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<br />- or Bcneficinry�us the cu1c miiy be. immediutGly.�II rcuson,�blc costs,churges,expenscs _
<br /> nnd aU�rncy's fc�s incurrcd by Trustco ar �cr�ficiary, itti l{IL`CUtiC IllilY UE, in uny suc;h , .
<br /> � catie, iuid the su�ne shull constituee tio much udditianul indebtedness her�by tiecured .� •
<br /> puyublc upon dcn�iuid wfth intcrest ut thc[�cf:�ult Riitc. , '
<br /> � ° 2fi. Mo�elJ7�:uttons Nat tn Affect Lien. Trustee und 9eneficiary, without � �
<br /> " notice to unyone. und without regard eo tltc cansideration. if uny, paid therefor� or the �
<br /> �� presence of ather liens on the Mong�ged Premiscs, muy in Beneficitu•y`s discretion � �� "-`'�-
<br /> ' relense sny purt of the Mortguged Premiscs ar uny person liuble for any of the .�
<br /> indebtedne�s hereby securecl or an,y other wllnteral security therefor, extend the time � �_�
<br /> of pa yment of an y of the indebtedness heteby secured, �rant waivers or other �� �.��
<br /> indulgences with respect hereto and thereto, and agree with Grantar to modifications -
<br /> � to the terms and conditions contained herein or otherwise applicable to any of the `� r
<br /> indebtedness hereby secured(including modifications in the rates of interest applicable �:'�''`
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<br /> thereto), without in uny way affecting or irnpairing the liability of any party liable ,.�,�.%�,—
<br /> upon any uf the indebtedness hereby secured or the priority of the lien of this �
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<br /> --- In�Pnt.zr� tzpon all of thP M�rt�aged Prernises not expressly released, and any party L.._ � �___ ,
<br /> acquiring any direct or indirect interest in the Mortgaged Premises shall take same „�' '�
<br /> �:
<br /> subject to all of the provisions hereof. �. '�
<br /> � 27. Nottces. All communications provided for herein shall be in writing and � ' �:,
<br /> shall be deemed to have been given when delivered gersonally or three days after I .:�,� '
<br /> . being deposited in the United States first class mail, postage prepaid, addressed if to �• . �
<br /> ` the Grantor, at 1020 Locust Street, Des Nioines, Iowa 50309, Attention: C. Dean ; ��-` f
<br /> Carlson, if to the Beneficiary, at 111 West Monroe Street, Chicago, Illinois , � 'k
<br /> 60690.Attention: Agribusiness Division, if to the Trustee at 222 South Ninth Street, � �
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<br /> � Suite 860,Minneapolis,Minnesota 55402, if to the Lenders at their addresses as shown �'' �:
<br /> on the signature pages of the Credit Agreement or to such other and different address o�- �
<br /> as shall be designated by any such party pursuant to a written notice given to each ,
<br /> �. other party in accordance with the provisiosis of this Section 27. The parties hereto 5',;.
<br /> . ' hcrcby rcquest that copies of all notices of default and notices uf sale hereunder be � �
<br /> mailed to them in accordance with this Section 27 at the time required for mailing of f �;
<br /> ' notices of default and notices of sale under I�Teb. Rev. Stat.§76-1001 et seq. i � � �
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<br />'7 . � Notwithstanding any other provision hereof, any notice given by the Grantor to , �
<br /> the Bene�ciary or to the Trustee electing to terminate the operation of this Indenture � ' �
<br /> , as security for future advances or future obligations pursuant to the laws of the State �
<br /> � wherein the Mortgaged Premises is located shall be deemed received by the
<br /> • � Beneficiary or the Trustee for purposes ttzereof only upon actual receipt of such ;
<br />_ notice by the Beneficiary and any request for creation of any such obligation shall be � •
<br /> , deemed a representation by the Grantor that no such notice has been given. In the
<br /> event the Grantor shall at any time deliver or cause to be delivered to the Beneficiary
<br /> ar the Trustee a noticP pursuant to the laws of the State wherein the NIortgaged
<br /> Premises is located electing to terminate the operation of this Indenture as security for
<br /> � future advances or future obligations made or incuned after the date of such notice,
<br /> then upon receipt of such notice the Beneficiary (and the holder of the Notes if other �.
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