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2� 1 ��8282 � rest�ration in a single paymen�or in a series flf progress payments as the work is completed.Llnless a�n agreement is made in writing or Applicab�e Law requires interes�to be paid an such i.nsurance pr�ceeds,Lender shall nat be required tv pay Borrower any �nterest or earnings�n such proceeds. Fees far public adjusters,ar vther third parties,retained by Borrower sha��not be paid vut of the insuran�e proceeds an�shall be�1i�svle obligation of Borr�wer. If the restoration vr repair is not ecanomically feasible or Lender's security would be lessened,th�insurance proceeds sha11 be applied to�he sums secured b�this Security Instrument,whe�her ar not then due,v�ith the excess,if any,paid tfl Borrower. Such insura.nce proceeds sha�I b�app�ied in the vrder pravided f�r in Section 2. If Bflrra�er abandans the Property,Lender may file,nego�iate and settle any availab�e insurance claim and related matters. If Borrow�r does nvt respond vvithin 3�days t�a no�ice from Lender that th�insurance carrier has offered tv settle a clairn,then Lend�r may neg�tiate and settle�he claim. The 3�-day peri�d wiil begin when the notice is given. In either event,�r if Lender acquires�he Property under Secti�n�2 or ot�erwise,Borrov�er hereby assigns to Lender(a}Borro�ver's rights to any �nsurance pr�ceeds�n an amount not�a exceed the amounts unpaid under the 1�T�te ar this Security Instrurnent,and(b)any a�her of Borrower's rights tother than the right to any refund of unearn.ed premiums pa�d by Borrov�er}under a�l insurance palicies c��ering the Property,insofar as su�h rights are applicab�e to the Goverag��f the Pr�perty. Len�er may use the insurance proceeds either to repa�r ar restore the Property or to pay amounts unpaid under�he lrl�ote�r this Secur�ty Ins�rument,whether or not �n ue. 6. ��upancy. B�rrawer shall�ccupy,es�a.blish,an�use the Prop�rty as Borro�er's principal residence within��day s after the execut�on of this Security Instrum�nt ar�d shal�can�inue tv�ccupy the Pr�perty as Borr�wer's�r�ncipal residence for at least one year aft�r the date of o��upar�cy,unless Lender otherw�se agrees in writing,vvhi�h�onsent shall not be unr�as�nably withhe�d,or unless e�tenuating circumstances ex�st which are beyond Borrower's contrvl. 7, Preservat�on, Maintenance and Prot�ction of the Property; lnspections.B�rr�wer sha11 not destroy,damage or impair the Property,a11ow the Property�a�.eteriorate or cammit waste an the Property. �hether or not B�rrower is residing in fihe Property,Borraw�r shal�mainta.in the Pro�er�y in order to prevent�e Property fram d�teriarating or decreasing in value due to its canditian. L�nless��t is d��erm�ned pursuan�tn Section 5 that repair or restoration is not econvmically feasible, Borrower sha11 promptly repair the Property�f damaged to avoid fur�her deteri�ration ar damage. If insurance or condemnatian proceeds are paid in connecti�n with da�nage to,ar the tak�ng af,�h� Pr�perty,Borrower sha11 be responsible for repairing or restaring the Praperty anly if Lend�r has released proce�ds for such purposes. Lender may disburse praceeds for the repairs ax�d res�orat�on �n a sing�e payment or in a series�f progress payments as the v�ork is completed.If the insurance or �ondemnativn prviceeds are n�t suff'icient ta repair or restore the Praperty,Borrower is not re�i�ved af Borrower's obligation for the Gvmpletion of such repair or restoration. Lender�r its agent may make reasonable entries upon and inspections of the Property. If�t has reasanable cause,Len�er may inspect the int�rior af the impr�vements on the Pr�perty. Lender shal� give Borro�er notice at the time of or prior ta such an interior inspection specifying such reasonab�e cause. ;, ; .. ,.. , 8. Ba rrawe r's Loa n Ap p l i catio n. Barrawer sha11 be in default if,�uririg t�e�.oan appli�a��vn process, Borrvwer�r any persons ar entities acting at the direetion vf Bvrrower or with Borrower's knnwledge or consent gave materially false,misleading,or inaccurate information or statements ta Lender(ar failed ta provide Lender with material inforrnatian}in cannection with the Loan. Material SD2fifi56fifi3 NEBRASKA-5ingle Family-Fannie MaelFreddie Mac LINiF�RM INSTRUMENT Form 3Q�8�1�1 V M P�7 Ofi12��fi Wolters Kluwer Financial Senrices 2�1E11281fi.1.3.3621-J2�96�8�5Y Page 7 of�I