-- � � - 2� 17�2241
<br /> payt�b.��, ��it:��.s�u�:.��au�ex-est, upon.no�.ice f�-����L���dz�•�o Borrov��er reques�in�����nen.t and b�sub�ect��o�he�er.��.s of
<br /> tlae��;��eetn�.����nd���e Se�uri�I.���tru�ne��t.
<br /> �.11 insu.rancc;poli�:ic5 r�yuir�;d b}�LL�ad�r a��d ren4vval��f s��l��olici��s shall b�x �ubj�c� �o Lcnder's ri�h� to �
<br /> disappz•ov�suc�� policies, sl�a�� inc�u�.e a s�andard�nar��a�ee cla��s�, and�hall�-�ame Ler�dei•as:mflrt�a�ee and�'or as
<br /> an ac�ditianal loss pavec�. LGnder shall��a��c�th�ri�ht.�o h�lc�t��polici�s ant���nc����al cer�if�ates. 1f.Lender�•c;quires,
<br /> �3c�r�-t�wer shall ��•�m���ly�;iWe t���.�en��er al���eceipfs of p�.i�prern���ms ar�d�•���e�u�a�n��ices. �.f�3nr���r�ve�-ohtain5 any
<br /> � fa1•m of i��s�tt-�n�c�or���•a�e, rlo���theY•��vi�e�•equiree�by L��-�der. for dama�e�n, �r dc�truc�ia�� of, t���Prop�rt.y, s�ic�� �
<br /> policy sh�t� i��c�ud� a s�and�rd n�or��agec c�au�e and shall na���e L�nder�.�r��ortbage�andl�r as an add�tiana� Iass
<br /> payee. �
<br /> in#Il�cven�af lass, �arr���v�r s��al1�ive prompt not�cc�o thc i�isurancG carrier and Lend.er. Lender ma�y n�akc
<br /> �rz-o��f a��lo�s if na� �nade�r€���ptly �y Bo�•rav��er. Ln�ess L�nder ar3d B��r.ro��er otherr��ise agree in �:vrit��a�;, �ny
<br /> insuran�c p�-t�c���ds, wi��tl�er�r not.tl��;u��d��•lyi���insura��ce v�a�r�;c��.�ir�;c�b}�L.et�dc:�-, s��al� b�apPlicc� to rc��o.ration .
<br /> or re�air of ti�e�'rc���rty. if th� �-estoration or repair i�ecnna�nical(y feasibl�and Le��der`� se�uri�y is n�t�e�sened.
<br /> D���-in�such 1•ep���•and.res�or�.tit�n period, Len�er shall have thc right to ha1� s�i�h �nsurance p�-oce�ds unt.i� Lcndc�-
<br /> has had an o�.3��r�uni�:� tc� insp�ct 4���:h Prop�rt�y tc� ��sure th� ���rk h��been comp�et�ec��c� .Lender`� s�t�is�fac�ic�n,
<br /> ��z•o�Tid�c� ���a� 4uc�� .ins���c��o��. 5�aal� be undertaken �rc�m�tly. Le��.d�x- n�.ay disburse �roceeds f.or the �•c��airs and
<br /> �-estoration���a single pay�Yent�r�n a se�•i�s of.pragress payn�.ent�as the work is complei�d. L�nless a�a agreement
<br /> 15 I���.C��111���ri�in�; c�;r A����ica'��e .Law require�i.��te.resx to be�aid on such insu�-ance praeeed�, Lender�ha�l .nor be
<br /> re�u�red tfl pa�r�3orr���ver a�.�r in��rest or earnit��s on such praceeds, �ec:s fc�r public adj ustc�s, or ath�r�hi�rd part�es, .
<br /> re#�ai��ec�by�3csrrc}v�r�r �l�all r�ot be pa�d out o�'t��� insur�nce rrc�c�e�d�and sl�a�l be t13e s�r�e ��l�li�;a�.�a�i �a�f Borr��wer.
<br /> If�h��ristai•a�ion❑�r�pai�•is��o�cconax��ic�allu feaszbl�or L�nd�r's se�uri�y��oulc�be�e5�encd,�h�insuranc�proc.�eec�s
<br /> �hal] be appli�d tc��l�e Secu�-ed�:]eh��ecure�.by�his Secu.r�t��ns�umen�, v��he�her ar not�hen duc, v��ith�he exce�s,
<br /> �f any, �aaid tc� Bot•rowe�r. S�.�ch insu�•an�e proceeds shai� be a.pp�ied in thc order pr•�tijidec�for in 5ection �.
<br /> l�f l3orrov��er i��ba���ans �he Property, Le��der Ynay f le, n�Qo�iate and settle a��� atirai�ah.le insu�•ance c�ain� anc�
<br /> 3•��at�d:mattzx•s. If�3�r�ower does not.�r�spond�i�h�� 30 d�.y5�a a ��otice from.Lende�that�he insurance ca�•.r�er.has
<br /> off�.=r�d�:o s�ttl� a claim, then Le��.dei•rnay n��ati�t�� a��d ��ttle the �laun. The 30-day periad `�i�l b��in �vhen�hc
<br /> �aot�ce:�s�iven. �n e�ther even�, or if Lender acqu�.res t��e Prope�-�v ut����-Se�tion 2?or c��her.ti�ri�e, B�r.rov��e.r��e�-�b�
<br /> a�si���5 to L,c��der �a� �3orr€���v�rt s r��hts �o ai�y i�surance proce�d� in an a�nount nat t� �:�cc:e�.thc�amou��ts unpaid
<br /> uz�.der t�.�.A�ree�ne��ti�.�r th����cu�-ity Ii���;ru�ne���, and�b)anw othez-o:�'Borro��er'�rx���.ts�otl�er�th�r�tl�e ri�h��:o�ny
<br /> �•€��u7��of unGa�•n��l���emiums paid hy Borrnwe�•}und�r all insur�nce pc�lici���ovcrin�;�hc: Prc�pet��y, i��snfar as�uc��
<br /> �•ig����a��applic�blc:ta the c��•�rage of th�Prop��-ty. Lend�a-may use�he insura��e�procc.�c:ds�ither ta�-�pair or restore
<br /> the.Pr-o���-ty o�-ta�ay a���ounts u��pa�d undcr�h� Agr�cement at'��'11S S��I.�.I'l�I�'lS��'L1t77�n�, ��he�1�e1•or���t then due.
<br /> b. Q�c��pa�tc�=, Bor�ovver sh�ll c��;c��py, e�tab�i�h, a��d���e�he Yrop�r�y�s B�rrt�ti�er's p�rinc�pal re�id��lce t �
<br /> within��da�s after th�e:�e�utic�n of the A��•��n�.e�.t and S��ur.i�y�nstru��e���a�jd sh�il.cnnt�nue to occupy t��e:��•op�rty
<br /> as 13orrou�er's p�inci�al��sid���c€;f�r a���as�on�}fear after�he datc af ocLupa��cy, un��ss Le��der o����r��vis�a�;Y-c�s
<br /> i�a�ritin�, �liic�� c�t�s�����ha�l not t�c un�•e�sonabiy �vi�hheld, aa• unless cx���uati��� circu���s�a�ces exist r�vhich a�•c
<br /> b�yand�3or�•aw�r's control.
<br /> 7. :�'�-�servat�a�, :f��ainte�an�ce�nd Pra�ect��n af the Prapertv; �ns�e�tions, :B�.rrati��er s��a�� nc.�t destray,
<br /> dama�;e t�t�irn���r�h�.Prope:r�y, a�lc�t��the�'rnper����det�ric�rate c�r con�init��astc c�n the Propc�•ty. �he�he�•c�r not
<br /> Borrc3�er �-e�ides an t_h� P�-operty, �3orro���r shall main�ain t��e Fropert-�� in �rder to pre`�ent �he Pra��:i-ty from
<br /> dete�-io�•atin��r dec�reasin�in v3lu�d�.�e to its�o��di�ion. Un�ess it is det�r�ni��ed pursuan��o Section 5�hat repair ax�
<br /> res�oratio�.� �s nat �conomic�a.�ly fcasil�i�, Borra���er sha�i pror����ly r�pair th� Pr���r�y if danlaged to a�oid further
<br /> deter.�orati.o�1 or dan�.�.�e. If��nsu�a��ce or coridem��.atio�a proceeds a.re p��d in c�r�necti�n�vi.t��c�ama��to, or t.l:�e t�k�z�.�
<br /> �f, �he Pro��e�•ty, Bor:r�a�ver 4�ha�l b� �-esponsihle foz• repai.r����or re�tarin�t��e Pro�er�y���lv if Len��:r 1�as r��ea�ed
<br /> proc�ed� Taz-such pu�-pos�;s. I.1���d��- ma��di�bur�e�rac:e�ds�f�r th�re�air�anc�resioration xt�a s�r��l�paym��t�r in
<br /> a ser�es of�rn�rc��pay�:ner�ts as the�jork is comp�ctcd. I�th�x��sL�rancc or condemnatron proceed�ai-e��ot su#f icien�
<br /> , �a rep�ir c�r restar�thc�'roper��, .�3orro«�cr is n��relieved c�f�3�rra��er's czbliga�i�n fU�-�he complction of 5uch repai�
<br /> nr restaz-a�ion.
<br /> s� A oGnEx/9�51�olsos3�34o
<br /> NEBRASKA HOME EQUITI' LINE DF CREDIT DEED�F TRU�T � ���$�����
<br /> D 2��8 D���IA AG1 C, 1 NC. :�r�r�v�c�Qctn��i�,c��
<br /> NEHESE.B�A flE1�41�3 Page 5 of 13
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