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200003380 diminution in the value of the Mortgaged Property or the Improvements; (k) All of Mortgagor's interest in policies of and proceeds resulting from insurance relating to the Mortgaged Property or the Improvements or any other item, as described in this Section 1.1 and any and all riders, amendments, renewals, supplements or extensions thereof or thereto and all proceeds thereof. The Mortgaged Property, the Improvements and all of the property, whether described by item or type, in Sections 1.1 are herein referred to as the "Collateral." Mortgagor hereby declares its intention and agreement with Mortgagee that the types and items of property described in Subsections 1.1(a) and 1.1(g) are to the fullest extent permitted by law to be considered as fixtures and to be conclusively construed, intended and presumed to be real estate constituting a part of the Mortgaged Property. All that part of the Collateral which, notwithstanding such declaration of intentions, constitutes personal property is sometimes herein separptely referred to as the "Personal Collateral." Mortgagor for the benefit of Mortgagee declares its intent that the Mortgaged Property and all of the Collateral shall remain subject to a continuing encumbrance and lien to secure the indebtedness and obligations herein described until such indebtedness shall be fully satisfied, provided that Mortgagee may release any part of the Collateral by written instrument delivered to Mortgagor. In connection with any and all security interests herein granted, Mortgagor shall notify Mortgagee of any change in Mortgagor's name or corporate structure and shall execute any financing statements, amendments or continuation statements requested by Mortgagee in connection therewith. The grant of security interest herein provided shall also include all proceeds, whether cash, promissory notes, or otherwise, of any sale or other disposition or lease or other hire for use of all or any part of the Collateral now or hereafter existing and to an assignment of any and all rights of Mortgagor with respect to such proceeds, including but not limited to all rights as warehouseman under Article 7 of the Nebraska Uniform Commercial Code, provided, however, Mortgagee expressly disclaims interest in any such warehouseman's lien with respect to property stored by Larry A. Larsen so long as the term of any lease or other contract for such storage entered into by Mortgagor, or on its behalf, does not exceed one year and Mortgagee further authorizes the Mortgagor to agree to the subordination of any such lien as Mortgagor may now or hereafter determine in its sole discretion. The Collateral, as described herein, whether by type or item, in which Mortgagee is granted a security interest includes goods which are or shall become fixtures on the Mortgaged Property. This Mortgage is intended to serve as a fixture filing pursuant to the terms of Sections 9 -313 and 9-402 of 2000 MORTGAGE (Grand Island, Nebraska) 0