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201206674 6. Occupancy. Borrower shall occupY, establish, end use the Properry as Borrower's principal residence within 60 days after the acecution of ttris Security Insuument and sha11 continue to occupy the Property as Horrower's principal residence far at least one year after the date of occupancy, unless Lender otherwise agrees in writing, wlrich consent shall not be imreasonably withheld, or�mlesa eictenuadng circumatances pcist wtrich aze beyond Borrower's control. 7. Preservation, Mai�rtenance and Protection of the Property; Inspectbns. Borrower shall not des�oy, damage or impair the Property, allaw the Property to de,teriorate or commit waste on the Property. Whether or not Hoaower is residing in the Property, Borrower sl�all maintain the Proper[y in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is d�ermined pursuant to Setrtion 5 that repair or restoration ia not uonomically feasible, Borrower sball promptly repair the Properry if damaged to avoid further deterioration or damage. If insurance or candemnarion proceads are paid in coffiection with damage to, or the taking of, the Property, Borrower shall be responsible for r�airing or restoring the Property only if Lender has released procceds for auch purposes. Lender may disbiase proceeds far the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condenmation proceeds are not sufficient m repair or restora the Property, Borrower is nM relieved of Horrower's obligarioa for the compl�ion of aucb repair or resswration. Lenda or its agent may make reasonable enhies upon and inspections of the Property. If it has reasonable cause, Lender may inspect the imerior of the impaovemems on the Property. Lender shall gve Horrower notice at the time of ar prior ta such an interior inspection specifying such reasonable cause. 8. Borrowers taan Application. Borrower shall be in default if, during the Loan app(ication process, Horrower or any persons or eotides acting at the direchion of Borrower or with Horrower's lmowledge or consent gave materially faLse, misleading, or inaccurate information or statemente to Lender(or failed to provide Lznder with maberial informarion)in connection with the I.oan. Material representations include, but are not limited to, representations concerning Bonower's occupancy of the Property as Horrower'a principal residence. 9. Rotection oF lenclers IrKerest �the Property and I�gMs Under th�Security Ir�rumerk. If(a) Borrower fails m perform the covenants and agreements contained in Nus Security Inshvment, (b)there is a legal procceding that might significanfly affect I.euder's interest in the Property and/or rights undar this Security Instrument(such as a procceding in bankruptcy, probate, for conderonation or forFeiture, for enf'orcement of a lien which may attain priority ovar thia Security Inshvment or to enforce laws or regulatians), or(c)Bonower l�es ab�donad the Property, then Lender may do and pay for whatever ia reasonable or appropriate to protect Lender's interest in the Property and rights under flus Security Instrument, including protecting and/or assessing the value of the Property, and securing andlor repairing the Properiy. Lender'e actions can include, but are not limited to: (a)paying�y aums secured by a lien which has priority over tlris Sec�rity Inslrument; (b)appearing in caurt; and(c)paying reasonable attorneys' fees to probect its interest in the Property and/or rights under tlus Security Instrument, including its secured position in a banlauptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violatians or dangerous conditions, and ha�e utilities tumed on or off. Although Lender may take action uoder ttris 3ection 9, Lender does not have to do so and is not�mder aoy duty or obligation to do so. It is agrced that I.ender incurs no liability for not taking any or all actiona authorized under tivs Section 9. 2300252832 o VBANE NEBFASKASInpN Fam9y-FanNe MaNFrodOie Mec UNIFORM INSTHUMENT WRH MERS Fpm 3028 7N1 y�qp� VMPBA(NE)�7105) Wolbra Kluwar Finanael Sa�ips Pope 8 oF 1]