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FINANCING STATEMENT AND SECURITY AGREEMENT Debtors (last name first) and addresses Secured Part ties) and addresses F IDLming tlfficerf �j Route?t@Boxh80,IgWoodd Riverahling I Main Street, Suite Society ° °�' 001 (3o Ya M -a_90 Sri 641QS Debtor, whether one or more, for conaideration, hereby grant¢ to Secured i'arly a securlty Ime•rest in the. following property checked below and any aaA at] Increase, additions, accessions and subatltuHtgta then•to nr therefore (herelna(ter called the Collateral) B All of the Debtor"/ livestock 0 All of the Debtors fred fdf,pvestttrit ❑All of the Debtor'. crops t All of the Debter's farm and ranch machinery and equipment )they: (Ueecribs and attach separate list If necessary) SEE_ERHIBIT A ATTACHED. If marked here 14 Debtor graWe a security interest in all similar property owned by Debtor during the time the obligations are outstanding, althoagh torch grope y may he acquired or be natural Increase after the date hereof. If marked here pp the security Interest shall attach to all product and proceeds of Collateral, but Secured party does not hereby consent to the elk of he Collates. If marked here a Debtor shall, so long as no event of default has occurred, hfl -e the right In the regular course of bus(nesa, to process and sell Imsatory anQ farm pyr�ood�ucts only, but the security Interest shall attach to all product tine] pnx.eeds regular Collateral. It any of the Cbllaterai has tree. attached to or Is to be attached to real [ t , or f the Coll t raj in lu a Sr pa o oil, gas o Inerals to be extracted or timber to be cut, a deseriptlon of the real estate is as follows: 99 �r} Oi SeC, l) anQ /c)•' OI Sec. 41, Township 9N, Range ilWest of the 6th. P.M. Hacl�pl�C��ou�nty[C Nebraska. and tits n&mo of the record owner of the real estate is...LaMonte..Sabling -anti. Donna. Sah1„ 1I, Kf-.... ...._- _--- _- ..------ __......... .....B. Ki.-..-...-i .............. —.... ._.._....-..._.. ......_......... ..... .. ....... . .._. .... _.-- .-- --- -'--.-- ..,----- ---------- Debtor warrants $hat unless marked otherwise the Collateral is used or being 1„antitt primarily Utr personal, family or household purposes; but ]f marked here;lUor farming operations, if marked here fl for business operations, and If mark here p the Collateral Is being acquired with the proceeds of the note or notes, which Secured Part' may aburse directly to the seller of the Collatera . This and all allied Instruments are executed to secure t v en th lnde�5a�1ness bR. ... ........certain p Issor note. -_ of even date herewith payable to Secured Party, or order, as follows: $�t4�rb$�b,$0 wltb payments Prinelpa - 1, 00.00 plus Int. due 7 -1 -1985 and S.A. thereafter until 1 -1 -1997 when bal. will be due and paable. together with the covenants In tbls agreement, such addltinnal sums as may at the option of the Secured Party be 11,11-need to Debtor, such advances as shall be made by Secured Party under this at,Teement Gtr the protection of the Collateral, any and ¢II other amounts as shall in any ttta.nsr be due from Debtor [o Secun•d Party and n1I costa and axpenaes tneurred In the collection of same and enforcement of rights of Secured Party hereunder, all f the foregoing being collectively Called the Obligations. 1 >P8T()R At; REES THAT HE HAS READ THIS At RFEMENT AND THAT THIS AGREEMENT INCLUDES AND IS SUBJECT TO THE ADDITIONAL PROVISIONS SET FORTH BELOW A \DUN THIS' REVERSF. S1UkI HEREOF, THE SAME. BEING INCORPORATED HEREIN SY REFERENCE. Executed this ..- ISt,.. _._ .... day of Jdn.Rdrjt THE EQUIT LIFE AS E SOCIETY OF THE - BY t y L me Sahlin btor m• _ . BY. fff/// nna S L4� Ross F. Caton, Re nal Vice President t "`' "rl Donna Sahling Debtor " I-- 19-3 Aar. UCC (For Ageie¢Ituret ORIGINAL E X H I B I T "A" 1- 100 HP Randolph gearhead Ser. #97462 - T &L Pivot System Full Size Serial No. Unknown 1- 100 HP Amarillo gearhead Ser. #119818 - T &L Pivot System Full Size Serial #- Unknown. 1- Turbine Western Land Roller Pump Ser. #KB75473 with 8" Column, 1- Turbine Western Land Roller Pump Ser. #KB78198 with 8" Column. 1- John Deere Diesel Motor (404) Serial Number 001791R 1- John Deere Diesel Motor (414) Serial Number Unknown.