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201�O��g work has been campleted to Lende:r's satisfaction, provided that such inspection shall be undertaken promptly. L.ender 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 proceetls, Lender shall not be required to pay $orrower any interest or earnings on such proceeds. Fees far public adjusters, or other third parties, retained by Borrower shall nat be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restaration or repair is not economically feasible or L,ender's security wauld be lessened, the insurance proceeds shall be applied to the surns 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 file, negotiate and settle any a�ailable insurance claim and related rnatters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered ta settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the natice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Boxrower hereby assigns to Lender (a) Borrower's rights to a�ny insurance proceEds in an amaunt not to exceed the amounts unpaid under the Note ar this Security Instivament, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiurns paid by Borrower) under all insurance policies covering the Froperty, insofar as such rights are applicable to the coverage of the Prope�ty. I.ender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower sha11 occupy, establish, and use the PropeRy as Barrower's principal residence within 60 days after the execution af this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless L.ender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservatian, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage ar impair the Froperty, allow the Property to deteriorate or conunit waste on the Property. Wheth�r or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property frorn deteriorating or decreasing in value due to its condition. Unless it is determined pursuant ta Section 5 that repair or restoratian is not economically feasible, Borrower shall promptly repair the Property if darnaged to avoid further deterioration or damage. If insurance or candemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restaring the Property only if Lender has released paroceecis for such purposes. I�ender may disburse proceeds for the repairs and restoration in a single payrnent or in a series of progress payrnents as the work is cottxpleted. If the insurance or condemnation procceds are not sufficienit to repair or restare the Property, Barrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent m�ay make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the unprovements on the Propez'ty. Lender shall gi�e Barrower notice at the tirne of or prior to such an interior inspectian specifying such reasonable cause. S. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction af Borrower or with Bortower's knowledge ar consent gave materially false, misleading, or inaccurate information ar statements to Lender (or failed to provide Lender with material infarmation) 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. NEBRA$KA - Single Family - Fannie MaelFreddia Mac UNIFORM INS7RUMENT �-61NE) �08��1 Page � of �s ��icie�5: � Form 3Q28 1/01 �