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2� 1 ��87�4 �. �3�rr��r's �va�n Appl ic�t��. B�rro��r��.��Y�e i�d��d��t if, durin�th�L,oan app�icati�n proc�ss,��rr�wer a�a.n�persons or e�tities�.cti�g a��he dire�tron af�o�r�wer or�v�t� Borrovv�r's kr�owi�d�e�r��r�ser�t�a��re mater��.11y fa�s�,nlisl�ad��l�, �r ir�accurate ir�format�on ar stat�m�nts to I�er�der�or fail�d to pr�vid�L�nd�r�ith rn�.ter��l infor��.ti�n} �r� �o�r��ti�n�vi�h the Loan. Materia� repr��ntatior�� in�l�d�,but a.�e nat lirni��o,��p�e��r�ta�ion�con�err�ir��B�rr�vv�r'�a�eupancy�f the P�ap�r�y as lBorr�we�'s�ar�r��a.��re�id��. 9. �rotQ�t��r� o��.end�r's Int+�r��t ir� �h� �'��r#y �nd �t��h� �r�d�r#hi� ��urity Instrumer�t. If(a}��rro�ve��ail�tc��rform th�covena��and agr�err��n��s cvr�tair�e�d�n th�s Se�ur��y �nstru�ent, (b}ther�i�a �eg�.l��e�.x��:ha��t si�r�ifi�an�ly a�fe�t�en��e�'s ir�t�r�s�in�he Praper�y ar�dl�r rights under this ��u�i�yr I��.�.�n��s�.�h �.��p��e�ir��in ba�kr�ptcy,pro�at�, for cor��emnatian�r f�r�eiture,for enf�rc�r�ent��li�r�which r��.y attain priarity u��r this S��ur�ty ��sirum�nt ar to�r�force la�s vr r�gu��t��r�s�,or�c�B�rr��w�r ha�a�and�n�d the Pr�p�r�,then L��der ma�da and pa�f�r what��r is re�.�ona�l��r�.ppro��at�t��ra�e��I�ender's inter��t i�tl�� Pro�er�a�.�ri�;h��nde�°�h�� c�r�ty In�trur�.�nt, ��g pro�ec��g ar�dl�r assessi��th��alu� a�the�'ro��rt3r, and��curi�g a�adlv�r�pairing t��Prop�r�y.L��d��°'s�cti��s c�.n include,but are�ot limit��o: �a�pay�ng any sur�s ��'e�b�j�.��vvh�c�h��rior��av�r th�s Se�urit��nstru�m�nt; (�� app�aring in court; �.nc�(��paying reasc��a��.�t�rr��ys'f��s t��rotect its rnteres�in the�rop�r�andl or ri�hts u�der th�� Se�urity�nstru�e��, ��cl��in�i�s se�ure� pos�t�an �r��ban�rupt�y�ro�e�d�ng. Se�urin�th�Prap�r�y includ�es, but i�r��l�mite�to, ��:�r�n�t�e�'r��rty t�make repair�, change l�ck�,r�plae�ar board��doors a�.�ti�ir�c�o��s, drdin�a�er fr�m pipes,�tir�ina�e build�ng ar other �ode�io�ations�r danger��s c�n�it�qns,�n�ha�r��xt��iti�s��ed on or off.Althou�h L�nder xnay take action under this Se+ct��n 9,Lender d��s not ha��to do s�and is n�t�nd�r an�duty�r�blig�.tion to do ��. ��i�a�r�ed that Lender ir�curs no liabi�ity fox r�ot�aking�.�.y�r�.1�acti�ns a��th�rized under th�� ��cti�n 9. A��amoun�s dis�ur�ed by�ende��r thi� �e�t�a�9 sh��addit�o�a�d+��t��'B�rr�ut�r ��ur��b�r thi� ��r�ty Ir�str�r��t� �h��xno�nt��.��h��.r��t�r��at th�Nvt�rat�from.�he d�.te�f d�s�ur��n��t and�ha.l��a��,��t��.�� nt��st,upo��t�c�f�onl�end�r��rro��r r�que�t�na pa��. �f thi��ecurifiy I�strumer�t is on a le�s�hold,�o�ra�v�r shal��ox�p��vvith alI�he pravisions of t�ie Iease.If�3orrow+er a�c�uir��fee tit�e t�th�Prvp�rty,th� Ieaseh�id a�d�h�fee tit�� sha�1 not rr�erge �ani�ss��nder��r�es ta the�.erg�r in wri�i��. 'I D, Ill�artgag� Ir�suran�e. I�L�nder re�uir��Nlnrtga��I�su�r�ce a�a�ondition of makir�g t�e Lo�,B�rrow�r shal�pay�he pr�r.�i�rns r��qui�ed�a n3a�nt�.in th�M�r�gag�I�surar�c�in effec��. �f, for a.�y reason�t�e Mor�gage I�.sur�.�ac�c�v�ra��req��'��by L�nd�r�c�ases ta be�.�ai��from the mo��age insuz�r that prev�ous��ravic��d��h ir��urar��e and��rrovver vuas re�uir��i ta ma�e �epa.rat��d�si�nat��1 payrr�ents t�w�.rd��pr�r�iu��r��r��a��I�.suran��,Borra-wer shal�pa�t�e premium�r�qu�red ta ohtair�cave��.��s�nst�.n�ial��equi��.��t��Mort.�ag�I�sur�r�ce previ��sl� it� e#�ects at a cost su��ta��ially equi�a�e��t tc�t�e��t��F�ar��vver o�the Nlor�gage Insuranc� pr�vi�usly in ef��ct,from an��.It�rr��.te ma��age ins�rer�el�ect�d b�Lend�r. If su�stan�ially�quival�nt Mort�age Insurance coverag��s n�t�.�railable,B��r sha�1��ntinu�tr�pay t�I��r�der the an°�aun�of t�� s� aratel desi nat�d. a rnents th�t vv�re due�vvhe�.th�insur�nce��v��age��ased to be in ef�`�ct. p Y � pY . L�nder vv�ll accept,use and r�ta�n the�e pa}��r��as a non�refund�.ble �ass re�e�e in lieu�f Mor��a�� Insura�n�e. Su�h loss reserve s�iall��-�'e��r��ab��,notwiths�and�ng t�e fact�hat t��Loan is ultima�e��.�d in fu�l,�.n�Lend�r sha�l not b�r��uir�d tn�ay��rr`awer�r�y inte��t�r e�.rr�in�s�n z�o�4��7as �1E�R�A�KA-�mg��Fam�ly-F�nr��e Ma�IFraddi�Ma��INIF�RI+�I INST�tl�ME�1T FArm�0�8 1fa9 VMf� Q�I20�� Vl�vlt��Kluwer��n�n�i�i Serv�c�s 2�1�1��2",�2�.388�i-J�O�fiD��Y F�ag��of 1�