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2� 1 ��5�52 Borrawer�under a�l insuran�e policies cavering the Praperty, �nsofar as such rights are applicable to the ca�erage af the Property. Lender may use the insuranc�proceeds e��her�a repair ar restor�the Praperty or to pay amaunts unpaid under the Note or this Secur�t��n.strumen.�,whether or nat then due. �. C3��u pan�y.$�rrower sha��occupy, establish., and use the Proper�as Bor�rower's princ�pal resi�ence w�thin��days after the ex�cutian of this Security Instrument an�i sha11 continue to occupy the Property as�orrower's principal residence for at least one}��ar a#�er the date of accupancy,unles�L�nder de�ermines that this requirement sha�I cause undue ha,rdsh�p for the Borro�ver or unless ex�enuating cucumstan��s exist which are beyand Borrower's con�rol. �. Preservat�on,IlAaintenanc�ar�d Protectionof#he P�vperty;Inspections.Borrower shalt not destroy,damage or impair the Property,allo�v the Property to deteriora�e or commit waste on the Property. Borrov��r sha11 maintain the Pr�perty in�rder to prevent the Proper�y from deteriora�ing ar d�creasing in value due to its condition.Unl�ss it is determined pursuant t� Sect��n S that repair or restoration is nat econQmicall�feasible,Borra�er shall promptly repair the Praperty if damaged to avoid further c�e�erioration vr damage. If insurance c�r condemnation proceeds are paid in connection �v�th damage to the Froperty,Borrower sha11 be respons�ble for repairing or restor�ng the Property only if Lender has rel�ase�l pro�eeds far such purposes.Lender may disburse proceeds for th�repairs and res�oration in a single payment or in a serie�of progress pa�ments as the wor�is completed. If the �nsurance or condemnation proceeds are nat suffi�ient to repair or restare�he I'roperty,Borrower is not rel�eved af$orro�v�r's obligation f�r the completion of such repair or rest�ra�ion. If cond�mnat�on proce�ds are paid in cannecti4n with�he taking of the property,Lender sha�1 apply such proceeds t�the reduction of the in�lebtedness und�r��ae Note and this Securit�Instrurnent, first to an.� delinquent amounts,and then to payment of principal. A.ny application of the proceeds to the principal shall not extend or postpone the du�date of the mon�hiy payme�.ts or change�h�amount of such payments. Lender ar�ts agent may make reasonable entries up�n and inspections of the Pr�per�y. If it has reasonable cause,Lender ma�inspect the interior of the impravements on the Property.Lender sha11 give Borrower no�ice at the time of or prior to such an interior�nspection specifying such reasonable cause. $. Bvrrawer's L�an Applieation.Borrawer sha�l be in.c�efault if, during the Loan application process, Borrower�r any persons or entities acting at th�duection of Borrower or�vvi�h Borrower's k.r�o�vledge or consent gave materially fa�se,m.isl�ading,or inaccurate infvrmation ar statements to Lender(or failed to provide Lender�v�th mater�a�information}in connection tivith the Loan. Material representat�ons inc�ude, but are not limited to,representa.t�ons concerning Borrower's occupancy of the property as Borrower's principal res�dence. 9. Protectionof Lender's Interest in the Propertyand Rights under this Se�urity Instrument.If �a)Barrower fails to perform the covenants and agreements contained in this Security Instrument, (b} there is a 1ega�praceeding that might significantly affect Lender's�n�eres�in the P�r�per�y an�vr righ#s under this Security Instrument�such as a prac�edin�in bankruptc�,probate, for condernnation or forf�iture, for enfarcement af a lien which may attain priority over this Security In�trument or to enforce �aws or regu�ations},or(c}Barrower has abandoned the Property,then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interes�in the Pr�perty and rr�hts un�er this Security Instrument, including pro�ec�ing andlor assessin�the value of the Property,and se�uring andlor repauing the Pr�perty, Lender's acti�ns can include,but are no�iimited to: (a}paying any sum�secured FHA❑eed of Trust With MERS-NE 9/34/2444 Bankers SystemsTM++ VMP� VMP4N[NE)[1546).Q� Wolters Kluwer F�nancial Servrces Page 8 of 17 q�3359766G85 �233 3G7 �817