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200206006 <br />26. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may front 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 rifle, 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 truster will be deemed to be notice to all trstors. <br />28. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Decd 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 future <br />and that are or will become fixtures related to the Property. <br />❑ Crops; Timber; Minerals; Rents, Issues, and Profies. Trustor grants to Beneficiary a security interest in all <br />crops, timber, and minerals located on [be 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 />❑ 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 uselul in the construction, ownership, operation, management, or <br />maintenance of the Property. The teen "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 sufficient <br />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 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 <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 ❑ is attached h1 this Deed of Trust and made a <br />part hereof iPJ 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 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 below by resolution signed and dated . _._ .......... . <br />Evei J: H.ppVE f.TAT,E_ ..... ... Emily Namc ............ ........ .... ..... ...._..................... <br />... ...'�V� ....... ...... ..................... .... ........ .... .................__...._....... <br />(S' ,ature)ROBERT L U S PER REP. (Dme) (Slgvamre) (Dam) <br />g <br />�...... . .t.__ .......................... _._.. ...... _...._.......... <br />S vnamre)TNOMAS A. 0 PERS. E . Date) (Sigualuce) (De¢) <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />SPATEOF............ _....... ..... _ ............... . COUNTY OF. ................ __..._........_..._...... } as <br />1iaa; „m.,t This instrument was acknowledged before me this _ .................. day of .............. ........... ..._.................... <br />by..... ....... ..........._..........._....................... ... ... ..... .......................... ..............._............. . <br />My commission expires: <br />................ .................._..._........ _................ <br />(Notary PubUy <br />STATE OF NEBNMI(A,,,,,,,, ,,,,,, _........ _....... , COUNTY OF RMAL0 .......................... ........ ............ } 58. <br />4TH........ y ................... JUNE ,2002 This instrument was acknowledged before me this ............ day of . ......_.. <br />by ROBERT„ D;, ALMplll$ T, PE,@$„ qF ,P;;THO „M,A$A „EMEp,TON,,PEN,S,; REP;,,,,,._ _,,._...._...__ ................ _..._.................... <br />(a n<o ._._... <br />a,eair ._..... .. .... ...... .. ..... ....._ ..... <br />ueo.loa -a) of J N ntIVER,E,STA,TE.. ..... .. .... .. .... w =m =ol ca... o<raa,rl <br />a NEQRA$KA ......... -on-behalf of the business or entity. <br />My co ram., 0 <br />(s p GENERAL NOiAflY -Stele of Nebraska G rtAtt . °... - ........ <br />DALE E. POHLMANN (Nomy Pubii ) <br />My Comm. Exg March 5 2005 <br />0199] banMen Sra¢m ;,- a, clou6 MN rmm af,cc or a, 3/813001 page 6 of 6 <br />