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� for tlie repairs and restorndon in a single payment or in a series oF progress payments as the «+ork is completed if 11ie insurance or condemna�i�n proceeds are not s�rFficient to repair or restore the Properiy, Borrower is not relieved of Borrower's obligation for tlie completion af such repair or restoration. � Lender or its agent may make reasonable entries apon and inspections of the Property. If it I�as reasonable cause, Lender may inspect the interior of the improvements on die Properiy. Lender shall give Horrower notice at the time of or prior lo such an interior inspection specifying such reasonable cause. 8. Borrower's LoanApplication.Borrorver shall be in default if, during the Loan applicationprocess, Borrower or any persons or entities acting at the direction of Bono�ver or with Borrower's knorvledge or consent gave materia�ly false, misIeading, or inaccurate infarmation or statements to Lender (or failed to pz�ovide Lender �vith material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Properiy as Borm��er's principal residence. 9. Protectionof Lender'sEnterest in the Propertyand RightsUnderthisSecuritylnstrument.If (a} Borrower fails la perform the covenants and agreements contained in tlus Security Instrument, (b) fliere is a legal proceeding that might significantly affect Lender's interest in �lie Properiy andlor rights under this Security Tnstnunent (such as a proceediug in bankruptcy, probate, for condemnation or forfeihue, for enforcement of a lien which may attain prioriiy over this Security Instnunenfi or to enforce laws or regulations), or (c} Borrower has abandoned lhe Properiy, then Lender may do and pay for wl�atever is reasonable or appropriate to protect Lender's interest in the Property and riglits under tlris Security Instrument, including protecting and/or assessing the value of the Properiy, and securing and/or repairing the Progerty. Lender's actions can include, but axe not limited to: (a) paying any sums secured by a lien wluch has priority over this Security Instniment; (b) appearing in court; and (c) paying reasonable attomeys' fees ro protect its interest in the Properiy and/or rights undex this Security Instnunent, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Properiy to make repaics, change locks, replace or board up doors and rvindows, drain water from pipes, eliminate building or other code viola.tions or dangerous conditions, and have utilifies tumed on or off. Although Lender rnay take aciion under this Section 9, Lender does not liave to do so and is not under any duly or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Seclion 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts sl�all bear interest at the Note rate from the date of disbursement and shall be payable, Fvith such interest, upan norice fmm Lender to Borrower requesting payment. If ttris Security Inst�tument is on a leasehold, Borro�ver shall comply with aIl Yhe provisions of the lease. IF Bonrower acquires fee tifle to die Property, the leasehold and the fee title sl�all not merge unless Lender agrees to the mezger in cvxiting. 70. Martgage Insurance.If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiwms requi.red to maintain the Mortgage Insurance in effect If, for any reason, tlie Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously pmvided such insurance and Borrower was required to make separalely designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost sabstantially equivalent to the cost ta Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Morlgage Inswraz►ce coverage is not available, Borrower shall VE � KASingte Family-Fannie Mae/Fraddle Mae UMFORM IN3TRUMENT Form 30281/01 Woltera Kiuwer Flnanctal Servtc� �� g�aj� 7