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200603196 <br />nevertheless, upon the written request of Lender or of the substitute trustee, the Trustee ceasing <br />to act shall execute and deliver any instrument transferring to such substitute trustee, upon the <br />trusts herein expressed, all the estates, properties, rights, powers, and trusts of the Trustee so <br />ceasing to act, and shall duly assign, transfer and deliver any of the property and moneys held by <br />such Trustee to the substitute trustee so appointed in the Trustee's place. <br />ARTICLE 16 - STATE - SPECIFIC PROVISIONS <br />Section 16.1 Principles of Construction. In the event of any inconsistencies <br />between the terms and conditions of this Article 16 and the terms and conditions of this Security <br />Instrument, the terms and conditions of this Article 16 shall control and be binding. <br />Section 16.2 Nebraska. <br />(a) Notice of Default. Borrower for itself and for each person who is a party <br />hereto hereby requests that a copy of any notice of default or any notice of sale be mailed to each <br />such person at the address of such person set forth herein. <br />(b) Exercise of Power of Sale. In the event of any exercise of the power of <br />sale provided for herein, the Trustee shall apply the proceeds of the Trustee's sale according to <br />applicable law, first to the costs and expenses the power of sale and of the sale, including the <br />payment of the Trustee's fees actually incurred not to exceed the amount which may be provided <br />for in the Security Instrument, second, to the payment of the obligation secured by the Security <br />Instrument, third, to the payment of junior deeds of trust, mortgages or other lienholders, and the <br />balance, if any, to the person or persons legally entitled thereto. <br />[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br />NYLI134 753776.3 -22- <br />