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-Jun- 30 -t10 13:11 From- T -001 P 10 F -139 200005488 Borrower shall promptly discharge any lien which has priority over this Securily Instrument llrileSS Borrower; (a) agrees in writing to die payment of die obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate tct prevent die enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) smures from die holder of dre lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject w it lien which can attain priority over this Security Instrument, Lender ►nay give Borrower it notice identifying the lian. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or 11101e of die actions set forth above in this Section 4. Lender may require Borrower to pay a one -time charge For a real estate tax verification and /or reporting service: used by Lender in connection with this Loan. S. Properly Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requu-es insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Lowi. The insurance cart ier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one -time charge for flood zone determination, certification and to asking services; or (b) it one -lime charge for flood zone determination and certification services and subsequent charges each time rornappings or similar changes occur which reasonably might. affect such determination or certification. Borrower shall also be responsible for the payment of any fee} imposed by the Fcderal Emergency Management Agency in connection with the review, of any flood xorae determination resulting frorn an objection by Borrower. If Borrower fails to maintain tiny of the coverages described above, Lender may obtain insurance t•overal;e, al Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, forrower's equity in the Property, or the contents of die Property, against tiny risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges dial the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Burrower could have obtained. Any amounts disbursed by Lender tender this Section S shall become additional debt of Borrower secured by this Security Instrument. These amounts shall ben interest at. the Note rate from die date of disbursement and shall be payable, with such interest, upon notice from lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right in disapprove such policies, shall include a standard mortgage clause, and shall narne Lender its mortgagee and /or as an additional loss payee. Lender shall have the right to hold the policies and rene val certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. It Borrower obtains any farm of insurance coverage, not otherwise required by Lender, for damage. lo, or de;te'uction of, the Propeny, such policy shall include a Atandarcl mortgage clause and Ahall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. lender may make proof of Inns if not made promptly by Borrower. Unless Lender and borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall bzt applied to restoration or repair of the Property, if the restoration or repair is economically Icasible and Lender's Securily is not lessened. During such repair and restoration period, Lender shall. have die right to hold such insurance proccods until Lender has had an opportunity to inspect such Property to ensure die -SA(NE) rue05r.02 7200308 -00 Inftialc. Papa s or 15 Form 3029 3190