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201209436 for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If Ihe insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borcower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, L.ender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. S. Borrower's Loan Application. Borrower shall be in default if, during the I,oan applica[ion process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's lmowledge or consent gave materially false, misleading, or inaccuraze information or statemen[s to Lender(or failed to pmvide Lender with material informa[ion) in connection wi[h the Loan. Material representations include, 6ut are not limited to, representations conceming Borruwer's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) Sorrower fails to perfortn[he covenan[s and agreements contained in[his Security Instrument, @) there is a legal procceding that might significantly affect Lender's interest in the Property and/or rights under this Security Instniment (such as a proceeding in bankruptcy, pro6ate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or(c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate ro protect Lender's inte�est in the Property and rights under this Security Insmiment, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but aze not limited to: (a) paying any sums secured by a lien which has prioriry over this Security Instrument (b) appearing in court; and(c)paying reasonable attomeys' fees to protect its interest in the Property and�or rights under this Security Instnunent, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Properry to make repairs, change locks, replace or boazd up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous wnditions, and have utilities turned on or off. Although Lender may take action under this Sectio� 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not talting any or all actions authorized under this Section 9. My amounts disbursed hy Lender under this Section 9 shall become additional debt of Borrower secured by this S�urity Instnunent. These amounts shall Ueaz interest at the Note rate from the da[e of disbursemern and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions oF[he lease. If Borrower acquires fee[itle to the Property, the leasehold and the fee tiUe shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurence. If Lender required Mortgage Insurance as a condition of making the 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 sepazately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage su6stan[ially equivalent to the Mortgage Insurance previously in eff�t, at a cost substantially equivalent to the cost to Borrower of the Mortgage Iasurance previously in efFect, from an altemate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall NE9P.45KP.-Single Famlly-Fannle Mae/Fretltlie Mac UNIFOPM INSTRUMENT Fo�m 3028 V01 VMP� VMPBINE��11051.00 Wolwrs Kluwer Financiel Services Page B ot 1]