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2011U2�8� work has baen completed to Lend r's satisfaction, provided promptly. Lender may disburse proc eds for the repairs and re of progress payments as the work is ompleted. Unless an agre requires interest to be paid on such i surance proceeds, Lender interest or earnings on such proce ds. Fees for public adj , Borrower shall not be paid out of t insurance proceeds and the restoration or repair is not econo ically feasible or Lender's proceeds shall be applied to the s s secured by this Security ] the excess, if any, paid to Borrower. Such insurance proceeds . Section 2. If Borrower abandons the Pro erty, Lender may file, n claim and related matters. If Borro er does not respond withi insurance carrier has offered to settl a claim, then Lender ma period will begin when the notice 's given. In either event, c Section 22 or otherwise, Borrowe hereby assigns to Lend i proceeds in an amount not to excee the amounts unpaid und (b) any other of Borrower's rights (other than the right to r Bonower) under all insurance polic es covering the Property, i� coverage of the Property. Lender m y use the insurance procee � to pay amounts unpaid under the No e or this Security Instnun n 6. Occupancy. Borrower sha 1 occupy, establish, and u residence within 60 days after the xecution of this Security , Property as Borrower's principal re idence for at least one yea othenvise agrees in writing, whic consent shall not be e. circumstances exist which are beyo d Borrower's control. 7. Preservation, Maintenan and Protection of the � destroy, damage or impair the P perty, allow the Prope Property. Whether or not Borrowe is residing in the Prope order to prevent the Property &om deteriorating or decreasin ' determined pursuant to Section 5 t at repair or restoration i� promptly repair the Property if amaged to avoid fiuther d condemnation proceeds are paid in connection with damage t, shall be responsible for repairing o restoring the Property o y purposes. Lender may disburse pro eeds for the repairs and re to progress payments as the work is c mpleted. If the insurance oi to repair or restore the Property, orrower is not relieqed of Bc such repair or restoratian. Lender or its agent may ma e reasonable entries upo a reasonable cause, Lender may insp ct the interior of the impr v Borrower notice at the time of or p'or to such an interior ins ec that such inspection shall be undertaken ion in a single payment or in a series is made in writing or Applicable Law not be required to pay Bortower any or other third parties, retained by �e the sole obligation of Borrower. If arity would be lessened, the insurance unent, whether or not then due, with �e applied in the arder provided for in ;oti te and settle any available insurance 30 days to a notice from Lender that the ieg tiate and settle the claim. The 30-clay r i Lender acquires the Property under (a Bonower's rights to any insurance the Note or this Security Instrument, and y fiwd of unearned premiums paid by so ar as such rights are applicable to the ei her to repair or restore the Property or , hether or not then due. oe the Property as Bonower's principal t ent and shall continue to occupy the ft r the date of occupancy, unless Lender so ably withheld, or unless extenuating erty; Inspections. Borrower shall not deteriorate or commit waste on the �rrower shall maintain the Property in �alue due to its condition. Unless it is economically feasible, Borrower shall rioration or damage. If insurance or the taking of, the Property, Bortower Lender has released proceeds for such on in a single payment or in a series of ndemnation proceeds are not sufficient wer's obligation for the completion of in inspections of the Property. If it has ents on the Property. Lender shall give c� specifying such reasonable cause. efault if, during flie Loan application ;tion of Borrower or with Borrower's ate information or statements to Lender connection with the Loan. Material ncerning Borrower's occupancy of the 8. Borrower's Loan Applic tion. Borrower shall be in process, Borrower or any person or entities acting at the dir knowledge or consent gave materi lly false, misleading, or i cci (or failed to provide Lender ith material information in representations include, but are n t limited to, representati ns c Properly as Borrower's principal r idence. NEBRASKA- Single Family - Fannie M�elFreddie Mac UNIFORM IN�RU�ENT �-6(NE) �osv�� Page 7 of 15 Initials: �� Form 3028 1/01