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Q Master form recorded bY __. ___ ____. ___. _____. - -----
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 26, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: WILLIAM JOSEPH KOCH end MICHELLE LYNN lOaCH, HUSBAND AND WIFE
<br />PO BOX 257
<br />DONIPHAN, ME 68832 -0257
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlachwede, Attorney
<br />ME
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, ME 68801 -6003
<br />Organized end Eaciating tinder the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Tractor's performance under this Security instrument, Trustr irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT POOR (4), BISON MEADOWS ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in _ Hall - _ - - - at PO BOX. 257 313 N 4th _St_
<br />(County)
<br />DONIPHAN_ , Nebraska 6883.2_- 0257
<br />(Addeess) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, he part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 9, 570.50 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory motets), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items sued as borrowers' names, note amounts, interest rates, niaturitydates, etc.)
<br />A Promissory Note dated 06/26/2003
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FNLMC, MA OR VA u5 E) /lrge Iof4
<br />F� , ( 1994 BmXen Syonro. lac., Sc Cloud, MN Form RE -aT -NE 1f1O2002 /
<br />®-C 165(NEf 030 1) VMP MORTGAGE FOAMS - (800)521 7291
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<br />DEED OF TRUST
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<br />Construction Security Agreement
<br />Q Master form recorded bY __. ___ ____. ___. _____. - -----
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 26, 2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: WILLIAM JOSEPH KOCH end MICHELLE LYNN lOaCH, HUSBAND AND WIFE
<br />PO BOX 257
<br />DONIPHAN, ME 68832 -0257
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlachwede, Attorney
<br />ME
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, ME 68801 -6003
<br />Organized end Eaciating tinder the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Tractor's performance under this Security instrument, Trustr irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT POOR (4), BISON MEADOWS ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in _ Hall - _ - - - at PO BOX. 257 313 N 4th _St_
<br />(County)
<br />DONIPHAN_ , Nebraska 6883.2_- 0257
<br />(Addeess) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, he part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 9, 570.50 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory motets), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items sued as borrowers' names, note amounts, interest rates, niaturitydates, etc.)
<br />A Promissory Note dated 06/26/2003
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FNLMC, MA OR VA u5 E) /lrge Iof4
<br />F� , ( 1994 BmXen Syonro. lac., Sc Cloud, MN Form RE -aT -NE 1f1O2002 /
<br />®-C 165(NEf 030 1) VMP MORTGAGE FOAMS - (800)521 7291
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