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20001183 <br />(D) All proceeds (including claims and demands therefor) of the conversion, voluntary <br />or involuntary, of any of the foregoing Property into cash or liquidated claims, including, without <br />limitation, proceeds of insurance and condemnation awards on the Premises (hereinafter sometimes <br />and "Condemnation Proceeds "): and <br />(E) All rights, title and interest of Trustor in any and all building permits, revocable <br />license permits (including insurance and bonds), any and other permits, licenses or authorization <br />required by the governmental authorities having or exercising jurisdiction over the Premises, <br />Equipment or Trustor (hereinafter collectively referred to as "Permits, Licenses, Approvals and <br />Agreements "). <br />FOR THE PURPOSE OF SECURING, in such order of priority as Beneficiary, in <br />its sole discretion, may elect: <br />(1) Due, prompt and complete observance, performance and discharge of each <br />and every payment, obligation, covenant and agreement contained in that certain Credit <br />Agreement between Trustor and Wells Fargo Bank Nebraska, National Association <br />( "Beneficiary ") dated December 1, 2000 ( "Credit Agreement "), including but not limited to <br />that certain Commercial Installment Note and Credit Agreement dated June 5, 2000, in the <br />stated amount of $5,500,000; that certain Commercial Note and Credit Agreement dated May <br />19, 2000, in the stated amount of $2,000,000; that certain Commercial Note and Credit <br />Agreement dated December 8, 1999, in the stated amount of $221,284; that certain <br />Reimbursement Agreement between Trustor and Beneficiary dated December 1, 2000, with <br />respect to Letter of Credit No. NAS377997 in the maximum stated amount of $4,174,795.00; <br />and that certain Reimbursement Agreement between Trustor and Beneficiary dated <br />December 1, 2000, with respect to Letter of Credit No. NAS377995 in the maximum amount <br />of $3,131,096.00; and all extensions, renewals and replacements thereof; <br />(2) Due, prompt and complete payment of all other indebtedness of Trustor to <br />Beneficiary, now in existing or arising hereafter, whether direct or indirect, due or to become <br />due, absolute or contingent, primary or secondary, liquidated or unliquidated, including all <br />costs and expenses of enforcing the Credit Agreement and this Deed of Trust; <br />(3) Payment of any sums which may hereafter be owing by Trustor, or any of <br />them, to Beneficiary or any of its affiliates, under the terms of any interest rate swap <br />agreement, interest rate cap agreement, basis swap agreement, forward rate agreement, <br />interest collar agreement or interest floor agreement to which Trustor, or any of them, may <br />be a party, or under any other agreement or arrangement to which Trustor, or any of them, <br />may be a party, which in each case is designed to protect Trustor or any of them, as the case <br />may be, against fluctuations in interest rates or currency exchange rates with respect to any <br />other indebtedness secured by this Deed of Trust. <br />3 <br />