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�o�la�o7� work has b�n comple� to Lender's satisfaction, provided that such inspection shall be unde�taken 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 Applic�ble Law requires interest to be paid on such inswrance proce�s, Lender shall not be required to pay Borrower any inter�t or earnings on such proceeds. Fees for public adjusters, or other third partie.s, retained by Bonower shall hot he paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not �onomically feasible or Lender's s�cvrity would be lessened, the ins►n�ce proceeds shall be applied to the sums se�ured 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 Section Z. If Bonower abandons the Property, Lender may file, negotiate �d settle any available insurance claim and relate�i matters. If Bonower does not respond within 30 days to a notice from Lender that the insurance cazrier has offeze� to settie a claino, 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 acquires the Properiy under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower' s rights to xny insutance proceeds in an amount not to exc�ed the amounts unpaid under the Note or this Security Instrument, and (b) amy other of Bortower' s rights (othe2 than the right to any refimd of uaearned premiums paid by Boaower) under all insurance policies covering the Properiy, insafar as such righxs are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Prape�ty or to pay amounts unpaid under the Note or this Security Instrument, whether or nvt then due. 6. Ocenpancy. Bonower shall occupy, establish, and use the Properly as Borrower' s principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Properiy as Borrower' s principal residence for at least one year after the date of occupancy, unless I.ender otherwise agrees in writing, wluch consent shall not be unreasonably witbheld, or unless extenuating circumstances exist wluch are beyond Borrower' s control. 7. Preservation, Ma�tntenance and Protection of the Property; Inspect3ons. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Prop�rty. Whether or not Boaower is residing in the Property, Bonower shall maintain the Properiy in order to prevent the Property from deteriorating or decreasing in value due to its candition. Unless it is determined pursuant to Section 5 that repair ar restoration is not �onomically feasible, Borrower sball promptly repair the Properiy if damaged to avoid further deterioration or damage. If insurance or condemnation procee�s are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Prope�ly only if Lender has released proceeds for such purposes. Lender may disburse proceeds for ihe repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation procee�s az'e not sufficient to repair or restore the Property, Banower is not relieve� of Borrower' s obligation for the completion of such repair or restora.tion. Lender or its agent may make reasonable entries upon and insge�tions of the Properiy. If it �ias reasonable cause, Lender may inspe�t the interior of the improvements on the Prope�y. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default i� during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Bonrower's knowledge ar consent gave materially false, misleading, or inaccnrate information or statements to Lender (or failefl to provide Lender with material inforn�ation) in comiection with the Loan. Material representations include, but are not Limited to, representations conceming Borrower' s occupancy of the Property as Borrower's principal residence. 2200173281 D V6ANE NFBRASKA - Singta Family - Fannle MaelFreddie Ma� UNIFORM iNSTRUMENT W1TH MFRS �-6A(N� los�ol Page 7 of 16 trud�s-.+�� `'n� �� 3028 1107 �