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201�08201 work has be�n complet�d to Lende�r's satisfaction, provided that such inspaction sball be undertaken prcamptly. �.cnder may disburse prncee�s for the repairs and restnration im a singlc pay�nent or in a serics of progr�s paymeint� as the work is comple�ed. Unlesx an �t is made in writing or Applicable Law requires interest to be paid on such insuramoe proceeds. I.ender shall not be requir�d W pay Horrower any interest or carnings on such proc�eds. Fees for puhlic adjusters, or oth�r third parties, rctaiined by Hormwer sh�ll not be paid aut of the insuxance proceEds and shall be the sole obligation af Boxxovver. If the reswration or repair is not econamically feasible or Lend�r's �ecurity would be less�ne�, the insurance proceeds shall be applied to the sums secured by this Security Inshvmeut, whether or not th�n due, with the excess, if any, paid to Borrower. �ch insurance proceeda shall be applied in the ord�r provided for in Section 2. . � Borrower abandons the Property, Lend�rr m�ay file, negotiate and settle any available insurance claim and r�lated matters. If Borrower does not respond within 30 daya to a notioe from L.ea,der that the ina��,�n� carrier has offered to s�ttle a claim, t�en L,�der may nsgotiate and settle the claim. The 30-day period vvill begin wheu the notice is givc�n. In either event, or if � acquir� thc Property under Section 22 or athcrwise, Eorrow�r her�by assigns to I.ender (a) I3armwcr's rigbis w an�y insurance pz'oc�eds in an amount not to eaceed the amouats uu�aid under th� Note or this Sec�uity Insbnmtient, and (b) anY other of Borrower's rights (other than ths right to any refund of unearned premium� paid by Borrowex) under all insurancc policie� cavering the Property, insofar as such right� are applicable to the coverage of the Property. Le,nder may use thc insurance proceeds either to repair or restnre the Property or ro pay amounts unpaid under the Note or this Securiry Instrum�ent, whether or not theu due. 6. Oocn�►ancy. Borrow�r st�all occuPY, establish, and usc the Property as Borrower's principal residence within 60 days after the execution of this Securi�ty Ynstrument �nd shall continue to occupy the Praperty as Borrower's principal r�id� for at least one year after thc date of ocxupa�y, unless Lender otherwise agrces in writing, which cnnsent shall not bc unreasonably withheld, or unless c.xte�nuating circumstances �c,ist wluch are beyoud Borrower's c�ntral. 9. Pc�rvadon, Malnteuanee snd Protection of the Praperty: Inspect�ions. �oxrow�r shall not de�trny, damage or impau� the Prop�rrry, allnw the Property w deteriarate ar commit wasC� on the Property. Whether or nat Borrower is resitling in th� Property, Horrower shall maintaiin th� Frope�ty in arder to prevent the PrapeYty from deteriorating or d�ea,4ing in value dus to its condirion. Unless it is deterimined pursuant W Sec�ioa S that repair or restoraCion is not economically feasible, Horrower shall P��Y �P� ��nY if d.amaged w avoid furthcr detaerioration ar dainage. If i�nsurance or cand�on procee�s are paid in oonnecxion with damage W. or the talang of, the Prope�rty, Borrower shall be responsible for repai�ing or restaring the Praperry only if Lsnder has relea�ed paroce�s for such purposas. I.ender may disburse prace�s fox the repairs and restoration in a sin�gle payt�nt or in a series of pmgress payments aa the work is o�mplet�d. If the insurance or �on proceeds are not suff cicnt ta repair or restore the Properiy, Borrower is not relieved qf Harrower's obligation fpr tb.e c�onnpletion of such n�epai�r or re�staration. �.,�:nder ar its agent may make reasonable �trias upan and ins�ections of the Property. J� it has reasoniable cause, L,ender m�ay inspect the interior of the imprav�ts on the Pmperty. Lender shall give 8oxrower natace at the time of or prior to srxctt an interior inspection specifying such reasonable cause. 8. Born►we�'a Losn Applieatlon. Borrower shall be in defautt if, dwrin,g the L.oan application process, Borro�wer ar any persons or entities actiug at the direction of Borrower or with Boarrawer's knowledge or eonsent gave materially false, misleading, or inacc�cuurate information ar statements W Lender (or faile� to pmvide I.ender with mat�rial infarmation) ia connec:tion with the Loan. Material represen�tati.ons include, but are not lirnited to, represaatatio�,s oono�rning Borrower'a oa�pancy of the Praperty as Borrower's parin�iipal residence. N RASKA - Single Family - Fennir Ma�/Frsddis Ma� UNIFORM INSTRUMENT -8(NE) 109� tl Popa � or �e irdneie: � Fonn 90�8 1/01