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201400640 3. Real Estate Taxes& Insurance. Seller shall pay all taxes and assessments on the Property attributable to the calendar year 2012 and years previous. Except as provided in Section 13 of this Agreement, below, Buyer shall pay all taxes and assessments on the Property attributable to the calendar year 2014 and all subsequent years. Except as provided in Section 13 of this Agreement, below, Buyer and Seller shall pro rate all taxes and assessments on the Property attributable to the calendar year 2013. From and after the date of this Agreement, Buyer covenants and agrees to, at all times and at Buyer's expense, keep all improvements situated on the Property insured under an insurance policy in an amount equal to the full insurable value of the Property, and to pay when due all premiums on such insurance. Seller shall be named as an additional insured on all policies, which shall also provide for Notice of Cancellation to the insured and Seller at least thirty(30)days prior to the effective date of cancellation. 4. Delivery of Deed in Escrow. Upon execution of this Agreement, a Warranty Deed (or Warranty Deeds, if more than one deed is required) duly executed by Seller conveying the Property to Buyer shall be delivered in escrow to LDNI Business Services, Inc., a Nebraska corporation (`Bscrow Agent"), and shall, as provided by the escrow instructions given to the Escrow Agent, be delivered to Buyer upon fulfillment of Buyer's obligation to Seller under the terms of this Agreement. 5. Seller's Performance Upon Buyer's Default. If Buyer fails to pay any such taxes, charges, assessments or premiums for insurance, or fails to pay any amount due upon or fails to perform any condition or covenant of this Agreement before the same shall have become delinquent, Seller shall have the right to pay or procure the same, with necessary costs charged to Buyer. The amount so advanced and its repayment shall be secured hereby and shall be repaid to Seller by Buyer. If Escrow Agent is notified in writing by Seller of any such advances, he shall not deliver the deed to Buyer until repayment is made. If Seller institutes suit against Buyer to enforce Seller's rights under this Agreement and obtains a valid judgment against Buyer, Buyer agree to pay all costs, expenses and attorney's fees of Seller. 6. Survey. Seller shall provide Buyer with its most current survey of the Property. To the extent that no survey is available, or if the survey provided by Seller is insufficient in the sole discretion of Buyer, Buyer shall have the option to order a survey of Property. The cost of the survey shall be shared equally by Buyer and Seller. 7. Marketable Title. Seller represents and warrants that it holds fee simple title to the Properly to be conveyed under the terms set forth herein, subject only to easements and restrictions of record, and that the Property is free and clear of all liens, encumbrances or special taxes levied or assessed against it. Buyer may, at its option and in its sole discretion, at any time demand that Seller provide Buyer with an updated title search or commitment for title insurance, issued through Grand Island Abstract, Escrow & Title Company of Grand Island, Nebraska, showing good and marketable title in Seller, to Buyer's reasonable satisfaction. Any policy of title insurance shall be issued by said title insurance company on its standard form, with such printed exceptions as appear on the form and any further exceptions and encumbrances as are acceptable to Buyer. For purposes of this Agreement, marketable title shall include Buyer's right of unrestricted access to the Property. Objections to title, if any, shall be presented to Seller within twenty (20) days of Buyer's receipt of the title search and/or title commitment. If said defects are not cured within twenty (20)days, Buyer may terminate this Agreement. If this Agreement is terminated because of uncured defects in title, Buyer agrees to immediately abandon any and all claims upon the Property and Seller shall have an unqualified right to full possession of the Property; provided, however, that any amount of the Purchase Price paid to Seller shall be reimbursed to Buyer. Buyer and Seller each agree to pay one-half(1/2) of the cost of title search and/or title insurance premium. 2