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<br />FINANCING STATEMENT & SECURITY AGREEMENT
<br />
<br />Debtor(s) (Last Name First and Addrcss(cs):
<br />GORDON H PEDERSEN, 472-46-5862
<br />PAMELA M PEDERSEN, 505M90-3890
<br />I 1523 N SYCAMO~E ST',GRAND ISLAND, NE 68801
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<br />_,____~_~~_,..M~_.,__~~~___.~_____________i
<br />
<br />Secured Party(ies); Namc(s) and Address(es)
<br />EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND
<br />POBOX 160
<br />GRAND ISLAND NE 68802-0160 Federal LD. # 47-0151910
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<br />For Filing Officer; Time, Date, No., Filing Office
<br />
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />
<br />------.
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<br />________..___J
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<br />That GORDON H PEDERSEN A,NQ..P.AMELA_M PEDERSEN, HUSBAND AND WIFY.. of Kuestcr Lake, Hall County,
<br />Nebraska, Debtor(s), f()r the purpose of securing the payment of $200,000.00 , and interest at ,..QJ)Ooo/Q..._ per
<br />annum, computed upon the unpaid principal balance, according to a Note described as follows:
<br />
<br />Dated the 28TH day of OCTOBER , 2005, in the original amount of ....$.20_Q,Q00.f)0_ bearing interest at
<br />6.00OCI.L.. per annum, computed upon the unpaid principal balance, and payable in equal monthly
<br />installments of $1.l99-,-l~L per month, which will apply first upon interest and the balance in reducti0l1
<br />of the principal, the tirst such monthly installment payment payable on the 151' day of _Qt~CEMBER~
<br />2005 .
<br />
<br />Which note was given to Equitable Federal Savings Bank of Grand Island, the debtor(s) does(do) hereby
<br />grant, mortgage and assign unto said secured party the residence house, being an improvement upon a
<br />leasehold and all appurtenances thereto, said residence house being situated upon:
<br />LOT EIGHTEEN ( 18), HAVING A LAKE FRONT FOOTAGE OF 75 FEET, WHICH SAID LOT IS SITUATED ON THE
<br />EAST SIDE OF THE WEST PORTION OF KUESTER LAKE, AND BEING ON A PART OF THE EAST HALF OF THE
<br />SOUTHWEST QUARTER (EI/2SWI/4) OF SECTION THIRTEEN (13), IN TOWNSHIP ELEVEN (11) NORTH, RANGE
<br />NINE (9) WEST OF THE 6T11 P.M., IN HAIL COUNTY, NEBRASKA, AND IS BOUNDED ON THE EASTERLY SIDE BY
<br />THE COMMON ROAD.
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