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��14��573 <br /> far the repairs and restora�ian in a single paymen� or in a ser�es of pr�gress payrnents as the wnrk is <br /> campleted. If the insurance ar c�ndemnation proc�eds ar�not suffi�ient ta repair ar restore the Praperty, <br /> Borrower is not relie�ed af Barrower's obligation for the�anlpletion af su�h repair or restaration. <br /> Lend�r or its agent ma� make reasonable�ntries upon and izaspect�ons of the Prapert�. If i�has r�asonab�e <br /> cause, L�nder may inspe�t the int�riar of the impro�emen�s on the Property. Lender shall giW�Borrawer <br /> no��ce at�he t�m�af ar prior t� su�h an int�ri�r in�pection spe�ifying such r�asonable�ause. <br /> 8. Barrower's Loan App�icati�n. Barrower shal�be in defau�t if, durin�the Loan applzca�ion process, <br /> Borrow�r ar any persons or�nt����s acting a��he direct�an of Barrower ar w�th Borraw�r's knowl�dge or <br /> consent ga�e materia�iy fa�se, mi�leading, �r inaccurate informati�n or statements to L�n�ier�or faiied ta <br /> pro��de Lend�r w�th materia� �nforma��on} in c�nneGtian with the Loan. Mat�rial repr�sen�ations �nc�ude, but <br /> are nat limited t�, representa��ons concern�ng B�rrower's o�cupancy of�he Pr�per�y as Borrower's pr�nc�pa� <br /> residence. <br /> 9. Protectivn �f Lender'� Interest in the Property and Rights LJnder this Secur�ty �nstrument. If�a} <br /> Borr�wer fa��s t�perfarm the co�enants and agreemen�s c�nta�n�d �n thi� Se�ur�ty �nstrument, ��} �here �s a <br /> legal proceeding that m�ght signi�can�ly affec�L�nder's �nterest in the Property andlor rights under this <br /> Securi�y Instrument ��uch as a proceeding �n bankruptcy, prabate, far candemnation or forfei�ure, for <br /> enf�rcemen�of a Iien tivhich may attain pr�ori�y over�his Security Instrument ar to enforce laws ar <br /> regu�a��ons}, or�c} Borrower has a�andaned�h�Proper�y, �hen Lender may do and pay for whate�er is <br /> reasonab�e or approprzate�a pr��ect L�nder's interes� in�he Pr�per�y and rights under th�s S�curzty <br /> Instrumen�, �nclu��ng pro�ect�ng andlor assess�ng the va�ue of�he Proper�y, and securing andlor r�pairing <br /> the Pr�per�y. L�nder's a�tions can inc�ud�, but ar�na��irnited to: �a}paying any sum�s�cured by a lien <br /> wh�c�.�as pr��rit�o��r�his S�curity �nstrumen�; �b} appearing �n�our�; and�c}pa���g r�asQnab��a�t�rneys' <br /> fees��protec���s �n�erest in the Praper�y andlor r�ghts under th�s�ecur�ty �n�trument, �n��ud�ng �ts secur�d <br /> pasition in a bankruptcy prac�ed�ng. Se�uring�he Praper�y inc�udes, but is n�t linlited tQ, en�ering �he <br /> Proper�y to make repairs, change�ocks, replace or baard up doors and windows, drain water fr�m pipes, <br /> elimina�e building ar ather code via�a�ians or dangeraus candit�ons, and ha�e util�ties turned an ar off. <br /> Althaugh Lender may tal�e actian under th�s Secti�n�, Lender does nat have t�d� so and is n�t under any <br /> duty or ab��gat�an�o do so. I��s agreed that Lender incurs no 1�abi�ity for not tak�n� any or a�� act�ons <br /> authorized under�h�s Sec��on 9. <br /> Any amaunts d���ursed by Lender under this Sectian 9 sha�l b���me addi�ianal debt of B�rrQwer se�ured by <br /> thzs Secur�ty �nstrument. Thes�amQunts sha���ear in�er�s�a�th�N��e ra�e from the dat�of disburs�rn�nt <br /> and s�a��b�payab�e, w�th such�nteres�, up�n natice from Lender�o Borro�ver request�ng payment. <br /> If this Security�ns�rument �s an a�easehold, Borrower s�al� Gan�pl�wi�h a�l the pra�isions�f the lea,�e. �f <br /> Borrotiv�r acquires fee title to the Proper�y, the�easeha�d and the fe�title sha11 nat merge un��ss Lender <br /> agrees�o the merger in�riting. <br /> 'I�. Nlvrtgage Insurance. �f Lender required N�or�gage �nsuranc�as a c�nd���on of makzng the Loan, Barrower <br /> shall pay�he pr�m.iu�ms requ�r�d�o mainta�n�he Mor�gage �nsuranc� in eff�ct. �f, for any r�ason, �he <br /> Mar�gage Insuran�e�a�erage required by Lender cease� �a be a�ailabl�from�he martgage insurer tha� <br /> prev�ous�y prn�zd�d such insuran��and Borr�wer was r�quired to m.ake separate�y des�gnat��paymen�s <br /> toward�he prem�ums for Mortgage�nsurance, Borraw�r sha��pay the pr�maiums requ�red ta abtain cov�rage <br /> su�s�antial�y equi�ralen�to the N�or�gage�nsurance pre��ous�y �n effect, at a cost�ubstan�ially equivalent�o <br /> �he cos��o Borrower of��ie�Vlo�gage Insuranc�prev�ousl�in effect, from an a�ternate martgage insurer <br /> select�d by Lender. If sub��antially equi�alent Mar�gage Insurance coverage is not a�ai�able, Borrow�r sha�l <br /> N�BRAS�A-Single Fami�y-Far�nie MaelFreddie Mac UNI�aRM 1NSTRtJM�NT �arm 34�8 7101 <br /> VMP� VMPB{N��t�302y <br /> Wafters Kluwer F�nar�cial Ser�ices Page 8❑f 17 <br />