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200214001 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the ohliganon secured by the lien in a manner aucplable to Lender, huh 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 Lender's opinion operate to prevent the enforcement of the 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 lhal any part of the Properly 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 (laic on which that 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. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter carried on the Property insured against loss by fire, hazards included within the term 'extended coverage," and any other hazards including, hat nut 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 fender requires pursuant to the preceding sentences can change during the term of the I,oan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which righl shall not be exercised unreasonably. Lender may require Bawer to pay, in connection with this Loan, either: (a) a one -time charge for (lend rune determination, cerification and tracking services; or (b) a one -time charge for flood zone determination and certification services and suhscqucin charges each time renlappings or similar changes occur which reasonably might affect such determination or certification, Borrower shall also be rrapmc ibhc for the pzymcta of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood one dcmrninmien 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 Borrower, Borrower's equity in the Property, OF We contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges War 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 debt of Borrower secured by this Security Instrument. These annnuds shall bear interest at We Note into 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, and shall name Lender as mortgagee 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 and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lcndcr, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee anti /or as an additional hiss payee. In the event of loss. Borrower shall give prompt notice to the insurance carrier and Lender. [under 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 insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the -OmNE) eelli it seat ons ioaow Imnn 3028 1101 d