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Hall County, Nebraska - 106875 Date and ime Number FINANCING STATEMENT KNOW ALL MEN BY THESE PRESENTS: That Betty L. Hoeft and Thomas E. Hoeft, wife and husband, of Kuester Lake, R.F.D. #3, Hall County, Nebraska, Debtors, for the purpose of securing the payment of $36,000.00 , and interest at 10.5 per annum, computed upon the unpaid principal balance, according to a bond described as follows: Dated the 27th day of November 19 87 in the origi—n-a7 amount of $36,000.00 bear ng interest at 10.5 per annum, computed upon the unpaid principal balance, and payable in equal monthly installments of $397.94 per month, which will apply first upon interest and the balance in reduction of the principal, the first such monthly installment payment payable on the Ist day of December , 19 87. which bond was given The Equitable Building and Loan Association of Grand Island, Nebraska, the debtor s do hereby grant, mortgage and assign unto said secured party the residence house, being an improvement upon a leasehold and all appur- tenances thereto, said residence house being situated upon: A tract of land known as #68 Kuesters Lake, said tract being a part of the East Half of the Southwest Quarter:(EiSW U of Section 13, Township 11, North, Range 9 West of the 6th P.M., Hall County, Nebraska, said tract being more particularly described as follows: With reference to the SE corner of said SWk; thence running on an assumed bearing of N29 degrees 02'18 "W for a distance of 1360.75 feet to the actual point of be- ginning; thence S80 degrees 17'21 "W for 108.68 feet; thence S86 degrees 52'59 "W for 121.40 feet; thence S88 degrees 51'13 "W for 82.25 feet; thence N23 degrees 06' 00 "E for 87.45 feet; thence N87 degrees 44'34 "E for 245.14 feet; thence S26 de- grees 15'46 "E for 70.82 feet to the point of beginning. including any accessions, accessories, parts and equipment now or hearafter affixed thereto. The debtor s warrant the above described property is free and clear of all liens and encumbrances; that they will pay all personal taxes before the same become delinquent; thatthey will maintain and pay the premiums for fire and extended coverage insurance on said property in an amount not less than the unpaid balance of the indebtedness. That if they fail to pay any such taxes Lor premiums, that the secured party may pay the same and any such payments by