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200904064 (b) The ownership of any Bond and the amount and numbers and other descriptive details of such Bonds and the dates of ownership of the same shall be established by the books of registration maintained by the Trustee. Section 2. This Indenture may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. Section 3. If any provisions of this Indenture shall be held or deemed to be or shall, in fact, be inoperative or unenforceable as applied in any particular case, for any reason, such circumstance shall not have the effect of rendering the provision in question inoperative or unenforceable in any other case or circumstance, or of rendering any other provision or provisions herein contained invalid, inoperative or unenforceable to any extent whatever. The invalidity of any one or more phrases, sentences, clauses or paragraphs in this Indenture contained shall not affect the remaining portions of this Indenture or any part thereof. Section 4. The Trustee, for the benefit of the holders of the Bonds, shall be subrogated to lien, although released of record, of any and all encumbrances satisfied out of the proceeds of the Bonds. This Indenture creates a continuing lien to secure the full and final payment of the Bonds and the full observance of all covenants and agreements of the Corporation as contained in this Indenture. Section 5. This Indenture is intended to be a security agreement and financing statement pursuant to the Nebraska Uniform Commercial Code and the Nebraska Construction Lien Act covering the Corporation's interest in the real estate described on Exhibit A hereto attached, including its interest in the Easement Agreement and in addition, all of the Corporation's goods which may become fixtures and fixtures, furniture and equipment located on or used or intended for use in connection with the Project and any substitution for or proceeds of any of the foregoing described property and the Corporation hereby grants the Trustee a security interest in all such items or types of property. This Indenture (as a real estate mortgage) is sufficient as a financing statement and as a financing statement it shall be filed in the real estate records of Hall County, Nebraska. This Indenture, as such financing statement, covers all of the foregoing described property and also insurance or condemnation proceeds with respect to the Project. In addition, the Corporation will execute and deliver to the Trustee, upon request, any financing statements or amendments thereof or continuation statements thereto that the Trustee may require to perfect or reperfect a security interest in said items or types of property. The Corporation shall pay all costs of preparing and filing such instruments. The following sets forth information required by the Nebraska Uniform Commercial Code. Debtor and address: Central Community College Facilities Corporation 3134 West Highway 34 Grand Island, Nebraska 68801 USA Nebraska nonprofit corporation 25