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2� 1 ��5932 Borrower)under a�l insurance poli�ies co�ering the Fraperty,iin.sofar as su�h rights�re appli�able to the coverage af the Property. L,end�r may use the in�urance proc�eds either to re�aair or restore the Pro�ert� flr to pay amounts unpaid under the Note or this Security Instrument,whether or not then due. fi. �ccupancy.Borrower sha11 occupy, estab�ish, and use the Property as Borrower's principal reszdence � withia 6fl days af�er th�executio�of th�s Security Instrurnent aad sha11 cantinue to occupy the Pro�aerty as Borrower's principal residen�e for at least one year after the da��af occupancy,unless Le�der determines that this requuemen��hall cau�e undue hardship for the Borrawer or un�ess extenuating �ircumstances exist�vhich ar�beyond Borrow�r's control. �. Preservatiort,Maintenanc�and Pratectivn of the Property;Inspection�.Borrower shall not destroy,dama�e or impair the Property,allo�the Property to deter�orate or commit waste on the T'roperty. Barro�er shall maintain the Praperty in order t�prevent the Praperty from de�eriorating or decreas�ng in value due to its cc�nd�t�on.Unless it is determined pursuant to Section 5 that repair or restaration is aat ecanom�cally feasible,Barrower sha11 promptly repair the Property if damaged�o avoid fur�her deteriarat�an or damage. If insurance or condemnation proceeds are paid in connection with damage to the Property,Borrower sha��be responsib�e for repairing or restoring the Propert�c�n1y if Lender has released proce�ds for such purposes. Lender may disburse proceeds for the r�pairs and restoration in a single payment or�n a series of progress payments as the�ork is campleted. If the insurance or coademnation proceeds are not suff�c�ent to repair or restore the Property,Borrower is not relieved of Borrower's ob�igat�on for the completion af such repair or restoration. If cond�mnat�on praceeds are paid in conx�ection with the taking of the property,Lender shall apply such proceeds to the reduction of the ind�btedness under the Note an�thi�S�curity Instrument, fu�t to any det�nquent amounts, a�d then to paymen.t of princ�pal.Auy appliGa��oa of the proceeds to the principal shall not extend or postp�ae the due date of the monthly payments or change the amount of such payments. Lendeac or its a�ent may make rea�anable entries upon aad inspections of the Froperty.If it has reasonable caus�,Lender may�nspect the interiQr�f the improvements on the Froperty. Le�der shall give Borrower notice at the time of or prior t�such an�nterior inspecti4n specifying su�h r�asonable cause, $. Borr�ower's Lvan Application.Borrower sha11 be in default if, during the Loan application process, Borrawer or any pers�ns or entities acting at the di�.rec#ior�vf Borrower or with Borrower's knowledge or con�ent gave materiall�fa�se,rrxisleading,or inaccurate�n#'ormat�on ar statements to Lender�or failed to provide Lender w�th mat�rial in��rmation)in cvnnection with th�Loan. Material r�presentations�nc�ude, but are not limited to,representations concerning Borrow�r's occupancy of the Property as Borrower's pr�ncipal resid�nc�. 9. Protection of Lender's Inter�st in the Prv�ertyand Rights Under this Security�r�strument.If �a}I3orrower fails to perform the co��nants an.d ag�eements conta.ined in this Se�u�ity Instrument,�b� th�re is a 1ega1 proceeding that might signifxcantly aff�ct Lender's interest in the Praperty andlor rights under this 5ecurity Inst�rument(such as a proce��ing in bankruptcyg prabate, for condemn.atian or fvrfeiture,f�r eflforcement of a lien�hiGh may att��n priorit�ove�r this Securi�y Instrument or to enfarce laws or r�gulations},or(c}Borro�er has abandoned the Property,then Lender may do and pay for whatever is reasanab�e or appropriate to protect Lender's interest in the Property and rights under this �ec�it�Instrun�ent,including protectin�andfor assessing the�alu�of the Property,and�securing andlor repair�ng the Property. Lender's actions can inc�ude,but ar�not lim�ted to: (a}paying any sums secured FFiA Deed of Trust VITi#h M E RS-N E 9134l�14 Bankers SystemsTM� VMR 9 VAAP4N{NE}(�5dfi).40 Wolter�K�wver Financiaf 5ervices page 8 of 17 q433588812$5 UZ33 522 �$l