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200305038 Section 2.11. Compliance With Instruments. The Grantor shall promptly perform and observe, or cause to be performed and observed, all of the terms, covenants and conditions of all other instruments affecting the Property if the failure to so perform or observe would have a Material Adverse Effect and shall do or cause to be done all things necessary to preserve intact and unimpaired any and all easements, appurtenances and other interests and rights in favor of or constituting any portion of the Trust Property if the failure so to do would have a Material Adverse Effect. ARTICLE 3 INSURANCE, CASUALTY AND CONDEMNATION Section 3.01. Insurance. (a) The Grantor shall maintain, or cause to be maintained with respect to the Property the insurance required by Section 5.02 of the Credit Agreement. The physical damage insurance maintained with respect to the Property shall (i) bear the New York standard non - contributory Deed of Trust endorsement (or the equivalent thereto) in favor of the Beneficiary as Administrative Agent under the Credit Agreement and (ii) provide that all property losses insured against shall be adjusted by the Grantor, subject to the Beneficiary's rights pursuant to Section 3.02. The public liability insurance maintained with respect to the Property shall name the Beneficiary and Secured Parties as additional insureds. All insurance maintained by the Grantor with respect to the Property shall provide that (A) no cancellation or material change thereof shall be effective until at least 30 days after receipt by the Beneficiary of written notice thereof; and (B) all losses shall be payable notwithstanding any foreclosure or other action or proceeding taken pursuant to this Deed of Trust. (b) The Grantor shall furnish to the Beneficiary not later than 15 days prior to the expiration date of each policy required to be maintained by the Grantor hereunder, an insurance certificate or certificates executed by the insurer or its authorized agent with respect to the new or extended policy. (c) The Grantor may effect such coverage under subsection (a) of this Section under blanket insurance policies covering other properties of the Borrower and its Subsidiaries, provided that (i) any such blanket insurance policy shall specify therein, or the insurer under such policy shall certify to the Beneficiary, (A) the maximum amount of the total insurance afforded by the blanket policy allocated to the Property, and (B) any sublimits in such blanket policy applicable to the Property, which sublimits shall not be less than the amounts required pursuant to this Section; (ii) any such blanket insurance policy shall comply in all respects with the other provisions of this Section; and (iii) the protection afforded under any such blanket insurance policy shall be no less than that which would have been afforded under a separate policy relating only to the Property. 22 (NY) 04675/ 120 /REAL/NEBRASKA/form.dot.NE.doc