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��15��5� fi. �ccupancy. Borrower shall occupy, es�ablish, and use th� Property as Borrower's principal residence within 6� days after the execution of this Security Ins�rument and sha11 continue ta occupy the Property as Borrower's principal residence for at least one year after the date af oc�upancy, unless Lender otherwis� agrees in writing, which �onserit sha�i not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservat�on, Maint�nance and Protect�an of the Prvperty; Inspections, Borrovver shal� not des�roy, damage or impair the Property, a�low the Property to deteriorate or commi�waste on the Proper�y. Whether or not Borro�ver is residing in the Property, Borrow�r sha11 maintain the Property in order to pre�ent �h� Prop�rty fr�m det�rioratin� or decreasing in �alu� due to its condition. Unless it is determined pursuant to S�ction 5 that repair or restoration is nat economically feasible, Borrower shall promptly repair the Praperty if damaged to a�oid further d�terioration or damage. If insurance ar condemnation praceeds are paid in connection with damage t�, or the taking of, th� Proper�y, Borrow�r shall be respansible for repairing or restoring th�Property oniy if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a s�ries af progr�ss payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is n�t relie�ed of Borrower's obligation for the completian of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections af the Property. �f i� has reasonable cause, Lender may inspect the interior of th� impro�ements on the Property. Lend�r sha11 gi�e B orrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. B v�'�'fl W e t''s Loan A p p iicati o n. B orrower sha11 be in default if, during the Loan application proce�s, Borr�w�r or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent ga�e materialiy false, misleading, or inaccurate iriformation ar statements ta Lender �or failed ta pro�ide Lender with material information} in connection with the Loan. Mater�al representations include, but are not limited to, representations concerning Borrower's accupancy of the Property as Borrower's principal residence. 9. Prat�ctivn af Lender's Interest in the Property and Rights Under this 5ecurity Instrum�nt. If�a} Borrower fails to perform the covenants and agreemerits contained in this 5ecurity Instrument, �b} there is a le�al proceeding that might significantly affect Lender's interest in the Property andlor rights under this Security Instrument �such as a proceeding in bankruptcy, probate, for candemnation or forfeiture, for enforc�ment of a lien which may attain priority o�er this 5ecurity Instrument or to enforce laws or regulations}, or �c} Borrower ha� abandoned the Property, then Lender may da and pay for whate�er is reasor�able or appropriat� ta protect Lender's interest in the Property and rights under th15 Security Instrument, including protecting andlor ass�ssing the �alue of the Property, and s�curing andlor repairing the Property. Lender's actions can include, but are nnt limited ta: �a} paying any sums secured by a lien which has priority o�er this Security Instrument; �b} appearing in court; and�c}paying reasonable attorneys' fees to protect its interest in the Property andlor rights under this Security Instrument, including its secur�d position in a bankruptcy proceeding. Securing the Property �ncludes, but is not limited to, ent�ring the Property ta make repairs, change locks, replace or board up doors arid windows, drain wat�r from pipes, eliminat� building or other c�de �iolations or dangerous canditions, and ha�e utiliti�s turned on ar off. Although Lender may take action under this Section 9, Lender does nat ha�e to do so and is not under any duty or obligatian to do so. It i� agreed that Lender incurs no liability for not taking any or a11 actions authorized under this Section 9. Qai�24U83a9� C;tibank 3 2 9Q 18 V3 NEBRASKA-Single Family-Fannie MaelFreddie Mac tJNIF�RM 1NSTRUMENT WITH MERS Form 3��8 11�i VMR� VMP6A�NE��13aZy.aD Wo�ters Kluwer F4�anc�al 5ervices Paga S of 17 �' � . � . � � � E