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201206729 6. OCCUpdnCy. Barrowcr shall occupy, establish, and use the Properry as Barrower's principal residence within 60 days after the execntion of this Sccurity insfrument and shall continue to occupy the Property as Borrower's principal residence for ae least one year afler the date of occupancy, unless Lender otherwise agrees in writing, which co�sent shall not be unreasonab[y withheld, or unless exEenuating circumstances cxist which are beyond Borrower's wntrol. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall noc destroy, damage or impair the ProperLy, allow the Property to deteriorate or commit waste on the Property_ Whef.hcr oe not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent Che Property ti�om deteriorating or decreasing in value due [o iU condition. Unless it is determined pursuant to Section 5 that repair or eestoration is not ecouomically feasible, Borrower shalJ promptly repair the Property if damaged to auoid further deteriotation or damage. if insurance or condemnation proceeds are paid in connection with damage to, or Yhe Cal<ing of, the Properry, Borrower shall be responsible for reptiring or resforing Ehe Property only if Lcnder has released proceeds for such purposes. Lender may disburse prooeeds for the repairs and restoration in n single payment or in a series of progress paymcnts as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore tlie Properry, IIorrower is nut relieved of Sor�nwer's obligation for the compLetion of such repair or restorafion. Lender or its agent may make reasonable entries upon and inspections of the Property. If i[has reasonable cause, Lender may inspecC the interior of the improvcments on the Prupeety. Lender shall give Borrower notice at Lhe time of or prior to such an interior inspection specifying such reasonable cause. 8. BorrOw01''s LOdn AppllCation. Borrowcr shall Ue in default if, during thc Loan application process, Bon-ower or any persons or entities acting at the dircction of Borrower or with Botrower's knowledge or consent geve matcrially False, misleading, or inaccarate informalio�or sCatements to Lender(or failed tu provide Lender with materia] information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrowcr's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. if(a) Borrower 1'ails to perform the covenants and agreements wniained in this Security Instrument, (b)therc is a legal proceeding that iniglit significantly affect Lender's interes[ in the T'roperty anNor rig6ts under this Security Tnstrument(such as a proceedii�g in bankruptcy, probate, for condeinoation ur forfeiture, for enforcemei�t of a lien which may attain prioriry over this Secnriry Instrument or to enforce Laws or regulations), or(c)Borrower has abandoneA the Property, then Lender may do and pay for whatevcr is reasonable or appropriate to protect Lender's interes[in Yhe Yroperry and rights under this Secoriry Instiument, including protecting and/or assessing the value of the Property, and seuuring and/or repairing the Properry. Lender's actions can iiiclude, but are not limited ta (a)paying any sums secured l�y a lien wliicli]�as prioriry over t1�is Secm�ity Tnstrument; (b) appearing in court; and(c) paying reasonable attorneys' fees to protecY its interest in Lhe Property and/or riglrts onder this Security instrument, including its secured position in a bankrupCcy proceediug. Securing the Property includcs, but is noc limited fo, entering the Property to make repairs, change locks, replace or 6oard up doors nnd windows, clrain water from pipes, eliminaEe building or othm� code violations or dangerous conditions, and liave utilities turned on or uff. Although I.ender may take action under this Section 9, Lender does not have to do so and is not under any duty ur obligation to do so. It is agreed Lhat Lender incurs no liability for nol tnking any or all acYions authorized under tl�is Section 9_ 8801252268 8801252260 NEBR0.5K0.-Single Pemiry-Fannie Mae/FretlJle M ac UNIFORM INSTRUMENT WITH MERS Form 3020 1I01 VMP� VMP6A(NFa(1105) Woliers Kluwer Financiel Servicas PaBe B of 1]