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<br />Lender ar its agent may make reasonable entries upon and inspections of the Property. If k has reasonable cause, Lender may
<br />inspea the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior
<br />inspection specifying such reasonable cause.
<br />S. Borrower's Loan Application. Borrower shall be in default it, during the Loan application process, Borrower or any
<br />persons or entities acing at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or
<br />Inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan.
<br />Material representations include, but are not limited to, representations concerning Borrowers occupancy of the Property as
<br />Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Properly and Rights Under this Security Instrument. If (a) Borrower
<br />fails to perbrm the covenants and agreements contained in this Security Instrument, (b) there Is a legal proceeding that might
<br />significantly aHec Lenders interest in the Property and /or rights under this Security Instrument (such as a proceeding in bankruptcy,
<br />probate, for condemnation or forfeiture, for enforcement of a Tien which may attain priority over this Security Instrument or to enforce
<br />laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever Is reasonable or
<br />appropriate to protect Lenders interest in the Property and rights under this Security Instrument, including protecting and /or
<br />assessing the value of the Property, and securing and /or repairing the Property. Lenders actions can include, but are not limited to:
<br />(a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying
<br />reasonable attorneys' fees to protect its interest in the Property and /or rights under this Security Instrument, including is secured
<br />poson in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, or
<br />change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violation not
<br />dangerous conditions, and have utilities turned oin or off. Although Lender may take anion under this Section 9,
<br />have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all
<br />aaRmE authorized under this Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security
<br />Instrument. These amounts shall bear Interest at the Note rate from the date of disbursement and shall be payable, with such interest,
<br />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. If Borrower acquires fee
<br />title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing.
<br />the
<br />and
<br />atgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay
<br />squired to maintain the Mortgage Insurance In effect. If, for any reason, the Mortgage Insurance coverage required by
<br />to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make
<br />gnated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain
<br />tantielly, equivalent to the Mortgage Insurance previously in effect, at a cost substaritailyy equivalent to the cost to
<br />e Mortgage Insurance previously In effect, from an alternate mortgage insurer selected by Lender. If substantially
<br />tgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately
<br />/menta that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these
<br />a non - refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non - refundable,
<br />3 the tar that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or
<br />ch loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount
<br />iod that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender
<br />e as
<br />ugnated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage nsuranc
<br />condition of making the Loan and Borrower was required to make aeparately designated payments toward the premiums for
<br />Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a
<br />non - refundable loss reserve, until the Lender's requirement for Mortgage Insurance ends In accordance with any written agreement
<br />between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this
<br />Section 10 affects Borrowers obligation to pay Interest at the rate provided in the Note.
<br />Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does
<br />not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance.
<br />Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with
<br />other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactoryto
<br />the mortgage insurer and the other parry (or parties) to these agreements. These agreements may require the mortgage insurer to
<br />make payments using any source of funds that the mortgage Insurer may have available (which may include funds obtained from
<br />Mortgage Insurance premiums).
<br />As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any
<br />affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as ) a portion
<br />of Borrower's payments for Mortgage Insurance, In exchange for sharing or modifying the mortgage insurer's risk, or reducing
<br />losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the
<br />premiums paid to the insurer, the arrangement is often termed *captive reinsurance.' Further:
<br />(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage
<br />Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for
<br />Mortgage Insurance, and they will not entitle Borrower to any refund.
<br />(b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage
<br />Insurance under the Homeowners Protection Act of 1999 or any other law. These rights may include the right to
<br />receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage
<br />Insurance terminated automatically, and /or to receive a refund of any Mortgage Insurance premiums that were
<br />unearned at the time of such cancellation or termination.
<br />11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and
<br />shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the
<br />restoration or repair is economically feasible and Lenders security is not lessened. During such repair and restoration period, Lender
<br />shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to Inspect such Property to ensure the
<br />work has been completed to Lenders satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for
<br />the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an
<br />agreement is made in writing or Applicable Law requires interest to be poi on such Miscellaneous Proceeds, Lender shall not be
<br />required to pay Borrower any Interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically
<br />feasible or Lenders security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the
<br />order provided for in Section 2.
<br />In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the
<br />sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower.
<br />NEBMe1U— Single Family — Fannie MFa /Freddie Ii UNIFORM INSTRUMENT F.S. sit. I/01 Ipape 10 ] yn9enl
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