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ft FINANCING STATEMENT AND SECURITY AGREEMENT Ilnlfnrm ll^-nmmnrr-lal il nefa (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. 1. Debtor(s)- Securing Party(ies) (Last name first) and Address(es) including County of debtor's residence 2. Secured Party and Address For Filing Officer (Date, Time, Number and Filing Office) ROBERT D KUTZ MARLA M KUTZ LAKE rr D ISLAND NE 68801 '"Ig". HOME FEDERAL /GRAND ISLAND.' 221 South Locust Grand Island, 47- 0465799a 68801 ID No. 200008042o3 p 3. 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 collateral, 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: 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: LOT TEN (10), HAVING A LAKE FRONT FOOTAGE OF 54 FEET, SITUATED ON THE WEST SIDE OF THE WEST PORTION OF KUESTERS LAKE AND BEING A PART OF THE E1/2 SW 1/4 IN SECTION 13, TOWNSHIP 11, RANGE 9, IN HALL COUNTY, NEBRASKA. BOUNDED ON THE NORTHWESTERLY SIDE BY A COMMON ROAD; SUCH LOT IS AS SHOWN ON PLAT IN THE POSSESSION OF THE LESSER. 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 will 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 Executed this 2nd day of JUNE , 42t2Q 0 0 or 4 f WIC 1077 5/88 Signature of Securo Party Signature(s) of Debtor(s) - Securing Party(ies) (sjgwolliin page separately) 1888 National Bank of Commerce Trust &Savings Association, Lincoln, Nebraska 1. FINANCING STATEMENT — FILING OFFICER'S COPY