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.,. Hall County, Nabraska 88_106328 (Oats and TJ.ma) L 25,167 (Numbar) FINANCING STATEMENT KNOW ALL MEN 6Y THESE PRESENTS: That Kenneth H. Koepke and Geraldine E. Koepke , husband.and wife, of Kuester Lake, R.F.D. #3, Hall County, Nebraska, Debtors, for the purpose of securing the payment of $30,000.00 ,and interest at 10%per .annum, com- puted upon the unpaid principal balance, according to a Note described as follows: Datad tha 25th day of November ' 19 88 , in the origJ.nal amount of $30.000.00 bearJ.ng intarest at 10.0% per annum, computed upon tha unpaid principal balanca, and payable in aqual monthly installmants of $289.51 per month, which will apply first upon interast and the balanca J.n reduction of tha principal, the first such monthly installment pay- ment payabla on the first day of Januarv ,19~, which note was 9iven Tha Equitable 8uilding and Loan Association of Grand Island, Nebraska, the debtors do hereby grant, mortgaga and assign unto said sacured party the residence house, baing an improvament upon a leasehold and all appurtenances thereto, said residence house being situated upon: Lot One (1), Kuester's Lake, a part of the East One Half of the Southwest Quarter of Section Thirteen (13), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hell County, Nebraska, being more particularly described as follows: With raference to the Northeast corner of said ~S~ (the canter of the section); thence running westerly on the North line of said ~S~ bearing NOO degrees 00' 00" W a distance of 699.12 feet; thence running Southerly bearing S 01 degraes 29' 33" E a distance of 39.24 feet to the point of beginning; thence continuing Southerly on afore said line a distance of 167.80 feet; thence bearing S87 de- grees 10' 39" E a distance of 44.00 feet; thenca baaring N 22 degrees 48' 56" E a distance of 37.00 feet thence bearing N 34 dagrees 49' 32" E a distance of 24.00 feet; thance bearing N 61 degrees 59' 44" E a distance of 24.00 feet thence bearin9 N 00 degrees 35' 37" E a distance of 51.65 feet; thence N 89 degrees 24' 23" E a distancs of 24.00' thence N 00 degrees 35' 37" E a distance of 70.00 feet; thence N 87 dagraes 46' 08" W a distance of 75.40 faet to the point of beginning. including any accessions, accassories, parts and equipment now or hereafter affixed thereto. The debtors warrant the above dascribed prop arty is free and clear of all liens and encumbrances; that they will pay all personal taxes before the same bacome delinquant; that they will maintain and pay the premiums for fire and extended coverege insurance on said property in an amount not less than the unpaid bale nee of the indebtedness. That if thsy fail to pay any such taxes or premiums, that the secured party may pay the same and any such paymants by tha secured party shall be a part of this indebtness, payment of which shall ba sacured by this financing statement and interest thereon shall eccrue et the rate of intarest provided in tha note of avan date harewith, payment of which this financing statamant sacures. It is hareby agraad that if default be made in the payment of said nota or any part tharaof whan due, or if debtors fail to pay said taxas before the same become delinquent, or said premiums when due, or if any attampt be made to dispose of or remove said proparty from Hall County, Nebraska, or