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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 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 />El Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on
<br />the Property.
<br />0 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 />El 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 />0 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 />0 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 />0 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 />- - -- - ------- - - - - -- ------- - - - - -- - I ----- - - - - -- I - -------- - - - - -- ---------------------- - - - - -- ------- - - - - -- ---------------------------------------
<br />- --------------- - - - - -- - -------------- - - - - -- ---- - - - - -- - - - -- - ----- -------------- ------------------------------- - ------------------------------------------
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead0 is attached to this Deed of Trust and made a
<br />part hereof r1 has been disclaimed; the disclaimer is attached to tAis 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 />0 Actual authority was granted to the parties signing below by resolution signed and dated
<br />Business Properties of N raska,
<br />Entity Name: L. L. C. Entity Name:
<br />-----------------------------------
<br />(Signature) William D Vood, age r (Date) (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 /')f61A
<br />COUNTY OF C L----------- - - - - -- ------- - - - - -- } ss.
<br />(Individual)
<br />This instrument was acknowledged before me this -----
<br />- -- -- - - - -- day of - -_ ��LY_iQOY__-
<br />__.___ _______ _____ _ __
<br />by L..)(1,L t Awl. Q t v $4-4oe 4b ,Np.,uqC'*t—
<br />My commissi
<br />GENERAL NOTAIti- State oi Nebnslta
<br />(Seal) III MARK S. SELLHORN
<br />- — My Comm. Exp. May 8, 2008
<br />= (Notary Public) == ° _ __ - - - __- _ -___-
<br />STATE OFNabraska ---- ------------ ------------- _-- .-- - -_ -
<br />, COUNTY OF - } ss.
<br />- - - - - -- - - - -- - -- - - - - --
<br />This instrument was acknowledged before me this
<br />13th_--- - - - - -- day of July--2-004 - - - -- - - --
<br />byWilliam D Livengood Manager__________
<br />-------- - - - - --
<br />(Business
<br />of Business Properties of Nebraska, L.L.C.,
<br />a Limited Liability Company
<br />or Entity
<br />Acknowledgment)
<br />------- ------ ---------- - ----- ----- - ------------- ---- ------------------
<br />-- - - - - - -- "
<br />a Corporation ------------------
<br />- - - - -- -- ------ - - - - -- on behalf of the business or entity.
<br />My commission expires:
<br />(Seal)
<br />M (D
<br />1993 Bankers Systems, Inc., St. Cloud, MN Form AG /CO -DT -NE 3/8/2001
<br />(Notary Public)
<br />page 6 of 6
<br />- C164(NE) (0107).02
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