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<br />200606018
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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.
<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 />V.e.e. 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.
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<br />D Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the futurc
<br />and that are or will become fixtures related to the Property.
<br />
<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.
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<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
<br />sufficient as a financing 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 />
<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 />27.
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<br />28.
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<br />29.
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<br />------------- . .",---------------------- ,.---------------------------.-.,.,------------------------------------------------------ ---------------------------
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<br />,.------------------------ --------------------------,..-----------------------_.......----------------------. .------------------------ ...---------------
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<br />DESIGNATION OF HOMESTEAD
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<br />Pursuant to the Farm Homestead Protection Act, designation ofhomesteadD is attached to this Deed of Trust and made a
<br />part hereofD has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof.
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<br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Deed of Trust and III 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 f,1J"anted to the parties signing below by resolution signed and dated __________ _____________________
<br />
<br />Entity Name: __ __ __ __ __ __ __ __ __ __ __ ___ __ __. _"
<br />
<br />Entity Name: __ __ __ __ _ ___ _______ . __ _ _______________ __ _ _ .. __ ____ _____ __ _ ______
<br />
<br />
<br />u. ~~l1uummuumm
<br />~~h i~u~=h:u~d mOO'~~~;~~cinu;O:U~~itiO:IT~~:"mSi~ahrr" and
<br />
<br />acknowledgments.
<br />
<br />ACKNOWLEDGMENT:
<br />STATE OF lIt@_r_alskal____________________ . __ __ _ __ ____ ____ _ , COUNTY OF IiCi_l.+_ __ __ __ __ __ __ __ __ _ __ __ _ _ .. _ __ _____ ____ __ __ __ __ _ } ss.
<br />(lndividu.1) This instrument was acknowledged before me this ~Q~~_____d___ day of
<br />by CARL MAYHEW and SUSAN MAYHEW, HUSBAND AND WIFE
<br />My commissio
<br />
<br />(Seal)
<br />
<br />,
<br />
<br />
<br />GENeIW. NOTARY - Slate of NebnIka
<br />GARY A. KISER
<br />My Corom. Exp. July 9, 2008
<br />
<br />STATE OF _.. __ _ __________ __ _.. __ _______________ __ _ __ _ __ __ __ _ __ , COUNTY OF _______ __.. _ ___ ________ ____ _ __ __ __ _ __ __ ______________ } ss.
<br />This instrument was acknowledged before me this __ __ __ _ __ _ __ _ __".. _ day of __ __ _ _ _ _ .. __ __ __ _ __ __ ___ _ __ __ __ . __ __ _ __ __ __ __ __ __ _.. .
<br />
<br />by _ __ __ __ __ __ __ ____ __ _ _ __ __ __ __ _ ____ ____ __. .. _ __ __ __ _ ____ __ __ _ __. _ ..__ _____ ____ __ __ __ __ __ _. _ _ __ __ ________ __ __ __ _ _ . - --- ------------
<br /> - - -- - -- . -- -- -- -- -- -- -- - ----
<br />
<br />(Busine:ss
<br />~lr P-lltit)'
<br />Aoknowledgment) of
<br />
<br />(Title(,))
<br />
<br />.,----------------- ---------------------,.-----------------..-" "..---------------------- . ------------------- .,-------------------
<br />
<br />(Name: of Business or Entity)
<br />
<br />a
<br />. ----------------
<br />My commission expires:
<br />(Seal)
<br />
<br />_ _________________ _ _ __ _ on behalf of the business or entity.
<br />
<br />(Notary Public)
<br />
<br />~ 01993 Bankers Systems, Ine.. 51. Cloud. M N Form AGlCO-or -NE 1/30/2002
<br />~.C164( NE) (0307)
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