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202503376
<br />and/or rights under the Prope Y
<br />his Security
<br />Lender's interest in the Property iSecuring
<br />Instrument,
<br />purpose of protecting position in a bankruptcy proceeding. petering the
<br />icludes, including its secured to, p inspections of the PropertV,
<br />exterior and interior insp draining
<br />in locks, replacing or boarding up doors and windows,
<br />includes, but is not limited
<br />i s!te changing Lender is not
<br />watProer
<br />to make rep building or other code violations or dangerous conditions, and having
<br />water from pipes, eliminating Although Lender may take action under this Section 9,
<br />requiredu
<br />eies turned on andr s not uder any duty or obligation to do so. Lender will not be liable for not
<br />to do so I
<br />work
<br />taking any or alln actions Foreclosure;
<br />M under ngis Section 9. but is not obligated k
<br />Losses. If Borrower is in Default, Lender may (b) Avoiding Fvoedlfsure; potential losses,
<br />Lender may take reasonable actions to evaluate edit
<br />o
<br />with Borrower to avoid fry ApplicableoploLaw. e may
<br />p but not limited actions
<br />obtaining
<br />r
<br />do so er fr available
<br />required Itincluding,
<br />Borrower for reports,
<br />i s, titlel insurtance, toforeclosure,
<br />valuations,
<br />costs ee ents, with such loss
<br />valuations, subordination agreements, and third -party
<br />approvals.
<br />title reports,
<br />aid by Lender from Borrower as described below Ill
<br />mitigation
<br />io Borrower eizes and consents andtn these recoveredaerions. AnySection 9 willn
<br />mitigation activities may be p Applicable Law. Lender under this
<br />Section Additional
<br />unless prohibitedmonsecby eP amounts disbursed by
<br />this Security Instrument. These amounts may bear
<br />(c) additiona Amounts Secured. Any with such interest, , bar
<br />become at the
<br />debt of Borne dateer secureds by, upon
<br />interest at the Note rate from the of disbursement
<br />ent and will be payable, and the
<br />notice from Lender to Borrower requesting payment.
<br />lease. If Borrower acquires fee title to the Property, the leasehold
<br />(d) Leas
<br />with
<br />ehold Terms. If this Security Instrument is on a leasehold, Borrower willcomp
<br />all the provisionsilnot mergeof hun unless Lender agrees to the merger in writing.
<br />fee title will or occupied by a third party
<br />10. Assignment of Rents. Property is leased to, used by, Lender any Rents, regardless
<br />(a) Assignment r Rents. If the Prop yand transferring
<br />of to whom the Rents
<br />isr aaionally wassigning
<br />arepayable. Borrower authorizes LBo�pWe swill receihe eents, and agrees that
<br />the Rents until
<br />Bath s 11 pis Lender
<br />)
<br />each Tenant will pay the Rents to Lender. Hpursuant to Section 26, and (ii)
<br />noticeonder the given t that theeRents
<br />areoDefault p
<br />that Rents to be paid to Lender. This Section 10 constitutes an absolute
<br />to Tenantassignment for additional security only. all Rents by
<br />assignment and not oanf ult. gives notice of Default to Borrower: (i) to be applied receivedto the
<br />(ro er must be held by If rroder
<br />Borrower held Borrower as trustee for the benefit of Lender only,
<br />Security Instrument; (ii) Lender will be entitled to caolleecty all andts due andd receive lof u the
<br />Rents;
<br />;sd y the Se Y
<br />(iii)Borrowernnr'(iv)Borrower will ensure shah eacht Tenant
<br />t
<br />Rents;
<br />d
<br />sees to instruct each Tenant that Tenant is to p
<br />pays Lender upoRents
<br />dueetoes Lendertten demand to the ever action o if nof
<br />toApplicable Law provides otherwise, all Rents collected
<br />by Lendern the will be
<br />all Rents to and will take whatever is necessary
<br />paid
<br />applied L rst o the uostss to control of and managing the Property remiums on
<br />inci gist but notf costs of to, redng ' fees and costs, receiver's fees, p
<br />including,premiums, taxes, assessments, and other
<br />limited and aensonable attorneys this Security Instrument;
<br />receiver's bonds, repair maintenance costs,
<br />sums secured by
<br />and then to any
<br />charges on any udicerty, will be liable to account
<br />to my those
<br />se Rents on of and
<br />lly
<br />Lender, or judicially Lenderey will
<br />receiver,withoutf and
<br />many received; and ( )profits derived from the Property
<br />vli will be entitled to have a receiver appointed
<br />manage the Property and collect the Rentsas secuptY•
<br />showing as to the inadequacy of the Property
<br />NEBRASKA-
<br />Single Family - Fannie Mae/Freddie Mac UNIFORM
<br />INSTRUMENT Initials: ST page 10 of 21
<br />FORM 3028 7121
<br />Laser Forms Inc. #FNMA3o28MERS 7121
<br />1�
<br />I\l\l.
<br />111.49
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