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2 oioo9ii2 work has been completed to Lendcar's satisfaGtion, provided that such inspection shall be underiaken promptly. T.ender may disburse pro�eeds for the repairs and restoration in a single paymcnt or in a scries of progress payments as the work is completed. Unless an agreement is made in writing or Applicahlc: I�w requires interest to be paid on such insurance proceeds, Lender shall not be required to �ay Borr��wer any interest or earnings an such praceeds. Fees for public adjusters, or other third parti�s, rulained by Borrower shall not b� paid out of the insurance proceeds and shall be the sole obligation of Boarrawer. If the restoration or repair is not ecanomically feasible or Lender's security would be l�ss�n�d, the insuranc� proceeds shall be applied to the sums secured by this Security Tnstrument, whether ar nr�t th�n du�, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order pravided f�r in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If B�rrow�r do�s nat respand within 3Q days ta a notice from L,ender that the insurance carrier has offered to scltle a clairn, iJY�n I,�ndc:r may n�gUtiate and settle the claim. The 30-day period will begin when the notice is given. In either event, ar if I.,ender acquires the Property under 5ection 22 or otherwis�, BUCI"pWBC hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount nok to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Barrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of lhe Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amaunts unpaid under the Note or this Security Instrument, whether or not then due. 6. OccapanGy. Borrower shall occupy, establish, and use the Properiy as Borrower's principal residcnc� within 60 days after the execution of this Security Instrunlent and shall continue to occupy the Praperty as Borrawer's principal residence for at least one year after the date of occupancy, unless Lender Uth�rwise agrees in writing, which consent St,arr not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage aar irnpair the Property arrow the Praperty to deteriorate or commit waste on the Property. Whether ar not Borrower is residing in the Property, Borrower shall maintain the Property in order ta pr�vCnt th� Property from deteriorating or decreasing in value due to its condition. Unless it is det�rmined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall prqmptly repair the Property if damaged to avoid further deterioration or damage. Tf insurance or condemnation proceeds are paid in connection with damage to, or the taking of, lhe Prc�perty, Borrower shall be responsible for repairing or restoring the Property ozily if I,cnder has releas�d prac��ds 1'ar such purposes. L.ender may disburse proceeds for the repairs and restoration in a sin�le paymtnt ar in a sc:ries of progress payments as the work is complcled. If th� insurance or cc�ndemnatian proaeeds ar� not �ufficiCnt to repair or restore the Pro�erty, Bc�rrawer is nat relieved of Bc�rrc�wer's obligatian fUr the cc�mpl�tian c�P such repair or restoration. Lender or its ag�nt may make reasonable entri�s upan and insp�ctians af the Property. If it has reasonable cause, Lender �nay inspect the interiar af thr: improvr:ments on the Praperty. I.,end�r shall give Borrower nolicc at the tirne of or prior to sueh an interior inspeGtic�n sp�cifying such reasonabl� caus�:. $. Bc�rrower's Loan Application. Barz'awer shall be in default if, during the I.aan application pracess, Borrawer ar any persons or entities acting at the direction af Borrower ar with Baarrower's knawl�dge ar cpns�nt gave rnaterially false, rnisleading, or inaccurat� infarmatian ar statem�nts lo I,cnder (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's princi�al residence. NEB�tA5KA - 5ingle Family - Fannie Mael�reddie Mac UNIFORM INSTRUMENT �-6�NE) �oai i i Paqe 7 of 16 i��t�eis� Form 3028 9I09