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��14�5751 fi. �ccupancy. Borrovver sha11 occupy, estahlish, and use the Property as Borrawer's principal residence wi�hin fi0 days after the executian of this Secur�ty Instrument and shall cantinue tv accupy �he Prop�rty as Borrawer's principal residence for at 1�ast one year after the da�e of occupancy, unless Lender vth�rwise agrees in writing, which cvnsent sha11 not be unreasonab�y withheld, ar unless ex#enuating circumstances exist�vhich are beyond Barrower's control. 7. Pr�ser►ratian, Maintenance and Prot�ct�on of the Property; Inspections. BDrrQWer ShaII n�t de5trvy, damage or impair the Property, allaw the Praperty ta deteriorat�ar commit waste�n the Property. Whether or n�t Barrower is residing in the Prvperty, Borrovver sha11 maintain �he Proper�y �n order ta pre�ent the Prop�r�y from deteriorating or decreasing in �a1ue duQ t� its condition. Unl�ss it is determined pursuant to 5ection 5 that r�pair vr res#nrativn is not economically feasibl�, BarravW�r shall pramptly repair the Property if damaged �o avoid further deterioration or damage. If insurance or candemnativn proceeds �re paid in connection with damage to, ar the taking vf, the Praperty, Bar�vwer sha11 be responsible fvr repairing or restor�ng the Prvperty only if Lender has r�leased proc�eds for such purposes. L�nder may disburs�praceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is c�mpieted. if�he insuranc� or condemnativn prviceeds ar� not suf#icient ta repair or restar� the Property, Borrawer is not re�ie�ed of Barrower's obligat�on for the campletion❑f such repair or restoration. Lender or its agen� may mak� reasonahle entries upon and inspec�ions of the Praperty. �f it has reasonable cause, L�nder may inspQct the in�eriar of the imprfl�ements on the Property. Lender sha11 give Borrow�r notice at�he time❑f or priar to such an interior inspectian specif�ing such reasonahle cause. 8. Borrower's Loan App�ication. Barrawer shal� be in default if, during the Loan appiication process, Borrawer or any persons or entiti�s ac�ing at the d�rectian of Borrower or with Borrower's knawledgQ ar consent ga�e materially false, misieading, nr inaccurate infarmation ar statements ta Lender �or faiied tn pro�ide Lend�r with material information} in connection w�th the Laan. Ma#erial repres�ntations inc�ude, but are nvt 1im��ed to, rQpresen�ations concerning BorrovWer's occupancy of the Property as Borrower's princ�pal residenc�. 9. Pr�tect�on of Lend�r's Int�res# �n the Praperty and Rights Under this 5ecurity instrument. If�a} Borrow�r fails ta perform#he ca�enants and agreements contained in this 5ecurity Instrument, (h} there i5 a legal proceeding that might significantly affect Lender's interest �n the Praper�y andlor rights undQr this Securi�� Instrument �such as a praceed�ng �n bankruptcy, prabate, for condemna#inn or forfeitur�, for enforcement �f a Iien which may attain priarity ov�r th�s Security Instrument or to enfarce laws or regu�ations}, ar �c� Sorrower has abandvned the Property, then Lender may do and pay far vvha#e�er is reasonable or appropriatQ tv pratec� Lender's interest in the Prop�r�y and rights under this Security Instrument, including protecting andlar assessing the �alue vf the Pruper�y, and sQcuring andlor repairing the Praperty. Lender's actians can include, buf are nnt limit�d to: (a} paying any sums secured by a lien which has priority nver this 5ecurity Instrumen�; (b} appearing�n court; and �c} paying r�asonable attorneys' fees t� protec�its interest in the Prvp�rty andlar rights under th�s Securit�Instrument, including its secured position in a bankruptcy praceeding. 5ecuring the Prnperty includes, but �s not iimited �a, entering the Pr�pQrty to make repairs, change lacks, replace or board up daors and �vindows, drain water frvm pipes, eliminate building or vther cade �ialations or dangerous condi�ions, and ha�e ut�lities turned on or ❑ff. Although Lender may take actian under thxs Section 9, Lender does not have iv do so and is nat under any duty vr obligation to do so. I� is agrQed �hat Lender �ncurs no liability for not taking any ❑r a�l actians authoriz�d under this Section 9. D01'f 2394017 5 Cit�bank 3 2.83 19 V2 N�BRA51tA-5ingle�am�ly-Fann�e MaelFreddie Ma�UN�F�RM INSTRUMENT WITH MERS Form 3Q�8 71U7 VMP� VMPfiA(NE)�13Q2)QQ Wolters�Cluwer Financ�al S�vi�es Pa�e 8 Qf'17