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99 109289
<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 aze 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 /> ❑ �xture 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 b�included in the term "Praperty").
<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 aze 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 /> ❑ �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 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 /> .............................................................................................................................................
<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 /> SIGNATIJRES: 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: S��.T.�,..�0�.�:....................... Entiry Name:
<br /> .........................................................
<br /> BY.:..... . _. ........... .......................................................................
<br /> . ... .. ...... ... . ...... ...
<br /> (Signature) DANNY TAFLOSTf�, PRESIDE[V'!' (Date) (Signature) (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: �^ �j 1
<br /> STATE OF .....I�Q,�l.a�................. . COUNTY OF ....T.1G��!..... .......°..�..�..�.�.,.�............. } ss.
<br /> ���a���a��,> This instrument was ack�,n,;ow,,,,l,e`d�ed b!efore me this ...... . da of....���!�rt,GtGl�.....................
<br /> bY �� • �'�*�+�J,•�'�"`....................�........ Y ..
<br /> .... Y�U,...
<br /> ..........................:............................. .
<br /> My commission ex ires: '
<br /> (Seal) g�pp�NOTARY•State ai Nebraska ���
<br /> Ci::�..�!a���""""T'. ...... .. . . .....................
<br /> MICNELLE L HUNT (Notary Public
<br /> Ny Comm.Exp r6'�(o"'�3 �
<br /> STATE OF N?-�?r�................................ COUNTY OF } ss.
<br /> , ................................................
<br /> This instrument was acknowledged before me this .......2 Oth...,, day of.....SePtember,..1999,,,,,,,,,,,,,,,,,,,
<br /> by DANNY,STAROSTTCA�..PRESIDENT
<br /> ............................................................................................
<br /> �BUS�IIC55 .
<br /> or Entity ..................................................................................................................................... (Title�S))
<br /> Acknowledgment) p f SrI�ROS.I�i,CROUP..C�:.....................: ......: ........................................ (Name of Busiress or Entiry) �.
<br /> ........... i
<br /> a ............................................................................................... on behalf of the business or entity. '
<br /> My commission expires:
<br /> Seal (� � / �'(��.�a
<br /> . + /�, . . ... .................
<br /> GENERAL NOTARY State oi Nebraska �..../ (Notary Public)
<br /> �� MICHELLE L HUNT .,,
<br /> My Comm. Exp�r-t(�-t�3 ;� x� , E^ ,:j , x; r;
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<br />
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