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<br /> . to principles of conflicts of laws,such state being the state where such documents were � =
<br /> executetl and delivered. `'
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<br /> 41. Default Rate. As used herein,the term "Default Rate" shall mean the rate � ,
<br /> perannum determined by adding 3-1/2%a to the rate announced by �ene�ciary from �
<br /> tirne to tirne as its prime commercial rate,with any change in such rate resulting from I
<br /> � �. a change in said prime commercial rate to be effective as of and or� the date of the
<br /> � relevant change in such prime commercial rate. � .> '�
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<br /> � 42. Agent. Be�►eflciary has becn appointed as agent pursuant ta the Credit , • `
<br /> ." �� Agreement. In acting under or by virtue of this Indenture, Beneficiary shall be '"-
<br /> endtled to all the rights, authority, privileges and immunities provided in �
<br /> Sections 10.1 through 10.5 of the Credit Agreement, all of �vhich provisions of said � �_,
<br /> � Sections 10.1 through 10.5 are incorporateci by reference herein with the same force ';t���
<br /> and effect as if set forth herein. Beneficiary hereby disclaims any representation or • . :� _
<br /> warranty to Lenders concerning the perfection of the security interest geanted :;,�•` _-
<br /> .. hereunder or the value of the Morigaged Prernises. � �
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<br /> 43. Corporate Seal. Grantor hereby states and affirms that Grantor has no -� �. � �—
<br /> . (---- -
<br /> corporate �eal. � . .�
<br /> �� 44. Na Claims Against Trustee or Beneficiary. Nothing contained in this � �, ��
<br /> � ,, Indenture shall constitute any consent or request by Trustee or Beneficiary,express or •
<br /> irnplied, for the performance of any labor or services or the furnishing of any I _,.:;��i';
<br /> materials or other property in respect of the Mortgaged Premises or any part thereof, ; �� ,
<br /> � or be construed to pernut the malcing of any claim against Trustee or Beneficiary in � •
<br /> � respect of labor or services or the furnishing of any materials or other property ar � ° ,�;��:��.
<br /> ° any claim that any lien based on the performance of such labor or services or the . , ''
<br /> ' fumishing of any such materials or other property or any claim that any lien based on f - -r� �
<br /> the performance of such labor or services or the furnishing of any such materials or i ��
<br /> other property is prior to the lien of this Indenture. � " '_
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<br />- µ 45. Security Agreement. It is th� intention of the parties hereto that this � �'
<br /> 7. instrument shall constitute a Security A�reement for the bene�t of Beneficiary within I '�, {,
<br />`�x � � the meaning of the Uniform Cornrnercial Code as enacted in the State of Nebraska •
<br /> �� with respect to the personalty and fixtures comprising a part of the Mortgaged �
<br />_ " Premises,and that a security interest shall attach thereto for the benefit of Beneficiary ,
<br /> tv further secure the indebtedness hereby secured. Grantor hereby authorizes the �
<br /> � < Trustee and/or Bene�ciary to file financing and continuation statements with respect
<br /> , to such collateral in which Grantor has a mortgagable interest, without the signature
<br /> � of Grantor whenever lawful, and upon request, Grantor shall promptly execute
<br /> " financing and continuation statements in form satisfactory to Beneficiary to further
<br /> evidence and secure Beneficiary's interest in such collateral, and shall pay all filing ;
<br /> fees in connection therewith. In the event of a default under this Indenture,Trustee ' �
<br /> � . and/or Bene�ciary, pursuant to the applicable provision of the Uniform Commercial
<br /> ��, Cade, shall have the opdon of proceeding as to both r�al and personal property in .
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