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�011030�� Borrower shall promptly discharge atry lien w}rich has prlority over this Securlty Insdwnent unles.s Borrower: (a) agrees in wrtdng to the payment of the obllgaflon secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opiaion oper�te to prevent the enforcement of the lien while ihose proceedings are pending, but only until such proceedings are concluded; or (c) secures fram the holder of the lien an agree�u►ent satlsfactory to Lender su�rdinating the llen to this Security Insirument. If Lender detern�ines that any part of the Property is subject to a Hen which can attain prlorlty over tLis Security InsWment, Lender may give Borrower a nodce identlfying the lien. Withiu 10 days of the date on which that noHce is given, Borrower shall satlsiy the lien or take one or more of the actions set forth at�ve in tWs Secct�ton 4. Lender may reqwlre Borrower to pay a one-time charge for a real estate tax verIiicaflon 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 on the Property insured against loss by &e, hazards included withi�► tt►e terna "extended coverage," and atry other hazards including, but not llmited to, earthquakes and tloards, for which Lender requires insurance. This insurance shall be mainhained in the amounts (includiag deductYble levels) and for the pedods that Lender requires. What Lender requires pwsuant to the preceding sentences can change dur3ng the term of the Loan. The insurance carrier providiag We insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which iight shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood wne determinaflon, certltication and trackiag servlces; or @) a one-time charge for flood zone determinaHon and certificaflon services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certificadon. 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 fl�d zone deternilnadon resulting from an ob,jection 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. Lender is under no obligallon to purchase any particular type or amount of coverage. "Therefore, sucb coverage shall cover Lender, but �aight or might not protect Borrower, Borrower's equity in the Property, or the Contents of the Property, agalnst any risk, hazard or llabillty and might provide greater or lesser coverage thau was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Aay amounts disbursed by L.ender under this Section 5 shall become addiflonal deht of Borrower secured by this Security Instrument. These amounts shall bear interest at t6e Note rate from the date of disbwsement and shall be payable, with such interest, upon noNce from Lender to Borrower requesting payment. All insurance �licies required by Lender and renewals of such pollcies shall be subject to Lender's right to disapprove such polides, shall include a standard mortgage clause,. and shall name Lender as mortgagce and/or as an addiNonal loss payee. Lender shall have the right to hold the pollcies and renewal certtficates. ff Lender requires, Borrower shall proraptly give to Lender all receipts of paid premiums and renewal nol3ces. If Borrower obtains any form of insurance cov�erage, not otherwise required by Lender, for damage to, or destrucflon of, the Property, such policy shall include a standard mortgage clause and shall name L,ender as mortgagee and/or as an addittonal loss payee. In the event of loss, Borrower shall give prompt notice to the lnsurance carrier and Lender. I.ender may make proof of loss if not made pmmptly by Borrower. Uniess Lender and Borrower otheiwise agree in writing, any insurance Proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoraflon or repair of the Property, if the restorat�on or repair is economically feasible and Lender's security is not lessened. During such repair and restoration perlad, Lender shall have the right to hold such insurance proceeds untll Lender has had an opportunity to inspect such Property to ensure the 001122399875 Cit�Iortgage 3.2.45.41 V2 N�RASICA - Single Famiiy - F�nte Mae/Freddie Mac UNIFOFIM INSTRUM9dT �-8A(Nq tosio) Page 6 of 15 imdais; Form 3028 1/01