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200301982
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Last modified
10/15/2011 4:33:50 PM
Creation date
10/21/2005 4:10:32 PM
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DEEDS
Inst Number
200301982
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200301952 <br />27. 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. Treanor grants to Beneficiary a security interest in all goods that Truster 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. Truster grants to Beneficiary a security interest in all crops, <br />timber, and minerals located on the Property as well as all rents, Issues, and profits of them including, but not <br />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 />❑ 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 <br />owns now or in the future and that are used or useful in the construction, ownership, operation, management, <br />or 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 <br />federal 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 />28. 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 />114 Agricultural Property. Trustor covenants and warrants that the Property will be used principally for agricultural or <br />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 <br />made a part hereof ® has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <br />SIGNATURES: By signing below, Truster 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: / <br />Is�ynttgre) ABL R. KN TH otttt (signature) D YCE NUT betel <br />intuit (signature) morel <br />❑ Refer to the Addendum which Is attached and incorporated herein for additional Trusters, signatures and <br />acknowledgments. <br />11 x61993. 2001 a,nker, syams. Inc., st Lloutl. ma r-m AGCG AE31 NE 3/1/2002 (page 7 of 8) <br />
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