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85- 001147 default with respect to payment so long as the unpaid balance of principal and interest (in such case accruing interest shall be treated as unpaid principal) is less than the amount that said indebtedness would have been, had the periodic payments have been as first specified above. 6. Purchaser may make alterations or additions to said property, so long as they increase the value of the premises. All expenses incurred in making alterations, additions, or improvements to said property shall be promptly paid for by Purchaser. Purchaser shall keep the premises in agood state of repair during the term hereof. 7. If default be made in the payment of any installment of principal and interest on this Land Contract, or if default be made in the payment of other sums due in accordance with the terms hereof, and anyone or more of such defaults continue for a period of Thirty (301 days following written notice of such default, then, and in any or all such events, the entire unpaid balance of principal of this Land Contract, together with all interest then accrued, shall, at the option of the Seller, become immediately due and payable and the Seller may (1) maintain an action at law or equity to recover the same; or (2) fore- (3). request the Escrow Agent to deliver Warranty Deed and close this Land Contract. Special Warranty Deed to the Seller pursuant to the terms and conditions of the Escrow Agreement. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals, the day and year first written above. By FREIGHT SALES CO., A Nebraska Corporation, Seller JERRY J. LUTH, Purchaser M]