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201007657 Barrower shall prornptly discharge any lien which has priority over this Security Tnstrurnent unless Borrower: (a) agrees in writing to the payrnent of the obligation secured by the lien in a manner acceptable to Lender, but anly so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcernent of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while Chose pxoceedings 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 I.ender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lsnder may give Borrower a notice identifying the lien. Within lp days af the date on which that notice is given, Borrower shall satisfy the lien or take one or more af the actions set forth above in this Section 4. I,ender may require Borrawer to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. S. Property Insurance. Borrower shall keep the impravements 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 ths 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 be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borarower to pay, in connection with this Loan, either: (a) a ane-time charge for flood zone determination, certi�cation ar�d tracking services; or (b) a one-time charge for flaod zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably rnight affect such determination or certification. Borrower shall also be responsible fnr the payment 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 Borrower. If Borrower fails to maintain any of the coverages described abave, Lender may obtain insurance coverage, at I.ender's option and Borrower's expense. I,ender is under nn obligation to purchase any particulax type or amaunt of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Barrower, Borrower's equity in the Froperty, or the contents of the Property, against any risk, hazard or liability and might pravide greater or lesser coverage than was previausly in effect. Borrower acknowledges that the cast of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by I.,ender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amaunts shall bear interest at the Note rate from the date af disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payrnent. All insurance policies required by �,ender 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 paysa. Lender shall have the right to hold the palicies and rsnewal certificates. If Lender requires, Borrower shall promptly give to I,ender all receipts of paid premiums and renewal notices. If Borrower obtains any farm 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 af loss, Borrower shall give pronnpt 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 pxoceeds, whether ar not the underiying insurance was required by I,ender, shall be applied to restoration or repair of the Praperty, if the restqration or repair is economically feasible and Lender's security is nat lessened. 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 �-61NE) 1oao�).oz � Page 8 of i5 � . �;f<�� �d �•F��•�I�kl-��Z I Form 3028 1101