Proper�y �f damaged ta a�o�d further de�eriara��on�r da�mage. �f�nsurance ar condemna�io�z proceeds are paid in connect�on w�th damag�to, ar�he taking�f, �he Property, Borr�wer shal�b�responsibi�for repair�ng ar restor�ng�he Praper�y oniy if Lend�r has releas�d pr��eeds f�r suc�purpos�s. Lender may dzsburse proc�eds NEgRASKA-Single Family-Fanr�ie MaelFreddie Ma�UNIFDRM INSTRUM�NT Fvrm 3��8'�I�i VMP[�] VMPfi�N�}{��p�} Waiters ICluwer Financiai Ser�ices Page 7 af 17