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2� 1 ��7�5 of due and payabl� status is nat permitted when a Lender re�uires immed�ate paym�nt in full under this Paragraph. ��'} l�ue_„�d Payable�h Secretar�,,,Appro�. L�nder may reauire �mmediate payment in full of alI sums se�ured by this Securi�y Instrument,upon ap�ro�al of�he Secretary,if: �i} The Property ceases to be the Priricipal Residence af a Borrovver far reasons other than death and the Praperty is not the Princ�pal Residence of at least one other Borrower;or �ii} For a period af langer than twe��e �12} consecuti�e m�nths, a Sarrower fails to occupy the Property because of physical ar mental illn�ss and the Praperty �s not the Principal Residenc� af a� least one other Borrower;or (iii}An ab��gatian of th�Borro�er under this Secu�ity In�trument is no�perform�d A deferral of due and payable is not permitted when a Lender requires immediate payment Zn full under Para�raph 1 U(G}. �D} Notic�to and �ertificati�n to Lender. Borrower shall complete and prfl�ide to the Lender on an annual basi� a certificatio�, in a f�rm prescribed b� t�ie Lender, stating wvhether the prop�rty remains the Borrowe�'s principa� residence and, if app��cable, the Pr�ncipal l�esidence af his or her Nan-Barrovving 5pouse. Wh�re a Bvrrower has iden�ified a Non-Borro�v�ng �p�use in Paragraph � and the identified Non-�3orrowing Spouse �uaiifies as an Eligible l�an-Barrawing Spouse,the Borrower sha�1 a�so complete and pro�ide t�the Lend�r on an annual basis an Eligible Non-Borrowing Spouse certification, in a farm pr��cribed by the Lender,certifyrng that all requirements for the appl�cation of a Deferral Period�ontinue t� apply and continue to be met. During a Deferral p�ri�d,the annual Principal Residen�e c�rtification must continue ta be completed and pra�ided ta the Lender by the Eligible Non-Barro�ving Spouse. The Bflrrower shall a�so notify Lender whene�er any af the events listed in Paragraph 1�(B�-(�}occur. (E� Nati�e ta Borrower, Lender shall natify B�rrower whenever the taan �e��m�s due and gayable under Paragraph i 0(B} ��. Lender sha�t not ha�e the right to commence foreclosure until Borr�vver has had thir�y �3�}days after notice to either: �i} ��rrect the matter which resulted in the Security�ns�rument comin�due and payable;or �i�} Pay the 1�alance in full;ar �iii} �ell the Frop�rty for the Iesser af the balance or ninety-fi�e p�rcent�95%}of the appraised �a1u� and apply the net proceeds of the sa�e toward the balance;ar �i�} Prnv�de th�Lender with a deed in lieu of farec�osure. �F} I`Ioti�ce to Secr�tarY and El�gible NQn-B�rra►w�Spous�.Lender shal�n�tify the Secr�tary and any ,�,�,...�,�,,. ......�_.�..� ..., . .. - Eligib�e�Ion-Sorrowing Spouse wh�n�ver any e�ent�isted in Paragraph ��B}and�C}occurs dur�ng a Deferral Periad, �G} Tr,,,,_ usts. �an�eyance of a B�rrawer's interest in�he Prnper�y to a trust which meets the reyuirements of the S�cretary, or conweyance of a trust's interests in the Proper�y to a Borrower, shat� no� be cansidered a conv�yar�ce far purposes of this�Paragraph I�. A trust shall�n�t be cansidered an occupant or be considere� as ha�ing a�rincipal residence for purpases�f th�s Paragraph 1�. Qne Reverse Mo�tgage,LLC Loan�riginator:Tiffany Da�is Company-NMLS#:�452-Loan Number:33498$25�3 Laan�3riginatar NMLS#:�53281 �ITe�r-as�cu-�"�Security I�strume�t(Adju.rtabde} Page 5 of I1 �Bay IJocs,LLC D31�11,�415 qD334988�503 1�72 4�7 ��'�1