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�o�oo�sio (e) Trusts. Conveyance af a Borrower's interest in the Property to a trust which meets the requirements of the Secretary, or conveyance of a trust's interests in the Property to a Borrower, shall not be considered a conveyance for purposes of this Paragraph 9. A trust shail not be considered an accupant or be considered as having a principal residence for purposes af this Paragraph 9. (� Mortgage Not Insured. Borrower agrees that shauld this Security Instrument and the Note not be eligible for insurance under the National Housing Act within 60 days from the date hereof, Lender may, at its option, require immediate payment-in-full of all sums secured by this Security Instrument. A written statement of any authorized agent af the Secretary dated subsequent to 60 days from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this aption may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. No Deficiency Judgments. Borrower shall have na persanal liability for payment of the debt secured by this Security Instrument. Lender may enforce the debt only through sale of the Property. Lender shall not be permitted to obtain a deficiency judgment against Borrower if the Security Instrument is foreclosed. If this Security Instrument is assigned to the Secretary upon demand by the Secretary, Borrawer shall not be liable for any difference between the mortgage insurance benefits paid to Lender and the outstanding indebtedness, including accrued interest, owed by Borrower at the time of the assignment. 11. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment-in-full. This right applies even after foreolosure proceedings are instituted. Ta reinstate this Security Instrument, Borrower shall correct the condition which resulted in the requirement for immediate payment-in-full. Foreclosure costs and reasonable and customary attorney's fees and expenses properly associated with the foreclosure proceeding shall be added ta the principal balance. Upon reinstatement by Borrower, this Security Instrwment and the obligations that it secures shall remain in effect as if Lender had not required immediate payment-in-full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of foreclasure proceedings within two years immediately preceding the commencement af a current foreclasure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the Security Instrument. 12. Lien Status. (a) Modification. Borrower agrees to extend this Security Instrument in accordance with this Paragraph 12(a). If Lender determines that the original lien status of the Security Instrument is jeopardixed under state law (including but not limited to situations where the amount secured by the Security Instrument equals or exceeds the maximum principal amount stated ar the maximum period under which loan advances retain the same lien priority initially granted to loan advances has expired) and state law permits the original lien status to be maintained for future loan advances through the execution and recordation of one or more documents, then Lender shall obtain title evidence at Borrower's expense. If the title evidence indicates that the property is not encumbered by any lisns (except this Security Instrument, the Second Security Instrument described in Paragraph 13(a) and any subardinate liens that the Lender determines will also be subordinate to any future laan advances), Lender shall request the Borrower to execute any documents necessary to protect the lien status of future loan III IIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIII�IIIIII�IIIIIIIIIIIII�IIIIIIII III III qQ32257922400233000000p1. Mortgage Cadence, LLC � 0228 07/07 (5 pf 10) Nebraska Daed of Truat HECM FIXED RATE