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<br /> 45. Secuzit� Ac�reement. It is the intention of the
<br /> � parties hereto that this instrument shall constitute a Security
<br /> Agreemen� for the bene€it of HQ�eficiary within the meansng of
<br /> the Oniform Commercial Code as enacted in the State of Nebraska
<br /> with respect to the personalty and fixtures comprising a part of
<br /> the Martgaged Premisss, and that a secucitg interest sha�l attach �
<br /> thereto for the benefit of Heneficiary to further secure the
<br /> indebtedness hereby securec7. Grantor herebp authorizes the
<br /> Trustee and/or Beneficiary to file fina���ng and continuation
<br /> . statements with respect to such c�llater�l. in w�ich Grantor has a
<br /> _ ' mo�Lgagable interest, withont the siqna�ure af Grantor whenever '
<br /> Ia�r�ul, anai upon request, Grantor shall pr�omptly execute
<br /> financing and continuation statements i� form satisfactory to
<br /> Beneficia�g to further evadence and secag� Beneficiary's interest
<br /> in such collateral, anai shall pa�r all filing €ees in connection
<br /> t�2er�with. In the event of a deL-a�lt under tLz�s Indenture, , .
<br /> fir�5tee anai/or Beneficiar�6 pursuant ta �� a�p�icable pravisicn �
<br /> dL: th� Uniform CommerciaZ Cvde, shall f7.��i� t�� option of . . .
<br /> gri��eeding as to both re�L and personal prop���p .in accordance �
<br /> w��:i:�. their rights and remedies i� respect af Uat= real pxogerty,
<br /> im �hich event the default prac�sions,of the E7n�form Commercial
<br /> Code shall not apply. The par�ies aqree that in the event
<br /> Trustee and/or Beneficiasy elect to proeeed w�.th respect to �
<br /> c�ZZateral constituting persana?ty or €�.xtures �2parately �ra� . �
<br /> th� seal property, ten �10) day�' notice of th� aale of such
<br /> col�ateral shall be reasonable �sa�ice. This F�denture
<br /> constitutes a financing statement.
<br /> 46. Discontinuanc� of Actiona Hen�fi�iary may fre� �
<br /> time to time, if permitted by law, take action �.o recover any�
<br /> sums, whether interest, prineipal or any other obligation or �,
<br /> sums, required to be paid under thi� I:�denture, the Notes, the
<br /> Applications or the Creazt Agreem�nt as the �ame become due, .
<br /> wi�Llout prejudice to the right af Trustee or S�r�eficiary �
<br /> th���after to bring an actaon o�' L-�reclosure, Q� any other �.
<br /> ac�ion, for a deEau2t ar defauits by Grantor existinq �Th�n s��:��n -�
<br /> •�.�r;,:
<br /> earlier action was commenced. Z� Heneficiary or Trus�.�� sY:��i ,«��,�
<br /> ha�� proceeded to enfarce any right under this Indenture, tl;.� ��--
<br /> Na�es, the Applfca�ions or the Credit Agreement and such
<br /> gr�ceedings sha?1 �ave been discontinued or abandoned for a-� '��:� :
<br /> reason, then in every such case Granta�a Trustee and t�::�ficiary ''�r',.=�
<br /> s�a21 be r�stored to their former positi�ns and the rifr��, ��'
<br /> r�,;,E�ies artc] po��Ers of all partie3 Here�o sI�a33 conti�:.:� 'a5 s� no ..
<br /> suc� prviceedings had been taken� �
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<br /> 47. Substitute Trustee. Trustee, or any �•�a:l���:��cc;:te � � ''
<br /> Trustee, may be re�nove at any time with or wathout cause, at: the
<br /> option of 8eneficiary, by writt�n declaration fl� such re�n�va.L �
<br /> signed by eeneficiary and duly r�corded in the same records a�
<br /> this Incler�ture and by campliance with any other requir��ents af
<br /> appl.icable law. If at any time Trustee or any substitiute Trustee
<br /> should be so removed, die, or refuse, fail or be unable to acr. as
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