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��14��34 5. 4tcupancy. B�rr�wer shall occupy, �stablish, and use th� Pr�perty as Borrower's principal residence �vithin 5� days after the execution of this Se�urity�nstrument and shall �ontinue tn o��upy the P��perty as Borrower's principal residen�e for at lea�t one year after the date of o��upancy, unle�s L�nder o�h�rwise agre�s in writing. whi�h consent shal! not be unreasanahly withheld, vr unless �xtenuating �ir�umstan�e� �][f5t whiCh a�'e�ey4nd B�r�Uw�r'S C�ntrvl. 7. P�esen►ati�n. Maintenan�e an� Prate�tian vf the Property; Inspe�tivns. Borrower shall no�destroy. damage or impair th� Praperty. a�low the Pr�perty to deterioratQ or commi�waste on �he Prgperty. Whether or nat Borrower is resid�ng in the Prflperty. Borrower shall rnaintain the Pr�perty in order to prevent the Pr�perty fr�rn detQriorating or �ecreasing in �alue due to its �onditi�n. Unless it is d�termin�d �ursuant to 5e�ti�n 5 that repair�r restaration �s not ecvnomically feasihle, Borrower shall promptly repair�he Pr�perty if damaged to avoid further d�teriorati4n or damage, If insurance or tondemnatian pr��eeds are paid in �onne�ion with damage to. or th� �ak�ng vf. th� Property, Borrawer shall be responsib�e for repairing or restoring the Property�niy �f Lender has released pro�eeds for such purpvses. Lender rnay disburse pr�teeds fvr the repairs and restorati�n in a singl� payment or in a series of progress payments as the wo�k i5 completed. If the insurante or �ondemnation pro�eed5 are n�t sufficient to repair or restore the Property, Borrawer is not relie�ed of Borr�wer's a�iigation f�r the Completian of su�h r�pair or res�arat�on, �ender or �ts agent may rnake reasonab�� entr�es up�n and inspection5 of the Pr�pe�ty. If it has reasanable tause. Lend�r may inspect the interior of the improvemen�s on the Pr�perty. Lender shall gi�� Borrower noti�e at the ti�ne of or pri�r t� such an interior inspecti�n spe�ifying such reasonable cau�e. 8. Barrower's �aan Appli�ation. Borrower shall be in default if. during the �oan applicati�n pro�ess, Borrower or any pe�sons or entities acting at the dire�tivn of B�rrovrrer �r with Borrv►nrer's knawledge or �onsent ga�e materia��y fa�se. m islead rng, or i naccu rate i nformation or staternents to �end�r �a r fai led to pra�ide ��nd�r with material inf�rmation� �n cannecti�n with the Loan, Material representati�ns in�lude. bu# are not I im�t�d to, representatia ns�on�ern i ng B�rrowpr'�o��u pancy�f the Property as Borrawer's pri nci pal residQnce. 9. Protectian �f �ender's Inter�st in the Praperty and Rights Under this Security Instrument. If�a} Borr�wer fails to perform the c�v�nants and agreemen�s containe� in th�s 5e�urity Instrument. �b}there is a legal pr�ceeding that rnight s�gnifi�antly affe�# �ender'� interest in #he Property andlor rights under this 5e�urity Instrument (such as a proce�ding in bankrupt�y, probate, f�r �on�emnat�on or farfeiture, for enforcement of a I�en whi�h may attain priority over this 5ecurity Instrument or to enf�rce laws or regulat��ns}, or {�� Borr�wer has aband�ned the Praperty, then �ender �nay do and pay f�r whate�er is reasonable or appropriate to prote�t �ender's int�re5t in the Property and rights under thi5 Security In�trument. including prote�ting andlor assessing the value of the Property, and securing andlor repa�ring the Property. �end�r's acti�ns can inelude. hut are not lirnited to: �a� paying any sums secured by a lien whi�h has priori�y aver this Security Instrument; �b�appearing�n caurt; and�c� paying reasonable attorney5' fees to protect its interest in the Pr�perty andl�r rights under�his 5eturity Instrument. �neluding its 5ecured positi�n in a bankruptcy pro�eeding, Se�uring the Praperty ineludes. hut �s n�t ��rnited �o, entering the Property ta make repairsr �hange loclfs, replace or b�ard wp d�ors and w�ndaws, drain wa#er from pipes. eiiminate build�ng or oth�r code v�olationS or dangeraus �onditions, and ha�e u�iliti�s turned on or off. Alth�ugh Lend�r may take action under this 5e�ti�n 9, L�nd�r d�es not have to dv s� and is not under any duty or ohfigatian ta do so. It is agreed that Lender �n�urs no liabili�y for not taking any �r ali acti�ns auth�rized und�r�his S��t��n 9. 0�1123984635 Citibank 3.�.84.D7 Y2 NEBRASKA3ing�e Famifyfannle MaelFreddie Mac�NIFDRM INSTRUMENT WITH MERS Fvrm 30�8 1109 VMP� VMPfiA[NE}{130�).QO Wniters Kluwer Fir�andal Servi�es �age 8 af 17 • � �