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declare all sums secured hereby immediately due and payable. <br />20 1607743 <br />3. The proceeds of an condemnation award are hereby assigned and shall be paid to Lender and <br />shall be applied to the sum secured by this Deed of Trust, whether or not then due, with any excess to be <br />paid to Borrower. <br />4. Any notice to Borrower provided for in this Deed of Trust shall be given by delivering it or <br />mailing it by first class mail unless Nebraska Law requires use of another method, at the Borrower's last <br />known address. <br />5. This Deed of Trust shall be governed by Nebraska Law. <br />6. Lender shall give notice to Borrower following Borrower's breach of any covenant or <br />agreement in this Deed of Trust and the Debt which it secures. The notice shall specify (a) the default, <br />(b) the action required to cure the default, (c) a date not less than ten (10) days from the date the notice is <br />given to Borrower by which the default must be cured, and (d) that failure to cure the default on or before <br />the date specified in the notice may result in acceleration of the sum secured by this Deed of Trust and <br />sale of the Property pursuant to the power of sale herein granted. The notice shall further inform <br />Borrower of the right to reinstate, after acceleration, and the right to bring a court action to assert the <br />nonexistence of a default or any other defense of Borrower to acceleration and sale. If default is not <br />cured, on or before the date specified in the notice, Lender, at its option may require immediate payment <br />in full of all sums secured by this Deed of Trust without further demand and may invoke the power of <br />sale and any other remedies permitted by Nebraska Law. Lender shall be entitled to collect all expenses <br />incurred in pursuing the remedies provided in this paragraph or otherwise taken to protect its interest in <br />collateral described in this Deed of Trust or enforce any provisions hereof, including but not limited to <br />reasonable attorney fees and costs of title evidence. <br />7. If the power of sale is invoked, Trustee shall record a notice of default in each county in <br />which any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Nebraska law. Trustee, without demand on Borrower, shall sell the Property at public auction to the <br />highest bidder at the time and place and under the terms designated in the notice of sale in one or more <br />parcels and in any order Trustee determines Trustee may postpone sale of all or any parcel of the <br />Property by public announcement at the time and place of any previously scheduled sale. Lender or its <br />designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's Deed <br />conveying the Property. Trustee shall apply the proceeds of sale in the following order: (a) to all <br />expenses of the sale including, but not limited to, Trustee's fees as permitted by Nebraska law and <br />reasonable attorney fees; (b) to all sums secured by this Deed of Trust; and (c) any excess to the person <br />or persons legally entitled to it. <br />8. Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the <br />Property and shall surrender this Deed of Trust and the Debt secured hereby. Trustee shall reconvey the <br />Property without warranty and without charge to the persons legally entitled to it. <br />9. Lender, at its option, may from time to time remove Trustee and appoint a successor Trustee <br />by an instrument recorded in the county in which this Deed of Trust is recorded. Without conveyance of <br />the property, the successor Trustee shall succeed to all the title, power an duties conferred upon Trustee <br />herein and by Nebraska Law. <br />10. Borrower requests that copies of all notices provided herein be sent to Borrower's address <br />hereinabove indicated. <br />above. <br />IN WITNESS WHEREOF the Borrower has signed this Deed of Trust on the Date first noted <br />