200408766
<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 ux:orded 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 mrstor 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
<br />future and that are or will become fixtures related to the Properly.
<br />Crops; Timber; Minerals; Rents, Issues, and Profits. Tmstor 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 (ail of which shall also be included m 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 Truster 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 />El Filing As Financing Statement. Truster 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 Decd 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 />n 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 />Agricultural Property. Truster covenants and warrants that the Property will be used principally for agricultural
<br />or fanning purposes and that Trustor is an individual or entity allowed to own agricultural land as specified by
<br />law.
<br />ED Additional Terms.
<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 7 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 08/18/2004- -
<br />Real &Grata Group of Grand Ivlavd,
<br />Entity Nan)e: or.
<br />Entity Name
<br />(s mre)Gord n D. Co e� Presid nt (Due) (S nu.re) (DUw)
<br />1� ary ✓ o -- e) __ - --
<br />(¢)gnaNre) Car yn L. Losehen, Sec. /Trees (Date) (slgnawre) (Date)
<br />0 Refer to the Addendum which is attached and incorporated herein for additional Trusters, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATE OF � , C UA1Ty OF 1 wJ1 /G
<br />� } ss.
<br />73 r1
<br />(IM,Adrw) This ins tame was au.knowI it lyfpre me this _ day of / _ Gt� Z V Q�
<br />by ion cx Tres:
<br />GENERA. NOTARY. Stain Of
<br />n
<br />s—M
<br />(a WIWAM L MdatLAN - - (No ®ry Pebhc)
<br />MY Comm E9p . Au .12 2fgS
<br />SPATE OFNebzeska , COUNTY OF Hall _ } ss.
<br />This instrument was acknowledged before me this 18th day of August 2004
<br />byGordon D. Coble President, Carolyn L. Loschen Sec. / Treas
<br />(B "arks of Real Rotate Group of Grand Leland, Inc., A lrebraeka Corporation
<br />r
<br />Enri,y
<br />Aukruwlu,lyuxnQ __... __.
<br />a Corporation _ on behalf of the business or entity.
<br />My commission expires:
<br />(sra0 _......_......_...._..... _.
<br />c'Gye (Notary Nblic)...
<br />�µc.e ©1993 Fan Ry. minx, Inc., a, cl-I,Nu Form FG /CO cr NE 31tl12.1 pa Be 6of6
<br />dM - C164(NE)Im on oz
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