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201207796 6. OcCupancy, Borrower sl�alf occupy, establish, and use the Properry as Borrower's principal residence will�in 60 days after fl�e execution of tliis Securiry Insh-ument and s1�aIL cont�nue to occupy tJ�c Propeity as Burruwer's principal residcnce tbr at least�one year afler Uie date oC occupancy, unla¢s Lendcr nthcrwisc ag��ees in writing, wl�ich consent shaLL not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's connol. 7. Preservation, M aintenance and Protection of the Property; Inspections. Borrower sl�all no�destroy, damage or impair tt�e Properry, allow[he Properly ro deterioiate or commit�vasLc oi� Ll�c ProperLy. Whcther or not I3orrower is residing in the Property, I�orrower sl�all inain[ain tlie Property in ordec to prevent tl�e ProperCy �from dcteriorating or decreasing in aahie due 1'�o i[s u�iidilion. Unless it is dekermined pw�suaut to SecLion 5 that repair or rentoration is not economiwlly f�easible, Borrowcr sl�a�ll promptly repair Lhc Properly iF daivaged to avoid fiird�er deterioration or damage. If insura�ce or condemnation proceeds ate paid in conuection with dainage t�o, or the talciug of, tl�e Propei .Ty, Bon-o�ver sliall be respoi�siblc for rcpairing or resCoring tl�e Properly only if Lender hati rcicased procecdn Cor nuch purpones. Lender may disbuise proceeds for the repairs 2ud restoraCion in a single pa}anenC or in a series of progress payments as the wor]< is completcd. If tl�c insurancc or condemnarion procaeds are not suf'ticient to rcp�.ir or resLorc ll�c Property, Borrower is ��ot relieved of Borrower's obligation for tlie comple[ion of such repair or restoration. Lender or its agen[inay malce reasoriabLe entries upon and inspections of tlie Property. If iC has reasonable cause, Lender inay iuspect tl�e u�terior of the improvemenGs on die Properry. I.ender sl�ail give Borro�ver noLice nl Il�c Lime uC or prior to aucl� an interiur inspeclion specifyiog sucli rcesonable c�use. 8. Borrower's Loan Application. Burruwer shell be in defaul� if, during the Lo2n application process, Borrower or any p�rsons or euGCies acCing aY Yhe direction of Borrower or with Borrower's Lmowledge or cunscnt gav�materially lalse, misleading, or inaccurate information or statemenLs Lo Lcndcr (ur failcd tu piavide Lender with material information) in connection with the Loan. Materizl represenCations include, but are not limit�;d to, cepresentaUons cor�cerning Borrower's occttpancy of Yhe Property as Boi�rower's priucipaL residcncc. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. ll'(x) Borrowcr fails to perform the covenants and agreements containcd in this Security Instniment, (b) Yhere is a legal proceeding tliat might significandy�ffect Lender's interest in [lie Property and/or rights u��der this Sccurily h�strument (such as a proceeding in banlauptcy, probate, for condemnation or lbrfciWrc, fur enforcement of a lien which may a[taio priority over this Security Instnunent or to enforce.laws or renuLations), or (c) Borrower has abandoned the Property, then Lender may do and pay f'or wl�atever is rcasonable or appropriate to protect Lendec's interest in �l�e Properry and ri�*hts under 8�is Securi6y Instnunent, including proteclii�g and/or assessing Lhe vxluc uf Lhe Property, xnd seciving �nd/or repairing die Peoperty. Lender's actions e2n iuclude, but are no[ limited to: (a) paying flny sums secured by �lien which lias priority over tl�is Securify Iustrumefit; (b) appearing in court; and (c) �,�aying reasonabLe attorneys' fees fo ��roLecL ils interest in tl�c Propa�ty and/or rights undcr HiiS Sccw-ity InsLrumenL, inclutling its secured position in a bankruptcy procci,ding. Scam-ing the Property includcs, buL in noC limited to, enteriug tlie Property to malce repairs, ehange locks, replace or board up doors and wii�dows, drai��water �Froin pipes, climin��c building or utf�cr code violations or daugerous conditions, and l�ave utilitics turncd on or off. A(Chougli Lender may take actio�� undcr Ll�is SecLion 9, Lcndcr �focs not havc Lo do so and is i�ot nnder any duty or obligation to do so. IE is ag��eed tl�at Lender incurs no liability for not tal<ing a�y or all actions authorized uncicr this Scc[ion 9. BB01300�82 BB01300462 NE�RASKA-5'mgbFamlty-fannleMielRetldieN,acUNIFORMINSTRUMEMVJI1HMEft5 �.LJ- Form30/81lOt VM P OO V M P6AINE)(1106) Wolters Kluwer f-biandal Sarvlces Page B of 17