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20120�65ti 6. Occupancy. Bonower shall accuPY, establish, and use the Properry as Borrower' s principal residence within 60 days after the exe,cution of tlua Sec�mty Instinm�ent and shall continue to occupy the Property as Borrower' s principal residence for at least one yesr after the date of occupancy, unless L,ender othezwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Boaower' s control. 7. Pr+�servation, Malntenance and Protection of the Phrmp�rty; Inspectlons. Bonower shall not destroy, damage or impair the Properiy, allow the Properiy to deteriorate or commit waste on the Progeriy. Whether or not Bonower is residing in the Properiy, Borrower sha11 maintain the Property in order to prevent the Properiy from deteriorating or decreasing in value due to its condition Unless it is deternained pursuant to Section 5 that repair or restoration is not economically feav'ble, Boaower shall promptly repair the Properiy if damaged to avoid fiuther deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking o� tha Properiy, Bonower sha11 be rasponsible for repairing or restoring the Property only if L,ender has rel� prac�ds for such purpos�s. Lender may disburse proce�ds for the repairs and reatoration in a single payment or in a series of progreas payments as tha work is completed. If the insurance or candemnation proceads are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower' s obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and insp�:rions of the Properiy. If it has reasonable cause, Lender may inspect the interior of the improvements on the Properiy. Lender shall give Boaower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's L�oan Application. Borrower shall be in default i� during the Loan applicarion process, Bonower or any persons or entities acling at the direction of Borrower or with Borrower' s�owledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (ar failed to provide Lender with material infomn�ion) in connection with the Loan. Material representarions include, but aze not limited to, represmtations conceming Borrower' s occupancy of the Properiy as Borrower' s principal r�idence. 9. Prot�tion of Lenders Interest in the Property and IZights Under this Secur�ty Instrumer�t. If (a) Boaower fails to perform tha covenairts and agr�ments contained in this Security Instrument, (b) there is a legal Prac�in8 that might significantly affect Lender's interest in the Property and/or rights under this Security instrument (such as a proce�eding in bankruptcy, probate, for condemnation or forfeiture, for enforcem,ent of a lien which may attain priority over this S�urity Instrument or to enforca laws or regulations), ar(c) Boirowe� has abandoned the Proparly, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender' s interest in the Properiy and rights under this Sacurity Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender' s acrions can include, but are not limited to: (a) paying any sunos sacured by a lien which has priority over tlus Security Instrument; (b) aPPeazing in court; and (c) PaYing reasonable attoineys� f�s to protect its interest in the Property and/or rights under this Security Instrument, including its se�ured position in a banlauptcy praceeding. Securing the Property includes, but is not limited to, entering the Properiy to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other cade violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender daes not have to do so and ia not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. NEBRASKASinple FamOy-FanNe Mae/Freddle Mec UNIFORM INSTRUMENT WIT MERS 33 Form 3038 07 yMp � VMPBA(NE) (1106) Wp�� Page B of 17 �P