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200101752 <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 truster 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 />IN 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 all farm 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 />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 />SIGNATURES: 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: ZI.4LCR.T.I UMOR WATO ....................... <br />....... <br />.............. ............ <br />(Signature)WILLIAM (Date) <br />(Slgnature)J . .................(Date) <br />• • • • • • • I.ILA AI ��ffk-fft-41TWARY�� <br />• <br />EntityName :.......................... ............................... <br />......... ............................... ............ <br />(Signature) (Date) <br />.................................... ............................... <br />(Signature) (Date) <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />STATEOF ............ ............................... . COUNTY OF ................. ............................... ) ss. <br />(Individual) This instrument was acknowledged before me this .................... day of................... ............................... <br />by........................................................................................................ ............................... <br />My commission expires: <br />(Seal) ...................................... ............................... <br />(Notary Public) <br />STATE OF N @brAOR . ............................... . COUNTY OF HA. 44........... ............................... ) ss. <br />This instrument was acknowledged before me this ........ Af4l ..... day of ................... M* 0,2001 ................ <br />by W1.4lrIAM P,,�ILLER,,PRCS�QENT;,JULANN Z14LER, SECRETARY ............. <br />(Business .. .................................. ............................... <br />or Entity ... .. ...................... ......... ................................................................ ............................... (Title(s)) <br />Acknowledgment) of Zt44ER,TILE.INCD.RPORAI .................................................. ............................... (l ame f o Business orEntity) <br />a NPb. wka. Go r114r01 P. 4 ....................................... ............................... on behalf of the business or entity. <br />My commission expires: <br />( ill GENERAL NOTARY State of Nebraska <br />..........� .... .. .. ... ............................... <br />CURTIS W. MICKEY (No Public) <br />Vy Comm. ft Feb. 6, 2004 <br />