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200207183 Iunmwer shall promptly discharge any lien which hen priority over this Security Instrument unless Ikurower (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lendcl opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings ere concluded; or (c) secures from the holder of rho lien an agreement satisfactory to Lender subordinating the lien to this Security Insuullent. If Lender deterrrdms that any part of the Property is subject to a lien which can attain priorty over this Security Instrument, Leader may give Borrower a notice identifying the lien Within ID days of the Aare an which that notice is given, Horri vcr shall satisfy the lien or take one or tool c of the actions set forth above in this Section 4. Lender may require Borrower to pay a he -lime charge for a real estate tax verification and/or reporting service used by Lerdcr in contraction with this Loan 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by late, hazards included within the term "extended coverage," and any other hazards including, but not limited lo, earthquakes and floods, for which Lender requires insurmase. This assistance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences em change during the term of the Loa. The insurance carrier providing the insurance shall be chosen by Borrower minicar to Lender's right to disapprove Borrower's choice, which right Shall not be exercised umrasowbly. Lender may require Burrower to pay, in connection with this Loa, either (a) a one -time charge for tlwd zoo determination, certification and tracking Services, or (b) a one nine charge for flood zone determination and certification services and subsequent charges each time marippings ors oiler changes occur which reasonably might affect south deerfuiantiun or certification. Harrower shall nalso be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any food zone determination resulting from an abjection by Borrower. If Boaowe fails to maintain ay of the coverages described Shove, Lender fully obtain insurance coverage, at Lender's option and ]unnwer'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 Borrower, Borrower's equity in the Property, or the contents of the Property, against my risk hazmd or liability ad might provide greater or lesser coverage than was previously in effaxt. Borrower acknowledges that me cost of the insurance coverage obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Tender under this Section 5 shall become additional debt of Borrower soured by this Seoul try Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such Interest, upon notice from Lender to Borrower 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, laid shall name Lender an non tgagee and/or as an additional loss payee Lender shall have the right to hold the policies and renewal certificates, If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums mid renewal cobras_ If Borrower obtains any form of insurance coverage, not otherwise required by Lent for damage lo, or destruction of, the Property, such policy shall include a standard mortgage clause Sod shall name Lender as mortgagee andior as an 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 Burrower. Unless Lender and Burrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, Shull be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lenders Swaty is not lessened During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lander has had an opportunity to inspect such Property to ensure the 6' 229152 ®.emslmmsr w +emus - � warm 3028 1101