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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 />