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2� 17� 188� <br /> an agreement is made in writing or Applicable Law requires interest ta be pa�d on such insurar�ce <br /> proceeds,Lender shall not be required ta pay Borrower any interest or earnin�s on such proce�ds.Fees <br /> for public adjusters, or other third parties,retained by Borr�wer shall r�ot be paid out of th�insurance <br /> pro��eds and shall be the sole obligatian of Borro�ver. If the restorat�on or repair is not ec�nomically <br /> feasib�e or Lend�r's se�urity would be lessened,the insurance proceeds shall be applied to the sums <br /> secured by th�s Security Instrument,whether or not then due,with the excess, if any,paid t�Borrower. <br /> Such insurance proceeds shall be applied in the order pr�vided for in Sect�on 2. <br /> If Borro�ver abandons the Property,Lender may file,negotiate a,nd settle any available insurance <br /> c�a�m a.nd related matters.If Borrower does n�t respond within 3 D days t�a notice fir�m L�nder that <br /> the insuran�e carrier has of�ered to settle a claim,then Lender may negotiate and seitle the claim. <br /> The 3�-day period wi�l beg�n when the notice is giyen. In either e�ent,or if Lender acquires the <br /> Property under Sectian 2�or otherwise,Borrower herehy assigns t�Lender�a)Barr�wer's rights ta <br /> any insurance proceeds in an amaunt not ta exceed the amounts unpaid u.nder the Note ar this Security <br /> Instrument,and�bj any other of Borrovver's rights�other than the right to any refund of unearned <br /> prem�ums paid by Borr�wer�under all insurance policies cavering the Property, insofar as such rights <br /> ar�applicable ta the coverage of the Frvperty.Lender may use the insura.nce pr��eeds either to repair <br /> or restore the Prop�r�y or tQ pay amaunts unpaid under the Note or this S�curity Instrument,vvhether <br /> or not then due. <br /> 6. �ccupancy. Borrower sha�l occupy, esta.bl�sh, and use the Property as Borrower's�r�ncipal <br /> residence within 6�days aft�r the execution of this Secur�ty Instrument and shal�cantinue ta occupy <br /> the Property as Barrower's principal residence for at least one year after the date of occupancy,unless <br /> Lender otherwise agrees�n writ�ng,which consent shall not be unreasanably w�thheld,�r un�ess <br /> extenuat�ng circumsta.nces e�ist which are beyond Borrower's control. <br /> 7. Pr�s�rvat�on, IVlaintenance and Protection �f the Property; �nspeGtions. Borrower <br /> shall not destroy,damage or impair the Property,allow the Property to deteriarate or c�mmit waste <br /> on the Property. �Vhether ar nat Borr�wer is residing in the Praperty,Barr�wer shall maintain the <br /> Proper�y in order to prevent the Property fram deteriorating or decreasing in�alue due to its conditi�n. <br /> Unless�t is determined pursuant to Sectivn 5 that repair or restoration is not�canomically feasible, <br /> Borrower sha11 promptly repair the Property if damaged to av�id further deterioration or darnage. <br /> If insurance or condemnation�r�ceeds axe paid in connect�on with damage ta, or the taking of,the <br /> Property,Borrower shall be responsib�e for repairing or restoring the Proper�y only if Lender has <br /> released pro�eeds for such purpases.Lender may d�sburse praceeds for the repa�rs and restoration <br /> in a single payment or in a series af progress payments as the vv�rk is compl�ted. If the�nsurance or <br /> condemnation pro�eeds are not su�cient to repair or restore the Property,B�rr�wer is n�t relieved of <br /> Borrower's ob�igation for the compiet�on of such repa�r or restoration. <br /> Lender or�ts agent may make reasonable entries upon and inspections of the Property.If�t has <br /> reasonable cause,Lender may�nspect the interior of the improvements on the Pr�per�y.Lender sha11 <br /> g�ve Borrawer notice at t�ie time of or pr�or to such an�nteriar inspectian specifying such reasonable <br /> cause. <br /> 8. Borr�vrrer's L�an Applicat��n. Borrvwer shall be in default if,during the Loan applicat�on <br /> process,Bnrrawer or any persons or entities acting at the direction of Borrower or with Borrower's <br /> knowledge or consent gave materially fa�se,mis�eading, or inaccurate informati�n or sta.tements to <br /> Lender�or fa�l�d to pr��ide Lender with material information}in connectron�vith the Laa.n.Material <br /> 23D�435847 <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT Form 3Q281101 <br /> VMPg OfiI2015 <br /> Wblters Kiuwer Financial Services 20'I?�31617 1�.4'1 D2-J20160925Y Page 7 of 15 <br />