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200205500 <br />Justice or third parties relating to the ADA. Borrower hereby agrees to indcrnnily and hold harmless the <br />Lender, its directors, officers, employees and agents, and any successor to Lender's interest, from and <br />against any and all claims, damages, losses and liabilities arising in connection with the violation of the <br />ADA. THE FOREGOING WARRANTIES AND REPRESENTATIONS, AND BORROWER'S <br />OBLIGATIONS PURSUANT TO THE FOREGOING INDEMNITY, SHALL SURVIVE THE <br />REPAYMENT OF THE NOTE AND THE RECONVEYANCE OF THIS DEED OF TRUST. <br />10. PROTECTION OF LENDER'S SECURITY. If Borrower fails to perform the covenants <br />and agreements contained in this Deed of Trost or in any other Loan Document, or if any action or <br />proceeding is commenced which materiallN' affects Lender's interest in the Property, including, but not <br />limited to, eminent domain. insolveaCv, enforcement of laws or regulations, or arrangements or proceedings <br />i[rvolving a bankrupt or decadent, then Lender at Lender's option, may make such appearances, disburse <br />such sums and take such action as is ncahssary to protect Lender's interest, including but not limited to, <br />incurrence of attomevs' fees and entry upon the Pmperly to make repairs. <br />Any amounts disbursed by Lender pursuant to this Paragraph 10, with Interest thereon, shall <br />become additional indeble dress of Bm rower secured by this Deed of Trust. Unless Borrower and Lender <br />agree to other terns of payment, such amounts shall be payable upon notice from Lender to Borrower <br />requesting payment thereof, and shall bear intcrest from the date of disbursement at the rate of <br />FOURTEEN AND ONE -IIALF PERCENT (1450%), unless payment of interest at such rate would be <br />contrary to applicable law, in which event such amounts shall bear interest at the highest rate permissible <br />under applicable law. Nothing contained in this Paragraph 10 shall require Lender to incur any expense or <br />take any action hereunder. <br />11. INSPECTION. Lender may make or cause to be made reasonable entries upon and <br />inspections of tic Property, provided that Lender shall give Borrower notice prior to any such inspection <br />specifying reasonable cause thereof related to Lender's interest in the Property. <br />12. REPRESENTATIONS AND WARRANTIES OF BORROWER. In order to induce <br />Lender to execute and deliver this Deed of Trust and perform hereunder, Borrower makes the Poll ping <br />representations and warranties to Lender, which representations and warranties shall remain in uffict <br />throughout the term of [his Dccd of Trust, and shall survive and shall be unaffected by any investigations, <br />inspections or inquiries made by Lcndcr, the recording of any of the Loan Documents, or the performance <br />by Lender and Borrow or hereunder: <br />(a) Organization. Borrower is duly organized, validly existing and in good <br />standing as a corporation under the laws of the State of Nebraska, is qualified, in good <br />standing, and authorized to do business in each of the jurisdictions in which the nature of <br />its activities or properties require such authorization, and has fall power mid authority to <br />own its properties, carry on this business as now being conducted, and to enter into, deliver <br />and perform under this Deed of Trust, <br />(b) Authorization_ The execution and delivery of this Deed of Trust and the <br />satisfaction of Borrmver's obligations hcrcunder have been duly authorized by all <br />necessary corporation action in accordance with the laws of the State of Nebraska. Each <br />of the Loan Documents, upon execution and delivery to Lender, constitutes a legally valid <br />and binding agreement of Borrower, enforceable against Borrower in accordance with its <br />tarns, except as such enforcement may be qualified or limited by bankruptcv, insolvency, <br />or other similar laws alTccting creditors' rights in general <br />(e) No Contravention: The execution, dcliverv, and performance of this Deed of <br />Trust by Borrower will not, immediately or with the passage of lime, the giving of notice <br />or otherwise, result m in the breach of or constitute a default under, or in anv manner <br />release any partv thereto from, or accelerate ran obligations under, nn of the terms or <br />provisions of ang lease, security agreement, mortgage, note, indenture, deed of trust, <br />license, permit, contract, agreement, or other instrument or document of any kind or nature <br />to which Borrower is a partv of by which it or its property is bound or affected, or anv, <br />restriction to which it or its property is subjccl. (ii) tic creation a acceleration of anv lien <br />or encumbrance on the property of Borrower, (iii) a violation of any order, writ injunction, <br />or decree by which Borrower is bound of any court, administrative agency, or <br />governmental body, or (iv) the breach of the terns of Borrower's Articles of Incorporation <br />and Bylaws. <br />