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<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 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 N any other address designated in writing. Notice to
<br />one trustor will be deemed to be notice to all trustors.
<br />28. U.O.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust:
<br />❑ Construction Loan. This Decd of Trust secures an obligation incurred for the construction of an improvement on
<br />the Property.
<br />® Future Filing. Trader 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 />19 Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary it security interest in all
<br />crops, timber, and minerals located on the Property es 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 />govermiameal programs (all of which shall also be included in the term "Property ").
<br />® 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 fart products, inventory, equipment, accounts,
<br />documents, instruments, chattel paper, general intangibles, and all other items of personal property Trustor owes
<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 properly" 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 />19 Filing As Financing Statement. Trustor agrees and acknowledges that this Deed of Trust also suffices as a
<br />financing stah:mcnt and as such, may he 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 'I rust will remain in effect until released.
<br />® Agricultural Property. 'I rustor covenants and warrants that the Property will be used principally fur agricultural
<br />or farming purposes and that Truster 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 made a
<br />part hereof IN has been disclaimed; the disclaimer is attached w 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 rcccipi 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.. _....... _..... .... _...
<br /><sienamm)Bruce W. Feeder (Dam)
<br />Emb, Name ........... ...._ . .
<br />................
<br />(Sigmrmre) Nnk)
<br />(Stgnatme) (Date) (Sgnamre) (Pete)
<br />❑ Refer to the Addendum which is attached and incorporated herein lilt additional Tmsmrs, signatures and
<br />ackuowledgmcnts.
<br />ACKNOWLEDGMENT:
<br />STATE OF Nebraska.. .......... . COI INTY OF Hall ..... _......... ) ss.
<br />This instrument was acknowledged before me this MIN _ day of__._ .,Jaquary,2pR2.
<br />..............
<br />by Bruce W..HeedeLA$ingle Parsan .................................................................. ...............................
<br />My emmuissiou expires ,ENEML NOTPRKStaIe of Nebraska ..
<br />flOONEYM PETERS (Notary Nblicl
<br />My Gomm. Esp. Jan. 23. 2005 Rodney M. Peters
<br />STATE OF ........... ............................. . COUNTY OF . ......... ..................
<br />This instrument was acknowledged before me this ........... 1. day oL..._...._ ............. ..........................
<br />a�by .......................................................................................................... ...............................
<br />.......... ....................................... . ............ .......... .. ........ .. .... .............._....... _.................._ amain
<br />n,m.sNl, —e of _.
<br />a .... ... ..... ...... ...... ....... .. ............._ ......... on behalf of the business or entity.
<br />My conmaissiou expires:
<br />(Seal)
<br />......... .....................merylatblr ...........................
<br />(Notary ILbllc)
<br />EXJ5�—" a' "'a Bankvx Sy—M', _cmE, MN F— AG/CO -oTNE 3 /82001 pay, bol5
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