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2� 1 ���38� <br /> puz�aoses.Ler�der may�.is�urse�roceeds�nr�he repairs and res�ora�xon ir�a sx�.gle payment or�n a ser�es <br /> a f progress paymen�s as th�w�rl�is coxa�ple�ed. If the insurance or condemna��on pr�ceeds are not <br /> st�fficien���o�•�pai�i or��estote�he Pro�erty,Borrowe�•is n��r���eved of Borra�t7ve�•'s�bliga�ion for��ae <br /> compl��ion of st�c1�repair or restat•atiox�. <br /> Lender or i�s agent may xna��e re�sonab��ex�tr��s t�pon ar�d�nspec�ians of�lae Pr�per�y,If it has reasor�ab�e <br /> cause,L�nder rnay inspec�t�a.e in�eri�r�f�he xmpt•ove�nents an�he Pr�perty,L�r�der sha�l give Barro�vsr�r <br /> no����at the��me o�or prxor t�such�.n in�erior�nspec�i�n spec�fyir�g s�.�ch r�asonable caL�se. <br /> 8. �arr�r��r'� L�ar�Appli��fii�n.Borrovver sha��be in c�efau�t if,dur�ng�tie Laa�l applicatz�n process, <br /> l�orr�wer or a�a.y�ers�ns ar er��i�ies aci�ing at�he di�•ec�xan of Borrow�r�z•with B or�o�rer's k�a.owledg� <br /> o�'co�lsen�gav�a�.a�eria��y�'�.�s�,m.�s�eadin�,or ir��.ccurate�nforma�ion o�•s�ate�r�e�.�s�o Letld�r��r fai�ed <br /> �o pr�vi�.e Ler�de�•�vi�h rna�er�a�i�fo�:r��t�ora}�r�ca��nectian vUith�he Loan. Ma�eria�representa��ons <br /> include,bu�are nca��imited�o,�epres��ztati�ns concerning Barrovvet•'s occL�pa�.cy of the Pr�per�y�.s <br /> . <br /> Bo�-ravw�r's�rincipa��•es�dence� <br /> 9K Prv�e����� of L�nder's Intere�t in th� Pr�perty and R�ght� L�nder th�� Secur�ty <br /> l�strur��nt. rf�a�Borr�w�r fails to perfnrm�he covenan�s and agreeme�.�s car��aine�ir��his Secliri�y <br /> Ins�r�.�me�.�,�b�there is a�ega�pr�ceec�ing�ha�migh�sig��f�can�Iy affect Lender's���erest�n�he Prope�tiy <br /> �.�.d1or righ�s under 1:h�s Sect�rzty Instr�.�mer���sL�ch as a pr�ceec�.ing�n va�.I�r�.�ptcy,proba�e,f�r condezr.�t�a�io� <br /> o�r farfei�ure, far en:forc�ment of a��en v�h�ch�nay a�tain pr�ori�y over�hYs Securi�y Ins�rum.en�or t� <br /> enforce�av�s or regula�ions}, or�c}Bo��v�rer has aban�.oned the Praperty, �hen Lender may do and pay <br /> for vvh��eVer is reasonab�e or appropria���o protec�Le�.der's zt���res�in th�Pra�erty�,��.��ights under this <br /> S�curi��Ix�strum.ent,i�lc�u���lg pr��ect�ng a�zdlor assesszng�h�va�ue oFthe Proper�y,a�.d s�cur�n�a�dlar <br /> repa�ring�he P�op�rty. I.,end�r`s ac��or�s cax�in�Iudc�,bu�are n��limi��d��: �a}pay�ng azzy sums s�cur�d <br /> by a lien v�hi�h has prior�ty over th�s�ect���y Instrul�ncnt;���app�aring�n court;�.r�d�c�payin�r�asonable <br /> at�orneys'fees��pro����i�s ir����es�in f:h�P.rop�r�y a�1d1��-righ�5 u��.cler thxs Security�nstruxne�t,inc�udzng <br /> i-�s secured pos��xon�r�a banlcrl:i���y pro��eding. S�euring�he Property xncX�.�d�s,bu�r��.at Ilmzted to, <br /> e�tet•�ng�he I3roper��to mal�e repairs,�har�g�locl�s,replace ar board up doors and win�.o�vs,c���in v�a�er <br /> from pipes,elizn�nat�buildi�g or��her co�.�vi�lations or dar�gero�.�s�or�di��.a�s,�.nd have ut�li�ies tt�rned <br /> o�:o��off. .Al��ot��h lae�de�may�a��e ac�ian L�nder�hi� Section 9,L�nder c�oes no�have�o da so ar�d is <br /> nat ur�der any dt�ty or o�b�iga�xon to d�so. It�s agr�ec�that Le�.de�•���urs na Iia�ility f�r n���a�ing ar�y <br /> or aZl ac�inr�s at��horized under�hxs Sec���n 9, <br /> Any a�n��.�r��s d�sbursed by Ler�de�u�der�h�s Sec�ian 9 sha�l becom.e a�.di�zonal del�t o�B�rro�er secL�red <br /> �y�his Securi�y I�.strr.�rn�nt.Th�se amau��s 5hall bear in��res�a��h�No�e r�.��From�he da�e of disbu�se�nent <br /> and sha��be payav�e,v�xth such iil�eres�,u�on not�ce fr��n.Ler�c�er�o B�rrower reque��zng paymer��, <br /> If�hzs Securz�y I�.s�rumen�is on a leas�hold,Borrovver sha�1 comp�y�w��h all�11�provis��r�s�f�he�eas�. <br /> If Borra�ver�.�qu�res fee�.�t1e�o�he P�o��r�y,the lease�.a�d and�h�f���i���sha11 r�o�m.erge u�less Lender <br /> agr�es to�h�m�rger in writir�g, <br /> '��� M�rtgag e I r��u ra n ce. If Ler�d�r r�c�t�xred M�rtgage Insurance as a cond�ti.an of ma�{ir�g�he L.oan, <br /> Bnrro�uer shal�pay�:h�prem�i�ms requ�re�:�o zn.ain�azn the Mc�r�gage Insl�rance in effect.�f,for a�y�eason, <br /> the Mo�i�gage I�sL�rance cove�age requix ed.by Le�der ceases�o l�e ava�l.�,ble ft•am�he rnortgage�ns�.��•e� <br /> �hat p�ev�ousl�prov��.ed such insL�ra�ce and I3orr�wer was required���Zake separa�ely desi�nated <br /> HCFG-��359 <br /> NEgRAS}CA-5ing��Fam��y-Fanni�MaelFreddie Mac 11NIF�RM iNSTRUMENT Farm 3�28 11�� <br /> VMP�] ����� <br /> Woiters Kluwer�inaneEal 5ervfc�s �0�6p1�Q�5.2.2.32�8,.1��950728Y Page 8 of 17 <br /> *58�850 62�5* <br />