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<br />Documents; (e) the repayment of all sums now or hereafter owing to Lender by Borrower
<br />pursuant to any instrument which recites that it is secured hereby; and (f) the repayment of all
<br />sums now or hereafter owing to Lender under or in connection with GE Capital Loan No. 050-
<br />0000642 -001, GE Capital Loan No. 050- 0000646 -001, GE Capital Loan No. 050- 0000800 -001,
<br />GE Capital Loan No. 050- 0000801 -001, GE Capital Loan No. 050- 0000805 -001, GE Capital
<br />Loan No. 050- 0000807 -001, GE Capital Loan No. 050- 0002255 -001, GE Capital Loan No. 050-
<br />0002257 -001, GE Capital Loan No. 050- 0002283 -001, GE Capital Loan No. 050- 0002293 -001
<br />and GE Capital Loan No. 050- 0002320 -001. The indebtedness and obligations described in
<br />clauses (a) -(f) above are collectively referred to herein as the "Indebtedness." The Note, this
<br />Instrument, and all other documents evidencing, securing or guaranteeing the Indebtedness
<br />(except the Environmental Indemnity Agreement), as the same may be modified or amended
<br />from time to time, are referred to herein as the "Loan Documents." The terms of the Note
<br />secured hereby may provide that the interest rate or payment terms or balance due may be
<br />indexed, adjusted, renewed, or renegotiated from time to time, and this Instrument shall continue
<br />to secure the Note notwithstanding any such indexing, adjustment, renewal or renegotiation.
<br />Borrower represents and warrants that Borrower has good, marketable and insurable title
<br />to, and has the right to grant, convey and assign an indefeasible fee simple estate in, the
<br />Premises, Improvements, Rents and Leases, and the right to convey the other Property, that the
<br />Property is unencumbered except as disclosed in writing to and approved by Lender prior to the
<br />date hereof, and that Borrower will warrant and forever defend unto Trustee the title to the
<br />Property against all claims and demands, subject only to the permitted exceptions set forth in
<br />Schedule 1 attached hereto.
<br />Borrower represents, warrants, covenants and agrees for the benefit of Lender as follows:
<br />1. PAYMENT OF PRINCIPAL AND INTEREST. Borrower shall promptly
<br />pay when due the principal of and interest on the Indebtedness, any prepayment and other
<br />charges provided in the Loan Documents and all other sums secured by this Instrument.
<br />2. IMPOUNDS FOR TAXES, INSURANCE AND OTHER CHARGES.
<br />Except as is hereinafter provided with respect to the impounding of such payments by Lender
<br />following the occurrence of an Event of Default, Borrower shall pay or cause to be paid when
<br />due, prior to delinquency, all annual real estate taxes, insurance premiums, assessments, water
<br />and sewer rates, ground rents and other charges (herein "Impositions ") payable with respect to
<br />the Property. Upon the occurrence of an Event of Default (hereinafter defined), and at Lender's
<br />sole option at any time thereafter, Borrower shall pay in addition to each monthly payment on
<br />the Note, one - twelfth of the annual Impositions (as estimated by Lender in its sole discretion), to
<br />be held by Lender without interest to Borrower, for the payment of such Impositions (such
<br />payments being referred to herein as "Impounds ").
<br />Upon the occurrence of an Event of Default (hereinafter defined), and at Lender's sole
<br />option at any time thereafter, annually during the term of this Instrument, Lender shall compare
<br />the Impounds collected to the Impositions paid or to be paid. If the amount of such Impounds
<br />held by Lender at such time shall exceed the amount deemed necessary by Lender to provide for
<br />the payment of Impositions as they fall due, if no Event of Default shall have occurred and be
<br />continuing, such excess shall be at Borrower's option, either repaid to Borrower or credited to
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<br />01- 288814.04
<br />Grand Island, NE
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