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201205381
<br />1111064296
<br />Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender
<br />otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating
<br />circumstances exist which are beyond Bonower's control.
<br />� 7. Preservation, Maintenance and Protectioa of the Property; Inspections. Borrower shall not
<br />destroy, damage or impair the Property, allow the Properly to deteriorate or commit waste on the Property.
<br />Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent
<br />the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to
<br />Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Properly
<br />if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in
<br />connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or
<br />restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds
<br />for the repairs and restoration in a single payment or in a series of progress payments as the work is
<br />, completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Properly,
<br />Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration.
<br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has
<br />i reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give
<br />Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause.
<br />8. Borrower's Loan Application. Bonower shall be in default if, during the Loan application
<br />process, Borrower or any persons or entities acting at the direction of Bonower or with Borrower's
<br />, knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender
<br />(or failed to provide Lender with material information) in connection with the Loan. Material representations
<br />include, but are not limited to, representations concerning Bonower's occupancy of the Property as
<br />Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument.
<br />' If (a) Borrower fails to perform the covenants and agreements contained in this Security Instivment, (b) there
<br />is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this
<br />Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for
<br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or
<br />� regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is
<br />reasonable or appropriate to protect Lender's interest in the Property and rights under this Security
<br />Instrument, including protecting and/or assessing the value of the Properly, and securing and/or repairing the
<br />Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which
<br />, has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attomeys' fees to
<br />protect its interest in the Property and/or rights under this Security Instrument, including its secured position
<br />in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to
<br />, make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate
<br />building or other code violations or dangerous conditions, and have utilities turned on or off. Although
<br />Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or
<br />obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized
<br />under this Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower
<br />secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of
<br />^ disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting
<br />� payment.
<br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the
<br />lease. Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel
<br />the ground lease. Borrower shall not, without the express written consent of Lender, alter or amend the
<br />ground lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge
<br />NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />� 338.8 Page 7 of 14 Form 30281/Ol
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