200208172
<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 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 />Construcdon 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
<br />future and that are or will become fixtures related to the Property.
<br />El Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary a security interest in all
<br />crops, limber, 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 ss 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
<br />sufficient 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
<br />be reduced to a 7cro balance, this Deed of Trust will remain in effect until released.
<br />Q 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
<br />law.
<br />Additional Terms. -------------------------------------------------------------------
<br />_______
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of hostestead❑ has been
<br />waived ❑ has been disclaimed, the specific designation terms are attached to this
<br />neaA 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 />L1 Actual authority was granted to the parties signing below by resolution signed and dated --------------------
<br />Date: Jul 30, 2002
<br />Ede Ndma:
<br />�n `� aNtcur.✓
<br />( tgnuture)t)oanla aneve� (sigu,mm)
<br />Diane K Shaver
<br />__
<br />(signature) (signature)
<br />Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and
<br />acknowledgments. \� r
<br />ACKNOWLEDGMENT: 11 C day of _ _ Ll.�
<br />STATE OF i�.. �� `�_______�COUNTy OF � ________ }ss.
<br />um"w+.0 This instrument was acimowiedged before me this____ �f_ der of _ - -�_ _____���____
<br />(A - --ane g_Shaver ___ � -- -_____ ____ ___ /
<br />by Donald S Shaver, Di__ _______
<br />My commissi "
<br />GENERAL NOTARY -Stale at Nebraska
<br />DARREN SANCHEZ (Notary Public)
<br />MY Conan. DP. Ap4l 24, 2004
<br />STATE OF_____________________________ ,COUNTY OF __________________/
<br />This instrument was acknowledged before me this__-- - -__ -- day of ________________( as.
<br />by________________ ________________________ _______________________________
<br />____ __________
<br />wevtiry vurcurnuawrvwEOtiry)
<br />naYmvlWpmed)
<br />of ____________________________________ _______________________________
<br />a _____________________________ on behalf of the business or entity.
<br />My commission expires:
<br />(seal) ----------------------------------------------- _
<br />(Noery Public)
<br />"© 1993 Burke, System, Inc, SL Cloud, MN iwm AGICO Dr Na 3/82001 p'q b ol6
<br />® A164 (NE) m 101) 02
<br />
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