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2� 1 ��88�� f. �ccupancy.Barra�ver shall occupy, establish, and use the Property as Barrawer's principa�residence within b0 days after the execution nf this Security Instrument and sha11 continu�to occup�the Property as Borrower's principal residence for at least one year after the date of occupancy,unless Lender othert�vi�e agrees in writing,�vhich eonsent sha�l not be unreasonably withheld,or unless extenuating c�rcumsta.nces �x�st�vh�ch are beyond�orro�er's con�rol, ?. Preservat�nn,Maintenanceand Prntectionof the Property;Inspections,Borrower sha11 n�t destroy, damage ar impair th�Praperty,allo�v the Property to deteriorate or commit waste on th�Property. �hether or not Borrovver is resid�ng in the Froperty, Borrawer shall maintain the Property in order�o pre��nt th� Proper�y from deteriorating or decreasing in�a1u�due to its cond�tion. Unless it is determ�ned pursuant t� Sectian 5 that repair or restoration is not economically feasihle, Borrower shall promptly repair the Propert� if damaged to avQid further deterioratian or d�mage. If�nsurance or condemnat�on proceeds are paid in cannection with damage to,or the taking of,the Praperty, Borrower shall be re�ponsible for repair�ng or restoring the Property only if L�nder has released proceeds for such purposes. Lend�r may disburse proceeds for the repairs and restorat�on�n a singl�payment or in a series of progress paym�nts as the wark is completed. If the insur�nce or condemnat�on proc�eds are nat sufficient to repair or restor��he Property, �arrower is not re�ieved of Borro�ver's ab�rgat�on far th�corr�p�etion of such repau-or restor�ti�n, Lender or its agent may make reasonable entries upon and inspections of the property. �f�t has reasanable cause, Lender may inspect the interior of the improvem�nts on the Property. Lender shall give�orrow�r natice at the time of or prior to such an interior inspection specifying such reasonabie cause. 8. Borrower`s Loan Application.Borrower sha11 be in default i.f, durxng�he Loan app�icatian process, Borrow�r�r any persons or entities acting at the direc�ion�f Borro�ver ar�vi�h Borrawer's knowledge ar consent ga�e materially false, misleading, or inaccurate information or statements to Lender�ar failed ta provide Lender with material information} in connection with the Loan. Material representations include,but are not limited to,representat�ons cancerning Borrawer's occupancy of the Property as Borrower's principal residence. 9, Protec#�on of Lender's f nteresf�n fhe Prvpertyand Rights Under this Securi�y�nstrument.If�a} Bor�rower fa�Is to perform�he covenants and agreements contained in this Security Instrument, (b}there is a legal proceeding�hat might significantly affect Lender's�nterest in the Property andfor rights under this Security Inst�ument(such as a proceeding in bankruptcy,probate, for condemnation or forfextu�re, for enforceme�t of a lien which may attain priority o��r this Securi�y Instrument or to enforce lav�rs or regulations�,or�c)Borrower has abandoned�he Prop�rty,then Lender may do an�pay far wha�ever is reasonable or appropriate to pro#ect Lender's interest rn the Property and rights under�his Security Instrument, inc�uding protecting andlor assess�ng the�alue of the Property,and securing andlor repairing the Prope�ty. Lender's act�ons can�nclude,but are not limited t�: (a)paying any�ums secured by a lien which has priority o�er this Security Instrument; (b}appearing in court;and�c}paying reasonable attorneys' fees to protect its interest in the Property andlor rights under this Security Ins�rument, inGluding its secured posYtian rn a bankruptcy proceeding. Secur��g the�'roperty inclu�es,but�s r��t�Ymrted t�, enterxng the Property to make repairs,change locks,rep�ace or board up do�rs and windows,drain water from pipes, eliminate build�ng or oth�r��de vi�lation�or dangerou�conditions,and have utilities turned on or off. A�though Lender may take action under�his Section 9,Lender does not have�o da so and is not under any duty ar ab�igation to do so, It is agreed that Lender incurs na liability for not taking any or a11 actions auth�rized under this Section 9. q�33663G2297 �233 442 �$17 NEBRASKA-Singie Family-Fannie MaelFr�eddie Mac UNI�QRM�NSTRUMEIVT WITH MERS Form 3428�101 VMP CR7 VMPfiA(NE){1342}.44 1llJalters Kluwer Financia!Services Page 8 of 17