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200605846
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Last modified
7/3/2006 8:31:12 AM
Creation date
7/3/2006 8:31:09 AM
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DEEDS
Inst Number
200605846
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<br />200605846 <br /> <br />deposit in the mail in the continental United States, postage prepaid, addressed to the party to receive such <br />notice at the address set forth below, and if sent by overnight courier shall be deemed received on the day <br />on which such notice is actually received by the party to whom it is addressed or the date delivery is <br />refused, either as indicated in the records of such courier service. Notice of change of address shall be <br />given by written notice in the manner set forth in this paragraph. <br /> <br />Notice to Borrower shall be addressed to: <br /> <br />Bag 'N Save, Inc. <br />4347 South 96th Street <br />Omaha, Nebraska 68127 <br /> <br />Notice to Lender shall be addressed to: <br /> <br />First National Bank of Omaha <br />One First National Center <br />1620 Dodge Street <br />Omaha, Nebraska 68197 <br /> <br />24. SUCCESSORS AND ASSIGNS BOUND; AGENTS. The covenants and agreements <br />herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns <br />of Lender and Borrower, subject to the provisions of this Instrument. In exercising any rights hereunder <br />or taking any actions provided for herein, Lender may act through its employees, agents or independent <br />contractors as authorized by Lender. <br /> <br />25. GOVERNING LAW. This Instrument is made pursuant to and shall be construed and <br />governed by the laws of the United States and the rules and regulations promulgated thereunder, and, to <br />the extent the laws of a state are applicable (including laws regarding usury), by the laws of the State in <br />which this Instrument is recorded and the rules and regulations promulgated thereunder. <br /> <br />26. RECONVEY ANCE OR RELEASE. The Trustee named in this Instrument or any <br />successor Trustee thereunder, may charge such fees for each full or partial reconveyance or release of this <br />Instrument as Trustees then customarily charge for such services, and as are authorized or not prohibited <br />by applicable law. <br /> <br />27. SUBSTITUTION OF TRUSTEE. Lender may, from time to time, by instrument in <br />writing substitute a successor or successors to any Trustee named herein or acting hereunder, which <br />instrument executed and acknowledged by Lender and recorded in the office of the recorder of the county <br />or counties where such Real Property is situated shall be conclusive proof of proper substitution of such <br />successor Trustee or Trustees, who shall, without conveyance from the Trustee's predecessor, succeed to <br />all the title, estate, rights, powers and duties as Trustee. Such instrument shall contain the name and <br />address of the Successor Trustee. The procedure herein provided for substitution of Trustee shall not be <br />exclusive of other provisions for substitution provided by law. <br /> <br />28. TRUSTEE. Except as required by law, Trustee is not obligated to notify any party <br />hereto of pending sale under any other instrument or of any action or proceeding in which Borrower, <br />Lender or Trustee shall be a party. <br /> <br />29. TIME OF ESSENCE. Time is of the essence for all of Borrower's obligations <br />hereunder and under the Revolving Loan Agreement and other Loan Documents. <br /> <br />30. WAIVER OF STATUTE OF LIMITATIONS. To the extent permitted by law, <br />Borrower waives all present or future statutes of limitation with respect to any debt, demand or obligation <br />secured hereunder in any action or proceeding for the purpose of enforcing this Instrument or any rights <br />or remedies hereunder. <br /> <br />19 <br />
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