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�0�2a��7� 6. Occupancy. Borrower shall occupy, establish, and use the Property as Boaower' s principal residence within 60 days after the execution of tUis S�urity Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the data of occupancy, unless Lender otherwise agrces in writing, wluch consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower' s control. 7. Preservation, Malntenance and Protection of the Property; Inspectlons. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower 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 ia not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damaga. If insuranca or condemnation proceeds are paid in connection with damage to, or the taldng of, the Properiy, Borrower shall be responsible for repairing or reatoring the Properiy only if Lender has released procceds far such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower' s obliga.tion for the completion of such repair or rastoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it bas reasonable cause, I.ender may inspect the interior of the improvaments on the Property. Lender shall give Borrower notice at the time of ar prior to such an interior inspection specifying such reasonable cause. 8. Borrower"s Loan Appllcatlon. Bonower sha11 be in default i� during the Loan applic�tion process, Bonower or any persons or entities acting at the direclion of Borrower or with Borrower' s l�owledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in coimection with the Loan. Material representations include, but are not limited to, representations concerning Borrower' s occupancy of the Properiy as Borrower' s principal r�idence. 9. Protection of L�nders Inter�t in the Property and I�ghts Under this Security Instrumerit. If (a) Borrower fails to perform the covenants and agre,ements contained in this Security Instrument, (b) there is a legal proceeding that might signific�ntly affect Lender's interast in the Prope�iy and/or rights under this Security Instrument (such as a praceeding in bankruptcy, probate, for condemnation or forfeiture, for enfor�t of a lien wluch may attain priority over this Security Instr�ment or to enforce laws or regulations), or (c) Borrower has abandoned the Properiy, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under ttris Se�urity Instn�ient, including protecting and/or assessing the value of the Properiy, and securing and/or repairing the Properiy. Lender' s actions can include, but are not limited to: (a) paying any sums se�ured by a lien which has priority over this Sacurity Instrument, (b) aPPeaTing in court; and (c) PaYing reasonable attorneys' f�s to protect its inter�t in the Properiy and/or rights under this Se�urity Instrunnent, including its secured position in a bankruptcy proc�eding. Securing the Properly 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 code violations or dangerous conditions, and have utilitie.s turned on or off. Although Lender may take action tmder this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that I,ender incurs no liability for not taking any or all actions authoriz� under this Seclion 9. 2200271788 NEBRASKASingle FamOy-F�Ne Mee/Freddie Mac UNIFORM INSTRUMENT WITH MERS VMP Cql Woltme Kluwer Fbar�dal Servkes D VBANE Form 3038 1 /01 VMPBA�NE) (710b) Pege 8 oi 17 ► � 1i