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20020725E Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower (a) agrees vriting to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrows is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which In Leader's opinion operate to prevent the union cement of the lien elute these proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien on agreement satisfactory to Lender subordinating the list to this Security Instrument. If 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 lien 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 eel forth above in this Section 4. harbor may require Borrower to pay a one -time charge for a real estate tax verification and/or rgmrting service used by Lender in connection with this Lumr. 5. Property Insurance. Borrower shall keep the improventcnte n existing or fertility netted on the Property insured against loss by fire, hazards included within the teen "wtcnded coverage," and any other hazards including, but not limited to, earthquake and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender re coh as. What Lender requires pursuant to the preceding sentences can charge during the term of the Loan. The insurance carrier prodding the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not he exercised umeasonabty_ Lends may require Turnover to pay, in connection with this Loan, titan (a) a one-shot charge for flood zone deterndnntion, certification and tracking services; or (b) a one-horse charge for flood nnc ddermination and eertifiwliev services and subsequent charges each lime romappings or similar changes occur which reasonably might atl'ed such determination or certification Borrower shall also he responsible for the payment of any tees imposed by The Federal fmergency Management Agency in connection with the m 1C of any flood zone determination resulting from an abjection by Borrower. if Borrower fails to maintain any of the coverages described above, Lends may obtain insurance coverage. at I author '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 Leader, but might or might not protect Borrower. Burrowe's equity in the Property, or the comants of the Property, against any risk, heard or liability and might provide greater or lesser cover age than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained night significantly exceed the cost of ranee that Burrower could have obtained Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower scoured by this Security Instrument. There amounts shall bear noted at the Note rate from the date of that summit and shall be payable, with Such interest, upon notice from Larder to Borrower requesting payment All insurance policies required by Leader 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 mongugre and/or as an additional loss payee. Lender shall have the Tight to hold the policies and renewal controller If Lender requires, Borrower shall promptly give to Larder all receipts of paid premiums and ewd notices_ If Borrower obtains arry form of Insurance coverage, not of aw Lae required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and as an additional loss paI In the even of loss, f irrramver shall give prompt notice to the insurance carrier and La ader. Leader may make proof of lass if not trade promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or 1loan of the Property, if the restoration m repair is economically feasible and Lender' e urity is not lessened_ During such repair mid restoration per iod, Lender shall have the right to hold such insurance procceds wnl Leader has had an opportunity to inspect such Property to ensure the ot� 229156 a(NE)rj,h rnot_t_ Fur,30211 riot