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86- 100884 6. The performance and interpretation of the Agreement and this Memorandum shall be controlled by and construed in accordance with the internal laws of the State of Nebraska. 7. The Buyer shall have the right to assign its rights and obligations under the Agreement by executing an Assignment and providing the Seller with a copy thereof. 8. In the event the Buyer or its assignee fail to comply with any of the agreements, covenants, terms and conditions of the Agreement, the Seller shall in addition to all other remedies, have the right to terminate the Agreement by advising the Buyer or its assignee in writing and recording a Memorandum of Termination, which the Buyer hereby authorize the Seller to execute as its attorney in fact. 9. If Buyer (a) fails to make the payments set forth in the Agreement as same become due; or (b) fails to pay the taxes or special assessments or charges, or any part thereof, levied upon the Premises, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fails to keep the Premises insured; or (d) fails to keep it in reasonable repair as herein required; or (e) places any type of additional financing against the Premises prior to Buyer obtaining fee simple title thereto; or (f) fails to perform any of the agreements set forth in the Agreement, then Seller, in addition to any and all other legal and equitable remedies which it may have, at its option, may proceed to terminate and cancel the Agreement. Upon completion of such termination Buyer shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and /or improvements if any shall be retained and kept by Seller as compensation for the use of the Premises, and /or as liquidated damages for breach of this contract; and upon completion of such termination, if the Buyer, or any other person or persons shall be in possession of the Premises or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of a lease, and may accordingly be outsted and removed as such as provided by law. 10. If Buyer fails in any one or more of the specified ways to comply with the Agreement as in (a), (b), (c), (d), (e), or (f) of numbered Paragraph 9 above provided, Seller may upon thirty (30) days written notice of intention to accelerate the payment of the entire balance, during which thirty (30) days such default or defaults are not removed, declare the entire balance under the Agreement immediately due and payable; and thereafter at the option of the Seller, the Agreement may then be foreclosed -Z- L J