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2oioos45i Barrower shall promptly discharge any lien which has priority over this Security Instrument unless Sorrower: (a) agrees in writing ta the payment of the obligation secured by the li�n in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) cc�ntcsts the lien in good faith by, or defends against enfarcement of the lien in, legal proceedings which in I,ender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; ar (c) secures from the holder of the lien an a�r�cment satisfactory to Lender subordinating thc licn ta this Security Instrument. If Lender detcrinines that any part af the Property is subject to a lien wlaich can attain priority over this Security Instrumcnt, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that noticc is �iv�n, Dc�rrower shall satisfy the lien or take one or more c�f the action5 set forth above in this Section 4. I,endcr may require Borrower to pay a one-time chargc for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property insurance. Borrower shall keep the improvements now existing or hereafter erected an the Property insured against loss by fire, hazards included within the term "ext�na�d coverage," and any other hazaz including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) ana for the periads that Lender requires. What Lender requires pursuant to the preceding sentences can change durin� the term af the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to I,cndcr's right to disapprave Borrawer's choice, which right shall not be exercised unreasonahly. Lendcr may require $orrower tc� pay, in cannection with this Loan, either: (a) a one-time charge for flood zoa�e determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification serviccs and subscquent charges each time remappings or similar changes occur which reasouably might affect such dcttrrnination or certification. Borrower shall also be responsible for the payment af any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zane determination resulting from an objection by Barrower. If Borrawer fails to maintain any of the coverages described above, Lender may obtain insurancc coverage, at L�nder's option and Borrower's expense. l.ender is under no obligation to purchase any particular type ar amount of caverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrawer's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might �ravide greater ar lesser coverage than was previously in effect. Borrower acknowledges that the cc>st c�f the insurance eoverage so abtained might signifieantly exeeed the eost of insurance that $orrower could havc abtaincd. Any am<�ants disbursed by Lender under this Section 5 shall become additional debt of Borrawer secured by this Security Instrument. These amounts shall bear interest at the Note rate frc�m the d�te of disbursement and shall be payable, with such interest, upon notice from I,ci�der to �prrower requesting payment. All insurancc policies required by Lender and renewals of such policies shall be subject to I,ender's right to disapprave such policies, shall include a standard mortgage clause, and shall name Lend�r as ir►ortgagee and/ar as an additional loss payee. Lender shall have the right to hold the policies and renewal certi�cates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal natices. IF Barrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destructian af, the Praperty, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/ar as an additional loss payee. ln the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of lass if not made pramptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be a�plied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. Durin� such repair and restoration p�riod, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Praperty to ensure the � 1111056206 Initlals: �-6(NE) �oao��.a2 P�e 6 of 15 Form 3028 1/01 �