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��1 5��7� for the repairs and res�ora�ion in a single payment vr�n a sex�es of p�rag�ress payme�ts as the wark is completed. If the insurance ar condemnat�an�r�ceeds are n��suf��c��nt to xepa��or resta�re the Property, Borrower is not relieved of Borrower's obligation fa��he co��.pletzan of such repair oz��est�ra�ion. Lender ar its agen�may make reas�na�l��ntr�es upon and inspectians of�he Proper��. If i�has reasanable c�.use, L�nder rnay�nspeGt the in�erxar of the�rnprav�ment�on the Proper�y. Lend�r shall giv�Barrawer nat�ce at the t�m�of or prior to such an�nterior inspectian specifying such re�sanab�e caus�. 8. B�rrower's Lvan Application. Borrower shall be in defau�t�f, dur�ng the L�an app��cation prflcess, Barrower or an�p�r�ons ar ent�t��s act�ng at the d�r��txon a�'Borrower�r with Barrawer's knaw�ec�ge or cansent gav�mater�al�y false, m�s�ead�ng, �r�naccurate inf�rmation or�tatements to L�nder�nr failed to prov�d�L�n�ler wi�h ma�erial informat��n} in c�nn�c�ian with the Laan. Material repr�sentatinns�nclude, �u� ar�not limz�ed�a, represen�atians cfln�erning Barrawer's oCcupancy af the Proper�y as Borrower's principal re,�idence. 9. Pra�ectivn af L�nder's Inter�st �� the Prvperty and Rights Under this �ecurity Instrum�nt. �f�a� Borrower fazls ta perform the cavenan�s and agreements contained�n this Security Instrument, �b}there is a Iegal proceeding that might signif�cantly affect L�nder's�n�erest in the Px�per�y andlor righ�s under�his Security Instrument �suGh as a proceeding in bat�krup�cy, p�robate, far cflndemna�ian or farfeiture, far enfarcernent af a�ien wh�ch rna�attain pr�or�ty o�er this Securi��Instrument�r t�enfor�e Iaws�r regu�a��ons�, flr�c)Borrower has abandaned the Prop�rty, �her�Lender may do and pa�far what��r is reason.ab�e or appropriate to protect L�nder`�interest in�he Proper�y and r�ghts under th�s 5ecurity Ins�rument, including prot��ing andlar ass�ss�ng the va�ue of the Froperty, and securin�andlor repairing �he Praperty. Lender'�ac��ans can�nc�ude, 1�ut are n�t�imited to: �a}paying any surns secured by a�ien which has przor��over this Security Instruxnent; �b} appearing�n caurt; and�c}paying reasonab�e a��arneys' fees to pratect its interest in the Prop�r�y andlor righ�s under th�s S�curity Instrumen�, �nc�ud�ng�ts se�ured positian in a bankrup�cy proceeding. Securing the Proper�y inc�u�.es, but�s not��mited to, en�ering th� Propert�to make repairs, �hang��ocks, replace or board up daa�rs and windaws, drain vvat�r from p�pes, eiiminat�building or other code v�oxations ox�ang�rous conditions, and ha��utilities turn�d an ar off. A��haugh Lender�nay take act�on und�r this Secti��9, L�nder daes r�at ha�e ta do sa and�s nat under any duty or abl�gation ta do sfl. It is agreed that L�nder in�urs n��abz�i�y for not tal��ng any�r al� ac�ions au�horized under�his Sect�on 9. Any amaunt�d��burs�d by Lender under�h�s Section 9 sha�1 become add�t�onal debt of Borrower se�:ured by �h�s Se�ur�ty �nstrument. These amounts shall bear interest at th�Note rate fr�m th�da�e of d�sbursement and sha1�be payab�e, �v�th such interest, upan no�ice from Lender t�Borr�wer request�ng payment. If�his Security Instrument is an a�easeh�ld, Borrower shall�omply with a�l the provisions af the Xease. �f Borrouler acquires fee�i�1e�o the Propert�, �he leaseho�d and th�f�e t�tl�shall not m�rge un�e�s Lender agrees to the m�rger in writing. ��. Mart�age Insurance. If Lender requir�d Mar�gage�nsurance as a con�it�on�f rnal�ing the Loan, Borr�wer shall pay the prem�ums required to maintazn the Mor�gage Insurance in eff�ct. If, for any reason, the �ar�gage�nsurance c�verage required b�Lender cea�es t�be available fr�m the mar�gag�insurer�hat pre�iously provided such insurance and Borrower u�as required t�make separa�e�y des�gnat�d payrn�n�s tawar��he premiums for Mor�gag�Insurance, B�rrower shal�pay�he p��m�ums required to ab�ain�averag� substan�ial��equi�alent t��he N�or�gage�nsu�rance pr��ious�y in effec�, at a c�st substantial�y equ�va�ent�o th�cost t� Borrower of the Mar�gage�nsuranc�pr��iously in effe��, fr�tn an alt�rna�e mor�gage insurer se�e�ted by Lender. If substant�a�ly�qui�alent Mflrtgage.�nsurance cav�rag�is n�t ava��able, Borrovver�hail N�gRA51CA-5ingle Famity-Fa�nie MaelFreddie Mac UNI��AM�NSTRUMENT �arr�3�28 1 ia1 ViVIP(� VMP6{N��t7 302� Walters Kluwer Financia!Ser�ices Page 8 vf�7