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<br />I <br /> <br />R8~,~ 102043 <br />property shall not exhaust Holder's power or .Sale, but Sales <br />may be made from time to time until the Secured Indebtedness is <br />paid and performed in full. Reasonable notification of the <br />time and place of any public Sale pursuant to this Section 4.2. <br />or reasonable notification of the time aEter which any private <br />Sale is to be made pursuant to this Section 4.2, shall be sent <br />to Trustor and to any other person entitled under the Uniform <br />Conunercial Code of the State of Nebraska (the "Code") to <br />notice; provided that if the fixtures or personal property, or <br />part thereof, being sold is perishable, or threatens to decline <br />speedily in value or is of a type customarily sold on a <br />recognized market, Holder may sell, lease or otherwise dispose <br />of such fixtures or personal property, or part thereof, being <br />sold, leased or otherwise disposed of without notification, <br />advertisement or other notice of any kind. It is agreed that <br />notice sent or given not less than five (5) calendar days prior <br />to the taking of the act ion to which the notice relates, is <br />reasonable noti fica t ion and not ice Eo r t he purposes of thi s <br />Section 4.2. <br /> <br />4.3 Holder may surrender the insurance pOlicies maintained <br />pursuant to the Loan Agreement, or any part thereof, and <br />receive and apply the unearned premiums as a credit on the <br />Secured Indebtedness other than those premiums reimbursed to <br />Trustor by any Lessee (defined herein), and, in connection <br />therewith, Trustor hereby appoints Holder as the agent and <br />attorney-in-fact for Trustor to collect such premiums. Holder <br />shall have no obligation to keep any insurance in force with <br />respect to the Mortgaged Property or any part thereof. <br /> <br />4.4 Holder may retain any or all of the Mortgaged Property <br />which is fixtures or personalty in satisfaction of the Secured <br />Indebtedness whenever the circumstances are such that Holder is <br />entitled to do so under the Code. <br /> <br />4.5 Ho lder may apply the reserves, if any, requi red by <br />Section 6.6 hereof, toward payment of the Secured Indebtedness. <br /> <br />4.6 Holder may buy the fixtures or personal property, or <br />any part thereof, at any private Sale if the fixtures or <br />personal property, or part thereof, being sold are a type <br />customarily sold in a recognized market or are a type which 1S <br />the subject of widely distributed standard price quotations. <br /> <br />4.7 In addition to any right or remedy granted to Holder <br />hereunder, Holder shall have and may exercise ar.y and all other <br />rights and remedies which Holder may have at law or in equity, <br />or by virtue of any other security instrument, or under the <br />Code, or otherwise. <br /> <br />- 8 - <br /> <br />L <br /> <br />~ <br /> <br />L <br />