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200708699 Borrower shall promptly discharge any lien which bas priority over this Securit.y Instcoment unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a 1Dl\lUW acceptable to Lender, but only 80 long as Borrower is porforming such agreement; (b) contests the liCln in good faith by, or defunds against enforcement of the lien in, legal proceCldings which in Lender's opinion operate to prevent the enforcement of thelicn while those proceediDgs are pending, but only until such proceediDgs are concluded; or (c) secures from the bolder of the lien an agreement satisfactol'Y to Lender sobordinating 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 Instnunent, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which ihat notice is given, Borrower sball-tisfy the lien or take one or more of the actions set forth above in this Section 4. Lendet may require Borrower to pay a one-timc Charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. S. Property Insuran<:e. Bonower shall bep the improvm:DflDts now existing or hereafter erected on the Property iosored agaiDst loss by fire, bamnls included within the term "extended coverage," and any other hazards including, but not limited to, earlhquakes and floods, for which J...endcr requires insurance. This iosu:rance shall be maintained in the amounts (includibg deductible levels) and for the periods that Lender requires. What Lender requires pursuant. to the preceding sentences can chango during the tenn of the Loan. The insuranCe carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay , in connection with this Loan, either: (a) a one-time charge for flood zone detenoination. certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the FedMal Emergency Managemmrt Ap,m:;y in connection with the_ review of any flood zone determination l8SlJlting from. an objection by Borrower. If Borrower fails to DI/ltntAm any of the coverages described above, Lender JDllY obtain insurance coverage, at Lender's option and Borrower's expen..'l8. Lender is under no obligation to purchase any particular type or ammmt of coverage. Therefore, such coverage sball cover Lender, but might or might not protect Borrower, Bouower's equity in the Property, or the contents of the Property, against allY risk, hazard or liability and might provide greater or lesser coVCIRge than was previously in effect. Borrower acknowledges that the cost of the insnmnce 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 additional debt of Borrower secured by this Security lDstrument. These amounts shall bear interest at the Note rate from. the date of disbursement and sba1l be payable, with such interest, upon notice from Lender to Borrower :requesting paymcmt. All insuraDce policies required by Lender and renewals 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 sbaU have the right to hold the policies and renewal certificates. If Lender -requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any fonn of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower sbaU give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree 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, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold 0lI<:h ........,. procee& mWI LeDdor bas had an ~ to ZJ - ~ '" ....... lho _-SINE) 100061 Ploa.. 0 of 16' Form 3028 1/01