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201807993 <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge <br />or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed <br />to provide Lender with material information) in connection with the Loan. Material representations <br />include, but are not limited to, representations concerning Borrower's occupancy of the Property as <br />Borrower's principal residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security <br />Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security <br />Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property <br />and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation <br />or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to <br />enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay <br />for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this <br />Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or <br />repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured <br />by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable <br />attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including <br />its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, <br />entering the Property to make repairs, change locks, replace or board up doors and windows, drain water <br />from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned <br />on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is <br />not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any <br />or all actions authorized under this Section 9. <br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured <br />by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. <br />If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, <br />Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, <br />the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer <br />that previously provided such insurance and Borrower was required to make separately designated <br />payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to <br />obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost <br />substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an <br />alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage <br />is not available, Borrower shall continue to pay to Lender the amount of the separately designated <br />Bankers Systems'. VMP® <br />Wolters Kluwer Financial Services 2018121116 .4 4217 20180322Y <br />11 <br />n <br />I0 I 171131 00II <br />1 <br />1326694719 <br />�Jp 02/18 <br />914'nitials t 3 Page 8 of 17 <br />111 <br />ilii <br />11 <br />