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2� 1 �� 14 �. t��cupancy.B�rrower sha�l occupy, establ�sh, and u�e th�T'roperty as Borrnwer's principal resid�nce within 6�days after the executioa�f this Security In.strument and sha11 cantinue t�accupy the Property as Borrower's principal res�d�nce far at least one year aft�r the date of oceupancy,unless Lender otherwis� a�rees i.n writin�,�hich��nsent sh�ll not be unreas�nably withheld,or unless extenuating circumstances exist which ar�beyand Borrower's contr�t. ?. Preservation,AAaintenanceand Protectivnvf the Property;Inspectivns.�orrotiver sha11 not des�roy, damage or impair the Praperty,a��aw th�Praper�r to deteriorate or commit waste an the Property, �Vhet�er or not Borrav�rer is residing i�the Proper�r,Borrower shat�mainta�n the I'roperty in order to pre�en�the Praperty from deteriorating or decreasing in value due to its condYtion.LTnless�t is d�terrnined pur�uant to Sectian S that repau or restora��n is not economically feasible,Borrower s�al�pramptly repair th�Propearty �f damaged to av�id further deterioration or damage. If insurance ar coademnat�an proceeds are paid in connection with dama�e to,or�he taking of,the Property,Borro�ver shatl be r��ponsibl�for repairi.ng or restor�ng th�Pr4perty only if Lender has released pr�Ge�ds for such purposes.Lender may disburse praceeds fvr the repairs and re�toration�n a single payment or�n a series af progress payments as the tivork is comp�eted. If the insu.rance or�ondem�nation proceeds are nat sufficient to repa�r or restore the Property, �orrower i5 nat relie�ed�f Borrovc�er's�bi�gation for the cvmpletion of such repau or restora.ti�n, Lender or its agent may mal�e r�asonab�e�ntries upon and inspecti�ns af the Property. If it has reasonable cau�e,Lender may inspect the inter�or of the im�ravements an the Prop�rty. L,�nder sha11 g�ve Borrovver notic�at the tim��f or prior ta such an interior inspection specifying such reasonable cause. 8, Borroaver's LvanApplicat�on.Borro�uer shal�b��n default if, during the Loan appl��ation pro�ess, B�rrower or�.ny persons or ent�ties acting at the direction of Borrow�r or�ith Borrower's kno�vtedge ar consent gave materially false,misleading,or inaccurate information�r sta�ements to Lender(or failed to pra�ide Lender with m�terial�nformation}in�vnnec�ion with the Loan. Material representations include,but are not�imited to,representa.tions concerning Borro�v�r's occupancy of the Property as B�notiver's principal residence. 9. Protectionof Lender's Interest in the Pro��rtyand Rights Under�this Security lnstrument.If�a) Barrower fails to perform the covenan�s a�d a�reements contained in this Security Instrument,(b}there is a 1ega1 proceeding that might significantl}�affect Lender's interest in the Property andlor rights under this Se�urity Instrument�such as a praceeding in bankruptcy,probate, for condemnation or forf�iture, for enforcement of a lien which may attain priority over this Security Instrument�r to enforce�aws or regulatians},or�c}�arrower has abandoned the Property,then Lender may do and pay far wha�e�rer is reasonable or appropriat�to protect Lender's in#eres�in the Property and rights under this Security Instrument, �n�luding protecting andlor a�sessing the�alue of the Propert}�,and securing andlor repau�i.n.g �he Froperty. Lend�r's actions can include,but are n��imit�d to: (a)p�ying any sums s�cured by a 1�en which h�s prior�t�a�er this Security Instrument;tb�appearing in caurt;and�c]pay�ng reasonab�e attorne�s' fees�o proteet��s interest in the Propert�andlor rights un.der this Security Instrum�nt, including its secured position in a ban�kruptcy proceed��g. Securing the Property includes,bu�is no��mited to, entering the Property to make repairs,change�vcks,replace ar baard up doors and windows,drain water fram pip�s, eliminate bu�lding ar other c�de violations or dangerous conditions,and ha�re uti�ities turned on or�ff. Alth�ugh Lender may take action under this Section 9,Lender does not hav�to�o so and is not under any duty or ob�igation to do so.It is agreed that Lender incurs no liabi�ity for n�t tak�ng any or a11 actions authorized under this Sectian�. qa33�o��0�1� oz33 �� os1� NEBRASI{N-Singie Family-Fan�ie MaelFreddie Mac lJN1FQRl�!fNSTRUMENT WITH MERS Form 342811Q1 VMP� VMPBA[NE}(93fl2}.4� Wolters 14#�rwer Financiai Services Page 8 of 17