|
Q9. .��6213
<br /> �.x
<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 an.y 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. T'his Deed of Trust secures an obligation incuned 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 Pro�ts. 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 prograr_ms(all of which sha11 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 fann products, inventory, equipment, accounts,
<br /> documents, instnunents, 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 aze defined in applicable federal
<br /> regulations goveming unfair and deceptive credit practices.
<br /> ❑ Filing As FYnancing 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 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: ��,�� B���SS,..�:......... Entiry Name: �IF� L. �—�''RNTSS
<br /> ... . .........................................................
<br /> HCTSSAl�ID ArID WIFE HLTSBAl�ID ADID WIFE
<br /> .
<br /> .... ... . . . ..�an.� t,-is�t... . .. ........�........ .. .......'. ......Go�lS�q
<br /> (Signature Date) (Sig re) (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 /> ACKNOWLEDGll�NT:
<br /> STATE OF ............:.... }
<br /> Nebraska .......................... . COUNTY OF H�?-1......................................... ss.
<br /> c►m�,.�a„�� This instrument was acknowledged before me this ......15th,,.,,, day of....Jtzne,,,1999,,,,,,,,,,,,,,,,,,,,,,,,,,,
<br /> by RAYNIOND.JACK,RFRF'RNTgg,..!7R:..and..JENL�TIF'ER.L.. BEBERNISS R... BAND AND WIFE and
<br /> . .................. ........... .
<br /> My commission expires: „_�_ �
<br /> (Seal) GENERAI NOTAAY�SIate oi Nebraska
<br /> ........ ....... ............ ... ... .. .....................
<br /> �I� JOSEPH R.DOBROVOINY (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 /> by .........................................................................................................................................
<br /> �s�5�I1055
<br /> or Entity ..................................................................................................................................... (Title(5))
<br /> Acknowledgment) Of ................................................................................................................... (Name of Business or En[ity)
<br /> a ............................................................................................... on behalf of the business or entity.
<br /> My commission expires:
<br /> (Seal)
<br /> .....................................................................
<br /> (Notary Public)
<br /> 'i�'.�. .. .'` .. . ..
<br />
|