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FINANCING STATEMENT <br />KNDW ALL MEN BY THESE PRESENTS: <br />Hall County, Nebraska <br />ae <br />That Earl Killefer and Chong Sook Killefer, each in his and her own right, and <br />as spouse of each other, <br />of Koester Lake, R.F.D. 03,'Hall County, Nebraska, Debtor , for the <br />purpose of securing the payment of $45,000.00 , and interest at 8.0 per <br />annum, computed upon the unpaid principal balance, according to a bond described <br />as follows: <br />Dated the 9th day of September 19 87, <br />in the orig nTmmount of $45,000.00 ^ bear ng <br />interest at 8.0 per annum, computed upon the <br />unpaid principa a ance, and payable in equal monthly <br />installments of $430.05 per month, which will apply <br />first upon interest a- nd the balance in reduction of the <br />principal, the first such monthly installment payment <br />payable on the Ist day of october , 19 87 . <br />which bond was given The Equitable Building and Loan Association of Grand Island, <br />Nebraska, the debtors hereby grant, mortgage and assign unto said secured <br />party the residence house, being an improvement upon a leasehold and all appur- <br />tenances thereto, said residence house being situated upon: <br />Lot Twenty Five (25) and the Southerly Ten (10) Feet of Lot Twenty Four (24) <br />having a lake front footage of One Hundred Thirteen (113) feet situated on the <br />West side of the West part of Kuester Lake and being a part of the East Half of <br />the Southwest Quarter (E�SWk) in Section Thirteen (13), Township Eleven (11) <br />Range Nine (9) West of the 6th P.M., Hall County, Nebraska. <br />including any accessions, accessories, parts and equipment now or hearafter <br />affixed thereto. <br />The debtors warrant the above described property is free and clear of all <br />liens and encumbrances; that they will pay all personal taxes before the same <br />become delinquent; that theywitl maintain and pay the premiums for fire and <br />extended coverage insurance on said property in an amount not less than the <br />unpaid balance of the indebtedness. That ifthey fail to pay any such taxes <br />or premi ums, that the secured party may pay the same and any such payments by <br />