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2� 1 ��23�� 7. Preser�a�ion, Maintenance and Pratect�on af �he Property; Inspections. B��-rower s�a�l not d�s�roy, daz�lag� or impai�• �he Proper�y, allow the Property to de�e��ora�e ox• comm.i� wast� o�a t1�e Pr�perty. Bor�ov�cr shall main�ain �he Praperty �n order to pre�en� �hc Frope�-ty from de�eriora�ing or decreasing �n Waiue due to its cond�tion. Unless it is dexermzned purs�aan� �o Section 5 that repa�r ar r�storation is not �conomically feas�ble, Borrower shail promp�ly repazr the Praperty �f damaged to av�id f��rr�her deteriora�ion or damage. �f insurance or c�nd�mna��on proceeds are pa�d i�� conn�ction vvi�la.dama�;e to, ar the �akin�of, �he Prapc;rty, Bo�-rovve�shall be responsible f�r repairing ar res�oring the Property only if Lender has re�eased proce�ds for such pu�rposes. Lender may disburs�proceeds far �he repairs and res�oration in a sing�e paym�n� or in a s�i•�es of prog�ess payme��s as the vvork is complet�d. If �he insurance o�• condemnation pr�ceeds are nat suff�cien� to repair �r r�store fhe � propez�y, Bo��rower �s no� re��eW�d of Borrower's obliga�ion far the campletion of su�h z epair �r r�stor�tion. Tf Gondemnat�on pr�c�eds are paid in cat�nectxnn wi�h the �aking of the property, L�z�de� shall app�y such proceeds to the re�.uc�ion of the�ndebtedness u��der�h�Note and tl�is �ecur��y Instrument, first�� any de��n�u�nt amo�.�nts, and then to paymen� ❑f prin�ipal. Any application of�he pro�eeds to �he princxpa� shai�not extend or pos�pone �he due date �f�he mon�h�y payments or change�hc amoun�of such paym��s. Le�ldcr or its age��: may make reasonabl� en�ries up�n and inspectio�ls of �he Proper�y. �f i� 1�as reasnnab�e cause, Lender may insp�ct t1�e �nte�•io�•af�he impro��ments on the Property. Lend�r shaXX gi�e Sorx ower natice a� the �ime of or prior�o su�h an interzo�r inspection speczfying su�h reasonable cai�se. 8. Borrower's Loan Applieat�on. Borrovver sha11 be in defaL�i� if, durin� th� Loan appli�atian p�•ocess, Barrovve�r or a�y persons or�n��ies acting at the d�rection of Bo�-rovver or with Bo��rower's knowledg� - or consenti ga�e ma�eria�ly fa�se, mis�eading, ar inaGcurate i��forination or statem��ats �� Lender �ar fa�led �o p��ide Lender with material information} in connec�ion v�zth �he Loan. Ma�erial repr�sen�ations �nclude, bu�are not l�mited to,representations concc�-��in�Bo�-rower's accupancy flf thc Prope��ty as Borrawer's principa�resid�nce. 9. Protec�ian of Lend�r's In�erest in �he Proper�y and Righ�s Under this Securi�y Ins�rumen�,�f�a� Bar�o�ver fails t� p�rf�rm the c��e��ants and agreezne��s contained in this S��uri�y �nstrument, �b} there is a legal proceeding�ha�mxght significantly affect Le�ad�r's int�rest�t��he Property andlar�-igh�s under this Se�ur�ty Ins��2�menti �such as a proc�eding in bankruptcy, praba�c, for condern.na�ion or forf�iture, for enfarcemen� of a �ien �vhxch may a��ain pr�arzty o�er �h�s Secu�xty Ins�rume��t or to enforce Iav►rs❑r�•egula�ion�},or�c}Borrower has abandnned the Propert�,then Lender may do and pay f��•vvl�at��er is r�:asanab�e or a�propr�ate to protcct Lendez•'s interes� zn the Property and ri�hts L�nder fihis Securi�:y �nstrumen�, iricludin�protecting andlor assessing �he va�L�c of the Pr�perty, and securing andlor repair�ng the Prope�-ty. Lender's ac�ions can i�lctude, but are not limited to: (a}pay�n�any sums secured by a lien whi�h has priority over this Secur�tiy Instrument; �b} appearing in cour�; and �� pay�ng reaso�aable attorneys' fees�o protect its it�terest in�he Property andlor rights under�his Sccurity Ins�rument, incl��d�ng its secured position in a barakruptcy pr�ceed�r�g. Securing�he Property includes, but �s no� limit�d to, entering �he Property �o make rcpa�rs, change locks, rep�ace or l�aard up d�ors and vvindo�vs, drain water from pipes, elim�nate building o�• other code v��lations o�• dangerous condi��ot�s, a��d have uti�it�es turtYed on ar off. .�.��h�ugh Lender may take actioxa under�his Sect�on�, Lender docs no�have�o do so and is not under any d�ty or oblxgation�o do so. ��zs agreed that Lend�r incurs no�ia�ility for na�takin�any o�aI�act�ons a�.�tho�rized under�his Sec�ion 9. Any amour�ts disbursed by Lender u��der �his Section 9 sha�l beca�ne additio��al debt af Borrov�rer secur�d by�his Securi�y Instrument.These amoun�s sha�l bear i��terest at the Note ra�e fram the da�e of disbursement and shall be payab�e,�rvitl�such�nt�res�,upoza notice rrom Lende�-to Borrou��r requ�sting paymen�. �lLL3I�ASIC.#-5in�ic I�arnily-i�[IA UVI1�(?12N tVS'1'C��iVII:�!"1' Ite4�.91�> .t;2U�74-201 S Cof7��iance Systems.�nc.957b�67[�-c45�$��9-2U f�.1�,3.1 U87 Sirlg[e Far��ily Real flstEilC-St'Cllf[Ey�315[I'llil3�l3f DL�O�� Pa�e 7 c�f�� WWNr,CU1�1�711i1I]CeSVStQI71S.C�i37 I1 f I�I I I�'I�Il�I�I III��f�I�I��I �I��I I I��II ll��I II��I� �II��I f'ffll�`I��1��I 111��I�I II�I I I i I I�I�I�� * a L 2 4 4 7— 8 8 fl 1 8 3 5 8 3 3 —U 4 0 7 1 6— 1 7 2 4 — A N D R I J Q 1 *