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200709477 Borrower shall promptly discharge any lien which has priority over thia Security Instrument unless Borrowor: (a) agroos in writina to the payment of the obligation secured by the lien 10. a manner acceptable to Lender, but only SO long as Borrower is performing such agreement; (b) contests the lien in aood faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating 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 IJl8t1'Ut);)tXl.t, Lender may give Borrower a notice identifyins 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 this Section 4. Lender may require l\orrower to pay a one-time charge. fOr a real eswe tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. aorrower shall keep the improvements now exieting or hereafter erected on the l'ropeny insured against loss by fire, h~ard8 included within the tenn "extended coverase," and any other hazards including, but not limited to, earthquakes and floods, for which Lendei' requires in8urance. This insurance shall be maintained in the amounts (includina deductible levels) and for the periods that Lender requires. What Lender req\:1.ires pursuant to the precedin.g sentences can change during the term of the Loan. The insurance cmier providing the insurance shall be ~06eD by Bouower subject to Lender's tight to disapprove Borrower's choiee, which right &hall not be exerciSed unreasol1ably. Lender may require Borrower to pay, in connection with. this Loan, either: (&) a one-time charge for flood zone determination, oenifioation and tracking serviceSi or (b) a one-time charge for flood zone (l.ctcrmination and certification services and subsequent charses each time remapping. or similar changes occur which reasonably might affect su.ch determination or certification. Borrower shall also he responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood lone detennl.i1ation resulting from an objection by Borrower. If Borrower fails to maintain any of the coverlies desetlbed above, Lender may obtain insurance coverage, at Lender's optton ~d Borrower's expense. Lender is uncler no obligation to purchase any particular type or amount of coverage, Therefore, IilUch coverage shall cover Lender. but might or might not protect Borrower, Borrower's equity in the Propeny, or the contents of the Property. against any risk, hazard or liability and might provitle jreater or lesser coverage than was previol.l8ly in effect. 8orrower acknowledges that [he cost of the insurance coverage so obtained might signifil<antly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section S shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at thc Note rate from the date of ciisburaement and shall be payable, with such incere5t, upon notice from LendGr (0 Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subj.ect to Lender's right to disapprove such policies, sN1J include a standard mortgage clause, and shall name Lender as mortgagee and/or as lID additional loss payee, Lender shall have lhe right to hold the policies and renewal cenificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiUltlB and renewal notices. If Borrower obtain$ any form of insurance coverage, not otherwise required by let1d.er, for damage to, or delltruction of, the Property, such policy shall Include a standard mortgage clause and shall runne Lender as mortgasee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unlcss Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was reqQired. by Lender, shall be applied to restoration or repaJ.r of the Property, if the restoration or repair is economically feasible and Lender's security is not Itlil'i~ed. During such repair and restoration period. Lender shall have the right to hold such insura.o.ce proceeds until Lender has had an opportunity to inspect such PropertY to ensure the _-6INEl 100061 pogo tI Of 15 Inili8laUP. I\.. IIorm 3028 1/01