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�o��oQ�� wark has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender rnay disburse proceeds for the repairs and restoration in a single payment or in a series of pro�'ess payments a,s the work is completed. LTnless an agreement is made in writing or Applicable Law requires rnterest to be paid on such insurance proceeds, Lender shal► not be requirad to pay Borrower any interest or earnings on sucla 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 security 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, Lender may �le, negotiate and settle any available insurance clarrn and related rnatters. If Borrower does not respond within 30 tlays to a natice from Lender that the instu'ance carrier has offered to sertle a claim, then Lender may negotrate and settla the claim. The 30-day perrod wrll begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or atherwise, Borrower hereby assigns to I�en�der (a) Barrower's rights to any insurance proceeds in an amount nat to exceed the arnounts unpaid under the Note or th'rs Se�urity Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unear�aed premrums pard by Borrower) under all rnsurance policies covering the Property, insofar as such rights are applicable to the caverage of the Propzrty. Lender rnay use the rnsurance proceeds either to repair or restore the Properiy or to pay amounts unpard under tha Not� ar this Security instrument, whether or not then due. 6. Occupancy. Sorrower shall occupy, estabHsh, and use the Properiy as Sarrower's principal residenca within 60 days after the execution of this Securrty Instrument and shall continue to occupy khe Property as Borrpwer' s principal residence for at least one year after the date af occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preserv�tion, Maintenance and Protection of the Pruperty; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the P.roperty from deteriorating or decreasing in value due to its condition. Unless it is detennined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Properiy if damaged to avoid further deterioration or damage. lf insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Properiy, Borrower shall be responsible for repairing or restoring the Property only iF Lender has releas�d proceeds for such purposes. Lender may disburse proceeds for the repairs and restaration in a single payment or in a series of progress payments as the work is completed. If thc insurance or condemnation praceeds are nat sufficient to repair or restore the Properiy, Borrower is not reliaved qf Bcarrawer's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and insp�ctions of the Property. If it has reasonable cause, Lender may inspe�t the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspeation specifying such reasonable cause. S. Borrower's T.oan Application. Horrower shall b� in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knawledge or consent gave materially false, misleading, or inaccurate information ar statements to Lender (or failed to provide Lender with material infarmation) in conne�tion with the Loan. Material representatrons include, but are not limited to, representations concerning Borrower's occupancy nf the Property as Borrower's principal resrdence. 2200094632 D V6ANE NEBRA5KA - Single Family - Fannle Maa/Freddie Mac UNIFORM IN$1"RUMEN7' WII" �-6A(Nq loatol Paga 7 of 15 i�;t;ai� Form 3028 1101 <� �