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2 01801862 8. Any extensions or modifications of the loan granted by Lender to any successor in interest of Trustor shall not operate to release the liability of the original Trustor or Trustor's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 9. Any notice to Trustor provided for in this instrument shall be given by certified mail, return receipt requested, unless Nebraska Law requires use of another method, at the address of the property which is the subject of this Deed of Trust or at such other address as may be directed by Trustor. 10. This security instrument and the Note which it secures shall be governed by Nebraska Law. 11. Lender shall give notice to Trustor following Trustor's breach of any covenant or agreement in this security instrument and the Note which it secures. The notice shall specify (a) the breach, (b) the action required to cure the breach, (c)a date not less than one month from the date the notice is sent to Trustor by which the breach must be cured, and (d) that 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 the sale of the property. The notice shall further inform Trustor of the right to reinstate after acceleration, and the right to bring a court action to assert the nonexistence of a breach or default or any other defense of Trustor 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 Deed Of Trust without further demand and may invoke the power of sale and any other remedies permitted by Nebraska Law. 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. Trustee, without demand on Trustor, 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. Trustee may postpone sale 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 a 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 the sale in the following order: (a) to all expenses of the sale including, but not limited to, Trustee's fees as permitted by Nebraska Law; (b) to all sums secured by this security instrument; and (c) any excess to the person or persons legally entitled to it. 13. Upon acceleration under Paragraph 12 or abandonment of the property, Lender 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