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payments when due. Borrowers shall pay all taxes, assessments, charges, fines and <br />impositions attributable to the Property which may attain priority over this Security <br />Instrument. Borrowers shall pay these obligations on time directly to the person <br />owed payment. <br />Borrowers shall promptly discharge any other lien which shall have attained, <br />priority over this Security Instrument unless Borrowers: (a) agrees in writing to the <br />payment of the obligation secured by the lien in a manner acceptable to Lender; (b) <br />contests in good faith the lien by, or defends against enforcement of the lien in, legal <br />proceedings which in the Lender's opinion operates to prevent the enforcement of the <br />lien; or (c) secures from the holder of the lien an agreement satisfactory to Lender <br />subordinating the lien to this Security Instrument. If Lender determines that any <br />part of the Property is subject to a lien which may attain priority over this Security <br />Instrument, Lender may give Borrowers a notice identifying the lien. Borrowers shall <br />satisfy such lien or take one or more of the actions set forth above within ten (10) <br />days of the giving of notice. <br />4. Subordination. Borrowers may not subordinate this Security <br />Instrument to any other deed of trust, promissory note, lien or other such similar <br />document without first obtaining Prior written approval of Lender. <br />5. Hazard or Property Insurance. Borrowers shall keep the <br />improvements now existing or hereafter erected on the Property insured against loss <br />by fire, hazards included within the term "extended coverage" and any other hazards, <br />including floods or flooding. <br />All insurance policies and renewals shall include a standard mortgage clause. <br />Lender shall be named as a loss payee as its interest may appear. In the event of loss, <br />Borrowers shall give prompt notice to the insurance carrier and Lender. Lender may <br />make proof of loss if not made promptly by the Borrowers. <br />Unless Lender and Borrowers otherwise agree in writing, insurance proceeds <br />shall be applied to restoration or repair of the Property damaged, if the restoration or <br />repair is economically feasible and Lender's security is not lessened. If the restoration <br />or repair is not economically feasible or Lender's security would be lessened, the <br />insurance proceeds shall be applied to the sums secured by this Security Instrument, <br />whether or not then due, with any excess paid to Borrowers. If Borrowers abandon <br />the Property, or does not answer within thirty (30) days a notice from Lender that <br />825 San Leandro Boulevard Page 3 of 9 <br />Deed of Trust <br />071999 <br />