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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 'I
<br /> the Property.
<br /> ❑ Fiacture 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 />�I no: limited to, ati-�onsenratirni Iteserv� Prograrn (CRP) and �'ayment in ��ind (PIK) payments and similaz
<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 /> ❑ F�ling As �nancing 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 cazbon, photographic, image or other reproduction of this Deed of Trust is sufficient
<br /> as a�nancing statement.
<br /> 29. OTI�R 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 /> .............................................................................................................................................
<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: �IS..R:..PETE�SE[�T............................ Entity Name•
<br /> . .........................................................
<br /> A SIl�TGLE PERSOIQ
<br /> .
<br /> c--- �-,
<br /> � � -�l�:- -t 9
<br /> ........ .... �...... ........ . .. . . ......... .:.....................................................................
<br /> (Signa e) (Date) (Signature)
<br /> (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 /> ST.ATE QF ��',s�,S�.........:.................. . CG'v'NTY Gr Iz:"nLu........................................
<br /> ; ss.
<br /> c�����a��� This instrument was acknowledged before me this ......19th,,..., day of....�Y,..1999
<br /> .......................:.........
<br /> by ..�S.R:..P��IN....A.$�..p�N '
<br /> ............. .. ................. ..... ........ ............ ... ........ .
<br /> My commission expires: ........-
<br /> (Seal) ��
<br /> GENERAI NOtAAY•State ol Nebraska : :
<br /> 1� JOSEPH R.DOBROVOtNY ' " "" """ """
<br /> (Notary Public)
<br /> My Comm.Exp.Sept.3,2000
<br /> STATEOF ........................................... : COUNTY OF ................................................ } ss.
<br /> This instrument was acknowledged before me this .................... day of...................................................
<br /> cB�5��s5
<br /> by .........................................................................................................................................
<br /> orEntiry ..................................................................................................................................... (Title(5))
<br /> Acimowledgment) Of ................................................................................................................... (Name of Business or Entity)
<br /> a ............................................................................................... on behalf of the business or entity.
<br /> My commission expires:
<br /> (Seal)
<br /> .....................................................................
<br /> (Notary Public)
<br /> .
<br /> .. �.,......,__,_ _.. . . _ _. . — - — - .0 ; ,
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