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900010175
<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 />IN 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 />❑ Additional Terms ...................................................................................... ...............................
<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 />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; Timothy, R.,,Tilomes,,W, & Joseph,P,,O'IVeill........ Entity Name: .........................................................
<br />(Signature)tinloeilf arned perso se of N�atj�omas 1 manned erstiri spouse of J)II; Joseph V. i) NeillDa�llnmar
<br />(Signature ikMINA,-a- married e s n spouse of 1116 t6 y;(j 'Neill, ag ; arson sp us of thomas (nate>
<br />® Refer to the Addendum which is attached d 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) ...... . ...... . .................. . .................. I.................
<br />(Notary Public)
<br />STATE OF Nebraska., , COUNTY OF Hall ............................................ } ss.
<br />This instrument was acknowledged before me this ........15th , , , , , , , day of ................. October, 2000, . , . , , , . , , , , , , .. • .
<br />by Timothy, R., 0' IVeill,.a,married,parson,spousa of Miki. Miki.IXNeills a married person spouse of Timothy,;, Thomas W. O:IVeill, a
<br />(Business married, person, spouse of JiII,,Ji11.0'Neill, a married,person spouse,of Thomas;,Joseph P; O;IVeill,.an unmarried, person.,.,, (Title(s))
<br />or Entity r n
<br />Acknowledgment) of Timothy,R.,,Thomas.W,& Joseph, P;, O' 111e111 ............... ............................... .................. mcolBusmesso
<br />(Na Entity)
<br />a Nebraska, Individual ....:.................. ............................... e ustn entity.
<br />on beha of the b ess�or t .
<br />My commission expires:
<br />=200
<br />...... . .... ..........
<br />GE�Skl (No ry b o)
<br />ply
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