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FINANCING STATEMENT AND SECURITY AGREEMENT , � Uniform Commercial Code � .. - (Instructions for preparing and filing Financing Statement and Security Agreement are on the reverse side) FINANCING STATEMENT is presented to a filing officer for filing pursuant to the Uniform Commercial Code. I 1. Debtor(s)-Securing Party(ies)(Last name first) 2. Secured Party and for Filing Officer(Date,Time, i and Address(es)including County of debtor's residence Address Number and Filing Office) TOMMY L UMMEL JR HOME FEDERAL/GRAND ISLAND ', #18 KUESTERS LAKE 221 South Locust '� Grand Island, Nebraska 68801 �O Q O Q O $ 7 7 I GRAND ISLAND NE 68801 � ,o Nos. �p No. 47-0465799 3. Assignee of Secured Party and Address CREATION OF SECURITY INTEREST AND DESCRIPTION OF COLLATERAL Debtor,whether one or more,as security for(check only one): ❑ all present and future indebtedness, liabilities and obligations of whatever nature of Debtor, or any of them if more than one,to Secured Party,and all renewals and extensions thereof(the"Indebtedness") ❑ all present and future indebtedness, liabilities and obligations of whatever nature of ("Borrower"),or any of them if more than one, to Secured Party, and all renewals and extensions thereof (the "Indebtedness") ❑ the indebtedness,liability or obligation of ("Debtor/Borrower") to Secured Party evidenced by and all renewals and extensions thereof (the "Indebtedness") grants Secured Party a security interest in the following collateraf,whether now owned or hereafter acquired by the Debtor,and in all additions, accessions,substitutions or replacements thereto or therefor and in all products and proceeds thereof: LOT THIRTEEN (13) AND THE NORTH HALF (N1/2) OF LOT FOURTEEN (14) , HAVING A LAKE FRONT FOOTAGE OF 119 FEET, MORE OR LESS, SITUATED ON THE WEST SIDE OF THE WEST PORTION OF KUESTERS LAKE, AND BEING ON A PART OF THE EAST HALF OF THE SOU'THWEST QUARTER (E1/2SW1/4) , IN SECTION THIRTEEN (13) TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) HALL COUNTY, NEBRASKA, BOUNDED ON THE WESTERLY SIDE BY THE COMMON ROAD All of the foregoing shall be referred to as the"Collateral." 4. The above collateral which is or shall become a fixture on real estate described as follows: 5. Name(s)of record owner(s) if different than Debtor(s)-Securing Party(ies): 6. ❑ If checked here,this Financing Statement is to be recorded in the real estate mortgage records. WARRANTIES Debtor warrants that(1)the Collateral is used or being bought primarily for personal,family or household purposes;but if marked here for business operations only,(2)the address of Debtor's residence is as shown above and(3)Debtor wifl not sell or otherwise dispose of any of the Collateral without consent of Secured Party.As to any of the Collateral being acquired by Debtor with the proceeds of any note(s),Secured Party may disburse directly to the Seller of the Collateral. DEBTOR AGREES TO ALL TERMS ON THE REVERSE SIDE AND TO ALL TERMS INCLUDED IN ALL SECURITY AGREEMENTS GIVEN TO SECURED PARTY x � � -I Executed this day of { K�t ,19�L, � O ' - 'I(�-G r /I�tJ �BC 1077 5/88 Signature of Secured Party Signature(s)of Debtor(s)-S curi Party(ies)(sign each page separately) 1988 National Bank of Commerce Trust&Savings Association,Lincoln,Nebraska 1. FINANCING STATEMENT—FILING OFFICER'S COPY