Laserfiche WebLink
��15�5411 <br /> for the repa�rs and restaratian in a s�ngle paym�n�or�n a se�r�es of prog�ess paymen�s as the w�rk�s <br /> comp�eted. �f th��nsuranc�nr con�iemna�ion pr�c�e�s are not suff�c�ent�o repa�r ar res�ore the Proper�y, <br /> Bonr�wer�s n�t rel�eved flf Borrower'�abiigati�n fo�the cornp�et�an�f such�r�pair�r r�starat�an. <br /> Lender or�ts age��may mak�reas�nable en�ri�s upon and inspect�ons of the Praper��. �f it has reasanable <br /> cause, L�nder ma�znspect the �nter�ar af the improvem�nts on t�ae Proper�y. Lender shall gi�e Bar�rower <br /> notic�at the time of or p���r�o such an�n��r�or�nspect�on spec�fying such reason.ab�e cause. <br /> �. Borrower�s Loan Applicatian. Borrower sha�l be�n default�f, during the Loan appli�ation pracess, <br /> Borrow�r nr any persons ar en�ities acting a�the direct�on of Borrawer or with Borrower's knowledge or <br /> consen�gave material�y false, misleading, or inaccurate informatian or statem�nts to Lender�ar fai�ed�o <br /> pro�ide Lend�r wi�h materia� information} in connect��n wi�h�he Loan. Mat�rial represen�a�ions in�:lud�, bu� <br /> are nflt Iimited�a, representa�ians�on�ern�ng Borrower's occupan�y af th�Proper�y as Borrawer's principal <br /> residence. <br /> 9. Prot��ti�n of Lender's lnterest in the Praperty and Rights Under this Secur��y lns�rument. �f�a� <br /> Borrow�r fails to perform�he covenan�s and agreements �on�a�ned in th�s S��urit��nstrumen�, �b}th�r�zs a <br /> legai proc�et�ing that m�gh�s�bn��cant�y affect Lender"s in��rest in the Prop�rty andlor rights und�r thi� <br /> Secuxity�nstrumen� �such as a proc��ding in bankruptcy, probate, for candemnat��n or forfeiture, fo� <br /> enforcement af a��en wh�ch may attain priarity over thi�Se�ur�ty �ns�rumen�o�to enforce Iaws�r <br /> r�gulatians}, �r�c}Bo�rav��r has abandoned the Property, th�n Lend�r�nay do and pa�for wha�ever is <br /> reasonable or apprapriate�o protec�Lender's interest�n the Pr�per��and rights under�h�s Se�uri�y <br /> Instrument, includin�prote��in�andlor asse��ing the�alue af the Praperty, and securin�andlor repair�ng <br /> the Proper�y. Lender's actions�an inc�ude, �ut ar�not limited to: �a�pay�ng any sums secured by a lien <br /> wh�ch�aas prznri�y aver this Security Instrument; �b� appearing in�our�; and�c�paying reasan���e at�orn��s' <br /> fees t❑pratect�ts in�erest in the Praperty andlor rights under�h�s Se�urit��nstrument, inclu�.ing x�s secu�ed <br /> position in a ban�ruptcy p�roceeding. Se�u�r�n��he F�r�per�y�nc�ud�s, but�s nat Xzmited�o, e���r�ng the <br /> Prapert�to mal�e repa�rs, change�ocks, repia�e ar b�ar�l up daars and windows, drain�vater fr�rn pipes, <br /> elirninate building�r other cod�vzola���ns ar dangerous c�ndititins, and have utilities turned an�r vff, <br /> Although Lender rriay take action under this Sec�ian 9, Lender d�es n��have t�da s�and�s n��under an� <br /> duty ar�b�iga��on ta d�s�. ���s agre�d tha�Lend�r�ncurs no lzabz��ty far n��tak�ng any�r al�act�ons <br /> auth�rized under th�s Se�t�an 9. <br /> Any amaunts disbur�ed by Lender under thi5 Section 9 �ha11 become ar���tianal debt of Barrower securec�by <br /> this S�curity�nstrument. These am�unts shal�bear interest at�he Note rate from the date of disbursement <br /> an�i shali be payab�e, with su�h int�r�s�, upon notice from L�nder to Borro�er r�ques�ing payment. <br /> �f this S�curi�y �ns�.rument�s on a leaseh��d, Barrawer shall camply w��h a��the pr�vzs�flns of the leas�. If <br /> Borrow�r acquires fee ti�le to the Praper��, the�ea�ehald and the f���i��e sha�l not m�rge unless L�n�er <br /> agr��s to�h�merger�n writing, <br /> ��. N�ortga�e �nsurance. �f Lender r�quzred Mar�gage�nsu�ance a�a cond�t�on of ma��ng the Loan, ��r�r�wer <br /> shall pay the pr�miums requzred�o n-�azntain�he Mor�gage�nsurar�ce in�ffe�t. �f, for any reason, the <br /> Mortgage Insurance caverage required by Lender ceases ta be availab�e from�he martgage insurer that <br /> prev�ous�y pro�ided such insuranc�and Borrower was r�quired to make s�parate�y des�gnat�d payrnents <br /> tavvard the prerniums for Mor�gage Insuranc�, Borrotiver shall pay th�premzums r�quired�o ob�azn cQverag� <br /> su�stantiall�r�quz�a�en�ta the M�r�gage�nsu��nc�pre�ious�y�n eff�ct, a� a�as�substant�a��y equivalent ta <br /> the cost to Borrawer of the Mor�gage Znsurance p�reviausly in effects fr�rn an aiternate mor�gage insurer <br /> s�l�cted l�y L�nder. If su�stantially equ�vaient M�r�gage Insurance cQ�erag�is no�a�ailab�e, Barrawer shall <br /> NEBHASf4A-5ingle�amily-Fannie Mael�rettdie Mac UNlF�RM INSTRI�MENT �orm 3028 1 J0� <br /> VMP[� VMPfiEN�I ti 342f <br /> Wo�ters Kluwe�Financia#5ec�ices Page 8 vf 17 <br />