Ive updated my process Model Identity from NetworkService to ApplicationPoolIdentity.
However,
What permissions did NetworkService had before and to what ?
What was his security permissions to the asp.net ?
and how do I clone the previuos permissions to the ApplicationPoolIdentity account ?
You should look here for an explanation of Application Pool identities:
http://learn.iis.net/page.aspx/624/application-pool-identities/