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2� 1 ��8119 L�AN#: �4�4395851 �� M�rtgage N�t Insured. B�rrower a�ree� that if�� S�curity �nstrument and t�� Nate ar� no� de�erm�n�d to be e�ig�bl�for�nsur�nce u�d�r the Nationa� Hou�in�Ac�within 6D day�from th�dat� hereof, Lender ma�, at i��vption, requ�re immed�ate payment in ful�flf all sums se�ured by this��cu- ri�y Insfirument.A v�ri�ten ��a�emer��of any au�horized a��nt�f��Se�r��dat�d subsequ�n��a 5a days from�he da�e h�reof, declinin�ta insure t��s�ecur�ty�nstrument and the No��, �ha�l b�d�emed cancius�ve prnof�f such inelig�bility. N�twi�hst.an�in��he fa�egoing, �h�s op�i�n may not b�ex�rc��ed by Lender when the unavailabi�i�y af insur�nce �s sol�l}� due t� Lend�r'�failure to remit a martgage insurance premium to th�Secr��a�y. N�N�UNIF�RM ��VENANTS. Borr��ver and Lende�fur�her c�venant and agree as fallows: �3. Assignment of R�nt�. �orrower uncond�tionafly a�signs and #ran�fe�s�o Lende�all the rents and revenu�s of the Praperty. Borrow�r authori�es Lender or Lender's agen�s t� collect the rents and r�v�nues and �e��by directs each tenan�af�he P�operty�o pay th�rents��L�nder or Lend�r's ag�nts. Hawev�r, pri�r ta L�nder's natic��Barro�rer of Borr�wer's breach of any covenant v�agreemen��n the Se�u��ty l�s�rum�nt, Barr��ver sha��col�ect and receive alL ren�s and r�venu�s of th�Property as trustee for the benefit af Lender and �orro�er. This asstgnment �f rents constitutes an absolute assignment and not an ass�gnment for addit�anal �ecurit� onfy. �f Lend�r gives notic�of�reach ta Borro�v�r: �a�al!r�nts r�ceir�ed by Borrower sha�l be held by Bor- ru►,►ver as�rustee f�r benefit�f Lend�r anl�,tv be applied to th�sums s��ured by the 5ecur�'ty�ns�rum�n�; �b} Lender shali be�r�tif��d to cafle��and recei�e a��afth�r�nts af the Prvperty; and �c} each tenant of the Prvperty shall pay ai!ren�s due and Unpaid to Lende��r Lender's a��nt�n Lender's writ�en demand fio th�tenant. Borro�rer has not execu�ed any priar assi�nment of th� r�n�s and has n��and v�ri�l nat perf�rm an}� a�t�hat wvu�d prev�nt L�nder#��m exer�ising it�ri�h��under this Sectian �3. L�nd�r shall n�t be required �o en�er up�n, tak� contro� of ar maintain the Prop�rty befor� or aft�r givin� no�i�e of breach �� Bor�ower. Ha�eve�, Lend�r or a judic�ally appain�ed receiver may do so at an�y time the�e is a br�aGh.Any application of r�nts shall nat cure�r r�aive any�efault or inva��date any o�her righ�or reme�y of Lender.Th�s assignmenfi o�rer�ts af�he Property shali term�na�e�nrhen the d�bt s��ured �y the Secur�ty lns�ru�nen�is paid in full. �4. Acceleration;Remed�es.Lend�r shal�gi�e natice to Borrawer priort�accelerativn f�#IowR ing Borrow�r's breach of any �a��nant or agr�em�nt �n this �ecurity �nstrument �but not prior ta acce�eration under S�ctiar� 17 unl�ss Applica��e [�aw pr�v�d�s �therwise�s The nat�� shal! specify:�a�the default;�b�the�ction required t��ure the d�fautt;4c�a�ate,not less than 3�day� from th� date the notic� is girren ta Bc�rr�wer, by which the defauit must be cured; and �d�that fa��ure to cure the default on or before the dat�speci�ed in the notice may resu�t in a�ceteration of the sums secured �y th�s Security lnstrument and$al�of the Property.The notice shal�further infvrm BQrrvwer�f the right tQ re�nstate aft�r ac��l�rati�n and the right to hring a c�urt act�on ta assert th� non-e�i$ten�e af a default or any other defense�f Borrawer to acce�erati�n and sa�e. If the d�fault�s not cur�d on �r hefor�th�date spec��ed in the notice, Lender at its op#ion may requ�re immed�ate payment�n fufl of al�sums s�cured by this Security Instrument v+rithout further demand and may in�oke the�ower of saie and any other remed�es permitted by Appl�cab�e Law. Lender shalf�e entitled to collect al�ex�ense�in�urred in pur�uing the remedies pra�ided in this Section 24, �ncludin�, but nat�imit�d to, reasc�nable attvrneys'fees and costs af title e�idence. tf th�power of sale is�n�o�e�,Trus#ee shall record a n�tice�f defau�t in ea�h caunty ir�which an art of th�Pr�p�rty is tacated and sha�l mail copie�of such notic� in the manner prescri�ed YP b A licab�e Law to Borrower and to the other persons prescribed by Applicable Law.After the Y p� tim�requ�red �y Appiicabte Law,Trus�ee shail g��e puhfic notice Qf�ale t�the persons and in the manner pr�s�ribed by App�i�ab��Law.Trust�e,w�thou�demand�n Borr�wer,shall sel�the Proper� at ublic auction ta th�highest b�dder at�he t�me and plaG�and under the terms d�signated in the p no��ce af sale in flne c�r mare parGels and in any order Tru�tee determines.Trustee may postpone �ale of all or any parcel of the Property by pu�lic announcement at�he time and p�ace af any previ- ously�chedu�ed sale. Lender or its des�gne�may purchase the Proper�y at a�ny sale. l� on receipt of payment�f the price b�d�Truste�sh�all deliver t�the purchaserTru�tee's deed p can�e in the Property. Th�e rec�tals in the Trust�e's t�eed shall b� prima fac�e ev�denc� of the Y J truth �f the statements made therein. Trustee shall apply the pro�eeds af the saie in the fallow- �n order: �a�to all �vst� and expen�es of exercising th+� p�►�er�f sate� and the sal�, includ�n� � the a ment vf the Trust�e's fees actual�y �ncurr�d and reasonable att�srneys'fees as permitted � �- • his Secur� lnstrument•and c an excess to the by Appl�cabi�Law, ��t�all�ums secured b�t ty � � � ]1 person or per�ons legal�y�ntitled ta it. If the Lender's interest in th�s Secur�ty instrument is he�d by th�Se�retary and the Secretary re uires irnmediate payment in full under Section ��,the S�cr�tary may inr►�ks the n�n�udi��al � p ow�r vf sale pror►ided in the S�ng�e Fam�ly IVlortgag� Fore�lvsure Act of'�994�"Act"}�1� U.S,C. 3751 et seq.�b� r�questing a for�ciosure commi�sivner designated under the Act ta commence f�rec��sure and to sell th� Pro�erty as pro��de� in the Act. Noth�ng �n the preceding sentence shall de ri�e the Se�retary�f any r�ghts oth�rwise a�►ailable ta a L�nder under this Secti�n 24 or P appl�cable iaw. NEBRASKA-�Single Family—Fannie MaelFreddie�lac�NIF�RM 1NSTRUIVIENT Farm 3a�8�f181 � �� IUlodrfied for FHA 91z�14�HUD Hand�oak 4��.9} �r11tlalS. Ellie Mae,fnc. Page 14 of�� NEEFHAi 5�3E 09'l5 NEEDEED(CLS} �11�51�016 1�:55 PM PST R �