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i WiWTV� ............ L f be sent to Mortgagor and to any other person entitl6d to .notice under the Uniform Commercial Code of th $tate!", of Nebraska (hereinafter referred to as the vided, however, that if the fixtures or personaV;.jSr- pipe Yk or part thereof, being sold are perishable, or t3�Z -ten to decline speedily in value, or are of a type ciistbxw ly. sold on a recognized market, Mortgagee may sell aseff. or otherwise dispose of such fixtures or persona.l. e. pro or part thereof, being sold, leased, or otherwisti. of without notification, advertisement, or other MW of any kind. It is agreed that notice sent or not less than five (5) calendar days prior to the.' -... ing of the action to which the notice relates is' able notification and notice for the purposes of I Subsection(6)(C) of Article IV; maintaini (D) Surrender the insurance-policies d pursuant to Subsections (N) and (0) of Article III or any part thereof, and receive and apply the unea='ji,6d premiums as a'credit on the Secured Indebtedness, an in connection therewith, Mortgagor hereby. appoints Mortl--%.. gagee as the agent and attorney-in-fact for Mortgagor.,.'.- to collect such premiums; provided however, that gagpe•shall have no obligation to keep any insurance in'. fiorca:with respect to the Mortgaged Property or any part*." thiire-off; and/or (E) Retain any or all of the Mortgaged Property je wti.ch is fixtures or personalty in satisfaction of the Secured•1ndebtedness whenever the circumstances are such that Mortgagee is entitled to do so under the Code. ARTICLE V SECURITY AGREEMENT (2) This Mortgage is intended to be a mortgage covering real and personal property, and also a security at ;reement and financing statement. This Mortgage covers proceeds and fixtures. Counterparts of this Mortgage may be fildd as financing statements under the Uniform Commercial Zode. .(,2) With respect to all personal property and fix- tures zonet-4-tuting a part of the Mortgaged Property, Mort- qaTor hereL�y. -v ..;nwnts to Mortgagee a security interest in all such personal property and fixtures, including, but not by vay of L!,mitation, all of Mortgagor's rights now owned and at any time hereafter acquired in all equipment, inventory other per--onal property, and fixtures at any time used on -the Mort4;aqe-4, Property or in connection with the Mortgaged ?roperty., The above goods which are to become fixtures will be on the Mortgaged Property. This Mortgage may be filed for record as a Financing Statement in the real estate records. 3n the Event of Default hereunder, Mortgagee shall be entitled to all the rights, powers and remedies afforded a secured party by''Llhte r,-.de wil',".h reference to the personal property and fixtures in u:ri-.h Mc:rtgagee has been granted a security inter' est by thiz 'Hortjage, or Mortgagee may proceed as to both the real and perstnal property covered hereby in accordance with the rights aznd.ramedies granted hereunder in reope'ct to the real property vovered hereby. (3) Mortgagor is the record owner of the real estate ctvered., by this Mortgage. _j