Laserfiche WebLink
201206682 <br /> for the repairs and restoration in a single payment or in a series of progress payments as the work is <br /> completed. If the in.:urance or condemnafion proceeds are not sufficient to repau or resCore the Property, <br /> Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br /> Lender or its agern inay make reasonable entries upon and inspzctions of the Property. If it has reasonable <br /> cause, Lender may+nspect the interior of the improvements on the Property. Lender shall give Borrower <br /> notice at the time of or prior to such an interior inspecrion spec;ifying such reasonable caus� <br /> 8. Sorrower s Loan Application. Borrower shall be in dePault if, during ihe Loan application.process, <br /> Borrower or any persons or entilies az;ting at the direction of Borrawer or with Borro�y�er's knowledge or <br /> consent gave materially false, misleading, or inaccurate mformation or statements to Lender(or failed to <br /> provide Lcnder with material InforFnation)in connection witli khe Loaa. Material xepresentarious include, but <br /> aze not liiniCed tq representations conceming Borrower`s occupaney qf the Property as Borrower's prinaipal <br /> residence. <br /> 9. Protection of Lendee's Interest in the Property and Rights Under this Securety Instrument. IP{a) <br /> Borrower fails to perfonn fl�e covenants and agrez�nents containcd in this Security Iastrument, (b)there is a <br /> legal proceeding that might significantIy affect Lender's interest in the Properry and/or slghzs under this <br /> Security Instrument(such as a proceeding ia banla�uptcy, probate, for condemnation ox forfeiture, for <br /> enforceinent of a lien which maq attain prioriry over this Seciuiry Tnstrumeirt or to enforce laws bx <br /> regularions), or(e)Borrower has abandoned the Pxoperty, then Lender may do and pay for whatevec is <br /> reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br /> Tnshument, including protecring and/or assessing the value of the Properry, and securing and/or repauing <br /> Che Properiy. Iznder's aerions can include, 6ut are not limited to: (a)paying any sums seCured by a lien <br /> which.has priority over this Security Instnunent; (b)ap�earing in court; and(c)paying reasonable attorneys' <br /> fees to�otecf its interest in the Property and/oi rights und�Shis Security instr�nnent, inCluding its seeured <br /> position in a banleniptcy proceeding Securing flie Property includes, but is noC limiteci to, entering the <br /> Property to makc rcpairs, change locks, replace or board up doors and windou�s, drain water&om pipes, <br /> eluxunate builduig or othez code tizolarions or dangerous conditions, and have utilities furned on or of�: <br /> Although Lender may fake action imder this Section 9, Lender does not have to do so and is not under any <br /> duty or obliga.tian to do so. It is agceed that Lender incuTs no liability for not takina any ox a11 actians <br /> authorized under this Section 9. <br /> Any amounts disbursed by Lender under tl�is Section 9 shall become additional debt of 13orrower secured by <br /> tius Security Instnrmeut, These amounts shall bcar interest at the Note rate from the daCe of disUursement <br /> and shall be payable, with such interesY, upon notice from Lender to Borrower requesting payment. <br /> If this Security Insfaunent is on a leasehold, Borrower shall comply with all flie provisions of flie lease. If <br /> Boxxowa aequiz-es fee tiTle to fhe Properry, the leasehold and the fee ti.tle shall not merge unless Landet <br /> agrees fo the merger in wiiting. <br /> 10. M ortgage Insurance. If Lender required?VIortgage Insurance as a condition of xnaking the Loan, Borrower <br /> shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, tlie <br /> Mortgage Insurance coverage required by Lender ceases to be available from die mortgage insurer that <br /> previously provided such insurance and Borrower was requirecl to malce separately designated payments <br /> towud the preiniuins for Mortgage Insurance, Borrower shall pay the premiwns req�nred to obtain coverage <br /> subst2ntially equivalent to the Mortgage Inswa�ce pre��iously in effect, at a cost substantially equivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, from an alterna.te mortgage insiffer <br /> seleeted by Lender. If suUstantially equivalent Mortgage Insurance coveaage is not available, Borrowar shall <br /> NFS.^�,ASKASin IeFzmil -FannietdaelFretltlieMacUNIFORM INSTRURIENT 24001�h2 <br /> VMP� � Y VMPG(NEJ(110�) <br /> W ol:ets Kluwet Financiel Services pz9y g o{�� <br />