|
200405629
<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 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 />0 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
<br />future 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 be included in the term "Property ").
<br />El 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 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 carbon, photographic image or other reproduction of this Deed of Trust is
<br />sufficient as a financing statement.
<br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust:
<br />0 Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may
<br />be reduced to a zero balance, this Deed of Trust will remain in effect until released.
<br />El 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
<br />law.
<br />0 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 E:l 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 />-------------- ------ --------------
<br />-
<br />--
<br />I
<br />Entity Name: - -- Entity Name:
<br />/ ��,
<br />4Uel ------ ---- - - - --- - - - -- - - - -- --- - - - - -- g - -
<br />(Si nature) T y Sr. (Dat e) (Signature) (Date)
<br />-------- --------- - - - - -- - --- - - - - -- - -
<br />(Signature) (Date) (Signature) (Date)
<br />0 Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATE OF Nebraska - ------------ ------------ - - - - -- COUNTY OF ---- Hall
<br />(Individual) This instrument was acknowledged before me this - 4th------ - - - - -- day of Ju_ ne 2004
<br />by Tommy~Ummel Sr., a single person
<br />My commission expires: �
<br />�,_,,L,;t i_ N0W -8W of Nebraska ; cI
<br />(Seal) IPI DAVID MCHARDSON
<br />(Notary Public) _
<br />�..
<br />r" Coate. April 21, 2008
<br />STATE OF
<br />This instrument was acknowledged before me this - --
<br />by------- - - - - -- -- - - -- - - - - -- - -- ----- -- --------------- - - - - --
<br />COUNTY OF
<br />- - -- day of - --
<br />(Business
<br />or Entity
<br />Acknowledgment) Of - - -- -- ---------------- -- ---------
<br />-
<br />a------------- -
<br />My commission expires:
<br />(Seal)
<br />f5(j5&—I,"0 1993 Bankers Systems, Inc., St. Cloud, MN Form AG /CO -DT -NE 3/8/2001
<br />- C164(NE) (0107).02
<br />m
<br />) ss.
<br />) ss.
<br />------------------------------------------------------------------------------
<br />(Title(s))
<br />the- (Name of Business or Entity)
<br />on behalf of the business or entity.
<br />-------------------------------
<br />---------------------------------------------- - - - - -- -------- - - -- -- - - - - - -- -
<br />(Notary Public)
<br />page 6 of 6
<br />
|