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20�1045�� work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken prompfly. I.ender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is campleted. Unless an agreement is made in writing or Applicable Law requires interest to Ue paid on such insurance proceeds, Lender sha11 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 zestoration or repair �s not economically feasible or Lender's security would be lessened T�10 �nc�ran� proceeds shall be applied to the sums secured by this Security Instrument, 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 Sec�ion 2. If Borrower abandons the Properly, Lender may file, negotiate and settle any available �nc�rAnce claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the ;nc�..*ance carrier has offered to settle a claun, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if I.ender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any �nc�iranSP proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) a.ny other of Bozrower's rights (other than the ritght to any refund of unearned premiwns paid by Borrower) under all insurance golicies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the �nc�,�nsp proceeds either to repair or restore the Property or to pay amounts uitpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Properly as Bonower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy fhe Property as Borrower's principal residence for at Ieast one year after the date of occupan.cy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances eJCist wluch are beyond Borrower's control. 7. Preservation, Maintenance and Ptotection of the Property; Inspections. Borrower shall not destroy, damage or impair the Properly, allow the Property to deteriorate or commit waste on the Properly. Whether or not Borrower is residing in the Progerty, Borrower shall maintain the Properiy in order to prevent the T'roperly 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 prompfly repair the Froperty if damaged to avoid further deterioration or damage, If insurance or condemnation proceeds are gaid 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 r�pairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnationproceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upan and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the unprovements on the Property. Lendez shall give Bonower notice at the time of or prior to such an interior inspection specifying such reasonable cause. S. 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 Bortower's l�owledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material informa�ion) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occnpancy of the Property as Borrower's grincipal residence. NEBRASKA - Single Family - Fannie Ma�/Freddie Mac UNIFORM INSTRUMENT �-6(NEltos�� paga7ot16 i�tiai8: ��. Form3028 1i01