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2� 17� 1458 <br /> Borrower} under all insurance palici�s covering the Propert�, insafar as su�h righfs are applicabl� to t�Ye <br /> c��rerage of the Pr�pert�r. Lender may use ttie insurance pr�ceed� eit�ier t❑ r�pair�r restar� t�Ye Pr�perty <br /> or ta pa�amount� unpaid und�r �tYe Note ar thi� Secu�ity�n�trument, vv��et��er ❑r not t�ier� due. <br /> fi. �G�up�rl�y. �orrvwer shall vccup�, estal�lish, and u�e t�»Prap�rty as Borro�ver's principal resid�nce <br /> within �U da��after fhe execution ❑f this 5ecurity Instrument and shall continue to occup�t�ie Prapert� <br /> as B�rrow�r's princ�pai re�idence for at l�asf one year after tt�e date �f�ccupanc�, un��s� Lender <br /> d�termines tha� �his rcquirement shall cause rrndue hards�iip for the Barrower or unless extenuating <br /> circum�tan�es e�ist tivhich are bey�nd B�rrotiver's c�ntral. <br /> �. Pr��erva�tion, Maintenanc��nd Protec�ian of the Pr�perty; Inspections. Borro�rer�hall n�t <br /> de��roy, damage or impair the Propert�, al����v t�e Froperty to det�ri�rate or commit waste �n th� <br /> Property. Barra�rer shall maintain th� Pr�perty in vr�er t� pre�ent the Property fr�m deteri�rating or <br /> decreasing�n�alue due ta i�s condition. Unless it is determined pur�uant to �e��ian 5 that repair or <br /> restaration i� nat ecanomi�ally feasible, Barrav�er s�Yall prompt�y repair the Propert�r if darnaged �o <br /> av�id fur�her deterioration or damage. �f insurance or��ndemnation praceeds are pa�d in connectian <br /> �vith damage to the Property, �arrower shall be responsible far repairing�r re�taring t�ie Pro�ert� only <br /> if Lender has releas�d proceed� far such purpases. Lender may dishurs� pra�eed� far the repairs and <br /> restoratian in a single payment ❑r in a seriQs of progr�ss payments as the��vark is campleted. If th� <br /> insurance or condemnation praceeds are no� �uff�cient to r�pair or re�tore the Pr�pert�, Bvrraw�r is nQt <br /> relie�ed ❑f Borr��ver's obligati�n fvr�he c�mpletion of such repair ar restarati�n. <br /> If c�nd�mnatian pr��eeds are paid in conn�ction��r�th the taking af the prapert�, L�nder��tal� apply su�h <br /> proce�ds t❑ th� reductian �f the indebtedness und�r the Nate and t�ris Securit� �nstrument, first to an�r <br /> delinquer�t amounts, and then tv payment of principal. Any applicatYan af t�ie pr�ceeds to ti�e principal <br /> �hall nat ext�nd ar pastpone ttie due date of t�ie monf�ily �ayrnents ar change the amount ❑f such <br /> pa�ment�. <br /> Lender ar its ag�nt may mak� reasonable entries upon and inspections af the Prapert�. If it ha� <br /> reasonahle cause, Lender may inspe�t the interiar af t�ie impraWements �n t�ie Fr�p�rty. Lender shali gi�e <br /> Bvrrow�r noti�e at ���e time of ar priar ta �uch an interior in�pection spe�ifying such reas�nahle eause. <br /> $. Borraw�r's Loan Appli�at'ran. Borraw�r shall ]�e in default if, during the Laan applicalian pracess, <br /> Barrower❑r any persons or entities acting at #h� direction�f Barr���er or�vit�i Borr��rer's knov�rl�dge or <br /> cons�nt gave ma�erially false, misleadin�, ❑r inaccurate infarmation ar statements t� Lender {ar failed ta <br /> pro�id� Lender�vit��rt�at�rial infarma#ion) in c�nnection with t�ie Loan. Material representations include, <br /> �ut are nat�imited ta, representation� cancerning Barra�r�rer's vc�upan�y of���e Property as�orrower's <br /> prin��pal residence. <br /> �. Pr�t�ctian �f Lend�r's Int�r�st in the Praperty and Rights Under this �ecur�ty Insfrument. If <br /> �a� Borrower fails ta perf�rn7 the �avenants and agreements cantained in this 5ecurity Instrum�nt, ��) <br /> there i�a l�gal proc�eding that might ��gnifcant�� aff�ct Len�er's int�r�st in the Pr�perty andlor rights <br /> under tl�is Security Instrument �such as a pro�eeding Yn hankruptc�, probate, f�r condQmnati�n or <br /> forFeiture, for enf�r�ement of a lien w��ic�� may attain priarit�r over this Security Instrument ar t❑ enfarc� <br /> laws �r regulations}, �r ��} Borro�wer��as abandaned the Praperty, t��en Lender ma��a and pay for <br /> whate�rer i� rea�anable or appropriate to pratec� Lent�er'� inter�st in th� Pr�p�rt�and rights under ���i� <br /> Security Instrument, including pr�feeting andlor ass�ssing t�le va�ue of the Pr�perty, and s�curing an�lar <br /> repairing the Praperty. Lender's aetions �an include, but are not 1imi��d to: �a} paying any surns secueed <br /> �3�78814� D�9785D796 <br /> FHA Deed of Trust With MERS-NE 913a1�a14 <br /> Bankers 5ystem$Tti+ VMP� VMP4N(NE�t'i 506).�� <br /> WQlters FCluwer Finan�iaf 5ervices Page S af'17 <br />