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��14�1557 fi. ��tipanCy. Borrower shal� aecupy`, establ�sh, and use the Praperty as Barrower's principa� resid�nce within 60 days after the execu�ion of�his Security �nstrumen� and shal� con�inue to occupy the Pr�perty as Borr�wer's prin�ipal residence fQr at least one year after tihe date af occupancy, unless Lender otherwis� agr�es in writing, which consent shall not be unreasonabiy withheld, or unless �xtenuating �ircumstan�es exist wh�ch are beyond Borrower's cantro�. � 7. Pre9ervat ion, M aint enan� and Prot�ct i�rr of t h� F�r�per�y; !nspe�t ions. B�rrower shall not destxoy, damage or impair �he Prap�rty, a�1ow the Proper�y to det�riorate �r comrn�t waste on the Fr�perty. �Vhether or not Borrflwer �s residing in the Praperty, B�rrfl�ver sha�� maintain �he Prop�rty in order t� pre�ent the Propert� from deter�orating or decreasing in �a�ue due tc� �ts condition. UnleSs it is deternuned pursuant to Se�tion 5 that repair or r�storatian is n�t ecvnomica��y feasible, Barrower shall promptly repair th�Property if damaged to a�aid further det�rioration or damage. If insurance or c�ndemnation pro�eeds are paid in connection with damag� to, or the taking of, th� Property, Barrower shal� be responsible for repairing or restor�ng the Property on�y if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repa�rs and restoration in a sing�e paymer�t or in a series of progress payment5 as the vvork is completed. If the insurance or candemnation proceeds are not sufficient to repair or restore the Prop�rt�, Borrovver is not relie�ed of Barr�wer's n�ligation fvr the c�mpletion of such repair Qr restoration. Lender or its agent may make reason�bl� entries upan and inspections of the Pro�er�y. If it has r�asonab�e cause, Lend�r may inspect the interivr af the impra�ements on the Property. Lender shall gi�e B�rrower natxce at th�time of flr priar to such an in�eri�r rnsp�ction specifying such reasanable�ause. 8. Bor�Vv��''5 L+van A�piieat ion. Borrow�r shail be in defauit if, during the Laan application pracess, Borrower or any persvns or entities acting at the direction af Borrower ar with I��rrower's knowledge or consent ga�e material�y fa�se, m�sleading, or inaccura�e �nformation or statemen�s to Lender �ar fa�led to pro�ide Lender with material information} in eonnection v�ith th�Loan. Mater�al r�presenta�ions include, but are not limited to, representations concerning Borrow�r's occupancy of the Prop�rt� as Borrower's principa� res�den�e. 9. Protection of L►ender's Interest �n �he Property and Rights Under th�s Se�ur�ty �ns#rument. If�a} Borrower fails to perform�he co�enants and agr�ements cflntained in this Security Insfirument, �b) there is a l�gal proceeding that might signifieant�y affect Le�der's interes� in the Property andl�r rights under this Security Instrument (su�:h as a proceeding in bankruptcy, probate, far eandemnation ar fvrfeiture, for enforcement of a lien whieh may at�ain priorit� o�er this Security Ins�rum�nt or to enforce �avvs or regula�ions}, or (c} Borrflu�er has ab�ndoned the Propert�, then Lender may do and pay far whate�er is reasonabl� or appr�pria� to protect Lender's intere�t in the Property and rights und�r th�s Security Instrument, including protec�ing andlor assessing the �aiue of the Property, and securing andlor repairing the Propert�. Lend�r's actians can inc�ude, but are na� �imited to: �a} pa�ing any sums se�ured by a lien wh�ch has priority aver this Security Instrument; �b� appear�ng in court; and�c}paying reasonable attnr��ys' fees ta prot�ct its �nterest in the Prop�rty andlar rights und�r this Security Instrument, including its secured pasi�ion in a bankruptcy proceeding. S�curing the PrQpert�r includes, but is n�t Iimited to, entering the Praperty to make repair.s, change lacks, r�place ar board up doors and windows, drain water from pipes, eiimina�e building ar ather cade ��o�ations or dangerous eonditions, and ha�e utilities �urned on ar �ff. Although Lender may take actian under �his Section �, Lender does nat ha�e to da so and is nvt under any duty ar abligation to do so. It is agreed that Lerider incurs nQ liabilxty far no� taking an� or a�l actions authorized under this Sectian 9. a01123Bfifi994 [D011238BB�94] NEBRASI{A-5ingle Family-Far�nie MaelFreddie Mac�NiF[�RM IMSTRUMENT WITH MERS Farm 3028�fp1 VMP� VMPfiA�NE��1342}.DQ 1Nolters Kluwer Fnancial SeNices Page 8 of�7