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20��0037� work has been completed to t,ender's satisfaction, pravided that such inspection shall be undertaken promptly. Lender rnay disburse proceeds for the repairs and restoration in a single payrnent or rn a series of progress payments as the work is completed. Unless an agreement is made in writing or AppHcable Law requires rnterest to be paid on such insurance proce�s, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. �'ees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sale obligation of Sorrowec. If the restoration or repair is not economically feasi.ble 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 Borrawer. Such insurance proceeds shall be applied in the order provided for in Section 2. If Boxrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Sozrower does nat respond within 30 days to a notzce from Lender that the insurance carrier has offered to settla a clairn, then Lender may negotiate and settle the claim. The 30-day period wiil beg when the natice is given. In either event, or if Lender acquires the Property under Section 22 or othetwise, Borrower heareby assigns to Lender (a) Horrower's rights to arty insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other tl�an the right to any refund af unearned premiuins paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the .Property. Lender may use the insuranae proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or ttvs Security Instrument, whether or not then due. 6. Occupancy. Borrower shall OCClipY establish, and use the Praperty as Sorrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Properiy �s Borrower's principal residence for at least one year after the date of occupancy, urtless Lender otherwise agrees in writing, which consent shall not be unreasonably rvithhetd, or unless extenuating eircumstances exist which are beyond Borrower's co.ntrol. 7, Preservation, Maintenance and Protection of the Property; Inspecttlona. Borrower shall not destroy, darnage or impair the Praperty, allow the Property to deteriarate or cammit waste on the Property. Whether or not Borrower is residing in the Property, Borzower shall maintain the Property in ordcr to prevent the Property from deteriorating or decreasing in valua due to its condition. Unless it is determined pursuant to Sectron 5 that repair pr restoratran is not econornically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoting the Property only if Lender has released proceeds for such purposes. Lender may disbursa 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 or condemnation procee�s are not sufficient to repair or restore the Property, Sorrawe;r is not relieved af Borrowez's ohligation for the completion pf such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Praperly. If it has reasonable cause, Lender may inspect the interiar of the improvements on the Property. Lender shall give Borrowe�r notice at the time of or prior to such an interior inspaction specifying such reasanable cause. $. Borrower's Loan Applicatinn. Barrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the dire�tion of Bonower or with Borrowet' s knowledge or consent gave matcrially false, misleading, or inaccurate infozmation or statements to Lender (or failed to provide Let�der with material information) in connectian with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 2200D91456 D v6ANE NEBRASKA - Singla Family - Fannle Mae/Freddle Maa UNIFORM INSTRUMENT WITH MERS ' �-6A�Nq (09101 Pege 7 ot 15 Initials: � Form 3028 1/01 e