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200200594 <br />26. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, nary from tine to time remove Trustee and appoint a <br />successor trustee by an instrument recorded in the county in which this Deed .£'Trust is recorded. The successor trustee, <br />without conveyance of the Property, shall succeed to all the title, power and duties cnnfcrred 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 l 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 trusters. <br />25. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed o£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 became fixtures related to the Property. <br />❑ Crops; Timber; Minerals; Rents, Issues, and Profits. Imstor 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 than including, bur <br />not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and similar <br />governmental program (all of which shall also be included in the term "Property"). <br />❑ Personal Property. Truster 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, instmmcnts, chattel paper, general intangibles, and all otter 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 arc defined in applicable federal <br />regulations governing unfair mid deceptive credit practices. <br />❑ 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 Deed of Trust is <br />sufficient as a financing statement. <br />29. OTHER'I'FIRMS. 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 Truster is an individual or entity allowed to own agricultural land as specified by <br />law. <br />E❑ Additional Terms. <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Berm Homestead Protection Act, designation of homestead❑ has been <br />waived n has been disclaimed; the specific designation terms are attached to this <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 />❑ Actual authority was granted to the parties signing below by resolution signed and dated <br />Data: Jan 15, 2002 <br />Entity Nmne <br />(Slgnawrc)R art G W si/" - -__.. <br />(signemre)Pamela J Wo a (Sgnaluee) <br />Refer to the Addendum which is attached and incorporated herein for additional T'rustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />{ <br />STATE OF 1\106 t r.9 K0. _ <br />COUNTY OF <br />1 +nGas�t <br />lln -1..11 This instrument was acknowledged before me this <br />I �Sih day of <br />J e.,ti to <br />by tin {ILY' {�? _G(; r2ncfs_ 01rcf Pnfrlcln <br />J,_�(7CCIS <br />My commission ' <br />- <br />(s<m) CEREREI YCEWL. <br />--- �. {I�rtiA. : %_._�„utiry <br />J <br />EN2WnX0 <br />CHEW L BECK <br />Mvm y rubl 07 <br />dictum. 17,1002 <br />STATE OF <br />_. COUNTY OF <br />_......_.________.__..... <br />} as. <br />This instrument was acknowledged before me this <br />day of <br />_______ <br />_..._......... <br />by.__ <br />........ <br />__.. <br />Nmineu <br />,loan) <br />%, .amsrrmtl of _. <br />- - -- <br />rv.m<nrswnm. n, enmr) <br />a '- <br />______ <br />_____ on behalf <br />of the bus:neas or entity. <br />My commission expires: <br />(Notary Public) <br />Qi 1990 Bankers Systems, Inc., sl.Cloud,MN(I M B97 29e 1) rmm A01IX}nT NE 101]019] <br />09a6 orb <br />(- 0164(NE) ryamtnx <br />