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<br /> � 16'1tl COUNiX P1EBWtS�A f: . .:. <`
<br /> ' : MARIA 1 t�lyt�coU�1f Cl�ERK �.
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<br /> ` � , . t�AY 1� i�97 .
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<br /> '� ��iro��rv enRFF�tF1VT�N�FINANCIN(i STATEMENT �
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<br />- ... -,`. . ._. . � KNOW ALL MEN HY THESE PRESENTS: '�!`:, `
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<br /> � - That DENIVIS G.VANOSDALL,and ANN M.HAMELOTH VANOSDALL,husband -.__:
<br /> - ' .� . aad wif�eacg in his aud her own right,of No.41 Kuesters Lake,Rural Route,Gzand Island, �,���
<br /> i `�•� Nebraska 68801,DEBTORS,far the purpose of securing the payment of$25,OOOAO and interest fS}f�
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<br /> ' .��` at 9.75 peneeat per annum com�c�.npoa the unpaid principal6alance,accordin��a note :: �:.
<br /> j ,�. �-q�:�; ; described as follows: Note in�e a�a3 amount of$25,000.00,payable by the mebtois to Five �:, :
<br /> ' ` ���<a. �u�s Bank of Cna�d H��d,I`��,���in o�ce at 2015 H�.Braadwell,Giand �}>-
<br /> 1"`<;' ``�: +, e and assi amto f•- '
<br /> ;��"�%=::: ; Island,Ne�asl�a,td�e�E�PA�t�,t�s�,'�s��s aa herebY��;mart8ag 8t. .
<br /> ., � fi x �; �;
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<br /> :�.�..� :. said Sec�a3�d Parry ttie�:dence II�oziss and sIt other ivmp���ents now an c�teafter situeted oa a .<�sh:�
<br /> �� r-` ction and said residence house being `
<br /> • � . ��<:'`:r:r. leasehold,aad all appu�Ban.ces thereto,of frame constru
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<br /> ..,;.���-.., . ,� situated upon: - �;�
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<br />_ ' � � �'' ' Lot Twenty(20),having a lake front footage of One Hundred(100)Feet,situated on the .
<br /> , �' East side of the East portioa of Kuesters Lake.and being on a part of the,East Half of the �t�
<br /> .. . . . Saut�west Quarter(E%sSW'/4)of Section Thirteen j13),'Fownstup Elev�n(1 I)North, �:;;
<br />- � ' " � Range Nine(9),West vf the 6th P.M.,in Hall County.Nebraska,bounded aa the
<br /> � .,� , . � Southeastert side the casnman road, �"�
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<br /> including any improvements,accessions,accessories.pazts,or equipment now or hereafter _--�
<br />.; . : .. ' affixed hereto. �''
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<br /> � The Dehtors wanant that the aboverdescribed properEy situated on said leased premises is �=°
<br /> �. � •:.r,.�<. free and c2ear of all lie�s and encumbraaces,that they will pay the ann�asl ground rent end any --._-
<br /> . � � assessments paya6Ie to the Less�r of such teased pnmises when the saaze is.diae aud payabte and _
<br /> . ..����.<'��,..���:�., before the same becom.:delinqu�nt,accurding w the provisions of Debtars'lease:that they will ---__
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<br /> ._i;,;-.•: ,�` • pay aU personal taxes isefore the same becosm�delinquen�that they wi�9i maintain aad pay the �_.•:
<br /> �,.� .• � remiums for fue and extended coverage ias�ance on said improve��nts in an amouat not less .T -�
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<br /> - . • .� � . , than the unpaid balaace of the indebiedness:that if they fail to pay any sucb re��s,assessments or . k`_.:
<br /> � � - ' � taxes before the same become deliaquent,or such preminms when the same be�c�me due,that the - -
<br /> '�� �� Secured Pariy may pay the same,and any such payinents by the Secured Party shall be part of --
<br /> � � ' this indebtedness,payment of which s h a l l be secured by this Security Agreement and Financing
<br /> - � - Statement aBd shall be forthwith due and repayable by Debtor to the Secured F�4y aud shail beat . ,
<br /> ��� . interest at the maximum legal rate&osn the time of sucb payment of rents,assessments,taxes or -- _
<br /> � � . � � premiums until the same have been repaid to the Se�ured Party. -` -
<br /> . : It ls hereby agreed that if default be made iu the paymeat of said Note or any part thereof ::
<br />- ' � . � whea due�or if the Debtors fail to pay g,rouud rent and assessments to the Lessor as required ..
<br /> • �. • under lheir Lease or personaE tuxes before the same 6ecome deliuquent,or said insurance .
<br /> __ ��� � � premiums when due or if any attempt be aiade to dispose of or remove the said mortgaged �_
<br /> - � �� . �� i m p r o v e m e n t s fr om said premises or if at any time the Sec�ued Party shall deem the said debt
<br /> " ' �� unsafe or insecure,including nonconformance by the Debtors with any of the terms of their
<br /> _ � Lease with their Lessor,the Secured Party is authori�ed to enter upon the premises where ssid �
<br /> ° property may be,and Debtors will forthwith relinquish possessian of the leased premises and � �
<br /> � � - improvements to the 5ecured Party;and ther�after,�the Secured Party shall receive all rents to -
<br /> _� � . . � � . � apply upon said debt and ma.y at its optaon sell said properiy at pu6lic or priva4P sale with or
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<br /> . � � �:`� Zfiis certifies fhot ti�is is a hue an3 --
<br />- .. . � ,: � GEIIERd1N0IAAT�51�iE0FHE8FASKA
<br /> • � cor�ec4 copy of the original contract � QAYLENE M.BECK
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<br /> Mif COUNI.ExP.AIiG.20.2d00
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