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<br />200602182 <br /> <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 an the title, power and duties conferred upon the Trustee by this <br />Deed of Trust and applicable law. <br /> <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 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 /> <br />28. U .C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust: <br /> <br />D Construction Loan. This Deed of Trust secures an obligation incurred for the construction 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 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 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 />D 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 a financing statement. <br /> <br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust: <br />o 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 Trust will remain in effect until released. <br />D 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 law. <br /> <br />o Additional Terms. .................................................................................................................... <br /> <br />DESIGNA nON OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead D is attached to this Deed of Trust and made a <br />part hereof 0 has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <br /> <br />SIGNA TURES: 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 />D Actual authority was granted to the parties signing below by resolution signed and dated Q.4! In.l2 R 9.9.................. . <br /> <br /> <br />Entity Name: ......................................................... <br /> <br />(Date) <br /> <br />(Signatun: ) <br /> <br />(Date) <br /> <br />oel Sha r - Indi viduaiJ(Date) (Signature) (Date) <br /> <br />Defer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br /> <br />ACKNOWLEDGMENT: L i tl '0- ...., t't ^ ^ , '",-," <br />STATE OF .........l\R....P0lQ\............. , COUNTY OF ......,\J.~.tfY}c;,..ll....................... } ss. <br />(Individual) This instxent was acknpwledged before me this .....l.r:;;l......... day of....I.II/I.W.r.cr.'\.......~ .............. <br />b 'co:. ' <br />Jy.~.~;~~s~i.~ e~.~AJnr.dx3.wwoo~ ...................{j... ...~..........;.... ... .................. . <br />(Seal) __.!~~~~. ............... ...(fJJ.I\.... <br />........,....,.. --.g ftO"'f"nIlWIUID (Notary PubltcT <br /> <br />STATE OF .... .~.t)(t.~ .1:'.0-................... , COUNJ:Y OF ... Jlu~..~~~.................,...... } ss. <br />This instrument was acknowledged before me this... .Z, ~............. day of.....~ w:cn........ 2..a:::!..i?.................. <br />by .....w.. .(2t.t\~t.. ...;. .':'(~-y'\1~/.... . . . . . . . . .. . .. . ............. ...... . . . . .. . . .................. . . . . . . . ............... .. . . . . <br />(/Jus;"." <br />~e;~~~edgme"t) ~'i ....j ~~i.'. }\~,.(+r~..........L \L............................................................................~.................................................. <br /> :.... .(~~~: ~t~ ;l:';i~~:S o:r~~:::: <br /> <br />a .. ~Q!................................................................ .~~ ",...... on be!::tal ' bUS, iness or entity. <br />My rzSS1~ ex&tres: ~, r " ,. ----__ <br />, al) ene I N~~A ~~~l~ Nebraska .............. .. .(lNl~~.. .. .. ... . . ..... ~-'~0""" .. .. <br /> <br />, My Comm. expo JUI:l20~~ <br /> <br /> <br />~ @ 1993 Bankers Systems. Inc" St. Cloud, MN Form AG/CO-DT-NE 1/30/2002 <br /> <br />page 6 of 6 <br />