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20010515'7 Borrowershall promptly discharge any lien which has priority over this Security Instrumentunless Borrower:(a) agreesin writing to the paymentof the obligationsecuredby the lien in a manneracceptable to Lender,but only so long as Borroweris performingsuch agreement�b) conteststhe lien in good faith by, or defendsagainstenforcemenbf the lien in, legal proceedingswhich in Lender's opinion operateto preventthe enforcemenbf the lien while those proceedingsare pending, but only until such proceedings are concluded;or (c) securesfrom the holder of the lien an agreementsatisfactoryto Lendersubordinating the lien to this Securityinstrument.If Lenderdeterminesthat any part of the Propertyis subjectto a lien which can attainpriority over this Security Instrument,Lendermaygive Borrowera notice identifyingthe lien. Within 10 days of the dateon which that notice is given, Borrowershall satisfy the lien or takeone or more of the actions set forth above in this Section 4. Lender may require Borrdwer to pay a one -time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrowershall keep the improvementmow existing or hereaftererectedon the Propertyinsured against loss by fire, hazardsincluded within the term "extendedcoverage, "and any other hazardsincluding, but not limited to, earthquakesind floods, for which Lenderrequiresinsurance. This insuranceshall be maintainedin the amounts (including deductiblelevels) and for the.periods that Lenderrequires. What Lenderrequirespursuantto the precedingsentencescan change during the term of the Loan. The insurancecarrier providing the insuranceshall be chosen by Borrowersubjectto 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 determinationpertificationand tracking services; or (b) a one - timecharge for flood zone determination and certificationservices and subsequentcharges each time remappingsor similar changes occur which reasonably might affect such determinationor certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency ManagementAgency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrowerfails to maintainany of the coverages described above, Lendermay obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particulartype or amountof coverage.Therefore,such coverage shall cover Lender, but might or might not protectBorrower ,Borfower'sequityin the Property,or the contentsof the Property,against any risk, hazardor liability and might provide greateror lesser coveragethan was previously in effect. Borrower acknowledgesthat the cost of the insurance coverage so obtainedmight significantly exceed the cost of insurancethat Borrowercould have obtained.Any amountsdisbursedby Lenderunderthis Sections shall becomeadditionaldebtof Borrowersecuredby this Security Instrument Theseamountsshall bearinterest at the Note rate from the date of disbursemenland shall be payable,with such interest,upon notice from Lender to Borrower requesting payment. All insurancepoliciesrequiredby Lenderand renewalsof such policies shall be subjectto Lender's right to disapprove such policies, shall include a standardmortgage clause, and shall name Lender as mortgageeand/or as an additionalloss payee. Lendershall have the right to hold the policies and renewal certificates.If Lenderrequires, Borrowershall promptlygive to Lenderall receiptsof paid premiumsand renewal notices. If Borrowerobtains any form of insurancecoverage, not otherwise requiredby Lender, for damageto, or destructionof, the Property, such policy shall include a standardmortgageclause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrowershall give prompt notice to the insurance carrier and Lender. Lender may makeproof of loss if not madepromptlyby Borrower.Unless Lenderand Borrowerotherwiseagree in writing, any insuranceproceeds,whetheror not the underlyinginsurancewas requiredby Lender,shall be appliedto restorationor repairof the Property,if the restorationor repairis economicallyfeasible and Lender'ssecurityis not lessened. During such repairand restorationperiod, Lendershall have the right to hold such insuranceproceedsuntil Lenderhas had an opportunityto inspect such Property to ensure the InitiaI s:� -GAME) (0005) Page 6 of 15 7 Form 3028 1/01