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2oioos34� Barrower shall prornptly 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 agreemenC; (b) cantests the lien in goad faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion 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 I.,ender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, I..ender may give Bonower a notice identifying the lien. Within 10 days of the date on which chat notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may reqnire Borrower to pay a one-time charge far a real estate tax veri�cation and/or reporting service used by Lender in connection with this Loan. S. Property Insarance. Borrower shall keep the improvernents now existing or hereafter erected on the Property insured against loss by �re, hazards included witlain the term "extended coverage," and any other ha�ards including, but not lirnited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levcls) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change dnring the term of the Laan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right ta disapprove Borrower's choice, which right shall not be exercised unreasonably. I.ender raay require Borrower to pay, in connection with this �.aan, either: (a) a one-tirne charge for flood zone determination, certificacion and tracking services; or (b) a one-time charge for flood zone determination and certi�cation services and subsequent charges each Cime reznappings or similar changes occur which reasonably rnight affect such determination or certification. Barrower shall also be responsible for the payrnent of any fees imposed by the Federal Ernergency Maz�agement 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 above, Lender may obtain insurance coverage, at I.ender's option and Borrower's expense. I,ender is under no obligation to purchase any particular type or arnount of coverage. Therefore, such coverage shall cover Lender, but might or rnight not protect Borrower, Borrower's equity in the Property, or the contents of t.�,e Properiy, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cast of tla�e insurance coverage so obtained might significantly exceed Che cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 sha11 become additional debt of Borrower secured by this Securiry Instrument. These arnounts shall bear interest at the Note rate from the date of disbuarsement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by I.endear and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall inclnde a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall ha�e the right ta hald the policies and renewal certi�icates. If Lender requires, Borrower shall promptly give to I.,ender all receipts of paid premiums and renewa� notices. If Borrower obtains any form of insurance coverage, not othexwise required by L.ender, for damage to, ar destruction of, the Property, such policy shall include a standard mortgage clause and sha11 name I..ender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower sha11 give prompt notice to the insurance carrier and Lender. L,�nder may make proof of loss i� not nnade promptly by Borrawar. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not Che underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is ecanamically feasible and Lender's security is not lessened. During such repair and restoration period, I..ender shall have the right ta hald such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the N�Bqp5KA - Single Family - Fpnnie MaalFreddie Mac UNIFORM INSTRUMENT �,{ �-BI�E) losi �1 Page 8 of 16 Initlals: r� �`� Form 302$ 7l01 � � '�' � � f ��a 1� ., i � F4