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201109169 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shail continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in wi•iting, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, M aintenance and Protection of the Property; Inspections. Borrower shall not dest�roy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to ptevent flie Property fi•om deteriorating or decreasing in value due to its condition. Unless it is deterniined putsuant to Section 5 that repair or restoration is noC economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disbus•se proceeds for the repairs and restoratiou in a siugle payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrowet•is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agenC may make reasonable entries upon and inspections of the Property. if it has reasonable cause, Lender may inspect the interior of Nie improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate infornlation or statements to Lender(or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. if(a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b)there is a legal proceeding that might significantly affect Lender's interest in the Pr•operty and/or rights under this Security Instrument(such as a proceeding in bai�•uptcy, probate, for condenmation or forfeiture, for enfot-cement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or(c)Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Sec�u•ity Instrument, including protecting vid/or assessing the value of the Property, and securing and/or repairin� the Property. Lender's actions can include, bu[are not limited to: (a)paying any sums secured by a lien which has priority over this Seeurity instrument; (b)appearing in court; and(c)paying reasonable attorneys' fees eo protect its interest in the Property vid/or rigl�ts under this Security Instrument, including its sectu•ed position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water froui pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under auy duty or obligation to do so. It is agreed tl�at Lender incurs tio liability for not Caking any or all actions authorized under this Section 9. 8801103443 8801103443 NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1101 VMP QQ VMP6A(NE)(1105) Wolters Kluwer Financial Services Page 8 of 17 ,�� �