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201Q078i0 <br />giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at <br />any time there is a breach. Any applicatian of rents shall not cure or waive any default or invalidate <br />any other right or remedy of I�ender. this assignment of rents of the Property shall terminate when <br />the debt secured by this Security Instrument is paid in full. <br />20. Fareclosure Procedure. If Lender requires immediate paymant in full under Paragraph 9, <br />Lender at its option may require immediate payment in full of all sums secured by this <br />Security Instrument without further demand and may invoke the power of sale and any other <br />remedias pravided by applicable law. Lender shall be entitled to collect all axpanses incurred <br />in pursuing the remedies provided in this Paragraph 20, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in <br />which any part of the Property is located and shall mail copies of sucM notice In the manner <br />prescribed by Applicable Law to B�rrower and to the other persons prescribed by Applicable <br />Law. After the time required by Applicabls Law, Trustee shall give public natice of sale to the <br />persons and in the manner prescrtbed by Applicable Law. Trustee, without demand on <br />Borrower, shall sell the Praperty at public auctian to the highest bidder at the time and place <br />and under the terms designated in the natice of sale tn ane or more parcels and in any order <br />Trustea determines. Trustee may postpone sale of all or any parcel of the Proparty by public <br />annauncement at the time and plaae of any previously scheduled sale. L.ender or its <br />designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facle evidenee <br />of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in <br />the follawing order: (a) to all costs and expenses of exercising the power of sale, and the <br />sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' <br />fees as permitted by Applicable Law; (b) to all sums secured by this Seaurity Instrument; and <br />(c) any excess to the persan ar persans legally entitled to it. <br />21. Lien Priority. The full amount secured by this Security Instrument shall have the same priority over <br />any other liens an the Property as if the full amount had been disbursed on the date the initial <br />disbursement was made, regardless of the actual date of any disbursement. The amount secured <br />by this Security Instrument shall include all direct payments by Lender ta Borrower and all other loan <br />advances permitted by this Security Instrument for any purpose. This lien priority shall apply <br />notwithstanding any State constitution, law or regulation, except that this lien priority shall not affect <br />the priority of any liens for unpaid State or local governmental unit special assassments or taxes. <br />22. Adjustable Rate Feature. - NOT APPLICABLE <br />23. Reconveyance. Upon payment af all sums secured by this 5ecurity Instrument, Lender shall <br />request Trustee ta re-convey the Praperty and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty ta the person or persons legally entitled to it. 8uch person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, <br />but only if the fee is paid to a third party (such as the Trustee) for services rendered and the <br />charging of the fee is parmitted under Applicable Law. <br />III I IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII III III <br />q032257922600233�000000L <br />Mortgage Cadence, LLC � 0228 07/07 (S of 1D) Nebraska Deed of Trust HECM FIX�p RATE <br />