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200110903 to exercise any of the rights or remedies referred to or set forth in Article VI. In addition, upon such an Event of Default, Grantor shall promptly pay to Beneficiary (i) all rent prepayments and security or other deposits paid to Grantor pursuant to any lease assigned hereunder and (ii) all charges for services or facilities or for escalation which were paid pursuant to any such lease to the extent allocable to any period from and after such Event of Default. Nothing contained in this Section 3.14(a) shall be construed to bind Beneficiary to the performance of any of the covenants, conditions or provisions contained in any Subordinate Lease or otherwise to impose any obligation on Beneficiary (including any liability under the covenant of quiet enjoyment contained in any Subordinate Lease or under any applicable law in the event that any tenant shall have been joined as a party defendant in any action to foreclose this Deed of Trust and shall have been barred and foreclosed thereby of all right, title and interest and equity of redemption in the Premises), except that Beneficiary shall be accountable for any money actually received pursuant to such assignment. Grantor hereby further grants to Beneficiary the right to notify the tenant under any Subordinate Lease of the assignment thereof and, if an Event of Default shall then exist, (i) to demand that the tenant under any Subordinate Lease pay all amounts due thereunder directly to Beneficiary, (ii) to enter upon and take possession of the Premises for the purpose of collecting the Rents, (iii) to dispossess by the usual summary proceedings any tenant defaulting in the payment thereof, (iv) to let the Premises, or any part thereof, and (v) to apply the Rents, after payment of all necessary charges and expenses, on account of the Secured Obligations. (b) Grantor's Obligation to Pam. If Grantor is not required to surrender possession of the Premises hereunder in the event of any Event of Default, Grantor will pay monthly in advance to Beneficiary, on its entry into possession pursuant to Article VI, or to any receiver appointed to collect said Rents, the fair and reasonable rental value for the use and occupation of the Premises or such part thereof as may be in the possession of Grantor. Upon a default in any such payment, Grantor will vacate and surrender such possession to Beneficiary or such receiver, and, in default thereof, may be evicted by summary or any other available proceedings or actions. (c) Grantor will (i) perform or cause to be performed all the lessor's obligations under any Subordinate Lease, (ii) enforce (including the termination and cancellation of any Subordinate Lease, so long as the same is a bona fide enforcement of Grantor's right as lessor under any such Subordinate Lease and such termination or cancellation, either by itself or in the aggregate with other terminations and cancellations with respect to the Premises, will not diminish or impair the security of this Deed of Trust) the performance by the lessee under its respective Subordinate Lease of all of said lessee's obligations thereunder and (iii) give Beneficiary prompt notice and a copy of any notice of default, event of default, termination or cancellation sent or received by Grantor; but nothing contained herein shall preclude Grantor from modifying, supplementing or amending any existing Subordinate Lease or, subject to subsection (d)(i) hereof, preclude Grantor from entering into additional Subordinate Leases which may, from time to time, be modified, supplemented, amended, terminated or cancelled by Grantor subject to the provisions of this subsection (c). (d) (i) Except as provided in subsection (c) above, Grantor will not, without Beneficiary's consent, (1) assign, mortgage, pledge or otherwise transfer, dispose of or encumber, NYDOCS03/596673.1 15 HALL COUNTY, NEBRASKA