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~ ~ I I ) FINANCING STATEMENT AND SECURITY AGREEMENT Uniform Commercia! Code (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) (Last name first) and address(es) Including County of debtor's residence QUERING, INC. d/b/a VILLAGE INN PANCAKE mUSE 2624 South lDcust Grand Island NE 68801 2. Secured Party{ies) and address(es) THE OVERLAND NATIONAL BANK 0 GRAND ISLAND P. O. rox 1688 GRAND ISLAND, NE For Filing Officer (Date, Time, Number and Filing Office) 88- 100236 ecured Party and address(es): CREATION OF SECURITY INTEREST AND DESCRIPTION OF COLLATERAL Debtor, whether one or more, as security for all of Debtor's present and future indebtedness and Iiabiliaties of whatever nature to Secured Party, and all renewals and extensions thereof, grants Secured Party a security interest in the following collateral, whether now owned or hereafter acquired by the Debtor. and in additions. accessions, substitutions thereto; and all products and proceeds thereof. First security interest in all machinery, equipnent, furniture, fixtures, inventory, accounts, contract rights, chattel paper, all tangible and intangible personal property, whether now owned or after-acquired, and all proceeds therefran. 4. Description of real estate: South seventy-one feet of Lot twenty-six and the north seventy-nine feet of Lot twenty-seven, all in Holcanbs Highway Hanes, an addition to the City of Grand Island, Hall County, Nebraska. 5. Name(s) of record owner(s) if different than debtor(s): 6. QOf checked here. this Financing Statement is to be recorded in real estate mortgage records. 7. If checked here. this Financing Statement is filed to operate as a 0 Continuation Statement or, 0 an amendment (complete item 8 below) pursuant to Section 9-412 of the Nebraska Uniform Commercial Code. and does not in any way constitute an abandonment offilings previously made as follows: Original Financing Statement filed in the office of on as filing No. The original Financing Statement has been amended, continued and/or assigned by filings as follows: FILING NUMBER DATE OF FILING lOCATION OF OFFICE TYPE OF FILING 8. 0 If checked hera, this Financing Statement is filed as an amendment, pursuant to Section 9-412 of the Nebraska Uniform Commercial '. Code, and the Original Financing Statement described in item 7 above is amended as follows: (Note: Signature of both Debtor and Secured Party is required.1 WARRANTIES Debtor warrants: The collateral is used or being bought primarily for personal, family or household purposes; but if marked here for farming operations, . . - . if marked here X for business operations onlV, the address of Debtor's residence is as shown above, and the Debtor will not sell or otherwise dispose of any of the collateral without consent of Secured Party. As to any collateral being acquired by Debtor with the proceeds of any note or notes Secured Party may disburse directly to the Seller of the collateral. DEBTOR AGREES TO ADDITIONAL TERMS INCLUDED IN ALL SECURITY AGREEMENTS GIVEN TO SECURED PARTY Executed this ~ day of January 19~ THE OVERLAND NATIOOAL BANK OF GRAND ISLAND ;./D /(' ..~ /~r 0 ByVZ:/7 ~~.?b~ ..tY7. -- Signature 0' Secured Party , President NIC 1074. R..... 7/13 riLING OFFICER'S COPY-FINANCING STATEMENT L L 1 ; ... ~, j 11 r i I r l~ r-._-~--- -1 ~ ~l~ >..