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��14��5 may tak�reasona��e ac�i�n to protect and pr�serve such vacant or abandoned Praper�y wi�hou�no��ce�o the B�rrower. 7. �ondemnation.The proceeds of any award or claim for damag�s, d�ree�or consequen�ial, in � cannect�on�ui�h an�r condemnation or other tak�ng of any par�of�he Proper�y, or for can�eyance �n p�ace of condemna��n, sha11 be paid�a Lender. �'he proceeds shall be app�ied firs�to�he r�duc�ion of any ind�b�edness under�he Se�ond Note and�his Securi�y Ins�rumen�.Any e�cess proceeds o�er an amount required�o pay a1�outstand�ng indeb�edness under�he Second No��and�his Security Instrument shall be paid�o�he�n�ity legally en�itled there�o. �. Fees.Lender may co�lect fees and charges autharized by the Se�re�ary for�he Home Equzty �on�ers�on Mortgage Insuran�e Program. 9. Grounds far Acce�eration af Debt. (a)Due and Payab�e.Lender may requ�re payment�inµfull of all sums secured by�his Securi�y Ins�rumen�if: ��A Borrower dies and the Property is no�the principa�residence of at leas�one surv��ving B orrawer; or [ii}A��f a Bvrrower's�itle in th�Pr�per�y�or his or her benef�cial interes��n a trust owning al�or par�of�he Property�is sold or o�herwise trar�sferred and no other Borro�ver re�a�ns�it�� �o�he Property in fee simple or retains a leaseho�d under a Iease for no��ess�han 99 years which is renevvab�e�r a�ease hav�ng a remain�ng per�od of not less than S�years beyond�he da�e�f the 1�ath b�rthday of�he youngest Borrower or retains a�ife estate�ar retaining a beneficial in�erest in a�rust wi�h such an interest�n�he Pr�perty�; or �ii��The Property�eases to be the pr�ncipa�residence of a Borrawer for reasons a�her�han death and�he Proper�y is na�the principal r�s�denc�of a�1eas�ane o�her Borrower; or ��For a period of�onger�han 12 c�nsecutive mon�hs,a Borr�wer fail�to occupy�he Praperty because of phys�ca� or merital illness and the Pr�p�rty is no��he principa�resxdence of at 1eas� one other B�rravver; or (v)An obl�gation af the Barrower under�his Secur�t��.strument is n�t performed.. tb�Natice t�Lender.Barrower shall no�xfy the Lender whene�er any of the events listed in Paragraph 9(a}��i}-(v}occur. (�}Notice tfl Borrower. Lender sha��no�ify Borrower whenever the loan becomes due and payabXe under Paragraph 9�a}�i�)-(v�. Lender sha1�no�ha�e�he right ta commence foreclosure unt�l Borrflwer has had 3� days after notice to ei�her: t�)C�rre�t th�matter which resul�ed in the Secur�ty�ns�rument c�ming due a.nd payah�ey or �ii]Pay the ba�anc�in ful�; or ��x�Sel��he Property far the��s�er of the ba�ance or 95%of the appra�sed�a�ue and app�y the net proceeds of the sale�oward�he balance; or Page 4 af 11 HECM 5econd Deed 4f Tn�st