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200704409 Borrawer shall pramptly discharge any lien which has priarity aver this Security Instrument unless Borrawer: (a) agrees in writing to. the payment af the abligatian secured by the lien in a manner acceptable to. Lender, but anly sa lang as Barrawer is perf arming such agreement; (b) cantests the lien in gaad faith by, ar defends against enforcement af the lien in, legal praceedings which in Lender's apinian aperate to. prevent the enfarcement af the lien while thase proceedings are pending, but anly until such proceedings are cancluded; ar (c) secures fram the halder af the lien an agreement satisfactary to. Lender subardinating the lien to. this Security Instrument. If Lender determines that any part af the Praperty is subject to. a lien which can attain priarity aver this Security Instrument, Lender may give Borrawer a natice identifying the lien. Within 10 days af the date an which that natice is given, Borrawer shall satisfy the lien ar take ane ar mare af the actians set farth abave in this Sectian 4. Lender may require Barrawer to. pay a ane-time charge far a real estate tax verificatian and/ar reparting service used by Lender in cannectian with this Laan. 5. Property Insurance. Borrawer shall keep the impravements naw existing ar hereafter erected an the Praperty insured against lass by fire, hazards included within the term "extended caverage," and any ather hazards including, but nat limited to., earthquakes and flaads, far which Lender requires insurance. This insurance shall be maintained in the amaunts (including deductible levels) and far the periads that Lender requires. What Lender requires pursuant to. the preceding sentences can change during the term af the Laan. The insurance carrier praviding the insurance shall be chasen by Borrawer subject to. Lender's right to. disapprove Barrower's chaice, which right shall nat be exercised unreasanably. Lender may require Borrawer to. pay, in cannectian with this Laan, either: (a) a one-time charge far flaad zane determination, certification and tracking services; ar (b) a one-time charge far flaad zane determinatian and certificatian services and subsequent charges each time remappings ar similar changes accur which reasanably might affect such determination ar certification. Borrawer shall also. be respansible far the payment af any fees impased by the Federal Emergency Management Agency in cannectian with the review af any flaad zane determinatian resulting fram an abjectian by Borrawer. If Borrawer fails to. maintain any af the caverages described abave, Lender may abtain insurance caverage, at Lender's aptian and Barrawer' s expense. Lender is under no. abligatian to. purchase any particular type ar amaunt af caverage. Therefare, such caverage shall caver Lender, but might ar might nat protect Borrawer, Barrawer's equity in the Praperty, ar the cantents af the Praperty, against any risk, hazard ar liability and might pravide greater or lesser caverage than was previausly in effect. Borrawer acknawledges that the cast of the insurance caverage sa abtained might significantly exceed the cast af insurance that Borrawer cauld have abtained. Any amaunts disbursed by Lender under this Sectian 5 shall became additianal debt af Barrawer secured by this Security Instrument. These amaunts shall bear interest at the Nate rate from the date af disbursement and shall be payable, with such interest, upan natice fram Lender to. Borrower requesting payment. All insurance palicies required by Lender and renewals af such palicies shall be subject to. Lender's right to. disapprove such palicies, shall include a standard martgage clause, and shall name Lender as martgagee and/ ar as an additianal lass payee. Lender shall have the right to. hald the palicies and renewal certificates. If Lender requires, Borrawer shall promptly give to. Lender all receipts af paid premiums and renewal natices. If Borrawer abtains any farm af insurance caverage, nat atherwise required by Lender, far damage to., ar destructian af, the Property, such palicy shan include a standard mortgage clause and shall name Lender as martgagee and! ar as an additianal lass payee. In the event af lass, Barrawer shall give prampt natice to. the insurance carrier and Lender. Lender may make praaf af lass if nat made pramptly by Borrawer. Unless Lender and Barrower atherwise agree in writing, any insurance proceeds, whether ar nat the underlying insurance was required by Lender, shall be applied to. restaratian ar repair af the Property, if the restaratian ar repair is econamically feasible and Lender's security is nat lessened. During such repair and restaratian peri ad, Lender shaH have the right to. hald such insurance praceeds until Lender has had. an appartunity to. inspect such Property to. ensure the Page 6 of 1 5 Initials: ;!!:f""- ~ 230195 G-6(NE) (0407).02 @ Form 3028 1/01