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200003380 Section 3.6 If Mortgagee at any time holds additional security or guaranty for any obligations secured hereby, it may enforce the terms hereof or otherwise realize upon the same, at its option, either before or concurrently herewith or after proceedings for the enforcement hereof, and may apply the proceeds upon the indebtedness secured hereby without affecting the status of or waiving any right to exhaust all or any other security, including the security hereunder, and without waiving any breach or default or any right or power whether exercised hereunder. or contained herein or in any such other security or guaranty. Section 3.7 Mortgagee may apply the proceeds received from the exercise of its remedies with respect to the Collateral or with respect to any other collateral for the 2000 Notes or any collateral or other security provided for the indebtedness secured by this Mortgage or with respect to such indebtedness, as it deems appropriate in its discretion and without waiving or affecting the status of any breach or default under the 2000 Notes, this Mortgage, or the other Operative Agreements. .w' Section 3.8 No remedy herein conferred upon or reserved to Mortgagee is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute. Every power or remedy given by this instrument to Mortgagee or to which Mortgagee may be otherwise entitled, may be exercised concurrently or independently, from time to time and as often as may be deemed expedient by Mortgagee and Mortgagee may, to the fullest extent permitted by law, pursue inconsistent remedies. IV. RIGHTS WITH RESPECT TO COLLATERAL UNDER UNIFORM COMMERCIAL CODE. For purposes of this paragraph IV references to the Uniform Commercial Code shall mean the Uniform Commercial Code of the State of Nebraska, as now or hereafter amended. Section 4.1 With respect to the security interest granted in Section 1.1, Mortgagee shall have all the rights and remedies granted to a secured party under the Uniform Commercial Code, as well as all other rights and remedies available at law or in equity. In connection with any exercise of Mortgagee's rights as a secured party under the Uniform Commercial Code, Mortgagor agrees that Mortgagee or its representatives may, upon default, take possession of any and all of items of the Collateral and may enter upon the Mortgaged Property or any other property where any item of the Collateral may be located and take possession of said item from any or all third parties and Mortgagor acknowledges and agrees that any such taking of possession will not be considered a breach of the peace and may be done without the order of any court. The Mortgagor hereby agrees that upon any such taking of 2000 MORTGAGE (Grand Island, Nebraska) 23