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�O��Q�044 <br />6. Occupancy. Borrower shall ocxupy, establiah, and use the Property as Borrower's principal residenca <br />within 60 days after the execution of this Sec�aity �nsl�ment and sball continue to occupy the Property as <br />Boirower's principal residence for at least one year after tha date of occupancy, unle� Lender otherwisa <br />agrees in writing, which consent ahall not be unreasonably withhald, or unlass extenuating circumstances <br />exist which are beyond Bonowei's controL <br />7. Pr+�ervatlon, MaMtenance snd Protection of the Pnoperty; Inspections. Borrower shall not destroy, <br />damage or impair the Properiy, allow the Prop� ty to deteriorats ar cammit wasta on the Property. Whether <br />or not Borrower is residing in tha Property, Boaower sha11 maintain the Properiy in order to prevent the <br />Properiy from deteriorating or decreasing in value due to its condition. Unl�s it is determined purauant to <br />Section S that repair or restoration is not economically feasi'ble, Borrower shall promptly repair tha Property <br />if damaged to avoid further deterioration or dmnaga. If insurance or condamnation proceads ara paid in <br />connection with damage to, or the taking o� the Prop�ty, Borrower shall be responsible for repairing or <br />restoring the Properiy only if Lender has released proceeds for such purposes. Lender may disburse procee�s <br />for the repairs and r�toration in a singla pay�nt or in a series of progre,ss payments as the wark is <br />completed. If the ins�uance or condemnation proceeds aze not sufficiem to repair or re4tore the Properiy, <br />Bonower is not relieved of Borrower's obligalion for the cox�le�ion of such repair or restoration. <br />Lender or its agent may make reasonable antries upon aIId inspections of the Property. If it has reasonable <br />c�usa, Lender may inspect the interior of the improvements on tha Prop�l.y. Lender shall giva Bonower <br />notice at the time of ar prior to suah an intariar inspeclaon specifying such reasonable causa. <br />8. Borrowers Loan Appltcat�n. Borrower shall be in default i� during the Loaa application process, <br />Borrower or any persona or entities acting at the direction of Borrower or with Bonower's knowledge or <br />consent gave materially falsa, misleading, or inacc�uate information or statam�ts to Lender (or failed to <br />provida Lender with material information) in cormection with the Loan. Material representations include, but <br />are not limited to, representations conceming Bonower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Prot�tion of Lende�'s Inter+est In tl� Property and I�ghts Under this Se�rity Instrument. If (a) <br />Boaowar fails to perform the cove�ants and agccements c�ntained in this Security Instr�nt, (b) there is a <br />lagal proceeding that might signific�atly sffect Lend�'s int�est in tha Properiy and/or rights und� this <br />Security �nstr�t (auch as a proce�ding in bankNptcy, Probate, for condemnation or forfeitura, for <br />enforcem�t of a lien wlrich may attain griority over this Security �nstnnnent or to enforce laws ad' <br />regulations), or (c) Boirow� has abandoned tha Property, then Lender may do and pay for whatever is <br />reasonable or appropriate to protect Lender's interest in the Property and rights imder this Sacurity <br />Insh�ent, including protecting and/or as�ssing the value of the Property, aod securing and/or repairing <br />the Property. L�nder's actions c�n include, but are not limited to: (a) Paying any awns sacured by a lien <br />which has priority over this Se�urity Instrimnen� N) aPpearing in court; and (�) PaYing r�onable attome�ys <br />fees to protect ita intarest in tha Property and/or righta under this Security Instrument, including its secured <br />position in a banlQUptcy proceeding. Securing the Property includes, but is not limited to, entering the <br />Properly to make repairs. chaage locks, replace or lmazd up doors aad windowa, drain water from pipes, <br />eliminate building or other code violations or daagerous conditions, and hava utilities ttimed on or off. <br />Although r.ender �y take action under tbia Section 9, I.ender d�s not ha�re to do so and is not under any <br />duly or obligation to do so. It is agreed that Lander incurs no liability far not taking any or all actions <br />suthorized under this Section 9. <br />szooas�e�a <br />NEBRASKA�rple FsnOy-Fannle Mae/Freddle Mao UNIFONM WSTRUMENT WRH MQi,9 <br />Woltere Kkiwwx Fhanafel Sstvi�ea <br />D VBANE <br />w►o, ao�e , ro� <br />VMPBAINE►17 706) <br />Pa�e 8 of 17 <br />� ' �' <br />