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2oii�o��o work has been completed to Lender' s satisfaction, provided that such inspeclion shall be undertaken pronaptly. Lend�r may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as che work is coznpleted. Unless an agreement is made in writin� or Applicablc Law requireti interest to be paid on such insurance proceeds, Lender shall not be r�quired t.o pay Borrower any interest or earnings on such proceeds, Fees for public adjusters, or other third parties, retained by Borrower shal] not be paid out of the insurance proceeds and shall be the sal� abligation of Borrower, If the restpration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not tk�en due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applicd in the order provided fnr in Sectipn 2. If Borrower abandons the Froperty, Lender may� file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will be�in when thc notice is given. In either event, or if Lender acquirea the Property under Section 22 or otherwise, Borrower hereby assi�ns to Lender (a) Borrower's rights to an}� insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrurnent, and (b) any other of Borrower' s rights (oCher than the right. to any refund of unearned prerniums paid by Borrower) under all insurance policies covering the Froperty, 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 amounts unpaid under the Note ar this Securitv Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower' s principal residcnce within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Barrower' s principal residence far at least one year after the date of nccupancy, unlesc Lender otl�erwise agrees in writing, which consent sha11 not be unreasonably withheld, or unless extenuating circumstancea exitit which are beyond Borrower' s control. 7. Pres�rvation, Maintenance and Protectian of the Property; lnspections. Borrower shall not destroy, dainage ar impair the Property, allow the Yroperty to deteriorate or conunit waste on the Property. Whether or not Borrower is residing in th� Property, Barrower shal] maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its conditipn. Unless it is determined pursuant to Section S that repair or restoration is not ecpnomically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioratian or damage. If insurance or condemnation proceeds are paid in connection with damage to, or ti�e taking of, the Property, Borrower shall be respansible for repairing or restoring the Pr��perty only if Lender has released proceeds for such purpases. Lender may disburse proceeds for the repairs and restoration in a single payment or in a ser3es of progress payments as the work is completed. If the insurance or condemnation proc�eds are not sufficient t�� repair or restore the Property, Borrower is not rclieved of Sorrower's obligation for the completion of such repair or retitoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the tirne of or prior to such an interior inspection specifying such reasanable cause. 8. Borrpwer's Loan Application. F3orrower shall be in default if durin� the Loan application process, Borrower or any persons or entities acting at the direction of Sorrower or with Sorrower' s lcx�owledge or consent nave materially false, misleading, ar inaccurate information or statements to Lender (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 accupancy of the Property as Borrower' s principal residence. `�c��ii��il NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 /� ,� �-6�NE) �ae�� Page7 ot 15 in��aig: �� Form 3028 1101 �