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20i��41�� 6. OCCUp811Cy. Borrower shall occuPY, es�blish, and use.ihe Pmperty as Borrower's pnnc�pal residence within 60 days a�itar the ex�uxeon of this Security Instrument and s#�all continue to axupy the Property as Borro�ver' s prtnci�l residence for at least one year after the clate of occupancy, uniess Lender otherwise agrees in writing, which cons�t shall not be unreasonably withheld, or unless extenuating c�rcumstacsces exist which ars beyoad B�rower's conh�oi. 7. Preservation, MaFntenaru� and Pr�ect�n of the Praperty; Inspect�ns. Borrower si�aU not destroy, damage or impair the Property, allow the Property to deteriorate or cornm%t wasta on the Property. Whether or not Borrower is residing in the Property, Borrower stiall maintaui tiie Property in order to prevent the Property from detenoratmg or decreasiag in value ciue to its vondition. Unless it is determined pursuaat to Section 5 that repair or restoration is not economically feasible, Borrower shail promptiy repair the Properiy if daanaged to avoid fiurther detenoration or damage. If ins�uance or condemnation proceeds are paid in conn�tion witdt damage to, or the takiag o� the Property, Borrower shall be respo�ible for repairing or restorin� the Property oniy if Lender l�as released proceeds for such purposes. Lender a�y disburse proc�ds for the repairs and restaratian in a single payment or in a senes of progress payments as the work is c�mpleteci. If tqe inswrar►ce ar candemnation proce�ds are not sufficient ta repair or restore the Property, Borrower is not relisved of Bonower' s obligation far the completion of suct► repair or restorahon. Lender or its agent may nmice reasanai�le entries upon and inspections flf the Property. If it has reasoaable cause, Lender may inspect the interiar of the �mpravements on the Property. Lender shall give Borrower not�ce at the time of or prior to such an interior inspection specifying such reasonable cause. 6. 8orrower's Lo�n Applicatlat. Borrower shall be m default if, duriag the Loan applic�Uon pra�ss, Borrower or any persons or entities acting at tha direchon of Bonower or with Borrower's imowledge or cons�t gave materially faise, m�sleading, or inaccurate information or statements to Lender (or failed to provide Lender with �terial inforn�ahon) in conne�tion with the Laan. Matenal repr�entations include, but are not limited to, r�resentations concenung Borrower's ocxupsncy of the Propaty as Bonower's principal reside,nce. 9. Prot�tlon of lender's Interesi In the Prop�rty ar�d Rights Utuier th� S+a�uity Instr�meM. If (a) Borrower fails to gerform the covenants and agreements contauied in this Seta�rity IffitrumenC, (b) there is a iegaf praceeding that uught significantty affect Lender's mteaest in the Property and/or nghts under thia Secunty InsWment (such as a proceeding in banlQUptcy, probate, for condemnation or farfeiture, for enfforcement of a liea which may attain priority over thie Se�urity Inshutnent ar to �farce laws or regulations), or (c) Borrower has abandoned the Praperty, then Lender may cio and pay for whataver is reasonable or appruprcata to protect Lender's interest tn the Property and rights under tlnis Security Instrument, including protec�ng and/or assessin� the vaiue of the Property+, and securing and/or re�pairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Se�unty Insmim�t; (b) appearing in court; anu (c) paying reasonable attorneys' fees to protect its mterest in t�e Property and/or r�ghts under this Security InsWment, inciuding its secured posirion in a banla�uptcy proceeding. Se�uring the Property includes, but is not lim�ted to, entering the Property to make repairs, change locks, replaca or board up doors and windows, drain water &om p�pes, eliminate building or other code vioi�tions or dangerous conditions, and have ufilities turned on or off. Although Lender may talce action under tivs Se�on 9, Lender does not have to do so and is aot w�der any dnty or obligation to do sa. It �s agr� that I.ender incurs no liability for not taking any or all actions authorizeci under this Sectioa 9. zaoozesaao NEBRP.SKA-SU�gte FamilyFennre MealFred�e Mac t1PUFORM tNBTRUMHdT WiTH MERS a�� a� s�� o vsa� Form 3038 1/Oi VMPBA(NE� 11106) Page 8 oI 19 ��