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��14�4��4 <br /> proceeds f�r such�urposes. Lender may di.sburse proceeds for�he repa�rs and res��ra��on�n a single paymen�or�n <br /> a series af progress payments as the work is cample�ed. If�he�nsurance or candemnat�on proceeds are no�suf�icient <br /> to repa�r or restore the Property, I3orroWer is no�rel�eved a�Barrower's obl��ation far�he comp�et�on of su�h repa�r <br /> or restoration. <br /> Lender or�ts agen�may make r�asonab�e entr�es up�n and i.nspections of the Property. If i�has reasonab�e cause, <br /> Lender may�nspect�he�.n�er�or af�he i.mprovem�nts an the Praperty. Lender shal�gi.ve Barrower notice a�the time <br /> �f�r pr�ar�o such an i.nterior in,spec�ion spec�fying such reasonab�e cause. <br /> 8, I3arr�wer's Loan Appi�cat�on. Borrawer sha�I be zn defau�� if, dur�ng the Loan app��ca��on process, <br /> Borr�wer or any persans or en�ities acti�n.g at the direction of Bflrrawer or w�th Borrower's knowledge or cansen��ave <br /> materially fa.l.se, mis�ead�ng, or inaccura�e�nformat�on ar s�a.temen�s to Lender �or failed to prav�de Lender w�th <br /> materxa� i.xzfarma�ion) in connec�ion v�ith the Laan. �Vlater�a� represen�at�ons �.nc�ude," but are not ��ted ta, <br /> represen�ations concerning Borrawer's occupancy of the Property as�3orrower's princ�pal residen�e. <br /> 9. Protectian of Lender{s Interest�n the PropeY-ty and Rights Under this �ecur�ty Instrumen� If�a� <br /> BorroWer fails to perform the covenants and a�re�men�s conta.ined in�his Security Instrumen�, �b�there is a legal <br /> praceecling�hat might si�ficant�y affect Lender's interest�n the Praper�y andlar r�ghts under�hi.s Security Instrumen� <br /> �such as a praceeding��n bankruptcy, probat�, for candemnat�an or forfeitu.r�, for enforcement of a I�.en wh�ch may <br /> attaxn priari�y over this Secur��y Instrument or�o enfor�e�aws ar regulations}, ar (c} Barrower has abandoned the <br /> Property, then Lender rnay da and pay f�r vvha�ever is reasonab�e or appropriate�o pro�ect Lender's�nterest in the <br /> Property and rYghts under this Securi�y Instrurnent, �ncluding pratec�ina and.lor assessing the va�ue of�he Property, <br /> and securing andJor repa�ring the Property. Lender'�actions can�nc�ude, bu�are no���m��ed to: �a�paying any sums <br /> secured by a l�en which has pr�orifiy over th�s Security Instrumen�; �b�appear�ng�n caurt; and�c}paying reasonab�e <br /> attorneys' fees ta prot�ct��s�nteres�in th�Praperty andlor r�ghts under th�s Securi�y Ynstrumen�, znc�udi.ng i#s secured <br /> pos��ion�n a bax�krupt�y proceedin�. Securing the Praperty includes, bu��s n�t l�m��ed to, en�erin�the Praperty to <br /> make repairs, chan�e�ocks, repla��or board up doors and�vin.dovvs, dra�n water from p�pes, ��unina�e building a�r <br /> o�her code vialatians or dangerous conditions, and have uti���ies turned on or aff: Alth�ugh Lender may�a.ke act�on <br /> under�hi.s Section 9, Lender does na�have to da so and�s no�under any duty ar�bligat�fln to da sa. It is agreed tha� � <br /> Lender�curs no�iabil�ty for not�aking any or a�l actxans autharized under�us S�c��on 9. <br /> An�amoun�,s disbursed by Lender under thxs Sect�on 9 sha��become addit�onal debt of Borrower secured�y�h.�s <br /> S�curity Instrument. These amoun�s sha1� bear�nterest at the Note rat�from the date�f dzsbursemen�and sha��be <br /> payable, with such�n�erest, upon no�ice from Lender to Borravuer request�ng payment. <br /> If this Secur�ty Instrumen� �s on a �easehold, Bor�awer shall comp�y wi�h a1I the pr�v�s�.ons af the lease. <br /> Borrativer sha�I not surrender the Ieaseho�d esta.te and interes�s herein conveyed or termina�e or cance�the�raund�ease. <br /> Borrower sha��nat, w��hout the express wr�t�en consen�of Lender, alter or amend the ground �ease. If Borrowe� <br /> acquires fee tit�e�o the Property, �h�Ieasehn�d and the fee title sha�� na�merge un�ess Lend�r agr-ees to the merg�r <br /> xn writing- <br /> la. A�signment Qf M�scellaneous Proceeds;Farfe�ture. AI� M�sce��ane�us Proceeds are hereby ass�bned to <br /> and sha��be pa�d to Lender. <br /> If�he Pr�per�y�s damaged, such M�scel�aneous Proceeds sha�I be app�ied to res�oration or repair of the Prop�rty, <br /> if the restorat�an or repa�r is ec�nomical�y feas�ble and Lend�r's securi�y is not lessened. Durinb such repa�r and <br /> restora�ion periad, Lender sha�� have �he righ� ta ho�d such Miscellaneous Proceeds until Lender has had an <br /> opportun�ty to inspect such Properiy�o ensu.re�he vvork has been campleted to Lendert s sat�sfact�on, pravided tha� <br /> such�nspectian shall be underta.ken promp��y. Lender may pay for�he repa�rs and restaration in a szng�e clisbursemen� <br /> or in a series af pragress paym�ents as the wark�s camp�e�ed. Unless an agreem.en�is made an wr�ting ar App�icable <br /> Law requires interes�ta be paid�n such Mzsc���aneous Praceeds, Lender shall not be requ�red�o pay Sorrower any . <br /> in�erest or earn�ngs an such M�sce��aneaus Proceed�. If�he restaration or repair �s not ecanomically feasible or <br /> Lend�r's secur�ty would be lessened,the IVl�scel�aneaus Proceeds sha��be appi�ed to�he sums secured by this Secur��ty <br /> Instrument, whe�her or nat th�n due, with the excess, if any, paid�a Borro�ver. 5uch Misce��aneous Praceeds shall <br /> be appl�ed in the arder prov�ded for�n Section 2. <br /> �[EBRAS€�A--Sing�e Family---UIV�FORM INSTRUMENT ������ o <br /> MDDIFIED F�R DEPARTMENT �F VETERANS aFFA1R5 v�ww.�v�magic,co�ra <br /> �REV. '!1 fl�} Pag e 7 a� 14 <br />