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zoious25s Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Barrawer; (a) agrees in writing to the payment of the obligation secured by thc lic:n in a manner acceptable to I�ender, but only so long as Borrower is performing such agreement; (b) contcsts the lien in gaod faith by, or defends against enforcement of the lien in, legal proceedings which in I.,cndcr's apinian aperate to prevent thc enforcement of the lien while those proceedings are pending, but only until such praceedings are concluded; ar (c) secures from the holder of the lien an agreement satisfactory to �,�nder subardinating the lien to this 5ecurity instrument. If Lender determines that any part of thc: Property is subject to a lien which can attain priority over this Security Instrument, Lender may give I3orrawex a natice identifying the lien. Within 10 days of the date on which that nc�tice is givc:n, Borrpwer shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require $orrower to pay a one-time char�e for a real estate tax verification and/or reporting service used by Lender in connection with this Lc�ai�. S. Property Insurance. Borrower shall keep the improvements now existing or h�reafter erected on tlie Property insured against loss by fire, hazards included within the term "extended coverage," and any ather 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 Lcnder requires. What Lender requires pursuant to the preceding sentences can change during the term of tl�e 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 Barrawer to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone determination �nd eertification services and subsequent charges each time remappings or similar changes occur which r�asc>nably might affect such determination or certification. Barrower shall also be responsible for the payment of any fecs imposed by the Federal Emergency Management Agency in connection with the review af any flc�ad zone determination resulting from an objection by Barrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance caverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Froperty, or the contents of the Froperty, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower �cknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that �orrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall becc�me additional dcbt of Borrower secured by this 5ecurity Instrument. These amounts shall bear interest. at thc Note rate frorn the date of disbursement and shall be payable, with such interest, upon notice from L�nder to Borrower requesting payment. All insurance policies required by T.ender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall indude 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 certificates. If Lender requires, Borrower shall promptly give to Lender all rcceipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Froperty, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proaf of loss if not made promptly by Borrower. Unless Lender and Barrower otherwise agree in writing, any insurance proceeds, whether or 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 not lessened. During such rcpair and restoratian period, Lender shall have the right to hold such insurance proceeds until L�:nder has had an op�aortunity to inspect such Property to cnsurc thc � 1111056073 fa� �g: �, �-s�N�� co4o>>.02 P�e 6 of 15 � �p�, aosa �ro� �