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�� work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceecis for the repairs and restoration 'vn a single payment or 'va a s�ries of progress payments as the work is completed. Unless an agrcement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be requirefl to pay Bonower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall Ue the sole obligarion of Bortower. If the restoration or repair is not economically feasible or Lender's s�urity would be lessened, the inc„r�ce proceeds shall be applied to the sums secured by this Security Instniment, 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 Secrion 2. If. Bonower abandons the Properry, Lender may file, negoriate and settle any available insurance claim and related matters. If Bonower does not respond withiu 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the norice is given. In either event, or if L�nder acquires the Property under Se�tion 22 or otherwise, Borrower hereby assigns to Lender (a) Bonower's rights to any insuranc� proceeds in an amount not to exceed the amounts unpaid under the Note or �is Security Tnstrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Bonower) under all insnrance policies covering the Property, insofaz as such rights aze applicable to the coverage of the Property. Lender may use the insurance procceds either to repair or restore the Properiy or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this S�urity Instrument and sha11 continue to occupy the Properry as Bonower's principal residence for at least one year after the da.te of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless elctenuating circumstances e�tist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Bortower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Bonower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Froperty if damagerl to avoid further deteriorarion or damage. If insurance or condemnation proceeds aze paid in conn�tion with damage to, or the taking of, the Property, Bonower shall be responsible for repairing or restoring the Property only if L,euder has released proceeds for such purposes. Lender maq disburse proceeds for the repairs and restorarion in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceefls aze not sufficient to repair or restore the Property, Borrower is not relievefl of Bonower's obligation for the completion of such repair or r�storation. Lender or its agent may make reasonable entries upon and insp�rions of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. L�nder shall give Borrower notice at the time of or prior to such att interior inspection specifying such reasonable cause. 8. 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 of Borrower or with Borro�+er's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide I,ender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Bonower's principal residence. iVEBRASKA - Single �amily - Pannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (OS11) Page 7 of 15 inniais: Form 3028 1/07 � , ! � L� � �