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2oioo7ss� work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is complcted. Unless an agreement is made in writing ar 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 other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of 8oz�rower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds sha�l be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, I.,ender may file, negotiate and settle any available insurance clain:� and related matters. Tf Borrower does not respond within 30 days to a notice from Lender that the insuxance carrier has offered to settle a clairn, then Lender rnay negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or 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 Security Tnstrument, and (b) any other of Borrower's rights (other than the right to any refund af unearned premiums paid by $orrower) under all insurance policies covering the Praperty, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least pne year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circurnstances exist vvhich are beyond Borrawer's control. 7. Preservation, Maintenance and Prptection of the Property; Inspectians. Banawer shall not destroy, damage or impair the Praperty, a11ow the Froperty to detexiorate or commit waste on the Property, Whether or npt Borrower is residing in the Froperty, Borrower shall mai.ntain the Property in order to prevent the Froperty from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section S that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or darnage. If insurance or condernnation proceeds are paid in connection with damage to, or the taking of, the Prop�rty Bprrpwer shall be responsible for repairing or restaring the Property only if Lender has released proceeds for such purposes. T.ender may disburse proceeds for the repa,irs and restoration in a single payment or in a series of progress payznents as the wor�C is coampleted. If the insurance or condemnation proceeds are not suf�cient to repair or restore the Property, Borz�ower is not relieved of Borrower's obligation for the completion of such repair or 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 improvernents on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the directian af Borrower or with Borrower's knowledge or consent gave materially false, rnisleading, or inaccurate information or staternents to Lender (or failed to provide Lender with material information) in cannection with the Loan. Material representations include, but are not lirnited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT fI �-6�NE) lost t1 PBpe 7 af 15 in�t�ais: cp � Form 3028 7/01 � �?, � : . .