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201808305 <br />unless Lender determines that this requirement shall cause undue hardship for the Borrower or unless <br />extenuating circumstances exist which are beyond Borrower's control. <br />7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall <br />not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the <br />Property. Borrower shall maintain the Property in order to prevent the Property from deteriorating or <br />decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or <br />restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to <br />avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection <br />with damage to the Property, Borrower shall be responsible for repairing or restoring the Property only <br />if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and <br />restoration in a single payment or in a series of progress payments as the work is completed. If the <br />insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not <br />relieved of Borrower's obligation for the completion of such repair or restoration. <br />If condemnation proceeds are paid in connection with the taking of the Property, Lender shall apply <br />such proceeds to the reduction of the indebtedness under the Note and this Security Instrument, first <br />to any delinquent amounts, and then to payment of principal. Any application of the proceeds to the <br />principal shall not extend or postpone the due date of the monthly payments or change the amount of <br />such payments. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has <br />reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall <br />give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable <br />cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application <br />process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's <br />knowledge or consent gave materially false, misleading, or inaccurate information or statements to <br />Lender (or failed to provide Lender with material information) in connection with the Loan. Material <br />representations include, but are not limited to, representations concerning Borrower's occupancy of the <br />Property as 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 <br />Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, <br />for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security <br />Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then <br />Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the <br />Property and rights under this Security Instrument, including protecting and/or assessing the value <br />of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not <br />limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) <br />appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/ <br />or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. <br />Securing the Property includes, but is not limited to, entering the Property to make repairs, change <br />HCFG-00703 100011300238332513 <br />FHA Deed of Trust With MERS-NE <br />Bankers Systems.'" VMP® <br />Wolters Kluwer Financial Services <br />2018122417.1.0.4574-J20180529Y <br />110 <br />' 4 <br />1331522618212 <br />9/30/2014 <br />12/17 <br />Page 8 of 16 <br />rr7� <br />.I' <br />rY 1 <br />1111 <br />