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work has been completed to Len promptly. Lender may disburse pr of progress payments as the work i requires interest to be paid on suc interest or earnings on such pro Borrower shall not be paid out of the restoration or repair is not eco proceeds shall be applied to the s the excess, if any, paid to Bonowe Section 2. If Borrower abandons the Pr claim and related matters. If Borroi insurance carrier has offered to sett] period will begin when the notice 5ection 22 or ot�erwise, Borrowe proceeds in an amount not to excee (b) any other of Borrower's right. Bonower) under all insurance polic coverage of the Property. Lender m to pay amounts unpaid under the Nc 6. Occupancy. Borrower sh� residence within 60 days after the i Property as Bonower's principal re otherwise agrees in writing, whicl circumstances exist which are beyon 7. Preservation, Maintenanc destroy, damage or im�air the P� Property. Whether or not Borrowe� order to prevent the Property from determined pursuant to Section 5 f prompdy repair fihe Property if i condemnation proceeds are paid in shall be responsible for repairing o purposes. Lender may disburse proc progress payments as the work is G to repair or restore the Property, B� such repair or restoratian. Lender or its age,�t may mak reasonable cause, Lender may inspe Borrower notice a# d�e time of or pr 8. BorroWer'S I.oan Aqalira er's satisfaction, provid�d eds for the repairs and � e completed. Unless an agree insurance proceeds, Lend!er s. Fees for public adju e insurance proceeds and s mically feasible or Lend�r' secured by this Security . Such insurance proceeds s perty, Lender may file, ? �er does not respond with ; a claim, then I,�nder ma is given. In either event� � hereby assigns to Lend l the amounts unpaid und�i (other than the right to ' .es covering the P'roperty, y use the insurance proce� e or this Security Instntm� 1 occupy, establish, and xecution of this Security idence for at least one ye� consent shall not be un i Borrower's control. � and Protection of the �perty, a11ow the Proper is residing in the Proper �deteriorating or decreasin at repair or restoration i� ged to avoid further nnection with damage t restoring the Property or s for the repairs and re: pleted. If the insurance � ower is not relieved of reasonable entries upon the interior of the imprc � to s�d� an interior inspe on. Borrower sha11 be r entities acting at the false, misleading, or in� material information) imitcd to, representatio� proc,ess, Borrower or any persons lrnowiedge or consent gave materiall (or failed to provide Lender wi� representations inciude, but are not Property as Bonower's principal res; NEBRASKA - Single Family - Fannie �-6(NE) �osti>> � Mac UNIFORM Page 7 ot 15 201102785 : such inspection shall be undertaken ition in a single payment or in a series i is made in writing or Applicable Law ll not be required to pay Bonower any >, or other tiurd parties, retained by be the sole obligation of Borrower. If ;urity would be lessened, the insurance nunent, whether or not then due, with be applied in the order provided for in eg iate and settle any available insurance n 3 days to a notice from Lender that the � n otiate and settle the claim. The 30-day or if Lender acquires the Property under :r () Borrower's rights to any insvrance r Note or this Security Instriunent, and u�y refund of unearned premiums paid by in far as such rights are applicable to the is e ther to repair or restore the Property or nt, ether or not then due. use the Property as Bonower's principal ;�st ent and shall continue to occupy the � aft r the date of occupancy, unless L.ender eas ably withheld, or unless extenuating 'ro y; Inspections. Borrower shall not � t deteriorate or commit waste on the �, rrower shall maintain the Property in in alue due to its condition. Unless it is not economically feasible, Borrower shall dete 'oration or damage. If insurance or , or the taking of, the Property, Borrower y if L,ender has released proceeds for such �rat on in a single pay�nt or in a series of r demnation proceeds ar� not sufficient on wer's obligation for the compietion of and 'nspe�tions of the Property. If it has �em nts on the Property. Lender shali give ,tion specifying such reasonable cause. :� d ault if, during the Loan application irec 'on of Borrower or with Borrower's �cur e information or statements to Lender in nnection with the Loan. Material ; co ' g Borrower's occupancy of the �nitia�s: Form 3028 1/09 �� s `� , ' �� ` � � � ,�