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202101648 <br />cause notice of default to be given and the premises to be sold as <br />provided herein. <br />11. The proceeds of any condemnation award are hereby <br />assigned and shall be paid to LENDERS and shall be applied to the <br />sums secured by this security instrument, whether or not then due, <br />with any excess paid to BORROWERS. <br />12. Any extensions or modifications of the loan granted by <br />LENDERS to any successor in interest of BORROWERS shall not operate <br />to release the liability of the original BORROWERS or BORROWERS' <br />successors in interest. Any forbearance by LENDERS in exercising <br />any right or remedy shall not be a waiver of or preclude the <br />exercise of any right or remedy. <br />13. Any notice to BORROWERS provided for in this security <br />instrument shall be given by delivering it or mailing it by First <br />Class Mail unless Nebraska law requires use of another method, at <br />the BORROWERS' last known address. <br />14. This security instrument and the note which it secures <br />shall be governed by Nebraska law. <br />15. LENDERS shall give notice to BORROWERS following <br />BORROWERS' breach of any covenant or agreement in this security <br />agreement and the note which it secures. The notice shall specify: <br />(a) The default; <br />(b) The action required to cure the default; <br />(c) A date not less than thirty (30) days from the date <br />the notice is given to BORROWERS by which the <br />default must be cured, and; <br />(d) That failure to cure the default on or before the <br />date specified in the notice may result in <br />acceleration of the sum secured by this security <br />agreement and resale of the property. The notice <br />shall further inform BORROWERS of the right to <br />4 <br />