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zoiuo933o work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds far the repairs and restoration in a single payrnent or in a series of progress payments as the work is completed. Unless an agreernent is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's secwrity would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, I.ender may file, negotiate and settle any a�ailable insurance claim and related matters. If Borrower does not respond within 30 days to a ntotice from Lender that the insurance carrier has offered to settle a claim, then L.ender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property undcr Section 22 or otherwise, Barrawer hereby assigns to Lender (a) Bornower's rights to any insura��e proceeds in an arnount not to �xceed the amounts unpaid under the Note ar this Security InstrurneYtt, and (b) any ather of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrawer) under all insurance policies covering the Praperty, insofar as such rights are applicable to the coverage of the Property. L.ender may use the insurance proceeds either to repair or restore the Property or to pay amaunts unpaid under the Note or this Security Instruxnent, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 6Q days after the execution of this Security Instrument and shall continue to occupy the Prope�ty as Barrower's principal residence for at least one year aft�r the date of occupancy, uz�less I.ender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circurnstances exist which are beyand Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, darnage or impair the �roperty, allow the Property to deteriorate or comrnit waste on the Property. Whether or not Borrower is residing in the Praperty, Bo►'x'ower sha11 maintain the Property in order ta prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is deternuned pursuant to Section 5 khat repair or restaratian is not economically feasible, Barrower shall promptly repair the Property if damaged to avoid further deterioration or darnage. If insura�nce or condeirunation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if L,�nder has released proceeds for such purposes. Lender may disburse proceeds far the repairs and restoration in a single payment or in a series of progress payments as the work is campleted. Tf the insurance ar conderiu�ation procesds are not su�cient to repair or restore the Property, Borrower is not relieved af Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspectians af the Property. If it has reasonable cause, Lender may inspect the interior of the irnprovements on the Property. Lender shall give Borrower notice at the Cime of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's lrnowledge or consent gave materia.11y false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material inforniation) in coanection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) 1os>>1 Page 7 of 15 Initials: Form 3U2$ 9/p9 � S�� AS�z�,��ti�. ��