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2� 1 ��87�4 <br /> ec�nomica�ly f�asible and Lender's security is not lessened.During su�h repair and restoration period, <br /> Lender shall have the r�ght to hold such insurance prnceeds unti�Lender has had an opportunity to <br /> inspect such Prvperty t��n�ure the work has been completed ta Lender's satisfactian,provided that <br /> such inspection shall be und�r�a.ken pr�mptly.Lender may disburse prv�eeds for the repairs and <br /> restoration in a single payment or in a seri�s of progress payments as the work is completed.Unless <br /> an agreement is made in writing or As.pplicahle Law requ�res interest to be paid on such insurance <br /> proc�eds,Lender sha11 not be r�quired tv pay Borrower any interest�r earn�n�s on such proceeds. Fees <br /> for pub�i�adjusters, or other third parties,r�tained by BorroWer shall not be paid out of the insuranc� <br /> proceeds and shall be the so�e abligati�n of Bnrrawer. If the restoration or repair is not economically <br /> feasible or Lender's security wou�d be lessened,the�nsurance proceeds shall be applied to the sums <br /> secured by th�s Security Instrument,whether or nat then due,with the excess, if any,paid to Barrower. <br /> Such insurance proceeds shall be applied in the order pro�ided for in Section 2. <br /> If Barrower aband�ns the Property,Lender may f ley negot�ate and settle any a�ailable insurance <br /> claim and related matters.If B�rr�wer does n�t re�por�d within 3U days t�a notice fron�Lender that <br /> the ansurance carrier has offered to settle a claim,then Lender may n�g�tiat�and�ettle the claim. <br /> The 3�-day period w�11 hegin when the natice i�gi�en. In eith�r e�ent,or if Lender acquires the <br /> Property under Section 2�or otherwise,Borrower hereby assi�ns ta Lender�a}Borrovver's rights to <br /> any insurance pro�eeds in an arnount nat to exceed the amounts unpa�d under the Note or this Security <br /> Instr�ument, and�b�any other of Borrnwer's rights(other than the right to any r�fur�d of unearned <br /> prerr�iums pai�d by Barrawer� under ail insu�ance poli�ies c�vering the Property, insafar as such rights <br /> are applicabl�ta the c��erage of the Property.Lender n'ay use the insurance praceeds�ither to repair <br /> ar restore th�Property or to pay amounts unpaid ur�der the Note or this Secur�ty Instrument,whether <br /> or not then due. <br /> C. �ccupancy. Barr�vv�r shall accupy, establish, and use the Prop�r�y as B�rro�v�r's pr}ncipal <br /> residence within 54 days after the exe�uti�n�f this S��urity Instrument and sha11�ontinue to o�cupy <br /> th�Propert�y as Borrower's pr�ncipal residence for at least one year aft�r the dat�of occupancy, unless <br /> Lender otherwise agr��s in writing,which consent shall not be unreasonably withheld, or un�ess <br /> extenuatin�c�rcumsta.nces e�.ist which ar�beyond��rraw�r's c�ntrol. <br /> 7, Pr�serriati�n, Nla�ntenance and Prate�t�on of the Pro�erty; �nspect�ons. Borrower <br /> shall not d�stray, damage or impair the Proper�y,al��w t�e Property to det�ri�rate or commit waste <br /> or�the Property. Whether or not Borrow�r is residing in the Pro�er�y,Borrovv�r shall maintain�he <br /> Pr�perty in arder to prever�t the Property fr�m deter�orating or decreas�ng�n�alue due tn its conditi�n, <br /> Un1es�it is determined pursuant to Section 5 that repair or re�torati�n is not econ�mi�a�ly feasible, <br /> Barrawer shall promptly repair the Property if dama�ed ta avoid further deteriorati�n or damage. <br /> If insuranc�or condemnation pr�ceeds are paid in connection with damage to, or the taking of,the <br /> Praperty,Borrawer shall be responsib��f�r r�pairing�r restoring the Pr�perty only �f Lender has <br /> released proceeds far such purposes.Lender may disburse prac�eds f�r the repairs and r�storation <br /> in a single payment ar in a series of progress payments as the work�s campleted� If the insurance or <br /> condemnation proceeds ar�n�t suff'icient to repair or r�store the Praperty, Borrower is nat relieved of <br /> Barrower's obl�gation for the campletion of such repa�r or rest�ration. <br /> Lender or its agent may make reasonab�e entries upon and i�sp�ctions of the Property.If it has <br /> r�as�nal�le eause,Lender may inspect the interior�f the imprvvem�nts on the Fraperty.Lender shal� <br /> gi�e Barrower n�tice at the time af or prior to such an inter�ar inspection specifying such reasonable <br /> cause. <br /> 23�a42�748 <br /> NEBRASKA-Smgle Family-Fann�e MaelFredd�e Mac UN�FDRM INSTRUMENT Fo�rri 3�2811D'i <br /> VMP� �12016 <br /> Walters Kiuwer Financiai Services 2�1612121 fi�❑3885-J20160?20Y Page 7 of�6 <br />