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201f0576� work has been completed to Lender's satisfac�ion, provided that such inspection shall be undertaken promptly. Lender ma,y disburse pmceeds for the repairs and restoration in a single payment or in a series of progress gayments as the work is completed. Unless an agreement is made in writing or Applicable I.aw 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 �nc,,,�„� proceeds and shall be the sole obligation of Borrower. If the restora.tion or repair is not economically feasible or L.ender's security would be lessened t110 �nc�ran� proceeds shall be applied to the sums secured by this Security Inslrument, whether or not then due, with the excess, if any, paid to Borrower. Such insur�nce proceeds shall be apglied in the order provided for in Section 2. If Bozrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Bonower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender ma,y negotia.te and settle the claim. The 30-da.y 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 any �nc�*ansp proceeds in an amount not to exceed the amounts u�aid under the Note or this Security Instrument, and (b) any other af Baxrower's rights (other than the right to any refund of unearned premiums paid by Borrower} under all insurance policies covering the Properly, insofar as such rights aze applicable to the coverage of the Property. Lender may use the �nM�,�nce proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Bonower shall occupy, esta.blish, and use the Property as Bonower's principal residence within 60 days after the execution of this Security Ins�ent and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date af occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriora.te or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall mainta.in 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 resf.oration is not economically feasible, Borrower shall prompfly repair the Property if damaged to avoid furttter deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Properly, 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 instuance or condemna.tion proceeds are not sufficient to repa'vr or restore the Properly, Borrower is not relieved of Borrower's obligation for the comple�ion of such repair or restoration. Lender or its agent may make rea.sonable entries upon and inspections of the Progeriy. If it has reasanable cause, Lender ma:y inspect the interior of the improvements on the Properly. Lender shall give Borrower notice at the tune of or prior to such an interior inspection specifying such reasonable cause. 8. Botrower'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 knowledge or consent gave materially fal�, misleading, or inaccurate information or statements to Lender (or failed to provide Lender 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 Bozmwer's principal residence. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6iNE) �oa�� nee@�or �s in�ve�8: � Form 3028 1/01