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work has been completed to Lender's satisfaction, provided that such in. promptly. 1_,ender may disbwse proceeds for the repairs and restoration in a of progress payments as the work is oompleted. Unless an'agreement is made requires interest to be paid on such insurance proc�eeds, Lender shall not be r interest or earnings on such proceeds. Fees for public adjusters, or oihF Borrower sha11 not be paid out of the insuranc� proceeds aund shall be the sa: the restoration or repair is not ecanomirally feasible or Lendet's security woi procceds shall be applied to the sums secured by this Security Insmzment, w the excess, if any, paid to Borrower. Such insurance proceeds shall be appliec Section 2. If Borrower �abandons the Property, Lender may file, n�gQtiate anc� s� claim and related matters. If Borrower does not respond within 3d days to a insurance camier has offered to settle a clasm, then Lender' may nagoEiate and period will begin when the notice is given. In either event, or if Lender Section 22 or otherwise, Borrower hereby assigns to L�nder (a) BorrowE pxoceeds in an amount not to exceed the amounts unpaid under the Note or � (b) any other of Borrower's rights (other than the right to any refund of Borrower} under all insurance policies oovering tha Property, insofar as sucl ooverage of the Property. Lender may use the insurance proceeds either to rep to pay amounts unpaid under the Note or this Security Instrument, whether or 6. Occupancy. Borrower shall occupy, establish, and use the Prope residence within 60 days after the execution of this Security Instrumeat and Property as Borzower's principal residence for at least one year aftar the date otherwise agrees in writing, whic� consent shall not be unreasonably wid circumstances exist which are beyond Borrawer's control. 7. Preservation, Maintenance and Protedion of the Propetty; Insp des#roy, damage or impair the Property, allow the Property to deteriara� Properiy. Whet6er or not Borrower is residing in the Property, Borrower st order to prevent the Progerty from deteriorating or decreasing in value due determined pursuant to Section 5 that repair or restoration is not eaonomia promptly repair the Property if damaged ta avoid further deterioration � condemnation proceeds are paid in connecxion with damage to, or the taking shall be responsible for repairing or restoring ihe Property only if I.ender ha purposes. Lender may disburse proceeds for the repairs and restozation in a sir. progress payments as the work is completed. If the insurance oz condemna�io to repair or restore the Property, Borrower is not relieved of Borrower's obli such repair or restoration. Lender or its agent may make reasonable entries upon and inspection reasonable cause, I.ender may insped the interior of the improvements on the Bonower notice at the time of or prior to such an interior inspedion specifyinF 8. Borrower's Losn Appl�cation. Bonower shall be in default if, c process, Borrower or any persons or entities ading at the d'uection of & knowlec3ge or consent gave materially false, misleading, or inacauate informa (or failed to provide Lender with material information) in oonnection representations izaclude, but are not limited to, representations cancerning E Property as Borrower's principal residence. NEBRASKA - S€ngle �amily - Fannie Mae/Freddie Mac UNlFQRM INSTRUTAENT WITH �-6A(NE) �oaio� Pape7 of 15 , initiaia:� , {t: � .. 20110237� iedion shall be undertaken ingle payment or in a series � writing or Applicable Law quired to pay Borrovc+er any third parties, retained by : abligation of Borrower. I� d be lessened, the insurance iether or not then due, with in the order provided for in �ttle any available insuranoe notice from I.ender that the settle the claim. The 30-day �cquires the Property under r's rights to any inswanoe bis Security Instrument, and inearned premiums paid by rights are agplicable to the iir or restore the I'roperty or iot tken due. °ty as Borrower's principal :hall oontinue ta occugy the �f occupancy, unless Lender held, or unless extenuating �tions. Borrower shatl not : or commit waste on the dl maintain the Property in � its �ndition. Unless it is ly feasible, Borrower shall r damaga. If inswance or of, the Property, Borrower released procaeeds for such ;le payment or in a series of proceeds aze not sufficient ;ation for the oompletion of of the Properry. If it has Prpperty. Lender shall give such reasonable cause. uring the Loan application rrower or with Barrower's ion or statements to Lender with the Loan. Material nrower's axupancy of the 11-U2-00006fl Form 9028 1/01