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�o�ios294 NOPI-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows: 17. Asaignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower a�rthorizes Lender or Lendet's agents to collect the rents and revenues and hereby direcfs each tenant of the Properiy to pay the reats to Lender or Lender's agents. However, ptior to Lender's aotice w Borrower of Borrower' s breach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Properly as trostee for the benefit of Lender and Boaower. This assignment of rents consfitutes an absolute assignment and not an assignment for addiflonal security only. If Lender gives noflce of breach to Bonower: (a) a11 rents received by Bonower sha11 be held by Borrower as trustee for beaefit of Lender only, to be applied to the s�s secured by the Security Instcwnen� (b) Lender shall be eaflfled to collect and receive all of the rents of the Property; and (c) each tenant of the Properry shall pay all rents due and w�paid to Lender or Lender's agent on Lender's written demand to the tenant Bonower hav not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights imdet thia paragraph 17. Lender shall not be required w enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially apFminted receiver may do so at any time thete is a breach. fwy application of rentg sl�all not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt se,cured by the Security Instr�ment is paid in full. 1& Forecloeare Procedm�e. If Lender requires immediate payment in faIl nnder paragiaph 9, Lender may invoke t6e power of eale and any other remedi� pe:mitted by appHcable law. Lender shall be entltled to coIl�t ell eapenses incnrred in purs�dng the remedi� provlded in this paragraph 18, inclading, bnt not limited to, reasonable attorneys' fees and costa of title evidence. If the power of sale is ffivokcvi, 1Yastee shall record a nol3ce of defanit in each coanty in which any part of the Properiy is located and shaIl ma� cop9es of sach no�ice in the manner prescrlbed by applicable law to Borrower and to the other persons prescdbed by appHcable law. After the tlme reqmlred by appllcable law, Trostee, aLall gtve pnbllc no�ice of sale to the persons and in the manner pr�crlbed by applicable law. 1'rastee, without demand on Borrower, shaIl seIl the Property at pablfc aaction to the high�t bidder at the tlme and place and nnder the terms deaignated in the notice of sale in one or more parcels and in any order Trast� determines. Trostee may poatpone sale of all or any parcel of the Property by pnblic annoancement at the time and place of any previously schaialed sale. Lender or its designee may purchase the Property at aay sale. Upon receipt of payment of t6e prlce bid, Trustee shaD deliver to the purcLaser Trastee's deerl conveying the Property. The recitals in the Trustee's deed ehall be prlma facie evldence of the trath of the atatementa made therein. Trusta ahell apply t6e proceeds of t6e sale in the foIIowing order: (s) to all costs and espens�s of eaercising the power of salc, and the sale, inclnding t6e payment of t6e Trastee's f� actaally incnrred and reasonable attorneys' fees as permitted by applicable law; (b) to all sams secured by this Secarlty Inslramen� and (c) any eacess to the pereon or persons legally entitled to it If the Lender's 9aterest in tLia Securlty Inetrument is 6eld by the Secretary and the Secretary reqairea immediate payment in fall nnder parsgraph 9, the Secretary may invoke the nonjndicial power of sale provlded m tl►e Single Fam�y Mortgage For�losare Act of 1994 ("AcN� (12 U.S.C. 3751 et�se .) by reqnesdng a forecl�nre commissioner designated nnder the Act to commence foreclosare and to seIl the Property as provlded in the Acw NotLing in the preceding sentence shaIl deprlve the Serretary of any rlghtc otherwlse available to a Lender nnder t6is paragaph 18 or appflcable law. 19. Reconveyance. Upon payment of all sums securedby this Security Insirument, Lender shall request Trustee to reconvey the Ptoperty and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Tntstee. Tn�sttee sball reconvey the Propetty without warranty to the person or persons legally enfltled to it. Such petson or persons shall pay any recotdaYion costs. Lender may charge such person or persons a fee for reconveying the Properiy, but only if the fee is paid w a third parly (such as the Trustee) for services rendered and the charging of the fce is permitted imder applicable ]aw. Z0. Snbsdtute Trastee. Lender, a1 it� option, may from time to time remove Tn�stee and appoint a successor lrustee to any Trusttee appointed hereunder by an instrument recorded in the coimty in wlrich this Security Inshwnent is recorded Without conveyance of the Property, the successor trustee shall succeed to all the tiUe, power and duries confetred upon Trustee herein and by applicable law. 21. Reqnest for Notices. Botrower requests that copi� of the notice of default and sale be aent to Borrower's addre.ss which is the Property address. 22. liiders to this Secarlty Instrument If one or more riders are executed by Borrower and recorded together with this Security Instnmment, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a patt af tUis Security Instrument [Check applicable box(es)] � Condominium Rider � Gradualed Payment Rider � Growing F,yuity Rider ❑ Planned Unit Development Rider � Adjustable Rate Rider � Rehabilitation Loan Rider � Non-Owaer Occupancy Rider � Other ISP�fYI FHA N�RASKA D� OF TRUST - MERS NmOTZ.FHA 05/23/11 Page 5 of 7 w� �I�IWI�II��II�II�I��IIII�IIII�I�