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200214022 Borrower shall promptly discharge any lien which has priurily over this Security Instrument unless Borrower. (a) agrees in writing to the payment of the obligation secured by the lien in a manner rac ;pl able to Lender, bud only su lung as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal porecv;dings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such pruceetlings 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 parr 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 date un 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 Lcndcr iu connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now esisling or hereafter erected on ttc Property insured against loss by fire, hazards included within the term "extended coverage.' and any other hazards in( luding, hat 1101 limited lo, earthquakes and floods, for which Lender requires insurance. This insurance shall he maintained in the amounts (including deductible levels) and for the periods that Leader requires. What Lender requires pursuant to the preceding sentences can change during the dorm of the Loan. The insurauw carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right 'hall riot he exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either (a) a one -time charge lot flood /one determination, eraideation and backing services; or (b) a one -time charge for flood zone determination and certification services and schsc luma charges each time romappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the paywcnt of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone delmool noon resulting front 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, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in ricer. Burrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Aav amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These 2mo0nIs draft bear inlared at dtc 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, and shall name Lender as mortgagee and /or as au additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Grader all receipts of paid premiums and 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 Lender as mortgagee and /or as an additional loess payce. In the event of doss, Borrower shall give prompt notice to the insurance carrier and lender. Lender may make proof of doss 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', acre rily is riot lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Ienter has had an uppurtunily to inspect such Property to ensure the (0-6(NE) t000s of roe=' of I r Farm 3028 1101 cV