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201207653 <br /> fos the repairs and restoration in a single payment oz in a series of progress pay7neutg as the wozk is <br /> cOmpleted. If the ivsurance or co�idemnation proceeds aze not su€ficient to repair or restore the Froperty, <br /> Borrower is not relieved of Borrower's obligarion Por the completion of such repair or restoration. <br /> Lender or its agent may make reasonable enfries upon and inspections of the Properry. Ff it has reasonable <br /> cavse, Lender may inspect the interior of the unprovements on the Property. Lender shall give Sorrower <br /> notice at the rime of or prior to such an interior inspection speci�ing such reasonable cause. <br /> 8. Bonower's Loan Applica4ion. Borrowet shall be in defiault if, during the Loan applicahion process, <br /> Boirower or anq persons or entities acting at fhe direction of Borrower or w3,th Borrower's knowledge or <br /> c4nsent gave materially faLse, misleading, or inacc�sate inf4rmation or statements Yo Leiider(or failed to <br /> provide Lender urith material information)in connection with the Loan. Materiai representafions include, but <br /> ara not]imiYed to, representations concerning Bonower's orcupancy o£the Property as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> Borrower fails to perform the covea�wts and agreemcnts contained in this Security Inshvment, (b)thcrc is a <br /> legal praceeding that wight significautly affecf Lende['s interest in the Pro,perty aud/ox rights under this <br /> Security Iflstrument(such as a procecd�ng 3n banlnu�7tey, probate, for condemnalion or forfeiture, f'or � <br /> enforcement of a lien which may attain priority over[his Security Inskrument or to enforce laws or <br /> reaulations), or(c)Borrower has abandoned rhe Property, then Lender may do and pay for whatever is <br /> reasonable or appropriate to protect Lender's interest in the Property ancl.rights under this Sccurity <br /> Instniment, inclnding protecting and/or assessing the value of the PzoperYy, and securing aud/ar repairing <br /> the Property. L.ender s actions cui include, but aze not limited to: (a)paying any smns sccured by a lien <br /> whicli has pxioxiry ovei this Securi�y Insiruinent, (b)appeazing in court; anfl(c)paying reasonable attorne}�s' <br /> fees to protect its interesC in the Property and/or rights under this Seeuzity Inshvment, including its secnred <br /> posirioa in a bazilauptcy proceeding: Securing the Proper[y includes; but is not limited io, entering the <br /> Properry to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br /> eliminate building or other code violations ar dangerous conditions, and have ufilitias tuined on or off. <br /> Although Lender may take action under this Section 9, Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lender incurs no liabiliry for not taking any or all actions <br /> authorized under this Section 9. <br /> Any amounts disbnrsed by Lender imder this Section 9 shall become additional debt of Borrower secured by <br /> trus Security Insinunent. These amounts shall beaz interest at the Note saYe from the date of disbursement <br /> and shall be payable, with such interest; upon noTice from I.ander to Bprrower.equesting paymenE. <br /> If this Security Instrument is on a leasehoid,. Borrower shall comply�nth all the provisions of the lease. If <br /> Borrower acquices fee title to Ehe Proper4y, the 1�sehold and the iee title shall not merge unless Leqder <br /> a�recs t�thc mcrger in writing. <br /> 10. M ortgage Insurance. If Lender required Mortgage Insurance as a condition of making thc Loan, 13orrofx�er <br /> shall pay the prexniums required to maintain the Mortgage Insurance in effect. If, fax any xeason, the <br /> Mortgage Insurance covcrage rcquired Uy Lender ceases to be acailable from the mortgage insurer that <br /> previously pxovided such insuzanGe�nd Boriower was required to i�nake sepazately designatzd payments <br /> toward the premiums for Mortgage Insurance, Borro�s�er sha11 pay the premiums required to obtain coverage <br /> substantially equivalent to the Mortgage Insurance previouslv in effect, at a cost substantially equivalent to <br /> the cost to Borrowex of the Mortgage Insurance previousty in effect, from an alternate morfgage insurer <br /> selcetcd Uy Len3a. If s�a6stanrially equivalent Mortgage I�lsurance coverage is not avai7ablz, Borrower shz11 <br /> 24002146 <br /> N'c8.RA5KA-Single Fanily-Fannie h1 ze✓Fretldie 6A ac U W FORh1 INSTROM FNT Form 302Q 1/0 5 <br /> VMP('q VMPa"(N�(1105) <br /> Wol�ers Kluwer Financiel Services PageB ofi 1� <br />