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�012��95� s. occupancy. Borrower shau occupy, establish, ana,�sa rhe Property as Borrower� s principal resiaence within 60 days atter the execution of this Security Instnm�nt and shall continue to axupy the Property as Borrower's principal residence for at least one year after the date of axupanc.y, unl�s Lender otherwisa agrees in writing, wluch consent ahall not be unreasunably withheld, or unless extenuating circumstances exist which are bayond Borrower' a c�ntrol. 7. Pr+eservatlon, Maintenance and Protection of the Property; Inspections. Borrower shall not de.�eroy, damage or impair the Pro�ly, allow tha Properiy to deterim�ate or commit waste on tha Properiy. Whether or not Borrower is residing in the Proparty, Borrower shall maintain the Property in order to prevent the Property from deteriorating or dec�sing in valua dua to its condition. Unless it is det�min� pursuant to Section 5 that repair or restoration ia not economic�lly feavble, Borrower sha11 promptly repair the Property if damaged to avoid further det�rioration or damage. If instuanca or condamnaYion proceeds ara paid 'm connection with damage to, or the taking o� the Properiy, Borrower shall be responsible for repauyng or restoring the Property only if Lender has released proceeds for such purposas. Lender may disburse proceeds for the repairs and restoration in a single payment ar in a series of pro� payments as the work is completed. If tha ins�u�ance or condemnation proceeds are not sufficient to repair or restore the Properiy, Boirower is not raliaved of Borrower' a obligation for tha completion of such repair or reatoration. Lender or its agent may maka reasonable entries upon and inspections of the Property. If it has reasonable cause, I.ender may inspect the interior of tha improvements on tha Praperty. I.ender shall give Bonower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's L�oa�t AppllCatlon. Borrower aha11 be in default i� during the Loan applic�t.ion process, Borrower or any persons or eatitias acting at the direction of Borrower ar with Bonower' s knowledge or consent gava materially falsa, misleading, or inaccurata information or atataments to I,ender (or failed to provide Lender with material information) in connaction with tha Loan. Material representations includa, but are not limitsd to, representations concerning Borrower' s axupancy of the Properly as Borrower' s principal rre,vdence. 9. Protedion af Lender's Irrter�t In ti� Property and Rights Under thls Security Instrumerrt. If (a) Bonower fails to perform tha covenants and agreements contained in thia Security Ins�nt, (b) there is a legal Proce�ing that might significantly affect Lender's inter�t in tha Property and/or rights under this Security Instrument (such as a proceeding in baz�ptcy, probate, for condemnation or forfaiture, for enforcement of a lien wluch may attain priority over this Security Instrument or to enforce laws ar regulations), or (c) Boirower has abaadoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to prote�t Lender' s interest in the Properiy and rights under tlus Security Ins�nt, including protecting aad/ar assessing the value of the Propariy, and securing and/or repairing the Property. Lendar's actions c�n include, but are not limitefl to: (a) PaYmg any sums aecured by a lien which has priority over this SecuritY Inslrum�ent, (b) appearing in court; and ��) PaYing reasonable attorneys� fas to protect it� intarest in the Properiy and/or rights under tUis Sacurity Inslnmoent, including its sacured position in a banl�uPtcY prac�ding. Securing the Property includes, but is not limited to, entering the Property to make repairs, chaage locks, replac� or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under 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,eader incurs no liability for not taking any or all actions authorized uader this Section 9. 2200288381 NEBRASKA-Single FamBy-FanNe Mae/Freddie Mao UNIFORM INSTRUMINT WITH MERS vMP Cql Woltere Kluwar Ffnamial3ervl¢ea D V6ANE r-am ao3e � ro� VMPBA(NE) (7 706) Pye 8 of 17 �� ` `-+