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200110904 <br />to as the "Rents ") and the right to apply the same to the payment and performance of the <br />obligations secured by the Mortgage (the "Secured Obligations "); <br />TOGETHER with all rights, dividends and/or claims of any kind whatsoever <br />relating to the Premises (including damage, secured, unsecured, lien, priority and administration <br />claims); together with the right to take any action or file any papers or process in any court of <br />competent jurisdiction, which may in the opinion of Secured Party be necessary to preserve, <br />protect, or enforce such rights or claims, including the filing of any proof of claim in any <br />insolvency proceeding under any state, Federal or other laws and any rights, claims or awards <br />accruing to or to be paid to Debtor in its capacity as landlord under any Lease; <br />TOGETHER with all other agreements, rights, written materials and intangible <br />personal property (whether now or in the future existing) arising in connection with, derived <br />from or otherwise relating to the Mortgaged Property or any portion thereof or the ownership, <br />development, construction, use, operation, occupancy, lease, sale or financing of the Mortgaged <br />Property or any portion thereof, including: (i) permits, approvals, consents and other <br />authorizations; (ii) improvement plans and specifications and architectural drawings; <br />(iii) agreements with contractors, subcontractors and suppliers; (iv) warranties and guaranties <br />and (v) escrow proceeds, reserves, deposits, bonds, deferred payments, refunds, rebates, <br />discounts, cost savings and leases; <br />TOGETHER with all unearned premiums, accrued, accruing or to accrue under <br />insurance policies now or hereafter obtained by Debtor and relating to the Premises and all <br />proceeds of the conversion, voluntary or involuntary, of the Premises into cash or liquidated <br />claims, including proceeds of hazard and title insurance and all awards and compensation <br />heretofore and hereafter made to the present and all subsequent owners of the Premises by any <br />governmental or other lawful authorities for the taking by eminent domain, condemnation or <br />otherwise, of all or any part of the Premises or any easement therein, including awards for any <br />change of grade of streets (collectively, "Awards "); <br />TOGETHER with all right, title and interest of Debtor in and to all extensions, <br />improvements, betterments, renewals, substitutes and replacements of, and all additions and <br />appurtenances to, any of the foregoing hereafter acquired by, or released to, Debtor or <br />constructed, assembled or placed by Debtor on the Premises and all conversions of the security <br />constituted thereby, immediately upon such acquisition, release, construction, assemblage, <br />placement or conversion, as the case may be, and in each such case, without any further <br />mortgage, conveyance, assignment or other act by Debtor, shall become subject to the lien of the <br />Mortgage as fully and completely, and with the same effect, as though now owned by Debtor and <br />specifically described herein. <br />NYDOCS03/596699.1 2 HALL COUNTY, NEBRASKA <br />