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20i100007 work has been complctcd tn J,ender's satisfaction, provided that such inspcclion shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single paymenl or in a scries of progress payments as khc work is completed. Unless an agreement is made in wriling ar Applicabl4 I,aw requires inCerest to be paid on such insurance proceeds, Lender shall not bc required to pay Borrower any interesk or earnings on such proceeds. Fees for public adjustcrs, c�r c�lher third parties, retained by Borrawer shall not be paid out of the insurance praceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible c�r I.cnder's security would be lessened, the insurance proceeds shall be applied to the sums sccured by this Security Instnrment, whether or not then due, with the excess, if any, paid to 13orrower. Such insuranc�: prc�c:ceds shall be applied in the order provided for in S�GIIQA Z. If Borrower abandnns lhc Prvperty, Lender may file, negotiate and settle any available insurance claiin and related matlears. If Bc�rraw�r do�s not respond within 30 days to a notice from Lender that the insurancc carrier has offered to settle a claim, then Lender may negotiate and settic thc claim. Thc 30-ciay period will begin when the notice is given. In either event, or if I�ender acquires ch� Prop�rty undcr Section 22 or otherwise, Borrower hereby assigns to Lcnd�.r (a) 13r�rrower's rights to any insurance proceeds in an amount not to exceed lha amounts unpaid under the NoCe or this Security Instrurnent, and (b) any other of Borrower's rights (olher than ihc righl to any rcfund of unearned premiums paid by Borrower) under all insurance palicies cc�v�ring the Property, insofar as such rights are applicable to the cav�rage of the Property. L,ender may use the insurance procecds either lo r�pair qr arestare the Property ar to pay amounts unpaid under the Note or this Sccurily Inslruznent, wh�kher ar not then due. 6. Occupancy. Borrower shall occupy, establish, and use khc Prc�perCy as Borrower's principal residence within 60 days after the execution �f this Security Inskrument and shall continue to occupy the Property as Borrower's principal rasidcnca Por at l�ast one ycar aft�r Ihe date of occupancy, unless Lender otherwise agrees in writing, which cans�nk shall nat bs unreasonably withheld, or unless extenuating circumslanccs cxist which are beyond Borrower's control. 7. Preservation, Maintenanc� and Prc�tectiUn of th� Prc�psrty; Inspections. Borrawer shall nc�l destroy, damagc or irapair the Property, allaw tlxe Property ta deteriorate or commit waste on the Yroperty. Whether or nok I3c�rr�wer is aresiding in ihc Prnperty B��rz'awcr shall malntain the Properly in order to prevent the Property from deteri��ra[ing c�r decrcasing in value due ta its condition. Unless it is determined pursuant tn Section S Ihal repair ar restoration is nol cconomically feasible, Borrower shall promptly repair the Property if damage:d tc� avoid furiher dcteriorakion or damage. If insuranca nr cc�ndcmnacion procceds are paid in connection with damage to, or the taking of, the Property, Borrower shall be respc�nsiblc: for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender tnay disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Tf the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for lhe completion of such repair or restoration. I.ender or its agent may inake reasonable entries upon and inspections of the Property. Tf it has reasonable cause, L.ender may inspect the interior of the improvements on the Yroperty. T.ender shall give Borrower notice at the time 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 I.,nan application process, Borrower or any persons or entities acting at the direction of Borrower or with T3orrower's knowledge or consent gave makerialiy fa15e, misleading, or inaecurate intc�rmatian or statements to I,endcr (or failed to provide Lender with material inforrnation) in connection with the Loan. Material representatinns include, but are not limited to, representati�ns cancerning Borrower's accupancy of thc Property as Borrower's principal residence. NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE) fos��l Page7of 15 in�t�aie:�� Farm 3Q28 1I01