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200206300 Burrower slmll promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by die lien in a manner acceptable to Lender, but only so long as Burrower is perforating such agreement; (h) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lenders opinion operate to prevent the enforcement of die lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to lender subordinating the lien to this Security Instrument. If Lender determines that any pan of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien Within 10 days of the dare on which mat 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. S. Property Insurance. Borrower shall keep the hnprovements now existing or hereafter erected on die Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, hilt not limited to, earthquakes and floods, for which Lender requires 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 Loan. The insurance carrier providing the insurance shall be chosen by Burrower subject to lender's right to disapprove Borrowers choice, which right shall not be exercised umeasonahly_ Lender may require Borrower to pay, in connection with this Use, either: (a) a one -time charge for flood zone deleruccuti... certification and tracking services; or @) 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 determnation or certification_ Burrower shall also be responsible for the payment of any fns imposed by the Federal Emergency Management Agency in emneetion 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 Lander, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any rick, 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 Borrower could have obtained_ Any amounts disbursed by Lender under this Section 5 shall become adda n ed debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Now rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Burrower 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 /or as an additional loan payee. fender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to fender all receipts of paid premiums and renewal notices_ If Borrower obtains any form of insurance coverage, not otherwise required by Under, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and /or as an additional loss payee. In the event of loss, Burrower 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 Burrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall he applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Leader's security is not lessened_ During such repair and restoration period, Lender shall have die right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the (P.,RNE) t000s/ rageaM is Form M28 1101