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Zolloo2s6 (ii� Be obligated ta pay interest under the Note at any time, whether acxrued befora nr after the payments by the Secretary, and whether or not accrued interest has been included �n the prindpal b�lance under the Note. (d) No Dut+y of the Sscrotary. The Secr�atary Mas no duly ta Lender ta eMor+ce oovenants nf the Second Security Instrument or �o take actbns to preserve the value ot the Property, even though Lender may be unable to callect amour�ts owed under fhe Note bec�use of restrictbns m th�s Paragraph 13. 14. �orbearanosby LenderNot a Walver. Any fi�rbe�ranoe by I�ender in exer�ing any right or remedy shall not be a waiver of orprec1ud� tha exerr,ise of a ng ht or remedy. 15. Su�essorsand Assign:�ound;J�int and Several�ia6ility.The covenants and agreements of this Security Instrument shall birni and benefit the su�snrs �nd assigns of Lender. Borrower may not assign any rights or obligatbns under tt�s Security (nstrtiment or under the Note, except to a tnist that meets �he requ�rements of ttro Secretary. Borrower's covenants and agreernents shall kxa joint and several. 16. Notiaes. Arry _ ratioa � Bomower pm�ided for in this 5ecurity instn�ment shail be given by delivering it art�y maiNng it by flrst dass mail untess applicable law requires use ot another method. 7he natice shalt ba directed to the Property Address ar arry other address all Barrowers �amtiy designate. My natice to Lender shall be givenby first cl�ss mail #o Lenders address ststed herein or any address Lender designates by r�oGce to F3orrower. Any nofice provkied for in this Security Instrument shall be deemed tp have been givsn to Borrower or Lender wt�n given as provided m this Par�a raph 1 B. 17. �overningLaw; Sevar�bility.This Securit� instrumerrt shall be �ovemed by Federal �aw and the law of the Jurisdlction in which the Properiy �s bcated. In the everrt that any prov�san or clause of this 5ecurity Instrument ar the Note conflicts with applicable law, such oanflict shall not affect other pro visbns of this Security Instrument ar the Nate whid� can be given affect without the conl�iciing pro vision. To this end the provisions of this Security Instrumer�t and the Note are declared to be sever�ble. 18. Borrows�'sCopy. Borrower shal� be given one �nformed a�py af the Note and this Security InstrumeM. NON-UNIFORM COVENANTS. 8omower and Lender aovenant and egree as �olbws: 19. Assignrnentaf Rents. Borrower unoonditionally assigns and transfers to Lender a{I the rer�ts and revenues of the Property. Bornow� autharizes Lender or (,.ender's agents to cotleat the rents and revenues and heraby directs each tenartt of the Property to p�y the r�er� to Lerider or Lende�'s agents. However, pnor to Lsnde�'s notice to Borrower ot Bormwe�'s bree�ch vf any covenarrt or a�reement in the Security Iristrument, Borrower shall nollect and receive ail rents and revenues nf the Property as trustae for the ber�efit of Lender ard Barrower. This ass�gnment of rents constitutes an absolute asaignment and not an ass�gnment for additbnal security only. If Lend� gives notice of br�ee�ch b Bornower: (a) all reMs received hy Borrower shall be held by Borrower �s tivstee for benefit of Lender only, to be applied to the sums secured by this Security Instrumen� (b) Lender �hall be entitled to colled and receive aU of the rents of the Property; arid (c) each tenant of the Prope�y shall pay ali rents due and unpaid to Lender or Lende�s agent on Lende�s written demand to - the tenant. Barmwer has not e�cecuted arry prior assignment of the reMs and has not arxl wili not perforrn any act that would preveM Landar irom axercising its rights under this Paragraph 19. Lender shaA nat be req�red to enter upon, take contral of or meintain the Property befaro or after giving . notice af bre�ch tn Bormwer. However, Lender or a'udicially appointed r+ec�iver ma do r+ec so at any t�me there is a breach. Any ap ication of rents sha not cure or waive any defau or invalidate any other nght ar remedX af ender. This ass(gnment of rents of the Property ahall terminate when the deqt secured by th�s Security Instrument is paid in full. 20. For�eclosursProcadurr.lf Lsndsrraquirsslmmsdiate payment irt full by Paragraph9, L.endar at Its optlon may roquire inunedlatie payrrient In full of all sums securrd by this Security Instrument withou� furH�er dema�nd end n�y invoke thepo wsr of ssle �nd any other remsdlespermitted by applicable law. Lender shall b� enti#led to coll�ct all sxpsnses incurnad In pursuing Ehe remedies provided In this Paragrsph2p� in�luding,but not limited to. reaconablpattomeys' �ees and costs of titte �videnc�. any�p a�of�Um Prop�sr�ty laca��and s�ll h ma�fl c�opi�esof not In ma�r u p n ro�sc�r n ibedby applicable law to Barrowsr and to the o#her paraons prescribed by applicabla law. After the time requiredby appltcablslaw Trus�ee shall glve publianotice of �ale to the personsand In the mannar prescrlbed by applicable'�aw. Rrst M�tcan Lcan Producuai Sarvioes ' Nebraslca HECM Securlty In�trurnent O 20Q8 Fir�t /Unerican Real Eatato Salutlons LLG FALPS # UBQ6 : OraIOB P � B NMFI �Btt07NE (4FNE) " . . � . . .. _ ,