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2� 1 ��2�� are applicable to the c��erage of the Proper�y. Lender may use the insurance proceed�either to repair ar restore the Property or ta pay amounts unpaid under the Note�r this Security Instrum�nt, wheth�r or nat then due. 5. �ccupancy. Borr�w�r shall nccupy, establi sh, and use �he Property as BorrovWer's principal residence with�n 6�days after�he execution of�his Security Instrument and shall con�inue�o accupy the Property as B�rrower's principal residence for at least one year after�he date of occupancy, unless Lender otherwise agrees in writi.ng, which consent shall no�be unreasonably withheld, ar unless extenuating circumstances ex�st wh�ch are beyond Borrower's con�rol. 7. Preser-�atson, Ma�ntenance and Protection uf the Property; Inspe�tions. Borrower shall not des�roy, damage�r impair the Property, allaw the Proper�y to deter�vrate or commi�was�e on the Property. �Vhe�her ar not Borrower is residing in the Property, Borrvwer shall main�ain the Propert}� in order to pr�Wen�the Property from deteriorating or decreasing in�alue due�o its condition. Un��ss it is deter�nined pursuan�to Section 5 that repair or restarati�n is not ecanamically feasible, BorrovWer shail pr�mptly repair the Prapert}� if damaged�o a�aid further deteriora�ion or damage. If insurance vr�ondemnati�n proceeds are paid�n c�nnection with damage tv, or rhe taking of, �he Property, Borrower shall be responsible f�.r repairing or restaring the Property only zf Lender has released proceeds for�uch purposes. Leri�er rnay disburse pr�ceeds for the repairs and restora�ion in a single paymen�or in a series of progress payments as the work is completed. If the�nsurance or condemnatian proceeds are not sufficien� to repair or restore the Praperty, Borrower is not relie�ed o�Barrower's obligation for the completion af such repair ar restaratian. � Lender ar its agent may ma�e reasonable entries upon and inspections of the Property. �f it has reasonab�e cause, Lender may inspect the interior of the improvements on�he Property. Lender shall g�ve Borrower notice at#he time of ar priar to such an interior inspection specifying such reasonable cause. S. Borrower's Loan Application. B�rrovWer shall be in defau�t �f, during the L�an application process, Borrow�r or any pers�ns�r entities acting at the directifln of Borrower or vWith Borrower's know�edge or consent gave materially false, misleading, or inaccurate informa�ion or sta��ments to Lender �or failed to provide Lender with material xnformation} in c�nnectian with the Loan. Material representatians include, but are not Iimited to, represen�a�ions concerning Barr�vWer's occupancy of the Property as Borrawer's pr�nc�pal residence. 9. Protection of Lender's Interest in the Property and R�ghts Under this Security In�trurnent. If�a} Borraw�r fai�s to p�rform the co�enan�s and agreements contained in this Security Instrurnent, �b) there is a lega� pro�eeding that might s�gnif cantly affect Lender's interest in the Property andlor rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, fvr enforcernen�of a�ien wh�ch may attain priarity over th�s Security Instrument or to enfarce laws or regulati�ns), or (c} Borrower has ahandoned the Prapert}�, then Lender xna� do and pay for whate�er is reasonable or appropriate�o protect Lender's interest in the Praperty and rights under this Se�urity�nstrument, including pro�e��ing andl�r assessing fhe�a1ue of the Prop�rty, and securing andlar repairing the Property. Lender's actions can include, but are no��vnited to: �a}paying any sums secured by a lien vWhich has priority o�er this Securiry ins�rumen�; �b� appearing in cour�; and�c�paying reasonabte aitarneys' fees�a protect its interest in the Froperty andlor rights under this Security�nstrument, includYng its se�ured positian in a bankruptcy proceeding. Securing the Property includes, but is not limited t�, entering the Pr�perty�� � make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code�iolations or danger�us conditians, and ha�e u�ili�ies turned on ar aff. Although Lender may take action under this Sec�ian 9, Lender does not ha�e to do so and�s no�under any duty or obligatian to d�sa. I�is agreed that Lender incurs no liability for not tal�ing any or all actions au�horized under this 5ec�ion 9. Any arn�unts disbursed by Lender under�his Sect�an 9 shall become additional debt of Borrawer secured by this Se�urity �nstrument. These am�unts shall bear interest at the Nate rate from the da�e of disbursement and sha11 be payable, with such interest, upon na�ice fr�rn Lender to Borrovver requesting paymen�. If this Security Instrument is on a leasehold, B�rrawer shall comp�y with a11 �he pro�is�ons of the lease. Borrower shall not surrender tihe leasehold estate and interests herein conveyed or term�nate or cancel the ground lease. Barrower shali nvt, without the express written consent af Lender, alter or amend the ground lease. If Borrawer acquires fee tit�e�o the Property, the leasehold and�he fee title sha�l naf rnerge un�ess Lender agrees to�he merger in writing. - NEBRASKA-Single FamEty-UNIFORNi INSTRUMENT Dacl�l�glc M0�31 FI E� FaR ❑EPARTMENT DF V ETERANS AFFAI RS - IUIERS www.dvcmagic.com tRev. 11��} Page 7 of 14 . . E ■� ■