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202400015 <br />B. Authority. The execution, delivery and performance of this Security Instrument and the <br />obligation evidenced by this Security Instrument are within Grantor's powers, have been <br />duly authorized, have received all necessary governmental approval, will not violate any <br />provision of law, or order of court or governmental agency, and will not violate any <br />agreement to which Grantor is a party or to which Grantor is or any of Grantor's property is <br />subject. <br />C. Name and Place of Business. Other than previously disclosed in writing to Lender, <br />Grantor has not changed Grantor's name or principal place of business within the last 10 <br />years and has not used any other trade or fictitious name. Without Lender's prior written <br />consent, Grantor does not and will not use any other name and will preserve Grantor's <br />existing name, trade names and franchises. <br />12. PROPERTY CONDITION, ALTERATIONS, INSPECTION, VALUATION AND APPRAISAL. <br />Grantor will keep the Property in good condition and make all repairs that are reasonably <br />necessary. Grantor will not commit or allow any waste, impairment, or deterioration of the <br />Property. Grantor will keep the Property free of noxious weeds and grasses. Grantor agrees <br />that the nature of the occupancy and use will not substantially change without Lender's prior <br />written consent. Grantor will not permit any change in any license, restrictive covenant or <br />easement without Lender's prior written consent. Grantor will notify Lender of all demands, <br />proceedings, claims, and actions against Grantor, and of any loss or damage to the Property. <br />No portion of the Property will be removed, demolished or materially altered without Lender's <br />prior written consent except that Grantor has the right to remove items of personal property <br />comprising a part of the Property that become worn or obsolete, provided that such personal <br />property is replaced with other personal property at least equal in value to the replaced personal <br />property, free from any title retention device, security agreement or other encumbrance. Such <br />replacement of personal property will be deemed subject to the security interest created by this <br />Security Instrument. Grantor will not partition or subdivide the Property without Lender's prior <br />written consent. <br />Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time <br />and frequency for the purpose of inspecting, valuating, or appraising the Property. Lender will <br />give Grantor notice at the time of or before an on-site inspection, valuation, or appraisal for on- <br />going due diligence or otherwise specifying a reasonable purpose. Any inspection, valuation or <br />appraisal of the Property will be entirely for Lender's benefit and Grantor will in no way rely on <br />Lender's inspection, valuation or appraisal for its own purpose, except as otherwise provided by <br />taw. <br />13. AUTHORITY TO PERFORM. If Grantor faits to perform any duty or any of the covenants <br />contained in this Security Instrument, Lender may, without notice, perform or cause them to be <br />performed. Grantor appoints Lender as attorney in fact to sign Grantor's name or pay any <br />amount necessary for performance. Lender's right to perform for Grantor will not create an <br />obligation to perform, and Lender's failure to perform will not preclude Lender from exercising <br />any of Lender's other rights under the law or this Security Instrument. If any construction on <br />the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps <br />necessary to protect Lender's security interest in the Property, including completion of the <br />construction. <br />14. ASSIGNMENT OF LEASES AND RENTS. Grantor irrevocably assigns, grants, conveys to <br />Lender as additional security all the right, title and interest in the following (Property). <br />Cairo Bowl And Lounge, Inc <br />Nebraska Deed Of Trust <br />NE/4W YATTG LE00000000002894037 N <br />Wolters Kluwer Financial Services, Inc.©1996, 2023 <br />Bankers Systeme" <br />Initials,/ J <br />Page 4 <br />