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<br />ANY OTHER PARTY THAT THE PROVISIONS OF THIS PARAGRAPH WILL NOT BE
<br />FULLY ENFORCED IN ALL INSTANCES.
<br />SECTION 10.19 Minimum Requirement.
<br />Trustor recognizes that the requirements imposed upon Trustor hereunder, including,
<br />without limitation, insurance requirements, are minimum requirements as determined by
<br />Beneficiary and do not constitute a representation that the requirements are complete or
<br />adequate. Trustor understands that it is Trustor's duty and responsibility to act prudently and
<br />responsibly at all times for Trustor's protection and for the protection of the Premises.
<br />SECTION 10.20 Cross Default.
<br />In addition to being secured by this Deed of Trust, the loan evidenced by the Note is
<br />secured by Deeds of Trust and Security Agreement and Fixture Financing Statement with
<br />Assignment of Leases and Rents dated of even date herewith from Chief Industries, Inc. and
<br />Eagle Crest Homes, Inc. for the benefit of Beneficiary for Hall County, Nebraska property ( "Hall
<br />County Deeds of Trust "); a Deed of Trust and Security Agreement and Fixture Financing
<br />Statement with Assignment of Leases and Rents dated of even date herewith from Chief
<br />Transportation Products, Inc. for the benefit of Beneficiary for Douglas County, Nebraska
<br />property ( "Douglas County Deed of Trust "); a Deed of Trust and Security Agreement and
<br />Fixture Financing Statement with Assignment of Leases and Rents dated of even date herewith
<br />from Chief Ethanol Fuels, Inc. for the benefit of Beneficiary for Adams County, Nebraska
<br />property ( "Adams County Deed of Trust "); and a Mortgage and Security Agreement and Fixture
<br />Financing Statement with Assignment of Leases and Rents dated of even date herewith from
<br />Chief Industries, Inc. to Beneficiary for Indiana property ( "Indiana Mortgage "). Eagle Crest
<br />Homes, Inc., Chief Transportation Products, Inc. and Chief Ethanol Fuels, Inc. shall be
<br />collectively referred to as "Other Borrowers." Trustor agrees that should an Event of Default
<br />exist under the terms of the Hall County Deeds of Trust, the Douglas County Deed of Trust, the
<br />Adams County Deed of Trust or the Indiana Mortgage, such Event of Default shall constitute an
<br />Event of Default hereunder entitling Beneficiary to declare the entire unpaid principal amount
<br />together with accrued interest to be immediately due and payable and to exercise the remedies
<br />available under the Note, this Deed of Trust, the Hall County Deeds of Trust, the Douglas
<br />County Deed of Trust, the Adams County Deed of Trust and the Indiana Mortgage. It is
<br />understood that the Beneficiary is not required to exercise any of the remedies available under
<br />the Hall County Deeds of Trust, the Douglas County Deed of Trust, the Adams County Deed of
<br />Trust or the Indiana Mortgage prior to, simultaneously with or after exercising its remedies
<br />hereunder and may exercise its remedies collectively or individually, at its sole option. It is
<br />specifically covenanted and agreed the Beneficiary may proceed, at the same time or different
<br />times, to foreclose this Deed of Trust, the Indiana Mortgage, the Douglas County Deed of Trust,
<br />the Adams County Deed of Trust or the Hall County Deeds of Trust, by any appropriate
<br />proceedings and that no event of enforcement pursuant to such instruments, including without
<br />limiting the generality of the foregoing, any pending foreclosure, judgment or decree of
<br />foreclosure, foreclosure sale, rents received, possession taken, deficiency judgment or decree or
<br />judgment taken on any note, shall in any way stay, preclude or bar enforcement of the other
<br />remedies contained in this Deed of Trust, the Hall County Deeds of Trust, the Douglas County
<br />Deed of Trust, the Adams County Deed of Trust or the Indiana Mortgage, and Beneficiary may
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