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2� 1 ��3474 <br /> a. Su�h Eligib��Non-Borrav►jin�Spouse remairied the spaus��f�he id�ntified Bflrrower <br /> f4r the duration of such Barrow�r's�if�time; <br /> b. Su�:h Eligible Non-Borrawin�Spouse has oc�upi�d,and can�tinu�s to occupy,the <br /> Pr�pe�ty �hislher� P�-incipai Res�dence; <br /> c. Su�h�ligible Non�-Borravcfing SpQuse has establ�shed lega�aw��rship ar a�her <br /> ongoir��1ega1 ri�ht to rexnain�n�he property securing this Not�; <br /> d. All��her�bl�gatians of th��orrower under�he No�e,tk�e Loan Agreem�n�and�hzs <br /> Securi�y�ns�rument continu��o be sa��sfied;and <br /> e. The No�e i�not eli�ible��be cal�ed due and pa�able far any a�her r�ason. <br /> �'his sub paragraph�ii}is�nappZ��ab�e or nu��and�oid�f an E��gabl�Non-B�rrow�n� <br /> Spouse is or becom�s an Ine�igib��Non-B�rr�wing Spouse at any�ime. Furt.l�.�r,during a <br /> d�ferral of�he due and payable sxa�us,should any of the canditions far deferra�listed zn <br /> th�s Paragrapll c�ase to be met,�uch a def�rral shali immediately cease and�he Note wili <br /> become immediat�ly due and payable�n accardance v�ri�h�he provisions of Para�raph 6 <br /> �A�����f th�No�e, <br /> �b}Due and Payabi�-�al�.Lend�r may require�mmed'za�e payzx�en�in ful�of al1 sums se�ur�d�a� <br /> �hxs Security�nstrumen�if al�of a Borrower's ti�le xn the Prop�rty�ar his or her benefi�ia�interest <br /> in a�rust ownina aI�or part of Che Properry�is so�d or atherwise transferred and r����h�r BorrQwer <br /> retains ti�1e to the Froper�y in fee simple ar retains a�easehaid under a lease f�r n�t less�han 99 <br /> years vvhich�s r�n�v�7abie or a leas�ha�in�;a rema�ning p�riad�f n�t less�.han 5��ears b�y�nd the <br /> date af the I��t�bir�hday of�he younges�Borrourer or reta�ns a life��tate�or re�ainzng a benefi�ial <br /> interest�n a�rust uri�h such an interest in the Pr�p�r�y�. A deferra�of du�and payable sta�us is no� <br /> permi�ed when a Lender requires�mmediate pa�m�nt in fuil under this para�raph, <br /> �c�I]�ue ar�d Payabie�vvi�h S��retary Appraval.�-Lend�r may r��uir�immedxate payment in fu�� <br /> of all sums secure�by�his Security �ns�rument,up�n approva��af the Secre�ary, if: <br /> ��3 Propexty ceases�o be th�Principal R�sidence af a BorrQ�v�rer for reasons other�.han d�ath <br /> and the Property�s not the Principal Resid�n�e�f at leas�one other Borro��ver;�r <br /> �i�)For a�eriod of Io��zg�r�han�welve��2)conse�uti�e manths,a BorrQwer fails to Qceupy�he <br /> Property because of physi�al or mentat�l�n�ss and�h�Proper�y is not�h�Princzpai ResidenGe <br /> of a�leas�on�other B�rrawer;or <br /> �iii}An flbli�ation af�he B�rr�wer under�his Securi���nstrument is n��perfc�rmed. <br /> A def�rrai of due and payab��s�atus is no�permitted when a Lender r�quires immed�a�e <br /> paymen��n ful!und�r�his Paragraph I Q���. <br /> (d}Notice and�er�ifi�ati�n to Lend�r.B�rrower shali�omple��and pro��de to th�Lend�r on an <br /> annua�bas�s a cerfifica�ion,in a form prescribed by the I�ender,statin�whether the Property <br /> remains�he Borrower's Principal Residence and,if appiicable?th�P�in�ipal Resic�enc�af hzs ar <br /> h�r Non-Borrowing Spouse. �here a Borro�er has idenrif ed a Nan-Barr�w�n�Spouse in <br /> Paragraph 9 and the ident�fied N�n-Borraw�n�5pouse qua�if es as an Ei�gxble Non-Barrov��ng <br /> Spouse,�he Borrower shal�aiso compl�t�and provide t��.he Lender on an annual basis az�Eligi�l� <br /> Non�-Borrovving Spouse certif ca��on,in a form prescrib�d by the Lender,certifyi�g�hat a�� <br /> requirements for�h�app��ca�iQn of a I]eferral Per�c�d cor�t�nue tc�apply and co�.�ir�ue to be m�t. <br /> 17urin�a Deferra�P�riod,tl��annual Princ�pal R�sidence G�r�ifi�ation must continue���e <br /> Page 5 o�f 14 HECM First D�ed Of Trust-201 S <br />