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2oioos�o� work has been completed to Lender's satisfaction, provided that such inspection shall be undex promptly. Lender may disburse proceeds for the repairs and restoration in a sin�le payment or in a series of pragress payments as the work is completed. Unless an agreement is made in writing or Applicable Law rec�uires interest to be paid on such insurance proceeds, Lender shall npt 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 Horrower. If the restoration or repair is not economically feasible or Lender' a security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instxument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided far in 5ection 2. If Borrower abandons the Property, Lender rnay file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice frozn Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will be�in when the notice is given. In either event, or if Lender acquires the Property under Section 22 ar othenvise, 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 Instrum�nt, and (b) any other of Borrower' s rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance palicies covering the Property, 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 5ecurity lnstrun:aent, whether or not then due. 6. Occupaney. 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 Prpperty as Borrower' s pnincipal residence for at least ane year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protecdon of the Property; Inspections. Borrower shall not destray, darnage or impair the Property, allow the Properry to deteriorate or commit waste on the Property. Whether or not Borrower is residing in the 1'roperty, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Sorrower sha11 promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Praperty only if Lender has released praceeds 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 Sorrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upan and inspections of the Propez'ty. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Sorrower's Loan ApplicaHon. Barrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the directian of Borrower ar with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material infvrmation) in connection with the Loan. Material representations include, but are not limited tn, representations concerning Borrower's occupancy of the Property as Borrower' s principal residence. � (/�y 230961 NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(N�) �oe�� PaAe7 of 15 inisiais: Form 3028 1lD1 �