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2� 17�2�82 <br /> �ntitlea thereto. <br /> S. Fees. Lender rnay callect fees and charges autharized by the Secretary. <br /> 9. N�n-Borrawing SpouSe.Barrower,NIA,is married under the la�us of NIA#o NIA{"Non-Borrawing Spouse"}, <br /> who iS not a Borrower under the terms of t�ie"Se�and Note,""Loan�greement"�r this Security Instrument. <br /> (A} E�i ib�e Non„B4rrowin� Spou�se. A �Tan-Bor�rowir�g Spfluse identifiec�by the Borrawer who meets, and <br /> cant�nues to meet, the�ualifying Attributes rea�uirernents es#alatished l�y the Secretary that the Non-Borrow�ng <br /> Spouse must satisfy in order to be eligible far th�Deferral Feriod. <br /> �B� Ine„��ble Nnn-Barrowin�_S�ouse. A Non-Barrowing Spous� who does not meet the C�ual�fying <br /> � .�.._..,�.�.�.,,,��.,��.�_��,�.� <br /> Attr�ibutes requirements establishec�by the Sec�'etary t�at the Non-�arrowing Spouse mus�satisfy in order�o be <br /> eligib�e for the D�ferral Per�od. <br /> 1 U. Gro�ands for A�ce�eratian of Debt. <br /> �A) Due and Favable--Death. <br /> .�,.,_,.�._,�._...���-...� <br /> �i} Except as pro�ided in Paragraph 1��A��ii},Lender may r�quire immediate payment in fu�l of al�sums <br /> secure�i�y this Security�nsxrument if a Bnrrower dies and the Pr�perty is not the Principal Residence of at <br /> �east flt��sur�i�ring Borrawer,ar <br /> (ii} Lender shal�defer#he I3ue and Paya�Ie requirement under Paragraph I U�A}�i)abave f�r any periad af <br /> time �"Deferra� Peri�d"� in which a Non-Borrowing Spouse identif ed in Paragraph 9 c�ualifies as an <br /> Eli�ib�e Non-Borrowing Spous� resides in the property as �his�her] Principal Residence and al� of�he <br /> �ollnwing conditi�ns are,and continue t�be,met: <br /> a. Such Eligible �on-Borrawing Spause remained the spa�se tif the id�ntified Borrower far the <br /> duration af such Borrower's�ifetime; <br /> b. Such Eiigible Non-Borrowing Spous� has occup�ed, and continues ta accupy, the Property <br /> securing as�hislher]Principa��esidence; <br /> C. Such Elig��le Nan-Borrowing Spouse has es�ablished �ega� ownership ar other ongoing iegal <br /> right�o remain in the Property; <br /> d. AII oth�r �bligati�ns of th� Barrower under the Se�and I�ote, th� �,oan Agreement an� this <br /> Se�urity Instrument continue ta be satisfed;and <br /> e. The Se�ond Note is no�eligib�e to be called due and payable far any other r�ason, <br /> This sub-paragraph �ii} is inapplica�le ar null and �oid if an Eiigib�e Non-Borrov�ring Spouse is or <br /> becornes an Inelig�ble Non-Borrawing Spouse at any time. Further, during a deferral of the due and <br /> payable status, should an� of the co�ditions far deferral cease to be me� such a def�rral sha�l <br /> imrn�diately cease and the Nat� wi11 become immediately du� and payab�e in accordance vvith the <br /> provxsia�s af Paragraph 7{A}�i}of the Note. <br /> {B) Due d P yable=„Sale. Lender may require irnmedia#e payrnent in full of a11 sums secured by th�s <br /> Secu.rity Instrument if all of a Borrawer's title in the Property�or his vr her beneficia�interest in a trust owning <br /> a11 or part af th�P�opert�}is s�ld or othervv�se transferred and�a ather Borrower re�ains tit�e to the Proper�y in <br /> fee s�mple,or reta�ns a leas�hald under a Iease for not less than 99 years which is r�nevwable or a lease ha�ing a <br /> remaining p�riad of nat less than SU years beyond the date af the 1 QUth�irthda�af the yaunges�Barrawer,or <br /> retains a Iife estate ��r retaining a beneficial interest in a trust with such an interest in the Praper�y}.A deferral <br /> af due and payabie status is nat permitted when a Lender requires immediate payment in fu�� under this <br /> �ne R�verse Mvrtgage,L.LC � Loan�riginator:B ruce�1sen <br /> �ompany-NMLS#:2Q52�Laan Number:33�9956�73 Loan Qrig�natar NML�#:9�2398 <br /> IVebraska-�"�Security Irzstrument��4d,�usta�le� �'age 4 of 11 �Bay Docs,L�C f�314iI��15 <br /> qo����s�s��� ���� �3s o4�� <br />