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�oii�o��3 work has baen completed ta Lender's satislaclion, provided thal such inspectinn shall he undertaken prnmptly. Lencler may di�burse ptoceeds Ior the repaits and te5tc�tation in a�in�;le payment or in a series of progre�s payment� as the w��rk iti complel.ed. Unless an agreement i� made in writing ar Applicable Law rcquires intcrest to be; paid ot� such insurance proceed�, Lender slaall nnt hc required to pay Borrower any itzterest or earnings o.n s�xch praceecl�. Fees for public acljustera, or �ther thir�l partics, rctaincd by Bc�ttower �hall nol he paid nui of ihe insurunce proceeds and �hall be t.he sole obligatiun r�f iiorrowcr_ lf the rentotuiion or tepair is not economically feasible or Lendet'S 5ecutity would be lessened, the intiurance proceeds shall be applied Io Ihe sums secured by this Security Inslrument, whether or not ihen due, with lhe excess, if any, paid to $orrower. Such insurance proceeds shall be applied in lhe orcler ptovided fi�r irr Section 2. If I3orrow�r abandons thc Pri�perty, Lender may file, negotiatc and scttic any available insurance claim and related rnatters_ If I3orrower does npt respnnd within 30 days to a noticc from Lender Ihat Ihe insurancc carrier has offcrcd to settic a claim, then Lender may ncgatiate and scttic thc claim. 'T'he 30-day period will begin when the notice iti given. In either event, pr if Lctader acquires thc Property under Scction 22 nr otherwisc, I3nrrower heI'ehy astilgns t.o Lender (a) }3nnrower's rightti to any insurance prnceeds in azi amount not to exc�ed the amounts unpaid under the Note or this �ecurity In�trumcnt, and (b) any other af Borrowear'� ri�hts (other thun the tighi tn any refund of unearne�l premiu►ns paid by B��rrnwer) under all insurance palicies covenng the Propetly, in5ofar as �uch tight5 are applicahle to the eoverage oF the Property. Len�ler may utie the insurance proceeds either Io repair or restore tbe Property or to puy amaunl.� iarpaid under ihe Noie or t.his Security Instrument, whether or noi ihen due. 6. ()ccupancy. F3orrawer shall occupy, establish, and utie the Ptope:rty ae Bpnr��wcr'ti principal resid�ncc within 60 dayti after the executic>n of ihi� Security Insttument an�l �hall continuc to occupy the Prnperty as I3orr��w�r'� principal rc�idence for at least one year after the date nf occupancy, unless Lencler oth�rwise agrecs in writing, which consent tihall not bc unrcasonahly withheld, or unless extenualing circurnstanccG cxitit which arc bcyorad [3orrower'ti conttol. 7. Preservatinn, Maintenance xnd Prntection of the �roperty; Inspectiunti. I3orrower shall not destroy, dama�e nr irnpair the Prpperty, allc�w the Ptoperiy tn deteri��rat� or cnmmit wastc on the Pro�rcrty_ Whcther or nnt I3orrower is r�siding in the Pruperty, Borrower shall maintain the Property in or�ler ti� prevent the Praperty from deterivtat.ing ot dectea5ing in value due ta its canditian_ [Jnlcss it is detem�ined purauant to Section 5 that repuir or resloration i5 not economically feaaible, Borrowcr shall �romptly repair ihe Property if damagecl 10 avoid turthet deteriotation or damage. If insurancc or co.ridemnation proceed� are paid in cannection wiih damage to, or the taking af, the Property, T3orrowcr shall hc respontiibl� for rcpairing or retitnrin� the Ptopetty c7nly if Lender has rcicatied proceeds for such purposes. Lendcr �riay disbursc procecdti for the repairs and retiti�ration ir� a sineic payrnent or in a series of progress paymcnts as the work is completed_ If the insurat�ce or condernnation proceeds are not sufTicieni to rcpair or rc�tore thc Property I3orroWC1' iF tu)l 1'�]IeVed �]� L3�rroWCr obligation fi�r the completion of such rc�air �r restoration_ Le;nder �r it� agcnt may mak� reatianable enlries upon and intipectians o� the Property_ If it has reasunable cause, Lender may inspect the interior of ihe imptovements on the Property. Lender shall �ivc Botrowet nolice al the time of or pnor to such an interior inspeclion specilying such reasonable cause. 8. Sorrowcr's Loan Application. $orrower shall be in default if, during lhe Loan application ptoce�s, Botrower or any persons or enlities acting at the direction of Bottower or wilh Borruwer's knowledge or consenl gave lnaterially false, mislcading, nr inaccurate infonnation or statements lo Lender (ot failed to provic�e Lender with material infonnation) in connection with the Loan. Muterial representations include, but are not limitcd tn, repretientatii�ns conccrning C3orrowcr's occupancy o£ the Property as T3�rrowcr's principal residctxce. N�BRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � J `�''' �-B�NE� (0811) Page 7 of 15 ini�iais: (�1 CJ Form 3028 1/01 f� . ��} • U