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��15�1SS1 be applied to rest�rat�an ar repair of the Prop�rty,if the re storation or repair is e�anomi�ally feas�ble and L�;11L��r�S S��Ur1�15 I�at��55�I1�C�. During such repa�r and restaratian period,Lender sha11 ha�e the right ta h��d such insurance proceeds until Lender has had ar�opportunity to inspeCt such Property to ensure the�ork has beer��mp�ete�ta Lender's satisfaction,prv�vided that such inspeGtion shall be undert.�en promptiy. Lender may disburse�roceeds for the repa�rs ar�d restoration in a single payment or in a seri�s of pragress pa�ments as the wark is campleted. Un�ess an agreemer�t is made in�v�rriting or�pplic�ble Law requires interest to be paid on such�nsuran�e proceeds,Lender shall not be required ta pay Borrower any interest or earnings on such procee�s. Fees for pu�lic adjusters,or ather th�rd parties,r�tained by Borrower shall not be paid out�f the insuran�e pro�eeds and sha11 be the s�1e obligation of I3orrower. If the restorati�n flr repair is not economically feasible or Lender's security��uld�e �essened,the insurance praceeds sha11 be applied to the sums secured by this S�curity Instrument,whether or not then due,with the exc�ss,if any,paid to Borrower. Such insuran�e proceeds sha11 be applied in the order pro�ided for in Section 2. If Borrovver abandons the Propert�, Lender may file,negotiate and sett�e any available insuran�e�laim and related matters.If Borrov�er daes not respond vvithin 3D days to a nat�ce fr�m Lender that the insurance carrier has offered to settle a cla,im,then Lender may negatiate and settle the cla,im.The 30-day period will be�in v�hen the nflt�ce is gi�en. In either event,or if Lender acquires the Property under S�ction�� or otherv�rise,Borr�wer hereby assigns to Lender�a}�arro�ver's rights to an�insurance pr�ceeds in an amflunt not to exceed the amounts unpaid under the Note or this Securit�Instrument, and�b}any other of Borrower's rights �other than the right to any refund of unearned premiums paid hy Borrower}under all insurance polici�s cavering th�Property, insofar as su�h rights are appli�ab�e ta the cov�rage of th� Property.L�nder may use the insurance proceeds�ither to repair or restore the Proper�y or to pay amounts unpaid under the Note or this Security Instrument,whether or not then due. �. C]ccupancy.Borrov�er shall ac�upy,estab�ish,and use the Praperty as Lorrower's principal residence within 6�days a.fter the execution of this Seeurity Instrument and shall continue to occu�y th�Property as Borrov�er's principal residence for at least one year after the date of occupancy,ur�less L�nd�r otherv�ise agrees in�riting,v�hich c�nse�t sha��not he unreas�nably v�ithheld,or unless�xt�nuatin�cirGumstances exist v�hich axe beyond Borrower's�ontrol. 7. Preser�ration, I�ain#enanc� and Pratection of the Property; �nsp�ctian�. Borro�er shall not de stray,dama�e or impair th�Propert�,a11aw th�Propert�to d�teriorate or�ommit v�aste on the Property.�iether or not Borrov�er is residing in the Property, Borro�ver sha11 mainta.in the Property in �rder to pre�ent the Property from deteriora.ting or decreasir�g in�alu�due to its candition. U11��55 lt 15 determined pursuar�t to Section 5 that re�a,ir or restoratian is not ecan�mi�ally feasible,Borrower sha11 pr�mpt�y repair the Property if damaged to a�oid fur�her deteri�ration or damage.If in�uran��or condemnatian proceeds are paid i.n connect�on v�ith daxnage to,ar the taking of,the Pr�p�rt�, Borrov�er shall�e respons��le for repairing or restoring the Property or�ly if Lender has released�raceeds for such purpases.Lender may d�sburse proceeds for the r�pa�rs and restoration in a�ingle payment or in a ser�es nf progress payments as the vvork is completed. If th�insurar�ce or�ondemnation pro�eeds ar�not sufficient to repair or re store the Property,Borrawer is not relieved of Borro�ver's obligation for the c�mpletion of such repair or restora.tion. HCFG-00359 NEgRASKA-Single Family-Fannie MaelFreddie Mac UNlFDRM INSTRUMENT Form 3028 1101 VMP� Q�'�� Wolters Kf�wner Financia!5ervives 2D15D3184.1.�.28'�5-J20141��BY Page 7 af 17 *27979 *