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201209310 for the repairs and restor�tion in a single payment ar in a sexies of pro��ess payinente ns the work is completed. If the inswance or ooudemnation prooeeds are not sufticient to repair or restore tlie Properfy, Borrower is not relieved of Borrower's obligation for tlie completion oF such repair or restioration. Lender or its agent may make raasonable entries upon and inspecTiona of the Property. If it lnas raasonable cause, Lender may inspect flie interior of the im��rovements on the Property. Lender sUall give Borrower noticc at the cime of or prior ta such�n inGcrior inspeclion specifying such reasrniable ca'uae. 8. Borrower's Lban /�lpplica�ion. Boirower shall be in deflulC if, ciuring the Lonn a�licationpracesa, Borxower or any persons or enkities acting at the directiou of Darrower or with Borrower's knowledge or consent gave inateiially false, misleading, or inaccm�ate�infonnntion or statementa to I,ender (or failed to pravide Lender with material information)in connection with the Lo�ui. Mnterial representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Rorrower's principal residence. 9. I�rotection of Lender's Interest in the Property and Rights llnder this Security Instrument. If(a) Bor,rower fails to parf'orm Uie covenants and agreeinents contained in tJii��Security lnsfiu�nent, (b) fl�ere is a legal proceeding that inight significantly affect L�nder's ii2Cerest ni Ehe YroperLy and/or rights under Clvs Scciu�iCy Ins�i�un�ent(auch�a a proceeding in buflcrnptoy, probnte, £or condeimiation or forPeiture, for enforeement of a lien which may atta�i priority over tliis Security Histiwnent or to euforce laws or regulations), or(c)I3orrowet has abandoned tl�o Pr��perty, thcn Lender may Jo and pEry for whaCever is reasonable or appropriafe Co proteot Leuder's interest in the Property uid righte under this 3ectuity Instrument, inoluding�rotectin�and/or �ssessing the value of the Property, and secming antUor repairing tihe ProperCy. Lender's aotions can include, but ace not limited to: (�) payin{; any Suv�s sccurcd Uy a licn which has piiority over tliis Security Instr�iuzenf; {b) appcaring in r,ourC; and(c)paying reasonable attorneya' Fees to proteot ife intcrest in tUe Properly�nd/or righls under this Security InstrumenE, inoluding its aecureci position in a bankruptcy proceeding. Securing the Property iucludes, Uut is not litnited to, enYering tlie Piroperty Eo make repairs, cl�2nge locks, replaoe or Uo�u d up doore And windows, drain water fi�om pipes, �eliminate building or otl�er code violations or dan{;crous conditions, and havn utilifies Cnrned on or ofP. AlthougJi Lencler inay take�etion under [his Secrion 9, Lender does not h�ve to do so and is not under any duty or oblig2tion fo do so. It is agseed tliat Lender incw�s uo liability for not t�alcing any or a11 nctions autliorized under tlais Section 9. Any ntizounCs disbtused by Lender under tliis Section 9 shall Uecome aclditiona7 deUt of Rorrowcr sccured Uy Uiis Seourity Insh�ttme�it. "Cllese auiotimts shall bcar interest aC thc NoCe rate fi�om fhe dale o�f disbuxsen�ent and shall bc�payal�la, with such interesu, tiipon notice from Lender ta Borxok=er requeating payment. If this Security luyh•ument is on a leasohtild, Borrowcr shall eomply wiCh all ihe provisions ol fhe lenae. IF Borrowcr acquires fee tifle to Ihe Properly, fhe leasehold and the fee fitle sl�ell not nterge unless Lender ngrees to the merger in writing. 10. M ortgage IP�surance. ]f Lender required Mortgage iusur�iicc as a condition of ix�aking fhe Loan, Borrower eliall pay the�areiniums required Co innintain 6he Moxtgage Is�surnnce in effect. If, for any reAson, the Mortgage Ineurance coverage raquired by Le�ider ceases to ba available fcom the inortgage insurer that pre�iously peovided such insurance aud]3arrower was rcquirccl to malce scparatcly dcsign�lcd pay��ients towarcl the preiniums for Mortgttgo Ineurance, Borrower ehall pay the premiums rec�tired to obtain ooverage sribs4u�tiallq eqixivalenC fo t(�e Mor[gage Insm�ance pxeviously in effeot, ��cost aubstanYially equivalenY to the cost to Borrower of the Mortgage Insuramce previotasly in eff'eot, from an elternata inorCgaga 'rnemer selected by Lendar. PL substiant�ially equivalent Moctgage I�isuraAice coverage is not avail�ble, Borrower shall zaoozsos NEOR/�SK�-Singla Pemily-f-annfe Meelfredtll�Mac IlNIPORM INSTROMENT Form 3028 1701 VM P(� VM P6(NE)(1106$ W oltere ICluw e�Flnaneiel 3ervlees Pn9n A ni 1]