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��14��575 <br /> any inspectY�n or appraisal specify�ng a purpose far the�nspec�ian or appraisal vvhich must be rela�ed ta <br /> Lender's interest�n the Property. If�he Proper�y is vacant or abandoned or the�oan is in defau�t, Lender <br /> ma�take reasonable actYon to pro�ec�and pre��r�e such vacan#or abandon�d Proper�y vWithout notice to <br /> the B�rr�wer. <br /> 7. �ondemnat�on.The proceeds of any award or cla�m fa�r damages, dire�t ar�onsequen�ial, �n <br /> connec�tYon vvith any candemna��on�r other ta�ing of a�y par�of the Proper�,or for c�nveyance�n <br /> place of condemna�ion, sha��be paid�o Lender. The proceeds shai� be app��ed first�o the reduc�ion of <br /> an� indeb�edness under the Second Note and this Security Ins�rument. Any excess proc�eds�ver an <br /> amount r�quired to pay a�� outstanding indeb��dness und�r the Second Na�e and this Security Ins�rumen� <br /> shall be paid to�he�nti�y �egally entitled thereta. <br /> S. Fee�. Lender may co�lect fees and charges authorized by�he Secretary for the Hame Equi�y <br /> �onversion Mar�gage�nsurance Program. <br /> 9. �rounds far Acce��rat�vn of Debt. <br /> [a}Due and Payable.L�nder may require pa�men�--in-full of all sums secured by th�s S�cur�ty <br /> �ns�rum�nt�f: <br /> (i}A Borrower dies and the Praper�y �s no��he principal residence af at leas��n�sur�i�ing <br /> Borro�er; ar <br /> (ii}Al� of a Borrovw�r's title in the Praper�y �or his or her beneficial rn�erest�n a trust own�ng <br /> at� ar par�of�he Praperty��s sald or o�herwise transferred and no other Barrawer reta�n�t�tie <br /> to the Pr�per�y �n fee s�mple or re�ta�ns a l�aseh�id ur�der a��ase for no��ess than 99 y�ars <br /> which is renewable�r a lease having a remain�ng period�f no�less than 5�years beyond the <br /> da�e of�he 14Dth bir�hday of the youngest Borrav�er or reta�ns a l�fe esta.te�or r�tai�ing a <br /> beneficial interes�in a�rust with such an interes�in the Praperty�; or <br /> [ii��The Property ceas�s to be th�pr�r�cipa�residence of a Borro�ver far reasons oth�r�han <br /> death and th�Proper�}��s no�the principa� r�sidence of at leas�one o�h�r Borrower; or <br /> �iv�For a per�ad of�or�g�r�han 12 c�nsecu�ive months,a Barrovver fai�s to occupy the Prop�r�y <br /> because of ph�sica�or m�ntal illness and the Propert�is nat�h�pr�ncipal r�sidence af at least <br /> one��her Barrower; or <br /> ��}An�b�igat�on of th�B�rrower und�r�his Securi�y Xnstrumen�is not perf�rmed.. <br /> �b}Not��e to Lender.Borrov�er shal�not�fy the�e�der�hene�er any�f the even�s listed�n <br /> Paragraph 9�a��i�}-(v�accur. <br /> �c)�ot�ce to Borravver.Lerider sha�l no��fy Borrower v�hene�er the loan becomes due and <br /> payable under Paragraph 9[a��ii�-�v�.Lender sha�1 n�t have the righ�to commence forec��sur� <br /> un�i� Borrower has had 3�days after no�ice to e�ther: <br /> �i}�orrect the matter which resul�ed in�he Secur�ty �nstrum.ent caming due and payable; or <br /> [ii}Pay�he balance in ful1; or <br /> Page 4 vf 11 HEGM S�cnnd Deed�fTr€�st <br />