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2010U846E Borrower shall promptly discharge arzy lien whzch has priority over this Security Instrument unless �orrower: (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 agreement; (b) contescs the lien in gaod faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enfo�rcement of tt�e lien while those pror�edin�s are pending, but ar►ly until such proceedings are concluded; or (c) secures fronn the holder of the lien an agreement satisfactory to Lender subordinating the lien ta this Security Instrument. If I.ender deternunes that any part of the Property is subject to a lien which can attain priority over this Security Tnstrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one oz' more of the actians set forth above in this Sectian 4. L.ender may require Borrower to pay a one-time charge for a real estate tax veri�cation and/or reporting service used by I.ender in connection with this Loan. 5. Property Xnsurance. $orrower shall keep the improvements now existing ar hereafter erected on the Properiy insured againsC lass by fir�, hazards included within the term "extended coverage," and azxy other hazards including, but not lixnited 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 Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the L.oan. The inswrance carrier providing the insurance shall be chosen by Barrower subject to Lender's right to disapprove Borrawer's chaice, which right shall not be exercised unreasanably. Lender may require Borrower to pay, in connection with this L.oan, either: (a) a one-time charge for flood zone deternunation, certification and tracking services; or (b) a one-time charge for flood zone determination and certi�cation services and subsequenk charges each time remappings ar similar changes accur which reasonably might affect such deternunation or certi�cation. Borrower shall also be respansible for the payment of any fees imposed by the Federal Ernergency Management Agency in connection with the review of any flood zone deternunation resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. L.ender is under no nbligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or rnight not protect Borrower, Borrawer's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower aclrnowledges ihat the cost af the insurance coverage so obtained might significantly exceed the cost of insurance that Borrawer could have obtained. Any amounts d'►sbursed by L.ender under this Section 5 shall becorne additional debt of Borcower secured by this Security Instnunent. These amounts shall bear interest at the Note rate frozn the date of disbuxsement and shall be payable, with. such interest, upon notice from Lender to Borrower requesting payrnent. All insuxance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard martgage clause, and shall narne Lender as znortgagee 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 receipts nf 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 Property, such policy shall include a standard mortgage clause and shall name Lender as martgage� and/or as an additional loss payee. In the event of loss, Borrower shall give prornpt notice to the insurance carrier and Lender. L,ender may make proof of loss if not made promptly 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 applied to restoration or repair of the Property, if the restoration or repair is econo�nically feasible and I.ender's security is not lessened. During such repair and restoration period, Lender sha11 have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the �nisia�s: �-BG�NE) �000a�.oi Page 6 of 15 Farm 3p28 1/01 � Li �. b � t � r �' J` �p ? ; F . �