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2� 1 �� 1112 Barrawer�under a11 in�urance policies covering the Property, insofar as such rights are app��Gab1�to the c�verage of t�.�P�roperty. Lender rnay use the insuranc�proceeds either to r�pair ar restore the 1'roperty or to pa�r am�unts unpaid under th�Note ar this Sectuity Instrument,�vhether or not�hen due. C. �c�up�n�y.�orrav�rer shal�occupy, establish, and us�the Property as Borrower's principai residence within 6�tlays a�er the execution Qf this Securi�y Instrum�nt and sha11 continue to occupy the Proper�y as Borrower's princ�pal residence for at least ane year aft�r the date of vccupancy,untess Lender determines th�t thi�requ�reme�t sha11 cause undue hardship for�he�ono�er or unless ex�enuating circumstances exist which are beyond Bvrro�rer's c�n�rol. 7. P�eservation,Ma�ntenance and Protection of the Propert�;�n�p�ctivns.Baxro�uer sha�1 not destroy,damag�ar impair th�Property,allo�v the I�roperty to deteriorate or commit waste on the Property. Bnrrower sha11 maintain�he Property in arder to prevent the Pr�perty from deteriorating or decreasir�g in value due to i�s condition.Unless it is determined pursuant to �ection S that repa�.r or restoratian is not economically feasib�e,Bonower shal�promptly repair the Property if damaged to avoid fuarther deterioration or damage. If insurance or condemnation proceeds are paid in co�n.ection with damage to the Pro�erty,Borrower sha11 be responsible for repairxng or res�oring the Proper�y only if Lender has rel�ased proceeds for such purp�ses. Lender may disburse proceeds for the repairs and restorat�on�n a s��.g�e payment or�n a�eries of pro�ress payments as t�ae�vork is�o3rn�leted. If t�e insurance or condemn.ation proceeds are not sufficxent to repau or restore the Proper�y,Barrower is not relie�ed of Barrower's obligation far the c�rnpletion of such repair or restoration. �f condemnation proceeds are paid in cont�ection with the tal��ng af the prope�ty,Lender sha11 appl�such proceeds to the reduct��n of the indebtedness under the l�ote and this Security Instru�ment, fir�t to any delinquent amounts,and then to pa�ment of principa�.Any application of the praceeds�o the principal sha�l not extend or postpon�the due date af th�monthly payments or char�g�the amount of such payments, Lender ar its agent may make reasonable�ntries upon and inspections of the Prop�r�r.If it has reasonable c�use,Lender may inspect th�interior of the improvement�on the Property. Lender shal�give Borrower notiGe at the time�f or prior to such an�n�erior�nspection specifying such reasonable cause. 8. Borrower's Loan Ap�licat�on.Borrower sha11 be in defau�t if, �uring the L,oan application pr�cess, �orrower or an�r persons or entit��s acting at the direction af Borro�ver or with Borrawer's knowledge or consent ga�e materially false,misleading,or inaccurate information or s�atements to Lender�or failed to prov�de Lender with material information�in eonnection with the Loan. Material representatians in�lude, but are not limited to,representa.tions canceming$orrower's occupancy of the Property as Borrower's principal residen�e. 9. Protectionof Lender's Interest in th�Propertyand Rights Under this Security Instrument,�f (a}Borrower fai�s�o perfarm�he covenants and agreement�cQn.tain�d in�his�ecuri.ty�ns�rument, (b) ther�is a 1ega1 praceeding that m�ght signif�cantly affect Lender's interest in the Property andior rights under this Secur�ty Instrument(such as a proceeding in bankruptcy,probate, for condemnatian or forfeiture, for enforcemeat�f a lien which may attain priority aver this Securi�Instrument ar to enforce laws or regu�ations},or�c)Borrower has abandoned the Property,then Lender may do and pay for whatever is reasonable or appropriate to pratect Lender's interest in the Property and r�ghts under this S�curity Instrument, in�luding protecting andlor assessing the value of th�Property,and securing andlor repairing the Property. Lender's actions can inGlude,but are not li�ni�ed to: �a)paying any sums secured FHA Deed af Trust Wit�MERS-NE 9134f2414 Ban�Cer�5ystemsT�" VMP� VMP4N(NE}[150fi}.44 iNolte�Kl�nrer Financial Services Page 8 of 17 qa33519G5385 �233 Z8� �817