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201403722 <br /> . for the repairs and restoration in a single payment or in a series of progress payments as the work is <br /> completed.If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, <br /> Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br /> Lender or its agent may make reasonable entries upon and inspections of the Property.If it has reasonable <br /> cause,Lender may inspect the interior of the improvements on the Property.Lender shall give Borrower <br /> notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's Loan App cation.Borrower shall be in default it during the Loan application process, <br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or <br /> consent gave materially false,misleading,or inaccurate information or statements to Lender(or failed to <br /> provide Lender with material information)in connection with the Loan.Material representations include,but <br /> are not limited to,representations concerning Borrower's occupancy of the Property as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Internet In the Properly and Rights Under thks Smarty Instrument.If(a) <br /> Borrower fails to perform the covenants and agreements contained in this Security Instromemt,(b)there is a <br /> legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this <br /> Security Instrument(such as a proceeding in bankruptcy,probate,for condemnation or forfeiture,for <br /> enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br /> regulations),or(c)Borrower has abandoned the Property,then Lender may do and pay for whatever is <br /> reasonable or appropriate to protect Lender's interest in the Property and tights under this Security <br /> Instrument,including protecting and/or assessing the value of the Property,and securing and/or repairing <br /> the Property.Lender's actions can include,but are not limited to:(a)paying any sums secured by a lien <br /> which has priority over this Security Instrument;(b)appearing in court and(c)paying reasonable attorneys' <br /> fees to protect its interest in the Property and/or rights under this Security Instrument,including its secured <br /> position in a bankruptcy proceeding.Securing the Property includes,but is not limited to,entering the <br /> Properly to make repairs,change locks,replace or board up doors and windows,drain water from pipes, <br /> eliminate building or other code violations or dangerous conditions,and have utilities turned on or off <br /> Although Lender may take action under this Section 9,Lender does not have to do so and is not under any <br /> duty or obligation to do so.it is agreed that Lender incurs no liability for not taking any or all actions <br /> authorized under this Section 9. <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by <br /> this Security Instrument.These amounts shall bear interest at the Note rate from the date of disbursement <br /> and shall be payable,with such interest,upon notice from Lender to Borrower requesting payment. <br /> If this Security Instrument is on a leasehold,Borrower shall comply with all the provisions of the lease.If <br /> Borrower acquires fee title to the Property,the leasehold and the fee title shall not merge unless Lender <br /> agrees to the merger in writing. <br /> i 0. Mortgage Insurance.If Lender required Mortgage Insurance as a condition of making the Loan,Borrower <br /> shall pay the premiums required to maintain the Mortgage Insurance in effect.If for any reason,the <br /> Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br /> previously provided such insurance and Borrower was required to make separately designated payments <br /> toward the premiums for Mortgage Insurance,Borrower shall pay the premiums required to obtain coverage <br /> substantially equivalent to the Mortgage Insurance previously ha effect,at a cost subsnmt i lly equivalent t to <br /> the cost to Borrower of the Mortgage Insurance previously in effect,from an alternate mortgage insurer <br /> selected by Lender.If substantially equivalent Mortgage Insurance coverage is not available,Borrower shall <br /> NW=412727 120158 <br /> P► ►Faiar.FMwreMaaPPOtla.MODUe msISTRUMENT �aDg'Lr01a1100�1 <br /> MMus Worm AMON%Men Pf Saor 17 <br />