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FINANCING STATEMENT AND SECURITY AGREEMENT � Uniform Commercial Code � • (Insy�uctions for preparing and filing Financing Statement and Security Agreement are on the reverse side) FWANCING STATEMENT is presented to a filing officer for filing pursuant to the Uniform Commercial Code. 9 9 10 6 3 7 3 , 1. Debtor(s)-Securing Party(ies)(Last name first) 2. Secured Party and Address For Fiiing Officer(Date,Time, and Address(es)including County of debtor's residence Number and Filing Office) OSBORN, �1EREDYTH S. & NEIL F. H0�1E FEDERAL/GRAND ISLAND #59 KUESTER LAKE 221 SOUTH LOCUST STREET GRAND ISLAND, NE 68801 HALL CTY GRAND ISLAND, NE 68801 508-32-0867/508-07-6760 47-0465799 � ID Nos. ID No. 3. Assignee of Secured Party and Address CREATION OF SECURITY INTERESTAND DESCRIPTION OF COLLATERAL Debtor,whether one or more, as security for(check�one): X� 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/Borrowe�') 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: LOT FOUR (4), HAUING A LAKE FRONT FOOTAGE OF 100 FEET, SITUATED ON THE EAST SIDE OF WEST PORTION OF KUESTER LAKE, AND BEING ON A PART OF THE EAST HALF OF THE SOUTHWEST QUARTER (E1/2SW1/4), IN SECTION THIRTEEN (13), TOWNSHIP ELEVEN (11 ) NORTH, RANGE NINE (9), HALL COUNTY, NEBRASKA, BOUNDED ON THE EASTERLY SIDE BY THE COmmON ROAD; SUCH LOT IS SHOWN ON THE PLAT IN THE POSSESSION OF THE LESSOR. 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. 0 If checked here,thls 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 14THdey NE ,is �� 99 mE FEDERAL S UINGS AN LOAN ASSOCIATION X c� X � � igneture of Secured Party Signature of Debtor(s)-Securing Party(ies)(sig�each paye separately) 1. FINANCING STATEMENT FILING OFFICER'S COPY