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4U± 'J 00 9. Any notice to BORROWER provided for in this security instrument shall be given by delivering it or by mailing it by first class mail unless Nebraska Law requires use of another method, at the BORROWER'S last known address. 10. This security instrument and the note that it secures shall be governed by Nebraska law. 11. LENDER shall give notice of default to BORROWER following BORROWER'S breach of any covenant or agreement in this security agreement and the note that it secures. The notice of default shall specify: (a) the default, (b) the action requir.:.i to cure the default; (c) a date not less than two months from the date the notice is given to BORROWER by which the default must be cured; (d) a statement of the entire principal sum secured by this deed of trust, the amount of interest accrued thereon to and including the date the notice of default was filed of record, and the dollar amount of the per diem interest accruing under this deed of trust; (e) a statement of the amount of the unpaid principal which would not be due had no default occurred; and (f) that the failure to cure the default on or before the date specified in the notice may result in acceleration of the sum secured by this security agreement and sale of the property. The notice shall further inform BORROWER of the right to reinstate, after acceleration, of a default or any other defense of BORROWER to acceleration and sale. If default is not cured, on or before the date specified in the notice, LENDER, at its option, may require immediate payment in full of all sums secured by this security agreement without further demand and may invoke the power of sale and any other remedies permitted by Nebraska law. LENDER shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph, including but not limited to a reasonable attorney fee, to the extent allowed by law, and costs of title evidence. 12. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the property is located and shall mail copies of such notice in the manner prescribed by Nebraska law. Trustee shall give public notice of sale to the persons and in the manner prescribed by Nebraska law, without demand on BORROWER, shall sell the property at public auction to the highest bidder 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 postpone sale of all or any parcel of the property by public announcement at the time and place of any 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 therein. Trustee shall apply the proceeds of sale in the following order: (a) to all expenses of the sale including, but not limited to, Trustee's fee as permitted by Nebraska law, and reasonable attorney fees; (b) to all sums secured by this security agreement; and (c) any excess to the person or persons legally entitled to it. 13. Upon acceleration under Paragraph 11 or abandonment of the property, LENDER (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the property and to collect the rents of the property, including those past due. Any rents collected by LENDER or the receiver shall be applied first to payment of the costs of management of the property and collection of rents including, but not limited to, receiver's fees, to the extent allowed by law, and then to the sums secured by this security instrument. 14. Upon payment of all sums as herein provided, LENDER shall direct Trustee to reconvey the property and shall surrender this security instrument and the note secured. Trustee shall reconvey the property without warrant and without charge to the persons legally entitled to it. 15. LENDER, at its option, may from, time to time remove Trustee and appoint a successor Trustee by an instrument recorded in the county ixi which this security instrument is recorded. Without conveyance of the property, the successor Trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Nebraska law. 16. BORROWER requests that copies of all notices of default and any notice of sale provided herein be sent to BORROWER'S address which is: 429 Industrial Lane, Grand Island, NE 68803 above. IN WITNESS WHEREOF, BORROWER has signed this Deed of Trust on the date set forth