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202500550
<br />Docusign Envelope ID: 2A9BEC10-7C3B-444C-B44C-E2DE5852813EF
<br />3555852912
<br />the Property from deteriorating or decreasing in value due to its condition. Unless Lender determines
<br />pursuant to Section 5 that repair or restoration is not economically feasible, Borrower will promptly repair
<br />the Property if damaged to avoid further deterioration or damage.
<br />If insurance or condemnation proceeds arc paid to Lender in connection with damage to, or the
<br />taking of, the Property, Borrower will be responsible for repairing or restoring the Property only if Lender
<br />has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a
<br />single payment or in a series of progress payments as the work is completed, depending on the size of the
<br />repair or restoration, the terms of the repair agreement, and whether Borrower is in Default on the Loan.
<br />Lender may make such disbursements directly to Borrower, to the person repairing or restoring the Property,
<br />or payable jointly to both. If the insurance or condemnation proceeds are not sufficient to repair or restore the
<br />Property. Borrower remains obligated to complete such repair or restoration.
<br />Lender may make reasonable entries upon and inspections of the Property. If Lcndcr has reasonable
<br />cause, Lender may inspect the interior of the improvements on the Property. Lender will 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 will be in Default if, during the Loan application
<br />process, Borrower or any persons or entities acting at Borrower's direction or with Borrower's knowledge or
<br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to
<br />provide Lender with material information) in connection with the Loan, including, hut not limited to,
<br />overstating Borrower's income or assets, understating or failing to provide documentation of Borrower's debt
<br />obligations and liabilities, and misrepresenting Borrower's occupancy or intended occupancy of the Property
<br />as Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument.
<br />(a) Protection of Lender's Interest. If: (i) Borrower fails to perform the covenants and agreements
<br />contained in this Security Instrument; (ii) there is a legal proceeding or government order that might
<br />significantly affect Lender's interest in the Property and/or rights under this Sccurity Instrument (such as a
<br />proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien that has priority
<br />or may attain priority over this Sccurity Instrument, or to enforce laws or regulations); or (iii) Lender
<br />reasonably believes that Borrower has abandoned the Property, then Lcndcr may do and pay for whatever is
<br />reasonable or appropriate to protect Lender's interest in the Property and/or rights under this Security
<br />Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the
<br />Property. Lender's actions may include, but are not limited to: (I) paying any sums secured by a lien that has
<br />priority or may attain priority over this Security Instrument; (II) appearing in court; and (III) paying: (A)
<br />reasonable attorneysfees and costs; (B) property inspection and valuation fees; and (C) other fees incurred
<br />for the purpose of protecting Lender's interest in the Property and/or rights under this Security Instrument,
<br />including its secured position in a bankruptcy proceeding. Securing the Property includes. but is not limited
<br />to, exterior and interior inspections of the Property, entering the Property to make repairs, changing locks,
<br />replacing or boarding up doors and windows, draining water from pipes, eliminating building or other code
<br />violations or dangerous conditions, and having utilities turned on or off. Although Lender may take action
<br />under this Section 9, Lender is not required to do so and is not under any duty or obligation to do so. Lender
<br />will not be liable for not taking any or all actions authorized under this Section 9.
<br />(b) Avoiding Foreclosure; Mitigating Losses. If Borrower is in Default, Lender may work with
<br />Borrower to avoid foreclosure and/or mitigate Lender's potential losses, but is not obligated to do so unless
<br />required by Applicable Law. Lender may take reasonable actions to evaluate Borrower for available
<br />alternatives to foreclosure, including, but not limited to, obtaining credit reports, title reports, title insurance,
<br />Rocket Mortgage, LLC (NMLS 3030) IRocket Mortgage, LLC (NMLS 3030)1N1 kkiMarie Cervantes
<br />(NMLS#: 2595006)
<br />NERRASKA—Singlc Family —Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 07'2021
<br />253()6,5 Page 9 of 20
<br />MIPaiiiingrk0 IM I
<br />010355585291200202000233ed14abf3-13b3-4e37-9787-d1c983a391760920
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