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202401002 <br />of the imminent existence of such line, Lender may give Borrower a notice identifying <br />the lien, and Borrower shall satisfy the lien within sixty (60) days. In the event that the <br />Borrower does not satisfy, release, or cause said lien to be satisfied or released, the <br />Lender may, at its sole discretion, take any of the following actions: <br />(a) Satisfy the lien itself, at which point the Lender may demand repayment by <br />Borrower of any funds paid by Lender towards the satisfaction of such lien, <br />with an interest rate of zero percent (0%) per annum until repayment is <br />completed; <br />(b) Demand immediate payment, satisfaction, and release of the lien by Borrower <br />within sixty (60) days. In the event Borrower fails or refuses to comply or cause <br />said lien to be released within sixty (60) days, Lender may at its own discretion, <br />satisfy the lien itself or declare the Borrower in default of this Deed of Trust; <br />(c) Take no action. <br />This covenant shall run with the property and shall remain in effect until the <br />obligations secured by this Deed of Trust have been paid in full and the Deed of Trust is <br />released. <br />5. INSURANCE. Borrower shall keep the improvements on the Property <br />insured against loss by fire and hazards, including within the term "extended coverage" <br />for their insurable value and polices for the same shall include a standard mortgage <br />clause showing Lender herein as an additional insured. In the event of loss, Lender may <br />make proof of loss if not promptly made by Borrower. Insurance proceeds shall be applied <br />to restoration or repair of the property damaged, unless Lender and Borrower otherwise <br />agree, except if restoration or repair is not economically feasible or Lender's security is <br />not lessened, otherwise said proceeds shall be paid on the debt herein, whether or not <br />then due. Unless otherwise agreed in writing by the Borrower and Lender, any payments <br />or proceeds from insurance shall not extend or postpone the due date of the monthly <br />payments provided in the above-mentioned note, or change the amount of the payments. <br />6. LENDER PROTECTIONS/ADVANCES. If Borrower fails to perform the <br />covenants and agreements herein contained, Lender may do and pay for whatever Lender <br />deems necessary or prudent to protect the value of the property and Lender's rights in <br />the property, including the payment of any sum secured by a lien which has priority of <br />this security instrument, appearing in Court, paying reasonable attorney fees and costs, <br />obtaining insurance coverage, and entering the property to make repairs. Any amount <br />disbursed by Lender under this paragraph shall become an additional debt of Borrower <br />secured by this security instrument, to bear interest from the date of disbursement and <br />said amount at the rate of zero percent (0%) per annum until refunded by Borrower. <br />7. NON-RELEASE/NON-WAIVER. Any extensions, modifications, or <br />renewals of the loan(s) granted by Lender to any successor in interest of Borrower shall <br />not operate to release the liability of the original Borrower or Borrower's successors in <br />Page 3 of 8 <br />