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��14����7 <br /> disbursed by Lender under this Paragraph sha�l became an additiona�deb�of Borrov�er as prn�zded for <br /> in the Loan Agreemen�and sha��be secured by this Security �ns�rument. <br /> G. Inspect�on.Lender or its agent may en�er or�, i�.spect or make appra�sa�s af the Proper�y in a <br /> reas�nable manner and at r�asonable�imes provided�ha�Lender shal�g�ve the Bnrr�wer no�ice prior to <br /> any inspection or appra�sa� specifying a purpose for the inspectifln or appra�sa�which must be rela��d to <br /> Lender's �nteres��n the Property. �f the Praper�y is�acan�ar abandoned�r�he Ioan is in defau��,Lender <br /> ma�take reasonab�e action to protect and preser�e such va�an�or abandoned Praperty without notice ta <br /> �he B orrower. <br /> 7. �ondemnat�on.Th�proceeds of any award or c�a�m for damages, direct or consequen�ial, in <br /> connectian�v��h a.r�.y condemna�ion, or other taking of any par�of�he Prnperty,or for conve}�ance�n <br /> place of condemnation shall be pa�d to Lender. T�e proceeds shal�be appl�ed f�rst ta the reduc��an of <br /> any indeb�ednes�under a Second No�e and Se�ond Secur��y Znstrumen�held by the Secre�ary on�he <br /> Praperty, and then to the reduc�ion of the znd�btedness under the Note and�his Se�uri�y�nstrument.Any <br /> excess proceeds over an amount required�a pay all nu�standing indeb�edness under the No��and�his <br /> Securi��nstrument sha11 be paid to the en�zty 1ega�ly en��tled�here�o. <br /> S. Fees.Lender may co�xe�t fees and charges author�zed by�he Secretary. <br /> 9. �round�farAc�eleration of Debt. <br /> �a�Due and Payab�e.Lender may require immedia�e paymen�-in-ful�of a11 sums secured by this <br /> Securit�r �nstrumen��f: <br /> (��A Borrower dies and�he Praper�y is no�t�e principa�residence af a�leas�one surv��ing <br /> B orrower�ar <br /> [i�}All of a Borrower's tit�e xn the Pr�per�y(ar his or her benef c�al interest in a trus�owning <br /> al�or part of�h�Property)is sold ar o�herw�se�ransferred and no other Borrovver retains����e <br /> to the Property �n fee s�mpl�ar r�ta�ns a leasehald under a lease for na��ess than 99 years <br /> which is renewab�e or a lease having a remaining per�od�f not�ess than 5�yeax�beyond�he <br /> date of�he I���h bir�hday of the yaunges�B�rrower�r re�ains a Iife estate t�r r��a�nzng a <br /> benefic�a� interest�n a trus�wi�h such an�nterest in the Proper�y�. <br /> (b}Due and Payable with Secretary Appro�al.Lender may requ�re immedia�e pay�x�.en�-�n-full <br /> �f a�l sums seeured by�h�s Se�urit�Ins�rument,upon approva�of�he Se�retary, if: <br /> �i}The Propert}�ceases to be�he principa�res�dence of a Borrower for reasons ather�han <br /> death and the Propert��s not th�principal res�dence of at�east one other Borrower; or <br /> (���Far a per��d�f longer than �2 consecutive months, a Borrower fails to nccup�th� <br /> Property because of�h�sical ar rnen�a�i�lness and the Prapert� �s not the princ�pa�res�dence <br /> of a��ea�t one other Borrower; or <br /> [iii}�An ob��gation of�he Borrower under th�s Secur�ty�nstrumen�is not performed. <br /> �c}Notic�to I.�ender.Sorrow�r�ha�l notify Lender�vhenever any nf�he events listed in th�s <br /> Paragraph 9�a�(ii�and�b}occur. <br /> Pag� 4 of I2 HECM First Deed Df Trust <br />