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<br />FINANCING STATEMENT & SECURITY AGREEMENT
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<br />Debtor(s) (Last Name First and Address(es):
<br />TERRY L BABCOCK, 507-94-1639
<br />TRACY L BABCOCK, 507-82-9953
<br />41 KUESTER LAKE, GRAND ISLAND, NE 68801-8609
<br />
<br />Secured Party(ies); Name(s) and Address(es)
<br />EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND
<br />POBOX 160
<br />GRAND ISLAND NE 68802.0160 Federal I.D. # 47-0151910
<br />
<br />For Filing Officer; Time, Date, No., Filing Office
<br />
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />
<br />That TERRY L BABCOCK AND TRACY L BABCOCK. HUSBAND AND WIFE. of Kuester Lake, Hall
<br />County, Nebraska, Debtor(s), for the purpose of securing the payment of $100.000.00. and interest at 5.375
<br />per annum, computed upon the unpaid principal balance, according to a Note described as follows:
<br />
<br />Dated the 6TH day of OCTOBER , 2005 , in the original amount of $100,000.00 bearing
<br />interest at 5.375 per annum, computed upon the unpaid principal balance, and payable in equal
<br />monthly installments of $810.47 per month, which will apply first upon interest and the balance in
<br />reduction ofthe principal, the first such monthly installment payment payable on the .l..SL day of
<br />DECEMBER , 2005 .
<br />
<br />Which note was given to Equitable Federal Savings Bank of Grand Island, the debtor(s) does(do) hereby
<br />grant, mortgage and assign unto said secured party the residence house, being an improvement upon a
<br />leasehold and all appurtenances thereto, said residence house being situated upon:
<br />LOT TWENTY (20), HAVING A LAKEFRONT FOOT AGE OF ONE HUNDRED (100') FEET,
<br />SITUA TED ON THE EAST SIDE OF THE EAST PORTION OF KUESTER LAKE, AND BEING ON A
<br />PART OF THE EAST HALF OF THE SOUTHWEST QUARTER (El/2SWl/4) OF SECTION THIRTEEN
<br />(13), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., IN HALL
<br />COUNTY, NEBRASKA.
<br />
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