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lawsuit is commenced as part of the collection process. 201508458 ENTIRE CONTRACT /AMENDMENT. This Contract for Deed contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Contract for Deed. This Contract for Deed may be modified or amended in writing, so long as all parties obligated under this Contract sign the agreement. SEVERABILITY. If any portion of this Contract for Deed shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any provision of this Contract for Deed is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited. INDEMNITY REGARDING USE OF PREMISES. To the extent permitted by law, Buyer agrees to indemnify, hold harmless, and defend Seller from and against any and all losses, claims, liabilities and expenses, including reasonable attorney fees, if any, which Buyer may suffer or incur in connection with Buyer's possession, use or misuse of the Property, except due to Seller's negligent acts or omissions. GOVERNING LAW. This Contract for Deed shall be construed in accordance with the laws of the State of Nebraska. WAIVER. The failure of either party to enforce any provisions of this Contract shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Contract for Deed. OTHER PROVISIONS. The Buyer will include in the monthly payment the cost of the annual real estate taxes and the cost of annual homeowners premium. The Seller will maintain the additional amount paid monthly to cover the real estate taxes and homeowners premium in an escrow account and pay the Real Estate taxes and Homeowners Ins. from said account. The amount to be paid by the Buyer will be adjusted annually to reflect any changes regarding the Real Estate Taxes and Homeowners Insurance premium required to cover said expenses. TAX EXEMPTION. Seller will be entitled to claim the property for the Federal Homestead Property Tax Exemption and any other exemption, should the property be eligible for such an exemption. RECORDING. This Contract will be recorded by the Buyer immediately upon execution by all parties. The Buyer shall be responsible for the recording fees associated with recording the Contract. 1 / 0 6 I.7