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200316426 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agreesin writing to the paymentof the obligation securedby the lien in a manneracceptableto Lender,but only so long as Borroweris performingsuch agreement;(b) contests the lien in good faith by, or defends against enforcementof the lien in, legal proceedingswhich in Lender's opinion operateto prevent the enforcementof the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreementsatisfactory to Lender subordinatingthe lien to this Security Instrument.If Lender determinesthat any part of the Propertyis subject to alien 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 set forth above in this Section 4. Lendermay requireBorrowerto pay a one - timecharge for a real estatetax verification and /orreporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvementsnow existing or hereaftererectedon the Property insured against loss by fire, 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 be maintainedin the amounts (including deductible levels) and for the periods that Lender requires.What Lender requirespursuantto the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower 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 Loan, either: (a) a one -time charge for flood zone determination, certification and tracking services; or (b) a one -time charge for flood zone determinationand certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determinationor certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency ManagementAgency 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. Lender is under no obligation to purchase any particulartype or amount of coverage. Therefore,such coverage shall cover Lender, but might or might not protectBorrower, 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 effect. Borrower 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 additionaldebt of Borrower securedby this Security Instrument.These amountsshall bear interestat the Note rate from the date of disbursementand shall be payable, with such interest,upon notice from Lender to Borrower requesting payment. All insurance policies requiredby 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 /oras an additionalloss 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 requiredby 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 loss payee. In the event of loss, Borrower shall give promptnotice to the insurance carrierand Lender. Lendermay 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 requiredby Lender, shall be applied to restorationor repair of the Property, if the restorationor repair is economically feasible and Lender's security is not lessened. During such repair and restorationperiod, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the Initials: • 6(M) ... t000� Page s or 15 Form 3028 1/01