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201206906 for Che tepairs aud restoration in a single payme��t or in a scn'iee af�rogress payaneuCa as lhe work is complatied. If flie insnrance or condemuacion proceeds a�e not sufficient to repair or restore the Property, Borrower is not ralieved oP Borrower'e oblignfion for tha ooinpletion of encli repTir or restoretian. Lender or its abent may makc rcasona6le ent�ies upon etid inspectYons of the Property. M'it has reasonable cause, Lander may inspccC bhe interior of the improvemanCs on the Praperty. l.,ender sha11 givc Borrower notice ati tihe fime of ox prior to sueh an iutarioi inspec6on spa:ifying such rcaeonable cai�se. $. Borrower's Loan ApplicaEion. Barrower sha11 be in default if, diu�ing thc Loan applicafion procesa, Borrower or tiny persons or enCiCies actin�at thc dirccCiou of Borrower ox with IIoxrower's knowledge or conaexit gaue ma�Cerially false, mielexcling, or uiaccuz•ate inforination or stataments to I.ender(or�f<lilcd to provicie Lender wi.th material inforination) in cor�noctron wi4h tlie Loa�n. Material repcesentations include, but nre not limited tio, representations ec>ncerning Doxrower's occupancy of the Property as Borrowci's prinGipal residence. 9. Protec4ion of Lender's Interest in the Property and Right§ Under this 5ecurity Instrumenk IP(a) Borrower Pails to perform tl2e covenants And n�reements contained in Ehis Secnrity TnetrumenC, (6) there is n legal proceeding that might signifie�ntly aS'fect Lender's iutotcst 3n tl�e Property and/or r'xghts under Yhis Security Inetrut2ienC(suoh t�s t�ptoceeding in banlcrrxpticy, �robate, Por condenm�tion or forf'eiture, for cniPorcement of a lien which may artain prioriCy over�liis Security Instrmnent or to enf'orce 1awe ar regulations), or(c) 'Rorrowor hna abandoned the Property, fhen I,endor may do and pny for whaYever ie reasonaUle or appinpriate to protect Lendeia a interost in the Pro�er6y and rights under tliis Seourity TnsCx�im�ent, including�I>rotecking end/vr aesessuig Lhe value oF{he PropeiCy, �and secuting and/or repan�'vig �lie Propartiy. Leude��'s acti�ns can iuolude, l�ut are not limited to: (a)paying any sums secured by a lieu wlilch 1�tis priority over this Security Ivstrmnent; (b) ap}�caring in oourt; and(c)paying reasoneUle attorneys' fees to proCect its interest in the Property and/or righCa iuidei this Seem'iYy Listirumeut, including iCe secnred position in a banla•upticy proceedir�g. Secqrii�ig the Property includes, but is not linvted to, entering the Property to make repaiYe, change locka, replace or board up doors aiid wind�ws, drain water$om pipes, eliminake bui]cGng ur other code viol¢Uons or dnngorous aondiLions, nud have u6lities tm•ned on or off Although I,ender may take actioii imder this Seckion 9, Lender does noY haue to do so a��d is n��t tuider any dtity or obligation Eo do so. Tt ie agxeed that Lender uicurs no]iability for not talcing�ny or nll actions �.ufhorizec9 under this Sectiou 9. Any nmounts disbursed by Lcxider unclet thie Section 9 sliall Uecoine adciitional del�t oP Borrower secw ed by Cliis SecUrity IneLrumenl. These aniomrts shall Uea��intcrest at' fhe Noke rate fi'oin the date of disbursemetrt and shall be payable, with such intierest, upon nofice&om Lender to Borrower requesCiug paymcnt. If tliis Security Instnunent is on� laasehold, Tiorrowcr ehsdl comply with all tlle j>rovisions of the lease. lf Brnro�ver acquiiea fee title t0 th�Prope�'ty, tl�c loasehold and the f'�e tiiYle shall uot merge m�l,oss Lendc�r agrees to tha meiger in writing. 10. IUI orfgage Insurance. IP Lender required MorCgage Insuranco ae a coi7dihion of making the Loan, Borrower shall��ay the premitima requireel ta maintain tl�c Mortgage Insm•ance in ePf'ect. It; for aaiy reason, the Mortgage Ineurauce cover�e roquircd b�Ler�der eeases to be available fi�om tha inortgagc+instirer tl�ia[ pravioLtsly provided such insutancs aud Borrower v✓as requircd Co in�ke separnCely designated payinenCs towarcl fhe pretniums for Mortgage Insuranoq Borrowex shall pay Yhe preiniums required to oUtuin coverag¢ substan6ially equivalent to tlie�Mortgag0 Insi�rnnoe previously in a71'ect, af a cost substantially ec�tivalenC Co the cosC to Borrower of tl�o Moi�Cgage Insurenoe previously in offect, from�u alfernaCe morlgage insurer selected Uy i,endcr. If'su6etavtially equivalenti Mortgabo Ittsurance coverage is uot availnble, Borrowex shall --- --- — --.-- �—. z a o o i es s NEePo15KA-Single Famlly-Fannle MaelFreddie M ao UNIFORM INSTRl1MENT Ponn 302� 17�1 VMP(�} VIdPG(NE)(110b) Wollers Kluwer Flnenelal5crvinns Pepe 0 af 1�