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,.� RE- RECORDED r.
<br />200305855 200��3202
<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 />❑ 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 Property.
<br />❑ 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 protrrams (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 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 />❑ 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 />❑ 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. 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 />❑ Additional Terms.
<br />- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
<br />- — _I?ESIGNATION 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 a Dart 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 b:zz dated .
<br />Date: Mar 13, 2003
<br />---------- - - - - -- - - -- ---------------
<br />En ' N me:
<br />(Sign ture�7ernon redthauer a /k /a Vernon D. Bredthaer a/k /a Vernon D. Bredthauer,
<br />,,
<br />1
<br />-�`u `-=--- ____�------ - - - - -- --------- - - - - --
<br />-------- --------------------------------------------------------------
<br />- ----- --------------------------
<br />A. Bredthauer, a /k /a Patricia Bred th(11gft fure)
<br />n 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 />- - - - - - - -- ------ -
<br />(Individual) This instrument was acknowledged before me this 13th day of March 2003
<br />by Vernon Bredthauer a /k /a Vernon D. Bredthaue Patricia A. Bredthauer a /k /a
<br />------------------------------------------ -- -- ----------------------- --------- - - - - -- - ----------------------------------------------------- - - - - -- - - - --
<br />My commission i / Patricia Bredthauer
<br />(Seal) :GENERAL NOTARY State of Nebraska III ROBERT J. SLUSARSKI "` --------------------
<br />- -
<br />My Comm. Exp. Feb.14,71�7 (Notary Public)
<br />STATE OF , COUNTY OF Hall } ss.
<br />- - - -- ------------------------------------------------------ --------------- --
<br />This instrument was acknowledged before me this _13th---------- day of March__ 2003 ----------------------------------------
<br />byVernon Bredthauer a /k /a Vernon D. Bredthauer, member
<br />(Business
<br />or Entity --- - - - - --
<br />Acknowledgment) of ,__Bredthauer Brothers, L.L.C.
<br />a........................... ----------------- - - - - -- ..
<br />My commission -'te r
<br />(Seal) GENERAL NOTARY SISLUSARSKt Nebraska
<br />RAAOBERt J Feb.14 -Z -7-
<br />Ej( "'Q 1993 Bankers Systems, I IAtr °mm.EXp• 001
<br />- C164(NE) (0107).02
<br />(Title(s))
<br />(Name of Business or Entity)
<br />on behalf of the business or entity.
<br />-- - - - - -- ---- - - - - -- -
<br />,<,.��.
<br />-- -- -- - - -- - - -- --------------- - - --
<br />(Notary Public)
<br />page 6 of 6
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