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200210625 <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 mall <br />to the appropriate party's address on page I 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 fro, <br />❑ Construction Loan. This Deed of Trust secures an obligation incurred for the construction of am improvement on <br />the Property. <br />I@ 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; Minerals; Rents, Issues, and Profrfs. Trustor grants to Beneficiary a security interest in all <br />crops, further, and minerals located on the Properly as well as all rents, issues, and profits of then 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 tern "Properly "). <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 fans products, inventory, equipment, accounts, <br />documents, imArimeods, 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 e .... traction, 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" Ivan as those terms are defined in applicable federal <br />regulations governing unfair and deceptive credit practices. <br />M 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 if 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 fine 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. Trustor covenants and warrants that the Property will be used principally for agricultural <br />or fanning purposes and that Trustor is an individual or entity allowed to own agricultural land as specified by law. <br />❑ Additional Terms. ............ ............ ....... ......... ................ ............... <br />__. .. ... ............ ......._ .......... ......... ....._...._._ ........._.... <br />..................................................................................................... ............................... I. .... ... <br />uI Df-9 fee ry r w, c�� y: alv Dl:�r r xu: <br />Pursuant to the Fart 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 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 />.ruchntenls. Trustor also acknowledges receipt of A copy of this Deed of Trost en the date staled above on Page I. <br />❑ Actual authority was granted N the parties signing below by resolution signed and dated ..... _..._ ....................... <br />F tity Name:. ....... ............... ......... ........... Entity Name ......... ......... _....... <br />(slti azure) Be eder (Pau) (Signature) tram) <br />....._ .............._._..._._.... _............................. ...... m... D <br />r ................. ............................... I............a <br />(Signature) (Data) (SiBnac) (ate) <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />SPATE OFNebraska .. ............................... . COUNTY <br />OF Hall................ <br />_..._........... .. } ss. <br />nIfIlle.Ii This instrument was acknowledged before me this <br />4th, of...... <br />.. tinu,ary, 2002 <br />by Bruce W.. Reeder, A Single Pelson.. ......... <br />My cow (Seal) expires: <br />(Scat) n GENERAL -St ka <br />/} <br />•rte -,p—, "i <br />DNEY PE EA111 <br />RODNEY M PETERS <br />(Nancy Public) <br />c) <br />�Jt�i4c" <br />My Carom. E %D. Jan, 23, 2005 <br />Rodney M. Peters <br />STATE OF ............ .............................. UNTY <br />OF ............................... <br />_..._._....... }ss. <br />This instrument was acknowledged before me this <br />......._... day of....... <br />__... ......_........ <br />by__... __.. <br />._...... ....._ <br />.... .............. ............. <br />e- <br />n"n.,a1 "o of .... ................. <br />..._ <br />A ... ............................. ............ <br />......... _....... <br />on behalf of the business or entity. <br />My commission expires: <br />(Seal) <br />(Notary Public) <br />Ea,,—f�, 219simlk SY11"ms.ln CtIld,so F—AGiG DTNF.iaipMl <br />page Ge /ti <br />