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2 01405505 to a third party or Borrowers' grant of an oil, gas, or other mineral lease to a third party. 12. Mineral Interests: Borrower hereby transfers, assigns and conveys to Lender all bonuses, royalties, delay rentals, rents, shut -in gas or oil well royalties and all other benefits that may from time to time become due and payable to Borrowers, or their assigns, under any oil, gas, or other mineral lease of any kind now existing or that may hereafter be effective on the Property or any part thereof secured hereby. Borrowers, however, shall have the right to collect and retain any such bonuses royalties, delay rentals, shut -in gas or oil royalties, and all other benefits that may from time to time become due and payable to Borrower prior to acceleration by Lender of such balance due as provided herein or on Borrower's abandonment of the Property. All sums Lender receives under this collateral assignment of mineral interests shall be applied, first, to reimburse Lender for any sums advanced by Lender for protection of the Property, second, to accrued interest, and the balance to principal remaining unpaid. Any application of principal shall not delay the due date of any subsequent installment that should become due under this DOT or the Note secured hereby. On payment in full of the DOT debt and reconveyance of record to Borrowers or their successors, this collateral assignment shall become inoperative and of no further force or effect. 13. Condemnation: The proceeds of any condemnation award are hereby assigned and shall be paid to lender, and shall be applied to the sums secured by this DOT whether or not then due, with any excess paid to Borrower. 14. Notices: Notices, when any may be required in this DOT, shall be: To each of the Trustor or Trustee or Beneficiary, at the addresses which are set forth on the first page. That is, unless a different address has been provided, however any other address shall be not effective unless the same appears of record as an amendment to this DOT. 15. Nebraska Law Governs: This DOT and the Note which it secures shall be governed by Nebraska Law. 16. Assignment of Rents: As additional security, Trustor hereby assigns to Beneficiary the rents of the Property, provided that Trustor shall, prior to acceleration hereunder or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. On acceleration as provided hereunder or Trustor's abandonment of the Property, Beneficiary, in person or by agent or by a judicially appointed receiver, shall be entitled to enter upon, take possession of manage the Property and collect the rents and products of the Property. All rents and products collected by Beneficiary or the receiver shall be applied first to payment of costs of managing the Property and collection of rents and products, including, but not limited to, receiver's fees, premiums on receiver's and applicant's bonds, and, if allowed by law, reasonable attorney fees, and then to sums secured by this DOT. 4