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201801856 equally by both parties. If agreement is not reached on an appraiser within thirty (30) days, each party shall select a licensed appraiser and the average of the two (2) appraisals shall determine the purchase price with each party paying for the cost of their appraiser. 5. EXERCISE OF OPTION AND CLOSURE. The OPTIONEE may exercise the option at any time during the period of the option (which shall be extended, if necessary, so as to provide the OPTIONEE with at least thirty (30) days after the establishment of the purchase price by the appraiser(s) to exercise the option). If the option is exercised by the OPTIONEE as provided herein, the personal representative, successor trustee, or legal representative of the OPTIONOR, as appropriate, shall convey such property by an appropriate deed to the OPTIONEE, or as otherwise directed by the OPTIONEE. Delivery of such deed shall be made at closure and upon payment of the purchase price by guaranteed funds. Final closure shall be within thirty (30) days after the exercise of the option set forth herein. The purchase price shall be due upon and full possession shall be given at closure, subject only to the rights of tenant(s) in possession. The general real estate taxes for the year of the death of the OPTIONOR shall be prorated to the date of closure. Owner's title insurance shall be provided by the personal representative, successor trustee, or legal representative of the OPTIONOR, as appropriate, with the premium to be paid one -half (' /s) by each party. Any lender's title insurance and related endorsements shall be paid by the OPTIONEE. Costs of any closing agent shall be paid one- half (' /Z) by each party and all other costs and expenses shall be paid in the manner as is customary at the time of closure. 6. ASSIGNMENT. This option and all rights hereunder shall not be assignable by the OPTIONEE without the written permission of the OPTIONOR. 7. BINDING EFFECT AND BENEFITS. This option shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, and assigns. Although the exercise of this option by the OPTIONEE may involve a substantial conflict of interest and therefore voidable, I hereby specifically authorize this transaction. IN WITNESS, WHEREOF, the OPTIONOR has executed this agreement on the date set forth hereinafter. STATE OF NEBRASKA ) ) ss: COUNTY OF BUFFALO ) GENERAL DAM ON T BA ENSK Nebraska My Comm. Exp. August 30, 2021 2 Paul D. Beckmann Dated: March 23 , 2018 The foregoing instrument was acknowledged before me on March 2.3 2018, by Paul D. Beckmann, a single person.