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2oooo9soi work has been completed to Lender's satisfaction, provided that such irxspeclion shall be undertaken promptly. Lender may disburse proceeds for the repairs and res#oration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or oilier third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security wrn>_}cl he lessened, the ins>.uance proceeds shall be applied to the sums secured by this Security Instniment, whether or not then due, with the excess, if any, paid to Borrower- Such insurance proceeds shall be applied in the order provided fox in Section 2. If Borrower abandons the Property, Lender xnay file:, negotiate and settle any available insurance claim and related matters. If Borrower does not respond williin 30 days to a notice fmrn Lender that the insurnance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, ox if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid. under the Note or this 5ccttrity Instniment, and (b) any other of Borrower's rights (other than the right. to any relixnd of unearned premiLims paid by Borrower) under all insurance policies covering the Property, insofar as such righl5 are applicahle to the coverage of the Property. Lender may use the insurance prneceds either to repair or restore the Property or to pay amounts unpaid under the Nate ox this Seciuity Instnrn~ent, whether or .not [I~c;.n due. 6. Qceupancy. Borrower shall occupy, establish, and use the Property as Borrower°s principal residence within 60 days after the execution of this Security Instnrment and shall. continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, u:n.less Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extemtating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspectio~~s. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste an the Property. Whether or trot Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decrcatiing in vahxe due to its cnnclition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid lia.rlhcr deterioration or clamagc. if insurance or condemnation proceeds are paid in connection with. danaakc to, ar the taking of, the Property, Borrower shall be responsible fox repairing or restoring the Property only iF Lender has released proceeds fax such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment ar in a series of progress payments as the work is completed. If the insurance o.r condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not xelicveci of Borrower's obligation for the completion of such repair ox restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the irnp.rovements on the Property. Lender shall give Borrower notice at the time of or prior to such an. interior inspection specifying sucl.i reasonable cause- 8. Borrower's Loan Applieatio><t. Harrower shall he in dcfati>Zt if, during, the Loan application process, Borrower ar any persons ox entities acting at the direction of Borrower or with T3orrower's knowledge or consent gave materially false, misleading, or inaccurate infonnution or st<atemcnts to Lender (or Failed to provide Lender with material information) in co:lmection with the Loan. Material representations include, but axe not limited to, representations concerning Borrower's occuJ.9ancy of the Property as Borrower's principal residence. NEBRASKA- Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT ,,~~..,,-6 NE 0819 Page 7 of 15 Initials: ~~~ ~~fiY~ ( ) ( ) ~~ Form 3028 1101