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<br />Mortgagor also waives the benefit of all laws now existing or that may hereinafter be
<br />enacted providing for (i) any appraisal before sale of any portion of the Premises, and (ii) in any
<br />way extending the time for the enforcement and collection of the Note or this Deed of Trust or
<br />creating or extending a period of redemption from any sale made in collecting said debt. To the
<br />full extent Mortgagor may do so, Mortgagor agrees that Mortgagor will not at any time insist
<br />upon, plead, claim or take the benefit or advantage of any law now or hereafter enforced
<br />providing for any appraisal, evaluation, stay, extension or redemption and Mortgagor, to the
<br />extent permitted by law, waives and releases all rights of redemption, valuation, appraisal, stay
<br />of execution, notice of election to mature or declare due the whole of this Deed of Trust and
<br />marshaling in the event of foreclosure of the liens hereby created.
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<br />8.8 Acknowledgment of Waiver of Hearing Before Sale.
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<br />Mortgagor understands and agrees that if an Event of Default shall occur, Mortgagee has
<br />the right, inter alia, to cause the Trustee to foreclose this Deed of Trust by power of sale pursuant
<br />to Nebraska law; and that if Mortgagee elects to cause the Trustee to foreclose by power of sale,
<br />the Trustee may cause the Premises, or any part thereof, to be sold at public auction. Mortgagor
<br />further understands that upon the occurrence of an Event of Default, Mortgagee may also elect
<br />its rights under the Uniform Commercial Code and take possession of the Collateral and dispose
<br />of the same by sale or otherwise in one or more parcels provided that at least ten (10) days prior
<br />notice of such disposition must be given, all as provided for by the Uniform Commercial Code,
<br />as hereafter amended or by any similar or replacement statute hereafter enacted.
<br />MORTGAGOR HEREBY EXPRESSLY CONSENTS AND AGREES THAT THE PREMISES
<br />MAY BE FORECLOSED BY POWER OF SALE AND THAT THE PERSONAL PROPERTY
<br />MAY BE DISPOSED OF PURSUANT TO THE UNIFORM COMMERCIAL CODE, ALL AS
<br />DESCRIBED ABOVE. MORTGAGOR ACKNOWLEDGES THAT IT IS REPRESENTED
<br />BY LEGAL COUNSEL; THAT BEFORE SIGNING THIS DOCUMENT THIS SECTION
<br />AND MORTGAGOR'S CONSTITUTIONAL RIGHTS WERE FULLY EXPLAINED BY
<br />SUCH COUNSEL AND THAT MORTGAGOR UNDERSTANDS THE NATURE AND
<br />EXTENT OF THE RIGHTS WAIVED HEREBY AND THE EFFECT OF SUCH WAIVER.
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<br />9. HAZARDOUS MATERIALS
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<br />9.1 Definitions.
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<br />The term "Hazardous Materials or Wastes" shall mean any hazardous or toxic materials,
<br />pollutants, chemicals, or contaminants, including without limitation asbestos, polychlorinated
<br />biphenyls (PCBs) and petroleum products as defined, determined or identified as such in any
<br />Laws, as hereinafter defined. The term "Laws" means any federal, state or local laws, rules or
<br />regulations (whether now existing or hereinafter enacted or promulgated) including, without
<br />limitation, the Clean Water Act, 33 U.S.c. ~~ 1251 ~. (1972), the Clean Air Act, 42 U.S.C.
<br />~~7401 et. seq. (1970), the Comprehensive Environmental Response, Compensation, and
<br />Liability Act of 1980, as amended, 42 U.S.C. Subsection 9601 et. seq., and The Resource
<br />Conservation and Recovery Act, 42 U.S.c. Subsection 6901 et. seo., any similar state laws, as
<br />well as any judicial or administrative interpretation thereof, including any judicial or
<br />administrative orders or judgments.
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<br />Doo# 2675364\2
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