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201808297 <br />4. If Beneficiary determines that any part of the property is subject to a lien which is or may <br />attain priority over this security instrument, Beneficiary may give Trustor a notice identifying the lien and <br />Trustor shall satisfy the lien within ten (10) days. <br />5. Buyer shall keep the improvements on said premises insured against loss by fire and hazards <br />included within the term "extended coverage" for their insurable value and policies for the same shall include <br />a standard mortgage clause showing Beneficiary herein. In event of loss, Beneficiary may make proof of loss if <br />not promptly made by Trustor. Insurance proceeds shall be applied to restoration or repair of the property <br />damaged, unless both parties otherwise agree, except if proceeds shall be paid on the debt herein, whether or <br />not then due. Beneficiary shall be listed as additional payees on any policy insuring the premises. <br />Unless Beneficiary and Trustor otherwise agree in writing, any payments or proceeds from insurance <br />shall not extend or postpone the due date of the monthly payments provided in said note, or change the <br />amount of the payments. <br />6. If Trustor fails to perform the covenants and agreements herein contained, Beneficiary may <br />do and pay for whatever is necessary to protect the value of the property and Beneficiary's rights in the <br />property, including the paying of any sum secured by a lien which has priority over this security instrument, <br />appearing in court, paying reasonable attorney fees and entering the property to make repairs. Any amount <br />disbursed by Beneficiary under this paragraph shall become an additional debt of Trustor secured by this <br />security instrument, to bear interest from the date of disbursement and said amount, together with the then <br />unpaid principal amount, shall bear interest at the highest lawful rate until refunded by Trustor. <br />7. The proceeds of any condemnation award are hereby assigned and shall be paid to <br />Beneficiary and shall be applied to the sums secured by this security instrument, whether or not then due, with <br />any excess paid to Trustor. <br />8. Any forbearance by Beneficiary in exercising any right or remedy shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />9. Any notice to Trustor provided for in this security instrument shall be given by delivering it <br />or may mailing it by first class mail unless Nebraska Law requires use of another method, at the Trustor's last <br />known address. <br />10. This security instrument and the note, which it secures, shall be governed by Nebraska law. <br />11. Beneficiary shall give notice to Trustor following Trustor's breach of any covenant or <br />agreement in this security agreement and the note, which it secures. The notice shall specify (a) the default, (b) <br />the action required to cure the default, (c) a date not less than thirty (30) days from the date of the notice is <br />given to Trustor by which the default must be cured, and (d) that failure to cure the default on or before the <br />date specified in the notice may result in acceleration of the sum secured by this security agreement and resale <br />of the property. The notice shall further inform Trustor of the right to reinstate, after acceleration, and the right <br />to bring a court action to assert the nonexistence of a default or any other defense of Trustor to acceleration <br />and sale. If default is not cured, on or before the date specified in the notice, Beneficiary, at its option, may <br />require immediate payment in full of all sums secured by this Security Agreement without further demand and <br />may invoke the power of sale and any other remedies permitted by Nebraska law. Beneficiary shall be entitled <br />to collect all expenses incurred in pursuing the remedies provided in this paragraph, including but not limited <br />to reasonable attorney fees and costs of title evidence. <br />12. 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 shall give public notice of sale to the persons and in the manner prescribed by Nebraska <br />law. Trustee, without demand on Trustor, shall sell the property at public auction to the highest bidder at the <br />time and place and under the terms designated in the notice of sale of all or any parcel of the property by <br />public announcement at the time and place of any previously scheduled sale. Beneficiary or its designee may <br />