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201502756 <br />or to any of the Mortgaged Property, and (d) while any Event of Default exists, to perform any <br />obligation of Grantor under this Deed of Trust or any other Loan Document; provided, however, <br />(i) Beneficiary shall not under any circumstances be obligated to perform any obligation of <br />Grantor; (ii) any sums advanced by Beneficiary in such performance shall be added to and <br />included in the Indebtedness and shall bear interest at the interest rate set forth in the Loan <br />Agreement following an Event of Default; (iii) Beneficiary as such attorney -in -fact shall only be <br />accountable for such funds as are actually received by Beneficiary; and (iv) Beneficiary shall not <br />be liable to Grantor or any other Person for any failure to take any action which it is empowered <br />to take under this Section 8.4. <br />8.5 Successors and Assigns. This Deed of Trust shall be binding upon and inure to <br />the benefit of Beneficiary, Grantor and Trustee and their respective successors and assigns. <br />Grantor shall not, assign any rights, duties or obligations hereunder without the prior written <br />consent of Beneficiary. <br />8.6 No Waiver. Any failure by Trustee or Beneficiary to insist upon strict <br />performance of any of the terms, provisions or conditions of the this Deed of Trust or any other <br />Loan Document shall not be deemed to be a waiver of same, and Trustee or Beneficiary shall <br />have the right at any time to insist upon strict performance of all of such terms, provisions and <br />conditions. <br />8.7 Subrogation. To the extent proceeds of the Promissory Note have been used to <br />extinguish, extend or renew any indebtedness against the Mortgaged Property, then Beneficiary <br />shall be subrogated to all of the rights, Liens and interests existing against the Mortgaged <br />Property and held by the holder of such indebtedness and such former rights, Liens and <br />interests, if any, are not waived, but are continued in full force and effect in favor of Beneficiary. <br />8.8 Release or Reconvevance. Upon payment in full of the Indebtedness and <br />performance in full of the Obligations, Beneficiary, at Grantor's expense, shall release the Liens <br />created by this Deed of Trust or reconvey the Mortgaged Property to Grantor, as applicable. <br />8.9 Waiver of Stay, Moratorium and Similar Rights. Grantor agrees, to the fullest <br />extent that it may lawfully do so, that it will not at any time insist upon or plead or in any way <br />take advantage of any appraisement, valuation, stay, marshalling of assets, extension, <br />redemption or moratorium Law now or hereafter in force and effect so as to prevent or hinder <br />the enforcement of the provisions of this Deed of Trust or the Indebtedness secured hereby, or <br />any agreement between Grantor and Beneficiary or any rights or remedies of Beneficiary. <br />8.10 Governing Law. This Deed of Trust shall be deemed to be a contract made <br />under the Laws of the State of Nebraska, and for all purposes shall be construed in accordance <br />with the Laws of the State of Nebraska, without regard to its choice of law principles. Any suit, <br />action or proceeding arising out of or relating to this Deed of Trust, or any action or proceeding <br />to execute on or otherwise enforce any judgment arising out of an Event of Default or other <br />default under this Deed of Trust, can be brought by Beneficiary in the applicable federal district <br />court or in the state circuit court having jurisdiction for Omaha, Douglas County, Nebraska <br />(collectively, the "Courts "). <br />8.11 Severability. If one or more provisions of this Deed of Trust are held to be <br />unenforceable under applicable Law, such provision or provisions shall be excluded from this <br />Deed of Trust and the balance of this Deed of Trust shall be interpreted as if such provision or <br />provisions were so excluded and shall be enforceable in accordance with its terms. <br />18 <br />