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201209534 for the repass and restoratian in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation pxoceeda aze not sufficiant to repair or restore the,Property, Borrower vs not relievec3 of Borrower's obligation for thc completion of such repair or restora#ion. Lender or its agent may make xeasonable entries upon and v�spections of thc Property. If it has rea,onable cause, Lender may inspect the interiar of the improveinents on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspedion specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shali be in default if, during the Loan applicarion process, Sorrower or any persons or entities acting at the direcrion of Borrower or with Borrower's knowledge or consent gave mater.'atly false, mi�leading, or inaccurate information or statement�to Lender(or failed to provide Lender wzth matexial inforenation) in co;uiection with the Loan. Natetial representations include, but are not limlted to, represent2iions conceming Borrower's occupancy of flie Property as Borrowex's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this SecurRy Ins#rument. If(a) Borrou�er fails to perform the aovenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affecf Lender's interest in the Properry and/or rights under this Seeurity Ins7rument(such as a proceeding in baiilcruptcy, probate; for condetnnation or forFeiture, for enforcement of a lien which may attain priority over this Securiry Insuvment or to enforce laws or regulations), or(c) Borrower has abandoned the Propertg, then Lender may do and pay foi whate��er is zeasonable or appcopriaYe ta protect Lender's interesf;n the Properry and rights under this Seeurity Instnunent, including protecting and/or assessing the value of fhe Properry, and securing and/'or repaiiing the Property. Lender's actions can include, but are not limited ta (a)paying any sums sccured by a lien . which has priority over this Seeurity Instrument; (b)appearing in court; and(c)paying reasonablc attorneys' fees to protect its interest in the Property aud/or riahts under this 3ecurity Instrument, inclucling its secured positian in a banknxptcy proceeding. Securing ihe Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous candifions, and have utilities huned on or off. A1�though Lender may take acrion under this Secrion 9, Lender does aot fiave to do so and iS not under any duty or oUligation to do so. It is agreed that Lender incurs no liability for not taking any or all aerions anthorized under[his Seclion 9. Any amounts disbursed by Lender under this Sec�ion 9 shall Uecome additional debt of Borrower secured bc this Security Insfrument. Thcse amounts shall bear interest at the 1�ote rate�from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borro�ver requesting payinent. If this Security Instruxncnt is on.a]easehold, Borrower shall comply�s+ith all thc provisions of the lease. If Borrower acquiues fee title Yo the Property, the leasehald and the fee fitle shall aqt merge unless Lmder agees to the merger in writing. 10. M ortgage Insurance. If Lender rcquired Mortgane Insurance as a condition of makin�the Loan, Borrower shall pay the preinlums required to maintain the Mortgage InsLuance in effect. If, for any reason, the Mortgage Insuruice co�=eraga zequired by Lender ceases to be available froin flie mortgage insurer that previously provided such ins-arance and Borro«er was requiieQ to make sepazateiy desigiated payinents t�wazd the pre�niums for Mortgage Insurance, Borrower shall yay flie premiwns required to obtain coverage substantially equivalent to the Mortgage Insivanee previously in effect, at a cost substantially equivalent to fhe cost to Borrower of the Mortgage Insurance previrnusly in effect, from an altemate martgage insurer aelected by Lender. If substanfially equivalent Mortgage Insuraace coverage is not available, Borrowec 8ha11 saaoz�ao NE3FP,SKN-Slnole Fam ily-Fanni=M aelFredaie M zc IINIFORIvI INSTRUM ENT Form 3028'I;01 W olter�s Kluvv er Fnzncial Szrvi�es VM P6(N�(9�05) Page 8 af�]