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<br /> �j01!� F, GOVERNING LAWS. This REA sh�ll be construed in accordance with the =
<br /> �� � laws of the State of Nebreska and any applicable federal laws and regulations. =_
<br /> G, INJiJNGTNE RELIEF. In the evsnt of any violation or threatened �.
<br /> ,. violation by any Persan of any of the terms, restrictions. covenants and condirions of this _
<br />_�:�-: :�� REA, any of the Parties shall have the right to enjoin such violation or threatened violation -
<br /> in a court of competent jurisdiction. Friar to the coxnmenceraent of any such action,at least
<br /> � ' five(5) days' written notice of such violation sball be given to the other Farty or other _
<br /> .. Person responsible therefore. _
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<br /> . 1° .�'� H. PARTNERSHIP. Neither anything in this REA contained nor any acts of
<br /> -.,.... . �
<br /> : ;��;�:�: the Parties hereto shall be deemed dr eonsuued b�the Parties hereto,or any of them, or y
<br />:,;;�.�5� anythird person, to create the refationship of principal and agent, or of partnership, or of
<br /> � ` �� jomt venture,or of any association betvieen any of the Parties of tWs REA
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<br />�i'•�. . � I. NOT A PLTBLIC DEDICATION. Nuthing herein contained shall be deemed
<br /> :_�f� ` to be a giR of dedicarion of any portion of the Site to the general public or for the general
<br /> _�3�.' pubGc or for any public purpose whatsoever,it being the intention of the Parties heret� that
<br />_ tlus R�A shall be strictly limited to tutd far the pucposes hercin expressed.
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<br /> J. PAYMENT ON DEFALJLT. If pursuant to this REA any Party is compelled
<br /> ,�-:��� or elects to pay any sum of money or do any acts which required the payment of maney by
<br /> _:_::•=N�;,� reason of any other Yarty's failure oT insbility xo porivr�ii 8&i of.;�e��s an�pravisions ui
<br /> ��yl�='� this REA to be performed by such other Party, the defau�ting Party shall �pr�xnptly upon
<br /> --===_'_� demand reimburse the paying Px�ty for such sums, and all such sums ahall �bEar simple
<br /> -��'s� intcrest at the rate on twelve perccnt (l2%) per annum {but in no event exceeding the
<br /> - - - mciximum rate pernutted by law) from the date of expenditure until the date of su�h
<br /> -- -�-= reimbwsement. In no event shall any Mortgagee or any purchaser of Mortgagee's interesi
<br /> at a foreclosure sala or by deed in ueu of foreclosure be obligated to make any payment
<br /> _ _�.Q�� described in this subparagraph ]occurring prior to the date that such Mortgagee forecloses
<br /> _-�� on such Parcel.
<br /> - K. RELEASE. If a Pariy shall sell, transfer or assign its Parcel or its interest
<br /> thereu�, it shall, except as provided in this REA, be released from ita future obGgations
<br /> — � hereunder. It shall be a condttion precedent to the release and discliarge of any�rantor or
<br /> assignor Party that such gantor or asaignor shall give notice to the other Pasa�es to this
<br /> -- --� REA of any such sale. transfer,conveyance or assignment concurrently with or following
<br /> __ the Rling for record of the instrument effecting the same.
<br /> --='—"°'� L. SEVERABILITY. If any term, provision or condition containcd in this REA
<br /> shall, to any extent, be invalid or unenforceable, the remainder of this REA (or the
<br /> --= appGcable of such term,provision or condition to ersons or circumstances other than thass
<br /> --- �— in respect of which it is inv�lid or unenforceable� shall not be affected thereby, and each
<br /> =- -� term, pravision and condition of this REA shall be valid and enforceable to the fullest extent
<br /> --�-- pertnit4ed by law.
<br />--==�
<br /> '����_� M. TIlV1E OF ESSENCE. Time is of the essence with respect to the
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<br /> -_=„w;^ performan.ce of each of the covenants and ageements contained in this REA.
<br />• � IrT. WAIVER OF DEFAULT. No waiver of any def.uult by any Party to this
<br /> '-": ' � REA sh�l be implied from any omission by any other Party to take any action en respect of
<br /> � such default if such default contmued or is repeated. No express waiver of any default shall
<br /> . �� -�� � affect any default or cover any period of time other than the default and penod o� time
<br /> , specifiod in such express waivc+c One or more waivers of any default in the performance of
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