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200605274 The Property includes both real property and Fixtures and all other rights and interests, whether tangible or intangible in nature, of Borrower in the Property. By executing and delivering this Security Instrument, Borrower hereby grants to Lender and Trustee, as security for the Secured Obligations (hereinafter defined), a security interest in the Fixtures to the full extent that the Fixtures may be subject to the Uniform Commercial Code. Section 1.4 FIXTURE FILING. Certain of the Property is or will become "fixtures" (as that term is defined in the Uniform Commercial Code) on the Land, and this Security Instrument, upon being filed for record in the real estate records of the city or county wherein such fixtures are situated, shall operate also as a financing statement filed as a fixture filing in accordance with the applicable provisions of said Uniform Commercial Code upon such of the Property that is or may become fixtures. Section 1.5 CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto Trustee for and on behalf of Lender and to the use and benefit of Lender and Trustee and their successors and assigns, forever; IN TRUST, WITH POWER OF SALE, to secure payment to Lender of the Obligations at the time and in the manner provided for its payment in the Note and in this Security Instrument. UPON CONDITION that, so long as no Event of Default has occurred and is continuing, Borrower shall be permitted to possess and use the Property and to use the rents, issue, profits, revenues and other income of the Property as provided or permitted by the terms of this Security Instrument, the Loan Agreement and the other Loan Documents; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Obligations at the time and in the manner provided in the Note, the Loan Agreement and this Security Instrument; shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, the Loan Agreement and the other Loan Documents, these. presents and the estate hereby granted shall cease, terminate and be void; provided, however, that Borrower's obligation to indemnifY and hold harmless Lender pursuant to the provisions hereof shall survive any such payment or release. Article 2 - SECURED OBLIGATIONS Section 2.1 OBLIGA nONS. This Security Instrument and the grants, assignments and transfers made in Article 1 are given for the purpose of securing all debts and obligations to be secured by this Security Instrument, including the' Debt. and any other 0 bHgationsunderthe Nate, the Loan Agreement or any other Loan Document and the peifonnance of all Oilier Obligations (as hereinafter defined) (the "Obligations';). ' Section 2.2 OTIIER OBLIGATIONS. ThiSd SecUrity Instrument. and the grants; assigninentsand transfers made in Articlel are : also given for theputp6se 'of secUring the '. perfofman:ce df the following' (the "Other . Obligations"): {it) all othei<oblfgatiotis of Borrower contained'herein; (b) each obligation of Botrower contained in the Loan Agreement, the Note and any other Loan Document; and (c) each obligati9n of Borrower contained' ~ any renewal, extension, . amendment, modification, consolidation, change of,'orsulJstitlltion or replacement f6r;allor any part of the Note, the Loan Agreement odiny-othei-Loall'DocUriient. . . . 5 Nebraska [WW; NYLEGAL:505604.2] 20528-00030 05/13/200602:00'PM