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201103270 Trustee, without demand on Borrower, shall sell the Propertyat publicauction to the highestbidder at the time and place and under the terms designated in the notice of sale in one or more parcels and In any order Trustee determines. Trustee may postponesale of all or any parcel of the Property by public announcementat the time and place of any previously scheduled safe. lender or its designee may purchasethe Property at any sale. Upon receipt of payment of the prise bid, Trustee shall deliver to the purchaserTrustee's deed canveyingthe Property. The r+ecitaIs In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the hollowing order. (a) to all costs and expenses of exercising the power of sale, and the sale, Includingthe payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by applicablelaw; (b) to all sums secured by this Security Instrument, and (c) any excess to the person or persons legally entitled to it. 21. Lien Priority. The full amount secured by this Security Instrument shall have the same priority over any other liens on the Property as if the full amount had been disbursed on the date the initial disbursement was made, regardless of the actual date of any disbursement. The !amount secured by this Security Instrument shall include all direct payments by Lender to Borrower and all other loan advances permitted by this Security Instrument for any purpose. This lien priority shall apply notwithstanding any State constitution, law or regulation, except that this lien priority shall not affect the priority of any liens for unpaid State or local governmental unit special assessments or taxes. 22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under applicable law. 23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which the Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law. 24. Requestfor Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 25. Ridersto this Security instrument. if one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Secu rity Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es).] ❑ Condominium Rider 0 Planned Unit Development Rider ❑ Other (Specify (Acknowledgments on following page) First American Loan Production Services Nebraska HECM Security Instrument 0 2008 First American Real Estate Solutions LLC FALPS # UBO6 : 05/08 Page 7 NMFL #8807NE (QFNE)