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%.�Ij[IZIIZI�:�] work has beEn com�pleted to Lender's satisfaction, provided that such inspection shall b� undertaken pmmptly. Lender may disburse proc.eeds for the repairs and restoration in a single payment or in a series af pmgress payments as the work is completed. Unless an agr�etnent is made in writing or Applicable Law requires interest to be paid on such insurance procee�s, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for pnblic adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance procceds and shall be thc sale obligation of Borrower. lf tlae restoration or rep�ir is not e�onomically feasible or Lender's securiry would be tessened, the insurance pt�nceeds shall be applied to the sums secured by this Security Instrume�nt, whether or not then due, with the excess, if any, paid to Borrower. �uch insurance proceeds shall be applied in the order provide� for in Section 2. If Borrower abandons the Property, Lender may file, megatiate and settle any available insurance claim and related matters. If Harrower does not respond within 30 days to a notice from Lender that the insurancc carrier has nffered to settle a claim, then Lex►der rnay negotiata and settle the claim. The 30�.ay period will begin w�en thc notice is given. In either ev�nt, or if Lender Hcquires the Property under 5ection 22 or athsrwise, Bormwer he�reby assigns to L,ender (a) Borrower's rights to any iz�surance proceeds in an amount not to exceed the arnounts unpaid under the Note or this Security Instnunent, and (b) any other of Borrower's rights (odasr than the right ta any refiuxd of unear�d premiums paid by Borrower) under all insurance policies covering the Property� insofar as such rights are applicable ta the coverage of the Property. L.ender may use the insurance proc�ds eithor to ropair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupaney. ,Borrower shall occupy, establish, and use thc PropeRy as Horrower's principal residence within 60 days a�ter the ezecution of this Security Instnunent and shall continue to accupy the Property as Borrower's principal residence for at least one year after the datc of occupancy, unless L,ender otherwise agrees in writing, which consent shall not be urmeasonably withheld, or w�l.ess extenuating circumstances exist which are beyond Borrower's control. 7. Preservatiou, Maiatenancc and Protection of the Pruperty; Inspecdons. Horrower shall noc drstroy, damage or impair the Property, allvw the Property to dcteriorate or commit waste on the Property. Whether or not Horrower is rssiding in the Property, Bornower shall taaaintain the Property in order to preveiat the Property from deteriorating or decreasing in value due ta its condition. Unle.s� it is determined pursuant ta Sectian S that repair or restoration is not economically feasible� Horrowcr shall prornptly repair the Property if damaged to avoid furthcr deterioration ar darnage. If insurance or conde�uyation proceeds are paid in conne�tion with damage to, or the taking of, the Property, Borrower shall be responsible for repa�ci�►g or restoring the Property only if L,endcr has releascd procce�s for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment ar in a series of progress paym�ts as the wark is completesi. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is npt relieved of Borrower's abligation for the completion of such repair or restoration. Lender or its agent may maloe reasonable entries upon and inspections of the Property. If it has reasonable causc, Irender may inspe�t thc interior of the i�rovements on the Pmperty. Lender shall give Horrower notice at the time of pr priox to such an interior inspection speeifj+ing such reasonable cause. 8. Borrawer's Loan Applicadon. Bartvwer ahall be in default if, during the Loan application process, �orrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge nr consent gave materially fatse, misleadiu�g, or inac�urate inforn�ation or staten�nts to Lender (or faile� to p;rovide Lender wit� material informatian) in cc�nnection with the Loan. Material representations include, but are not limited to, representations concerning Bormwer's occupancy af the �'pP��Y as Borrower's priacipal reside�nce. NEBRASKA - Single Family - FanNe Mae/Frrddie Mac UNIFORM INSTRUMENT ��INE) 106111 P�a � ot i� inn �� Form SOZB 1/01 ,. �, � �,,