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201209603 6. OCcupanCy. Borrower shall occupy, eslablish, and ttse The Yro�erty ae Ron-ower's principn] residence � withit� 60 days nfu�r tl�c execuCion of this Security instrwuent and sliaLl wntinue Co occupy tl�e Pruperty as Borrowei°s piinci�eL residence for at least one ycar after C6e date of oecupancy, unless Lender otl�crwise ngrees in wriCir�g, whicli co��sen[ehall not be unreasona6ly withlieLd, or unless cxtenuaYing cireamstanocs exist whiuh are bcyond Borruwcr's conL-ol. 7. Preservation, Maintenance and Protection of the Property; Inspections. L3orrowcr shall nor.dcstroy, dai�iage or impair the Property, allow llie Properry to deteriornLe or commit waste on Lhc Property. Wlietlier or not I3a�rowcr is residina in tlie Proper[y, Borrower slial(mainleiu the Property in order lo}�rcvcn[the Properry fiam deteriornting or decreasing in vnluc due to its condition. Unless it is detcrmined pt�rsuant[o Scctiai 5 ttiat repair or res[ora[ion is not economicelty feasible, I3orrower shaL] promptly repair Uie Yroperty if dainaged to avoid further detcrioration or dacnttge. If insurance or condeuma[ioi�pi-oceede are �aid in connection witl� damage to, or the taking of, the Yroper[y, Borrower shall be responsible for rcpairing or restm'iiig the Property only i4'Leader l�es rcica,sed proa�:eds for auch pnrposes. Lender may disbursc proceeds for tl�e� repairs nnd restoration in a single pnymcnt or in a series of progress paymenYs as the work is cumpleted, if the insurance ur eondemnaCion prucceds are not snff"tcient Co tc�air or restore the Yroperty, 13orrowcr is not relieved of Borrower's obligation for tl�c coinpletioii of snch repeir or restoration. Lender or its agcnt may mal<e rea5onablc cuV�ies upon and insp�,rtions of die Property. 7f it lias rcasonal�le cause, Lender may uispcct tl�e interior of Lhe improvemenCs on the,Property. Lcnder shall give Borrowcr uoLice at thc Cime of or prior lo such an ineerior inapcction specifying such reasounblc cause. 8. BOrrower'S Loan Application. Borrowcr shall be in defeidl if�, during Che I,oan appLiwlion proccss, Borrower or any persons or entities acGng a[ the direction of J3orruwcr or with Rorrower's knowlcdge or consent gave� materially falsq misleading, or i�nccurntc information or slntements to I.ender(or failed lo provide Lendc�-widi matcria(i�iformation) in connecUun with thc Loan. Material r�presentations include, but are not lunited tq representations coiioerning Botrower's occupancy of the Yroperty ns Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. if(a) Borrowcr fails to perfurm thc rnveuants and agrecments containetl io lfiis Secw�iry Bistrument, (b) there is n legnL proceeding that might significantly affect Lcndci'e interest ia the Property and'or righYs under this Security Iustruinenc(sucl� as n�roceeding in bankrupley, p�abate, f'or condemnnliou or forfeiture, for enforcemcnt of a lien which inay ntinin priority over lhis Securiry InsCnm�ent or to e»fbrce Laws or regulatious), or (c)Rorrower has abzndoned die Properiy, tlicn Lender may do and pay for whatever is reasonable or npf�ropriate lo pmtecC Lender's interest in tlie Propcity and ri�rhts under tliis Securify Instrument, including protecting and%or asacssing the value of the Propc�-ry, and securing an�L'or repairing 41�c ProperCy. Lendcr's actions can include, 6ut are not Limited to: (n)paying any sums secured by a licn whicl�has priority over lhis Secttriry InsU�umenL; (b) appea��ing in com�l; nnd (c)puying reasonable at�orncys' fees Iv protect its interesl in the Properry and/or rigl�ts under this Securily Instrument, including its secured position in a ba��lcruptcy proceeding. Securing the Property includes, but is nol limitad tq entering Pd�e Pmperry to matce rcpairs, change Iucks, replace or I�oard up doors and windows, drnin wnlci fi�om pipes, climinate building or olher code violations or dangerous conditions, and have utilieics [urned on or o$�. Althougl�Lender inay take nction under this Seclioi�9, Lender does�ot h.avc lo do so and is i�ot under ai�y dury or obligntion to do so. lt is agreed thaC T.ende� incurs uo liabi(iry for nol Ltiking any or all actions authorized under this Scction 9, --- -- 8801G51R16 8801354616 MEORNSKA-Single Famlly-F&nrileMaelFre�tliaMae UWFORh1 INSTRUMEM WIiH MEI',:S �`_ �Y Form J028�l01 VMP(� VIdPEA(NF)(1106� Nlulters KluwerPnanGai Servlces Page e ot 1z