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RE-RECQRDED
<br />200906316 200g0i439
<br />Borrower shall pror~gp$y discharge any lien wLzich Itas priority aver this Security Instrument unless
<br />. Borrower: (a) agrees in writing to the payment of ttxe obligatiorn secured by the lien iz1, a manner acceptable
<br />to Lender, bat only so long as Harrower is perfoxraing ~~, ag~eemerlt, (b) contests the lieiu in good faith
<br />by, or defends against enfarcernent of ~e lien in, legal proceedings which ixt bender's opinion operate to
<br />prevent the enfarceixtent of the lion while those proceedings are
<br />are concluded: or (C) secures $vm ttte holder of the lien am agreern~entsat;sfactoxy to Lenderer subardinatirrg
<br />the lien to this Security Inustrumcttt. If Lender deTexmines that any part of the >soperty is subject to a ligp
<br />which can attain priaztty over this Security Instrument, Lauder may give Borrower a notice identifying the
<br />lien. Within IO days of the date an which that notice is given, $arrowcr shall satisfy the lien or take one or
<br />azure a# the actions set forth above is tltis SeCtiatt 4.
<br />Lender may require Harrower tq pay a one-time charge for a real estate tart verification and/ax
<br />reportixig service used by Lender in connection with this Loan.
<br />5. Property* Insurance. Borrower shall keep the imprpvernetxts now existing or hereafter erected on
<br />.,,~ - the Pr4pesty insured against Loss by fine, hazards included within fire term "extsnded coverage," artd any
<br />~~-~ ~ ~ .' :..: other hazards including, but not 1lnU.ted to, earthquakes and floods, fqx which T pnri~ r
<br />~`~ is insurance shall be maintained in the amounts nacI ~l~ inst~xance.
<br />(' uding deducible levels) avid for the periods that
<br />~; ' ; der requires. What Lender
<br />~ Pint to the preceding setACences Can change during the term 4f
<br />S 1 ~ , ,, the;, att. ~'he insurance carrier providing the insurance shall be chosen by Borrower subject to J ender's
<br />~"" . ri to disapprove 13orrower'a choice, wYtich right shall not he exercised unz'easonably. Leztder may
<br />.~ •~• -i rcq 're Borrower to pay, in connection with this Loan, either- (a) a one-time charge for flood roue
<br />~ ~' .:~Y de radar, certification and tracldag services, or (p) a one-time charge for flood zone deterrnirtatian
<br />_ ~:,~ ~y , ` d certification services and subsequent charges eaeb~ time remappu4gs or similar changes occur which
<br />- ' !~' reasonably might affect such detenryinatioa nr cer'tificatiozt. $orrower shall also be responsible for fire
<br />payment of anx fees imposed by Ch~e Federal l:.vao~gency Management ,Agency in cavuaectioa with the
<br />review of auq flood zone dttermi~atian resulting from an objection by 13oxrower_
<br />- If Borrower fails to maimttin arty of the coverages desc~bed above, Lender may obtain insurance
<br />Coverage, at .Gender's option and Borrower's expense. Leader is tvotdcr ao obligation Uo purchase any
<br />particular type ar amount of coverage. Therefore, Stich coverage shall cove; Lender, but taught ox aught
<br />not protect Borrower, Borrower's equity ia~ the Property, Qr the contents of the Property, against any risk,
<br />hazard or liability and might provide greater or lesser coverage than was greviously in effect. Baxmwer
<br />acknowledges that the cost of tho in~aucc coverage so obtai~p~ed, migizt significantly emceed the cost of
<br />insurance that Harrower could have obtained- Any amounts disbursed by Lender under this Seeq~on S shall
<br />become additional debt of Borrower secured by this Security Im~+7+;,T++,~t. These ~gyp,~y shall bear irterest
<br />at the Note rate from the date of disbu~(5emeat sad shall be payable, with such interest, upon notice from
<br />Lender to Boxvowcr requesting paytz~nt.
<br />All insurance policies xegv5~red by Leader and renewals of such policies shah be subject to Lender's
<br />xigltt to disapprove such policies, shall include a standard mortgage clause, and Shall name Lender as
<br />mortgagee and/or as aq additional lass payee. Leader shall have the right to hold the policies and renewal
<br />certificates. If Lander requires, Barrovver shall promptly give w Lender all receipts of paid premiuvns and
<br />renewal notices. If Borrower obtplTrc any form of insurance coverage, IIOt otherwise required by Lender,
<br />- far damage to, or destruction of, the Property, Such policy shall include a standard mortgage clause and
<br />` shall name Lender as rttartgagee and/or as an ~ditional loss payee.
<br />In the event of lass, Borrower shall give prompt notice m the insuratce carrier and Letader. Lender
<br />- may zzaake proof of lgs5 if not made promptly by Borrower. Unless Lender and Harrower otherwise agree
<br />in writing, any insurance proceeds, whether or not the underlying insurance was required, by Letzder, shall
<br />be applied to restoration or repair of the Property, if the reswration or repaiz is economically feasible and
<br />Lender's security is not Iossea~I. boring Soria repair and restoration period, Lender shall have the xigbt to
<br />hold such insurance proceeds uatid Lett has had an ogpoxtuttity tv inapcct such Property to ensure the
<br />~xje 8 of f B Form 3028 1 /09
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