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<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 Trost is recorded. The successor truster,
<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 to the appropriate party's addresst op' page 4 this nDeed of Trust, or rtoh any other taddress designated g in it by fast writing. class Ntice to
<br />one truster will be deemed to be notice to all trusters.
<br />2S. 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 goals that Truster owns now or in the future
<br />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 />govemaromal programs (all of which shall also be included in the term "Property")
<br />11 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, 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. Truster agrees and acknowledges that this Deed of Trust also suffices as a
<br />financing statement and as such, may he riled of record as a financing statement of purposes of Article 9 of die
<br />Uniform commercial Code. A carbon, photographic, image or other reproduction of this Deed of Trust is sufficient
<br />as a financing statement.
<br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trost
<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. Tmstor 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 law.
<br />❑ Additional Terms. ............_._..._...........__......._....... ...._...._..........._._...._.. _.................._..
<br />.............................................................................................................. ...............................
<br />............................................................................................................ ...............................
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead ❑ is attached to this Deed of Trust and made a
<br />cart hereof ❑ has been disclahned; the disclaimer is attached to this Deed of Trust and made a part hereof.
<br />SIGNATURES: By signing below, 'rrustor agrees to the terms and covenants contained in this Deed of Trust and in any
<br />attachments. Ttustor 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 patties signing below by resolution signed and dated ....... I .... 4_- 1R,Z491........... .
<br />Entity Nemr..eEA4.$HANN9N.9UIl4E.R$, IN9,._...._ .............. Entry Natiri ..................._ ._.............................
<br />C ✓..
<br />,( isyama)JAMESB.G9RDBN, P ESIOENT (Date) (Slgvawrc) (Dare)
<br />i
<br />i
<br />................................ ...............................
<br />_... ........._...._...........__.._ (Date)
<br />(SBnawrc) (Dee) (s,B:mmre)
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional T'rustors, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATEOF ...... _ ............... _.. _............... COUN'I'F OF ....... _. _ . ............................... } ss.
<br />om,•lu "en This instrument was acknowledged before me this .................... day of ...
<br />.._.............. _..._......................
<br />My commission expires:
<br />(se,0 ....... ...................... .......
<br />Y Public)
<br />STATE OF NERRA,S,KA , ,_ .......... ....__ , COUNTY OF WASHINQTBN... .. _.. } ss.
<br />This instrument was acknowledged before me this .. _7TH,,,,,,, day of......... JANUARY, 29AY.... ......
<br />by JAMES B; GORURN, Pfl.RSI4.ENT_. _... .. ......... .... .....
<br />a—, ......_. _..... __._ a,u "an
<br />...
<br />BEAUSHANNON,G4ILBERS, INC. - - ' f °'""` "'a " " ")
<br />lhmv n8menl of Y.. ..... ..._ .....
<br />a NEBRASKA. ................ . ... on behalf of the business or entity.
<br />M commission expires: 7 -
<br />y (s b ..�� �9' -��. ........__...
<br />GENERAL NOTARN Mt, nl%1b111K1 (Notary fabhc)
<br />CARLAR PLCK
<br />Cams
<br />�n199a BenYnrx Sysbma. Inc.. SY. Cb"4
<br />OB9e 6 r,1 6
<br />MN F""', bG oc-in a, Lin11.1
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