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201002922 satisfactory to Master Collateral Agent and, at the request of Master Collateral Agent, shall be delivered to and held by Master Collateral Agent. If any act or occurrence of any kind or nature (including any casualty for which insurance was not obtained or obtainable) shall result in damage to or destruction of the Property (such event being called a "Loss"), Subsidiary will give prompt written notice thereof to Master Collateral Agent. All insurance proceeds paid or payable in connection with any Loss shall be paid to Master Collateral Agent. Any insurance maneys received by Master Collateral Agent pursuant to this Section 4 may at the option of Master Collateral Agent be applied to rebuilding or repairing the Property, or be paid to Subsidiary, or any such moneys or any insurance moneys received by Master Collateral Agent upon the death of any person whose life is insured under any policy of insurance assigned to Master Collateral Agent as security for the obligations of Subsidiary hereunder may be applied in the sole discretion of Master Collateral Agent, in whole or in part, to the repayment of the principal amount hereby secured or any part thereof whether then due or not, with any partial payments to be credited against principal installments payable hereunder in inverse order of their maturity dates. 5. USE OF PROPERTY. Unless required by applicable law or unless Master Collateral Agent has otherwise agreed in writing, Subsidiary shall not allow changes in the use for which all or any part of the Property was intended at the time this Instrument was executed. Subsidiary shall not, without Master Collateral Agent's prior written consent, (i) initiate or acquiesce in a change in the zoning classification (including any variance under any existing zoning ordinance applicable to the Property), (ii) permit the use of the Property to become a non-conforming use under applicable zoning ordinances, (iii) file any subdivision or parcel map affecting the Property, or (iv) amend, modify or consent to any easement or covenants, conditions and restrictions pertaining to the Property. 6. PROTECTION OF MASTER COLLATERAL AGENT'S SECURITY. If Subsidiary fails to perform any of the covenants and agreements contained in this Instrument, or if any action or proceeding is commenced which affects the Property or title thereto or the interest of Master Collateral Agent therein, including, but not limited to, eminent domain, insolvency, code enforcement, or arrangements or proceedings involving a bankrupt or decedent, then Master Collateral Agent at Master Collateral Agent's option may make such appearances, disburse such sums and take such action as Master Collateral Agent deems necessary, in its sole discretion, to protect Master Collateral Agent's interest, including, but not limited to, (i) disbursement of attorneys' fees and (ii) entry upon the Property to make repairs, (iii) procurement of satisfactory insurance as provided in Section 4 hereof. Any amounts disbursed by Master Collateral Agent pursuant to this Section 6, with interest thereon, shall become additional Indebtedness of Subsidiary secured by this Instrument. Unless Subsidiary and Master Collateral Agent agree to other terms of payment, such amounts shall be immediately due and payable and shall bear interest from the date of disbursement at the highest rate which may be collected from Subsidiary under applicable law or, at Master Collateral Agent's option, the rate or rates stated in the Benefited Creditor Documents. 7 (Grand Island, Hall County, Nebraska) 10476803.5 14451-2246