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20100924b work has been completed ta I.ender's salisfactian, pravided triat such inspection shall be undertaken prompdy. I,ender raay disburse proeeeds for the repairs and restoration in a single payment or fn a series of progress payments as the work is rompleted_ [lnZrss an agreement is rnade in �writing ar Applicable �.aw requires interest to be paid on such insurance pmceeds, Lender shall not be rec�uired ta pay Borrower any interest ar earnings on such proceeds. Fees for publiC adjusters, ar other third parties, retained by Borrower shall wl he paid oui of the insurance proceeds and shall bc the sole obllgadon af Barrower, If ibe restoratian or repair is not ecvnomically feasible or Lender's security would be lessened, ihe insurance proceeds shall be applied to the sums secured by this Securlty lnstrument, whether or not then due, with the excess, if any, paid to Borrower. Such it�surance pxqeeeds shell be applied in the order provided far in Section 2. [f Borrower abandons the Property, Lender may flle, negotlale and settle any available insnrance claim and related matters. If Borrower does not respand within $Q days la a notice from Lender that the insur�nCe carr�er has of�'ered ta settle a claim, then Lender may negotiate and setde the claim. The 3U-day period will hegin when the natiee is give�►. !n either e�+ent, or if Lender acquires the Property under Sectian 22 or atherwise, Borrawer her�by assigns to Lender (a) Bonrawer's rfghts to any lnsurance proceeds in an amount not to excQed the amounts unpaid under t,he Note vr this Securlry Instrurnent, and @J aey other of Borrower's righls (other than the ri�ht to any refund of unearned premiums paid hy Sorrawery under all insurance pallcies covering the Propefty, insofar as such rig,b�ts are appl�cab�e ro the coverage of the Praperty. Lender may use the insurance pruceeds elther to repair ur restare the Property ar to pay amounts unpaid under the IVake ar this Security Instrumeat, whether or not then due. 6. Occupancy. Borrawer shall occupy, estahlish, and use lhe Fraperty as Sarrawer's principal residence within 60 days aftrx the execu�fnn ot thts Security Instrument and shall continue to occupy the Property as Sorrower's principal residence for at least pne year after the date of occupancy, unless Lender otherwise agrees in wriling, which consent shall nnt be unreasoeably withheld, or unless extenuating circumstaaces exist which are beyand Barrower's conlrol. 7. Preservatiaa�, Maintcnanoa and �Protectioa of the Property; Inapectiona. Borrawer shall not destroy, damage or f mpair the Property, allow the Property to deterlorate ' ar commit waste on the Property. Whether or not $prrower is residing iu the Praperty, Borrower shall mainlain thc Praperty in order tn prevent the Property from deteriorating or decreasing in vaiue due to its rnnditian. Unless it is determined pnrsuant to Sectivn 5 thal repair or resroration is not ecnnomically feasi6le, Barrower shall prumptly repair the Propet'ty if damaged to avold Furlher delerioration or damagc. If insurance ar condemnadon proceeds are paid in connection with damage to, or the laking of, the Property, Borrower shall he respansible far repairing ar restoring the Property only if Lender has released proceeds fnr such purposes. Le�der may disburse proceeds for Ehe repairs and restorahon In a single payment or in a series of progress payments as the wvrk is completed, if Ihe insurance ar condemnation pruceeds are not suflicient to repair ar resiare lhe Property, Borrower is not relieved of Barrower's abligatlon Fnr the completian of sueh repafr nr restoration. Lender ar its agent may make reasanable entries upnn and inspectlons of the Property. If it has reasanable cause, Lender rnay inspecl the interior nf the imprvvernents an lhe Property. Lender shall glve Borrower natice at the time oF or prior to su�h an interiar inspectinn specifying such reasonabls cause. 8. Sorrowea's Losn Application. Sorrower shall be in default if, dutfrig the Lnan applicaNvn process, Sorrower or any persans ar entlties acting at t4e directioa of Borrower nr with Borrower's knowledge or consent gav� materially false, misleadin�, or inaccurale information or statements to Lender {or failed to pravide �.ender with material f nfarmation) in connection with the Loan. Material representatians include, but are not limited to, �representations concerning Borrower's nccupancy of the Property as Borrower's princlpal resldence. ODIIZZZ89332 Cit�Matgage 3.�.42.07 V5 N�RASKA - 5ingle Famity - Fpnnie MaalFreddi� Mac UNIFORM INSTFi{.IM9�1�W M@Z6 ��A(Nq coero� Pags T of l b mro�s: '� Form 3028 1/41