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201103756 work has been completaci to L�der's satisfaction, provided that such inspection shall be undertak� promptly. I,ender may disburse procxeds far the repairs and restoration in a single payment or in a serie.v 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 proceerls, Lender shall not be requirefl to pay Borrow�r any interest or eamings on such proceeds. Fces for public adjusteis, or other third parties, retained by Borrower shall not be paid out of the ��m�+nc� proceeds and st�all be the sola obligation of Borrower. If the restoration or repair is not economically f�sible or Leaider's secu�ity would be lessened, the insurance procxeds shall be applied to the sums se�ured by this Se�urity Instrument, whether ar not then due, with the exce,ss, if any, Paid to Bonower. S�ZCh insarance proceeds shall be applieri in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Boirower does not res�nd within 30 days to a notice from Lender that the insurance carxier has offere� to settle a claim, then Lender may negotiate and settle the claim, The 30-day period will begin when the notice is given, In either event, or if Lender acc�uires the Properiy under Section 22 or otherwise, Boa�ower hereby assigns to Lender (a) Borrower' s rights to any insurance proce�s in an sumunt not to exceed the amounts impaid under the Note or this Se�arity Instrument, and (b) any other of Bouower' s rights (other than the right to any refund of uneazned premiums p�d by Borrower) under a1l insinrance policies covering the Property, insafar as such rights are applicable to tha coverage of the Property. Lender may use the insurance praceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instiiunent, whether or not then due. 6. Occnpancy. Bonower shall occupY, �tablish, and use the Property as Boirower's principal residence within 60 days afte� tha exe�ution of this Security Insbnnnent and shall continue to occupy the Properiy as Bonower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrces in writing, which consent sball not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower' s control. 7. Preserval3on, Maintenance and ProtecLion of the Properiy; Inspections. Borrower shall not destroy, damage ar impair the Properly, allow the Propert.y to deteriorate ar commit waste on the Property. Whether or not Borrower is residing in the Property, Boaower 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 economic�lly fe�asible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condenmation proceeds are paid in connection with da�nage to, or the tal�►g o� the Property, Borrower shall be responsi'ble for repairing or restoring the Property only if Lend� has releasad proc�ls for such purposes. Lender may disburse proc�eds 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 are not sufficient to repair or restore the Properiy, Bortow� is not relieved of Bonower' s obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entcies upon and inspections of the Property. If it has reasonable cause, I.ender may inspect the interior of the improvements on the Properiy. Lender shall give Borrower notice at the time of ar prior to such an interior inspection specifying such reasonable cause. S. Borrower's Loan Application Borrower shall be in default i� during the Loan application process, Bonowet 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 (ar faile� to provide Lender with material information) in connection with the Loen. Material representations include, but aze not limited to, representations concerning Borrower' s occupancy of the Property as Bonower' s principal residence. 2200133693 D V6ANE NEBRASKA - Single Family - Fannle Ma�/Freddie Mac UNIFORM INSTRUMENT WITH M (�-6A(Nq roe�o) Peee � cr �s i�wa�s: Form 3028 1/01 � �