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�01107�4� shall be whatever Nebraska law allows in such circumstances at the time of d�fault in any covenant or agreement. 7. Forbearance Not A Waiver: Any e�ctensions or modifications of the debt herein granted by Lender to any successor in interest of Borrower, shall not operate to release the liabilifiy of the original Borrower or Borrower's successors in interest. Any forbearance by lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy; because the Lender has the right to declare when a default occurs ac�ording to the terms of this DOT. 8. Environmental Compliance: Borrower shall comply with all federal, state and local environmental laws, ordinances, rules, requirements, regulations and publications as now existing or hereafter existing, amended, supplemented or supplanted relating to the preservation of the environment or the regulation or control of toxic or hazardous substances or materials. Borrowrer hereby warrants and represents to Lender that there are no toxic or hazardous substances or materials on or under the Prbperty. Borrower does hereby indemnify and hold Lender harmless, and any successors to Lender's interest, from and against any and all claims, damages, losses and liabilities ansing in connection with the presence, use, disposal or transport of any substance the subject of any environmental law, regulation or control of toxic or hazardous substances or materials on, under, from or about the property. This indemnity shall sunrive reconveyance of the property secured by this DUT. 9. Use & Preservation of Propertv: Borrower shall comply writh all laws and regulations applicable to the use of the Property, and shall maintain the improvements thereon in good repair. Borrower shall not engage in any conduct that results in a diminution of value of the Property. Specifically, no portion of the Property, including improvements, structures and fnctures, wil) be removed, demolished, or materially altered without the Beneficiary's prior written consent, excluding items of personal property. 10. Inspection: Lender or Lender's agents may make reasonable entries on the Property for purposes of inspection. 11. Transfer of Proaertv: Borrower enters into this agreement with responsibility owed to the Lender, and on the basis of the amicable relations, which have previously existed between Lender and Borrower with respect to the subject Property. Should Borrower desire to sell or encumber the subject Property or any part thereof, Borrower shall forthwith obtain the consent of Lender to such sale or encumbrance while any sums remain due on the Note secured by this Deed of Trust. Should BoITOwer sell or encumber any part of the subject Property or any infierest therein to any third party, or enter into an agreement to sell, encumber, or create an interest in a third person in the Property without the consent of Lender, or any interest therein to become subject to a lien of any kind without the consent of Lender, Lender, at the Lender's option, can declare the entire indebtedness remaining due and unpaid secured hereby immediately 3