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200 01729 said Lot Six (6), in Block Twenty -Two (22), in Nagy's Addition, thence due South to the South Section line of Section Ten (10), in Township eleven (11), North, Range Nine (9), thence running Westerly at right angles to the East line of said Oak Street, and thence Northerly to the place of beginning, being a rectangular piece of ground containing 99 Feet fronting on Fifth Street and a 132 Feet fronting on Oak Street in said City of Grand Island, Hall County, Nebraska together with all buildings, improvements and appurtenances thereon and all the rents and profits therefrom and subject to easements and restrictions of record. Borrower owes Lenders Twenty Three Thousand Forty -Two Dollars and 19 Cents ($23,042.19), evidenced by Borrower's note dated 2000, payable according to the terms thereof. This Security Instrument secures to the Lenders the debt evidenced by said note, the payment of all other sums, with interest, advanced under the provisions hereafter to protect the security and the performancy of Borrower's covenants and agreements. Borrower covenants that Borrower is lawfully seised of such real estate and has the legal power and lawful authority to convey the same and warrant and will defend title to the real estate against the lawful claims of all persons. BORROWER AND LENDERS AGREE AS FOLLOWS: 1. Borrower shall pay when due, the principal and interest as provided in said note. 2. All payments received by Lenders shall be first applied to advances which may have been made by Lenders and then to interest due and last to the principal due. 3. Borrower shall pay all general real estate taxes and special assessments against the property before the same become delinquent. 4. If Lenders determine that any part of the property is subject to a lien, which is or may attain priority over this security instrument, Lenders may give Borrower a notice identifying the lien and Borrower shall satisfy the lien within ten (10) days. 2