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99 110? q9
<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 writmg. 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 /> �$Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the future
<br /> and that are or will become fixtures related to the Property.
<br /> ❑ Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary a security interest in all
<br /> crops, timber, and minerals located on the Property as well as all rents, issues, and profits of them including, but
<br /> not limited to 4o se a'o s�rv� P�a ram (CRPj and Payment in Kind (PIK) payments and similar
<br /> �p�, _ ,,
<br /> _�_�..� _
<br /> ❑ Personal Property. Trustor grants to Beneficiary a security interest in all personal property located on or
<br /> connected with the Property. This security interest includes all fann products, inventory, equipment, accounts,
<br /> documents, instruments, chattel paper, general intangibles, and all other items of personal property Trustor owns
<br /> now or in the future and that are used or useful in the construction, ownership, operation, management, or
<br /> maintenance of the Property. The term "personal property" specifically excludes that property described as
<br /> "household goods" secured in connection with a "consumer" loan as those terms are defined in applicable federal
<br /> regulations governing unfair and deceptive credit practices.
<br /> �$ 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 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: STAROSTKA,HOMES�..INC:.................... Entiry Name: .........................................................
<br /> BY.:..................... .............:.............................. .......................................................................
<br /> (Signature) I�,NNY AROS'I�P,, SECRETARY (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:
<br /> STATEOF ........................................... . COUNTY OF ................................................ } ss.
<br /> c,,�;�;�,a,> This instrument was acknowledged before me this .................... day of..................................................
<br /> by ....................................................................................................................................... .
<br /> My commission expires:
<br /> (Seal) .....................................................................
<br /> (Notary Public)
<br /> STATE OF Nebraska............................ . COUNTY OF HALL........................................ } ss.
<br /> This instrument was acknowledged before me this .......28th..,,_ day of.....J�Y.�..1999...........................
<br /> by DANL�IY,STAROSTKA�..SECRE'TARY...............................................................................
<br /> cB�5��55
<br /> ........................................................................... cT�uecS»
<br /> orEn[ity ............................. .................. ot Busmessor
<br /> ...........
<br /> n�k�Wi�agmr��> of STAROSTKA,HO1�Si...�C:......................................................... ................. (Name Entiry)
<br /> a .....................
<br /> ..........................................................................
<br /> on behalf of the business or entity.
<br /> My commission expires: �/�
<br /> (Seal) ..... .... .........I/..�. .Y:::•':••......................
<br /> 6ENERAI NOTARY-Si�la ot Nebnsk� (Notary Public)
<br /> � MICHELIE l.HUNT
<br /> ._ My Comm.Exp.Aup.16.2003 �� t� � � �� �,
<br /> `�
<br /> , � . , OO 1993 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form AG/CO-DT-NE 10/30/97 pagB 6 Of 6
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