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200702415 Borrower shall promptly discharge any litn which has priority Over this Security lns~mment unless Borrower; (a) agrt:es in writing to the payment of the obligation secured by the lit.'T1 in a manner acceptable to Lender, but only so long as Borrower is per/arming such agreemen~; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Ll;!nder's opinion opeHlte to prevent the ent'o(cement of the lien while those proceedings are pending, bm only Iintil such proceedings are concluded: or (c) secures from the holder of thl;! lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that mlY part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a nOlice 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 Uli$ Section 4. Lender may require Borrower to pay a ona.time charge for a teal estate tax verification and/or reponing service used by Lender in connection with this Loan. S.Property Insurance. BOrrower shall keep th~ improvements now existing or hereatrer C(cctoo on the Property insured against 1088 by tire, hazards included within the tenn "extended coverage, 'I and MY othe( ha:d1rds including, but not limited to, earthquakes and tloods, for which Lender requires insurance. This insurlU1r:e shall be maimaitJ.e4 in the amounts (inclliding deductible levels) and for the periods mat Ll;.'T1d~r requires. What Lender requires pursuant to the preceding sentence~ can chmlge during U'le tetm of the Loan. 'The insurance carrier providing the insurance shan be chosen by narrower subjl;!ct [0 Lender's right to disapprove Borrower's choice, which right shall not be exercisee) unreasonably. Len4er may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge ttJr flood zone determina~ion. certification and tracking services; or (b) a one-time charge for tlood zone determination and certification sl;.'TVlces and subsequent charges each time remappings or similar changes occur which reasonably might affect slich determination or certification. Borrower shall also be responsible for the payment of anyl'ees imposed by the Federal Emergency Management Agency in connection with the review of any flood zonc ueteIlIlination resulting from an objection by Borrower. If Borrower fails to maintain Olny of the coverages described above. Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to p\.lrchase any particular type or amount of coverage. Therefore, such coverage shaH COVer Lender, bur might or might not protect Borrower, Borrower's equity in the Property, or the COn~ents 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 a44jtional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at tile Note rate from the date of disbursement and shall be payable, with such imerest, upon notice fr0111 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 slIch policies, shall include a standard mortgage clause, ancJ shall name Lender as mortgagee and/or as an additionallofls payee. Lender shall have the tight to hold the policies and renewal ceniticates. If Lender requires, llorrower shall promptly give to Lender aU receipts of paid premiums and renewal notices. It' Borrower ObL:1ins any form of insurance cove(age, not otherwise required by Lender, for damago to. or destn\cticlO of, the Property. such pOlicy shall include a standard moltgage clause $le) shall name Lender as mortgagee and/or .as an additiona.lloss payee. 1n the event of loss. Borrower shall give prompt notice to the insura.nce C3TTil;!r and Lender. Lencler may make proof 01' lClss if not made promptly by Bon-ower. Unless Lender and Borrower otherwise agree in writing, any insurance proceec:l$, whether or not the unaerlying insurance was rtX!uired by Lender, shall be applied to restoration or repair of the f>ropcrty. if the restoration Or repair is economically feasible and Lender's security is not lessened. O\.lring such repair and re$~OTation period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspcct such Property to ensure the ~.6INr;) 10005, POll" 6 0/16 Inltl~I;t:A!..-- C rJ Form 3029 1/Q1