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201200618 I be applied tc�restoration or repair of che Property,if the restoration or repair is economicalfy feasi6le and Lender's szcuriry is nat lessened. During such rcpair and restoration period, Lender shall have the right lo hold such insurancc proceeds until Lender has had an upportunity to inspect such Property to cnsure the work lias bcen completed to Lender's satisfaction,provided chat such inspection shall bc widertaken prornptly. Lender may disburse procuds for Che repairs and res[oratiou in a single paymeut or in a szries of progrces payments as the work is cumpleted. Unless an agreement is made in wciting or Applicable Law require�interest to be paid on sucli insurance praceeds,Lcnder shal I not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusCers, or other third parties,ret�ined by Borrower shall not be paid out of the uisurance procecda and shall be ttic sole obligation of Bo�rowcr. If tho rest�oration or iepair is not eeonomically feasible or Lender'.s security would be lessened,the insurincc pmceeds shall be applied to the sums secured by this Securiry Instrument,whether or not then duq with klie cxcess, if any,paid to Borrower. Snch insurauce proceeds shall be applied in the order provid�Q for in Scction 2. if Bon'ower abandons the Property, Lender may file,negotiatc and seulc azry available insurance claim and related mattcrs.If'Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim,then L.ender may negotiatc aud settle the claim. The 30-day period will begin when the nodce is givcn. In either event, or if Lender acquires the Property imder Section 22 or otherwise,Borrowex hereby asslgns to Lendcr(a)Borrower's rights to any insurance proceeds in an amoimt not to exa;cd the amounts unpaid imder the Note or tfiis Security Instrument, and(b) any oUier of Boccower's rights(odier than the right to any refund of unearned pcemiwns paid by Borrower)under all insurance po(icies covcnng the Property, insofar as such,rigliGa are applicable to the coo�erage of the Properry. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid undcr the Note or this Securiry Instmmen[, whether or not then due. 6. Occupaney.Borxower shall occupy,establish,aud use the Property as Borrower s principal rasidence within 60 days after the exccutiou of this Secunry H�shument and shall continue to occupy the Properry as Borrower's principal residence for at Icast one year afrer the date of occupancy,uuless Lender uthenvise agrees in writing,which consent shall uot bc unreasonablywithheld,or Lmless extenuating circumstances exist whicli arc beyond Borrower's control. 7. Preservation, Maintenance anc! Protection of the Propertyr; Inspections. Borrower shall no[destroy,damage or impair the Property,allnw tl�e Property to dcteriorate or commit waste on the Property. Whether or not Borrower is residing in the Properry, Borrower shall maintain thc Property in order to prevent the Property from deteciorating or decreasing in value due to its condition. Uuless it is detennined pursuant to Section 5 that repair or reswration is not economically feasiblq Borrower sl�all prompdy repair thE Properry if damaged to avoid f'urther deterioraCion or damxge. If insurance or coudenmation proceeds are paid in connectior with damage to, or the taking of,the Property,Borrower shall be responsible for rcpairing or resto�nig thc Propecry only if Lcnder has re(eased proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a singJc payment or in a sencs of progress payments as the work is completcd. If the insurance or condemnation proceeds are noi sufficient to repair oi reswrc the Property,Borrower is not relieved of Borrower's obligation for the completion of sueh repair or restoration. NEBRASKA-Single Pamily-Fannie Mea/Fretldia Mac UMFORIA INSTRUMENT 1fl033539b Form 3028 110t VMP6J � 09110 WoPersKWwerFinancialServlces 20t20fl84.�.OD.40pN201102fqY Ini6els: Paqe]of1] III�II��IIIIIIIIIII�IIIII/IIIIIIII�II��II��i��I��IIIIIIIIIIII�IIIIIIIIIIIIIIIIIIIII�II