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2� 17� 12�4 Borrower)under all ir�surance policies ca�ering the Property, insofar as such rights are appltcable ta the coverage of the Propert�. Lender may use the in�urance proceeds either to repair or restare the Property or to pay atnQunts unpaid under the l�ot�or th�s Security Ins�rument,�vhether ar not then due. fi. �ecupaney.Borrower sha11 occup�, establish, and use the Property as Borrower's principal residence within 6�days after the executian of this Security Instrument anc�shail�ontinue to occupy the Praperty as B�rro�ver's principal residence for at least one year aft�r the da�e of occupancy,un�ess Lender detcrmincs that this requircmen�shall cause und�.e hardship for the B�rrowcr or unle�s extenuating circumstances�xist�vhich are beyond Borrower's control. 7. Preser�at�on,lilfaintenancean�Protectianvf the Praperty;Inspections.Borrawer sha11 no� des�roy,damage or impair the Prop�rty,a�law the Property to deter�ora�e or commit tivaste on the Property.Barrower shail maint�in the P�operty in order to pre�ent the Pro�erty fr�m deteriorating or decreasing in valu�due to it�condition.Unless it is determined pursuant t�Sectron S that repair ar res��ration is not eco�omieal�y feasi�le,B�rro�ver sha11 prompt�y repair the Property if damaged to avoid further�eterioratian or damage.�f insurance or candemnatxan prQceeds are paid in connectian with damage to the Property,Bono�v�r shall be re�p4nsibl�for re�airing or restoring the Property oni� if Lender has released proceeds for such purpose�. Lender may disburse praceeds for the repairs and restaration in a single payment ar in a series af pr�gress paym�nts as t�ie�rork is completed.If the insurance or eondemnation pro�eeds are not suf�cient to repa�r or restore the Property,Borrow�r is�aot relie�ed of B�rra�er's ob�igation for the comp��tion of such r�pair or restoration. If candemnation pro�eeds a�re�a�d in Gonnection with�he�a.king af�he property,Lender sha��apply such proceeds to�he reduc�iQn of the indebtedness under the Note and this Security�nstrument,first to an� delinquent arnaunts,and then t�paymer�t of prin�ipal.Any ap�lic�ti�n of th�proc�eds ta th�prin�i�a� �hall not ext�nd or postp�ne the due date af the rnonthly payments or chan�e the arnaunt of su�h pay�ments. L�nder or its agent may make reasanable entries upon and inspections of the Property.If it has reasonable cause, Lender rnay insp�ct tk�e interi�r of the impr��ements on�he Property. Lender sha11 give Borrot,t�er notice at the time of�r pr�or ta�uGh an i�terior�nspec�i��sp�cify�ng suc�.�'eas�nable cause. $. Borrawer's Laan Application.Borrower sha�l be in default if, du.ring the Loan application pracess, Borx'Qwer or any persans or entities acting at the direction of Borrotiver or with Barra�ver's kno�vl�dge or consent gave materia�ly false,mislead�ng,or inaccurate inforrna�i�n or statement�to Len�er��r failed�� pr�vide Lender with materia.l information)in connectian wi�h the Loan.Material representations inc�ude, but are not lirnited to,representatiQns cancerning Barrower's occupaney of the Proper�as Borro�ver's principa�residence. 9. Protectionof Lender's Interest in the Propertyand Righ�sUnderthis Security Instrument.If (a}Borro�er fails to perform the co�enants and agreements cantained in th�s Security Instrument, �b} �here i�a legal proce�ding that mxght significantly aff�ct L�ender's interest in the Property andlar rights under this�ecurity Instrument�such as a proceed�ng in bankrup�c�,probate,far cond�mnati�n or forfe�ture,for enforcement�f a lien which may attain priori�y o�er�his�ecurity Instrument or to enforce laws or regul�tians�,or{c}Barrovver has abandoned the Proper�y,then Lender may do and pa�for whate�er is reasor�abre or appropriat�ta prote�t Lender's interest in�he Property and righ#s und�r this 5ecur�ty Instrument, inciudin�protecting andlor assessing the value af�he Praperty,and securing an�lar repairing the�roperty.Lender's action�can include,but are nat lirx�ited t�: �a}pa�ring any sums secured FHA❑eed of Trust With ME�S-NE 913a12014 Bankers 5ystems� VMP� Vlti1lP4N(NE14't54�).Q� Wolters Kluw�r Financia!5er�ices Page 8 of 17 qo��.$�04$� oz3� ��i os1�