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<br /> 26.SUC�FSaQR TRUS'TEE. Ficncfrr,'saxy, nt Beneficiary'e aption, mny from dme to tirnc remove Trustee and appoint A •
<br /> cr�iccc��sor tntntee by an ins►.rumcnt n.corded in the county in whlch tt�ie Deed of'I'rust ie recorded.The�uccesear tsustee,
<br /> � withuut conveyence of the Froprri.y, shall succeed to nll the title, po�ver ond duties conferred upon tl�e Trusteis by this
<br /> . nccd ofTrust aad applicable law.
<br /> 27.P�T(Y['ECE. Unlcss othervvise ceyi�ieed bY law, any notlec;shall h2 givcn by deliverin�it or by mnillng it by first class mail " .
<br /> , � " to�lte ep�roprinte party's address an�agc 1 of thls Deed of 7'rust,or to any other a�dress deslgnated in wnting. Notice to
<br /> � ' one tn�stoc will Ue dceme�to be aodr:e to all trustore, ,
<br /> � "'"�°''� Z{i.YJ.C.�.I'ROVISIONS.if checkecl,rue following are applicable ro,but do not limit,this Dea!of Trust:
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<br /> � • ❑ Canstructton l.oan.'I'hia}?r.v'3 of Tmst secures aa obligation incutred for the construction of an provemen on _r ��,,
<br /> �hc FmPcrty. -�•�;
<br /> O Fixture F1ling.'I'cuscor Br�ntn eo Fieneficiary a secarity interest in nll goc�uts that Trustor owns now or in the!'uture �;
<br /> and that are or will becom�fi�s�ru�s Yelated to the Property. �--
<br /> [�Cro�s; Ttmbe�'; Miuesnl�+ �'���s► Issues,and Prefits. Tmstor grants to Beae�iciary.�a security Interest in all ��;;4
<br /> crops,timi�r,and vo.ineraia ta�ted on the Pro�erty as well as all rcnts.issues,and profite of them including,but ,,,
<br /> not liauted to. all Consezva;,iwn iteserve Progtaza (CRP) and Payu�em in Kind (PICt) PaYments and similar �::" =;
<br /> Bovemmentel programs(all of tivhich sha11 also be included in the teim"Property"}. �5:_-�`
<br /> " � n pp�� prQpertY. Tmcror ��rants to Beneficiary a security interest in all personal property locatal on or __
<br /> .. , connected with the Property. '➢his securiry interest includes all Parui products, fnventory, eclulPment, accounts, �; :
<br /> � ; documente. insccuments� �nat�:j F�r,general intangibles, and all other items of personal property 7'mstor owns --�,
<br /> ' now or in tbe futute aud tDu: are used ot useful in the construcrion. owriership. operadon� managemeat� or ` r
<br /> . u�aintenance of the Property• 'Phe teim "personal property" sPecifically excludes that property described as
<br /> "liounehold goods" securc.^d{a�.�nnection w-[th a"consumer" loan as those tern�s are defined in applicable federal -•�
<br /> '� reBulaEions goveruin�unfnir enr�d decepdve credit practices. �•_:-..
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<br /> �]I,S;Un� ps I�ypancing Skatenrrnnt. Trusror a�es and acknowledges that ttus Deed of Ttust also suffices as a !._o
<br /> �- financing statement and an sv:r.l�, may be filed of record es a finaacing statement of pusposrs of Arti^le 9 of th� _.
<br /> Uniform wmmercial Code.A carbon,photographic.image or other reproduction of this Deed of Trust is sufficient �.--
<br /> ' � as a financing statemeat.
<br /> ?�. (YI'6�ER TERMS.If checkod,the£olJ�wing are applicable to this Deed oF Trust:
<br /> ❑Line of Credit.'ihe Secura!17�'abt includes a revolving Iine of cndii p�u�i5io�.Atihou�.i���°^"'�n°-�i�Y!'?
<br /> � ' reduced to a zero balance.tI�is T:�eed of Trust wiU remain 1n effect until released.
<br /> •�':% ❑�grllcultural Property. Trustc+r covenants aa�!wa�rrants that she Property will be used principally for agrtcultural
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<br /> , , or S1c�ing purpases and tbaa Tnxstor is an indi'vidual or entity allowed to own agricultusal land as�peci'Fied by law.
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<br />-.;;�'';;-.;. � .` D�CSIGNATION OF HOMESTEAD
<br /> -�W 3� � •' �� Pursuant to ttxe Farm Homestead I�roi�;ilon Act. designaaon of homestead U is attached to this�eed of Tcusi and made a .
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<br /> �,.�'��* part 6ec+eof O hus beet►diaclaimed:tAre disclaimer i3 attac:hal to this Deed of Ttust and made a part hereof.
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<br /> ':'�`'�',�"'''w4 � �f�NA'TIJ'IRES: Sy signing below. TnL�:or agcas to the tern�s and covenanta contained in this Deect of Tiust and in any
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<br /> '''-'''" "' attaclunents.TiYustor also aclmowledg�s race9Pt of a copy of tlus Aeed of Tiust on the date statecd nbove oa age .
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<br /> -:,. . ,- ❑ Actual Au�hority was granted to eU�e partics signing below by resoRa7doa signed ea ........................
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<br /> ;:�,R`h���ni F,ndty Name: ��'�:..�...�'c.�..�r.................... HnBry Nune: ......................................................... —
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<br /> ''�+y`.""���,°�� �g��r�• �` F. pk'TL�2$ PFtESI.DII�TP�N�te) (Signawrc).....................................................�ate) _
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<br /> •-.' � � '�', 0 Ref.�� co che Addendum �vluc;h is attached and incaipurated herein for additional Ttustoi�s, signatures ac�c] _ _
<br /> ,;;.,;,;• . � xknoa•ledgments. °-°--
<br /> �,`'l,`` ;;�' � � A,CI4�TOWY.EIIGA'iLN'�': -/�/ h'a/� �.
<br /> ;t�, STATE OF..!!!.c:51.�Q:��.................. COUN�''��F.... .... ..����.......}ss.........
<br /> � � ' 'Iliis strum t wus knF�q�before me this ...�G.�.........day of.... .f�es.�:��i. .,
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<br /> �, : , g � GENERI�t MOTARY•St�it o7 WtSr�st� ..�............................................
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<br /> . .� �� hhComm.Eep,Apri1,199a � l � --• -----
<br /> • 7 5I'ATE OF���Rara............................ . COUNT�OF.��....... ........ .. .. ........ }ss.
<br /> ' TIl�S lII9ti'lIrirn[Wn.4 ac:k�ltOtY�+lCa•�*C(I I�forc mc this..e.....�Rt.......day of.....k�P�'�4�,...���7..........................
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<br /> • n�t�k�� of��..$���� � ................. iHU++�or o��,�u a Fni�i
<br /> a.5����G�?......./..................................................................on behalf�f the business or ent{ty. .
<br /> ' My eommission expires: ...
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<br /> ' � O 1893 Ua�4�o SYetame.inc.St C1wA.MN it-000�397�Y94!1 FormAGlCO-DT-NF 9Ii3/96
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