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��1 5�5�3� for the r�pairs and r�sto�-ati�n�n a��ng��payment fl��n a��ries�f progress payments as �he�o�rk�s comple�ed. If the znsuran�e nr condemna��on p�oceeds are no�suf��ent to repair or restor��h�Proper�y, �or�ower is n.a�re��e�red flf Borrower's❑��ga��on far�he comg��t�on of such repair ar restora�ion. Lende�o�r�ts a�en�may make reasonabie entries upon and�nspecti�ns of th�Proper�y, If it has reasana�� caus�, L�nd�r may inspect the int�rior af the improvem�nts an�h�Pr�per�y. Lender shali give Borra��v�r not�ce at�he t�me of or prior to such an�n�e��ar inspection spec�fying such reasonable cause. 8. Bo�rawer's Laan Applicatitin. Barr�wer shal�he in defaui�if, during the Laan app�zca��an pr�cess, Borrov�er or any persans❑r entities acting at the dire�tifln flf Borrower or with Borra�re�'�knowledg�ar cansent gave materially false, misleading, or inaccura�e information ar st�tements to Lender�or failed to pravid�L�nder wi�h material infarmat��n} in�annection w�th the L�an. Materia�r�presentat�nns includ�, but ar�nat�imi�ed��, representa�ions�oncerning Borrower's occupancy�f�he Prap�r�y as Borrov�er'�pr�ncipa� re�xdence. 9. Prvtection vf Lende�'s Interest in tne P�op�rty and Rights Und�r� this Security Instrument, �f�a� Borrav�er fail�to perform the c�venants and agreernents c�ntained in this Secur��y �ns�rument, �b}�here is a legal proceeding that m�ght significantly affect Lender's int�r�s�in the Pr�per�y andlor rights under thi� Se�urity �ns�rument�sueh as a proce�din�in bankruptcy,probat�, for candemnatian ar farfeiture, far enfo�cement flf a lien�rhich may attain prior��y ov�r�his S�curity Instrument or ta enforce laws ar regu�at�ans}, or�c} Borrow�r has abandoned the�'rop�rty, then Lender may da and pay for whatever is r�asanabie or appropriate to pra�ect Lende�'s �nterest in�he Property and rights under�his�ecur�ty �nstrument, includ�ng pr�tec�in�,andlor assess�ng the�a�ue af the Property, and securxng andlor repairzng th�Pr�p�rty. Lender's act�ons can include, but are not��m�ted ta: �a}pa��ng an� sums secu�red by a��e� whic�has priQrity�ver this 5�curity Instrument; �b}appearing in�our�; and �c}pay�ng reasonab�e attarne�s' f�es ta prote�t its�nterest in the Property andlv�righ�s und�r this�e�urity Instrurnent, inciudin�i�s se�ured pos�t�on�n a bankruptcy praceeding, Secur�ng the Prop�rt�includ�s, but is na�limi�ed�o, ent�rin�th� Praperty ta�nake�repa�rs, change�oGks, �r�piace or b�a�d up daors and �vindows, drain�vater f�r�m pipes, �lim�nate build�ng�r o�her code v�o�at��ns�r danger�us cnnd�t�ons, and have util��es turned an ar off. A��haugh Lender rnay take a��ion under this Sec�ion 9, Len�ier does not have t�do sQ and xs n�t under any duty ar abl�gation to dfl so, ��is agreed tha�L�nder incurs na Iiab�lity f�r no�tak�ng any ar all ac�i�ns authorizec�und�r thi,s Secti�n 9. An�a.mr�un�s c�isbursed by Lender und�r�his 5ection 9 shall became additianal�1eb�of Borrawer s�cure�l b� th�s Se�u��ty�nstrumen�, These amounts shall bear inter�st a�the Note rate from the date af dis�ursernent and�ha�i be payable, with such interest, upan n�tice frorn Lender to Borro�er reques�ing pa�ment. �f�his Se�urity�nstrument is an a�easeho�d, B�rraw�r sha��ornp�y vv��h a�� he prov�sions of the�ease. �f Borrower acquir�s fee ti�I��o the Pr�perty, th��easehold and�he fee title sha�l n€�t merge un�ess Lend�r a�re�s t�th�merg�r in wri�ing. ��. Mortgage �n�urance. If Lender requ�xed Mortgage In�urance as a�on�i�ion of ma�ing�he Loan, Borrow�r sha�i pay the premzums required�o mazn�a�n the Mo��gage Insuranc�in effect. If, fflr any reason, �he N�or�gage Tnsurance coverage required by Lender ceas�s tfl be ava��ab�e from th�mor�gag��nsurrer tha� pr��iously prov�ded such insurance and B�r�ower was requ�r�d to make s�para�ely d�signat�d pa�rments toward�h�premium� for Mortgage In�urance, Borrovver shall pay�he premiums requir�d to ob�ain co�erage substantiall�equiva�ent to�h�Mor�gag��nsuranc�previous��ir��ff�ct, at a cast su�stantially equi�ra�ent to the cost to B�rrow�r�f the Mor�gage�nsuranGe pr�viausly in effect, from an alt�rnate m�rtgag�in�urer seiect�d by Lender. �f substantiai�y equ�vaient M�r�gag��nsurance c�verage is not a�a�iable, Barrower shall N�8RA5lCA-Sirsgle�amily-Fannie MaelFreddi�Ma�l.1NI�QRM iNSTRUMENT �vrrr�3Q28 11D1 VMP� VMPBtN�]t'f 302� Walters Kluwer�inancia�5er�iees Pag�8 af�7'