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200709152 the performance of any obligation, covenant or agreement contained in the Leases, Grantor shall have a license (which license shall terminate automatically and without notice upon the occurrence of an Event of Default or a default by Grantor under the Leases) to collect, but not prior to accrual, all Rents. Grantor agrees to collect and hold all Rents in trust for Lender and to use the Rents for the payment of the cost of operating and maintaining the Property and for the payment of the other Obligations before using the Rents for any other purpose. This assignment is made pursuant to Neb. Rev. Stat. @52-1701, et. seq., and the Obligations and any future advances and protective advances are secured by present, future and after-arising or acquired Property. Section 2.3 Security Al!reement, Fixture Filinl! and Financinl! Statement. This Deed of Trust creates a security interest in the Personalty, and, to the extent the Personalty is not real property, this Deed of Trust constitutes a security agreement from Grantor to Lender under the Uniform Commercial Code of the State. In addition to all of its other rights under this Deed of Trust and otherwise, Lender shall have all of the rights of a secured party under the Uniform Commercial Code of the State, as in effect from time to time, or under the Uniform Commercial Code in force from time to time in any other state to the extent the same is applicable Law. This Deed of Trust shall be effective as a financing statement filed as a fixture filing with respect to all fixtures included within the Property and is to be t1led for record in the real estate records of each county where any part of the Property (including such fixtures) is situated. This Deed of Trust shall also be effective as a financing statement with respect to any other Property as to which a security interest may be perfected by the t1ling of a financing statement and may be t1led as such in any appropriate filing or recording office. The respective names and mailing addresses of Grantor and Lender are set forth in the opening paragraph of this Deed of Trust. A description of the collateral is set forth above, including, but not limited to Section 2.1 above. Grantor is the record owner of the Real Property, which is described in Exhibit A attached to this Deed of Trust. A carbon, photographic or other reproduction of this Deed of Trust or any other financing statement relating to this Deed of Trust shall be sufficient as a financing statement for any of the purposes referred to in this Section. Grantor hereby irrevocably authorizes Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable Law, reasonably required by Lender to establish or maintain the validity, perfection and priority of the security interests granted in this Deed of Trust. The foregoing authorization includes Grantor's irrevocable authorization for Lender at any time and from time to time to file any initial financing statements and amendments thereto that indicate the Personalty (a) as "all assets" of Grantor or words of similar effect, regardless of whether any particular asset comprised in the Personalty falls within the scope of the Uniform Commercial Code of the State or the jurisdiction where the initial financing statement or amendment is filed, or (b) as being of an equal or lesser scope or with greater detail. Section 2.4 Release of Deed of Trust and Termination of Assignments and Financinl! Statements. On satisfaction of all of Grantor's Obligations, and on written request of Lender stating that all sums secured hereby have been paid, and on surrender of this Deed of Trust to Trustee for cancellation, Trustee shall reconvey to Grantor or the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. Section 2.5 Future Advances. This Deed of Trust is given for the purpose of securing the Notes and the other Obligations and other extensions of credit given and protective advances made by Beneficiary under the Note, the Loan Agreement, or any other Loan Document. The parties intend that this Deed of Trust shall secure all Error! Unknown document property name. 9