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2� 1 ��3829 LQAN#: 'fCD5�7981'[ �e} Mor�gage Nvt [nsured. Borrow�r agr�e� �ha� if fhis Security Instrumen�and th� Not� are not determin�d t� be�ligible far insurance und�r fihe N��ional H�using Ac�within 6D days fram the date hereof, l�ender may, at ifis op�ion, re�uire immediate paym�nt in full af all�ums secured by this 5ecu� ri�jr Ins�rument.A wri�ten s�at�ment�f any au�hvri�,ed a�ent af the Secre�ar�da�ed sub�e�uent to B� daysfrom�he dat�hereaf,declining�o insur��his Security Instrumen�and the Note, shall be deemed can��usi�r�prvof o�such ine[�gibil�ty. Natw��hstanding the foreg�ing, �his optian may not be exerc�sed by L�nder when �he unavailability a�insur�nce is svl�ly due to Lend�r's failure to r�mi�a rr�rortgage insurance premium ta the 5e�retary. IVOIV-UNIF�]RiVI ��VENANTS. Bvrrawer and Lender further Gavenant and agree as follows: �3. A�signment�f Rents. �3arr�wer uncondi�ional�y assigns and transfers�o Lender al[th� rents and rev�nues af the Property. Borrow�r authori��s Lender or Lender's agents fio callect the rents and revenues and hereby directs each�enant af the Property fiv pay th�renfis t�L�nder or L�nd�r's agents. H�we��r, pr�or��Lender's nntic��o Borrvwer of�orr�vtir�r's brea�h af any covenanf or agre�ment in th� Securi�y Ins�rument, Bvrrower shall colleGt and re�eive ai1 rent�and revenues�f the Praperty as trustee far�h� bene�it of Lender and Borrvvuer. This assignment �f rent� canstitutes an a�solu�e assignment and not an as�ignment far addi�i�na1 security only. If Lender gives noti�e of bre�ch ta Borrow�r: �a}a1!ren�s r�ceived by BQrrawer shall be h�ld by Bor- r�awer as trustee f�r benefit af L�nd�r anly,�v�ae appli�d�o the�ums secured by�he�ecurity 1n��rum�n�; �b} Lender shall be entitled to callec�and rece��re all of the rents of the �raperty; and �c}each tenant of the Pra�erk�shail pay a!I ren�s due and unpaid to Lenderor L�nd�r's agen�on L�nder'swritt�n demand �a�h�t�nant. Barrawer ha� nvt ex�cuted any prior assignment of�h� r�nts and has na�and v►rill nat perf�rm any act that wauld pr�vent Lend�r f��m exer�isin� its rights under thi�5�cti�n ��, Lender shall no�be requir�d ta enter upan, t��ce cvntrol of�r main�ain �he Property be�ore or after giving no�ice of breach t� Borrav�er. Hawev�r, Lender or a�udiciaEly ap�vinted recei�er may da s❑ at any time there is a brea�h.Any appl�cativn �f rent�shali n��cure�rwaive any default or inrralidate any o�her right a�r remedy of L�nder.This a�signmen�of ren�s af�h� Property�hall terminate when�he debt s�cured by�h� Security Instrument is paid �n full. �4. Accelerati�n;F��med�+es.Lendershall gE�re notiGe to Borrower pri�rt�accelera�tian fvll�w- ing Borror�v�er's breach of any �ov�nant or�gre�m�nt �n this Securi�y Instrument tb�ut not priar to accel�ration under Secti�n 1� unle�s App�l�caaie Law pr�r►ides other►�vi�e�. The notice shall sp��ifj�:�a�the defauit;�b}the action requir�d to cure the defaulty��a date,n�t less than 3�days from the date the notice is gi�en to Bvrr�vr►er, by v�vhich th�defau�t must be cured; and �d)that fai[ure ta cure the default on or heft�re the da#e spe�ifted in th�not�ce ma�result in accelerativn �f the sums s�cured by this��curity Instrurrrent and sa�e of the Prvperty.The notice shall further inform Borr�wer af the right to reinstate after acc�lerat�vn ar�d the right to bring a caurt act�on ta assert the non-existenc��f a d�fault ar any�ther defen��f B�rrower ta�ac�eleration and�ale. If th�default i� not cured vn or i�efore the date s�ecifiet� in the noti�e, Lender at�ts opt�on may r�quire immediate payment in ful��f all sum��ecured by this�e�urity lnstrumen#without further d�mand and may in�oke the pr�wQr of sal�and any oth�r remed�es perm�tt�s� hyA�pl�Gab�e Law. Lender shaN�b�+�ntitled to cailect all expe�nses Encurred in pursuing the remedies pro�ided in this �ectivn 24, includ#ng, but nvt lim�t�d to, reasc�na�le attvrneys'fee� and co�ts af title ev�den�e� If the pawer af�ai�E�inr►a�ked,Truste�shall re�ord a not�ce t�f default in each cvunty in vuhich �ny part vf the Prop�rty is �a�at�d and shall mai�Copie��f such n�ti�e in the manner pre�cr�b�d by Applicabl� Law t�Borrc�wer and to the vther p�ersons prescri�ed by Appl'rcahle Law.Aft�r the time required by AppiiGable L�w,Trustee�h�ll give�uhli�notice�f sale t�th�persons and in th� manner pr�scribed by Applicabl�Law.Trustee,wEthau�demand�n Barr�wer,shafl sell the Property �t pubEic au�tion to the hi�h��t bidder atthe time and place and under th�t�rms d�signated in the noti�e vf sale in�ne or mare parcels�nd in any order Truste�determine�.Trustee ma�y po�tpvne sale of all�r an�par�el o�f the Prop�rty by pr�b��c announcem�nt at the tirne and place of any previ- ously scheduled sale. Lender�r its desi�nee rnay purchase the Pr�ap�rty a�an�sale. U�on recei�t af payment of the pr�c�bid,�'rustee shall deli►►er to the purchaser Trustee'�deed con�eying the P"raperty. The recitals in the Trustee'� deed shall �e prima facie evid�nce af the truth of the stat�ment� made therein.Truste�shaEl app�y th� pr�ceeds uf the sale in the fvllow- ing arder: �a}to all cos�.s and e�penses of e�er��sin� the pa�wer�f sa��, an�d the sale, inclu�ing th� payment vf th�Trustee's fees actuall� incurred and reas�nat�le att�rney�'fees a� permitt�d �y A�plEcab[�Law; �b�to all sums se�ured hy this Se�urity Instrument;and�c�any�xce�s to the person ar persans legall�er�titled t�it. If th�Lend�r's inter�st in tl�is Security Instrument is helti by the S��retary and the S��reta� requir�� immediate payment in fu�l under Secti�n 2�,the Secretary may in��ke the nonjudicial pawer af�a�e prvvided in the Single Fami[y �or�gag�Foreclasure Act vf�9��"Act"��'�� U,�.C. 37�7 et s�q,}by request�ng a forec��sure�ommissi�ner de�ignated und�r the Act to cvmmence fore�losure and to ��II the Propet-ty as pro�ided in the A�t, Nvthing 'rn the precedin� s�ntence �h�li depr��e the�ecretary vf a�ny r��hts othQrwise arraila�le ta a Lender under th�s Sect�r�n 24 ar applicahle law. � NEBRASKA—Single Family—Fannie N1aelFreddie Mac UNIF�Riwl IIVSTRIIN[ENT Form 3��8 11�1 � Il�adified for FHA 9I�01�4�HUD Handbva�k 4�0�.1� �nItI�IS; Ellie Mae,inc. Page 1� of 11 PVEEFHA15DE Q9�5 NEEDEED{CL5} D51�81��1 C U�:16 APlil RST �. ti s ■ �