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2oi�oo�s4 jurisdiction in which the Property is lncatcd. In the cvent that any provision ar clause of this Security Instrument or the Second Note conflicts with applicable law, such conflict shall not affcct other provisions of this Security Instnunent or the Second Notc which can be given effect without the conflicting provision. To this end the provisions of this Security Instnuncnt and the Second Note are declared to be severable. 18. Borrower's Copy. Borrower shall be �ivcn one conformed copy of the Second Note and this Security Instrumerat. NON-iTNIFORM C�VENANTS. Barrower and Lender further covenant and agree as follows: 19. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes I.ender or Lc,wndcr's agents to collect the rents and revenues and hc,~rcby directs each tenant of the Property to pay the rents to Lender or Lender's agents. Howcver, priar to Lender's notice to Borrowcr of Borrower's breach of aay covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee fpr thc benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignmcnt and not an assignment for additional security pnly. If Lender gives notice of breach tp Borrawcr: (a) all re�its received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the sums sccured by this Security Instrument; (b) Lender shall bc c,•ntitled to collect and receive all nf the rents of the Property; and (c) each tenant pf the Property shall pay all rents due and unpaid to Lender or Lender's agent on [,ender's writtu~n demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this Paragraph 19, except as provided in the First Security Instrument. Lender shall not be required to enter upon, take control of or maintain the Properiy before or aftcr giving notice of brcach to Barrawcr. However, Lender or a judicially appointed reccivc,�r may do so at any time there is a breach. Any application of rents shall not curc or waive any defiult or invalidate any other right or remedy of Lender. This assignment ofrents of the Property shall terminate when the debt secured by this Security Instrumenc is paid in f'ull. 20. Foreclosure Procedure. If Lender requires i�ttmediate payrnent in full under Paragraph 9, Lender rnay invoke the power of sale and �ny other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Paragraph 20, including, but not limited to, reasonable attorneys fees and costs of title evideoce. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Froperty is Iocated and shalt mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the timc required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at pablic auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel 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 Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prirna facie evidence of the truth of the statements made therein. Trustee shalt apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustees fees actually incurred and reasonable attorneys' fees as permitted by applicable law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 2l. Lien Priority. The full amount secured by this Security Instaument sha11 have a lien priority subordinate only to the full amount secured by Che First Security Instrument. Nebraska 2"'' Deed of Trust (h'ixe�l) Page 6