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<br />avork has becan completed to L.endex's satisfactirnn, pror+ide�d that such inspection shall be undertaken
<br />prompdy. �der may disbwrse proceeds for the �repairs and restoraziom in a single paynacnt or in a senies
<br />of progress paym�ents as the wor1G is oompleted. Unles� an ag�re�ment is made in writin,g or Applicable Law
<br />TeQui1�S iIltc:rest CO bC paid Ori SUGh ina�ra _r� p�g� I.e[1dCr s�hell 1�ot be requlired io pay $omow� any
<br />interest or eamings on such proceeds. Paes for public adjusters, or other third parties, retained by
<br />Bornn'wer shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower, If
<br />the r�storat�on or repair is not economically feasible or L�nder's security would be le.ssened, thc in�n�„�p
<br />proceeds shall be applied to the sums se�cured by this Security Instnttnent, whether or not then duc, wi�th
<br />the exce.ss, if any, Paid to Borrower. S�rh insurance pmoeeds shall be applied in the order provided for in
<br />Section 2.
<br />If Bornower abandons the Property, L�ender may file, negotiate and s�tle any avriilable insurance
<br />clai.m az�d related matters. If Horrower daes not respond within 30 days to a n�tice from L.�qder t,�at the
<br />insuran�ce caxrier I�as affcr�d to settie a cl$iin, then Lender rnay n�gotiate and settle thc claiim. Tl�e 30-day
<br />periai will begin whcn the �xotice is giveu. In either event, or if Lendear �cquires the Propertq under
<br />Section 22 or otherwise, Bo�ntower �ereby assigns to T�ender (a) Bartower's rights W any insurance
<br />proce�ds in an azn�otu�t not td exceed the amownts unpaid under the Note or this Security �nshvment, and
<br />(b) any other of Bornower's rights (ot�er t�han the right ta any refund of unearned premiums paid by
<br />Borrower) u�nder al.l insurance policies covering thc Property, insofaz as such rights are applicable to the
<br />covera�e of t1�e Property. L,ender xnay use the insurance pmceeds either W repair or restorc the P�operty or
<br />to pay auwunts wqpaid u�der the Note or this Security Instrument, whethex oz not then due.
<br />6. Occtrpancy. Borrower shall occupy, establish, and use the Property as Bonrower's principal
<br />residcnce within 60 days aftcr the e�ecution of this Security �Insa�v�ent and shall continue ta o�upy the
<br />Properiy as Botrower's prineipal residence for at least one year afte�r the date of occupancy, unlcss I.ender
<br />othera+ise agrees in writing, which cansent shall not be uurca�nnnably withheld, or wiless extenuating
<br />� eacist whic�a are beyond Borrower's contral.
<br />7. Pre�ervatlon, M$i�ntenance and Prot�ctlam of t� Properiy, InaPect�ions. Borrowcr st�all not
<br />de�troy, damage ar impair the Frope�rty, allaw the Pmperty to de�rioarate vr camtpit waste on the
<br />Property. Whether or not Borrower is r�siding in the Property, Borrawer shall maintai.n the Property in
<br />order to preve�rt the Piroperty from deteriaratiag or de�reasing in value due to its oondition. Unless it is
<br />determmined pursuant tv Se�tion S that repair or resto;ration is not econaaunir.ally feasiblc, Borrower s�all
<br />PrO�P�Y i''�Pair thc Property if darnag�d to avaid further deterioration or damagc. If insurance or
<br />candemaation procceds arc paid in connection vvith damage w, or the Caking af, the Piroperty, Borcower
<br />s1xa11 be responsible for repairing or �storing the F'roperty anly if Lendcr has rcXcaaeti prooeeds for such
<br />Purposes- Lender may disburse praceeds for the rE.pairs and r�toration in a single payment oc in a sezies of
<br />P�B� PaY�s as the work is completed. If the insurance or c�ond�on p�oc� ��t suf�cient
<br />ta repair or r�tore the Prnperty, �orrower is not relieved af Borrower's obligatian for the comgletian of
<br />such repair or x�storation. ,
<br />L�der or its agent may malce rea�onable entries upc►n and inspections of the Property. If it has
<br />reasonable cause, L.ender may inspect th� i�nt�nior of tha i�rov�ents on the P�roperty. l.ender shall give
<br />Borrower ndtice at the time of or �rior to such an in�teriar iaspection specifYing such reasonable cause.
<br />S. Borirow�'s Lo�an Applicatlan. 8ornower slaall be iva default if, during the Loan application
<br />proce.ss, Borrower or any persons ar entiCies accing at the dire�tion of Bormwer or with Borrower's
<br />l�owledgc or a�nsent gave materially false, misleading, or irna�urate informatioa ar statements to L,ender
<br />(or failed to pmvide I.e�nder with mate�ial informadon) in connection with the Loan. Mazcrial
<br />repres�tationa include, but are not limited to, representations conceming Borrawer's occupancy of the
<br />Pz�operiy as Borrower's principal resid�ae.
<br />,.. . ,, ,
<br />NEBRASKp - Sinala Family - Fannis Mar/Freddia �Wac UNI�ORM INSTRUMEN'i'
<br />�-61NE)1oe��� � v�eym�s �nie�.: Form3028 1/01
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