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200209092
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200209092
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Last modified
10/15/2011 4:23:34 AM
Creation date
10/22/2005 9:27:57 PM
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DEEDS
Inst Number
200209092
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200209092 <br />27. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust <br />❑ Construction Loan. This Deed of Trust secures an obligation incurred fur the construction of an improvement on <br />the Property. <br />❑ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Truster owns now or in the <br />future and that are or will become fixtures related to the Property. <br />1K Crops; Timber; Minerals; Rents, Issues, and Profits. Truster grants to Heneficiary a security interest in all crops, <br />timber, and minerals located on the Property as wall as all rants, issues, and profits of them including, but not <br />limited to all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and similar <br />governmental programs (all of which shall also he included in the term "Property "). <br />IK Personal Property. Truster 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 <br />owns now or in the future and that are used or useful in the construction, ownership, operation, management, <br />or maintenance of the Pruperly. 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 <br />federal regulations governing unfair and deceptive credit practices. <br />IX 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 Cede. A carbon, photographic, image or other reproduction of this Deed of Irust is <br />sufficient as a financing statement. <br />28. OTHER TERMS. It 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 />IN Agricultural Property. Imxter covenants and warrants that the Property will be used principally for agricultural or <br />farming purposes and that Tnoubw is an individual or entity allowed to own agricultural land as specified by law. <br />❑ Additional Terms. <br />DESIGNATION OF HOMESTEAD -- <br />Pursuant to the farm Homestead Protection Act, designation of homestead ❑ is attached to this Deed of Trust and <br />made a part her ® has bean di seta im ad; the disclaimer is site ch ad 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. Truster 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 />rn I11 rvan,o_ <br />��°O.J,_O��9_ -� -oz r4 <l>e�u F/ 0S'ozo� <br />Isleoawra Fred A. Eickbnlf, Jr. IDote) Isiamm�'el Oebra A. Hekbotf rpatel <br />Iore ate /e) c , IDetel (elynamre) ID ate I <br />,i <br />❑ Refer to ills Agodudin wilco - IS M6,lded and incorporated harem for additional Trustars, signatures and <br />O /9s3, 2001 cat""" --' Ina., St c-1, an ro,m AGee al.1 NIH 3/V3003 (page l or R) <br />
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