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200703753 B.orr.ower shall pr.omptly discharge any lien which has pri.ority .over this Security Instrument unless Borr.ower: (a) agrees in writing t.o the payment .of the .obligati.on secured by the lien in a manner acceptable t.o Lender, but .only sa l.ong as B.orr.ower is perf.orming such agreement; (b) c.ontests the lien in g.o.od faith by, .or defends against enf.orcement .of the lien in, legal pr.oceedings which in Lender's .opini.on .operate t.o prevent the enf.orcement .of the lien while th.ose proceedings are pending, but .only until such pr.oceedings are c.oncluded; .or (c) secures fr.om the h.older .of the lien an agreement satisfact.ory t.o Lender sub.ordinating the lien t.o this Security Instrument. If Lender determines that any part .of the Property is subject t.o a lien which can attain pri.ority .over this Security Instrument, Lender may give Borr.ower a n.otice identifying the lien. Within 10 days .of the date .on which that n.otice is given, Borr.ower shall satisfy the lien .or take .one .or mare .of the acti.ons set forth ab.ove in this Secti.on 4. Lender may require Borr.ower t.o pay a .one-time charge far a real estate tax verificati.on and/.or rep.orting service used by Lender in c.onnecti.on with this L.oan. 5. Property Insurance. Borr.ower shall keep the impr.ovements n.ow existing .or hereafter erected .on the Pr.operty insured against lass by fire, hazards included within the term "extended c.overage," and any .other hazards including, but n.ot limited t.o, earthquakes and fl.o.ods, far which Lender requires insurance. This insurance shall be maintained in the am.ounts (including deductible levels) and far the peri.ods that Lender requires. What Lender requires pursuant t.o the preceding sentences can change during the term .of the L.oan. The insurance carrier providing the insurance shall be chasen by B.orr.ower subject t.o Lender's right t.o disapprove Borrower's ch.oice, which right shall n.ot be exercised unreas.onably. Lender may require Borr.ower t.o pay, in c.onnecti.on with this L.oan, either: (a) a .one-time charge far fl.o.od z.one determinati.on, certificati.on and tracking services; .or (b) a .one-time charge far fl.o.od z.one determinati.on and certificati.on services and subsequent charges each time remappings .or similar changes .occur which reas.onably might affect such determinati.on .or certificati.on. Borr.ower shall als.o be respansible far the payment .of any fees imp.osed by the Federal Emergency Management Agency in c.onnecti.on with the review .of any fl.o.od z.one determinati.on resulting fr.om an .objecti.on by Borr.ower. If B.orr.ower fails t.o maintain any .of the c.overages described ab.ove, Lender may .obtain iJ'surance cuverage, at Lender's aptian and Borr.ower' s expense. Lender is under n.o .obligatiar t.o purchase any particular type .or am.ount .of c.overage. Theref.ore, such c.overage shall caver Lender, but might or might n.ot pr.otect Borr.ower, B.orr.ower's equity in the Property, .or the c.ontents .of the Pr.operty, against any risk, hazard .or liability and might pr.ovide greater .or lesser c.overage than wa<; previ.ously in effect. Borr.ower acknowledges that the cast .of the insurance c.overage sa .obtained might significantly exceed the cast .of insurance that Borr.ower c.ould have .obtained. Any am.ounts disbursed by Lender under this Secti.on 5 shall became additi.onal debt .of B.orr.ower secured by this Security Instrument. These am.ounts shall bear interest at the Nate rate from the date .of disbursement and shall be payable, with such interest, up.on natice fr.om Lender ta Borrawer requesting payment. All insurance palicies required by Lender and renewals .of such p.olicies shall be subject t.o Lender's right t.o disapprove such p.olicies, shall include a standard martgage clause, and shall name Lender as martgagee and/.or as an additianall.oss payee. Lender shall have the right ta hald the palicies and renewal certificates. If Lender requires, Borrawer shall promptly give t.o Lender all receipts .of paid premiums and renewal n.otices. If Borr.ower .obtains any farm .of insurance caverage, nat .otherwise required by Lender, far damage ta, .or destructian .of, the Praperty, such palicy shall include a standard m.ortgage clause and shall name Lender as martgagee and/ .or as an additianallass payee. In the event .of lass, Borrower shall give prompt n.otice ta the insurance carrier and Lender. Lender may make pr.oaf.of lass if nat made promptly by Borrawer. Unless Lender and Borrawer .otherwise agree in writing, any insurance praceeds, whether .or n.ot the underlying insurance was required by Lender, shall be applied t.o rest.orati.on .or repair .of the Property, if the rest.oratian .or repair is ecanamically feasible and Lender's security is n.ot lessened. During such repair and rest.oratian periad, Lender shall have the right ta h.old such insurance pr.oceeds until Lender has had an .opp.ortunity ta inspect such Praperty ta ensure the .-6(NE) (0407).02 @ Initials; b~ 230189 Page 6 of 1 5 Form 3028 1/01