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200206074 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agreesin writing to the payment of the obligation sccurodby the lien in a manner accept able to Lender, but only so long as Borrower is performing such agreement; (h) contests the lien in good faith by, or defends against enfb¢ementof the Gen in, legal proceedings which in Lender's opinion operateto prevent the enforcementof the lien while those proceedings are pending, but only until such proceedings are concluded; of (c) secures from the holder of the lien an agreementsatisfactory to Lender subordinating the lien to this Security Instrument If Lender determincsthal any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Fa rmwera notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lion or take one or mote 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 improvementsnow existing or hereafter erected on the Property insured against loss by fare, hazards included within the term "extended coverage," and any other hazards including, but not limited to, carthquakesand floods, for which Lender requires Insurance. This insurance shall be maintained in the amounts ( including deductible levels) and for the periods That Lcndcrrequires. What Lender requires pursuantto 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 pay, in connection with this Loan, either: (a) a one -time charge for flood zone determination, certification 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 any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at 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 Burrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Bnrrnwer could have obtained. Any amountxdisbursed by Lender under this Section 5 .shall become additional debt of Borrowersecured by this Security Instrument. These amounts shall bear interest at the Note rate front the date of disbunmmcntand shall be payable, with such interest, upon notice from Lender to Rorlower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/oras an additional loss payee. Lender shall have the right to hold the policies and rcncwal certificates. if Lender requires, Borrower shall promptly give to Lender all receipts of paid premiumsand renewal notices. If Borrower obtains any form of insurance coverage, not otherwise rcquiredby Lender, for damage m, or destruction of, the Property, such policy shall include a standard mortgage clause and shall rune Lender as mortgagee and /or as rot additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurancewa.s rcquiredby Lender, shall be applied In restorationor repair of the Property, if the restoralionor repair is economically fcaxibde and Lender's secarily is not lessened. During such repair and reslsuationperiod, Lender shall have the right W hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the (CD CANE) woo, Pay=sm is Form3028 1/01 0 oos rvrr