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201109223 Lender shall not be required to enter upon, take control of or maintain the Property before or after givi��g notice of breach to Bor�•ower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any app(ication of rents shall not cure or waive any default or invalidate any other i•ight or remedy of I..,ender. This assignment of rents of the Properiy shall terminate when the debt secw�ed by this Security Instrument is paid in full. 20. Foreclosure Procedure. If Lender requires immediate payment in full under Paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incu�red in pursuing the remedies provided in this Paragraph 20, including, but not limited to,reasonable attorneys'fees and costs of title evidence. If the power of sale is invoked,Trustee shall record a notice of default in each county in which any�art of the Prop�rty is located and shall mail copies of such notice in the manmer prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by appincable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee,without demand on Borrower, shall se❑ the Property at public auction to the highest bidder at the time and place and undea-the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of�ny previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid,Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made thereun. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustees fees actually incurred and � reasonable attorneys' fees as permitted by applicable law; (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 iull amount secured by this SecuriYy 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 initiaf disbursement �vas made, regardless of the actual date ofi any disbursement. The amount secured by this Security Instrument shall include a(1 direct payments by Lender to Borr•ower and all other loan advances permitted by this Security Instrument for any purpose. This lien priority shall apply notwithstanding any State constitiution,law or regulation,except that this lien prioril:y shall not affect the priority of any liens For unpaid Stale or local governmental unit special assessments or taxes. 22. A,djustable Rate Feature. Under the Note, the initial stated interest rate of Three and 009/1000's percent (3.009%) which acerues on the unpaid principal balance (°[nitial Intei-est Rate") is subject to change, as described below. When the interest rate chai�ges, the new adjusted interest rate will be a�plied to the total autstanding principal balance. Each adjustment to the interest rate will be based upon the One-Month London lnterbank Offered Rate(°LIBOR")as made available in the"Money Rates" section of the Wall Street.Tournal("Index")plus a margin.. If the Index is no longer available, Lender will be required to use any indes prescribed by the Depart�nent of Housing and Urban Development. The new index will have a historical movement substantially similar to the original index, and the new index and�nargin will result in an annual percentage rate that is substantially similar to the rate in etfect at the time the origina! index becomes unavailable. Lender will perform the calculations described below to determine the new adjusted interest rate. The interest rate may change on the first day of MARCH 1,2012,and on_ that day of each succeeding year, X the tirst day of each succeeding month('Change Date")uniil the loan is repaid in fulL The value of the Index will be determined, using the most recent Index figure available thirty (30) days before the Nebraska 1�"Secu�•ity Insb•zrntent �O Bay Docs,Inc.06/10 Page 7