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86-- 103127 The debtor warrants the above described property is free and clear of all liens and encumbrances; that she will pay all personal taxes before the same become delinquent; that she will maintain and pay the premiums for fire and extended coverage insurance on said property in an amount not less than the unpaid balance of indebtedness. That if she fails to pay any such taxes or premiums, that the secured party may pay the same and any such payments by the secured party shall be a part of this indebtedness, payment of which shall be secured by this financing statement and interest thereon shall accrue at the rate of interest provided in the bond of even date herewith, payment of which this financing statement secures. It is hereby ag-eed that if default be made in the payment of said bond or any part thereof when due, or if debtor fails to pay said taxes before the same become delinquent, or said premiums when due, or if any attempt be made to dispose of or remove said property from Hall County, Nebraska, or if at any time the secured party shall deem the said debt unsafe or insecure, the secured party is hereby authorized to enter upon the premises where said property may be and thereafter receive all rents to apply upon said debt, or to sell said property at public or private sale with or without notice, and out of the proceeds of such sale retain the amount then owing on said debt, with expenses attached to the same, rendering to the debtor the surplus, after the whole of said debt shall have been paid, with charges aforesaid. WITNESS my signature this r day of 1986. THE EQUITABLE BUILDING AND LOAN ASSOCIATION OF GRAND ISLA NEPKASKA Secured Party CaroY$m S. Reeves Debtor`