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2� 1 ��2872
<br /> he und�rtaken promp#�y.Lende�may disburse praceeds for the�epa�rs and r�staratian in a single payment ar in a series vf
<br /> pr�gress payments as the work is compl��ed.�nless an agreement is made�n writing or Applicable Law requir�s�n��rest
<br /> ta be gaid an su�h insurance p�aceeds,�.ender sha��no�be required tv pay$onrower any interes�or earnings on suc�
<br /> procee�.s.F��s f�r gublic ad�ust��-s,or ather�hird parti�s,zetained by Barrov�er sha11 na�be�aid au�of�e insurance
<br /> proGe�ds and sha�l be�he sole obligat�on of Borrower.�f�he r�s�arat�on or repa�r is nt�fi econflmical�y feasib�e gr�,endear's
<br /> security would be lessened,the�nsurance procee�s s�a��b�app�ied�a the sums secured by�his Security Instrument,
<br /> �rhether or not then due,wi�h th��xcess,if any,paid to Barrowe�.Such�nsurance pr�ceeds shal�b�app�ied in�he order
<br /> provxded f�r ir��ection�.
<br /> If Borra�rer��andvns the Prvper�y,Lend�r ma.y f�e,ne�otiate and�e#tle any avai�ab�e insurance��aim and related
<br /> ma�ters.If Borraw�r�oes nQ�t r�spvnd v►ri�hin 30 days to a�o�ice fr�m Lender tha�the�nsurance can-i�r has ofFer�d to
<br /> settle a cla�rn,then Lender may nega��at�and s�t�l�th�claim.The 3�-day period wi��begin when t��nvt�ce is gi�en.In
<br /> either e�en�, ar if L�nd��a�qu�res fhe Property un.der��ctio��� ar athez-wise, Borr�wer hereby assigns�a�ender
<br /> �a�Borro�ver's rigk��s to any insuranc�praceeds�n an amount not�o exce�d the amaunts unpaid under th�Na�e ar�his
<br /> Secun.ty Instrum.en�,and�b�an�o�her of Borraw�r's��ghts{o�her�ian the righ#�o ax�y refund of ur�earned premiums paid
<br /> �by Bv�-ower}under a1�insuranee poli�ies cavering�he Property,�nsafar as such rights ar�app�icable to the co�erage af
<br /> the Property.Lender may use the insurance proceeds e��her ta repair or�es�are the Proper�y or ta pay amounts unpaid
<br /> under�he Note or�h�s Se�urity Inslart,iment,�vk�e�her ar not then due.
<br /> 6.Qccupancy.Barra�ver s�►a�l oc�u�y,esta�lish,and use th�Fraperty as B�rrower'�p�xncipal resi�.�nce v►rit��n 6D
<br /> days after the exe�ution af this Se�uri�y Instru�nent and sha�l con�inue to o�cupy t�.e Prap�rty as Borrower's princ�pa�
<br /> res�den�e fvr at le�st�ne year after the date of occupancy,unless Lend�r othezw�ise agrees in writing,whi�h consent�halI
<br /> nat be unreasanably vv�ithhe�d.s flr un�ess extenuat�ng circums�ance�exis�v�rh��h are l�eyond Borrower's contral.
<br /> ?.Preservation,Maintenaoce aad Pratection vf the Prvpert�;IQspections.Borrnwer sha��no�destroy,darnage
<br /> o��mpa�r the Prope�r,ailow�a.e�'roperty to d�teriarate ar co�,rnzt v�aste on the Praperty,V�e�er or not Bonrower�s
<br /> resi�ing in the Prflperry, Bo�rov�er sha11�aizatain the Property in orde��❑preWent the Propexty fram deteriora�ing or
<br /> decreas�ng�n value due to�ts condi�ior�.Unless�t is de�ern�ined pursuant�o Sectx��5 tha�repair ar restoratian is nv�
<br /> ecQnornically feas�ble,�orrvwer sh�a��p�vmptly repair the Prope�y�f damaged to avaid further detearxo�ra�xon oz damage.
<br /> �f insurance or condemnation praceeds are pa�d in conne����n v�ith damage�o,v�the taking of,�he Prapez-�ys�vrrower
<br /> sha��be respons�b�e for�epa�riMg or restoring�he�raperty o�.ly zfLen�.er has released proc�eds for su��purposes.Lender
<br /> may disburs�proceeds fo�r�h.e repairs and resto�rat��n in a single payment or in a series of pr�g�ress�aymen�s as�he war�
<br /> is com.pleted.�f the insurance or cond�mnation praceeds are not su�c�en�fia repau or restore the Property,Barrowe�is
<br /> not�re�ie�ved of Borrow�r's obiigation for the cvmpletion of such repair ar r�s�oration.
<br /> Lender or��s ag�t may make reasona�l�er�tries u�aan and insp�ctions of the Property.If it has rea.�or�able eause,
<br /> Lender may inspect t�e inter�ar of th�imprvven�ents on the Pro�erty.Lender shall g��e Bvrror�ear no�ice a��.ae time of vr
<br /> p�ivr�o such an in�erior inspection specifying such reasonable cause.
<br /> S.Barrawer's Lvan App�ication,Barrflwer shall be�n de�'ault if,durzng the Laan ap�li�akian pr�cess,Borraurer or
<br /> any persons or enfi�ies acting a�the d.irect��n of Borrower or with Barrov�er'�knowledge�r c�nsen�t gave ma�erially
<br /> �a1se, mi��eading, or inac�ura�e information or s�atements to Lender �ar fai�ed �� provid� Lender �vzth mater�al
<br /> inf�rma�ian} in �onnection �vith�the Loaz�. Ma�eria� repr�sentat�vns include, ��t a�-e not limited�a,representations
<br /> conc�rning�orrawer's v�cu�ancy of the Prap�rty as Borrvwer'�principa�residence.
<br /> 9,PrQtect��n af Leader's Interest in�he Prvp�rty and Rxghts Under tais SeCuri�Instrumen�.If�a}Borrower
<br /> faxls�o perfozrn�he covena�a.ts and agr�eznents conta�ned in�his Security Instrument,�b}th�re is a�ega1 prac�eding thai�
<br /> might s�gnificant�y a�`fect Lender's interest in the Praperty a�dlvr�igh�s wr�.der th�s Secu.�i�y Instrument �such as a
<br /> pz�oceeding in banl�-up�cy,probate,for candemna�ion or farfeiture,for enforcem.en�of a���n which ma�attain prio���y
<br /> vver this S�curity Instrumen�vr ta en�arce�aws or regulations�,or�c}B orrower has abandoned the Propert�y,then L�ndex-
<br /> rr�ay da and pay f�r vvha�evex is reas�nab�e or apprvpria�e to pratect Lend��r's zntez-est in fihe Praperiy and rights under this
<br /> NEBRASI�A-5i�gle Famiiy-Fannie Mae�reddie Mac�NIF�RI�I INSTRLJh�EiVT Fo�m 3428 �tD�
<br /> ���s���� �
<br /> �os,��e.-��s� Barrouver�s}Ini�iaE �
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