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<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 confened 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�ling. 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. Trnstor 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 goveming unfair and deceptive credit practices.
<br /> ❑ �ling 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 aze 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 /> — DESIGiv'ATION OF HOMESTEAD
<br /> Pursuant to the Fann 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: T�L1PT121,BU11C�2r'Si..I17C:.................. Entity Nam�/.��G��.�r.Q��y...�?.G::.
<br /> �%::::���� � ... ' ... ......31��1�� .......................................................................
<br /> ... ...... ......... .... ....... ...
<br /> (Signature) Dt3V1CZ E. 'I"�71P_Tlel �A� (Date) (Signature) (Date)
<br /> ��-G S r�e..:�L
<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 /> 5TATEOF ........................................... . COUNTY OF ................................................ } ss.
<br /> c�„a;�;a�> This instrument was acknowledged before me this .................... day of..................................................
<br /> by ....................................................................................................................................... .
<br /> My commission expires:
<br /> (Seal) .....................................................................
<br /> (Notary Public)
<br /> STATE OF Nebras}ca............................ . COUNTY OF Hall........................................ } ss.
<br /> This instrument was acknowledged before me this .......30th,,,,, day of.....��?�..1999..........................
<br /> byDavid,E.,,Thienel�..Director..........................................................................................
<br /> (Busiress
<br /> orEntiry ....r.r.�,.,.'..................a........................................................................................................... (Title(5))
<br /> AcFaawledgment) O f 1111eI1el.B1111UerS/..IT1C:........................................ ... . ............ (Name of Business or Entiry')
<br /> a .............................................................................'. ... .. ... ... o b alf of the business or entity.
<br /> My commission expires: `
<br /> (Seal) "�"'� �,,�,
<br /> �-Stab Ot N�rUki ... ... .. ........ . . .... .�.�--:,�...............
<br /> ��� (No[ary Public)
<br /> ��.���� �'" �, ,
<br /> m t993 Rao4ore S�stwms_Inn._St_Clnud.MN 11-900-397•23411 Form AG/CO-DT-NE 10/30/97 paqe 6 of 6 .
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