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�oi�o�5s� wark has been completed to Lender's satisfaction, provide� that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid an such insurance proceeds, T_.ender sha11 not be required to pay Barrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid aut of th� insurance praceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the surns 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 �le, negotiate and settle any available inswraiace claim and related matters. If Borrower does not respond within 30 days to a notic� from L.ender that the insurance carrier has offered to settle a claim, then Lender may negoCiate and settle the claim. The 3p-day period will begin when the notice is given. Tn either event, or if Lender acquires the Property ua�' Section 22 or otherwise, Borrower hereby assigns to T...ender (a) Borrower's rights to any inswra��oe proceeds in an amount not to exceed the amounts unpaid under the Note or this Se�urity I�t, and (b) any other of Borrower's rights (other than the right to any refund of ur�earned prerniurns paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicabl� to the coverage of the Property. Lender znay use the insurance proceeds either to repair or restore th� Property or to pay amounts unpaid under the Nate ar this Security Tnstriux►ent, whether or not then due. G. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which aze beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Xnspections. Borrower shall not destroy, damage or impair the Prop�rty, allow the Property to deteriorate or coxnrnit waste on the Property. Whether or not Borrower is residing in the Property, Borrnwer shall rnaintain the Property in order io prevent the �rope�ty from deteriorating or decreasing in value due to its condition. Unless it is deternuned pursuant to Section S that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condernnation proceeds are paid in connection with damage to, or the taking af, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeris for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insuranc� or condennnation procee�s are not sufficient to repair or restore the Property, Bonower is not relieved of Borrower's obligation for ihe c�ampletion of such repaar or restoration. I..ender or its agent may rnake reasonable entries upon and inspections of the Pro}3erty. If it l�as reasonable cause, Lender may znspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an intexior inspection specifying such reasonable cause. $. Borrower's Loan Application. Borrower shall be in default if, during the Loan applicaCian process, $orrower ar any persons or entities acting at the dir�ction of Borrower ar with $orrawer's lrnowledge or consent gave materially false, misleading, or inaccurate infoxrnation or statements to Lender (or failed to pravide I.ender with material information) in connecCion with the Loan. Material representatians include, but aze not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal resid�nce. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � �-B�NE) �osii� Pase�oti5 miciais: �, Form 3028 7/Q9 � ., h � � � � 4 � � � � �� L . �