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��14��5�1 �f}Noti�e to Se�retary and Non-Bvrrowing Spuuse. Len�ler shal� not�fy the Secretary and any Non-Borrowing Spous� identified in Paragraph 9 when��er any e�ent listed in Paragraph 1��b} and�c}occurs dur�ng a Deferral P�riad. �g}Trusts. Con�eyance of a Borrower's interest in the Property to a trust which meets�he r�quirements of the Secretary, or conveyance of a trust�5 ll7tt�rests in the Proper�y to a Borrower, shal� nat be consid�red a con�eyance far purposes of this P��ragraph 1�. A trus�shall not be considered an accupant or be considered as ha�ing a Princi��al Residence for purposes of this Paragraph 1�. (h} Martgage Nat Insu red. Borrower agrees�hat shouI d th i�; Se�urity I nstrument and th�Note not be eligib�e for insurance under the National Housing Act witl�in eight�S}months from the date hereof, if p�rmi�ted by applicable law Lender may, at its apti�an, require immed�ate paym�nt-in�-full of all sums s�cured by this 5ecurity Instrument. A writ�en statement nf any autharized agent of the Secretary dat�d subs�quent to e�ght�8�months fr�m the date h�reof, dec�ining to insure this Security Ins�rument and�he Note, shall be deemed canc�usi�f��]I'DOf�f SUC�'1 1I7��1�1�7III�y. Notwithstanding the foregoing,this opt�on may n�t be�xercised by L�nder when the una�ailab�lity of insurance is solely due to Lender's failure to remit a mortgage insurance premium t�the Secretary. 11.Na Def�ciency Judgments. Borrower shall ha�e no personal �iability for payment of the debt secured by th�s Security �nstrument. Lender may er�force the debt t�n�y through sa1�af the Prvperty. Lender sha11 n�t be permitted to obtain a deficiency judgmen�agai nst Borrower if�he Secur��y Instrumept is forec�osed. If this Security Instrument is assigned to�:.he Secretary upon demand by the Secretary, Borrower shall not be liab�e for any diff�rence bet�veen the mortgage insurance benefits pa�d to L�nder and�}�e outstanding indebtedness, including accrued in�erest,owed by Borro�er a�the time of th�assignment. 12. ReinstatemQnt. Borrower has a r�ght ta be reinstated if Lender has required immediate payment-i n-fu 1 l. Thi s ri ght appl i es e�en after farec�osure pro�eedi rrgs are i nstituted. T�rei nstate th�s Security I nstrum�nt, Borro�ver shall correct the condition which r��u�ted in rhe requiremen�for immediate payment-in-fu�l. ForecIosure costs and reasonable and eustamary attorney's fees and expenses pr�perly associated with th�forecIasure pr�ce�d�ng shall be added to the principat balance. Upon reinstatem�nt by Barrower,this Security Instrumept and the obligations that it secures sha�l remain�n �ffect as if L�nder had not required immediate payment�in-full. Ho�vever, Lender is not required to permit r�ipstatelnent if: �i�Lender has accepted reinstatement after the commencement of forecl�sure praceedings within two years immediately preceding the c�mmencemen�af a current foreclosure proceeding, �ii� re�nstatement�vill prec�ude forec�osure on differep��gr�unds in the future, or�iii� reinstatemen�vvi�l ad�ersely affect the priority of the 5ecurity Instr�ament. 13. Lien Status. �a} Modif�ation. Borrower agrees to extend this Security Instrument in��ccordance�ith this Paragraph 13�a}. If Lender det�rrnines that the origina� lien status of the Securi�y Instrument is jeapardized under state law�including but not limi��d to situations where the amount secured by the Security Instrument equals or exceeds the maximum p1•�ncipal amount stated or the Page 6 vf 13 HECM First De�d�f Trust-ZO l 4 1