Srx-rroN 2.04. For purposes of this Article Two
<br />$7-• 100441
<br />"Indebiedsas" of any corporation shall include all obligations of such corporation which in
<br />socordanoe with generally accepted a000unting principles shall be classified upon a balance sheet
<br />of such corporation as liabilities of such oorporation, and in any event shall include all (a) debt
<br />and other simil ar monetary obligations of such corporation, (b) obligations secured by any lien or
<br />other charge upon property or assets owned by such corporation, even though such oorporation
<br />has Dot assumed or become liable for the payment of such obligations, (c) obligations created or
<br />arising under any conditional sale or other title retention agreement with respect to property
<br />acquired by such corporation, notwithstanding the fact that the rights and remedies of the seller,
<br />lender or lessor under such agreement in the event of default are limited to repossession or sale of
<br />property, (d) obligations incurred in connection with the acquisition of assets and (e) all
<br />guarantees, endorsements (other than for purposes of collection) and other contingent obligations
<br />in respect of, or to purchase or otherwise acquire or service, indebtedness of others.
<br />Funded Debt' shall mean all Indebtedness having a final maturity of more than one year
<br />from the date of creation thereof (or which is renewable or extendible at the option of the obligor
<br />for a period or periods more than one year from the date of creation), and shall also include any
<br />portion thereof which is properly included in current liabilities.
<br />"Secured Debt" shall mean all Indebtedness secured by a mortgage (including the Indenture),
<br />charge, security interest, pledge or encumbrance of any kind on property or assets or by any title
<br />retention agreement.
<br />"Total Capitalization" shall mean the sum of (i) the total par or stated value of all classes of
<br />capital stock then issued and outstanding, (ii) all surplus other than surplus resulting from
<br />revaluation of capital assets and (iii) all Funded Debt.
<br />ARTICLE THREE
<br />ADDITIONAL PROPERTY
<br />SEcr1oN 3.01. In consideration of the premises and the sum of One Dollar in hand paid by the
<br />Trustee to the Company upon the execution and delivery of this Tenth Supplemental Indenture, the
<br />receipt whereof is hereby acknowledged, and in order to secure payment of the principal of and
<br />interest on all bonds issued under the Original Indenture as supplemented or amended by the First,
<br />Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth and Ninth Supplemental Indentures and by this
<br />Tenth Supplemental Indenture according to the tenor or effect of such bonds and the terms of the
<br />Original Indenture as supplemented by the First, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth
<br />and Ninth Supplemental Indentures and by this Tenth Supplemental Indenture, the Company does
<br />hereby grant a security interest to the Trustee and its successors in trust in all properties, goods,
<br />rights and privileges hereinafter described in which a security interest can be created under the
<br />Nebraska Uniform Commercial Code, subject to the exceptions and reservations hereinafter provided,
<br />and has granted, bargained, sold, warranted, conveyed, transferred, mortgaged, pledged and assigned
<br />and by these presents does grant, bargain, sell, warrant, convey, transfer, mortgage, pledge and assign
<br />unto the Trustee and its successors in the said trust, subject to the terms of the Original Indenture, all
<br />and singular the properties, rights, privileges, franchises and interests of every kind of the Company,
<br />whether now owned or hereafter acquired (except as herein otherwise expressly provided), including
<br />particularly the following, but reference to or enumeration of any particular kind, class or item of
<br />property of the Company shall not be deemed to exclude from the operation of this Tenth
<br />Supplemental Indenture any kind, class or item not so referred to or enumerated:
<br />SL*eDrvrslON 1.
<br />All and singular the telephone systems and properties of the Company located in and
<br />connecting and serving the following municipalities and territory adjacent thereto in the State of
<br />10
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