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200207491 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to die payment of die obligation .so:ured by the lien in a manner acceptable H Lender, but only so long as Burrower is performing such agreement: (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent die enforcement of the lien while dense proceedings arc pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement .satisfactory to Lender subordinating die lien to this Security Instrument If Lender determines that any part of the Property is subject in 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 dal 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 we verification and/or reporting service used by Lender in connection with this Loan. S. Properly Insurance. Borrower shall keep die impruvcrnems now existing or hereafter erected on the Property insured against loss by file, hazards included within the term "extended coverage;' and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall he maintained in the amounts (including deductible levels) and for the periods Had Lender requires. What Lender requires pursuant to the preceding sentences can change during He term of the Loan. The insurance carrier providing He insurance shall be chosen by Burrower 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 Lomb, either: (a) a ono -time charge for flood zone delermnaton, certification mid tracking services; or (b) a one -time charge for flood zone demrninadon and certification services and subsequent charges cash 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 unposed by die 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. Lander 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 die contents of He Property, against any risk, heiarrl or liability and might provide greater or lesser coverage Han was previously in effect. Burrower 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 additional dell of Burrower secured by this Secmity Instrument.'fhese amounts shall bear interest at the Note ram from the date of disbursement and shall be payable, with such interest, Open notice from Lender Or Burrower requesting paynient. 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 Linder as morrgagce aid /or as an additional loss Pryor. Leader shall have the right to hold He policies and renewal certificates. If Lender requires, Borrower shall promptly give m Lender all receipts of paid premiums aid renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Under as mortgagee and/or as ah additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and lender. Lender nay make proof of loss if Out made 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 revocation or repair of He Property, if the restoration or repair is economically feasible and Lender's security is not lessunal. During such repair and restoration period, Lender shall have He right to hold such insurance prucc ds until Lender has had an opportunity to inspect such Property to ensure the D.0 1 311606 APPL pr 0016180359 � LOAN p:0016187355 Phil : ��6(NE)n0000n Pagesons � Form 3028 tlrl