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201207868 6. Occupancy. Borrowex shall occupy, establish, and use the Property as Borrower's principat residence within 60 days after the execution of this Security Instrument and shall confinue to occupy the Property as Borrower's principa]residence for at least one year after the date of ocwpancy, unless Lender otherw2se agrees in writiog, which consent shall not be unreasonably withheld, or unless exteuuating circumstances exist which are beyond Sorrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Sorrower shatl not destroy, damage or impair the Property, allow the Property Yo deteriorate or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain t6e Property in order to prevent the Property ftom deteriorating or decreasing in value due to its condition. U�less it is determined pursuant to Section 5 Lhat repair or restoration is not economically feasible, Borrower shall promptly repair the Properry if damaged to avoid further deterioration or damage. if insurance or condemnation proceeds are pai.d in connection with damage to, or the takina of, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restorafion in a single payment or in a series of progress paymeots as the work is completed. If the insurance or condemnation proceeds aze not sufficient to repair or restore the Properry, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agen[may make reasonable entries upon and inspections of the Property. If it has reasonable caase, Lender may inspec[ttie interior of the improvements on tl�e Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. . 8. Borrower's Loan Application. Borrower shall be in default if, during die Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or � consent gave maferially false, misleading or i�accurate inPormation or sTatements to Lender(or failed to provide Lender wi�li material information) in connectio�with the Loan. Material representations include, but are not limited to; representations concerning Borrow°er'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 faifs to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Properry and/or rights under this Secutity Instrument(such as a proceeding in ba�kruptcy, probate, for condemnation or forfeimre, for enfarcement of a lien which may attain priority over this Security Instrument or to enforce laws or re�ulations), or(c)Borrower has abandoned the Property, then Lender may do and pay for�vhatever is reasonable or appropriate to protect Lender's interest in the Properry and rights under this Sewrity Instrument, including protecting ancL'or assessing the value of the Property, and securing and/or repairing the Properry. Lender's actions can include, buC are not IimiEed to: (a)paying any sums secured by a lien which has prioriry over this Securiry lnstrument (b)appeazing in courf.; and(c)paying reasonable attorneys' fees to protect its inEerest in theProperty and/or rights under this Securiry Tnstrumenk including iCs secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited tq entering the Property to makc repairs, change locks, replace or boazd up doors and windows, drain water from pipes, eliminate bui(ding or other code violations or dangerous condiCions, and have u[ilities turned on or off. Although Lender may take action under this Seaion 9, Lender does not have to do so and is not under any duty or obligation to do so. if is agreed that Lender incurs no liability for not taking any or all acYions authorized under this Section 9. BB01268083 8801266063 NEBRASKA-Single Family-Fannle MaefPretltlie Mac UNIFORM INSiRUPAENT WITH MERS Porm 3028 1101 VM P OO VMP6AWt�(i 1 OS) W olters Kluw er Financial Servlces Pa3e 6 0111