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<br />200601807
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<br />RE-REGORDED
<br />200602528
<br />
<br />26.
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<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 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 mterest 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 />"IlOusehold goods" secured in connection with a "consumer" loan as those terms are defined in applicable federal
<br />regulation!lgoverning 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 />financing statement and as such, may be flied 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 />. Ilufficien~ as a fmancing statement.
<br />
<br />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
<br />. be reduced to a zero balance, this Deed of Trust will remain in effect until released.
<br />o 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 Additi9nal Terms. __mm_____m_m__mm._....................................'.._....___.___m__.__ __ ______..__ ....,
<br />
<br />27,
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<br />28.
<br />
<br />29.
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<br />DESIGNATION OF HOMESTEAD
<br />
<br />rursuant to the Farm Homestead Protection Act, designation of homesteadD is attached to this Deed of Trust and made a
<br />part hereof[i] bas been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof.
<br />
<br />~lG?5ATlIREs'i By signing ]le1ow, Trustor agrees to the terms and covenants contained in this Deed of Trust and in any
<br />. .. attach.1TI.ents. - Trustor also acknowledges receipt of a copy of this Deed of Trust on the date stated above on Page 1.
<br />.'0 J;\CtualllythoritY was granted to the parties signing below by res.olution signed and dated __m_............._.....____m....__ .
<br />-.,,". DANillLJ RAlNFORTII AND/OR PATRICIA D
<br />entity Nllmi;. RAINFORTH, TRUSlEES; DANIEL] RAlNFORTH Entity N31m
<br />
<br />~:i'~:;;. ~n1?~Jf(< (s~i.::...nn
<br />~~4-n
<br />
<br />(~ture) PATRICIA D RAIN
<br />U Refer to the Addendum
<br />ii~knowledgments .
<br />
<br />
<br />I{/....; Jye-t
<br />............. .../.... ..................... --....,.................., ,- - -- - -- - -- - - - - --- - - -- -- - -- -- -- ,--, --
<br />staa (Signature)
<br />is attached and incorporated herein for additional Trustors, signatures and
<br />
<br />=:mr~~i~ef~~~alW~~~ihisn' CJ~NTY ~~ ~f__n E({~/~"co' _ nn. __
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<br />--My ~?JllIJrl5S; .
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<br />(Seal)
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<br />Sf ATE OF.tI~:t!.;-_~.~~~..mm___m......_._..mm..mmm. . COUNTY OF ~.9:.~..mmm....mmm..mmm..mm... } ss.
<br />This-instrument was acknowledged before me this g.?.tJ.L..n____ day of E~_~_1,l_~~.Y__~!HHL___m___..________mmm_m
<br />byDANIEL J RAINFORTH Trustee, PATRICIA D RAINFORTH TrU~tee
<br />of DANIEL J RAINFORTII AND/OR PATRICIA D RAINFORTH, 1RUS1EES~ DANIEL J RAJNFORTI-I
<br />AND PATRICIA D RAlNFORTH REVOCABLE TRUST
<br />a' :'TRii ST. - - - - m__ - - ::::: :::::::~:::::~~::::::::::::: :::::::::::: ::::::: :::::::::::: ::::::: :::::::: :::::"on' behalf 'of" the-business' or' entity.
<br />My cominissiori expires: ~ f "J/' /1.6-
<br />(Seal) ... P ..L.U,
<br />. 6 GENERALs~~~~~~~~Nebra$ka . ---------..----- -- .. (N;W:~ Pub ).. ... .
<br />~ My Comm. Exp. Dec.U, 200~_ .
<br />
<br />~ 01993 aankers Systems, Inc.. St. Cloud, MN Form AG/CQ.DT.NE 1130/2002
<br />.-C164(NE) 103071
<br />lS)
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