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2o�i0003s <br />20. Foreclosure Procedure. If Lender requires immediate payment in full under Paragraph 9, <br />Lender at its option may requlre immediate payment in full of all sums secured by this <br />Security Instrument without further demand and may lnvoke the power of sale and any other <br />remedies permitted by appllcable law. Lender shall be entitled to collect all expenses <br />incurred in pursuing the remedies provided in this Paragraph 20, including, but not limited <br />to, reasonable attarneys' fees and costs of title evidence. <br />If the power of sale is Invoked, Trustee shall recard a notice of default in each county in <br />which any part of the Property is located and shall mail copies of such notice in the manner <br />prescribed by Applicable l,aw to Borrower and to the other persons prescribed by <br />Applicable Law. After the time required by Applicable Law, Trustee shall give public natice <br />of sale to the persans and in the manner prescribed by Applicable Law. Trustee, without <br />demand on Borrower, shall sell the Property at public auction to the highest bidder at the <br />time and place and under the terms designated in the noti�e of sa1Q in one or more parcels <br />and in any order 'Trustee determines. 7rustee may postpone sale of all or any parcel of the <br />Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase tMe Property at any sale. <br />Upon receipt of payment of the price bid, Trustse shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facie <br />evidence of the truth of the statements made therein. Trustee shall apply ths proceeds of the <br />sale in the fallowing order: (a) to all costs and expenses of exercising the power of sale, <br />and the sale, including the payment of the Trustee's fees actually incurred and reasonable <br />attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security <br />Instrument; and (c) any excess ta the person or persons legally entitled ta it. <br />21. Lien Priority. The full amount secured by this Security Instrument shall have lien priority <br />subordinate only to the full amount secured by the First Security Instrument. <br />22. Adjustable Rate Feature. - NOT APPLIGABL� <br />23. Recanveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to re-convey the Property 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 to the person or persons legally entitled to it. Such 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 permitted under Applicable Law. <br />24. Substitute Trustee. l.ender, at its option, may from time to time remove Trustee and appoint a <br />successar trustee ta any Trustee appointed hereunder by an instrument recorded in the county in <br />which this Security Instrument is recorded. Without conveyance of the Property, the successor <br />trustee shall succeed tp all the title, power and duties conferred upon Trustee herein and by <br />Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Bprrower's address which is the Property Address. <br />III IIIIIIIIIIIIIIIIII�IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII I) �II <br />q03225792Zb011720000000w <br />Mortgage CadenCe, LLC � 0279 (07/07) (8 of 9) Nebraska Second Deed af Trust - HECM FIXED RATE <br />