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� ��14�515� <br /> s. Qccupan�y.Borrower shal�occupy, establxsh, and use the Praperty as Borravver's pr�ncipal residence <br /> w�thin�4 days after the executifln of this Security Instrument and shall cantinu�to occupy the Pro�ert�as <br /> Borrower's principal r�sidence for at least or��year af�er the date of occupancy,unless Lender otherwise <br /> agrees in�vriting,which consent shall not be unreasonab�y�v�thheld,�r unless extenuatin�circumstances <br /> exist vv�ich ar�be��nd Borrower's contro�. <br /> 7. Preservation,Maintenan�eand Protectivnof the Property;Inspections.Barrower shall not destroy, <br /> dan�age�r irnpair the Property,allow the Property to deteriorate or commit waste on the Propert�. �hether <br /> or not B�rrower is residing in the Property,Borrower sha1�main#ain the Frop�rty in order t�prevent the <br /> Property fram deteriora��ng or d�creasing in value due to its condi�ion.Un1�ss it is determined pursuan��o <br /> Sect�on S that re�air or restoratiQn is not economically feasible3 Borrower sha11 promptly repair the Froperty <br /> if damaged to avoid further deterioratron or damage. If insurance or condemnation proce�ds are paid in <br /> connection with damage to,or the taking of,the Property��arro�ver shall be responsible for repairing or <br /> restoring the Prop�rty anly if Len.der has released proceeds for such purposes. Lender may disburse proceeds <br /> for the repairs and restoration in a single payment or�a a series af pr�gress payments as the work is <br /> � comple�ed. If the insurance or condemna�ion�raceeds are nat sufficient to repair or restore the Froperty, <br /> B�rrower is no�relieved of Borrower's o��igat�on for the campletron of such repair�r res�oration. <br /> Lend�r or its agent may make r�asonable entries upon�nd inspectians of the Property. If it has reasonab�e <br /> cause,Lender may inspect the interior of the improvements on the Property. I�ender sha11 gi�e Barrow�r <br /> notice a�#he time of or prior to such an�nterior inspection speeifying such reasonable cause. <br /> 8. Bo�r�wer's Loan A�aplication.�orrower sha��be in default if, during the L,aan agplication process, <br /> Borrower or any persons or ent�ties acting at th�direction of Borrawer or`uith Borro�v�r's 1�nov�r�edge flr <br /> consent ga�e materially false,misleading,or inaccurate information ar s�atements to Lender(or failed to <br /> pr�vide Leader with material information) in conunection with�he L�an. 1Vlat�rial representations�nclude,but <br /> are not limited to,representation�concern.i�g Barra�ver's occupancy of the Property as Borrower's principal <br /> residence, <br /> �. Prvtectivnof Lender's Interest in the Propertyand Rights Und�r t�is Security Instrument.If(a} <br /> Borrower fai�s��perform the co�enants and agreements contained in this Security Instrument, (b}there is a <br /> lega�proceeding tha�might significant��affect Lender's interest in the Property andlar r�ghts under this <br /> Security Instrument�such as a proceeding in�bant�ruptcy,probate, for condemna�ion flr forf�itu.re,for <br /> enforcem�nt�f a 1i�n which may a�ain pri�rity over this Security Instrument or to enforce laws or <br /> regulations�,or(c�Borrower has abandoned th�Property,then Lender may do and pay far wha�te�er is <br /> reasonable or ap�ropriate t�protect Lender's int�rest in the Propert�and righ�s under this Security <br /> Instrument, inc�udi�g protectin�andlor asse�s�ng the�a1ue of�he Property,and secu.ring andlor repairing <br /> the Pr�perty. Lender's actions can include,but are not limited to: �a}paying any sum�secured by a lien <br /> �hich ha�priority aver�his S�curity Instrument;�b)appearing in court;an�.(c}paying reasonab�e attomeys' <br /> fe�s to protect its interest in the Property andlor rights under this Security Ins�rument, including its secured <br /> pos�t�on�n a bankruptc��arocee��ng. Securing the Property ianc�udes,b�at is na�limit�d to, entering the <br /> Froper�to make repairs,change locks,replace or board up dovrs and windows�drain vva�er from pipes, <br /> eliminate building or ather Gode viola��ons or dangerous conditions,and have u�i�ities�rned on or off. <br /> Althaugh Lender may tak�action under this Sec��on 9,Lend�r does not have to do so and is nc�t under any <br /> duty or obli�ation to do st�.It is agreed that Lender incurs na liability for not taking any or all actians <br /> authorized under this Section 9. <br /> q�3333��2497 �233 258 �817 <br /> NEBRASKA-Single Family-Fannie MaelFr�eddie Mac UN�FQRM lNSTRLIMENT W�TH MERS Form 3U28 1I�1 <br /> VMP� VMPBA[NE}(13�2}.44 <br /> Woiters Kluwer Fin�ncial Senrices Page 8 of 17 <br />