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201209435 for the repairs and resroration in a single payment or in a series of progress payments as the work is completed. IF the insurance or condemnation proceeds aze not sufficient to repair or restore[he Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. I.ender or i[s agent may make reasona6le entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvemen[s on the Property. l.ender shall give Borrower notice at the time of or prior to such an interior icispection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at[he direction of Borrower or with Borrower's knowledge or wnsent gave materially false, misleading, or inaccurate information or s[atemen[s to l.ender(or failed to provide L.ender with material informa[ion) in connection with the Loan. Material represen[atioas include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lendar's Interest in the Praperty and Rights Under this Security Instrument. If(a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b)there is a legal procceding that might significantly afFect Lender's interest in[he Property and/or righ[s under this Security Insuument (such as a pmceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain prioriry over this Securiry Instrument or ro enforce laws or regula[ions), or(c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriaze to protect Lender's interest in the Property and rights under this Security Instnunent, including protecting and/or assessing the value of the Property, and securing and/or repairing the Properry. L.ender's actions can include, but are not limited to: (a)paying any sums secured by a lien which has priority over this Securiry Instrumenr, (b) appearing in wurt; and (c) paying reasonable attomeys' fees ro pro[ec[ its interest in the Property and/or rights under this Security Instrumen[, including its se�ured position in a bankruptcy proceeding. Securing the Property i�cludes, but is not limi[ed tq entering the Property to make repairs, change locks, replace or boazd up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have[o do so a�d is no[under any duty or obligation ro do so. It is agreed that I.ender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts dis6ursed by Lender under this Section 9 shall become addi[ional debt of Borrower secuted by this Security Instrument. These amounts shall beaz interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Bonower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Proper[y, the leasehold and the feE title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insu�ance as a condi[ion of making[he Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated paymen[s roward[he premiums for Mortgage Insurance, Borrower shall pay [he premiums required to o6tain coverage substantially equivalent to the Mortgage I�surance previously in effect, at a cost substantially equivalent to the cos[ to Borrower of the Mortgage Insurance previously in effect, from an altemate mortgage insurer selected 6y Lender. If subs[antially equivalent Mortgage Insurance coverage is not available, Borrower shall NEBFASKH-Single Femily-Fannie Mae/Fretltlie Mac UNIFORM INSTRUMcNT Form 3020 1;01 VMP� yMP61NE)11105).00 Wol[ers Kluwer Flnancial Services Page 8 af 1]