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�0�20�46r 15. Rehabilitation Loan A.greement Borrower shall fulfill all of Borrower's obligations under any home rehabilitation, improvement, repair, or other loan agreement which Bonower enters into with Lender. Lender, at Lender's option, may require Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assignment of any rights, claims or defenses which Borrower may have against parties who supply labor, materials or services in connection with improvements made to the Property. 16. ZYansfer of the Property or a Beneficial Interest in Borrower. If a11 or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Deed of Trust. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Deed of Trust. If Lender exercises this option, Lender shall give Borrower notice of acceleration. T'he notice sha11 provide a period of not less than 30 days from the date the norice is delivered or mailed within which Borrower must pay all sums secured by this Deed of Trust. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Deed of Trust without further notice or demand on Borrower. NON-LTNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Acceleration; Remedies. Egcept as provided in paragraph 16 hereof, upon Borrower's breach of any covenant or agreement of Borrower in this Deed of Trast, including Borrower's failnre to pay, by the end of 10 calendar days after they are due, any snms secured by this Deed of Trast, Lender prior to acceleration shall give notice to Borrower as provided in paragraph 12 hereof specifying: (1) the breach; (2) the action required to cure such breach; (3) a date, not less than 20 days from the date the notice is mailed to Borrower, by which such breach must be cured; and (4) that failure to cure such breach on or before the date specified ia the notice may result in acceleration of the sums secured by tius Deed of 1Yust and sale of the Property: The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the none�stence of a default or any other defense of Borrower to acceleration and sale. If the breach is not cnred on or before the date specified in the notice, Lender, at Lender's option, may declare all of the sums secured by this Deed of 1Yast to be immediately due and payable withoat further demand and may invoke the power of sale and any othei remedies permiited by applicable law Lender shall be enti�tled to collect all reasonable costs and egpenses incurred in pnrsning the remedies provided in this paragraph 17, including, bat not limited to, reasonable attorneys' fees. If the power of sale is invoked, Trustee shall record a notice of default in each county in which the Property or some part thereof is located and shall mail copies of such nol3ce in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the lapse of such time as may be required by applicable law,lYustee shall give public notice of sale to the persons and in the manner prescribed by applicable law Trustee, without demand on Borrower, sha11 sell the Property at pubHc sucbion to the high�t bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in such order as TYustee may determine. TYvstee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or Lender's designee may purchase the Property at any sale. Upon receipt of payment of the price bid,lYustee shall deliver to the purchaser Trustee's deed conveying the Property sold. The recitals in the 1Yustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all reasonable costs and egpenses of the sale, including, but not limited to, Trustee's fees actaally incurred reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Deed of 1Yust; and (c) the egcess, if any, to the person or persons legally entitled thereto. NEBRASKA - Second Mortgage -1/80 , VMP-76(NE� (0509) Amended 7/04 Page 5 of 7 Barrower(s) Initlals ��