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1 <br /> � 2� 17� 1172 <br /> are app�icable�o the caverage of��a�e Property. L�rider i��ay use the itasurance proceeds ei�.her�a repair ar restore the <br /> Property ar to pay amounts unpaid under the Note or�hi�Securit�Ins�rument, whether or not�hEri due. <br /> 6. �ccupaney. Borrawer shal] occupy, e�tabl i sh, and use the Property as B��rovWer's principal residen�e <br /> within d�days after the execution of t��is Securi�y Instrument and s��a�l continue to oc�upy fih�Property as Borrower's <br /> principal resid�nce fo.r a�leaS�o�ne y�ar aft�r t��e date of occupancy,un�ess:Lender othe�-wise agrees in wri�ing, wh�ch <br /> consenti sha�l not be unreasanably withheld, or unless ex�enuating circumstances exis�wh�ch are beyond �or.rower's <br /> co��troi. <br /> 7. Preser-�at�on, Maintenance and Pratect�on of the Pr�perty; Inspect�ans. Borrawer sha11 nat des�roy, <br /> dama�e or irnpair the Property, a��ow the Property ta deteriorate.or commit waste on�he Property. �hether or not <br /> Bor�rower is residing in the Praperty, Barrower shai�mairitain the Property in order �o pre��nt the Property fram <br /> deteriorafiirlg ar decreasing in ualue due to its condi�ion. �LJnless it is de��rmined pursuant to Section 5 that repair or <br /> restoratioi� is nat �c�namica�ly feasib�e, Bflrrower s��all prampti�y repair the Property if damaged to a�oid further <br /> deterioratiofl or damage. If insurance or candemnatiora praceeds are paid in connection with damage ta, or the taking <br /> of, the Prvperty, Borrower sha�l be responsible for repaxring or restoring�he Property only if Lender has rEleased <br /> proceeds for such purposes. Lender may disburse pi•ac�eds fo�•the repairs and restaration in a single payrnent or in <br /> a series af�rog7-ess paymel�ts as the work is co�npleted. If the insuranc�or caridemnatian prac�eds are not suff cient <br /> to r.�pa�r o�-�•e�tore the Praper�y, Borrower is not re�ie�ed of Barrovv�r's o��igat�on for the�ompletion af such repair <br /> or restoration. <br /> Lender or its agen�may mak�zeasonab�e entries upon and���spectians of t�ae Property. �f it has reasonable cau�e, <br /> Lender may irispec�the interio�-�f the improWements an the Proper�y. Lender sha�l g��ve Borro�ver notice at the time <br /> of or pri�r to such an int�rior inspe�tifln specifying such reasona�l�cause. <br /> 8. Borrower's Loan Applicati�n. Btirrower shall be in default �f, durit�g t�ae Loan applicatian process, <br /> Borra►�ver�r any persons ar entities acting at the d��-ection of Borr�wer or with Borrov��er's know�edge or�os�s�n�ga�e <br /> rnaterial�y faise, misleading, ar inaccurate�nformatian or s�a�ements to Lend�r�or failed �o pr�Wide L�nder vv��h <br /> material information} in connection with the Loan. Ma�erial represen�a��ans include, but are not limited to, <br /> represe��tations c�nc�rnin�Borro�er's occupancy of the Property as Borrow�r's principal residenc�. <br /> 9. Frot�ct�on of Lender's Infierest �n the Pro��rt� and Rights Und�r�his Securify Instrument. ���a� <br /> Borrower�'ails to perform the c�venan� and agre�ments contained i��this Security Instrument, �b} �h�re is a le�al <br /> proceec��ng tha�mi�ht significant�y affect Lende�'s interes�it�the Prvperty andJor righ�s under this Security�nstrument <br /> �such as a proceeding in bankruptcy, probate, for condemnafion or forf��ture, for enforcemen�of a lien vuhich rnay <br /> atta�n priority ower this Security �nstrument ar�o enfvrce lavws or regulations}, �r �c} Borravwer has abandoned the <br /> Praperty, then:Lender may d�and pay far wha#e��r is reasanable o.r apprapriate to protecf Lender's in�erest it�the <br /> Property ai�d rights under�h�s S��uri�y�nstrument, including �rotecting andlor assessing the�aiue of the Property, <br /> and securing andlar repairing the Frop�r�y. Le��der's actians can znc�ude, but are nat.limited to: �a}paying any sums <br /> secured by a Eien which has priori�y over this Securi�y Instrument; �b}appearing�n court; and�c}paying reasonable <br /> attorneys' fees�o pratect its interes�in the Praperty andlor rights under this S�curity Ins�rument, including its secured <br /> position in a bankruptcy praceeding. Securing the Praperty includes, but is not limited to, entering the Prvper�y to <br /> make repairs, change locks, replace or hoard up doars and windows, drain vwater from pipes, �liminate building or <br /> ather cod�vialations or dangerous condi�ions, and ha�e utili�ies�urned on ar off. A�thaugh L�nder�nay�ake action <br /> under this 5ec�iar�9, Lender does not ha�e to do so and is not urider any duty or obligation�o dv so. it is agr�ed that <br /> Lender iilcurs no�iability for not taking an��r all ac��ons authoriz�d und�r this Section 9. <br /> Any a�noun�s disbursed by Lender under tlais Section 9 shal�became additional debt of}3arrawer secured by this <br /> Security�nstrumen�. These amaur�ts shail bear interest at the Note ra�e from the dat�of disbursemen�and shall be <br /> payable, wit��such int�rest, upon notic�from Lend�r to Borrower request�ng payment. <br /> lf rhis Se�urity �ns�rumen� is ot� a Iea�ehald, Borrower shali comply with al� the provisions of tlle lease. <br /> Bararovwe�sha�l nat surrender the leasehold estate and interes�s here�n conveyed or�errninate or cancel�he grouzad�ease. <br /> Borrower s��all notiy wi�hout �he express wri�ten cansent of Lender, alter or amend the ground ��ase. If Barrower <br /> acquires fee�itle�to�he Property, thc lcasehald and the fee titile sha�1 nat mer�e unless Lender agrees to th�rnerger <br /> in v��r��ing. <br /> NEBRASKA Single Family-UNIF�RM INSTRUMENT t�ar.�i+l�gic <br /> M�DIFIED F�R DEPARTMENT�F VETERA�JS AFFAIRS- MERS www.docmagrc.com <br /> �Rev. �10�� Page 7 af '�4 <br /> R <br /> ■ <br />