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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 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 Treat, or to any other address designated in writing. Notice to
<br />one truster will be deemed to be notice to all trusters.
<br />28. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust:
<br />❑ Construction Laan. 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 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 />governmental programs (all of which shall also be included in the term "Property ").
<br />M 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 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 are defined in applicable federal
<br />regulations governing unfair and deceptive credit practices.
<br />C9 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 sufficient
<br />as a financing statement.
<br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust-
<br />IN Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be
<br />malueed to a zero balance, this Deed of Trust will remain in effect until released.
<br />® Agricultural Property. Toaster 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 law.
<br />❑ Additional Terms..._ ................__...................._......._.........._........._.. .....___..__...................
<br />.............................................................................................................. ...............................
<br />.............................................................................................................. ...............................
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead f7 is attached to this Deed of Trust and made a
<br />,art heanf 121 has been disclaimed: the disclaimer is attached to this Deed of Trust and made a 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. Trustor also acknowledges receipt of a copy of this Deed of Trust on the date stared above m Page 1.
<br />❑ Actual authority was granted to the parties signing below by resolution signed and dated ............................... _. .
<br />Eiekh ff arms,.lpc:. .................... Stub, Name:...__..__ .............. _.... _.. _............._...
<br />fslNVmm =) red A. Fickfiof #;Piesldeht tDa17 (siguewm>
<br />........ ... k �.y... , (s,ion mo,) �.',.r."..Ial. .......... .......
<br />t5saalm=) ebra A. is ho 1; ecretar ted.mj ...... core) (Dam)
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trusters, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATE OF... _.1Li t hrdd/(!!. _ ................. COUNTY OF ........ %7HB. A.4..... _... _... _.... _..... } ss.
<br />This instrument was acknowledged before me this .. _..7i'A........
<br />day of.....
<br />f44. y. ......__...._ ............._....
<br />I;ro; „ere,u
<br />by..... ....
<br />.................. _.................. .
<br />My commission expires:
<br />lgcat)
<br />NOIARY Pot Nebraska
<br />Y ._ ............. _.........__.
<br />RDDNEYM PETERS
<br />(theory Public)
<br />My Comm. Eq. Jan. 23, 2DO5
<br />STATE OF Nghraakp ............ .. COUNTY OF HOff
<br />... .. . } ss.
<br />.
<br />This instrument was acknowledged before me this 72nd.....
<br />Frgd A Eickhoff, Presu}ent, Deh_rs
<br />day of
<br />by
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<br />.__ _. ..... IIItIWD
<br />A,xw.er e—•G a(Eakhoff Forms, Inc ... .....
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<br />..... ...m a ",�- ••�••�� °rl
<br />a jJebraska Corpp[gllgp _ ..... ...
<br />..... .......
<br />on behalf of the business or entity.
<br />My commission expires:
<br />(Saab
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<br />/Gaf.y./M,..
<br />..cs.`G - +. _ .................. ...... _..
<br />NERAL XDTARY•Snte of NeMa;am ......
<br />(rvaoarr comic)
<br />RODNEI' MJPEfB 4W5 Rodney M. Peters
<br />My Comm. Eq.
<br />tiFic" a M 199] nmkerx 6ymems.Ino..9L Pouf, MN form AGIN.DLam 31814-1
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