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<br /> � � FINANCING 3TATEpIEMT i93� � � .
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<br /> KNOW AlL M�N 6Y THESE PRESENTt
<br /> That JAM�S L. THQIrIPSON AND SANORA J. THOKPSON, husb�nd �nd Wifo. �
<br /> of Grand Islind. Hall Caunty� NQbraska• Qobtora• for th� purpoa� oP �
<br /> sacurinq the payment of 596�500.00. end at an i�itial reta of 4.75'�
<br /> per aruwm. camputed upon the unpaid principal balencer eccordinq to
<br /> a bond des�cribad es Polloms=
<br /> pated the 1st day of September. 1993. in the original amount
<br /> , � oP $96.500.m bearinq an initiel interest rate of 4.75�
<br /> per annum, computed upon the unpaid principal balence�
<br /> y^; end peyable in equal iqonthly installments of $758.85 per
<br /> ` .� month. which will apply first upon interest end the balence
<br /> � � � in reduction of the principalr the fd�rst Such monthly install-
<br /> � � �. ment payment payable on the first day af Octoher, 1993.
<br /> " " �''`"'`�° ��. The interest rate will not increase or decrease more than
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<br /> yf�'. once every 12 months, and then by no more then 2.0�. The
<br /> '�"� �'y�' minimum interest rate on this loan will be no less than
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<br /> S � � �n�'�� 2.7/8'�= the maKimum interest rate on this lo�.n will be
<br /> �' � ����'"���`� � na more then 9.7/8'�. The payment amount will not increase
<br /> �'���'`''��'�`����'' or decrease more than ance every 12 mo�ths•
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<br /> . '�'� �,=-'�•",•'�• which bond wes gi.ven the HOInE FEOERAL SAUINGS ANQ LOAN ASSOCIATION
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<br /> . �,�.,.,:..,...-.:.,, � OF Cf�AitiD ISLANi�, WESRASiCA. the debtars da hereby grant. mortgage and
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<br /> ! . ' � � � assign unta said secured perty the residence house. being an improve-
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<br /> `I���;..�; � � '� '�:.;'%;;�� ment upon a leesehold end all eppurtenance the�etor said residence house
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<br /> � `;., ;,�: . � being situated upon:
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<br /> � �:,,,,�,,.,.,,._ ,.I'� LOT TWENTY SIX (26) AND THE NORTHERI.Y ONE-HALF OF LOT 1WENTY
<br /> �+'.� ' '` ' . ��� SEUEN (27)r HAUING A LAKE FRONT FOOTAGE OF 97 FEET. SITUATED
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<br /> • pN THE WEST SIDE OF THE WEST POFITIQN OF KUESTER LAKE ANp
<br /> ��„ �. � ' BEING ON A PART OF THE E�SW� IN SECTION 13. TOWNSHIP 11,
<br /> i � ' .,, ,,.,; `� RANGE 9, HALL COUNTY, NEBRASKA, AND BQUNDED ON THE WESTERLY
<br /> ���• SIC1E BY THE COIm'ION ROAO, SUCH lOT TS AS SH01�1 ON A PLAT
<br /> � .._ ,.:_,_ •�" � �.,�. IN POSSESSION OF' LESS0�2.
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<br /> '►. •• The debtors warrant the abov� described property is free and clear
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<br /> � � of all liens and enc-umbrancesi that they will pay all parsonal texes
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<br /> '}�' , before the seme hecome delinquent; that they will maintain and pay
<br /> `�� " � the premiums for fire and extended coverage insurance on said property
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<br /> �,r. �, � �_�:,, in an amount not less than the unpaid balance of the indebtedness.
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<br /> �� ti That if they fail to pay any such taxes or premiums, that the secured
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<br /> ;+j party may pay the same and any such payments by the secured party shall
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<br /> � ,� . � be a part of this indebtedness, payment af which shall be secured by
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<br /> . ,, this financing statement and interest thereon shall accrue at the rate
<br /> � ` ' ' of interest provided in the bond of even date herewith, payment of which �
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<br /> (�� �� this financing stetement secures. �
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