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201100257 8. Grot�ndsfvr Au�eleratianof Debt (a) Due and Payabt�. Lender may require immediate payment in full of all sums secured by th(s Security Instrument iF: (i) A Borrower dies and the Property is nut the principal residence of at least one surviving Barrower; ar (ii) A!t of a Borrnwer's Htle in the Property (or his or her benefici�llntenast in a trust ovming all or part of the Property) is sold ar othervvise tr�nsferred and no other Bornawer retains title to the Property in fee simple nr retains a leasehold under a lease for not less tt�n 99 years which is ranewable or a lease having a remaining period of r�t less than 50 y�ers beyond the date of the 100th birthday of the youngest Borrower ar retains a life estate (or retaining a beneficial interest in a trust with such an interest in the Properly); or (iii) The Properly ceases to be the principal residence of a Borrower tnr reasons other than death and ihe Property is r�at the pr�ncipal residence of at I�st one other Borrower, vr (iv) For a period of bnger than iwelve (12) cansecutive mor�ths, a Borrower fails to occupy the Property because of physical or mer�tal iilness and the F'roperty is not the principal residence of at least one nther Borrower; or (v) An obligatbn of the Bormw� under this Security Instrumant is not perfiorrned. � b) Notica to I..endor. Bonqwer shall notify i.ender whenever any of the events listed in aragraph 9(a)(ii}{v) occur. (c) Natice ta Borrawer. Lender shall notify Borrower whenever the ban becomes due and payable under Paragraph 9(axii}{v). Lender shall not hava the right to vommence foreclasure until Barrower has had thirty (30) days after natice to efther. (i} Correct the matter which resulted in the Security Instrument aoming due and Payable; or (ii) Pay th� bal�nce in fuil; or (ilt) Sell tha Property for the lesser of the balance or 95% of the appraised value and apply iha net proceeds of the sale toward the balance; or (iv) Provide the Lender with a deed in lieu of forecbsure. (d) Trusts. Cornreyance of Borrower's interest in the Property to a irust which meets the requirements af the Sacretary, or conveyance of a trust's interests in the Pr+operry to a 8arrower, shall n�t be corrsidered a oonveyance far purp�ses of this P�ragraph 9. A tn�t shall nat be considered an nccupant or be considered as having a principal residence ior purposes of this Paragraph 9. 1p. No DeficlancyJudgrrNnts.Bomower shalt have no personai Uability far payment of tha debt secured by this Security Instrument. Lender may enTnrce the debt unly throuph sale af the Property. Lender sh�tl rpt be permifted b obtain a deficiency judgmeM against Borrower ff the Securfty Instrument is foreclosed. 11. Rsinstatament.8orrower has a right ta be reinstated if Lender has required immediate payment in full, This right applies even after forecbsure pmceedings are instituted. "Co r�einstate this Security Instrument, Borrower shall correct the condition wiiich resulted in the requirement for immediate paymeM in full. Faredasure oosts and reasonable and custamary attomeys' fees and expenses properly associated with the forecbsura proceeding shail be added to tha principal balanoa. Upon reinstatement by Borrower, this Security Instrument �nd the obligatioris that it secures st�ll remain in effect as if Lender had not required immediate payment in full. However, Lender is nat required ta permit reinstatement if: (i) Lender has accapted reinstatement after the cammencement of foreclosure proceedings within twa years immediately preceding the commencement of a cumerrt forecloaure proceeding, (ii) reir�tatement will predude fcarecbsure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the Security Instrument. 12. l.fan Status. (a) Modificati�n, Borrawer 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 jec�pardized under state law (inGuding but not limited ta situations where the amount secured by the Security Instrument equals or exceeds the maximum princips�l amount stated pr the maximum period under which loan advances retain Flr�t M�rian Lwn C�vductlon BMVbu �, .. Ns6roka NE{:M 8�awd S�euity Iminirt�ent � 2U08 Fint Amnirn RMI E�MY Solutlaw LLG FALPSM UB11: WlOB NMFL MBBOBNE pac Id: qpNE Paqe < �