You generally have the right ideas. The actual gears you use will vary based on the road but if in doubt go slow, then go slower. A lot of times, the curves will slow you down as much as the grade.
If you do feel the brakes getting soft, pull over and stop.
As far as what to do if you loose them entirely, well, there are not any great options there in most cases. The only real choice is to ditch it as soon as possible, as slowly as possible, and as level as possible...But.....if you have a well-maintained rig and take it easy, that is very, very unlikely to happen.
If in doubt, have the complete brake system checked out by a reliable shop...