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2oioos5s7 work has been completed to I.ender's satisfacticyn, pravided that such insp�ctian shall be undertaken promptly. I.ender may disburse proceeds for the r�pairs and restoration in a singl� payment or in a series of progress payments as the work is completed. U�riless an agreement is made in writ'rng or Applicable T.aw requires interest to be paid on such insurance praceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fe�s for public adjusters, or oth�r third parties, retained by Borrower shall not be paid out of th� insurance proceeds and shall be th� sole obligation of Borrower. If the restoratian ar repair is not econamic:ally feasible or L,ender's security would be lessened, the insurancc proceeds shall 1� applied to the sums s�cured by this Security Tnstrument, whether or not then due, with the excess, if any, paid to Borrawer. Such insurance proceeds shall bC applied in the order provided fc�r in S�ctian 2. If Borrower abandons the Property, Lendc:r may file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a nUtic� fram L.ender that the insurance carrier has offered to settle a claim, then Lender may negotiate and s�ttle the claim. The 30-day period will begin when the notice is given. In either event, or if T.ender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights ta any insurance proceeds in an amount not to exceed the amounts un�aid under the Note or this Security Insttutnent, and (b) any other of Borrower's rights (other than thc right ta any refund of uneamed prcmiums paid by Borrower) under all insurance policies covering th� Praperty, insofar as such rights are applicable Ca the coverage of the Property. Lender may use the insurancc proc�eds either to repair or restore fhe Praperty or to pay am�unts unpaid under the Not� �r this Security Instrument, whether or nnt ih�n due. 6. Occupancy. 13orrower shall accupy, establish, and use the Property as Borrower's principal r�sid�nce within 60 days after the executian of this Security Tnstrument and shall continue to occupy the Property as Borrower's prinaipal residence for at least one year after th� date of occupancy, unless Lender otherwise agrees in writing, which cansent 5narr not be unreasonably withhsid, ar unless extenuating circumstances exist which are beyond Baz't'ower's contral. 7. Pteservation, Maintenance and Pratection of the Property; Inspections. Barrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or comrnit waste on the Praperiy. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in arder to prevent the Prop�rty from deteriorating or decreasing in valuc du� to its condition. Uriless it is determined pursuant to Section 5 ttiat repair or restoration is nat ecanomically feasible, Borrower shall promptly repair the P�'aperty if damaged to avoid further deterioratian or damage. Tf insurance or condemnation proceeds are paid in connection with damage lc�, ar ih� taking of, the Yroperty, T3orrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. T.ender 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 condemnakiUn proceeds are not sufficient to repair or restore the Prop�rty, Borrawer is not relieved of Borrower's obligatian for the completion of such repair or restoration. I,ender or its agent may makc reasanable entries upon and inspections of the Property. If it has reasonable cause, T.ender may inspect the interior of the improvements on the Praperty. I.,ender shall give Borrower notice at the limc of or prior to such an interior inspection specifying such reasanabls caus�. 8. Borrower's Loan Application. �3orrower shall be in default if, during the Loan application process, Bc�nrawer ar any persons or entities acting at the direction of Barrower or with Borrower's knowledge nr cansent gave materially false, misleading, or inaccurat� infarmation or statements to Lender (or failed to provide T.ender with matcrial infnrmation) in connection with the T.oan. Material representations include, but are not lirnit�d to, representations concerning Borrower's occupancy of the Property as 13orrower's principal resid�nce. NEBRASKA - 5ingle Family - Fannie MaslFraddie Mac UNIFORM INSTRUMENT �-B�NE) �oai i1 Pape 7 of 16 �nrtia�s:G•+ •� Form 3028 1/p9