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200604210 Borrower shall promptly discharge any lion which hes priority over this Sacurity Instrument unless Borrower: (a) agraes in writing to the paymant of the obligation sacurad by tho lion in a mannar acceptabla to lendar; Ibl cDntasts in good faith the lien by, Dr defends against enforcement of the lien in, legel proceedings which in the lender's opinion operate to prevent the enfDrcement of the lion; Dr Ic) secures frDm the holder of tho lion an agreement satisfactory to lender SUbordinating the lien to this Security Instrument. If lender detarmines that any part of the PrDperty is subject to a lien which may attain priDrity over this Security Instrument, lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien Dr take one Dr more of the actions set fDrth abDve within 10 days of the giving of notice. 5. Hazard or Property Insurance. Borrower shall keap the improvements now existing or hereaftar erected on the Property insured against IDss by fire, hazards includad within the term "axtendad covarage" and any Dther hazards, including floods or flooding, for which Lander requires insuranca. This insurance shall be maintained in the emounts and fDr the periods that lender requires. The insurance carrier providing the insurance shall be chosan by BDrrDwer subject to lender's approval which shall not be unreasonably withheld. If Borrower fails to maintain cDverage described above, lender may, at lender's option. obtain coverage to prDtect lender's rights in the Property in accordance with paragraph 7. All insurence policies and renawals shall be acceptable to lender and shall include a standard mortgage clause. lendar shall have the right to hold the policies and ranewals. If lender requires, Borrower shall prDmptly give to lender all receipts Df paid premiums and renewal notices. In the event of loss, BDrrDwer shall give prompt notice to the insurance carrier and lender. lender may make prDDf Df IDss if not made promptly by Borrower. Unless lender and BDrrDwer Dtherwise agree in writing, insurance prDceeds shall be applied to restDratiDn Dr repair Df the PrDperty damaged, if the restoratiDn or repair is economically feasible and lender's security is not lessened. If the rastDration Dr rapair is nDt eCDnomically feasible or lender's security would be lessened, the insurance prDcaeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with any excess paid to Borrower. If Borrower abandons the Property, Dr does not answer within the numbar of days prescribed by applicable law as set forth in a notice from lender tD Borrower that the insurance carrier has Dffered tD soUle a cleim, then lender may collect the insurance proceeds. lender may use the proceeds tD repair Dr restDre the PrDperty Dr tD pay sums secured by this Security Instrument, whether or nDt then due. The periDd Df time for Borrower to answer as set forth in the notice will begin when the notice is given. Unless lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs 1 and 2 Dr change the emount of the paymants. If under paragraph 21 the Property is acquired by Lender, Borrower's right to any insurance pDlicies and proceeds resulting from damage to the Property prior to the acquisition shall pass to lender to the extent Df the sums secured by this Security Instrument immediately prior to the acquisition. 6. Preservation, Maintenance and Protection of the Property; Borrower's Loan Application; leaseholds. BDrrower shall not destroy, damage or impair the Property, allow the Property to deteriorate, or commit waste Dn the Property. Borrower shall be in default if any forfeiture action Dr proceeding, whether civil or criminal, is begun that in lender's good faith judgment could result in forfeiture of the Property Dr Dtherwise materially impair the lien created by this Security Instrument Dr lender's security interest. BDrrDwer may cure such a default and reinstate, as provided in paragraph 18, by ceusing the action or proceeding tD be dismissed with a ruling that. in lender's gDDd faith datermination, precludes fDrfaiture of the BorrDwer's interest in the Property or other material impairment of the lien matad by this Security Instrument Dr lender's security interest. BDrrDwer shall alsD be in default if Borrowar, during the IDan applicatiDn prDcess, gave materially false Dr inaccurate infDrmation or statements to lander (Dr failed to provide lender with any material infDrmatiDn) in connectiDn with the IDan evidenced by the Note. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions Df the lease. If BDrrDwer acquires fee title tD the PrDperty, the leasehold and the fee title shall not merge unless lender agraes tD the merger in writing. 7. Protection of lender's Rights in the Property. If BDrrDwer fails to perfDrm the CDvenants and agreements cDntained in this Security Instrument. Dr there is a legal prDceeding that may significantly affect lender's rights in the Property Isuch as a proceeding in bankruptcy, prDbate. for cDndemnatiDn Dr fDrfeiture Dr to enforce laws Dr regulatiDns!. then lender may dD and pay for whatever is nacassary to protect the value Df the Proparty and lander's rights in the PrDperty. lender's actiDns mey include paying any sums secured by a lien which has priDrity over this Sacurity Instrument. appearing in CDurt. paying reasonable attDrneys' fees and entering Dn the Proparty to make repairs. AlthDugh lender may take action under this paragraph 7, lender dDes not have tD do SD. Any amDunts disbursad by Lendar under this paragraph 7 shall become additiDnal debt Df BDrrower secured by this Security Instrumant. Unless Borrower and lender agree to Dther terms Df payment, these amounts shall baar interest frDm the date Df disbursamentat the Note rate and shall be payable, with intarest. upDn nDtice frDm lender tD Borrower requesting payment. By initialing, I acknowledge this is page 3 of 7 of the Deed of Trust. @ Copyright Complionco 5v'tom" I"" 1i83. 1994. 1995. 1887.2004 IHM 121NE,3 194081 rog. 3 of 7 ~c- Ini,i~ls Initials Initials Initials www.cDmpliillnClIsVllitt!lmS.CDm 800.966.6522 Fox 616.856.1666