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201202871 18. U.C.C. PROVISIONS. ❑ Construction Loan. This Assignment secures an obligation incurred for the construction of an improvement on the Property. 19. OTHER TERMS. If checked, the fallowing are applicable to this Assignment: ❑ Line of Credit. The Secured Debts include a revolving line of tmdit provision. Although the Secured Debts may be reduced to a zero balance, this Assignment will remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender. ❑ Additional Terms. 20. APPLICABLE LAW. This Assignment is governed by the laws of Nebraska, except to the extent otherwise required by the laws of the jurisdiction where the Property is located, and the United States of America. 21. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Assignor's obligations under this Assignment are independent of the obligations of env other Assignor. Lender may sue each Assignor individually or together with any other Assignor. Lender may release any part of the Property and Assignor will still be obligated under this Assignment for the remaining Property. The duties and benefits of this Assignment will bind and benefit the suooessors and assigns of Lender and Assignor. 22. AMENDMENT, INTEGRATION AND SEVERABILITY- This Assignment may not be amended or modified by oral agreement. No amendment or modification of this Assignment is effective unless made in writing and executed by Assignor and Lender. This Assignment is the complete and final expression of the agreement. If any provision of this Assignment is unenforceable, then the unenforceable provision will be severed and the remaining provisions will still be enforceable. 23. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular. The section headings are for convenience only and are not to be used to interpret or define the terms of this Assignment. 24, NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Unless otherwise required by law, any no'ice will be given by delivering it or mailing it by first class mail and by registered or certified mail, return receipt requested, to the appropriate party's address listed in the DATE AND PARTIES section, or to any other address designated in vrriting- Notice to one party will be deemed to be notice to all parties. Assignor will Inform Lender in writing of any change in Assignor's name, address or other application information. Assignor will provide Lender any financial statements or information Lender requests. All finaneia3 statements and information Assignor gives Lender will be correct and complete. Assignor agrees to sign, deliver, and file env additional documents or certifications that Lender may consider necessary to perfect, continua, and preserve Assignor's obligations under this Assignment and to confirm Lender's lien status on env Property. Time is of the essence. 25. C DESIGNATION OF HOMESTEAD. Pursuant to the Farm Homestead Protection Act, designation of homestead C is attached to this Assignment and made a part hereof ❑ has been disclaimed or waived; the disclaimer or waiver is attached to this Assignment . and made a part hereof, Asipnme,l or L•s— rd Par to-NE A"WY 9NNEIEniI j2Q1I MPS Bankers spaM1emg m DO W,[Tors K!'w" Financial Services ® 200 i. 201'. Pogo a o- 9 r �'\ l / {IL