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<br /> a�knovrledges that�he cast vf the insurance cflWerage so ob�a�ned rnight signifrcantly exceed the�vst
<br /> ❑f�nsuraiice that Borrower cau�d ha�e v�tained.Any amounts dishursed by Lender und�r this Sec�ion
<br /> 5 shall become addi�ianal debt af Borrvwer secured by thss Securi�y lnstrum�nt.These am�unts shal�
<br /> bea�interesi at�he Note rate from the date vf disbursement and sha�l be paya�fe,with such inferest,
<br /> upon notice from Lende��o Borrvwer requesting paymen�.
<br /> A���nsurance polici�s r�quired by Lender and renewals of such policies sha11 be subject ta Lender's
<br /> right to disapprove Such policies,sha��include a standard mo�tgage c�ause,and shal[name L�nde�as
<br /> martgagee andl�r as an addi#ianal fass payee.Lende�sha��hav�#he�ight ta hvld�he pol�cies and renewa�
<br /> c�r�ificates.If Lender requires,gorr�wer shall prompt[y g�ve to Lender a1l receip�s af paid premiums and
<br /> renewal nati�e�.�f Barro�er obta���at�y fvrrri❑�insur�nc���verage,na�vthenuis�required by L�nder,
<br /> for damage�o,or destructian❑f,the Property,such po�icy sha�l include�standard mo�gage clause and
<br /> shaC�name Lender as mortgagee andlar as an additiqnal I�ss payee.
<br /> �n the event af loss,gorraw��shal�g€�e prompt r�vtice�v th�insu�ance Garri�r and Lender,L�nder
<br /> may make prvof af Ivss if nat made promptly by Borrower.Un€ess Lender and Bo�rower o�hervrise agree
<br /> in writing,any insurance praceeds,whe#her ar not the underlying insurance was required by Lender,
<br /> shall be applied�o restorat�vn o�repair af the propet�y,i�fhe restaration o�-�-epair is econamically feasib[e
<br /> and Lend�r's s�curity is not 1�ssened.During such repair and restoratian p�riod,Lender shall ha�re the
<br /> �ight to hold such insurar�ce proceeds unfi�Lende�has had an oppvr�unity to inspect such Property�o
<br /> ensure�h�wo�k has be�n cornpl�ted ta Lender's satisfac�ion, pr�vided that such inspection shall be
<br /> undertaken promptly.Lende�may disburse praceeds�vr the repairs and�estoration in a s�ngle paymen�
<br /> o�in a series of prvgress paymen�s as the work�s camp�eted.Un(ess an agreement is made in w�iting or
<br /> Applicable La�v requi�-es in�erest to be paid on such insurance proceeds,Lende�sha�l not be requ��ed�o
<br /> pay Bo�rawer any interest vr eam�ngs on such proceeds.Fees fvr�ub�ic adjusters,or other tl�ird pa�#ies,
<br /> re�ained by Bor�ow�r shall not be paid out v�the insurance prviceeds and sha�l be the so[e vhligat�on of
<br /> Barrawer.i��he restoration or repair is not ecanamica�ly�easible or Lender's se�urity would be lessened,
<br /> the insuranc�proceeds shall be applied�v the sums secured by this Se�urity�ns#�ument=whether or
<br /> no##hen due,v+r�th the excess,if any,paid fa Borrower.Such insurance praceeds shall be applied�n the
<br /> arder provid�d for in S�ction�.
<br /> �f Sor�o��er abandans the Property, Lend�r may fle,negotiate and set�ie any available insuran�e
<br /> ctairn and r�lated rnatters.!�Borrower d�es not�espond wit#�in 3D days to a nat�ce from L�r�der�I�at the
<br /> insurance carrier has af�ered�a settle a claim,then Lender may neg�tiate and sett�e the c�a�m.The 30-
<br /> day period v+ri[f hegin when the n�tice�S gi�en.In either event,or if Lender acquires the Property under
<br /> Se�t�an �2 or Q�fie�rise, Borrvwer hereby assigns to Lende� (a} Bvrrower's rights to any insurance
<br /> proc�eds in an amount not tv exc�ed#he amoun�s unpaid under the N��e or this Security Instrument,
<br /> and�b3 any vther o�Sorrv►�rer's right��a�her than the�ight tv any refund of un�arned p�emiums paid
<br /> by garr�w�r}under all�nsuranGe policies co�er�ng the Proper#y,�nsafar as such rights are app[�ca�le
<br /> #v the cvverage v�the Property.Lender may use the insurance pro�eeds e�ther to repair ar restore the
<br /> Praperty or ta pay amoun�s unpaid under the Nvte vr this Security tns�rum�nt,�rvhe�her ar nv�then due.
<br /> 6. ��cup�ncy. Borrvv�er sha�� occupy, establish, and use the Prop�rty as Barrvwe�'s princ�pal
<br /> residenc����i�hin CO days aft�r the execut�fln o�ihis Security lnstrumenf and shai[conti�rue to accupy the
<br /> Prvpe�y as Svrro►�rer's pr�ncipa[residence forat least one year afterthe date of occupancy,unle�s Lender
<br /> othe�wise agrees ir�writing,►�rhich cansent shall nvt be unreasonably withheld,vr unless extenuatsng
<br /> circumstances ex€st wh�ch are beyvnd Borr�rn�er's control.
<br /> l. Presen�a�ion, �t[aintenan�e and �'r�tectivn af the Prop�rty; �nspect�vns. Barrower shal[
<br /> nat destr�oy,damage or impair th�Praper�y, al�o►rv the Prope�y fo deferiorate ar commit vvaste on the
<br /> Prape�ty.1Nhether vr no�Bar�o�ver is residing�n the Praper�y, gorrower shall mainfain�he Pr�pe�ky in
<br /> arder t❑prevent the Property fram deteriv�at�ng or decreasing in�alue due to its�anditivn. lJnless it
<br /> is determined pursuani io 5ectian a that repair or restvration is no�ec�nornically�easibfe, Borrvvver
<br /> shaL�prvmptly repair the Pr�per#y ff damaged to avoid fu�ther deterioration or damage.�f insurance vr
<br /> condemna#ion proceeds are pasd ir�co�inectian��rith dama��to,v��he taking of,the P�op�rty,B�r�awer
<br /> sha[[ be respansible far repai�ing ar rest�ring the Property on�y��Lender has released pro�eeds for
<br /> such purposes. L�nde�may disburse prviceeds for the repairs and restorat��n in a single payment or
<br /> in a s�ries o�pragress payments as the work is completed.If the insurance or c�ndemna#ion praceeds
<br /> are not suffic�ent to repair vr restare the Prope�ty,Borraw���s not re[ieved�f gvr�avver's ob[�ga#ion fvr
<br /> the camp�eti�n af such repair or restaratian.
<br /> Lender or�ts agent may mak� reasvnable ent�ies upan and inspec#ivns af the Prnp��y. If it has
<br /> reasonable cause,Lender may inspect the inter�nr o�the imprv�ements an�he Property.Lender sha�!gi�e
<br /> Bo�r�wer notiG�at the time of or prior to such an€nterior inspectian speci�jring such reasonable cau�e.
<br /> 8. Bvrrower's L�anApplicativ�.Borrowe�sha�l�e in default if,during#he Lvan apptication process,
<br /> Borro►n�e�vr any p�rsons�r entities acting at the dir�c�ian o�Borrawe�or with Bo�rower's know�edge o�
<br /> cansent�a�e mater�afly false,misleading,ar inaccurate information or sta#ements tn Lende��or�ai[ed to
<br /> pravide Lende�with materia!information}in connec�ion wi�h�h��nan.Ma�er�ai representatians�ncfude,
<br /> but a�e nat tim�ted to,represen�a�ions concerning Borrawer's occupancy�f the Prope�y as Borrvwer's
<br /> princip�l r�sidence.
<br /> 9. Protectivn of Lender's�nterest in th�R�'ap�rty and Rights Under this Security Instrumen�.
<br /> If�a} Borrvwer fails to per�orm the�ovenants and agre�ments ctintained in this Security[nstrumenf, -
<br /> �h}there �s a legal proceed�ng that might significant[y affect Lende�'s interest�n ihe Praper�y andlor
<br /> �ights under this�ecurity Ins#rument 4su�h as a proceed�ng in bankruptcy,prvbate,f�r c�ndemna�ivn a�
<br /> forfeiture,for er�forcement af a lien whi�h may attai�priorify o�rer th�s Se�u�i#y lnstrument o�to enforce
<br /> la�vs ar�-egu[ations}, or�c} Bo�rower has abandoned �he Property, �hen �e�der may do and pay for
<br /> whatever is reasonable or app�apria�e tv protec#Lender's interest in the Prvpe�y and rights unde�this
<br /> NEBRASKA--Sir�gfe Family--Fan�ie l�aelFreddie Mac�NIF�RM f�STRUMENT �vctn 3U28'�1�'�
<br /> EHie Mae,���. Page 5 of�0 NEUDEED Q4�5
<br /> NEUDEED�C�.S}
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