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�0120830� 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence withiu 60 days after the execution of th➢s Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuattng circumstances exist which are beyond Borrower's control. T. Preservation� Malntenance and Protectlon of the Property; Inspectlons. Borrower shall not destroy, damage or impair the Property, allow the Property to deterlorate or commit waste on the Property. Whether or not Bonower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from detedorating or decreasing in value due to its condition. Unless it is determined pursuant to Secflon 5 that repair or restoration is not economically feasible, Borrower shall prompdy repair We Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible far repairiug or restoring the Property only if Lender has released proceeds for 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 aze not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may 9nspect the �tnterior of the improvements on the Property. Lender shall give Borrower notice at We time of or prior to such an intedor inspection specifying such reasonable cause. 8. Borrower's Loen Appllc�tlon. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materlally false, misleading, or inaccurate informaflon or statements to Lender (or failed to provide Lender with material information) in connection with We Loan. Material representaflons include, but are not limited to, representaHons concerning Borrower's occupancy of the Property as Borrower's prindpal residence. 9. Protection of Lender's Interast In the Property and I�ghts Under thls Security Instrument. If (a) Borrower faiLs to perform tt►e covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might signif3candy affect Lender's interest in the Property and/or rlghLs under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forFeiture, for enforcement of a lien which may attain prlodty over this Security Instrument or to enforce laws or regulaHons), or (c) Borrower has abandoned We Property, then Lender may do and pay for whatever is reasonable or approprlate to protect Lender's interest in t}►e Property and rig6ts under this Security Instrument, including protect3ng and/or assess9ng the value of the Property, and securing and/or repairing We Property. Lender's acflons can include, but are not limited to: (a) paying any sums secured by a lien which has priorlty over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rlghts under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water &om pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this SecHon 9, Lender does not have to do so and is not nnder any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions auWorized under this Section 9. - 001122994783 Cltibank 3.2.59.07 V3 NEBRASKA-SMgIe FamUy-Farmle Mee/Freddie Mec UNIFORM INSTRUMENT WITH MERS Form 3028 1/01 VMP � VMPBA(N� (1105).00 Woiters Kiuwar Finandal Services Page 8 oP 17