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zoious33o work has been aompleted to Lender's satisfaction, provided that such inspection shall be underiakcn prc�mptly. Lender may disburse proceeds for khe repairs and r�stUration in a single payment or in a series uf progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insuranc� praceeds, I,�nder shall not be required to pay Bartawer any interest or earnings on such proce�ds. Fess far public adjusters, or other third parties, retaincd by Borrower shall not bs paid out of the insurance proceeds and shall be the sole abligation of Borrower. If the restoration or repair is not economically feasible or L.ender's security would b� lessened, the insurance proceeds shall be applied to the sums secured by this Security Ins[rum�nt, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applisd in the order provided for in Section 2. If Borrower abandons the Property, U:nd�r may fils, negatiate and settle any available insurance claixn and related matters. Tf Borrower does not respond within 30 days ta a notice from L.ender that the insurance carrier has offered to settle a claim, th�n I.xander may negotiate and settle the claim. 11ie 30-day periad will begin when the notice is given. In either event, or if Lender acquires the Property under 5ection 22 or otherwise, Borrower hercby assigns la I,�nder (a) Barrawer's rights to any insurance proceeds in an amount not ta exceed the amaunts unpaid und�r th� Nate ar this Security Instrument, and (b) any other of Borrower's rights (other than the right tc� any refund af unearned premiums paid by Borrower) under all insurana� pUlici�s cpv�ring the Prc�perty, insofar as such rights are applicable to the coverage of the Property. Lender may use tlxe insurance praceeds either ta 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 accupy, �stablish, and use the Property as ]3orrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the I'roperty as Borrower's principal aresidence for at least one year after the date of occupancy, unless I,ender otherwise agrces in writing, which consent Sr�rr not be unreasonably withheld, or unless extenuating circumstan�.�s exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall nol destroy, damage or impair the Property, allow the Property to deteriorate or commit wast� an lh� Praperty. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value du� ta its candition. Unl�ss it is deterrnined pursuant to Section 5 that repair or restoration is not economically feasible, I3orrower shall promptly repair the Property if damaged to avoid further deterioralion or ciamage. If insurance �r condemnation proceeds are paid in connection with damage to, or the taking of, the Praperty, Borrower shall bs responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for th� camplction of such repair or restoration. T.ender or its agent may make reasonable r:ntries upon and inspections of th� Property. IF it has reasonable cause, T,ender may inspect the interior af the improvements on thc Praperty. I..�nder shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonabl� cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Lc�an application process, Borrower or any persons or entities acting at the direction of $orrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statemcnts to Lender (Ur failed ta pravide Lender with rnaterial infarmation) in aannection with the L.oan. Mat�rial representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUM�NT �-61NE) �oai i� Paoe � or i5 iniciais: Form 3028 1/P9