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2� 17��85 an agreement i�made in writing or App��ca�le Law requires interest to b�paid�n such�nsurance praceeds,Lender shall not be required to pay�orrower any inter�st or earnings on such p�oceeds. Fees for ublic adjusters,�r other th�rd part�es,retained by Borrawer shall not be paid e�ut of th�in�urance p . . . . . . proceeds and shall b�the sale ab�igat��n�f Borrower.If the r�storat�on ar repair is n�t econom�cally feasible or Lender's security would be�ess�ned,th� insurance pr�ceeds s�all be a�plied ta the sums secured by th�s Security Instrun�ent,whether�r not then due,with the excess, if any,pazd ta Borrower. Such insura.nce pro��eds shall be appii�d in the ord�r pro�ided for in Section 2. If Bo�-�raWer abandons the Pxopert�,Lend�r may fi�e,negotiate and settle any available insurance claim and r�lated maiter�.If Borrower doe�not�espond within 3�days to a notice from Lender that the �nsurance carr��r ha�of�ered ta settle a claim,then Lender may negotiat�and setti�the c�aim. The 3 D-day p�ri+�d�v�ll b��in whex�th�natic�is given. In either e�ent,or if Lender acquires the Pro�erty under Section�2 or atherwise,Borrower hereby assigns to Lender(a}Borrower's rights to an�insuran�e proceeds in a.r�amaunt nat to exc�ed the a.mount�unpaid und�r the Note or this Security Instrument,and(b}any other�f�orr�wer's rxghts��ther t�an the right to any refund of unearned premiun�.�paid by B�rrower}under a�l insuranc�policies co�ering the P�aper�y, insofa.r as suc�i r�ghts are applica��ta the co�erag�of th�Property.�ender may use the insurance proceeds�ither t�repair or restore the Property or to pay amvunts unpaid under the Note or this Security Instrument,whether or not then due. 6. ��cupancy. Borrower shall occupy,esta.blish,and use the Praperty as Borrovver's principa� residence within��days after the executi�n of th�s Security Instrument ar�d shal�continue to accupy the Property as Borrower's principal resider�ce for at��ast one year after the date of occupancy,unless Lender otherw�se agrees in writing,which consent shali not be unreasonably withheld,ar unless extenuating c ircum stance s exi st which are beyond B orrower's c�ntro l. 7. Preser�ation, AAa�ntenance and Pr�tectian of the Praperty; Inspections. Barrower sha�l not destroy,damag�ar impair the Prope�-ty,allaw the Property to deteriarate ar commit waste on the Pr�perty. Whether or not Borrawer�s residing in the Proper�y,Barrnwer shall maintain the Praperty in arder to prevent the Property from deteri�rating or decr�asing in�aiue due to its condition. Unless it is det�rn�ined pur�uan.t to �ection 5 that rep�a.ir or restoration is not ecan�rnically feasible, Bc�rr�wer shall pr�mptly r�pair th�Property if damag�d t�a�oid further deterioratian ar damage. If i.nsurance or condemnation pr�ceeds are paid in c�nnect�on with damage t�, or the taking of,the Property,Borr�wer shall be respansible f�r repair�ng or r�storing the Property�nly if Lend�r has rel�ased proceeds f�r�uch purpo�e�.L�nder may disburse proceeds f�r the repairs ar�d restaration in a single paym�nt or in a s�xie�of progress payrr�ents�.s the work�s completed.If the insuran�e or condemnation proceeds are n�t sufficient ta repair�r r�store the Property,Borr�wer i�nat rel�e�ed of Borrower's�bligation for the c�ampl�tion af such repair or restoration. Lender or its�.gent may make reasonable entrie�upon and�nsp�cti�ns of t�ie Property.If it ha� reasonat�le cause,Lend�r may inspect th�int�rior�f th��mpra�ements on the Property.L�nder shal� g�ve Barrower notice at the time af or priar tt�suc�an int�rior in�pe�tion specifying such reasonable cause. 8. Borr�wer's Laan Applicat�on. Barr�vver shall be in default if,during the Loan applicati�n process,Borrow�r ar any p�rsons�r entiti�s acting at the direction of Borrow�r ar with Borrvwer's knowledge or cansent gave materially false,misleading,or inaccurate infarmati�n or statements to Lend�r�ar failed to provide Lender with material information}in connection with the Loan.Material z3vo43o2a3 NEgRASKA-Single Family-Fanrne MaelFreddie Mac�NiF�RM INSTRIJMENT Form 3028�1�1 VMP� 4fiI�D1 fi WQolters Kluwer Financial Sernces �09 7011316 2�3925�2016472QY Page 7 vf 16