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202103876
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5/10/2021 11:47:26 AM
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5/10/2021 11:43:17 AM
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202103876
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202103S78 <br />of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in <br />the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, <br />including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees <br />as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) <br />any excess to the person or persons legally entitled to it. <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary <br />requires immediate payment in full under the Paragraph 7 of the Subordinate Note, the <br />Secretary may invoke the non -judicial power of sale provided in the Single Family Mortgage <br />Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a foreclosure <br />commissioner designated under the Act to commence foreclosure and to sell the Property as <br />provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any <br />rights otherwise available to a Lender under this paragraph or applicable law. <br />9. BORROWER'S RIGHT TO REINSTATE. Borrower has a right to be reinstated if Lender <br />has required immediate payment in full because of Borrower's failure to keep any promise or <br />agreement made in this Security Instrument, including the promise to pay, when due, the <br />amounts due under the Note and this Security Instrument. This right applies even after <br />foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower shall <br />tender in a lump sum all amounts required to bring Borrower's account current including, to <br />the extent they are obligations of Borrower under this Security Instrument, foreclosure costs <br />and reasonable and customary attorneys' fees and expenses properly associated with the <br />foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and the <br />obligations that it secures shall remain in effect as if the Lender had not required immediate <br />payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has <br />accepted reinstatement after the commencement of foreclosure proceedings within two <br />years immediately preceding the commencement of a current foreclosure proceeding, (11) <br />reinstatement will preclude foreclosure on different grounds in the future, or (iii) <br />reinstatement will adversely affect the priority of the lien created by this Security Instrument. <br />10. RECONVEYANCE. Upon payment of all sums secured by this Security Instrument, <br />Lender shall request Trustee to reconvey the Property and shall surrender this Security <br />Instrument and all notes evidencing indebtedness secured by this Security Instrument to <br />Trustee. Trustee shall reconvey the Property without warranty and to the person or persons <br />legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. <br />11. SUBSTITUTE TRUSTEE. Lender may, from time to time in Lender's discretion remove <br />Trustee and appoint a successor trustee to any Trustee appointed hereunder. Without <br />FHA COvIIG-U Partial Clain) <br />NEBRASKA - SUBORDINATE DEED OF TRUST HUD INSTRUMENT <br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII III IIIIIIInIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIII IIIIIIIIIIIIIIIII IIIIIIIIIII <br />OrderlD-39441.51 <br />Page 5 C3_25267_698255 <br />016907-00027918-0 [PAG.I5601 [DOC 39 54/84 18,13084448) fH .1._ 0) <br />
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