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2� 15�8599 Borrotiver}under all insurance policies coverin�t�e Property, in�ofar as such rrghts are applicable to the ca�erage af the Property, Lender rnay use the insurance proceeds either to repair�r resto�e the P�operty or to pay amounts unpaid under the Note ar this Seeur�ty Instrument,whether or not�hen due. C. �ccupancy.Borrower sha11 pccupy, establish, and use the Property as$orrower's principa�residen�e within 6�days af��r the execution of�his Security Instrument an�sha11 continue to occupy the Prnper�y as B�rrov�er's principal r�sidence for at least one year after�he date af occupancy, unless Lenc�er �etermines that this requirement sha11 cause undue hardsh�p for the Bvrrower or unless extenuating cir�uxnsta.nces exist�vhich are beyond Bo�-rower's control. 7. Preservation,�lla�ntenanceand Pr��ectionof the Pr�operty;Inspecti�ns.Borrflwer sha1�not des�roy,damage or impair the Praperty, allow the Property to deteriarate or commit�waste on the Propert�. Borra�ver sha��r�aintain the Property in v�'der to prevent the Property from deteriorating�r decreasing in value due to its condition. Un�ess it is determ�ned pursuant to Sectian 5 that re�air�r restoration is not economically feasible, Borrovver sha1�promptiy repair th�Property if damaged to avoid fur�her de�eriaration or dama�e. If xnsurance or condetnna�ion proc�eds are paid�n,connection with damage to the Property,�orrower sha��b�e r�sponsible for repairing ar restoring the Property only �f Lender has released proceeds for such purposes. Lender may disburse proceeds for the repau-s and restoration in a singie payment or�n a series of progress payme�ts as the work is�omp�eted. If the ins�rar��e or condemnation pracee�s are not suffic�ent to repair pr restare the Property, Borrovver is na� re�ie�ed af Borrower's obligation for the completion of such repair or res�oratian. If condemnation proce�ds are paid in Gonnection with the ta�ing of the p��pert�r,Lender sha11 app��s�.ch proceeds to the reduction of the indebtedness under the Note and this Security�nstrument, first to any delinquent amounts,and th�n to payment of pr�ncipal. Any application of the proceeds to the prinGipal sha�l not extend or postpone th�due date of the mQ�.th�y payments or change the amaunt af such payments. Lender or its agent may make reas�nabte entries up�n and inspections af the Property. If it has reasonabie cause, Lender may inspect the interior of the impro�emen�s on the Property. L�nder sha��give ��rrower natice at the time of or prior to such an�nterior inspection specifying such reasonable cause. 8. Borrower`s Loan Application.Borrow�r sha1l be in defau�t if, dur�ng the Loan applicatian process, Borrowver or any persons or entitxes acting at the direction of Borrower or with Borrower`s know�edge or consent ga�e materia��y false, mis�eading, or inaccura�e information or statements to Lender�or failed to pra�ide Lender�ith mater�al�nfarxna��on}in�onnectioa with the Loan. Materiai representa.tions inc�ude, b�t are not Iimi�ed to,representations concernin��arrower's occupancy of the Property as Borrower's princ�pal res�dence. 9. Prvtect�onof Lender's lnterest in the Prv��e�yand R�ghts under this Security�nstrument.�f (a}Borrower fails to perform the cavenants and agreemen�s�ontaYned in this Security Ins�rument, �b) there is a legal proceed�ng tha�mig�t signif cantly affeet Lender's int�rest in�he Property andlar rights u�der this Sectu'ity Instrument�such as a pro�eeding in barlkru.pt�y,probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce �aws or regulations},or�c}Borrower has abandoned the Property,then Lender may do and pay for vvhatever is reasonabie or apprapriate to protect Lender's interest in the Property and rights under this Security Instrument, inc�uding prote�ting andlor assessing the�a�ue af the P�oper�, and securing andlor repairing the Property. Lender's actions can include, but are no��mited to: (a)paying any sums secured �HA deed o#Tru�t W�t4�MERS-NE 913�i2044 Bankers Systems�M VIVIP� VMP4N(NE}�154fi}_�4 Wolters Ki�wer Financia!Senrices Page$af 1� q03348956�7� fl233 3�� 817