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20110239� <br />1111057672 <br />Lender's agent on Lender's written demand to the tenant. <br />Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would <br />prevent Lender from exercising its rights under this Paragraph 17. <br />Lender shaU not be required to enter upon, take control of or maintain the Property before or after giving notice of <br />breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any <br />application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of <br />rents of the Property shall terminate when Yhe debt secured by the Security Instrument is paid in full. <br />18. Foreclosure Procedure. If Lender requires immediate payment in full under Paragraph 9, Lender may foreclose <br />this Security Instrument by judicial proceeding. Lender shall be entitled to collect all expenses incurred in pursuing the <br />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 the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other <br />persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the <br />persons and in the manner prescribed by applicable Iaw. Trustee, without demand on 8orrower, shall sell the Property at public <br />auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels <br />and in any order Trustee determines. Trustee may postpone sale of all or any parcel of this Property by public announcement at <br />the time an place of any previously scheduled sale. Lender or its 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 deed conveying the Property. <br />The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein, Trustee shall apply <br />the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, <br />including the payment of the Trustee's fees actually incurred, not to exceed .5 % of the principal amount of the note at the time <br />of the declaration of default, and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the persons legally entitlec! to it. <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary required immediate <br />payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family <br />Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C, 3751 et seq.) by requesting a foreclosure commissioner designated under <br />the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall <br />deprive 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 shall request Trustee to <br />reconvey the Property and shatl surrender this Security Instrument and alI notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein 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 <br />which is the Property Address. <br />22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the <br />covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. <br />FHA Nebraska Deed OF Trust - 07/08 <br />�i> 391.6 Page 6 of 7 <br />