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��14��5�� <br /> G. Inspection. I�ender or its agept may enter an, inspect or make a��praisals of the Property in a <br /> reasonable manner and at reasanable tim�s pro�ided that Lender s��all gi�e the Borrower natice pr�or to <br /> any inspection or appraisal specifying a purpose far the inspection or appraisal which must be related to <br /> Lender's interest in the Proper�y. If the Prnperty is�acant nr abandoned or the loan is in default, Lender <br /> may tak�reasonable action to prote�t and preserve such vacant or abandoned Property without notic�to <br /> �he Borrawer. <br /> 7. Candemnat�on. Th�proceeds of any award or c�a�m for damag�s, direct or conse�uential, in <br /> connection with any cvndemnation or other tak�ng of any par�of tr�e Property,or far con�eyance in <br /> pIace�f c�ndemnation, sha11 be paid to Lender. The proceeds shall be app�ied first ta the reduction af <br /> any ind�bt�dness under the Second Nate and this Security Instrumt�nt, and then�o the reduction of the <br /> indebtedness under the First�Iote and First S��urity Instrument. A��y excess�ro�eeds o�er an amaunt <br /> required to pay al� outstanding indebtedness under the Second Notf�and this Secur��y �nstrument and th� <br /> Firs�Note and F�rst Security Instrument sha11 be paid to the entity legally entitled there�a. <br /> 8. FeeS. Lender may collect fees and charges au�horized by the Secretary. <br /> 9. Non-Borrvwing Spouse. Borrower,NIA is mar-ried ta NIA("N�n-Borrowing Spouse"), who is not a <br /> Barrovver under the terms of the "Se�ond Note," "Loan Agreement" ar this Security Instrument. <br /> 14. Grounds fvr Ac�eleration of Debt. <br /> (a) Due and PayablQ-Death. <br /> ti} Except as provided �n Paragraph 1��a}�ii}, Lender may re�uire immediate payment in full of` <br /> a�l sums secured by th�s Security �nstrument if a Borrow;r dies and the Property is not the <br /> Principal Residence of at Ieast one surviWing Barrower. <br /> �ii} L�;nder shal� defer the Due ar�d Payable r�quirement under Paragraph ��(a�(i}abo�e for any <br /> peri�d of time�"Deferral Period"} in which a Non-Sorrowing Spouse iden��fied in Paragraph 9 <br /> res�des in the Property as [hislher] Principal Residence and all of the fol�owing conditions are, <br /> and continue to b�, met: <br /> a. Such Non--Borrowing Spouse r�mained the spt�use of the identified Borrow�r for the <br /> dura��on�f such Borrower`s 1 i feti me; <br /> b. Suc��Non-Bvrrowing Spouse has occupied, ar�d��ntinues ta occupy,the property <br /> s�curi ng the S�cond Note as [h islher] Pri nci pa l Resi d�nce; <br /> c. Such Non-Borrowing Spause has established legal ownership or other ongoing legal <br /> right to remain in the property securing the Se��ond No�e; <br /> d. Al� oth�r obl�gations af the Barrow�r under th{: Secapd Note,the Loan Agreement <br /> and this 5ecurity Instrument continue to be satisf ed; and <br /> e. The Se�ond Note is not eligible ta be calied d«e and payable far any other reason. <br /> Shau�d any of th�se conditions for deferra� of Due and Payable status not be met a�any <br /> tim�,the deferra� af the Due and Payable status sha�1 cease and�he S�cond Note wi�� <br /> become immediat�ly Due and Payab�e in accordance with the terms of the Second Nnte. <br /> �h}Due and Payable-Sale. Lender may require immediate}�ayment in full �f all sums secured <br /> by this Se�;urity Instrument if all of a Borrow�r's titl�in the Property��r his or her ben�fi�ial <br /> Page 4 of I 2 HECM 5e�ond Deed Df Trust--: <br /> 1 <br />