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201700957
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Last modified
7/28/2017 2:01:49 PM
Creation date
2/13/2017 11:44:03 AM
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DEEDS
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201700957
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2� 17��957 <br /> �oAN#: H���s�ss390 <br /> (e} Mvrtgage Nat Insured, Bor�-ow�r agrees�hat if this 5e�urity instn.�men�and the Nate are nvt <br /> determined to be e�igible fvr insuranc�under the Na�ionaC Hvusing Act wi�hin 5Q days from the da�e <br /> herevf,Lend�r may,a�i�s vption,require immed�ate payment�n full of all sums secur�d by this SecuW <br /> ri�y Ins#rument.A w�tten sta�ement af any authv�zed agen�af the Secretary da�ed su�sequen�to Ga <br /> days fro€n the date hereof,declining t��nsure this Secu�#y Instn.imen�and�he Nate,shaIl be deemed <br /> cvnclus�ve proof��such ineligibility.1Vatw�thstanding the faregoing,this aption rnay not be exerc�s�d <br /> by Lender when the una�aiiabi�i�y of insurance is s�le�y due tv Lender's�aifure to remit a mortgage <br /> insuranc�premium to the 5ecre�ary. <br /> NDN-UNIF�RM CnVENANTS.BvRvwer and Lender further covenant and agree as fa�ivws: <br /> 23. Assignmen�vf R�nts.Borrvwer un�flndi�ionally assigns and transfers�v Lender alI�h�rents <br /> and�e�enues❑f the Property.B�rrower authvri�es Lender or Lende�-'s agents#o callec#the ren#s and <br /> re�enues and hereby directs�ach tenant of the Property t❑pay the rents�o Lender or Lende�'s ag�nts. <br /> Hv►nre�er,prior ta Lender's nvti�e to Borrower of Bvrrvwer's b�-each o�any co�enan�vr agreemen�in#he <br /> Securi�y ins�rum�n�,Bvrrvwer shall co�lect and receive al�rents�nd re�enues of�he Property as trustee <br /> �vr the laenefit afi Lender and Bo��aw�r.This assignmen�of re��s constitutes an abs��ute assignmen� <br /> and no�an ass�gnment fflr addi#iona�se�urity onl�. <br /> If Lende�-gi��s nvtice of breach�v Svrrvwer:�a�ail r�n�s recei�ed by Borrower shall be�e�d by Bor- <br /> rawe�as trus��e€vr beneft af Lender�nly,tv be app��ed�o�he sums s�cured by the Securi#�1�nstr�m�nt; <br /> �b}Lender shaii be enti�led�o cv�l�ct and receiv�a�l vf the€�en�s a�#he F'roper-�y;and�c}each tenant of <br /> fhe Pr�operty shaE�p�y a�i rents due an��anpai�tv Lertder or L�nder's agen�vn Lender's wri�ten d�mand <br /> to the tenant. <br /> Bvr�vwer has no�execu�ed any prior assignmen�of the ren�s and has no�and wi�I�o#perfarm any <br /> ac��hat wou�d pr��ren#Lend��€ram ex�rcising its rights under this Sec�ian Z3. <br /> Lender shai!nv�be required to en�er upon,�ake cantr�o!o�or main�a�n�he Property before ar a#�er <br /> giving no�ice Qf breach to Borrvwer. However, Lender or a judicial�y appointed�ecei�er may dv so at <br />- any�ime there is a breach.Any app�ica�ivr�vf rents shal�nvt cur�o�waive any de�auf�ar in�ai�date any <br /> v�her r�gh�v�r�medy o€Lender.This assignmen�vf ren�s v�the P�op�rty sha��te�mina�e when�he deb� <br /> secured by the Security Instnamen��s pa�d in fc�Il. <br /> 24. Acceleration;�emed"aes.L.end�r shal�gi�e n���ce to Bo�rowe�r�r�or�o acce�eratior�fal�vv�- <br /> ing Bvrrower's b�each v�any cvvenant vr ac�re�men�en�his 5ecurd�y��st�-um�nt�bu�nat p��c�r <br /> ta acc�lerai�ian under Se�tivn'�7 un��ss Appiic�b�e �.aw prc���de�a�h��wis�}.The not6�e sF�al� <br /> specify;�a}the de�au�t;(b}the ac����r�qe��r�d to Guc���h�defau6t;�c��date,n�a�iess than 3[�days <br /> fram the da���h�not�ce�s��ven�o�orr��nr�r,�y which tlhe d���u��r�us��e�urec�;an�4�}tha� <br /> fa�lur�t�cure�he d�f�u�t on os��efflre#h�da�e�p�c�fed�n�h�n��i�e�ay re�u�t i�accele�a�i�r� <br /> v��h�sums secured�ay�i�is SeGu�ri�y 6ns��u�er�t and s��e of�he Praper�rj.Th�no�ic�sha���urth�� <br /> infar��3�rr�►�re��a��h�e���ht ta�-e�ns���a�ter��ceiera�ion and t��r�ght tv bri�g a cvur�ac�6an�o <br /> asser�the non-�xister�ce of a��fau��vr any��her defense o�f Bva�rvwe�-t�accelerat�an and sale. <br /> �f th�d�fault is��t cured on or be�ore��e date spe�ified in the notice�Lender at�ts option may <br /> require�anra�ec�iate payment in fuli vf all�umfs secu�ed by this 5ecu�ity�n�trum�nt v+r�thvu��urther <br /> der�and and may inv�ke the pawer v�sa�e and any v�he�remedies permi�ted by Applicahle Law. <br />. Lend��r sha�l b�entit�ed�o cvilect a�l expenses incurred��pursuing�he��rn�dies pror►ided in�his <br /> S�ct�on 24,including,but nvt l�mited to,��asanable att�rneys'fees and costs vf title e�idence. <br /> I€the paw�r vf sal��s inWoked,Trustee shail�ecord a notice a�defau�t in�ach county in wh�ch <br /> any part a�the Prvperty is�ocated and shall ma�l cvpies of such notice in the manne�prescribed <br /> by Applica�l�Law�o Barrower and ta�he ather persons prescr�bed by App�icable Law.After the <br /> ��me required by Appl��a�ai�Lawp Tr�s��e shal�give puhlic n�tice of s�le tv the persons and in the <br /> manner prescri�ed hy Applicab�e Lavu.T�-ustee,vu�thaut di�mand on Bo�orrver,sha�l se���he Prap�rty <br /> at puh�ic auctivn to the highes�bidder a�the time an�!place a�ad�u�de�-���te�rr�s c�esig�ated��th� <br /> nati�e af sale in or�e�r more parc��s a�d�n any�rd��Ta�uste�d����r�enes.T�st��m�y pc�stpor�e <br /> sale v#all or any pa�rc�i of the i�rvperty by pub�i��nnoun�ement�t th�t�me a�d p���e v�any pr�►�i- <br /> ously schedu�ed�a��.�ender�r i��c�es�gr�ee r�ay pu�-c��s��I�e P�vperty at�ray sa�e. <br /> Upon receip�of payment of the p��ce ha�,T�ustee sh�li de��Wer��the purchaser Trus�ee's deec� <br /> �vnWey�ng th�Prvper�y.The reci��ls in�he�rustee's�eed�hati �e p�-ima facie�vid�nc��f�h� <br /> �ruth nf�he s�atements mac�e there��.Tru�tee sha��ap�ly t��p��c�eds o�th�sa�e���he gc�l[��- <br /> ��g�rde�: �a}to ali cvsts and exp�r�ses��'�xerca�i�g the pv�rer��'sale,a€��th��sal�, �ncludi�g <br /> ��e paym�nt��the T�us�ee's�'ees a���€���y inc�s�red a�d reaso�a���attc��n�y�'�ees as p��mi��e� <br /> �y�PPl��a���Law;(�;�a a��saams s�e�u�ec�b�t�is�e��ri�y��s�ru�n��t;and(�}any excess�e��he <br /> person v�persons I�gal�y er��ti��edl����. <br /> I��he Lender's ir�terest���h�s Secu�����n��ru�ent is hei�by��e��cre���y��d��e�ecre�ary <br /> requi�es immedi��e p��en�r��in�u��u����Sec�i���2,�h��e���ta�-y r�ay�r�►��ke th����j�d�c�ai <br /> pvwer of sa�e pr�r►�c�ec�in�he Sing�e��m�ey�artg��e����cie�sure�ct�f�99�4�`.Act"��'���,�.�. <br /> 31��e�seq.}by�equesting a forecsv���-e ca�n�issir�n�r��sign���d[�nder the Ac�tv�vmm�r��� <br /> foreclosure an��o set�the Prop�r�y�s p�vv��ed�n�he R�t. �l��h�r�g in�he pre�ed�ng s���en�e <br /> shalt depr�ve th�Sec�eta�y r����y�i�h����h�:�is�ava�lab�e t�a L�nder���er�h�s 5�c���r��4 0� <br /> appticab6�iaw. <br /> NEBRASKA-�5ingle Family-Fann�e MaelFreddie[Il�ac�NIF�RM iNSTR�N�ENT Fvrm 3�28'IlI]7 _� ° <br /> Madi�ed�vr FHA 912�14[HUQ Handb�❑k 40�0.�) Ini�lal5: � <br /> Eiiie Mae,inc. Page 1�of�1 N EEFHA�5L7E os�� <br /> NEE�EED(CLS� <br /> 1 a�zsr�o�s o7:32 AM PST <br />
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