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26. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a
<br />successor trustee by au 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 onpage -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 />11_ 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; Mlaerals; 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 />• 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 sufficient
<br />as a financing statement.
<br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust:
<br />IE 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...... :: :: ..... :r...... ...... . ....... ........ ....... ......... ........ ::r...••
<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 />part hereof ❑ 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 />Entity Name: Rml.4141%.4 Ne4leska.go."01 1. _: Entity Name ......... .......... ............ ................
<br />.: ...::::.... ......
<br />............
<br />ture)1 od'd'd: Carpent rfner & Nersonally' (Dare) (signature) (Date)
<br />(signature�loug dman, Nartnar & persanai y (Date) (signature) (Date)
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT
<br />STATE OF ................... ........ COUNTY OF } ss.
<br />(mdrvmeu> This instrument was acknowledged before me this .........6.......... day of ......... .................
<br />by............ .......6....., : ......... ........ ...............................
<br />My commission expires:
<br />(Seal) ........ ....:.............. 4..... .......... .. ..................
<br />(Notary Public)
<br />Rah
<br />STATE OF raska COUNTY OF '41ti.
<br />A ' } ss.
<br />This instrument was acknowledged before me this .. ....... day of. 14n! 2492...... ......
<br />by &
<br />ll ...
<br />(Be-cr
<br />ai- w)
<br />"r Ertrty "" ... . .. . . . . . .
<br />AckrowloGBro"nfi of tiprpenter Redman Re:ll,Estate,aNebraska ,general,,,,., : ::.::. ......... ............................... (Nanu, "r aunino„ ", ErtaY)
<br />a NpW0.4P.sifIRBlshlp ......... ......... ... on behalf of the business or entity.
<br />My commission expires ..
<br />g GENERALNOTARYStsteMtteansta
<br />..� c)
<br />MICHELLE L HUNT ......: .......
<br />(seat) . ...........
<br />Public)
<br />My Comm. Enp. Aug. 16, 2003 (Notary
<br />Fj i , ®1993 Banken 8y"t"m", Ina., Bt. Cloud, MN Form AG /CO -DT -NE 3/8/2001 page 6 of 6
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