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i i I I ��14�755� ' � � � � � be ap��ied to rest�ration or repair af the Praper�y,if the restoration or repair is economically feasible and Lender's security is nat lessened. During su�h repa�r and rest�ration periad,Lender sha11 have the right to hold such insurance�roce�ds until Lender has had an opportunity to inspect such Proper�y t�ensure the work has been c�mpleted to Lender's sat�sfaction,pro�ided that such inspection sha11 be undertaken prom�t�y.Lender may disburse proceeds for the repairs and restaration�n a single payment or in a series of pr�gress payments as the wor1�is�ompleted.Unless an agreement�s made in writing or Applicable Law requires interest to be paid an such insurance�roceeds,Lender shall not be required to pay Borrawer any interest ar earnings on such praceeds.Fees far pub�ic adjusters,�r other third par�ies,retained by B�rrower shall not be paid�ut of the insurance proceeds and shall be the sole�bligation of B�rr�wer. If the rest�rati�n�r repair is not economically feasible�r Lender's security wauld be lessened,the insurance pr�ceeds shall be appl�ed ta the sums secured by this Security Instrument,whether or not then due,with the excess, if any,paid to Bnrrawer. Such insurance proceeds shall be applied xn the order pr��ided for in Secti�n�. If Barrawer abandons the Property,Lender may fi�e,negotiate and settle any available insurance claim and related matters.If Borrower does not respond within 3 D days to a notice from Lender that the insurarZce carrier has affered to settle a claim,then Lender may neg�tiate and settle the claim. The 3 4-day p�riod wil�begin when the natice is given.In either event,or if Lender acquires the Pr�perty under Section�2 ar othe�-vvise,Borrower hereby assigns to Lender�a�Borrower's rights to any insurance proceeds in an am�unt not ta exceed the amounts unpaid under the N�te ar this Security Instrument, and(b}any other of Borrower's rights�other thar�the right to any refund�f unearned prem ium s paid by B orrower�under al�insurance policies co�ering the Property, insofar as such rights are applicab�e t�the co�erage of the Property.Lender may use the insurance�roceeds either t�repair ar restore the Property or ta pay am�unts unpaid under the Note or this Security Instrument,whether ar not then due. �. ��cupancy.Barr�wer shall occupy,esta.blish,and use the Property as Borrower's principal residence within 6�days after the executi�n of this Security Instrument and shall continue t�occupy the Property as Borrower's principal residen�e for at Ieast one year after the date of occupar�cy,unless Lender otherwise agrees in writing,vvhich consent shall n�t be unreasonably withheld,or unless extenuating circumstances ex�st whiCh are beyand Borrawer's cantrnl. ?. Pres�rvation, Maintenance and Pr�tection nf the Prop�rty; Inspections. Borr�wer shall nat destroy, damage or impa�r the Fraperty, allow the Property to deteri�rate or commit waste on the Property.Whether nr not B�rrovver is residing in the Property,Borrower shall maintain the Property in order to pre�ent the Property from deteriorating ar decreasing in va�ue due to its con�ition.Unless it is determined pursuant tn Section 5 that repair or restoration is not economical�y feasible,Borrower shall prompt�y repa�r the Property if damaged ta a�oid further deterioration or damage. If insurance�r condemnation pr�ceeds are pa�d in cannecti�n vvith damage to,or the taking af,the Property,B�rr�wer shall be respansib�e for repairing or restoring the Property�n�y if Lender has r�leased proceeds for such purposes.Lender may d�sburse proceeds for the repairs and restorati�n in a single payment or in a series of progress payments as the work is campleted.If the insurance ar c�ndemnation pr�ceeds are not suf�ic�ent to repair or restore the Property,Barro�ver is not relie�ed of Barrawer's obligati�n for the completian of such repair or rest�ratian. 1378�85�D9 NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNIF�RM lNSTRUMENT 3028�1�� VMP� 42l�4 ; Vllviters Kluwer Finar�cial Servi�es 2a14�121'{4.2.Q.2944-J2014D429Y [nitials. of'17 "HL0�378 5 '`