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20120�15� work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse procceds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicxible Law requires interest to be paid on such insurance proc�s, Lender shall not be required to pay Banower any inter�t or earnings on such proc�ds. F� for public adjusters, or other third parties, retained by Bonower shall not be paid out of the insurance praceeds and shall be the sole obligation of Bonower. If the restoration or repair is not economically feasible or Lender's security would be lessen�, the insurance proceeds shall be applie� to the sums se�wed by this Se�urity Inslrument, whether or not then due, with the excxss, if any, paid to Borrower. Such insurance proceeds shall be applieri in the arder provided for in Section 2. If �nower abandons the Properly, Lender may file, negotiate �d settle any available insurance claim and related matters. If Bonower does not respond within 30 days to a notice from Lender that the insura�nce carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender ac�uires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower' s rights to any insurance proceeds in an amount not to exc� the amounts unpaid under the Note or this Se�urity Instrument, and (b) any other of Bonower's rights (other than the right to any refund of uneamed premiums paid by Borrower) under all insurance policies covering the Properiy, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceetls either to repair or restore the Properiy or to pay amounts unpaid under the Note or this Se�urity Instrument, whether or not then due. 6. Occnpancy. Banower shall occupy, establish, and use the Properiy as Borrower's principal residence within 60 da.ys after the e�ce�ution of tUis Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otheiwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuaring circumstanc�.s exist which are beyond Bonower's control. 7. Preservation, Maintenance and Protection of the Property; InspecNons. Bonower sha11 not d�troy, damage or impair the Property, allow the Property to deteriorate ar commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the Prop�rty in order to prevent the Properly from deteriorating or de,creasing in value due to its condition. Unle,ss it is determined pursuant to Section 5 that repair or restoration is not ecflnomically feasible, Borrower sha11 promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection witb damage to, or the taking of, the Property, Borrower shall be r�sponsible for repairing or restoring the Property only if Lender has releaserl proceeds for such purposes. Lender may disburse procceds for the repairs and r�toration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or r�tore the Properiy, Barrower is not relieve� of Borrower's obligation for the completion of such repair or re,staration. Lender or its agent may make reasonable entries upon and inspe�tions of the Properiy. If it has reasonable c�,use, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable �. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Horrower or with Bonower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or faile�i to provide Lender with material information) in conne�tion with the Loan. Material representarions include, but are not limite�i to, representations cflncerning Borrower' s occupancy of the Property as Bonower' s principal residence. 2300070575 D V6ANE NEBRASKA - Single Family - Fannle Maa�//Freddle Mac UNIF�ORM INSTRUMENT WITH �-6A(Nq (oe�o1 Paee � o� � s i��s: �C� Form 3028 1/A1 0