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201206086 <br /> for the repairs and restoration in a singlc payment or in�series of progress payn�enfs as the work is <br /> completed. If th� insurance or condemnation proceeds �re not suff'icienf to repair or restore Che Property, <br /> Borrower is nof relieved of Bocrowec's obligation t'c�r the completion of suc(i repair or restocaCion. <br /> Lender or its agen�may malce reasonable entries npon and inspections of the Property. If ic has rcasonable <br /> cause, Lender may inspeeY Che interior af the iinprovemen6s on the Property, Lender shall give Borrower <br /> noCice al the time of orprior to such aii interior inspection spec7fying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in dcPaulC if, during the Loan applic<�tion process, <br /> Borrower or any persons oe euYities leting at the dirccCion of Rorrower or with Boreower's laiowledge or <br /> consenC gave materially Palse, misleading, or inaccurate iriformation or statements t�b Lender (or failed to <br /> pcovide Lender wilh material information) in connection w9th Che Loan, MaCerial represenUitions inolu�e, Uul <br /> ace not limited to, represeirtatimis coneer�iing Borirower's occupancy of fhe Property as Bonnwer's prinelpal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> Borrower fails to perfonn the cove�iants and agreemeaYs contnined in this Securi6y lnstrumenC, (b} there is a <br /> legal proceeding that might signiPicantly affecY Lender's interest in khe Proper�y and/or rigl�rs under Uiis <br /> Security Instruinent (such as a proeeeding in banitruptcy, probate, for condemnation or forfeiture, for <br /> enforcement of a lien which may aYCain prioriry over this Security insCrumenY or Co enPorce laws or <br /> regulations), or (c) Borrower has aUuidonecl tl�e ProperCy, then Lender m2y do tmd i�uy for whal:ever is <br /> reasonable or appinpriate to protect Lendor's 9nlerest in the Properry and rights under f6is SecuriCy <br /> Instr4unenf, inehiding protecting andlor assessing tlie vnlue of the Properly, and securing and/or repairiiig <br /> the Property. Lender's actions ean include, but are not limitcd to: (a) paying auy sums secured by a]ien <br /> which has prioriry over this Security Instrumcnt; (b) appearing ii�eourt; and (c) paying rc2sonable attotneys' <br /> fees to protect iEs interest in the PropeeCy andlor rights under tl�is Security InsCrument, incic�diog its secured <br /> position in a btmkrul�tcy proceeding. Seeurii�g tl�e Praperty ii�cludes, but is not I imited Yq enCering the <br /> Propercy to makc repairs, ehange l�eks, repl2ce or board up doors and windows, drnin water from pipes, <br /> elin�inatc building or oCher code uiolatioiis or dangerous conditions, and have u�ilities tunied rni or ofF, <br /> A1Chough Lender may take�tetion ui�der this Secfion 9, Lender does not have to do so and is not under any <br /> dury or obfigation to do so. It is agreed tliaC Lenfler inctirs no li2vility t'or iiot laking any or all aeYio»s <br /> aufhorized under this Section 9, <br /> Any amounts disbursed by Lender under this Section 9 shall beeome additional deUt of Borrower secured by <br /> this Security Tnsh�ument. These amounts shall bear interesY at the Note rate Pxom Uie datc o'P disbursement <br /> and shall be payable, with such inGeresC, upon notiee from Lender to Borrowcr rec�uesting payment. <br /> Tf this 5ecurify Instiument is on a leaschold, Rorrower shall comply witl� all thc provisions of the lease. If <br /> Bori�ower aequires fee CiCla Co Che Property, Ctie leasel�old u1d the fee CiCle st�all not merge unless Lender <br /> agrees to tlie merger in writing, <br /> 10. Mortgage Insurance. If Lender required Mott�ige Ins�irance as a eondition of makivg the Loan, Borrower <br /> shall pay thc premiums required to mainta3n the Mortgage Insuranee in effect. If, for any reason, the <br /> i�lotfgage Insurance coverage required by Lcndcr ceases to be availaUle from the morCgage insurer thaC <br /> previously providecl sucli insutanoe and Rorrower was required to inalce separaCely designatecl payments <br /> eoward Clie premiums Por Mortgage I��surance, Borrower shall pay the premiums required Co obtttin coveraga <br /> substantially eqaivalent eo C�e Mortgage Insui�ance previously in effeeC,ae a cost subst�ntiailly equivalent to <br /> Che cost to Borrower of the Mortgage Insurance �reviouFly in effect, from an alternaCc mortgage insurer <br /> seleeted by Lender. If subsCa��lially equivalent Mortgage Insurance coverage is not available, Borrower sl�all <br /> --- -- <br /> znooiena <br /> NE8RA51<A-Slnqle Femlly-FeMlo Mae(Preddle Mau UNIFORM INSTFUfNENT Poem 00261/01 <br /> VMP(7 VMP61Nt)1110GI <br /> Wolters I<luwer Rnancial5ervicae Page 8 of 1] <br />