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ADDENDUM (Nebraska) HUD Project Number: 103 - 11017 Project Name: French Village 2 01. 3 939 • OMB Approval No. 2502 -0598 (Exp. 04/30/2014) The title of the Security Instrument is modified as follows: Multifamily Deed of Trust, Security Agreement, Assignment of Rents, and Fixture Filing (Nebraska). This Security Instrument shall be governed by and interpreted in accordance with the Nebraska Trust Deeds Act, Nebraska Revised Statutes Article 76, Sections 76 -1001 through 76 -1018, as amended, or any successor legislation. The following language amends and supplements the Security Instrument in order to conform to Nebraska law governing Deed of Trust transactions. 43. ACCELERATION: REMEDIES: The following language supplements and is hereby incorporated by Section 43 of the Multifamily Deed of Trust, Security Instrument, Assignment of Rents and Fixture Filing: The power of sale conferred in the Nebraska Trust Deeds Act upon the trustee shall not be exercised until: (1) The trustee or the attorney for the trustee shall first file for record in the office of the register of deeds of each county wherein the trust property or some part or parcel thereof is situated a notice of default identifying the trust deed by stating the name of the trustor named therein and giving the book and page or computer system reference where the same is recorded and a description of the trust property, containing a statement that a breach of an obligation for which the trust property was conveyed as security has occurred, and setting forth the nature of such breach and of his or her election to sell or cause to be sold such property to satisfy the obligation; (2) After the lapse of not less than one month the trustee or the attorney for the trustee shall give notice of sale as provided in section 76 -1007, or its successor legislation. (3) Borrower has the right to bring an action to assert the non - existence of an Event of Default or any other defense of Borrower to acceleration and sale. Lender shall be entitled to collect all costs and expenses incurred in pursuing such remedies, including attorneys' fees, costs of documentary evidence, abstracts and title reports. (4) Trustee may sell the Mortgaged Property at the time and place and under the terms designated in the notice of sale in one or more parcels and in such order as Trustee may determine. Trustee may postpone sale of all or any part of the Mortgaged Property by public announcement at the time and place of any previously scheduled sale. Lender or Lender's designee may purchase the Mortgaged Property at any sale. FRENCH VILLAGE HUD- 94000M -ADD Contingent Repayment Mortgage Security Instrument - Addendum