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2� 1 ���7�4 <br /> Prnper�y. �f the Property is �acant or aban�doned or the itian is in default, Lender rnay �ake reas�nable action ta <br /> protect and preserve su�h�acant or abandoned Praperty wrthaut no�ice to the Borrower. <br /> 7. C'ondemnation. The proceeds nf any award ar claim for damages, direct ar canseyuential, in cannec��an with <br /> any condemnatian, or other taking af any par�of the Praper�y, or for con�eyance in place of condemnatian shall be <br /> pard�o Lender. The proceeds shall be applied first to the reduction of the indebtedness under the Second Note and <br /> Second Security Instrument �as described �n Paragraph I5} held by �he Secretary an the Property, and then to the <br /> reduction of the tndebt�dness under the Note and this Security Instrum�nt. Any excess proceeds o�er an amount <br /> required to pay all outstanding �ndebtedness under the Note and this Security Instrurnent shai� be paid�fl the en�ity <br /> lega�Iy enti�ied there�o. <br /> S. Fees. L�nder may collect fees and charges authorized by the Secretary. <br /> 9. Non-Borrowing S�ouse.Borrowe�,NIA,is married under the laws of NlA ta N!A("Nan-Barrowing Spouse"}, <br /> vvho is not a Borr�wer under the terms of the"Note,""Loan Agreement"�r this Security Instrument. <br /> (A} Eli ��1� Non-Borrowin S ause. A Nan-Barraw�ng Spouse identified by the Borrower who meets, and <br /> continues to meet,the Qualifying Attri�ut�s reo�uiremen�s established by t�e Secretary that�he l�on-B�rrnwing <br /> Spouse must satisfy in order to be eligible for the Deferral Periad. <br /> (B} Ineli ihie N�n-Sorrowin S ouse. A Non-Borrowing Spause who does not meet th� �ualifying <br /> At�ributes requ�rernents established by the Se�retar�th�.t th��on-Bor�a�ing 5�ouse rr�ust satisfy in order to be <br /> eli�ible far the Deferral Period, <br /> 14. �rounds for Acceleration af Debt. <br /> tA} Due and Pa ahle—Death. <br /> �i� Except as pra�ided in Paragra�h 14�A}�ii},Lender may r�quire immediate payment in full of all sums <br /> secured by tl�is Security Instrum�nt if a Borrov�rer�ies and the Property is no�the Principal Residen�e of at <br /> �east❑ne survi�ing Borrower. <br /> �ii} Lender sha�l defer the Due and Payahle requirement under Paragraph 1��A}�i�aho�e for any period of <br /> time �"I]�ferral Period"} in which a l�on-�orrowing Spouse identif�ed in Paragraph 9 qualifies as an <br /> Eligible Non-Borr�wing Spouse and certifies all❑f the foll�wing conditions are,and continue to be,met: <br /> a Such Eligible Non-Borro�uing Spouse remained the spouse of the identif ed Borrower for the <br /> duratinn of such Borrower's�ife�ime; <br /> b Such Eligible Non-Borrow�ng �pouse has occupied, and cont�nues ta accupy, �he Prnperty as <br /> [hislher]Principal Residence; <br /> c Such Eligible Non-Borrowing 5pouse has established legal flwriership or other ongoing legal right <br /> to remain in the Praperty; <br /> d A�I other obligations af the Borrow�r under th� N�t�, the L�an Agreem�nt and this Security <br /> Instrument continue to be satisf ed;and <br /> e The Note is not eligible to be ca�led due and payable for any ather reason. <br /> This sub-paragraph�ii�is inapplicable or null and�oid if an E�igible Non-Borrowing Spouse is or becomes <br /> an Ineligible Nan-Borrowing Spouse at any time. Further, during a deferral of the due and payable status, <br /> should any of the canditions for deferral cease to be met such a deferral shall immediately cease and the <br /> Note will become immediately due and payabie in a�cordance with the pro�isions of Paragraph 7�A}�i}of <br /> f)n�Re�erse Mvrtgage,LL� Loan�riginator:Tiffany Davis <br /> Company-NMLS#:2�52-Loan Number:3349$825�3 Laan�riginator NMLS#;753281 <br /> Neb�aska-Is�MERS Security Instrument(Adjustable} Page Q of 12 �Bay Docs,LLC D31�IIZ�15 <br /> qfl�34ssaz�o3 0��3 a�� a��z <br />