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200600582 E!orrower shall promptly discharge any lien which hu priority over this Security Instrument unless Borrower; (a) agrees in writing to the payment of the obligation secured by the lien in a manne!r acceptable to Lender, but only so long as Borrower is performing such agreement; (b) conteSts the lien in good faith by, or defends against flnforcement of the lien in, legal J:lroceedings 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 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 shalllilatisfy the lien or take one or morfl of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time chargfl for a real flstate tax verifJ.Cation and/or reporting se!rvice used by l.ender in connection with this Loan. S, Property Insurance, Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by tire, hazards included within the term "extended coverasl!," and any other hazards including, but not limited to, earthquakes and floods, for which Lender rcqul~s insurance. This insurance shall be m.aintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requirea pursuant to the prcc\!dil1g sentences ean change during the term of the Loan. The insurance carrier providing the insuranC$ shall be chosen by Borrower subject to Lender's right to disapprove Borrower'!! choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in conn\!ction with this Loan, eitlu.'JX': (a) a one-time charge fo:\" flood zone detennination, certification and tracking services; or (b) a one"tirne charge for flood zone d\!tClnnination and certification services and subsequent charges each time remappings or swilar changes Occur which reasonably might affect such det:ennination or ce!rtitication. Borrower shall also be responsible fOr th\! payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any floocl zone detemtination resulting from an objection by Borrower. If 80rrower 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 sreater or lesser coverage than was previously in effect. Borrower aeknowledg\!s that the cost of the insurance coverag$ so obtained might significantly exceed the cost of insurance that Borrower could bave obtainl!ld, Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. Thillse amounts shall bear interest at the Note rate from the date of diaburs",ment and shall be payable, with sucb interest, upon notice from Londer to Boroower requesting payment. All insurance policies required by Lflnder and reMwals 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 certific9.t\!$, If Lendel:' X'equircs, Borrower shall promptly Siv$ to Lender all receipts of paid premiums and renewal notices. It Borrower obtains any fonn of insurance coverage, not otherwise required by Lender, for damagl!l lO, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee andlor as an additiona110ss payee. In the event of loss, Borrower sball give prompt notice! to the insurance carrier and Lender. Lender may malee proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise ligree 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 I if the restoration or repair is economically feasible and Lande-r's security is not lessened. During such repair and restoration period, Le.nder shall have the right to hold sucb insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the E990802 fIt-8AINE) ~04I071 Inltl.l~i~Z" I'agl a 8f Iii ES 'd Ot6t 'ON dJO~ MOJJs3 ~ ~lt!l tS~M4tJON Form 3028 1/01 VldES:S 9000 'Ol 'U'ef