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<br />WHEN RECORDED MAIL TO: O
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $150,000.00.
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<br />THIS DEED OF TRUST is dated October 9, 2003, among LARRY R KOCH and MICHAEL J KOCH; AS
<br />TENANTS IN COMMON AND RUTH KOCH, SPOUSE TO LARRY R KOCH AND NANCY R KOCH, SPOUSE TO
<br />MICHAEL J KOCH ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and
<br />Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as
<br />"Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL County, State of
<br />Nebraska:
<br />LOTS SIX (6) AND SEVEN (7) IN BLOCK FORTY FOUR (44) IN PACKER AND BARR'S SECOND ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND 8.9 FEET BY 120 FEET ALONG AND
<br />CONTIGUOUS TO THE SOUTH SIDE OF LOT SEVEN (7) OF BLOCK FORTY FOUR (44) TO THE SOUTH
<br />SIDE OF LOT SEVEN (7) OF BLOCK FORTY FOUR (44) PACKER AND BARR'S SECOND ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND ORIGINALLY PLATTED AS PART OF
<br />PACKER AND BARR'S ANNEX TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, BEING
<br />ALL LOCATED IN THE SOUTHWEST QUARTER (SW1 /4) OF THE SOUTHEAST QUARTER (SE1 /4) OF
<br />SECTION SEVENTEEN (17) IN TOWNSHIP ELEVEN (11) RANGE MINE (9) WEST OF THE 5TH PAJI., HALL
<br />COUNTY, NEBRASKA AND THAT VACATED PORTION OF CLARENCE STREET VACATED UNDER
<br />ORDINANCE #5005 OF THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 2422 W LINCOLN HIGHWAY, GRAND ISLAND, NE
<br />68801.
<br />CROSS— COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of
<br />Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them, whether now existing
<br />or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Trustor may be liable individually or jointly with
<br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter
<br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no event shall such future advances (excluding
<br />interest) exceed in the aggregate $150,000.00.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
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