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201210371 6. Occupancy.Bonower shall ocwpy, establish, and use the Property as Borrower's principal residence within 60 days after thc cxecution of this Security Instrumcnt and shalf continue to occnpy the Property as Rorrowcr's principal residence for at least one year aRer the date of occupancy,unless Lender othenvise agrees in writing, �vhich consent shall no[be unreasonably withheld,or unless extenuating cin;umstanccs cxist which are beyond Borrower's control. 7. Preservation,Maintenanceand Protectionof the Properly;Inspections.Boaowcr shall uot destroy, damage or impair the Property, allow the Proper[y to deteriorate or commit waste on the Ptoperty. Whether or not Borrowcr is residing in the Property,Rorrower shall maintain the Property in order to prevent thc Property from deteriorating or decreasing in value due to its condition. Unless it is determiued pursuant to Section 5 that repair or restotation is not economically fcasible,Borrower shall promptly repair the Property if damagad to avoid further deterioration or damage. If insurance or condemnation procceds are paid iu connection with damage to,or t6e taking of,the Pioperty,Borrower shall be responsible fo�repai�ing or restoring the Property only if L,ender has rcleased proceeds for such purposes. I.cnder may disburse procceds for the repairs and restoration in a single payment or in a series of progress payments as the�vork is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relicved of Borzower's obligation for the completion of such rcpair or restoratiw, Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause,Lender may inspect the interior of the imptovements on the Property. Lender shall givc Borrowcr �otiee at thc time of oc prior to such an interior inspection specifyiug such�easonable cause. 8. Borrowe►'8 LoenApplicatian.Borrowcr shall be in default if, dtving the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledgc or consent gave materially false,misleading, or inaccurate information or statements to Lender(or failed to provide Lender with material information)in conncction with the Loan. Material representations include,but aze not limited to,representations concerniug Borrower's occupancy of the Property as Borrower s principxl residenee. 9. ProtectionofLender'slnterestinthePropertyandRightsUnderthisSecuritylnstrument.[f(a) Boaower fails to perform the covenants and agreements contained in this Security Instrument,(b)there is a legal proceeding tha[might signiCicantly affect Lendcr's interest in the Property and/or rights under this Security Instrument(such as a proceeding in bankruptcy,probate,for condemnation or forfeihtre, for enforcement of a lien which may attain priority over this Security Instrument or to enforcc laws or regulations),or(c)Borrower has abandoned the Property,then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and nghts under this Security Instrumcnt including protecting and/or assessing t6e value of the Property,and sectving and/or repairing the Property. Lender s actions can include,but are not I'vnited to: (a)paying any sums securcd by a lien which has priority over this Security Instrument; (b)appearing in court;and(c)paying reasonable attomcys' fees to protect its interest in the Property and/or rights nnder this Security Instrument, including its secuxed position in a bankrnptcy proceeding. Securi¢g the Property includes,but is not limi[ed to, entering the Property to make repaus,change locks,replace or board up doors and windows,drain water from pipcs, climinate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Sedion 9,Lender does not have to do so and is not under any duty or obtigation [o do so.It is agreed that Lender incurs no liability for not Taking any vr all actions authorized under this Section 9. NE6RASKASingle Family-Fannie AAaMFreatlie Mac IINIFORM INSTRUMENT WITH MERS Form 302811�1 VMP� VMP6A(NE)(1105).DO Wolleis Kluwer Financial Services Page 8 0/1] II I I�IIII I I�II I III'I�I'II�II I III I I I I I III I I III q03310280489 0233 345 0817