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• . 201209340 8• OccupanCy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence Por at least one year after the date of occupancy, unless Lender othenvise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circamstances exist which are beyond Borrower's control. 7• Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall noc desaoy, damage or impair the Property, allow lhe Property to deteriora[e or commi(waste on Ihe Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order lo prevent �he Property from deterioraling or decreasing in value due to its condition. Unless it is determined pursuant to SeGion 5 tha[ repair or restoration is not economically feasible, Borrower shall prompHy repair the Property if damaged to avoid further de(erioration or damage. If insurance or condemna[ion proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or resroring[he Property only iF Lender has released proceeds For such purposes. Lender may disburse proceeds for the repairs and restoration in a single paymen[ or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient [o repair or restore the Property, Borcower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable enlries upon and inspeclions of the Property. If it has reasonable cause, Lender may inspecl the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior fo such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or enlities acting al the direction of Borrower or wilh Borrower's knowledge or consent gave materially false, misleading or inaccurate informalion or sta[emenls [o Lender (or failed to provide Lender wilh ma�erial information) in connection with the Loan. Material representations include, but are not limited to, represen[ations concerning Borrower's oceupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Poghts Under this Security Instrument. If (a) Borrower fails to perform [he covenanls and agreemenls conlained in this Security Instrument, (b) there is a legal proceeding that mighl significantly affect Lender's in[erest in the Property and/or rights under this Security Ins�rumen[ (such as a proceeding in bankruptcy, probale, for condemnation or forfeimre, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regula�ions), or (c) Borrower has abandoned Ihe Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under Ihis Security Instrumenl, including protecting and/or assessing the value of the Properly, and securing and/or repairing the Property. Lender's actions can include, but are not limited ro: (a) paying any sums secured by a ]ien which has priority over this Security Instrument; (b) appearing in couri; and (c) paying reasonable attorneys' Fees to protecl its interesl in the Property and/or rights under this Securily Inslrument, 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 from pipes, eliminate building or otlier code violations or dangerous conditions, and have utililies turned on or off. Although Lender may take aclion under this Sec[ion 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all aclions authorized under lhis Section 9. ooiizazaaisi NEBRqSKq-Single Family-Fannie MaelFretltlie Mac UWFORM INSTRUMENT WITH MERS Cin�ank 32.63.13 V3 VMP N,` Fwm 3028 t/Ol Wdeers Kluwer Financlal Services VMP6H(NE7(1105�.00 Page 8 of 1]