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20�0485�G Barrower shall promptly discharge any lien which has priority over this Security Instrurn4'nt unless Barrower: (a) agrees in writing ta the payment of the obligation secured by the lien in a rnanner acceptable to Lender, but only So long as Borrower is performing such agreement; (b) contests the lien in gaod faith by, or defends against cnforcernent af the lien in, legal praceedings which in Lender's o�inion opc;rate to prevent the enforcernent af the lien while those proceedings are pending, but only until such proc�edings are concluded; or (c) secures frotn the holder of the lien an agreement satisfactory to Lender subordinatin� the lien to this Sccurity Instrument. If Lender determines that any part of the Property is subjcct to a Hen which can attain priority ov�r this 5ecurity Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days c�f the date an which that notice is given, Borrower shall satisfy the lien or take one or more of the actions sct forth above in tliis 5ection 4. Lender may require B�>rrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Praperty insurance. Borrower shall keep the improvements now existing or hereafter erected on the Praperty insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (inciuding deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the I,oan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right ta disapprave Borrower's choice, which right shall nat }ae exercised unreasonably. Lender may require Borrower ta pay, in ec�nneetic�n with this Loan, either: (a) a one-time chargc for flood zone determination, certificatic�n and tr�tcking s�:rvices; �r (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certific7tion. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management 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 c<>veragc, at I.Jcnder's option and Aarrower's expense. Lender is under no obligation to purchase any particular type or amount of caveragc. Tl�erefc�re, such coverage shall cover Lender, but might or might not pratect Borrower, Borrowcr's cquity 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 ii7 efft;ct. Borrower acknowledges that the cost of the insurance coverage so obtained might signi�cantly exc;ecd the cost of insurance that Barrower could have obtained. Any amounts disbursed by �,cnder undcr this Section 5 shall become additional debt of Borrower secured by this Seeurity Instrurnent. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payablc, with suCh interest, upon notice from Lender to $arrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject ta Lender's right tc� disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mort�;a�;ec� anci/or as an additianal loss payee. Lender shall have the right to hold the policies and renewal ccrtificates, if Lender requires, I3c�rrower shall promptly give to Lender all receipts of paid premiums and renewal natices. If Barrawer obtains any farm of insurance coverage, not otherwise required by Lender, for damage to, ar destruction of, the Property, 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, Barrower shall give prornpt notice to the insurance carrier and Lender. Lender may make praof af loss if nat made pramptly by I3orrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not th� undcrlying insurance was required by Lender, shall be applied to restoration or repair of the Praperty, if thc restc�ration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration periad, Lender shall have the right to hc�ld such insurance proceeds until Lender has had an opportunity to inspect such Property to cnsure thc �� //�'�/'� 1111056141 Initiels�\ YI�� �-6(NE) (oao7).o2 P�e 6 of 15 Fortn 3028 1I01