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. <br /> ��15�58�4 <br /> . <br /> �. �ccupancy. Borrower shali occupy, es#ablish, and use the Property as Borro�rer's principai re�idence <br /> within GO days after the execution of this Security Instrurnent and shal�cantinue to occupy the Praperty as <br /> Barrower's principal residence for at least one year after the date of occupan�y, unless Lender atherwise <br /> agrees in writing, which consen�shali not be unreasanab�y withheld, or unless extenuating circumstances . <br /> exist which are beyond Barrawer's control. <br /> 7. Rreservatian, ll�aintenance and Pratection of#he �roperty; Inspections. Borrower shall not destroy, <br /> darnage or impair the Property, a�law the Property ta de�eriorate or commit waste on the Pxoper�y. V�hether <br /> or not Borrawer is residing in the Property, Borrower sha11 mainta�n the Property in order to prevent the <br /> Prape�ty from deteriorating ar decreasing in�a�ue due to its condition. LTnless �t is determined pursuant to <br /> SectYon 5 that repaxr ar restvration is not e�onomi�ally feasible, Borrower shall promptiy repair�he Property � <br /> if damaged to aWozd further de�erioration or damage. If insurance or candemnatian praceeds are paid in <br /> cannectian with damage to, ❑r�he taking af, the Prop�rty, Borrower shall be responsibie for repairing ar <br /> restaring the Property vnly if Lender has reIeased proceeds for such purposes. Lender may disburse proceeds <br /> for�he repairs and restoration in a single payment or in a series❑f pr�gr�ss payments as the vvark is <br /> completed. If the insurance or condemnafion proc�eds are nat sufficient tv�repair or restore the Property, <br /> Borr�wer is not relieved of Barrower's obliga�ion for the completinn af such repair or restaration. <br /> � <br /> - Lender or its agent may make reasonable entries upan and inspections of the Property. If it has reasonable <br /> cause, Lender znay inspect the interior of the impra�ements an the Proper�. Lend�r shall give Borrower, <br /> nQtice at the time of or prior to such an interior insp�ction specifying such reasonable cause. <br /> � $. Barrawer's Laan App[icatian. Borrawer shali be in default if, during the Loan applicatian process, <br /> Barrovver or any persons or entities acting at the direction of Borrower ar with Bnrrawer's knowledge or <br /> consent ga�e materiat�y false, misleading, or inaccurate inforinativn or statements ta Lender�or failed t� <br /> pro�ride Lender with mat�rial information}in connec�ion v�rith the Loan. Material representations inciude, but <br /> are not limited to, representations concerning Borrower's occupancy of the Praperty as Barrower's principal <br /> r�sidence, <br /> � 9. Protecfion of Lender's �nteres# in #he�roperty and Rights Under fhis Security lnstrument. If�a� . <br /> Borrower fails to perform the c��enants and agreemen�s cantained�n this Security Instrument, (b}�here is a <br /> legal pr�ceeding that mzght szgnif cantly affect Lender's interest in the Property andlor rights under this <br /> Security Instrument(such as a proceeding in bankruptcy, praba�e, for condemnatian ar farfeiture, for <br /> � <br /> enfarcement of a lien which ma�attain priority a�er this Security Instrument ar to enforce laws or <br /> regulations}, �r�c�Borrower has abandoned the Property, then Lender may do and pay for whateWer is <br /> rea.sonahle�r appropriate to pratec�Lender's interest in the Praper�and righfs under this Securit}� <br /> Ins�rument, including protecting andlor assessing the�alue�f the Property, and securing andlar repairing <br /> the Property. Lender's actions can include, but are nat Iimited ta: (a�paying any sums secured by a lien <br /> which has priority oWer this Security�nstrument; �b}appearing in court; and(c}paying reasonable attarneys' <br /> fees to protect its interest in the Property andlar righ�s under this Se�urity In�trument, including its secured <br /> posi�ion in a bankruptcy praceeding. Securing the Property inciudes, but is not limited to, entering th� ,. <br /> Praperty to make repairs, change locks, replace or board up dvors and windows, drain wa�er fi om pipes, <br /> eliminate building ar other code�iolations or darigeraus G�nditions, and haWe utilities turned on or off. <br /> Althaugh Lender may take actian under this Sec�ion 9, Lender does not ha�e to do so and is not under any <br /> 1 <br /> du�or ab�igatian to do so. Yt is agreed that Lender incurs n❑ liability for not�aking any or a��actions <br /> autharized under this 5ec�ion�. <br /> 15�474689 ��919367�4 <br /> N�BRASKA-5ingle Family-Fannie MaelFreddie Mac UNIF�RM INSTRUiVIENT WITH M�RS Form 3�28 71�1 <br /> WMp� VMP6A�NE}(i 302).DO <br /> Wolters Kluwer Financlal Services Page 8 af'1 l <br /> ,ry <br /> , <br />