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201407632
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Last modified
7/20/2017 10:10:36 PM
Creation date
12/4/2014 9:17:34 AM
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DEEDS
Inst Number
201407632
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. � <br /> ��14�7�3� <br /> �xisting or h�reafter ari�ing �rith resp�ct to an� �otlateral lo�ated on or at th� Propert�, <br /> incru�ing an� r�ghts of lev� �r distraint f�r rent to�he [[en� and se�urity interest� �f L�nder in th� <br /> �a[Eateral and �am�any agrees that notr�ithstand�ng the terms of an� lea�e agr�ement be#�r��n <br /> �ompan� an� Borr�wer v+�hi�h leases th� Pr�pert� �r applicable �a►�v, the liens and sec�rrity <br /> int�r�sts of Lender in the Callat�ral shali be de�me� senior to any su�h landl�rd's lien and <br /> se�ur�ty inter�s#. The fare�o�ng shall be effective nat�vi#hstanding an�thing to �h� con#rar� <br /> contained �n an� leas� agreement bet�nre�n ��m�any and any B�rr�r�r�r which leas�s the <br /> Property or any other L�an �ocuments, and i�respe�ti�►e of �i} the time, �rd�r or m�ti�o� of <br /> attachment or perfe�tion of t�� l�ens and s��ur�ty tnt�rests cr�ated loy the L�an Documents; �ii} <br /> the t�m� or order of filing or r�cording �f any financing statements or �ther docurrtents f�ed or <br /> re�ord�d to perfect Lend�r's liens and secur�t�r interests in the �ollat�ral; �iii� anyth�ng c�ntained <br /> in any f f[ng �r agreement t� whrch Company or Lend�r now or hereafter may be a party; an� <br /> �i�} the ru�es f�r d�termining perfectEon �r priority af �iens and security interests urt��r th� <br /> Uniform ��mm�rcEal ��de �r any other law g�vernin� the reiat�ve prE�ri#�es �f secured cr���tor�. <br /> �ompany further agrees that Lend�r may rerr�ove the ��llaterai fr�m the Prop�rty at an� time <br /> upan the occu�renc� �f an Event of Defau[t �as def ned in the L�an A�r�em�nt} and that Ler��er <br /> ma�ent�r upan the Property a�any reasonabl�time in ord�r to in�pect the ��Ifateral. <br /> 11. Re��es�ntations. �ompan� repres�nt�, warrants, ackn�w��dge� and agr�e� that <br /> �a� �ompany owns marketab�e title to the Propert}� in fee s�mple and �ampany has not made <br /> any pr�or sa�e, pledge, en�umbrance, assignment or other disposit�on of an�part�f�h� P�ra��rty <br /> ta any ��rsan and �he sam� is free fram all encumbranc�s and r�gi�#� of s�t�ff of any kEnd, �b} <br /> �ampany wiEl def�nd, at ��mpany's ex�ens�, the Prop�rty aga�nst a11 claim� �nd demands of <br /> any Person at any tim� cla�ming the �ann� ar an� int�rest therein, �c�that a matenal induc�rr��nt <br /> ta Lender's �rill�ngness #o enter int� the Laan A�r��ment is #he e�ce�ut�an an� deli�ery by <br /> �om�any �f this Agreem�nt, and �d�#hi� Agr��rnent wEll be recor��d in the r�a� pr�p�rt}� <br /> record� of#he count}� �uher� th� Property is �o�ated t� provid� c�ns�ruct�v� n��i�� of the terms <br /> and c�nditi�ns of this Agr�ement. <br /> �2. Events of Defau�t and Rem�dies. �ornpan}� agre�� that for purpo��s of th�s <br /> Agre�ment, an E��nt Qf a�fault und�r the L�an A�r�em�nt shal� c�nsfitute an Ev�nt �f Default <br /> under this Agr��m�n�. lJpan th� oc�urren�� �f an Event �f Defau�t, Lender shaii hav� �II right� <br /> and remedr�s �rovid�d un�er any �f the L�an D�curnents ��r �therv�i�e auai[able to Lender at <br /> la�►�r in �qu�ty. <br /> 1�. T�rm, Th is Ag reem�nt and ��m�any's o�l i�ations her�u nder sha�l r�m ai n in <br /> �ffe�t until �h� full an� camplet� payment and perf�rmanc� of the �bli�atian� an� t�� <br /> t�rminatian of Lender�s �omrrritment to �xt�nd �redit to Borrowers. <br /> '14. Misce[�an��us. <br /> a. ���ernin� Lav� an� �onsent t� F�rum, TH[� AGREEMENT �HALL BE <br /> ��VERNED BY AN� ��N�TRIJEI� IN A���RDAN�E IN1TH THE LA1NS �F THE �TATE �F <br /> NEBRA�KA 1NfTHOUT RE�AR� T� ��NFLI�T �F LAVII� PRlN�iPLE�. ��MPANY <br /> HEREBY ��N�ENTS T� THE JUR��D[CT[�N �� AN1� �TAfiE ��URT L��A�`ED WlTH1N <br /> ��U�LAS ��UNTY, NEBRASKA �R �EaERAL ��URT IN THE DI�TR��T �F NEBRASKA. <br /> ��MPANY WA11�ES ANY �BJE�TI�N �� JURISDI�TI�N AND VENUE �� ANY A�T1�N <br /> IiVSTiTU7ED A�AI�[ST iY IN SU�H F�RUM A� PR�V[DE� AB�11E AhID A�REES N�T T� <br /> A��ERT ANY QEFEN�E BA�E� �N LA�K �� JURISD��Ti�N �R VEN�JE [N �IJ�H <br /> F�RUM. ��iVIPANY F�JRTHER A�REES N�T T� AS��RT A�AINST LENDER �EX�EF�T <br /> BY WAY �F A DEFEN�E �R ��UNTER�LAIM Ihl A PR��EE�1N� 1N1TiATED B� LENaE�} <br /> ANY �LAIM �R �THER ASSERTI�N �F LIABiLITI�1N1TH RESPE�T T�THiS A�REEMENT, <br /> �az o-��o�-��z�.� � <br />
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