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201207093 6. Occupancy.Borzower shall ocwpy, establish, and use the Property as Boao�ver's principal residence wi[hin 60 days after Ihe execution of this Security Instrumcnt and shall continue to oceupy the Properfy as Bonower's principal residcnce for at least one yzar after the date of occupa�cy, nnless Lender otherwise agrees in writing,which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are bevond Aonower's control. 7. Preservation,Maintenaneeand Proteetionof the Property;Inspections.Bo�rower shail not destroy, damagc ar impair thc Property,allow thc Property to dctcrioratc or commit wastc on thc Property. Whclhcr or not Aorrower is residing in the Property. Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible,Bonower shall promptly repair the Property if daauged to avoid fur[her deterioration or damagc. If insurance or condemnation proceeds are paid in conuedion with damage tq or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if L,ender has released proceeds for such purposes, Lender may disburse proceeds for the repa'vs and restoration in a single payment or in a series of progress payments as the work is completed.If Ihe irisivance u�condemnxtion proceeds ue not suftieient W repair or resto�e the Property, Borrower is uot relieved of Boirower's obligation for thc complctiou of such repair or testoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause,Lender may inspect the interior of the improvements on the Roperty. Lcndcr shall give Aorzower ❑otice aC the time of or prior to snch an interior inspection speciYying such reasonable cause. 8. Borrowe�'s Loan Application.Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Horrower or with Borrower's knowledge or consent gave materially false, misleading,or inaccurate information or statements to Lender(or failed to provide Lender with material information) in connection with the Loan. Material iepresentxtions include,but are nol limited W,representxtions conceming Borrower's occupancy of the Property as Borrower's principal residence. 9. Protectionof Lender'slnterest in the Propertyand RightsUnderthis Securitylnstrument.If(aj Aorrower fails to perform the covenants and agreements contained in this Sccurity Instrument,(b) there is a legal proceeding that might significan[ly affect Lender's interest in the Property and/or�iy,hts under this Security Instrumen[(such as a proceeding in banlavptcy,probate, for condeinnation or forfeiturq for enforccment of a lien which may attain priority ovcr this Secivity Instmment or to enforce laws or rcgulations),or(c) Borrower has abandoued the Property, then Lender may do and pay for whatever is reasonablc or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property,and secnring and/or repairing the Property. Lendei s xctions can include, but are not limited W: (x)pxying any sums securcd by x lien which has priority over this Security Instrument; (b)appearing in coud; and(c)paying reasonable attorueys' fccs to protcct its intcrest in thc Property and/or rights undcr this Sccurity Instrumcnt, including its sccurcd position in a bankmptcy proceeding. Securing the Property includes,but is nat limited to,entering the Proper[y to make repairs, change locks,replace or board up doors and windows,drain water from pipes, eliminare building or other code violations or dangerous conditions,and have utili[ics tumed on or off. Although Lender may tnke action undcr this Section 9, Lender does not have to do so and is not under any duty or obligation[o dn so. ft is agreed that Lendcr inwrs no liability for not taking any or all actions authorized undcr this Section 9. NEBRASKA�Single Famity�Fannle MaelFretltlie Mac 11NIFORM INSTRUNENT WITH MERS Fortn 30201/01 VMP p VMPBAINE)ry 105j.00 Wolters Kluwer Flnencie��&eMres Pege 8 af 1] III II'll'I�I I�I III�I II I I IIIIIIII I I III I IIII�I II III q03309249118 0233 313 0817