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"Deed of Trust" is defined in the Preamble. 200305579 "Default" means any condition or event which constitutes an Event of Default or which with the giving of notice or lapse of time or both would, unless cured or waived, become an Event of Default. "Deposits" is defined in Granting Clause IX. "Equipment" is defined in Granting Clause III. "Event of Default" means an Event of Default as defined in the Credit Agreement. "Grantor" is defined in the Preamble. "Hazardous Substance" is defined in Section 2.05. "Impositions" is defined in Section 2.03. "Improvements" is defined in Granting Clause II. "Insurance Policies" means the insurance policies and coverages required to be maintained by the Grantor with respect to the Property pursuant to the Credit Agreement. "Insurance Proceeds" means, at any time, all insurance proceeds or payments to which the Grantor may be or become entitled by reason of any Casualty under the Insurance Policies with respect to the Property plus (i) the amounts of any deductibles under such Insurance Policies; (ii) if the Grantor fails to maintain any of such Insurance Policies, the amounts which would have been available with respect to such Casualty had the Grantor maintained such Insurance Policies; and (iii) all insurance proceeds and payments to which the Grantor may be or become entitled by reason of any Casualty under any other insurance policies or coverages maintained by the Grantor with respect to the Property. "Insurance Requirements" is defined in Section 2.04. "Interest Rate" means, for any day, the lesser of the Base Rate for such day plus 2% or the maximum rate permitted by law. "Issuing Bank" is defined in Recital A. "Land" is defined in Granting Clause I. "Lease" means any lease, tenancy, subtenancy, license, franchise, concession or other occupancy agreement relating to the Property, together with any guarantee of the obligations of the landlord or the tenant thereunder, or any (NY) 04675/1 20/REALNEBRASKA/form.dot.NE.doc 12