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200101'772 <br />The debtor(s) warrant(s) the above described property is free and clear of all liens and encumbrances; that <br />he /she(they) will pay all personal taxes before the same become delinquent; that he /she (they) will maintain and <br />pay the premiums for fire and extended coverage insurance on said property in an amount not less that the <br />unpaid balance of the indebtedness. That if he/she(they) fail to pay any such taxes or premiums, that the secured <br />party may pay the same and any such payments by the secured party shall be a part of this indebtedness, <br />payment of which shall be secured by this financing statement and interest thereon shall accrue at the rate of <br />interest. provided in the note of even date herewith, payment of which this financing statement secures. <br />It is hereby agreed that if default be made in the payment of said note or any part thereof when due, or if <br />debtor(s) fail(s) to pay said taxes before the same become delinquent, or said premiums when due, or if any <br />attempt be made to dispose of or remove said property from Hall County, Nebraska, or if at any time the <br />secured parry shall deem the said debt unsafe or insecure, the secured party is hereby authorized to enter upon <br />the premises where said property may be and thereafter receive all rents to apply upon said debt, or to sell said <br />property at public or private sale with or without notice, and out of the proceeds of such sale retain the amount <br />then owing on said debt, with expenses attached to the same, rendering to the debtor the surplus, after the whole <br />of said debt shall have been paid, with charges aforesaid. <br />WITNESS my(our) signature(s) this <br />THE EQUITABLE BUILDING AND <br />LOAN ASSOCIATION OF GRAND <br />ISLAND, NEBRASKA, A FEDERAL <br />SAVINGS BANK <br />By: <br />Its Pr sident RICK L. HARM H <br />(Secured Parry) <br />State of Nebraska ) <br />) SS <br />County of Hall ) <br />5TH <br />day of MARCH -'20 01 <br />C� <br />CAATd C BURCHESS <br />s <br />r <br />(Debtors) <br />On this 5TH day of MARCH 20 01 , before me, <br />the undersigned, a notary public within and for said county, personally came CRAIG C BURCHESS AID MARY E BURCHESS, <br />HUSBM ADD KFE who is (are) known to me and known to me to be the identical person(s) whose name(s) is (are) <br />so affixed to the foregoing Financial Statement, and does (do) acknowledge(s) execution thereof to be his/her <br />(their) voluntary act and deed for the purposes therein set forth. <br />Witness my hand and notarial s <br />M}' Notarial Commission expir s 6ENERA� ate of i e <br />My Comm. Exp. Aug. 17, 2002• <br />Notary Public <br />