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201i0037G work has been completed to Lender's satisfactian, provided 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 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 af Borrower. If the restoration or repair is not econornically feasible ox Lender's security would be lessened, the insurance proceeds sha11 be applied to the sums secured by this Security Instrurnent, 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 clairn and related matters. If Borrower does not respand within 30 days to a notice from I,ender that the insurance carrier has offered to settle a claim, then Lender 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 under Section 22 or otherwise, Borrower hereby assigns to L.ender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borxower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender rnay use the insurance praceeds either to repair or restore the PropeRy or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. 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 Praperty 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 are beyond Borrower's conCrol. 7. Preservation, Maintenance and Protection of the Property; 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 arder to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall prompCly repair the Property if damaged ta avoid further deterioration or damage. If insurance ar condemnation 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 Lender has released proceeds for such purposes. 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. If the insurance ar candemnation proceeds are not suf�cient to repair or restore the Property, Borrower is nat relieved of Borrower's obligation for the completion af such repair or restoration. I,ender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, L.ender may inspect the interior of the improvements on the Property. Lender sha11 give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. $. Borrower's Loan Application. Boarrower shall be in default if, during the Loan application process, Barrower or any persons or enCities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide L,Qnder with rnaterial information) in connection 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 UNIFQRM INSTRUMEN7 G �-BINE) 108>>1 Page 7 of 15 iniciais: Form 3Q28 1/p9 � r�