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200214308
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Last modified
10/15/2011 12:55:40 PM
Creation date
10/22/2005 11:21:36 PM
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DEEDS
Inst Number
200214308
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200214308 <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 many other address designated in writing. Notice to <br />one trustor will be deemed to be notice to all tractors. <br />28. 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 for the construction of an improvement on <br />the Property. <br />❑ Fixture Filing. Truster 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 />❑ Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary a security interest in all <br />crops, timber, and minerals located on the Property w 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 m <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 />❑ Filing As Financing Statement. Trustor agrees and acknowledges that this Deed of Trust also suffices w 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 zero balance, this Deed of Trust will remain in effect until released. <br />❑ 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 />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead has been <br />waived ❑ has been disclaimed; the specific designation terms are attached to this <br />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 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 />Date: Dec 19, 2002 <br />Lmiry Name <br />(Slgnatulr re ssh (Signannc) <br />(Signature) (Signature) <br />Refer to the Addendum which is attached and incorporated herein for additional Trusters, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: / <br />STATE OF ���yl(f - - , COUNTY OF (,y �� [ ) So. <br />This instrument was acknowledged before me this day of <br />by Gregory T Gish _ <br />My commission 'ENEM NOTANY -SM @ol Nehmska <br />(Seery MICHAEL HUFFER <br />My Comm Elm. Dec. 17, 2008 1Notary Public <br />STATE OF COUNTY OF <br />This instrument was acknowledged before me this day of <br />by _... <br />orE ""w <br />mrlel9l <br />TcknawleGmnun) Of (4eme ofBwium or rutirY) <br />a on behalf of the business or entity. <br />My commission expires: <br />(Seal) <br />. 1re t Bankers Systems Inc., 51. Cloud an Form PGICO rTaE 31812001 (Nona, Pub110) <br />�I�i'"Q ys ems <br />(Q.-C1 64(NE) mlopo2 Pape Ba,e <br />
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