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201806681 <br />by delivering it or by mailing it by first class mail unless applicable law requires use of another <br />method. The notice shall be directed to the Property address or any other address Borrower <br />designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's <br />address stated herein or any other address Lender designates by notice to Borrower. Any notice <br />provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender <br />when given as provided in this paragraph. <br />11. Governing Law; Severability. This Security Instrument shall be governed by the law <br />of the State of Nebraska. In the event that any provision or clause of this Security Instrument or <br />the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security <br />Instrument or the Note which can be given effect without the conflicting provision. To this end the <br />provisions of this Security instrument and the Note are declared to be severable. <br />12. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this <br />Deed of Trust. <br />13. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the <br />Property or any interest in it is sold or transferred (or if a beneficial interest in the Borrower is sold <br />or transferred and the new Borrower is not a natural person) without Lender's prior written consent, <br />Lender may, at Lender's option, require immediate payment in full of all sums secured by this Deed <br />of Trust. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The <br />notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed <br />within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to <br />pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted <br />by this Security Instrument without further notice or demand on Borrower. <br />14. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br />earlier of: (a) 5 days (or such other period as applicable law may specify for reinstatement) before <br />sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry <br />of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pay <br />Lender all sums which then would be due under this Security Instrument and the Note had no <br />acceleration occurred; (b) cure any default of any other covenants or agreements; (c) pay all <br />expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable <br />attorneys' fees; and (d) take such action as Lender may reasonably require to assure that the lien <br />of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the <br />sums secured by this Security Instrument, shall continue unchanged. Upon reinstatement by <br />Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective <br />as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of <br />acceleration. <br />15. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration <br />following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior <br />to acceleration under paragraphs 9 and 13). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to <br />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 sums secured by this Security <br />Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a <br />default or any other defense of Borrowers to acceleration and sale. If the default is not cured on <br />or before the date specified in the notice, Lender at its option may require immediate payment in <br />full of all sums secured by this Security Instrument without further demand and may invoke the <br />power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 15, including, but <br />not limited to, reasonable attorneys' fees and costs of title evidence. <br />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 <br />prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. <br />After the time required by applicable law, Trustee shall give public notice of sale to the persons and <br />in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms <br />designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lender or its designees may purchase the Property <br />at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of <br />the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the <br />following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as <br />permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />3 <br />