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24110583� wazk hss been completed to Lender's satisfaction, provided that such inspectian shall be undertatcean pramgtly. Lender may disburse proceeds for the repairs and restoration in a single paymem or in a series of pxagress payments as the wark is c�mpleted. Unless an agreement is made in writing or Applicable Law requires interest to be paid on snch , *+� , � , ce proceeds, Lender s�ell aat be r�uired to gay Borrower any interest ar earnings on such pru�eeds. F� for publia adjusters, or other third parties, retaiued by Borrower shall not be paid out af the ins�ance praceeds and shall ba the sole obligation of Bonrowrer. If the rastoration ar repair is not aconomically fc�sible or Lender's secumy would be lessened, the +*+m�n� proceeds shall be applied to the s�s secuQed by #lus Security Insrrume�rt, whether or not then due, with the e�ccess, if any, paid ta Souower. Such insurance pr�s shall be applied in the order provided for in. Section 2. If �rrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Boirower does not respond within 30 days to a notice fram Lender that the insivance carrier has o�#'er� to settle a claim, tl�en Le,nder may negotiate and settle the claim. Tha 30-day geriod will begin when the notice is given. In either eve�rt, or if Lender acqttir� the Property under Section ?2 or atherwise, Bonower hereby assigns to �.ender {a) �orrower's rights to any insurance proc�eeds in an amount not to exceed the amounis �paid under the Note or this Security Instrumeirt, and (b) aay other of Borrower's rights (other than the right to any refund of unearned premiwns paid by Borrower} under all insuranee policies coeerimg the Properly, insofar as such rights aze applicable to tl�e caverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property ar to pay amaimts wrrpaid under the Note ax this Security Instmm�e�, whether or noc tiien due. 6. Oceupancy. Borrower shall occupy, establish, and use the Properly as Borrower's principal residence within 6Q days efter the e�cecution of this Security Instrument and shall continue to occupy the Properly as Bortower's principal xesidence for st least one ye�r after the date of occupancy, uniess Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating eircumsfances exist whieh are beyond Bonower's conlral. 7. Preservafion, Mainfenance �nd Prot�cGton of t6e Property; �nsgections. Brnrower shall not des�troy, damage ar impair the Property, allow the Properhy to deteriprate or commit wasta on the Property. Whether or not Barrower is rasiding in the Property, Borrower shall maintain the Pmperty iu arder to prevent tl�e Property from deteriarafimg or deereasing in value due to .its condition. Unless it is detarmin� pnrsuant to Section 5 that repaiz or restoration is not economicaljy f�ble, Barrower sha11 promptly regair the Properiy if dameged to avoid :t'urther deterioration or darnage. If instuance or candemnation proceecls are gaid in connection witk� damage to, ar the taldng of� the Property, Borrower shall be responsibls for repairing or restaring the Property only if Lender has released pr�ceeds far such purposes. Lender may disbt�rse graceeds for the repairs and resToration in a single payment or in a sarie,s of progress paymarts as the work is eomplekecl, Tf the insivance or condemnation proc�eds are not sufficient ta repair or restore the Property, $orrower is not relieved of Borrower's ohiig�ian far thc completion of such repair or restora�iion. Lender ar its agart may make reasonable en�i�s upon and insg�tions of the 1'raperty. If it hes reasonable cause, Lender may inspect the ivterior of the improvemeIIts on the Property. Lender shall give Borrower notice at the ttme af or prior to such an interior inspaction apecifying such reasonable cause. S. Borrower's Loan Agplieatiion. Horrower shaTl be in default if; during the Loen appIic�tion process, Borrower or any gersons ar entiti� actiag at the di.rection of Snrrower or with �rrovver' s knowl�ge or consent gave materially false, misleading, ar inac:curate information ar statements to Lendez (or failed to gruvide Lmder with material information) in co�nection with the Loan. Material representations include, but are nnt limited to, represen�ions concerning Barrower' s occupancy of the Property as Borrower' s principal residence. 2200156567 D V6A1�45 NE9RASKA - Stng(e Fem6y - Fannle MaelFreddba Mac UNIFORM IRISTRUNlENT WIT'H M S �-6A1AIE} ��oj PaBe 7 oT 16 ��: Parm 3028 1101