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201008481 work has been completed to Lsnder's satisfaction, provi�ded that such inspection shall be undertaken promptly. Lender may disbursc pra:eeds for the repairs and restoration� in a single payment or in a series of progress payments as thc work is compl�tecl. Unless an agr�nt is made in writing or Applicable Law reqtrires interest W be paid on such insurance proreeds, L.ender shatl not be required to pay Horrower any int�est or carnings on such procEeds. Fees for public adjusters, or other third parties, retained by Bnrmwer shall t�t be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the i�estoration or repair is not economically feasible or L�ender's security would be lessened, the insurance proceads stiall be applied to the swms secured by this Seeurity Instivment, whether or not then due, with the excess, if any, paid to Bormwer. S�ch insurance proceeds shall be applied im thc order provided for in Sectian 2. If Borrower abandons the Property, L�nder may frle, negotiate and settle any available insurance claim and related matters. If Bortower dces not respond within 30 d.ays to a notice fmm L�ender that the insurance carrier has offere� to settle a claim, then Lender may negotiate and settle the claim. The 30-day periad will begin when the natice is given. In �ither event, or if Lender acquires the Properry under Se.cttion 22 or atherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the art�unts unpaid undcr the Note or this Secu�rity Instru�ment, aad N) any other of Borrower's rigla�ts (other than the right to any refund of unearned premiums paid by Borrower) under all ±ncuranrr� pp]1C1CS COVCIIIIg � PIO�CTty insofar as such rights are applicable to the coverage of the Frnperty. Lender may usB the insurance proce�s either to repair or restore the Properiy or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Oocupancy. Borrower shall occuPY, establish, and use the �mperty as Borrower's principal residence within 60 days after the execution of Chis Securiry Insrivment and shall continue to occupy tt�e Property as Horrower's principal residence for at least ane year after the date of occupancy, unless Lend�r atherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuatin� ciarcwnnstances exist wtuch are bcyond Borrower's conirol. 7. Preseiwatlon, Maintenance and Pcate�tion of the Property; Ins�tiuns. Borrower shall not destmy, daznagc or iur�pair the Properiy, allow the Px+aperiy to deteriaratc or commit waste an the Property. Whether or not Borrower ia residing in the Property. Borrower shall n�aintain the Property in order to prevent the Property from deteriorating or dec;reasing in value due ta its condition. Unless it is determined pursuant to Section 5 that rcpair or restoration is not economically feasible, Borrower shall pznmptly repair the Froperty if damaged to avoid further dcterioration or da�nage. Xf insurance or condexnnation proceeds are paid in conne�tion with darnage to, or tb�e talong of, the Property, Borrower shatl be responsible for repairing or restoring the Property only if Lender has released procceds for such purpases. I..�nder may disburse proceeds for the rcpairs and restoration in a single payment or in a series of progress pay�ts as the work is completsd. If tl� insurance or cundenuiation procceds are not suffcient to repair or restore the Property, Borrower is not relieved af Borrower's obligation far the completion of such repair or restoration. Lend�r or its agent may make reasonable entries upon and inspe�tinns of the Property. lf it has reasonable cause, Lender may inspecx the intenior of t�he impmvements on the Property. Lender shall givc Borrower notice at the tune of or prior to such an interior inspe�tion specifying such reasonable causc. $. Barrow�'s Loan Applicatioa. Borrower shall be in default if. during the Loan application process, Borrower or any persons or enddes acting at the direction of Borrower aar with Boxrower's lmowledge or consent gave materially false, misleading, or inacCUrate informatian or stat�nts to Lender (or failed to pmvide L,ender with matesrial infom�ation) in connectian with the Loan. Material representations include, but are �t limited W, represenT,ations concerning Borrower's occupancy of the Property as Bc�rrower'& priz�cipal residenc�e. NEBRASKA - Single Family - Fennia M�elFroddie Mec UNIFORM INSTRUM�NT �-e(N�) �oei �� Papa 7 ot 15 innwu�:� Form 3028 1/01