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<br />200605274
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<br />evidencing the Obligations, and encumbering the other Individual Properties, all as more
<br />specifically set forth in the Loan Agreement. Upon the occurrence of an Event of Default,
<br />Lender shall have the right to institute a proceeding or proceedings for the total or partial
<br />foreclosure of this Security Instrument and any or all of the other Security Instruments whether
<br />by court action, power of sale or otherwise, under any applicable provision of law, for all of the
<br />Secured Obligations or the portion of the Obligations allocated to the Property in the Loan
<br />Agreement, and the lien and the security interest created by the other Security Instruments shall
<br />continue in full force and effect without loss of priority as a lien and security interest securing
<br />the payment of that portion of the Obligations then due and payable but still outstanding.
<br />Borrower acknowledges and agrees that the Property and the other Individual Properties are
<br />located in one or more States and counties, and therefore Lender shall be permitted to enforce
<br />payment of the Obligations and the performance of any term, covenant or condition of the Note,
<br />this Security Instrument, the Loan Documents or the other Security Instruments and exercise any
<br />and all rights and remedies under the Note, this Security Instrument, the other Loan Documents
<br />or the other Security Instruments, or as provided by law or at equity, by one or more
<br />proceedings, whether contemporaneous, consecutive or both, to be determined by Lender, in its
<br />sole discretion, in anyone or more of the States or counties in which the Property or any other
<br />Individual Property is located. Neither the acceptance of this Security Instrument, the other Loan
<br />Documents or the other Security Instruments nor the enforcement thereof in anyone State or
<br />county, whether by court action, foreclosure, power of sale or otherwise, shall prejudice or in any
<br />way limit or preclude enforcement by court action, foreclosure, power of sale or otherwise, of the
<br />Note, this Security Instrument, the other Loan Documents, or any other Security Instruments
<br />through one or more additional proceedings in that State or county or in any other State or
<br />county. Any and all sums received by Lender under the Note, this Security Instrument, and the
<br />other Loan Documents shall be applied to the Obligations in such order and priority as Lender
<br />shall determine, in its sole discretion, without regard to the Release Price for the Property or any
<br />other Individual Property or the appraised value of the Property or any Individual Property.
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<br />Article 15 - STATUS OF BORROWER
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<br />Section 15.1 STATUS OF BORROWER. Borrower's exact legal name is correctly set forth
<br />in the first paragraph of this Security Instrument and the signature block at the end of this
<br />Security Instrument Borrower is an organization of the type specified in the first paragraph of
<br />this Security Instrument. Borrower is incorporated in or organized under the laws of the state
<br />specified in the first paragraph of this Security Instrument. Borrower's principal place of
<br />business and chief executive office, and the place where Borrower keeps its books and records,
<br />including recorded data of any kind or nature, regardless of the medium or recording, including
<br />software, writings, plans, specifications and schematics, has been for the preceding four months
<br />(or, if less, the entire period of the existence of Borrower) the address of Borrower set forth on
<br />the first page of this Security Instrument Borrower will not change or permit to be changed (a)
<br />Borrower's name, (b) Borrower's identity (including its trade name or names), (c) Borrower's
<br />principal place of business set forth on the first page of this Security' Instrument, (d) the
<br />corporate, partnership or other organizational~tructure of Borrower, (e) Borrower' s state of
<br />organization, or (f)' Borrower's organizational number, without notifying Lender of such change
<br />in writing at leastthirty (30) days prior to the effective date of such change and, in the case of a
<br />change, in Borrower's, structure, without first obtaining the prior written consent of Lender,
<br />unless such consent is not required pursuant to the other Loan'Documents. If Borrower does not
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<br />Nebraska
<br />[TPW: NYLEGAL:505604.2] 20528-00030 05/131200602:00 PM
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