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201206261 for Clie repairs and restoration in a siugle paynient or in a series of progress pnyments as the work is cnrnpleCed. PF the insurance or condenviaCiou proceeds are not sufficient to repair or restore the Propeity, Borrower is not relieved of Borrowcr's obligation for the eompletion of such repair or reatoration. Lender or its agent may malce reasonable entcics upon ancl inspections of the Property. PP iC has reasonable cause, Lender may inspect tlie interior o'C the improve�nents oi�the Property. L,endcr shall give Borrower notice at the time of or prior to such an interior inspectiou specifying such reasonable cause. 8. Bprrower's Loan Application. Borrowex shall be in defaulY if, during the Loan app[ication proeess, Borrower or any persone or enliCias acting at the direction of Bor�ower or wiCli Sorrower's knowledge or conscnt gave materially false, misleading, or inawuiaite intormalion or staCements to Lender (�r t'ailed fo provide Lender witli�naterial infurrnatiori) in connectiou witl�tl�e Loan. Material represen�ations include, but are not limiCed Co, representations coue�rning Borrower's occupai�cy of the Property as Borrower's Pri�cipaf residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. lf(a) Borrower fails to perform tl�e covenants and agreemcnts coi�tained in this Security Instrumeut, (b) Ghere is a legal peoceeding� thaC miglit significantly affcct Lender's interest ii�the Properry tmdbr righ�s t.tnder tliis SeeuriYy Instrument (sucl�as a proceeding In bankruptcy, probaYe, for wndemnation or forfeiture, Por enforeement oP a lieii wl�iolt may aCCain priority over this Secm�iry Insh�umenC or Co enforce laws or regulations), or(c) Borrower has abandoned the Property, then Lendcr may do and pay for wllatever is reasonable or appropriate to proYecY Lender's interest in the Properfy and riglits under tliis Sec:urily instrument, ineluding protecting aud/or assessing Che value oP Che Property, and securing andlor repairii�g ehe Property. Lender's actioi�s �an include, but are not limited to: (a) ptrying an�sums secured�y a lien wliich has priority over th3s SccueiCy J�strumeut; (b) appe�rii�g in courC; and (c}paying rc2sonnUle atroriieys' fees to protceC its inCerest in the Praperty and/ar rights under this Secm'iry Insecument, including its sccured position 3n a bai�lcrnptcy procaeding. Securing the Property includes, buY is not llmited to, entering the Piroperry to make repairs, clinage locks, replace or board Lip doois avd wi»dows, drain waCer fi•om pipes, eliminate building oi other code violations oc dangerous conditions, and havc uCi]iCies lurned on or ofP. Although Lendec may take actiou under this SeoCion 9, Lendec cloes i�ot have to do so and is not under any dury or obligation to do sa IC is agreed ehat Lender incurs no liabilil'y for not Yaking auy or all actions authorized under Ihis Section 9. Any amouiits disbursed by Lcnder under Chis Section 9 shall iaecome additional debt of Borrower secured by this Security 1nsCrument. These amounCs shal] bear interest aC the Note raYe from flie date of disburscmenC and shall be payable, with such interest, upo� notice from Lender Co Borrower reyuestin�paytnent. If CLis Security InstrumeuY ie oi� a leasehold, Borrower sha[1 compl,y with nll che provisio�s ol'thc lease, Tf Borrower aequires fee title Co the Pro��erty, Che ]easehold and the'fee title shall nt�t merge unless Lender agrees to the m�rger in writing. 10. Mortgage Insurance. If Lender rcquired MorCgage Ivsurance as a condilion oP making Clie Loan, Borrower sliall p�y tlie premiuins requircd Co mainhain Che Moctgage Insurance in ePPect. If, for aoy reason, the Mortgnge Insurance coverage required by Lender ce2ses to bc available fi�om tlie moregnge insurer t1�aC pxoviously provided sueh insurance and Borrower was required to make separately designt�ted paymcnts toward die premiums for Moitga�;e Iiisurance, I3orrower shall pny the premiuine requieed Co obtai� c�verage subsCantially equiva�lent to Che MorCgage insw�ance previously i�i etY'ect, at a cosC substantially equiv�lent to the eost to Bon'owcr oP the Mortgage Insurnnce previously in cfCecC, from an a1Ce��aYe mortgage i�isurer selected by Lender. If substantially equivailent Mortgage liusuranee coverage is not available, Borrower shall .'24001593 NF9RA51<A�Single�Family-fannie MaelFred�le Mec UNIFORM INS'I'RUMFNT fvnn 3029 1N7 VMP� VPAPG(NE��11051 Wolters IClawar Fl�ixnclel SerNcea Page 8 0117