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200411280 <br />permitted by law, will, therefore, include the additional payment required under the prepayment privilege, if <br />any, contained in said Note. <br />25. BORROWER'S RIGHT TO REINSTATE. Notwithstanding Lender's acceleration of the <br />sums secured by this Security Instrument, Borrower shall have the right to have any proceedings begun by <br />Lender to enforce this Security Instrument discontinued at any time prior to the earlier to occur of (i) the <br />fifth day before the sale of the Property pursuant to the power of sale contained in this Security Instrument, <br />or (ii) entry of a judgment enforcing this Security Instrument if: (a) Borrower pays Lender all sums which <br />would be then due under this Security Instrument and the Note, had no acceleration occurred, including the <br />late payment fee and Interest accrued at the default rate set forth in the Note; (b) Borrower cures all <br />breaches of any other covenants or agreements of Borrower contained in this Security Instrument; (c) <br />Borrower pays all expenses actually incurred by Lender and Trustee in enforcing the covenants and <br />agreements of Borrower contained in this Security Instrument and in enforcing Lender's and Trustee's <br />remedies as provided in Paragraph 23 hereof, including, but not limited to, attorneys' fees; and (d) <br />Borrower takes such other action as Lender may reasonably require to assure that the lien of this Security <br />Instrument, Lender's interest in the Property, and Borrower's obligation to pay the sums secured by this <br />Security Instrument shall continue unimpaired. Upon such payment and cure by Borrower, this Security <br />Instrument and the obligations secured hereby shall remain in full force and effect as if no acceleration had <br />occurred. <br />26. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN <br />POSSESSION. As additional security hereunder, Borrower hereby assigns to Lender the rents of the <br />Property pursuant to the Assignment of Leases and Rents dated of even date herewith by Borrower in favor <br />of Lender, provided that Borrower shall, prior to acceleration under Paragraph 23 hereof or abandonment <br />of the Property, have the right to collect and retain such rents as they become due and payable. <br />27. SECURITY AGREEMENT AND FINANCING STATEMENT UNDER UNIFORM <br />COMMERCIAL CODE. This Security Instrument encumbers, and Borrower hereby grants Lender a <br />security interest in, Borrower's interest in all personal property of any kind whatsoever, whether tangible or <br />intangible, whether or not any such personal property is now or becomes a "fixture ", which is used or will <br />be used in construction of, or is or will be placed upon or is derived from or used in any connection with the <br />use, occupancy or enjoyment of the Property. Such personal property ( "Collateral ") shall include those <br />items as shown on the attached Exhibit "B ". <br />"Fixtures" shall include all articles of personal property, furniture and furnishings which are so <br />related to the Property such that an interest arises in them under the real estate laws of the State of <br />Nebraska. To the extent of the existence of Collateral encumbered by this Security Instrument, this <br />Security Instrument shall constitute a security agreement and when filed with the Nebraska Secretary of <br />State and in the real property records of the county where the Property is situated is intended to create a <br />perfected security interest in such Collateral in favor of Lender and to constitute a "fixture filing" in <br />accordance with the provisions of Nebraska Uniform Commercial Code. This Security Instrument shall be <br />self - operative with respect to such Collateral, but Borrower agrees to execute and deliver on demand such <br />security agreements, financing statements and other instruments as Lender may request in order to impose <br />the lien hereof more specifically upon any such Collateral and to pay the recording and/or filing fees <br />associated therewith. For purpose of treating this Security Instrument as a security agreement and <br />financing statement, Lender shall be deemed to be the Secured Party and Borrower shall be deemed to be <br />the Debtor. <br />28. RECONVEYANCE. Upon payment of all sums secured by this Security Instrument, Lender <br />shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all Notes <br />evidencing indebtedness secured by this Security Instrument to Trustee. Trustee shall reconvey the <br />Property without warranty and without charge to the person or persons legally entitled thereto. Such <br />person or persons shall pay all costs of recordation, if any. <br />29. SUBSTITUTE TRUSTEE. Lender, at Lender's option, may from time to time by an <br />instrument recorded in the Register of Deeds' office of the County in which this Security Instrument is <br />recorded and otherwise in accordance with the provisions of Neb. Rev. Stat. § 76 -1004 remove Trustee <br />and appoint a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property, <br />the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and <br />by applicable law. <br />30. OTHER DOCUMENTS. The undersigned has also executed other Loan Documents <br />simultaneously with the Note and this Security Instrument. The parties hereto agree that said Loan <br />Documents shall survive the closing, and that a default or violation of any one Loan Document is a default <br />10 <br />