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2O2500752 <br />(k) As a consequence of any breach of any representation, warranty, or promise <br />made in this section, (i) Borrower will indemnify and hold Lender and <br />Lender's successors or assigns harmless from and against all losses, claims, <br />demands, liabilities, damages, cleanup, response, and remediation costs, <br />penalties, and expenses, including without limitation all costs of litigation <br />and attorneys' fees which Lender and Lender's successors or assigns may <br />sustain; and (ii) at Lender's discretion, Lender may release this Deed of <br />Trust and in return Borrower will provide Lender with collateral of at least <br />equal value to the premises secured by this Deed of Trust without prejudice <br />to any of Lender's rights under this Deed of Trust. <br />(1) Notwithstanding any of the language contained in this Deed of Trust to the <br />contrary, the terms of this section shall survive any foreclosure or <br />satisfaction of this Deed of Trust regardless of any passage of title to Lender <br />or any disposition by Lender of any or all of the premises. Any claims and <br />defenses to the contrary are hereby waived. <br />10. GOVERNING LAW. This security instrument and the obligations which <br />it secures shall be governed by Nebraska Law. <br />11. ASSIGNMENT. As additional security, Borrower irrevocably assigns, <br />grants and conveys to Lender (subject to the terms of the NAHTF program) all the <br />right, title, and interest in the following: (a) existing or future leases, subleases, <br />licenses, guaranties and any other written or verbal agreements for the use and <br />occupancy of the subject property, including, but not limited to, any extensions, <br />renewals, modifications, or replacements, and (b) rents, issues and profits, royalties, <br />revenues, proceeds, accounts, contract rights, general intangibles, and all other rights <br />and claims which Borrower may have that in anyway pertain to or are on account of <br />the use or occupancy of the whole or any part of the subject property. In the event <br />any such items assigned by Borrower to Lender in this section are determined to be <br />personal property, this assignment shall also be regarded as and shall constitute a <br />security agreement. <br />12. DEFAULT. Borrower will be in default if any one or more of the <br />following occur: <br />(a) Borrower defaults under the terms of the 2023 NAHTF program and <br />becomes disqualified, ineligible, uncompliant, or otherwise unable to <br />perform its obligations under the terms of the 2023 NAHTF program for <br />any reason; <br />(b) a breach of any term or covenant in this Deed of Trust or in any other <br />document evidencing, guaranteeing, securing, or otherwise relating to the <br />indebtedness secured by this Deed of Trust; <br />Page 6 of 8 <br />