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2�iU[l"���� <br />incurred thereby. All such sums so advanced by the Authority (exclusive of portions of the <br />principal of the indebtedness s�cured thereby) shall be additionally secured by this Recapture <br />Deed nf Trust and shall be due and payable on demand with interest at the rate ta be specified by <br />the Authoxity. The Subaward and other charges provided far herein shall, at the option af the <br />Authority or holder of this Recapture Deed of Trust and the 1602 Agreement securing; the same, <br />become due and payable on the failure of the Grantor to keep and perform any af the covenants, <br />conditians and agreements of said 1602 Agreement. This Recapture Deed of Trust is a <br />construction rn�rtgage under the Nebraska Uniform Cornmercial Code, to secure an obligation <br />incurred far the canstructian af itnprovements on land. This Recapture D�ed of Trust secures a <br />construction loan, and it will be subject to the terrns of the 1602 Agreemetn between Grantor and <br />the Authority. Any materials, equipment ar supplres used or intended for use in the construction, <br />development, or operation of the Prernises, whether stored on or off the Prernises, shall also be <br />subject to the lien of this Recapture Deed of Trust and Grantor, or Grantor's contractor iF <br />Subaward praceeds are paid Co such contractor, shall apply the Subaward proceeds to the <br />payrnent of lawfiil claims for labor and material furnished for such construction. <br />19. Notwithstanding any cantrary provision in this Recapture Deed of Trust or in the <br />1602 Agreement, this is a non-recourse Recapture Deed of Trust and Security Agreement and the <br />Autharity shall have no recourse against Grantor, or any af its partners/members, or to any asset <br />of Grantor, or any of its partners/me�nbers, other than the Premises, nor any right to a defrciency <br />judgment in order to satisfy the indebtedness for payment of the Obligations evidenced by the <br />1602 Agreement. The Grantor is liable for any Rents collected by Grantor from the property <br />after a default by Grantor under the 1602 Agreement, or an Event of Default under this <br />Recapture Deed of Trust or a default under any ather instrument securing or referring to the <br />Obligations, and security depasits made by tenants of the property and real estate taxes, <br />assessments, water rates, levies and other charges as de�ined in this Recapture Deed of Trust and <br />insurance premiums, payment of which is required to be made by Grantor under this Recapture <br />Deed of Trust, and insurance proceeds and Condemnation Awards, payments and consideration <br />which Grantor receives and to which the Authority is cntitled pursuant tn the terms of this <br />Recapture I7eed of Trust or of any other instrurnent securing or referring ta the Qbiigatians, and <br />damages to the pxaperty from waste comrnitted or permitted by Grantor or from a failure by <br />Grantor to maintain the property in the manner required by this Recapture Deed of Trust, and <br />damages suffered by the Authority as a result of the failure of Grantor to pay any of the <br />faregoing, and loss or damage occurring by reason of the failure of Grantor to abserve its <br />covenant respecting the release or discharge af Hazardous Materials or the kceping of asbestns or <br />lead based paint on the property as set forth in this Recapture Deed of Trust, together with <br />attorney's fees incurred in connection with the collection of the amounts set forth hcrein. <br />20. This Recapture Deed of Trust has been duly authorized by GranCar, and the <br />individuals are instructed to execute on behalf of Grantor the 1602 Agreert�ent and this Recapture <br />Deed of Trust securing same. <br />21. Sa long as the Recapture Deed af Trust and Obligations secured hereby are <br />outstanding, Grantor will not (a) rent dwelling accommodations in the Prernises in excess of the <br />rates apprpved by the Authority; (b) rent the Premises as an entirety; (c) xent the Premises or any <br />part thexeof to any persons for the purpose of subleasing; (d) rent the Premises or permit its us� <br />13 <br />Recepture Deed of Trust and Security Agreement <br />4839-8956-0838.2 <br />