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201207959 6. OCCupdnCy. Borrower shalf occupy, establish, and use the Property as Borrower's principal residence wit6in 60 days after the execuCion of this Secnrity insd�ument and shall continue to occupy the Property ss Boreower's principal residence for at least one year afler the date of occupancy, ttnless Lender othcrovise agrees in writing, which consent shall not be unreasonably wilhheld, or unless extenoating circumstances exist which are beyond Borrower's control. 7. Preseroation, Maintenance and Protection of the Property; Inspections. BorroN�er shall not destroy, damxge or impair the ProperYy, allow the Vroperty to deteriorate or commiC wasCe on tl�e Property. Wl�ether or not Borrower is residing in the ProperYy, Borrower shall maintain the Property in order to prevent the Property fi�om deterioraYing or decreasing ii� value due to its condition. Unless iY is determincd pursuant to Section 5 Lhat eepair or restoration is not economic:ally fcasible, Borrower shall promptly repair the Property if damaged to avoid fur[her dcterioration or damage. iF insurance or condenv�ation pruceeds are paid in connection with damage to, or the Caking of, the Yroperty, Borrower shall be responsible for repairing or restoring the Pruperly only if Lender has released proceeds for such purposes. I,ender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as [he worl< is completed. If thc insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligntion for Yhe completioi� of such rcpair or restoration. Lender or its agent may mnkc reasonable entries upon and ii�spections of the Peuperty_ If it has reasonable causc, Lender may inspecY the interior of the improvements on the Property. Lender shall give Borrower notice at the time oCur prior to soch an interior inspection spcciCying such reasonable cause. 8. Borrowel''s Loan Application. Borrower shall be in default if, during thc Loan applicaEion process, Borrower or any persons or entities acting at the direction of I3orrower or with Borrower's knowledge or consent gave mxCcrially false, misleading, or inaccurete information or statements fo Lender (or failed to Nrovide Lender with material inforination) in connection with tl�e Loan. MaCcrial representations include, but are nok limited to, representations concerning Rorrower's occupancy of the ProperLy as Borrower's principal residence_ 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a Icgal proceeding that might significantly affect Lender's interest in the Vroperry ai�d/or rights onder this Security insCrument(sach as a proceeding in bankruptcy, probate, for condemt�ation or forfeiturc, fur enforcement of a lien which may attain priority over this Securiry Instrument or to enforce laws or rcgulations), or (c) Borrower has ab�u�doned the Property, then Lender may do and pay for wl�atever is reasonable or appropriate to protect Lender's intcrest in the Property and rigk�fs under this Security Instivment, inchiding p��otec[ing and/or assessing the value of thc Property, and securing and/or repairing thc Property. Lender's actions ean include, but are noY limited to: (a) paying airy sums secured by a Lien which has F�riority over this Security Insh-umcnt; (b) appearfng in court; and (c) paying reasunahle attorneys' fees to proCeeY its interest in the Property and/or rights under d�is Security instruinent, including its secured position in a baulcruptcy proceeding. Secw�ing the Property includes, but is noC limited fo, entering tlie Property to make rcpairs, change locics, replace oe board �p doors and windows, drain water from pipes, climinate bailding or other codc violations or dangerotts conditions, and have utilities turned on or off. Although Lender may t2ke action under this Section 9, Lender does not I�ave to do so and is not under any duty or obligation to do so. It is agreed that Lendcr incurs no liability for not taking any or all actioi�s authorized under this Section 9. 8801�91448 �/Ap � 8801292448 NEBHASKA-SinglaFainily-FannieMeelFretltlleMecUNIFORMINSTFUMENTWITHMFRS �.�Yl� ��„ Porm302841�1 VMP(xi �t VMP6A(NE)(1105) W oltere Kluw er Financiel Suvlces Page e of'17