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2oioos4~s rovided that such inspection shall be undertaken work has been completed to Lender's satisfaction, p a ment or in a series promptly. Lender may disburse proceeds for the repairs and restoration in a single p ~ livable Law of progress payments as the wor ch ~uPan proceeds, Lend halllnot be required to pay Borrower any requires interest to be paid on su interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retain y Borrower shall not be paid out of the insurance proc~ds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender' Ire eiiw whetter orrenot~then due,rwith proceeds shall be applied to the sttms secured by this Security lied in the order provided for in the excess, if any, paid to Borrower. Such insurance proceeds shall be app Section 2. file, negotiate and settle any available insurance If Borrower abandons the Property, Lender may claim and related matters. If Borrower does not respond within eo odttate rand settle the claitnn'I'he Ot day insurance carrier has offered to settle a claim, then Lender may g period will begin when the notice is given. In either event, or if Lender acquires the Prope nstix d~ Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premituns paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the Lender may use the insurance Prods either to repair or restore the Property or coverage of the Property. Instrument, whether or not then due. to pay amounts unpaid under the Note or this Security as Borrower's principal 6. Occupancy. Borrower shall occupy, establish, and use the Property residence within 60 days after the execution of this Security Instrument and shall continue t~occufp~ynd r Property as Borrower's principal chid~~~o shall no tbe unreasonably dwxthheld oranunless extenuating otherwise agrees in writtng, wh circumstances exist which are beyond Borrower's control. I~Y+ Inspections. Borrower shall not 7, preservation, Maintenance and protection of the Pro destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is residinn i or dec ~ ng i Bvalue dueholits~conditione Unless It is order to prevent the Property from deterxora g determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower sh e. If insurance or tl air the Property if damaged to avoid further deterioration or dama Property, Borrower promp Y rep a to, or the taking of, condemnation process are paid in connection with damag rods for such shall be responsible for repairing or restoring the Property only if Lender has relea m nt or in a series of purposes. Lender may disburse proceed leo~t If th ainsuranceso°rc°ndemnationlp oceeds are not sufficient progress payments as the work is comp letion of to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the comp such repair or restoration. nand ins tions of the Property. If it has Lender or its agent may make reasonable entries upo Pce ins ect the interior of the improvements on the Property. Lender shall give reasonable cause, Lender may p such reasonable cause. Borrower notice at the time of orip~rit n.sBorr wereshoalll ben defau~ltt flnduring the Loan application $. Borrower's Loan App process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower s lrnowledge or consent gave materially false en sleadotion)~in r connectiontiwithr the a Loan. t Material (or failed to provide Lender with mat representations include, but are not limited to, representations concerning Borrower's occupancy of e Property as Borrower's principal residence. NEBRASKA -Single Family -Fannie Maelpreddie Mac UNIFORM INSTRUMEN n't'aI6• Form 3028 1/01 Page 7 of 16 -B(NE) Ioatil