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2oioos9ol <br />Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to <br />Borrower. Hawever, Lender or a judicially appointed receiver may do so at any tirne thexe is a breach. Any application of rents <br />shall not cuxe or waive any default or invalidate any other right or remedy of Lender. 'This assignment of rents of the Froperty <br />shall terminate when the debt secuxed by the Security Insirument is paid in full. <br />18. Foreclosure Procedare. If Lender requires unrnediate payment in full undex Paragraph 9, Lender may invoke the power <br />of sale and any other remedies permitted by applicable law. I.ender shall be entitled tn collect all expenses incurred in pursuing <br />the remedies provided in this Paragraph 18, including, but not limited to, 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 which any part of tk►e Praperty is <br />located and shall mail copies of such notice in the manner prescribed by applicable law ta Borrawer and to the other persons <br />prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons <br />and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction <br />to the highest bidder at the tnne and place and under the terms designated ian the n.otice af sale in one or more parcels and in any <br />order Trustee determines. Trustee znay postpone sale of all or any parcel of the Property by public announcem�nt at the time <br />and place of any previously scheduled sale. Lender or its designee may purchase t1�e Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The <br />recitals in the Trustee's deed sha11 be prima facie evidence of the truth of the statements made therein. Trustee shall apply the <br />proceeds of the sale in the fallowing order: (a) to all costs an.d expenses of exercising the power of sale, and the sale, including <br />the payrnent of the Trustee's fees actually incurred, not to exceed .5000 % of the principal axzaoux�t of the note at the time of the <br />declaration of default, and reasonable attorneys' fees as pexmitted by law; (b) to all sums secured by this Security <br />Instrurnent; and (c) any excess to the person ar persons legally entitled to it. <br />If the Lender's interest in this 3ecurity Instxument is held by the Secretary az�d the Secretary requires unmediate payment <br />in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage <br />Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et se�c .) by requesting a foreclosure commissioner designated under the <br />Act to commence foreclosure and to sell the Properry as provided in the Act. Nothing in the preceding sentence shall deprive <br />the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. <br />19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender sha11 request Trustee to reconvey <br />the Property and shall surrender this Securiry Instrument and all notes evidencing debt secured by this Security Insuurnent to <br />Trustee. Trustee shall reconvey the Property without warranry and without charge to the person or persons legally entitled to it. <br />Such persan ar persons shall pay any recordation costs. <br />20. Substitute Trustee. Lender, at its option, may from tune to time remove Trustee and appoint a successor trustee ta any <br />Trustee appointed hereunder by an insirument recorded in th.e county in which tl�is Security Instrument is recorded. Without <br />conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein <br />and by applicable law. <br />21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which <br />is the Property Address. <br />ZZ. Riders to this Security Instrument. If one or rnore riders are executed by Barrower and recorded together with this <br />Security Instrument, the covenants of each such rider sha11 be incorporated into and shall amend and supplement tl�e covenants <br />and agreements of this Securiry Instrument as if the rider(s) were a part of this Security Instrument. <br />[Check applicable box(es)� <br />❑ Condominium Rider <br />❑ Planned Unit Development Rider <br />❑ Other(s) <br />[specify] <br />❑ Growing Equity Rider <br />❑ Graduated Payment Rider <br />GV2171-7 (b96) Page 7 of S <br />I IIII') IIIII IIIII III'I IIIII IIIII IIIII IIIII IIIII IIII� IIII II�IIII'AI �II�I� IIIII IIIII IIIII IIII IIII <br />1 1 0 1 2 8 4 6 3 3 G V 2 1 7 1 <br />FHA Nebraska Deed of Trust <br />!/' <br />� <br />