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Zoloo~os3 13orrnwer shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (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 Borrower is performing such agreement; (b) contests the lien in grand faith by, ar defends against enforcement of the lien in, legal proceedings which in Lender s op~inian 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 arty pert of the Property is subject w a lien which can attain priority over this Security Instrument, Lender may give Harrower a nnti~ identifying the lien. Within 10 days of the date on which that notice is given, Harrower shall satisfy the lien ar take one or more of the actions set Earth above in this Section 4. Lender may require Borrower to pay aone-time charge far a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. $orrawer shall keep the improvements now existing or hereafter erected on the Property insured against lass by fire, hazards included within the term "extended coverage," and any other hazards including, but oat 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. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall he chosen by Harrower subject to i.ender' s right to disapprove Borrower's choia8, which right shall not be exercised unreasonably. Lender may require Harrower to pay, in connection with this Loan, either: (a) a one-time charge for flood woe determination, certification and tracking services; or (b) a one-time charge far flood zone deterrnutatinn and certification services and subsequent charges each tune rerr~ppings or similar changes occur which reasonably might affect such determination or certification. Harrower shall also be responsible for the paymetn of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Harrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lenders option and Horrawer's expense- Lender is under no obligation to purchase any particular type nr amount of coverage. Therefore, such coverage shall saver Lender, but might ar might not protect Harrower, Harrower s equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser tavexage than was previausiy in effect. Borrower acknowledges that the cost of the insurance coverage sa obtained might significantly exceed the cast of insurance that Harrower could have obtained. Any amounts disbursed by Lendea under this Section 5 shalt become additional debt of Horrower secured by this Security Instrument. These amounts shall bear interest at the Nate rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Horrower requesting payment. All insurance policies required bS' Lender and renewals of such palicles 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 lass payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shalt promptly glue to Lender all receipts of paid premiums and renewal notices. If Hnrrower obtaitas any farm of insurance coverage, not otherwise required by Lender, for damage ta, or destruction af, the Property, such policy shall include a standard rnnrtgage clause and shall Warne Lender as mortgagee and/or as an additional loss payee. In the event of lass, Harrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of lass if oat made promptly by Borrower. Unless Lender and Borrnwer otherwise agree in writing, any insurance proceeds, whether ar 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 rant Iessened, During 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 8600$59219 $800$5927.9 Nt:BRASItA -Single Family -Pannte MaelFreddie Mac t)NIFORbI INSTRUMENT WITH R ~~BA(H~ Spero) Pege B or 19 Initlela: ~ Form SO28 tlEI1 .