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200000585 <br /> 26. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a <br /> successor trustee by an instrument recorded in the county in which this Deed of Trust is recorded. The successor trustee, <br /> without conveyance of the Property, shall succeed to all the title, power and duties conferred upon the Trustee by this <br /> Deed of Trust and applicable law. <br /> 27. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail <br /> to the appropriate party's address on page 1 of this Deed of Trust, or to any other address designated in writing. Notice to <br /> one trustor will be deemed to be notice to all trustors. <br /> 28. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust: <br /> ❑ Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on <br /> the Property. <br /> ❑ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the future <br /> and that are or will become fixtures related to the Property. <br /> ❑ Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary a security interest in all <br /> crops, timber, and minerals located on the Property as well as all rents, issues, and profits of them including, but <br /> not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and similar <br /> governmental programs (all of which shall also be included in the term "Property"). <br /> ❑ Personal Property. Trustor grants to Beneficiary a security interest in all personal property located on or <br /> connected with the Property. This security interest includes ail fann products, inventory, equipment, accounts, <br /> documents, instruments, chattel paper, general intangibles, and all other items of personal property Trustor owns <br /> now or in the future and that are used or useful in the construction, ownership, operation, management, or <br /> maintenance of the Property. The term "personal property" specifically excludes that property described as <br /> "household goods" secured in connection with a "consumer" loan as those terms are defined in applicable federal <br /> regulations governing unfair and deceptive credit practices. <br /> ❑ Filing As Financing Statement. Trustor agrees and acknowledges that this Deed of Trust also suffices as a <br /> financing statement and as such, may be filed of record as a financing statement of purposes of Article 9 of the <br /> Uniform commercial Code. A carbon, photographic, image or other reproduction of this Deed of Trust is sufficient <br /> as a financing statement. <br /> 29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust: <br /> ❑ Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be <br /> reduced to a zero balance, this Deed of Trust will remain in effect until released. <br /> ❑ Agricultural Property. Trustor covenants and warrants that the Property will be used principally for agricultural <br /> or farming purposes and that Trustor is an individual or entity allowed to own agricultural land as specified by law. <br /> ❑ Additional Terms. .................................................................................................................... <br /> ............................................................................................................................................. <br /> ............................................................................................................................................. <br /> DESIGNATION OF HOMESTEAD <br /> Pursuant to the Farm Homestead Protection Act, designation of homestead ❑ is attached to this Deed of Trust and made a <br /> part hereof ❑ has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <br /> SIGNATLTRES: By signing below, Trustor agrees to the terms and covenants contained in this Deed of Trust and in any <br /> attachments. Trustor also acknowledges receipt of a copy of this Deed of Trust on the date stated above on Page 1. <br /> ❑ Actual authority was granted to the parties signing below by resolution signed and dated ................................... . <br /> Entity Name: CRAZG.E:..E[�TSLEY.............................. Entity Name: ......................................................... <br /> A SINGLE PERSON <br /> � �'s.�'�u <br /> ........... .................... ....................................................................... <br /> (Signature) (Date) (Signature) (Date) <br /> ....................................................................... ....................................................................... <br /> (Signature) (Date) (Signature) (Date) <br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br /> acknowledgments. <br /> ACKNOWLEDGMENT: <br /> STATE OF Nebras}ca............................ . COUNTY OF �L........................................ } ss. <br /> (Individuaq This instrument was acknowledged before me this ......2 Oth....,, day of....January,..2 000...................... <br /> by .CRAIG.E.:..EL�TSLEY,..A..SINGLE.�ERSON <br /> .................................................................................. . <br /> My commission expires: /' � �q cIr r� � � � I� : <br /> (Seal) 1 ____[�(.1/�:1.1��lK-.�1�%...l�.c. .. . . ............... <br /> � GENERAL NOTARY St�fe M Neb►�ska �� (Notary Public) <br /> MICHELLE L.HUNT <br /> -- �h Cort►m.ExP:Aup. 16.2 <br /> STATEOF ............................... .... NTY OF ................................................ } ss. <br /> This instrument was acknowledged before me this .................... day of................................................... <br /> cB�5��s5 <br /> by ......................................................................................................................................... <br /> or Entiry ..................................................................................................................................... �Ti[le�s)) :. <br /> Ackrwwledgment) Of ' <br /> ................................................................................................................... (Nameof Businessor EntitY) <br /> a ............................................................................................... on behalf of the business or entity. <br /> My commission expires.r <br /> (Seal) <br /> ..................................................................... <br /> (Notary Public) <br /> � �} i�. T ; r . , t. , ♦. <br /> � � _ � r. � 1 �. <br />