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2oioosi43 $arrawer shall promptly discharge any lien which has priority ov�r this Security Instrument unless $orrowcr: (a) agrees in writing tc� tlic payment of the obligation securcd by the lien in a manner acccptabl� to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement af the lien in, legal proceedings which in Lender's opinion opc:rate ta prevent the enforcement of the liett while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an a�recment satisfactory to Lender subordinating the lien ta this Security Instrumcnt. If Lender determines that any p�u't of the Froperty is subject to a lien which can attain priority over this Security lnstrument, Lend�r rnay give Borrower a notice identifying the lien. Within 10 days of the date c�n which that notice is given, IIarrower shall satisfy the lien ar take one or more of the actions set forth abave in this 5ection 4. Lend�:r may require $c�rrower to pay a one-time charge for a real estate tax verification and/or reporting scrvice used by Lender in cannection with this Laan. 5. Property Insuranee. T3orrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended c�verage," and auy other hazards including, but not limited to, ea►'thquakes and flc�ads, 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 ta the preceding sentences can change durin� 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 requirc Borrower to pay, in connection with this Loan, either: (a) a one-time charge for �laod zone determination, certification and tracking services; C�r (b) a one-time chargc for flaod zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect sucli determination or certification. Borrower shall also be responsible far the payment of any fees impased by the Federal Emergency Management Agency in connectian with the review of any flood zone determination resultin� from an objection by ]�orrawer. If Borrawer fails tc� maintain any of thc eaverages described abave, Lender may obtain insurance coverage, at Lender's optic��l and Borrower's expense. Lender is undcr no obligation to �urchase any particular type c�r amount of coverage. Thereforc, such coverage shall cover Lender, but might ar might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser caverage than was previausly in effect. $orrower xeknowledges that the cost of the insurance coverage so abtained might significantly exceed the cast of insuranee that Borrower could havc abtained. Any amounts disbursed by Lender under this Section S sliall become additional debt of I3c�rrower secured by this Security lnstrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance palicies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove sucl7 policies, shall include a standard mortga�e clause, and shall name Lender as mortgagee and/or zs an additional loss payee. Lender shall have the ri�;ht ta hold the policies and renewal certificatcs. Tf Lender requires, $orrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower c�btains any form of insurance coverage, not c�thc:rwise required by Le��dcr, for damage to, or destruction of, the Property, such palicy shall include a standard mortgage claus� and shall name Lender as mort�;agee and/or as an additiandl lass payee. In thc event of loss, F3arrower shall give prc�mpt natice to the insuranc:e carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless L,cnder and Borrower othcrwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restc�ration or repair of the Property, if the restaration or repair is economically feasible and Lender's security is not lessened. During such repair and restaration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Praperty to ensure the � ,M 1111056077 � 'i'T/ � I �-6(�E� (0407).02 P�eB of 15 �� Q Fortn 3Q28 1/01 6, r