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s ��14��97 for��ie�•epa�rs�t�c�t�estora��ot1 in a single paytnerit o��i�1 a series of��rog�ess paym�t�.ts as the wo��1��s coinpleted. If the insL��at�ce ar ca�ldemnatia��roceed�are not s�.�fficiellt�o��ep�.i��o��estore the Pro�ae��ty, Bo��rovvet•is r�a�t:el�eved of B��•ro�e�'s o1��igation for t�ie completion af su�h��epair o��res�oratio�l. Len�e��or��s agent nzay mal�e reaso��a�1e en�ries upon��d it�spe�tions of�he Pt•oper�y, Zf��as re�sona�Ie cause, Lellder may ins�aec��the intet{io�of tl�e i�a�p�•ovements o��he P��opet{ty. Lenc�ei•s��all give Borro�ver natice a��ie time o�o�•pr�ot•to su�11 an i�l�eriot x�as�ection s�ecifyi�a.g suc��rea�onable ca�se. �. Borr�vuer's Loa� Appfica�ion, �o�•rower sha��be�n defaul��f, c�L��ing the Loaxi a1��licatio�l pt�acess, Borrourer�r any persons�r e��ities ac�i��g a��he�irec�io�1 af Bo�+t1ovver o��zth Borrawe�•'s knowle�ge or conse��gave�n�.teria��y false; misleadi�lg, o�it�accura�e i�lforr�atron ot sta�en�en�s�o Lender�or fai�ed to pro��.e Lender�vi�11 n�a�erial information} in cannec�ian�itla the Loan, N.�aterial representations inc�ude, Uu� a�•e no��i�1l�ted�o, �•e��esentaf:ions c�rlcern�n�;T3orrov�er's occupancy of the Property as Borrowe�•'s pi•�nctpal t��sidence� 9. Pr��ec�ion �f Lend�rr� In�e��s� ir� the pr�pe�� an� F�igh�s �nder�his S��uri�y [ns�ru�ent. �f(�.� Bo��•ower f�.i�s�a perfo�•m��e�o�e��a�nts an�.ag�•eenle�.�.�;s co�.t�tined in�his Se��rity��s��.•uri-�en�, ��1�ere is�. leg�.l procee�.ing��at might s�g��zificar�tly affe��Le��de��'s in.te�•est in��e P�•o�er�y a��dlo��ig��ts under�l�is Secu�'ity I�str��i11e�1�(suCi1 as a�a�•oceedt�g in�anl�ruptcy, p�•ot�ate, for ca��de��rr��io�1 or fo�•fezl:z�re, fo�• e�if��cerile�a�oF a lien w�lich n�ay a��ai�1��i�o��ity over�h�s Securz�y xns�r��men�o��to enfo��e l�ws o�• regula�io�ls�, or(c}Bor�•owe�•h�.s aban�.o�led tf��P��operty, tihen Lender��ay d�a��d pay�for u��1��ever�s reasariabl.e or�ppt�opr ia�e to pro�ec�Lender's i��eres�in�he P�o�et-ty and rigia�s L�nder�1�is Secux xty ��as�r�.�rnen�, inclt��.ing��otec�i��g andlo��assessitlg��e�aIL��of t�le Pt�o�et��y, a�c�sect��x�g a�dlor i�epair�ng t�e P rape�5ty. Len�er's ac�io�s��.��i��clude, bu�at:e�o�limi�ed to: (a}p ayitlg any sums secL�r��.by a 1fei� wl�ic�l has�rio��i�y ove�this Securi�y�ns�r��nent; �1��appearing i��cot��t; and�c}p�,yx�ag��easoi�a��e at�o��rieys' fees��t�o�ect i�s �nte�•es�in�h�Pt•ope�•tiy�.tadlo��gh�s�.indet��is Secu�•ity Ttlstru�ne�a�, 1X1C�L1C�1�1�1�S 5�C1.�1 eC� posi�ion i�.a banl�ruptcy p��ocee�.iilg, Secu�•i�g ttle Prop�tity iilcl�.�des, bti�is no�I�n�i�ed to, en�ertr�g the Proper�y�o ma�fe��epairs, �l�ai��e�ocics, r�p�ace ar board u�doors ar�d vv�ndov�rs, d��in w�.te�•f�ori�pipes, elimitlate lau�1�.��g o��o�her code vio�ations ot�dang��ous ca�cli�iotls, a��d have u�i�i�ies��.�t-ned o�o��off. A�tha�g�Lei�der tnay talfe ac��o��ade��t�1i� Sec��on 9, Len�.er does not 1��re�o do so a��d is no�u��d��•any dut�r or obl�g�.tiox��;a do so, Y�is ag�'ee�.that Ler�de��incL�rs t�o liabr�i�y;Fo��no��a��ir�g at�y or�.�1 �.c�ior�s aui:�io�-�zec��nder�1�is Sec�io119, Ai��an�ou��s d�sbu��sed by Lend.et i�nd��•�hrs Sec��on 9 sh�11�ecome ad�itional deb�aC Bor�•a�ver se�ured by �his Securi��Ii�s�ru�nen�. These a��.aun�s s�1a�I�eai•��erest at��e Note ra�e from�he�.a�e o��.isburserner�t ar�d sha�1 be pa�ab�e; wi�l�s��c��inte�:es�, t�por��.ottce fram Lender�o Bo��rnwer reqttesting pa�ment. Zf�his Sec�uri�,y It�s�i�ume��s on a Iease�lold, Bo�•�owe��s��.11 co��ply�it�i a�l�l�e pi�avrsror�s of�he lea�e, rf Bo�:��owe�•ac�uires fee�itle�o t�e Prope�i�ys �he Tease��ol�at�d�.lae�ee�i��e sI1�.11 no�xnet�ge ut��ss Lendet• �.grees to the me��et•i�1 wri�ir�g, 'I�. I�o��a�e I nsu ranee. If Let�de��requ.if ed Mo�•��age Iri�ut•af�ce as�.cond�tiotl of��al�ing the Loaf�, Bort•owe�• sia�.�i pay��e p�°ei��iL�n�s�•ec��.�ire�.to�nai��tain�lze Mot,�gage I��su�•ance in eff�c�. If, fo��.ny reason, �he Mor�gage Insu��ce coverag��eq��if�e�.l�y L.�nder:cease�1;a�be�.vaila�le�'t•o�ra.t11e mor�gage��sti��tl�at p�e�r�ous�y��o��ded st�ch insu��.�nce ar�d Bo��°a�uer��s�°equired to ma��sepai•a�e1y deszgn��ed�ayme��s �ovvarc�t1�e prer��i�.�n�s ra��NXo�i�gage x�sut•a.ilce, Bort ower s1��.��p�.y t��e��emiu�aas rec�ui��ed��obta�n cover�.ge sL�Usta.��i�.11y equi�aleri�to the Mo�tg�.g�T�nsL��t1ce previous�y i��efFect, �.�a cast subs��i�tia�l�equ�va�eri�to t�l�cost to Bot•t•ower of i:��.e 1V.Ta�tga��t�s�.�t�ance�revious�y��effec�, fro�n an alternat�mo�•�g�ge insL�t��r se�ec�ed by Le��.ex. Zf su�sta�ltially ec�uiva�en�Mortgag�Insur�.nce covet•ag�is no��:vai�a�ie, Bo��t•owei•s��a11 2�4qa59�E N��RASKA-5ir�gle�am31y-Far�nla M ael�reddia M ac UN1�4RM kN5TRLIM�NT Form 3�28 91U1 VMP� VM��NE��1302) Waiters Kluwar�inancial Services Page 8 af 17