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241048471 (b) contests in good faith such lien by, or defends against enforcement of such lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the lien or forteiture of any part of the Property; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Deed of T'rust. Except for the First Deed of Trust if Lender determines that any part of the property is subject to a lien, which may attain priority over this beed af Trust, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or mare of the actions set forth above within 10 days of the giving of notice. 4. Hazard Insurance. Barrower shall keep the impravements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and such other hazards for which Lender requires insurance. This insuranca shall be maintainad in the amounts and for the periods the Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's approval which shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in a form acceptable ta Lender and shall includa a standard martgage clause in favor of and in a form acceptable ta Lender. Lender shall have the right to hald tha policies and renewals thereof, subject to the terms of any mortgage, deed of trust or other security agreement with a lien, which has priority over this Deed pf Trust. If Lender requires, Borrower shall promptly give to l.ender all receipts of paid premiums and renewal notices. In the event of loss, Borrower shall give prampt notice to the insurance carrier and Lender. l.ender may make proof of loss if nc�t made promptly by Borrower. Unless I�ender and Borrower otherwise agree in writing, insurance praceeds shall be applied to restoration or repair of the Property damaged, if the restoration or repair is economically feasible and the Lender's security is not lessened. If such restoration or repair is not ec�namically feasible or Lende�'s security would be lessened, the insurance proceeds shall be applied to the sums secured by this Deed of Trust, whether due or not, with any excess paid to Borrower. If Borrower abandons the Properky or does not answer within 30 days a notice fram Lender that the insurance camer has offered to settla a claim, then Lender may collect the insurance proceeds. Lender may use the proceeds to repair vr restore the Property or to pay sums secured by this Deed of Trust, whether or not then due. The 30-day period will begin when the notice is given. Unless Lender and Borrower otherwise agree in writing, any application pf proceeds to pnncipal shall not extend or postpone the due date of the payment referred to in paragraph 1 or change the amount of the payments. If under paragraph 17 the Property is acquired by Lender, Borrowe�'s right to any insurance policies and proceeds resulting from damage to the Property priar ta the acquisition shall pass to Lender to the e�rtent di the sums secured by this Deed of Trust immediately prior to the acquisition. If under paragraph 18 hereof the Property is acquired by Lender, all right, title and interest of Borrower in and to any insurance policies and in and to the proceeds thereof resulting fr�m damage to the Properky prior ta the sale or acquisition shall pass to Lender to the eutent of the sums secur�d by this Deed of Trust immediately prior to such sale or acquisition. The right of Lender to insurance proceeds is subject to the rights therein of the First beed of Trust. 5. Preservation and Maintenance of Praperky; Leasehalds; Condominiums; Planned Unit Developments. Borrower shall nat destray, damage or substantially change the Property, allow the Property to datariorate or commit waste. If this Deed of Trust is on a leasehold, Borrower shall comply with the provisians of the lease, and if Borrower acquires fes title to the Property, the leasehold and fee title shall not merge unless Lender agrees to the merger in writing. If this Deed of Trust is on a unit in a condominium or a planned unit develapment, Bvrrawer shall pertorm all of Borrower's obligations under the declaration or covenan#s creating or goveming the c�ndominium or planned unit development, the by-laws and regulations of the condominium or planned unit development, and constituent documents. NE �ntry CostAsslstance Loan Deed af Trugt 2200068229 Page 3 of 8 p204 (�CAIVIN�)