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200005095 <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 />❑ Fiixture 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 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 />XN Additional Terms. . any.2.o aa..pxacesds .ara..ussd.far...a....... <br />..RVXP PAP_ that.. will. m trial ta.. to. axGess lxe.e rasinn.. of ..hi.ghly..eradible..land.Ax... <br />AQ..tha. ony.e.va .On..Rf.watlan- l- 1Q.pxadu e..or..ta.maks.pass ble.ths..produc:tion..of. <br />an agricultural commodity, furttf6 explained in 7 CFR Part 1940,Subpart G Exhibit M <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 :9 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 Nam: T......................... Y DL.. WEND.. DlM <br />Entity Name. . .... ,........ ............................... <br />xUSBA>`ID <br />ed <br />wry <br />4X_�'...:7:777777777n.. .. v C) %_ o1........ <br />(signature) (Date) (Signature) Gate) <br />............................... ............................... ......... .......,....................... ...111..................1...... <br />(Signnttire) mate) (Signature) (Hate) <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />STATE OF 1;T*Mks .............................. COUNTY OF BU1;'F'AM } ss. <br />OEXUVW ) This instrument was acknowledged before me this .................... day of ... Junes 2000 ........................... <br />by TII�iOTIiY .. and i...?? 1 <br />..... 111... . .............................. . <br />. . <br />My commission expires: ( g�ERAt NOTARY-Stale of Nebraska �,D <br />(set) DALE L. JOHNSON ........�LI�LI . ....................................... <br />C010(11. o Public <br />MY UP. Oct 23, 2002 ) <br />STATEOF ............ ............................... . COUNTY OF ................. ............................... } ss. <br />Thisinstrument was acknowledged before me this .................... day of.................... ............................... <br />Mud— by ............ ..............:................ ........ ....... ................ ............................... <br />or Fxft ..... ...........................................................:..................................:. ............................... '(rsdoa) <br />Ao�morloa) of .................................................................................... ............................... (Nome of &uimu or Emitr) <br />a:.: r..... :. ............................... ............................... on behalf of the business or entity. <br />My commission expires: <br />(seal) <br />..... ............................... 1111........................... <br />(Notary Public) <br />