Laserfiche WebLink
2� 1 ��23� 1 <br /> �. ���upancy.Borrower sha11 occupy, est��lish, and use�he Property as Borrovver's �r�ncipa�residence <br /> within 6�days after the executian Qf th.is Security Instrument and shal�coati.nue to occupy the I'roperty as <br /> Borr�v�rer's prin�ipal residence for at least one year after the date of oc�upan�y,unless Lender othertivise <br /> agrees in�vriting,which consen�sha11 not b�unr�a�onably withh�td,or unless exten.uating circumstances <br /> ex��t v�rhich are�e��nd B�rrower's control. <br /> 7. Preservation,AAa�ntenan�e and Pro�e�tion of the Praperty;In�p�ctivns.Borrov�er�ha�I not d�s�roy, <br /> damage�r impair the Praperty,a11ow the Property ta d�ter�orate or commit waste on the Froperty. �Vhether <br /> or not Borrower is residing in the Pro�erty,Borrov�er sha�I maintain the Prop�r�y in order to prevent the <br /> Proper�y from deteriorating or decreasing in value due to its cond�tion.Unless it is determined pursuant to <br /> Secti�n S that repa�or restoration is not econom�cal��feasible,Borrower sha11 prarnptly repair th��'rvpert� <br /> �f damaged to a�oid furth�r deteri�ra�ian�r damage. If insurance or condemnation pro�eeds ar�pa�d in <br /> connectivn�vi�h darnage t�,or the taking of,the Prap�rty,Borrawer shat�be responsible for repairing ar <br /> restor�ng the Praperty onl�if Lender has re�eased proceeds f�r such purposes. Lender may disburse proceeds <br /> far th�repairs and restorat�o�in a sing�e paym�nt or in a ser�es of progress payments as the�vark is <br /> completed. If the insuranc�or condemnatian proceeds are n�t suff cient t�repair or restore the Property, <br /> �orrower i�not relieve�c�f I3orrawer`s obligation for the completi�n of such repair or restoration. <br /> I.ender or�ts ag�n�may make reasonable entries upon and inspections of the Praper�y. If�t has reasonable <br /> cause,Lender may�aspect the interior of the improvements an the Property. �.ender sha11 give Borrower <br /> notice at the time of or prior to such an int�rior inspecti�n specifying such reasonable cause. <br /> 8. B�rrower's Loan App��cation.Bvrrower shall be in default if, during the Loan application pracess, <br /> Borro�ver�r any persans or entit�es acting at the direct�on of Barrower or with B�rrower's know�edge or <br /> co�n.sent ga��materiall�r fal�e,misleading,or inaccurate information ar st�tements�o Len.der�ar fa�led to <br /> provid�Lend�r w�th materia�infarmat�on}in connection w��h the Loan. Material representat�ons include,but <br /> are not�irnited to,represent�tions concerning Borrower's occupancy of the Property a�Borrower's principal <br /> resid�nce. <br /> 9. Protectionof Lender's�nterest�n the p�opertyand Rights Under thi��ecurity Instrurnent.�f[a} <br /> �orrower fai�s to perft�rm the ca�enants and agreements contained in this Security Instrument,(b)there is a � <br /> 1ega1 proceeding tha�might s�gnificantly affec�Lender's interest in the property andlar righ�s�.ader this <br /> Securi��n.s�rument�such as�praceeding i�.bankruptcy,probat�, for condemnation or forfeiture, far <br /> �n�orcement of a�ien whic�i rnay attain priority over this�ecurity Instrument or�o enforce lativs or <br /> regulat�ons),or�c]Borro�ver has aband�ned the Pro�er�,then Lender may d�and pay for whatever i� <br /> reaso�able ar a�propriate�a protect Lender's intere�t in the Pr�per�r and rights under this Security <br /> Instrument, including protecting andlor assessing th�value af�he Property,and securing andlor repair�ng <br /> the Property,Lender's act��ns can in.clude,but are aot limit�d to: �a}paying any sums secu.red by a�ien <br /> which has priority over this Secur�ty Instrument;�b}appearing in cour�;and(c}pay�ng reas�nable a�torneys' <br /> fe�s t�protect it,s interest in the P�roperty an.dlor rights under this Secur��Ins�ment, inc�ud�ng its secured <br /> pvsition��a ba�ptcy praceeding. Seeu�.ring the Property includes,bu�is nvt�imited to, �ntering the <br /> Proper�y to make repairs,�hange locks,r�place or board up doors and windaws,draxn�vater fr�m pipes, <br /> eliminate building or other c�de vi�lations�r dangeraus cvn.ditions,and have utilities turned on or aff. <br /> Although Lender may take action under this S�ction 9,L�nder does not have to do so and is not�nder any <br /> duty or obligation to da so.It is agreed�hat Lend�r in�urs nv liab����y for not tal�ing any�r all acti�ns <br /> authorized under this Sec�ion 9. <br /> q�335429�692 UZ33 346 0817 <br /> NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNfF�RM iNSTR[JAAENT WITH MERS Form 3(}28 1I41 <br /> VMP� VMPBA(NE}[1342}.�4 <br /> Walters kCl�wer Financial Services p�g�g o�47 <br />