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201103673 work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower 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 be the sole obligation of Borrower. If the restoration or repair is not economically fea.sible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Bonower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotia.te and settle siry available insurance claim and related matters. ff Borrower does not respond within 30 days to a notice from Lender that the ins�u�ance carrier has offered to settle a claim, then Lender may negotia.te and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to auy insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Bonower) under all insurance policies covering the Property, insofar as such rights aze applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts u�aid under the Note or this 5ecurity Inshument, whether or not then due. 6. Occupancy. Bonower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this 5ecurity Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenua.ting circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspectio�. Borrower shall not destroy, damage or impair the Property, allow the Properiy to deteriorate or commit waste on the Properly. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Properly 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 Property if da.maged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds aze not sufficient to repair or restore the Property, Bonower is not relieved of Borrower's obligation for the completion of such repair or restora.tion. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasona.ble cause, Lender may inspect the interior of the improvements on the Progerty. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. S. Bonower'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 Borrower's l�owledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material infor�iatic�n) in connection with the Loan. Material representations include, but are not limited to, representa.tions concerning Borrower's occupancy of the Properiy as Borrower's principal residence. NEBRASKA - Single Family - Fennfe Mee/Freddie Mec UNIFORM INSTRUMENT ��L �-6{NE) roa� t � Paao � or � e i�,ntais: � � Form 3028 1I01 L+ �,"