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2Q110714� work 1 promp� of pro� require interes Bono� the res procee the ex� Sectio� L claim insura� period Sectio� procee �) � Bono� covera to pay order sha11 to re such (or as been completed to Lender' s satisfaction, provided that such inspection sha11 be undertaken y. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series �ess payments as the work is completed. Unless an agreement is made in writing or Applicable Law � interest to be paid on such insurance proceeds, Lender sha11 not be required to pay Borrower any or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by er sha11 not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If �ration or repair is not economically feasible ar Lender' s security would be lessened, the insurance s sha11 be applied to the sums secured by this Security Insri�ument, whether or not then due, with ;ss, if any, paid to Borrower. Such insurance proceeds sha11 be applied in the order provided for in 2. Bonower abandons the Property, Lender may file, negotiate and settle any available insurance nd related matters. If Borrower does not respond within 30 days to a notice from Lender that the �e carrier has offered to settle a cla.im, then Lender may negotiate and settle the claim. The 30-da.y will begin when the notice is given. In either event, or if Lender acquires the Property under 22 or otherwise, Borrower hereby assigns to Lender (a) Bortower' s rights to any insurance ls in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and other of Bonower' s rights (other than the right to any refund of unearned premiums paid by er) under a11 insurance policies covering the Property, insofaz as such rights are applicable to the ;e of the Properiy. Lender may use the insurance proceeds either to repair or restore the Properiy or unounts unpaid under the Note or this Security Instrument, whether or not then due. Occupancy. Borrower sha11 occupy, establish, and use the Property as Borrower' s principal ce within 60 da.ys after the execution of this Security Instrument and sha11 continue to occupy the y as Bonower' s principal residence for at least one year aRer the date of occupancy, unless Lender ise agrees in writing, which consent sha11 not be unreasonably withheld, or unless extenuating �tances exist which aze beyond Borrower' s control. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not , damage or impair the Property, a11ow the Property to deteriorate or commit waste on the ,y. Whether or not Borrower is residing in the Property, Borrower sha11 maintain the Property in o prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is ined pursuant to Section 5 that repair or restoration is not economically feasible, Bonower sha11 iy repair the Property if damaged to avoid further deterioration or damage. If insurance or �nation proceeds aze paid in connection with damage to, or the taking of, the Property, Bonower � responsible for repairing or restoring the Property only if Lender has released proceeds for such �s. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of �s payments as the work is completed. If the insurance or condemnation proceeds aze not sufficient ir or restore the Property, Bonower is not relieved of Bonower' s obligation for the completion of pair or restoration. ender or its agent ma.y make reasonable entries upon and inspections of the Property. If it has ible cause, Lender may inspect the interior of the improvements on the Property. Lender sha11 give rer notice at the tnne of or prior to such an interior inspection specifying such reasonable ca.use. , Borrower's Loan Application. Bonower shall be in default i� during the Loan applicaiion >, Bonower or any persons or entities acting at the direction of Bonower or with Bonower' s :dge or consent gave materially false, xnisleading, or inaccurate information or statements to Lender iled to provide Lender with material information) in connection with the Loan. Material mtations include, but are not limited to, representations concerning Bonower' s occupancy of the ty as Bonower' s principal residence. 2200158219 NEB SKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS �- A(NE11oa�o1 Page 7 of 16 Inkials: � � D V6ANE Form 3028 1/07