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SECURITY AGREEMENT In order to secure the payment of my note, the terms of which appear on the other side, and for the purpose of securing additior~l sums o! mane which i may receive from you, I agree that regardless of when 1 acquire this property, it wilt serve as security fyar payment of my note to you. 1 represent and warrant to you that I own this property and' that there are no liens or encumbrances of any kind against it except __.._ .................._..__......_ 1 further agree t. That I wilt keep the property which secures my note in good condition and that !will not sell, Canvey or otherwise dispose of such property. nor wiH !remove this property out of the state of my address, as shown on the other side of this agreement, without your permission. 2~ That i will insure the property for fire, and extended coverage if and when you require me to do so. 3. That I will pay aft sums spent by you to obtain possession of the Property from a thud party. E1fteTl7'S OF DEFAULT: I wit! be in detault of this security agreement: t. li I faif to perform any obligation !have under rots agreement or the note appearing on the other side. 2. If arty of the statements or representations i tsave made fo you are fates at the time of their being made to you. 3. tf #te property I have pledged for my rate is destroyed, lost, stolen, substantiatly damaged. sold, attached. seized. levied. or encumbered in any manner. d. f am etwut to do, or have done, some act which tends to impair the value of property !have pledged a, security. `rpm REYEDiEB: tt ! am in detautt accArding to the farms and conditions of my note or rotas, you may enforce your rights accardtnq to Nebraska taw. When the default consists only of ilure to make a required payment. you may with rmUce and after my failure ro cure the detault. declare the balance of the note imrrtedtatety due and payable and at your option. you may take paeseaswn of the security pledged. 1 urtrlsratand that t am only entltted to one nottca of my nght to cure ire default for failure to make a required payrnenE. if # default again, you need rat send me another notite erxf can declare the entire hatance due attd payable and enforce your Hghts under Nebraska !aw, including repasseeaion end repfev'rn. NOTICE: Sae other stda for knpoASnt trtlorr»ation. AGRENT OF CO-OWNEAiS) As c~-ownerts- of the Security deaonben on the ottvgr srde of tnis agreentettt, w a portion of it, 1 trereby agree is the fallowing: t. That the canaideration for >r,y agreement ~s tree axtartason of credit to me ~rrower(s} or Co- maker(s}. 2. Trtat i hsve near! the forma art<t c:ottdittar+a sat fortn rn the strove Security Agreement and agree that tttaY sre oinaing uPtrn me. 3. That, as to ttte lender, 1 release ail right, title and ,ntereat in the Security, and waive any and all examptiorts dlctved me under 4sw as to the sacunty, and tub agree that the lender may re- ptar9n or repoaseas the Sacunty, or atherwis+a proceed against the Ssotrrity, to the soma e~ant and under the same cireumstancea tt?si at may act against ttta BOrrower(a) endfor Co-maker(s). d. That my agrnetnent hero shalt remain oindirt4 upon me evert in the event that 8orrower(s? anttiar Ca-mattar(a) Batecute other agraertrenta that extend or renew this obligation. Lets Co-owner ~. _ ~.,;__~ ,~ . C ~`1 s~'~ x ~ 5~' \ - ~~~. ~t ~!'ey . ti . ., ....... .. . __.. wr,_, :.T - ~ ._._..__... 4. ~ e GU~mir . ~ wr ~~ ~ w a, ~.;~ ~.:. ~ ~~ ., ~ i~ ~ L~ ~ ` ~IJ ~ .1S i- "Q. ' 7 ~ ~ .~ Mdte~ yW s~tsM ~'~, Y!1)th+e-!9e 5lkEI ",t *° ^~ +C~ a .: ~. ~~ rw w Q Ci tSf i4~ 1.x._`1'-` ~~