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200304964 <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. Truster 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. Trustor grants to Beneficiary a security interest in all craps, <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 />godernmental programs (all of which shall also be included In the term "Property'). <br />CJ 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 />❑ 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 />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, Trustor agrees to the terms and covenants contained in this Dead 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 />an a <br />1s Car t a Ib Ink (D•t•1 ^•tal•I Jeanne . Mettenbrink (D•t•1 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trusters, signatures and <br />acknowledgments. <br />E (q 1994, 3W 1 aanker¢sY¢lam¢. Inc. St Cloutl. MN I—.11. I NE 3112.2 1plg/ l of e) <br />