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201003379 work has been completed to L,ender's satisfaction, provided that such inspection shall be undertaken romptly. Lender may disburse proceeds for the reps an a eesment is made in writ ng or Appli able Law p a Borrower any of progress payments as the work is completed. n uired tap y requires interest to be paid an such insurance proceeds, Lender shall not be reel artier, retained by interest or earnings on such proceeds. Fees for public adjusters, or other third p aid out of the insurance proceeds and shall be the sole obligation of Borrower. If Borrower shall not be p the restoration or repair is not econamicall iedfe biblt~els ~ud~y Inst~rum nW whether or eno~then dueurwith proceeds shall be applied to the sums secu Y lied in the order provided for in the excess, if any, paid to Borrower Such insurance proceeds shall be app Section 2. file, ne otiate and settle any available insurance If Borrower abandons the Property, Lender may g claim and related matters. If Borrower does not rest der may negotiate and settle the aimnThet3O--day insurance carrier has offered to settle a claim, then under period will begin when the notice is given. In either event, or if Lender acquires the Prope nsurance Section 22 or otherwise, Borrower hereby assigns ~a der the Na a or this rSecurity Instrument, and proceeds in an amount not to exceed the amounts unp refund of unearned premiums paid by (b) any other of Borrower's rights (other than ~~ ~ g°ht ~° afar as such rights are applicable to the Borrower) under all insurance policies covering Pe y use the insurance proceeds either to repair or restore the Property or coverage of the Property • L-ender may _ to pay amounts unpaid under the hall occur y~est bl sh,t ande utse heehProperty are Borrowto occunc the (, pceupancy. Borrowers P residence within 60 days after the execution of this Security Instrument and shall continue unless Lender Property as Borrower's principal i ~id~~n°rs~~~le got be yunreasonably dwithheld~ or~~ess extenuating otherwise agrees in wrrttng, circumstances exist which are beyond Borrower's control. Inspections. Borrower shall not 7. Preservation, Maintenance and Protection of the Property, destroy, damage or impair the Property, allow he ~ perrtty, tBordrowe° shall ma retain the Fropert ftin Property. Whether or not Borrower is residing tot p in value due to its condition. Unless it is order to prevent the Property from deteriorating or decreasing determined pursuant to Section 5 that repair or restoration is not economically feasibele, IBo nsurance or promp y ep if dama ed to avoid further deterioration or d ~ Property, Borrower tl r air the Property g e to, or the taking of, condemnation proceeds are paid in connection with datnag only if Lender has released proceeds for such shall be responsible for repairing or restoring the Prop rtY u oses. Lender may disburse proceeds for the repair~anancesor eondemnationlp oaceeds are not sufficiern p ~ leted. If the t letion of progress payments as the work is comp to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the cemplf it has such repair or restoration. ections of the Property Lender or its agent may make reasonable entries upon and tnsp Lender shall give reasonable cause, Lender may inspect the interior of the improvements on in Pu ~ r asonable cause. Borrower notice at the time of or prior to such an interior inspection specify g lication 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan app rocess, Borrower or any persons or entities actin atothe~d~u atennformat nor stat mentsBto Lender p ave materially false, rmslead g, Material knowledge or consent g in cennection with the Loan. (or failed to provide Lender with material information) re resentations include, but are not limited ta, representations concerning Borrower's occupancy of the p Property as Borrower's principal residence. tnitiats: ~/~ Form 3028 1101 NEBRASKA -Single Family -Fannie Mae/Freddie Mac U NQFORM INSTRUME -BINE1 iostn .; _