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201201696 <br /> for tke repairs auld nescoration in a single payment or in a series of progress peyments As the work is <br /> oompleted if lhe ineurance or condemnation proceeds a��e nat sufficienC to repeir or restore Ehe Property, <br /> Borrowex is not relieved of Borrower's obligation for tho cmnplofion c�f sncli repair or restoratiion. <br /> Lender or its agent may make reasonable ei�lries upo��and inNpcctioua of the Property. I'F it has reasonable <br /> cnuse, Lender may inspect the interior of the improvements on fl�e Property. l.endor shall give T�arrower <br /> notice at the tiine oP or prior to such an interior inspection specifying such roasonnble cnuFC. <br /> 8. Borrower's Loan Application. Borrower shall be in ciefnulS if, during the I.oa„ �pp1ioation process, <br /> Borrower or�ny pereona or entities ac6ng at the direction of Borrower or wiili Borrowcr's 1<nowledgc or <br /> oonsent ga�e materially fialse, misleadii7g, or inacew�ate infonnatian or stntements to Lender (ar failed fo <br /> provicic�Lonc9or wiYk matorinl iizforma.fion) in comzcction wi[h the Loau. Material re�mesanYaYions inolnde, buY <br /> aa•e noY�lhnited to, eepresenYations ooncerning Borrower's ocoupancy of the Properly ns Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this SecuriYy Instrument. If(n) <br /> Borrowor Fails Co�er�Porm the covcnants and ag'ccn�cnts confained in fliis Seourity InstrmnenC, (b) tliere is a. <br /> legal pirone€ding that might signiffouifly aPPect Lendeir's inteeesC in tl�c Property and/�r rights midet tliYe <br /> Seourity Ivstrwnent(such as a proceeding in U�nkruptcy, probate, for conde�m�ation or forPoitura, for <br /> enforcament oP a lien which may attain priority over thia 3ecurity Snatrument or to enPorce lawa or <br /> regulations), or (c) Bon�ower has aUandoned the Properry, then Lender in�y do wd pay for whatever is <br /> rcasonablo�or�ppropriat-c to protwt Lcnder's intcrest in the Property and riglits timder tliis Sectiirity <br /> Inshlunent, inclucling protecting andlor asaessing the value of[h�Propetty, and eecuring and/or rc��ttiring <br /> the Property. Lender's uctiovs oui include, but aae uoY limited to: (a)paying any sums eecured by a lien <br /> �hiclz li¢u prioiity ovor tl�is Sectiu�ity]ushtiunent; (b) appeaaing ni eoi�rt; and(c)paying reasonable aCtorneys' <br /> tcc.s Co proCec[� ifs intexest in the Properiy nnci/or righCs under Chie Security Iustrumeut, incltiiding its secm�ed <br /> poairion in n banla�uptcy proceeding. Secm•ing the Property inolndee, bnt is not limiteci Co, entering the <br /> Proparty to malce repairs, ch�nge locks, replace or Uoard up doors and windowe, drain wnker frou7 pipes, <br /> eliminate Uuilcling ot other code violatious or dangeroue conditions, and have utilitiies turned on or oYf. <br /> Although T cnder may talco action under fl�is Scotion 9, Lcndcr docs not have to do so aud is irot under�Any <br /> du6y or obligation to clo sa It is ngreecl Ch�C L€nder inoius no liabiliCy for noC taking any or all actions <br /> auUho�ized under�this Section 9. <br /> Auy a�mounts disbursed by L,ondcn� unda'this Socl�ion 9 sl�all bpcoine additioi�nl dcbt of Borrowcr sccured by <br /> tivs Sernu�ity Insttument. These amounts shnll bear intereaC at the Note r�te&om Uie dnte of disbnrsen�en[ <br /> and shall be payaUle, witfi such interast, upon noCice&om Lender to Borrower rcquesting yayment. <br /> If�is Security Instruinent is on a leASehold, Borrower shall coinply with all Y1�e provisions of Yhe lease. If <br /> Borrower acqttires fee Litle to Uie Yroperty, the]ensehold and thc�Pee�it1e shall not merge unless Lender <br /> agreeS to the merger in Writin�;. <br /> 10. M ortgage Insurance. If Lender reqiured Mortgage Ivsurnnoe�s n eondiGion of v�alcnig Lhe Loan, Bonower <br /> shall pay the premiunxs reqiiired to mnintnin the Mortgage Insur�nce in effect. If, fox any reaeon, Hie <br /> Mortgege Ineurance coverage required by Lender ceases to be available li�om Uie mnctgage instuer 11iat <br /> previously provided such insurance nnd 13orrowcr w�s rcqiurcd t�malcc scparatcly dcsign�tcd paymonts <br /> toward ihe premiiuns Por Mortgage Insuxance, Borrower shall p�y the premiuine required to obtain covexage <br /> snbst�ntially equivelent to the Mortga�ge Insuraaica previously in efFect, at a,coat subetanYia$y equivnlenE to <br /> fhe cost to Borrowar of the Mortgage [nsnranco prcviounly in eff�ct, frmii an alternate mortgage iusurer <br /> selected by Lcndcr. If snbstan�ially eqLtivalenC Mor[gage Insiirnnee wvernge is not availabla, Borrower sl�all <br /> saoaoasa <br /> NCBRhSK�-Single Family-Fannle MaBlfre�tllaMZC UNIFORM MS'I'RUM ENT Form 3028 1101 <br /> VM P� VM P6(N[)(17�6) <br /> Waltera Kluwer Flnendal Servicas Pege 8 of 1] <br />