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<br />26. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time in 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 Decd of Trust secures an obligation incurred for the construction of an improvement on
<br />the Property.
<br />Fixture Filing. Trustor grams 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 />LA Crops; Timber; Minerals; Rents, Issues, and Profits. TmStin 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 tarn "Property ").
<br />O 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 we 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 temrs are defined in applicable federal
<br />regulations governing unfair and deceptive credit practices.
<br />Filing As Financing Statement. Truster agrees and acknowledges that this Deed of Trust also suffices as a
<br />financing statement mid 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 />EJ 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 Properly. Trustor covenants and warrants that the Property will be used principally for agricultural
<br />or farming purposes and that Truster is an individual or entity allowed to own agricultural land as specified by
<br />law.
<br />Additional Terms.
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead has been
<br />waived ❑ has been disclaimed; the specific designation terms are attached to this
<br />Deed of Trust and made apart 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. Truster also acknowledges receipt of a copy of this Deed of Trust on the date stated above on Page 1,
<br />E] Actual authority was granted to the panics signing below by resolution signed and dated
<br />Date Mar 13 2003
<br />-
<br />(sx ai )v no "6 actin nr /n/ V.—.. n gred[hauex(5x i e) ve =eacnaue= a /x /a vernon n.Sredthaue r,
<br />Memb r
<br />< <�
<br />(slg at )s' cri a s aeu ue a /t /a Pacivain$redth(sagasty c)
<br />71 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 .... _ „_______ -} ss.
<br />rus�au,p This instrument was acknowledged betbre me this 13th day of March 2003
<br />by Vernon Bredthauer _a./,k/a Vernon D. Bredthaue Patricia A Bredthauer a /k /a
<br />My commissior / 1 Patricia Bredthauer
<br />(s p 6ENE F1 1ERT State of RSKJ a
<br />ill. P08ERT J. BLUSARSKI - - - – --- --
<br />-5,1y ley Comm. Exp. Feb. 14, M"t'+ y Public)
<br />STATE OF COUNTY OF Hall- - __-- - - - -_- } ss.
<br />This instrument was acknowledged before me this 13th day of March 2,003 - -
<br />byVernon Bredthauer a /k /a Vernon D. Bredthauer, Member - - - --
<br />m si... oala•n
<br />ae "ey " " - - - -- -- -- - -- - __ - - --
<br />Of ,- Bredthauer _Brothers, L.L.C.
<br />a ___ on behalf of the business or entity.
<br />My commnsur
<br />GLARY Siflle of heolska
<br />(a p A GENEPAIG RTJ SLUBAPSKI -- - - -- - -_. -_.
<br />fl flOBE - -- -
<br />.E %p Feb 14, (No(a y Public)
<br />F �'b +esa aa,xaravrams, � ua om om
<br />pub[ B or B
<br />�Ci 64 (N E) poi wl.os
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