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<br />26. <br /> <br />27! <br /> <br />28. <br /> <br />200601807 <br /> <br />29. <br /> <br />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 /> <br />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 to any other address designated in writing. Notice to <br />one trustor will be deemed to be notice to all trustors. . <br /> <br />U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust: <br />D Construction Loan. This Deed of Trust secures an obligation incurred for the const~ction of an improvement on <br />the Property. <br />D 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 />D 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, 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 /> <br />D Personal Property. Trustor grants to Beneficiary a security iriterest 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 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 /> <br />o Filing '~ Financing Statement. Trustor agrees and acknowledges that this Deed of Trust also suffices as a <br />fmancing 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 />. B\lfficien~ 'as a fmancing statement. <br /> <br />OTHER TERMS. If checked, the following are applicable to this Deed of Trust: <br />D 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 />D Agriculturai 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 /> <br />D Additional Terms. nn..n__nn...............nnn.mnm__m__................___mn______........ ..'..n__ un.. __.. <br /> <br />W~~__~ _~_~_~~~&&&&~._~~~r.._r..~.rrr____________ ___~ ~~. _... .._... _~___ _____.__ __ ____~_~.~......... .r_... - - - -- - -- - - - - -.., ... .. -, .- <br /> <br />__ __ __ _ _ ____~~. ft. w___~________________ _ _ _~ &&.. ____ __~__.___r_____________~&~_ _&&M &M... ___ _____~~____________ _~ ~& & _. _ .r. .__~__ ___ __ __ __ _ ____ ~~,_ r,.r _... <br /> _ -______ r____ <br /> <br />DESIGNATION OF HOMESTEAD <br /> <br />:r.ursuant to the Farm Homestead Protection Act, designation of homesteadD is attached to this Deed of Trust and made a <br />Flirt hereof[i] has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <br /> <br />~IGN,ATURESi By si~g pelow, Trustor agrees to the terms and covenants contained in this Deed of Trust and in any <br />attac1ui1eJlts. . Trustor also acknowledges receipt of a copy of this Deed of Trust on the date stated above on Page 1. <br />cO J.\Ctual !lythorHy was granted to the parties signing below by res.olution signed and dated mn___n___mmmmm.mn_.n . <br />.. ~,. DANIEL J RAINFORTH AND/ORPATRICIA D <br />l!ptity NlllI\\" R.A.mFORTH, TRUSTEES; DANIEL J RAlNFORTH Entity Nauu <br />~. -" AND PAlRIClA UFO,RTH REV CABLE -r;,..m ._m._.._..._..n.....',...m_n__nnnnn__n........ ....unnm <br /> <br />~~- ~u,tOe ~Tn~J~...Jf(< (Sig;;;;;;;i~---n-n---nn----nn--nn---nnnn~ <br /> <br /> <br />_. -~&-./tLnn ._uu.uuu.../.p....j k~'!.n_n_nn_n._.uuu.......n n .n...n m nn___n_ ___.......... ..... n.... <br />(~ture) PATRICIA 0 RAIN stee (Signature) <br />U R~fer to the Addendum is attached and incorporated herein for additional Trustors, signatures and <br />lipknowledgments. <br /> <br />~CKNO~fAirorr;m.N~f!:l~~....,.._._......,.........nn.' COUNTY OF. .. .... . {i(lu. <br /> <br />11q~IV!P"~1 :..,:t4i~ j.q~~lDeIlt w~ ~cknowledged before me this n....1..7. u.... day ~f" n..uuEaL__.. .. . ...-?c..c.c;".mnn .u <br />~r .. > <br />My ~OmmiS8' <br /> <br />} S8. <br /> <br />(II",i".Si <br />or Entity <br />A<l<nowled&o"'llll <br /> <br />~ ._",=!~:ska nnn_________M_l'n~1fo./mmmnmmn--- <br /> <br /> <br />I --- - - -. . - ---.. <br />STATE OF.t!@.Q;-_~_~~~_____________._mu__nunumm::.m. ,COUNTY OF ~.c?_~..mm...m___n______n____muuumm } ss. <br />This'instrument was acknowledged before me this ~_7.t:J:l_____.__.. day of ;1f~_~.1,l~~--gQQSLmummmmmm.mmu <br />byDANIEL J RAINFORTH Trustee, PATRICIA D RAINFORTH Tru~tee - <br />of DANIEL J RAINFORTII AND/ORPATRlClA D RAINFORTH, TRUSlEES; DANIEL J RAINFORTH <br />AND PATRICIA D RAlNFORTH REVOCABLE TRUST <br />~_ ~ __~. _ _ _ _ _ _ _ _ _ . _ _ _ . _ w r _ _ _ _ __ ___ _______________~_~_~~____... ~... __. rr .~:.. w_ __ __ _ w_w____________~__~_____.~.. ___. __. _.- r - ---- -- - -_ ____ ---- <br /> - ---~--- -- --- --- -- - ~ -- <br />a" TRUST _.._Umm._....._mmm..n.nmn______nm_____m_....._..mmmnn___ on behalf of the business or entity. <br />My cominissiori expires: f',,~ f P d~ . <br /> <br />(Seal) 6 GENERAlS~~~ W~~~~GNeblaska ,..... . ~.. .. .. (N;~rY~U-bJ;..' .... . . .. .. . <br /> <br />~ My Comm. Exp. Dec. 11. 2008 <br /> <br /> <br />(Seal) <br /> <br />~01993 Sankers Systems,lno.. St. Cloud. MN Farm AG/CO.OT.NE 1/3012002 <br />e-C164INEI (03071 <br />(!) <br /> <br />PSg_ 6 of 6 <br />