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200805531 Bonuwer shall promptly di<;charge any lien which bas priority over this Security Instrument unless Bom)wer: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Bonuwer is pedonning such agreement; (b) contes~ the lien in good faith by, or defends against enforeement of the lien in, legal proceedings which in Lender's opnion operate to prevent the enforeement 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 subontinating the lien to this Security Instrument If Lender detennines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Bonuwer a notice identifying the lien. Within 10 days of the date on which that notice is given, Bonuwer shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Bonuwer to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Bonuwer shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. Wlutt Lender requires pursuant to the preceding sentences can change during the term of the LoM. The insunmce canier providing the insurance shall be chosen by Bonuwer subject to Lender's right to disapprove Bonuwer's choice, which right shall not be exereised unreasonably. Lender may retjuire Ronuwcr to pay, in connection with this Loan, either: (a) a one-time charge for flood zone dctennination, ccrtifietttion and tracking services; or (b) a one-time charge for flood zone detennination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such detennination or certification. Bonuwer shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of MY flood zone detennination resulting from an objection by Bonuwer. If Bonuwer fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Ronuwer's expense. Lender is under no obligation to purehase any particular type or anlount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Bonuwer, Bonuwer's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or les.<;er coverage than was previou<;ly in effect Bonuwer acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Ronuwer could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Bonuwer secured by this Security Instrument. These anlOunts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Ronuwcr requesting payment All insurance 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 shall have the right to hold the policies and renewal certifiCtttes. If Lender requires, Ronuwer shall promptly give to Lender all receipts of paid premiums and renewal notices. If Bonuwer obtains any form 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 ltll additional loss payee. In the event of loss, Ronuwer shall give prompt notice to the insUl1ll1Ce carrier and Lender. Lender may make proof' of loss if not made promptly by Bonuwer. Unless Lender and Bonuwer otherwise agree in writing, MY insunmce proceeds, whether or not the underlying insunmce was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically fell'>ible and Lender's security is not lessened I>uring such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the 002005398805 .-6A(NE) (0407).01 @ "-6 of 15 ~ Form 3028 1/01 CiliMortgage 3.2.15.16 V3