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__,�,.,,�,..._ �„�„nq,tl�.Mt'�.ti..-•. yu�.� �n.�,:,.�,.,... . , . V : . . . .. _ . . ��r.� -, . . ._._ _.... � � 98- 11o�z Sectian 3.7 Mortg�gee mty Apply Ybe proceeds received from the exercise of its remcdles wlth respect to the Collateral or wlth respect to Any other coliat�ral for the Outat�ndi�8 Nota and Bonda or s�ny cail�teral or other security provided for the indebtedn�s i9ecu�ecl b�► thia Mortga�e or with respcct to such iisdebtedness, as it deeme+�ppcopr�tt ia iw diecretloa�nnd without waiving or Affecting the statua of any breach or default under the Outstanding Notcs and Bonds, this Mortgage� or the other Opentive Agrcements, Section 3.8 No remedy herein conferred upon or reserved to Mortgaga is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cuunutadve and shall be in addiaon to every other remedy given hereundar or now or hereafter existing at lew or in equity or by statute. Every power or remedy given by this instnunent to Mortgaga or w which Mortgagx may be otherwise eatitlod,may be exercisod concurnndy or independendy, from time to time and as often as may ba dtemed expedient by Mortgagex annd Mortgagee may, to the fiillest extent permitted by law, pursue inconsisteat remedic�s, • IV. RIGHTS WITH KESPECT TQ COLLATERAL UNDER UN�FORIu1 COMMERCIAL CODE. For purposes of this paragraph IV nferences w the Uniforni Commercial Code ' shall mean thc Uniform Commorcial Code of tho State af Nebraska, As amended. Saxion 4.1 With r.espoct to tbe security interest granted in,�tion 1.1� Mortgagee shsll havc all the rights and nmedies granted to a socured party under the Uniform Commercial Code,as well as ell other rights and remedies availAble at law or in � � equity. In counection with any exercise of Mortgagee's rights as a secured psrty . under the Uniform Commercial Code, Mortgagor agrees that Mortgagce o: ita representativcs r►�y, upon def�wlt, take pos�ession of aay and all of items of the . � Co1laLeral and rn�y enter upon the MortBaged PropertY Qr any other PropertY where sny item of the Cotlateral may bc Iocuod azd take p�osaession of eaid item from any or all thiM parties and Mortgagor acknowledges and agras thst a�ry such taking of po�ession will not be considered a breach of tlie pexa and m;y be done without the ordcr of any court. The Mortgagor hereby agrxs tlwt upon any such taking of posses�ion of any itern of the Collater�l or �ny proce�de , '.. � � thereof,t6e Mortg�gee shaU have and is hcreby grantod the right tu use, unpro►ve, . opentt, hold� ltax, sell or atherwise dispo�e of uid item and°the prooeecle . tLeroof, -in such manner and�for auch consideration as the �Mortgagee in �jts -, discretion deems w be in its'best��interest: �In the event thst Mortgsga se�ls or . otherwise dispoges flf.all or any�wrtion of aay item of t1�e P�ersonsl Collsteral, . . thG Mortgagor ac�wledges and agrees th$t any sale of auch ittm, aRer having given Mortgagor thirty(30)days' written aotice, including t6e method, maaner, . . tirne� place and tertns, and a statement to the effect that the dcbtor (including � Mortgagor) may be liable for any defic'acney�xisting atter sale or disposition of • . . the Personal CollatCrai, shall be conch�slvely deea�ed to be commercially � AMBHDBD ANq RBSTATBD M()RTOAOB ' (Or�od blyd.Pk�Wu) 23 - -- __ _ _