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I <br />L <br />Fr <br />80 6W 14-11r) <br />Page 1 of 2 <br />Eighth Form Credit District <br />FINANCING STATEMENT AND SECURITY AGREEMENT -FLO <br />This financing statement Is presented to a filing officer for filing pursuant No. of Additional <br />to the Uniform Commercial Coda. Shoots Provided: <br />Debtor(s) (last name first) and Address(es): Filing Officer, <br />Koch, Herbert, aka Herbert A.J., and Helen <br />1, Box 256 <br />, <br />Grand Island, NE 681303 7 106085 <br />SSO Or IDS: 505 -48 -5556 <br />nR- 12 -1nos <br />Secured Party and Address: THE FEDERAL LAND BANK OF OMAHA, 206 S. 19th St., Omaha, NE 88102 <br />FTIN 47- 0392168 <br />Debtor, whether one or more, for consideration, hereby granted to Secured Party a security interest in the following property, and in all <br />similar property owned or hereinafter acquired, and any and all increases, additions, accessions and substitutions thereto or therefore, <br />including any proceeds thereof (hereinafter called the Collateral): <br />All wells, pumps, motors and equipment located on and used to irrigate said <br />premises, and any additions to or replacements thereof, which items are <br />declared to be a part of the mortgaged premises and appurtenant to said real <br />estate. <br />If any of the Collateral has been attached to or is to be attached to real estate, a description of the real estate is as follows: <br />Sec. Twp. Rg. <br />SW1/ 4------------------------ --------- ------------- - - - -14 <br />N1 /2SE1 /4; and tract described as follows: Commencing <br />at the Southeast corner of the NE1 /4, running thence in <br />a northerly direction for a distance of 13.5 rods, <br />thence in a westerly direction for a distance of 160 <br />rods, thence in a southerly direction for a distance of <br />14.5 rods, thence along the south line of said NE1 /4 in <br />a easterly direction for a distance of 160 rods to the <br />place of beginning and containing 14 acres, <br />more or less-------------------------------------------- <br />Allin----------------------------------------------- <br />(Continue on attached sheet, if necessary.) <br />23 <br />12N 1OW 6th P.M. <br />The name of the record owner of the real estate is Herbert Koch. aka H - h. r A_ T. Koch and Helen Koch <br />husband and wife <br />Debtor warrants that unless marked otherwise the Collateral is used or being bought primarily for personal, family, or household purposes; <br />but if marked here ® for farming operations, if marked here ❑ for business operations, and if marked here ❑ the Collateral is being <br />acquired with the proceeds of the note or notes, which Secured Party may disburse directly to the seller of the Collateral. <br />This and all allied instruments are executed to secure payment of the indebtedness evidenced by one or more promissory note(s) payable <br />lo3 ecured Party, inthetotal principal amountof$ i 7n,noo -on , payable according to the terms thereof, together <br />with the covenants in this agreement, such additional sums as may at the option of the Secured Party be advanced to Debtor, such <br />advances as shall be made by Secured Party under this agreement for tha protection of the Collateral, any and all other amounts as shall in <br />any manner bedue from Debtor to Secured Party and all costs and expenses incurred in the collection of same and enforcement of rights of <br />Secured Party hereunder, all of the foregoing being collectively called the Obligations. <br />DEBTOR AGREES THAT HE /SHE HAS READ THIS AGREEMENT AND THAT THIS AGREEMENT <br />INCLUDES AND IS SUBJECT TO THE ADDITIONAL PROVISIONS SET FORTH ON THE REVERSE SIDE <br />HEREOF, THE SAME BEING INCORPORATED HEREIN BY REFERENCE. <br />Dated _a kfC__ 1. __ , 19 3 7 —_ . DEBTOR(S) <br />Herbert Koch <br />lielc n Koch <br />(ower) I <br />