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201604038
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Last modified
7/24/2017 2:23:19 PM
Creation date
6/30/2016 8:49:25 AM
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201604038
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2� 1 ��4�38 <br /> . <br /> L�AN#: 'I G�3USF�226�8 <br /> ' ��� �I[�����e hlot In���re�. Borra�er a�rees �ha� if t�is ��curi� ���tru�nent and th� N��� ar� r�o� <br /> . det�rmin�d �o �e eligi���for in�ur�n�� under the h�at�anal H�u�ing�c��i��in �a d�ys frarn th� da�� <br /> here�f, L�n�er may, �t i�s�ptian, ��quir�immedi�t�p�yrr�en�i�fu�l Qf�ll su��s��ur�d b��his Secu- <br /> �i�� �n�tr��en�.���i���r� sta�em�n��f�n��uf�vr��ed a�en�a��h�Secre�a�da�ed su�Os�q uen�fin�� <br /> d���f��m�h�da�e hereof, deciining t�in�ur��his Securi�}r �nstrum�n��r�d the No�e, �h�ll be d��rr��d <br /> cQnclu�iv� �raaf nf su�� ineligib�lity. �l��hrvi�h��anding the foregoing, �h��op���n �nay no�be exerci�ed <br /> b� ��nder�rh�n �he un�v����bi��f� of�r�suranc� is �Qlely due �o Lender's failure �a r�m��� mor����� <br /> in��ran�ce premium��the�ecre���. <br /> N�N-IJNIF�R�VI �€��lEhIaNT�. �3orr��er an� Lender furth�r���enanfi�nd ag�e� as foll��s: <br /> �3. ��s��gnmen�af��nts. E��rro��er un�vr�di��on��ly assigr�s ar�d �ran�fers�a L��der a!I the ren�� <br /> �nd r�venu�s �f�he Praper�y, Barra��r���harizes �.en��r or L�n���'s ag�nts to �o�lect th� r�n�s and <br /> re�e�u��and her�b�directs�a�h�enan�of�he F'rape�ta pay fih�r���s fi� Lender ar Ler�der's a��n�s. � <br /> H�vv�ver, �ria�to Le�d�r's�t�oti�e��B�rra�er of Borr��ver's�reac�a�an����renant ar agreem�n�in th� <br /> �ecurit��n��rumen�, Bo�rar��r�hall collec�and receiv�ai��en�s and revenu��of fihe Pr�p�r�y as trust�e <br /> far��� bene�it �f L�nder ar�� E�orrotinrcr. This ���ignm�n� of �ent� c�nsti�u�es �n a��olu�e assignm�n� <br /> and r�ot an as�ign m�nt for add itianal se��r��� �nly. <br /> if L�r���r�ives n�ti�e�f breach to Borr��rer: ���all r�n�s r�cei�red b� B�r��w�r shall b�he�d b��3or- <br /> rower as truste�for ben�fi�of L�nder o�ly,�a be applied fi��h��u�s���ur�� by the�ecurit}��ns�rurn�n�; <br /> �b� Lend�r shall be en�i���d �� c�l�ec�ano� r�ec�iv�a!I vf�h� r�r��s of�he �r�ap�r�y; �nd ��} ��ch �enar��of <br /> �he Prv��r�y sha�l pay a�l ren�s du�and ur�paid�o Lend�r�r Lender's��ent an Len�er's vv���ten der�and <br /> �a the �enar��. <br /> garr��v��has not execu�e� any priQ����i�nm�nt af��e ren��and h�� no��nd �ri�� no��e�fiflrm an� <br /> a�t�ha������ pr�v�nt Lend�r from exerci�ing ��s r���ts und�r�his S�ctian �3. <br /> L�n�er shafl n�� be r�quired to en��r �pon, take con�r�l of or rnai�ta�n �h� P�operty befor� fl�af�e� <br /> giving r�otice of br�ac� ta� ��rro�er. H���v��, L�n�er �r a judiciaily ��p�i��e� receiv�r may dQ so �� <br /> an}�time�he�� is a breach.�r�y applicatian af�en�s shall r�ot cu�e ar�nra�W��ny d�fau[t or in�ali�a��a�� <br /> o�h��ri�����reme��1 of Lend�r.This�s�i�nr�ent❑f ren�s o��he F'r�p�rt��h�ll�ermina���hen�he deb� <br /> s�cure�d �y�he Securi�}� �ns�rur�en� is paid in fu��. <br /> ��4. �����erat�ar�; F�emed��s.Le�tdC�r�hal�girre n��i��t�B�rro►�r�r pri�r to a�ccel�r�ti��f�ll��►- <br /> in� B�rr���r'� breach �f any ��ven��t ar a�re�rr���� �n th�s ����rity� �n�trunn�nt��ut nt�t pr��r <br /> to ac��l�r�t��n unde�r ���c�ian 'I'� un���� App�ic�bt� Law pra�id�� �th�r�n��se}. Th� n��tic� �h��� <br /> sp�ci�:���the�efaul�;�b}th�a�ctir�r�r�q��r�d to cur��he def�u0�; ���a date, �r�t le���h�an 3�d��� <br /> from t�� �late the n�tic� is girren t� E�vrro�ver, b� �hich th� d��au�t must be cur�ci; and {d�that <br /> fa��lure���ur�the def��u�t�n �r b�f���th�dat�sp����fied ��tM���ti�e m�y re�ult i���c�lerat��an <br /> �f th���u���eGur�d by th���ecurity���trum�nt��d�ale of th��Pr�p��y.The n�ti���h�1[furth�r <br /> �nf�r�E�vrr���r of th�r��h�ta r�instat���ter acce��r�tian a���he���ht ta brin�a��u�act�r�n�� <br /> a�se�the n��-exi�tenc��f a defau�t or a��other d�fense���������r to accel�r�t�a� ar�d����. <br /> �f th�defau�� i� not cur�d on or b�f�r�th�date specified �n�h� noti��, Len��r�t�t� opti�� ��y <br /> r�q��r���m�d�at�pa��ment in full�f��l�ums s��ured by thi����uri�f nstrume��r�rNtha�t�ur�h�r <br /> dem��r�d��d may inv���th�p��►�r of��le and an�vth�r r�nn�����permit��d by��p��cab��L��, <br /> L�n����hal�b��nt�tled to c�lle�t a���x����e�ir�curre�i� p��r��in�the re�e����pr�wid��i�#h�� <br /> S���i�� ��, ��cluding, �ut not lir�ni��� ��, rea��r�����atk€�r�e��'f�es and �o�t� c��t�tle eo����n�e� <br /> If�h�e p�wer�f sa��i��nv�ked,T������shal�rec�rd�r��ti�e�f d�fault in e�ch��un� a�o�hi�h <br /> �n� par�s�f the IProp��y �s lacated ��e��hail ma�� c�pi�S af���h ��ti�e in t�� m�nn�r�pr���r���� <br /> ���pp��cabte La►nr t� Barro►��r�.nd ��the�th��p�rsans pr���r�b�d �y�4��p�i�a�l� La�.���r�he <br /> ��r��r�qu�red b�A�p�i��ble L���,Trustee�ha1l�ive public r�e�ti�e�f sale t�th�p�r�ons�r�d i�th� <br /> r��r���r��res�r����b��pp�i��b���L.a�v.Tru�t��,��th�ut d���r���r�Bor�rower�s�a�l s�ll����rc�p�r�y <br /> at pr����c aucti�r�t��h�highe�t bidld�r at�h���mEe and pl�����d under th�ternns d�si�n����d�n th� <br /> rn�ti��vf sa�e�n e�ne vr m�re p�rcels ar�d �� �n�ord�r��u�t��determ�nes.Trustee nna�� ���tpan� <br /> ���e of a���r�n�parcel of t��Prc�per�y�y public an�c���n�ement at th�tirr�e and place c�f an�y pr���- <br /> ��s�y sche�u�e��ale. Len��r��r its desi��e�may �urch�s�the F�rap�rt�at�ny s�l�o <br /> up�c��r���ipt�f p�yr�nen�c�f the pr��e b�d,Trust���h�al��el�ver t��h�purchas�r Tru����'s de�d <br /> �on��yin� th� �rap�rt�� °Th� r�cit��� ir� �h� Truste�'s �d�ed sh��l �� prima facie �rr���n�� ��th� <br /> truth �f��e statement� r���e there��. T'r�uste�sh��� appl� the �r����ds �f th�sale �n th�fc�����nr- <br /> ing or��r: ��� ta all �os�� �r�d expense� �f�xerci�i�g the �a��er of sa��, and th� sa�e, inc�ud��g <br /> �h� �aa�rr��nt af th�Tr�st��'�fee� actu�(1y ��curr��d ant� r�a������e��#orn�ys'f��s as perr�it��d <br /> by��plicabl� La�; ��}tfl atl sum���cured ���h�����urit�I�strum�nt; and �c�a���ex���s to th� <br /> pers�n �r persons fegally entitled to �t. <br /> If the Lend�r'� in�ere�t�n this S��urity l�str�umer�t�� h��d b�the�e�retar�a�d the���reta� <br /> re��i��� imm�da'�t� p��rment in #u�i un��r���t��r� 2�, th� S��r�etar� rr�ay ���ok� tMe n��jud�ci�[ <br /> p��er�f�ale pr��v�d�d �n the�ingle F�m�l� �or�gage F�r�e�lr�sur�►�ct�a���9��"Act"� �'I� 1�.�.�. <br /> 3?�� et�eq.} �y r�questing a forec�asure��r��nissioner design�te� ur��er�h��hct tv�ommenc� <br /> forecia�ure and t� ���1 the �roperty a� pr��ide+d in th���t. No�hing i� th� prec�ding s�n�en�e <br /> shal�d�pr��re the���retary of ar�y ri�hts��herw�se��rai����e to a Le�d�r���der thi�����i�n�A��r <br /> a�pplica�ale �a►�v. <br /> NEBR.A�K�—Single Family�-Fannie i�aelFr�dd��[��c UNIF�RI�t INSTRUII�ENT For�n 3����Il�'I <br /> Madified for FHA 91�0'�4 HUD Handbo�k��Qa.� fn�tials: � �'S� <br /> � � <br /> Ellie IVlae, Inc. Page '�� of 11 NEEFHA�5DE ���� <br /> NEEDEED�CLS} <br /> . <br /> � <br />
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