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����V���� <br />receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of <br />rents constitutes an absolute assignment and not an assignment for additional security only. <br />If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as <br />trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be <br />entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents <br />due and unpaid to Lender or 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 pazagraph 17. <br />Lender shall not be tequired to enter upon, take control of or maintain the Property before or after giving notice <br />of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. <br />Any applicarion of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This <br />assignment of rents of the Property shall terminate when the 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 <br />invoke the power of sale and any ot6er remedies permitted by applicable law. Lender shall be entiUed to collect <br />all eapenses incurred in pursuing the remedies provided in this paragraph 18, 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 which any part of <br />the Property is located and shall mail copies of such notice in the manner prescrlbed by applicable law to <br />Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, <br />Trustec, shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, <br />without demand on Borrower, shall sell the Property at public auction to t6e hig6est bidder at the time and <br />place and under t6e terms designated in t6e notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />and 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 purehaser Trustee's deed conveying <br />t6e Property. The recitals in the Trustee's deed shail be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses <br />of eaercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasouabl6 a�d�0eys' fees as permitted by applicable law; (b) to all sums secured by t6is Security Instrument; <br />and (c) any excess to the person or persons legally entitled to it <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires <br />immediate payment in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided <br />in the Single Family Mortgage Foreclosure Act of 1994 ("Act'� (12 U.S.C. 3751 et sea.) by requesting a <br />foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided <br />in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights othenvise available to <br />a Leader under this paragraph 18 or applicable law. <br />19. Reconveyance. Upon payment of all sums securedby Uris Security Instrument, Lender shall request Trustee <br />to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Inshvment to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally <br />enritled to it. Such person or persons shall pay any recordation costs. Lender may chazge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered <br />and the charging of the fee is permitted under applicable law. <br />20. Substitute Trustee. Lender, at its option, may from time to tune remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which tiris Security Instrwnent <br />is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and dufies <br />conferred upon Trustee herein and by applicable law. <br />21. Request for NoHces. Borrower requests that copies of the notice of default and sale be sent to Borrower's <br />address which is the Propetty address. <br />22. Riders to tltis Security Instrument. If one or more riders are executed by Bonower and recorded together <br />with this Security Instrument, the covenants of each such rider sha11 be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. <br />[Check applicable box(es)] <br />� Condominium Rider <br />� Planned Unit Development Ridec <br />� Non-Owner Occupancy Rider <br />FHA NEBR4SKA D� OF TRUST - MQtS <br />NmOTZ.FHA 11/07/08 <br />� Graduated Payment Rider <br />� Adjustable Rate Rider <br />� Other [Specify] <br />Page 5 of 7 <br />� Crrowing Equity Rider <br />� Rehabilitation Loan Rider <br />DoeMplc �17no0e4 <br />www.docmagic.com <br />II I II ( III I II I I I I' ( IIII I I I) I( II I II II I I I I II I I I I IIIIIII III <br />