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r FINANCING STATEMENT AND SECURITY AGREEMENT 86— 102080 Uniform Comtt Weial Coda rinsrructions for oreBanno and filing Financing Statement and Security Agreement are on the reverse sidel aNANC" to a filing officer for 1. Debtors) (Last name first) and address(es) 2. Secured Party(ws) and addra*o$) For Filing Officer (Date, Time, Number and trtchr rty Cody of debttx's ►widenee Filing Office) H. William eycutt=1hael L. THE OVERLAND NATIONAL BANK Honeycutt, A Partnership d/bia OF GRAND ISLAND Value Center Furniture of Post Office Box 1688 W It , Nebraska Grand Island, NE 68802 A 3. nes(s) of Secured Party and sddresAes): CREATION OF SECURITY INTEREST AND DESCRIPTION OF COLLATERAL f. all of naMnr's nrmmnt and future indebtedness ar.1 liabiliaties of whatever nature to Secured Party, and W renwvals and extensions thereof, grants Secured Party a security interestt in the toltowmg collateral, wnemar now ownaa or nasal— awe,. w. , the Debtor. and in additions, accessions, substitutions thereto; and all products and Proceeds thereof. All accounts and all records of account relating to said accounts, including accounts receivable, contract rights, and all other forms of obligations owing to debtor; all inventory and all records relating to said inventory; all furniture; fixtures, and equipment now owned or hereafter acquired, and all proceeds therefrom. 4. Description of real estate: East 2/3 of Lot 2, Block 64, Original Town, City of Grand Island, Hall County, Nebraska. 5. Name(s) of record owner(s) if different than debtor(s): 6. C If 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 C Continuation Statement or. Can amendment (complete item 8 below) pursuant to Section 9 -412 of the Nebraska Uniform Commercial Code, and does not in anyway constitute an abandonment of filings 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 I DATE OF FILING LOCATION OF OFFICE F---TYPE OF FILING _ i 8. ❑ If checked here. 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: jNoie: Signature of both Debtor and Secured Party is required.) I s 1 yyAnnAn I IC0 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 hare — _- -..__. for business operations only, 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 acquire( by Debtor with the proceeds of any note or notes Secured Party may disburse directly to the Seiler of the collateral. DEBTOR AGREES TO ADDITIONAL TERMS INCLUDED IN ALL SECURITY AGREEMENTS GIVEN TO SECURED PARTY H. William Honeycutt - Michael. L neycutt, Executed this 24th day of __. April —_ _ _ 19 86 —_. A Partnership d /b /a Value Center iture of Gran�Island,, Nebraska \ THE OlfQ2I.4�ID NATIONAL BANK OF GRAND ISLAND By: Ci • �r "r _....�..t. _ , - - -- 4 QY f �?- -- � __. � – — Signal.* or Secured Parr Mec 1070 Aw 7183 T 111 "J(3 rJF i=1Ci_R'S COP`( - -i NANCINC 5'! .83.- T!:- ..?-'i.�.!' u l,!