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200314199
<br />27. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class
<br />mail to the appropriate party's address on page 1 of this Deed of Trust, or to any other address designated in
<br />writing. Notice to 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 />❑ Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an
<br />improvement on 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 />❑ 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 as well as all rents, issues, and profits of them including,
<br />but not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and
<br />similar 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,
<br />accounts, documents, instruments, chattel paper, general intangibles, and all other items of personal
<br />property Trustor owns now or in the future and that are used or useful in the construction, ownership,
<br />operation, management, or maintenance of the Property. The term "personal property" specifically excludes
<br />that property described as "household goods" secured in connection with a "consumer" loan as those terms
<br />are defined in applicable federal 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 for purposes of Article 9 of
<br />the Uniform Commercial Code. A carbon, photographic, image or other reproduction of this Deed of Trust
<br />is 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
<br />may 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
<br />agricultural or farming purposes and that Trustor is an individual or entity allowed to own agricultural land
<br />as specified by law.
<br />❑ Additional Terms ...................................................................................................................... ...............................
<br />............................................................................................................................................................. ...............................
<br />............................................................................................................................................................. ...............................
<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 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 />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 />EntityName: ..........................................................................
<br />... ...............................
<br />(Signature)
<br />/24/03
<br />(Date)
<br />.................... ...............................
<br />(Date)
<br />EntityName :...... ............... .......... ........ ...........................
<br />..
<br />_...._.10/24/03
<br />(Signature) Mcairk A potamki (Date)
<br />.................................................................. ...............................
<br />(Signature) (Date)
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATE OF .......N§�1K.a Ski .............................. . COUNTY OF ..... Sher .. n.......... ............................... } ss.
<br />(individual) This instrument was acknowledged before me this ..24th ............. day of .....October,.,, ,200,x,,,.,,_,,,,_,_,,,,,,,,,,,
<br />by Teresa G, Spotanski „and Mark A. Spotans.._' . husband and „ wife
<br />......................... ...................
<br />My commission expires:
<br />(Seal) ......................... ...............................
<br />NOTlIRY $",�M tlebn'M (Notary Public)
<br />CLAUDE R. BADURA
<br />My Comm. 5m. Febr. 28, 2005
<br />STATEOF ........................ ............................... . UNTY OF .................................. ............................... } ss.
<br />This instrument was acknowledged before me this ............................. day of ........................... ...............................
<br />(Business by ....................................................................................................................................................... ...............................
<br />or Entity
<br />Acknowledgment)
<br />Of............................................................................................... ............................... ..........................(Name of Business or Entity)
<br />a............................................................................................ ............................... on behalf of the business or entity.
<br />My commission expires:
<br />(Seal)
<br />............................................................. ...............................
<br />(Notary Public)
<br />E<Z?��V 0 1993 Bankers Systems, Inc., St. Cloud, NIN Form AG /CO -DT -NE 3/812001 page 6 of 6
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