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200305727 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees ill tcruing to the payment of the obligation 'secured by the lien in a manner acceptable Lender, ender, but only so long as Pon I owet is performing such agreement; (b) contests the lien in good faith by, or defends against cn I orecmcnt oftire lien in, legal proceedings which in Lender s opinion operate to prevent the enforcement of the fie" while those proceedings are pending, but only until such proceedings are Laurel adcd; or (c) senues from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security InslI ones. I f Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the Herr, Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the 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. 5. Property 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 1101 blurted to, earthquakes and floods, for which Lender requires insurance. This insurance shall be .... ousined 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 Loan. The insurance carrier 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 pas, in connection with this Loan, either. (a) a one -time charge for flood zone determination, rewfiullion and tracking services; or (b) a one -time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of ally fees imposed by the Federal Emergency Management Agency in connection with the review at in, Flood zinc let cn initial un resulting_ Rona an objection by Borrower. If Borrower EnIN to nnaiatain any of the awcrages described above, Lender may obtain insurance coverage, at Lenders option and Borrower's expense_ Lender is under no obligation to purchase any particular type or anomn of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, heard of liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the era of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest it the Note rare fi'om the dam of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance p011c'ms required by Lender and renewals of such policies shall be subject to Lender's right to disappr.rvc Such policies, Shull include a standard mortgage clause, and shall name Lender as mortgagee and or as an additional loss payee Lender shall have the right to hold the policies mid renewal certi0cates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices_ If' Borrower obtains amv form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, tine Property, such policy shall include a standard mortgage clause mid shall name Lender as morteagcc cold or as an additional loss payee. In the even of loss_ Burrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of Toss if not trade promptly by Borrower, finless Lender and Borrower otherwise agree in writing, any insurance proceeds whether or not the underlying insurance was required by Lender, shall be applied I "'IN, ,it ion d,, repair of the Property, if the restoration or repair is economically feasible and Lender's seamy- is not lessened, During sueh repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the 03 -02- 000094 (W- 6A(NE) icocs:.oi ra;,e m I Form 3028 1101