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<br />I <br /> <br />FINANCING STATEMENT <br /> <br />83-..\iLl6354 <br /> <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />TMt \Ian H. White and Bette A. White, husband and wife, of Grand <br /> <br />Island, Nebraska, Hall County, Nebraska, Debtors, for the purpose of <br /> <br />securing the payment of $74,000.00, and interest at 12..3/4% per annum, <br /> <br />computed upon the unpaid principal balance, according to a bond described <br /> <br />as follows; <br /> <br />Dated the 30th day of Novembqr, 1983, in the original amount of <br />$14,000.00 bearing interest at 12-3/4% per annum, comput-ed upon the <br />unpa1.d principal balance, and cayable in equal monthly installments <br />of $853.83 per month, which will apply first upon interest and the <br />balance in reduction of the principal, the first such monthly install- <br />ment payment payable on t.he first day of January.f 1984, <br /> <br />which bond was given the Home Federal Savings and Loan Association <br /> <br />of Grand Island, Nebraska, the debtors do hereby grant, mortgage and <br /> <br />assign unto said secured party the residence house, being 1n improvement <br /> <br />upon a leaseholcj and all appurtenances thereto, said residence house <br /> <br />being situated upon the Lot Th.ienty-Nine (29) l.ocated on the West side <br /> <br />of the East Portion of KU2ste-rs L.ake, being part. of the East Half of <br /> <br />the Southwest Quarter (E~SWld of Section Thirteen (13), Township Eleven <br /> <br />(11) North, Range Nine (9) West Df the 6th P.M'.', in Hall County; Nebraska: <br /> <br />Such Lot is as shown on 3 plat in the possession of the Lessor, includ- <br /> <br />ing any accessions, accessories, parts :::lnd E~Quipment now or hereafter <br /> <br />affixed thereto. <br /> <br />The debtors warrant the above described property is free and clear <br /> <br />of all liens drld encumbrances: that they will pay all personal taxes <br /> <br />before the same become delinquent; that they wi 11 maintain and pay <br /> <br />the premiums for fire and extended coverage insurance on said property <br /> <br />in an amount not less than the unpaid balance of the indebtedness. <br /> <br />fhat if they fail to pay any such taxes or premiums, that the secured <br /> <br />party may pay the same and any suei< payments by the secured party shall <br /> <br />be a part of this indebtedness, payment of which shall be secured by <br /> <br />this financing statement and interest thereon shall accrue dt the rate <br /> <br />of interest orovldE.'d in the bone! of even date herewith, payment of <br /> <br />wtlich this financing state<!lent secur'3$. <br /> <br />It is hereby agreed that if default bE' ",.ade in the payment of <br /> <br />9aid ty~ld- d't ~ny part thereDf \~hen due" or if debtors fail to pay said <br />