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<br />200605573
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<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.
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<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.
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<br />U.e.e. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust:
<br />
<br />o Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvemcnt on
<br />the Property.
<br />o 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.
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<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").
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<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 -producb, 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.
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<br />o 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 tiled 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.
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<br />27.
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<br />28.
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<br />29.
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<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 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.
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<br />D Additional Terms.
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<br />DESIGNA TION OF HOMESTEAD
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<br />Pursuant to the Farm Homestead Protection Act, designation of homestead 0 is attached to this Deed of Trust and made a
<br />part hereof 00 has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof.
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<br />SIGNATURES: By si!:,'Tling 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 />o Actual authority wa.',; granted to the parties signing below by resolution signed and dated ________________ _.____
<br />
<br />Entit~ 2~- ---~----- - -- ------
<br />/... ~ " ----------------------- -
<br />----~-~.--:_~
<br />(Slgnature)T UMME~ T ~
<br />~--~...----------------- -
<br />
<br />(Slgnature)CARY Pi: ~L (Signature)
<br />D Refer to the Addendum which is attached and incorporated herein
<br />acknowledgments.
<br />
<br />Entity Name:
<br />
<br />(Signature)
<br />
<br />for additional Trustors, signatures and
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<br />ACKNOWLEDGMENT:
<br />STATE OF l<t~ras~~_ _________ _______________ _ __ _ __ , COUNTY OF lio1i.1.1___________ ___ _ ____
<br />(l"divid",I) This instrument was acknowledged before me this :t,~t:h
<br />by"TOHMY L UMMEL JR AND CARY Pi: UMMEL, HUSBAND
<br />Myco ill es:
<br />GENERAL NOrnRY ~
<br />WILLIAM i. S~te of Nebraska
<br />c. M Comm. Ex '. Au ~~~L2~N
<br />STATE OF.. __ __ __ __ __ __ _ _ _________ _____ ____ __ _ ____ __ ,COUNTY OF __ _ ____ __ __ __ _ __ __ __ __ __ _ _ _ __ _ __ _ _ _ . _ __ ____ __ } ss.
<br />This instrument was acknowledged before me this _ _ _ _ __ __ _ day of _____ __ __ __ __ __ __ _ _ _ __ __ __ _ _________________ ___
<br />
<br />by _ . _ ________________________ __________________________________.. _____ ____________________________________.._...
<br />
<br />(Busilless
<br />Or El1tity
<br />Acknowledgment) of
<br />
<br />_ (Titi<(,n
<br />
<br />(Name of BIJ'jlile'SS ~'It 1'~I]tjty)
<br />
<br />a
<br />-----------------------
<br />My commission expires:
<br />(Seal)
<br />
<br />on behalf of the business or entity.
<br />
<br />(N otary Public)
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<br />~01993 Bankers Systems, lno., Sl. Cloud, MN Form AGlCQ.QT-NE 1/30/2002
<br />e-C164( NE) (0307)
<br />@
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