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",.,.;.. . ~;~; \. . . '.>' ... ':"~" .::..,' ~ - , . -. .... ~:.t;':'" 93- 110869 such remedy and shall agree in writing to an extension of such time prior to its expiration. SECTION 25. Remedies on Default. Upon the occurrence of an Event of Default, the Trustee may, at its option and without notice, declare the whole of the principal and accrued interest on the Notes remaining unpaid to be immediately due and payable; and the Trustee may, at its option, institute proceedings at law or in equity for the collection of all indebtedness due under the pro- visions of the Agreement, the Notes, and the Mortgage; and upon any such default, the Trustee may immediately cause this Mortgage to be "foreclosed in the manner prescribed by law, and upon the commencement of foreclosure proceedings, shall be entitled to have a receiver appointed to take possession and charge of the Project puring the pendency of the foreclosure proceedings and during the redemption period, to rent same and receive and collect the rents, issues and profits thereof, under the direction of the court, and any amount so collected by such receiver shall be applied under direction of the court upon the costs and expenses of the receivership, expense of insurance on the improvements, expense of repairs, taxes, assessments, and on the Mortgage indebtedness as provided in the Indenture. After defaul t, in order to facili tate Trustee's enforcing its rights and remedies as a secured party under the Nebraska Uniform Commercial Code (the "DCC"), Company hereby agrees that Trustee or its representatives may take possession of such of the Project as is not real estate and may enter any premises of Company to take possession of said properties and the proceeds thereof; 23