<br />200607891
<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 n:corded 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 />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. V.C.C. PROVISIONS. If checked, the following arc 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 />
<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
<br />sufficient as a financing statement.
<br />
<br />29. 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.
<br />
<br />D Additional Terms.
<br />
<br />DESIGNATION OF HOMESTEAD
<br />
<br />Pursuant to the Farm Homestead Protection Act, designation of homesteadD 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.
<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 ______________________________________ .
<br />
<br />z:t&ntity e:NSH, LdLC I----t:l------------
<br />
<br />...-----~----------- ---_&~---------------------
<br />
<br />(Signature)GORDON D COBLE, CO-MANAGER
<br />
<br />Entity Naml
<br />
<br />(Signature)
<br />
<br />~__cX.__~ckv_
<br />
<br />(~ature) DEBBIE L RERUCHA, CO-MANAGER (Signature)
<br />U Refer to the Addendum which is attached and incorporated herein for additional
<br />acknowledgments.
<br />
<br />Trustors, signatures and
<br />
<br />ACKNOWLEDGMENT:
<br />STATE OF __ __ __ __ _ __ __ __ __ _ ____ __ _ ____ __ ______ _ __ __ __ , COUNTY OF _ __ __ _ __ __ _ ___ ____ ___ ____ __ _ ___
<br />(Individual) This instrument was acknowledged before me this __ __ __ __ __ __ _ _ __ day of __ __ __ __ __ __ ___ _ __ __ __ _ __ _ ____
<br />by
<br />My commission expires:
<br />
<br />_______________J ss.
<br />
<br />(Seal)
<br />
<br />- - - -- -- -- -- - (Noiary-P-tibHc)' -- --
<br />
<br />(Busilless
<br />t)t Eutity
<br />Aclmowledgmcnt)
<br />
<br />STATE OF _NElbrM*~L __ __ __ ___ __ __ _ _ ______________ ,COUNTY OF _H_~_1.1_____________ ______ ___ _________________ } ss.
<br />This instrument was acknowledged before me this :U_s_t:. __ __ __ day of ~~_9:l:1_~_~ __?()() f) __ __ __ __ __ __ __ __ __ __ __ __ __ _ __ ___
<br />by GORDON D COBLE CO-MANAGER, DEBBIE L RERUCHA CO-MANAGER
<br />of NSH, LLC
<br />
<br />a L:L~:L_~~_<;l. __I.i,a,l:>i,:L:L 1;.y__ __ __ __ __ __ __ _ __ __ _ _
<br />My c " ion~2'.Eires:
<br /><I.' a a~~.EENERAL NOi;;~y:-Stai~-oiNiJb,;j'~a
<br />~~ WILLIAM L. McLELLAN
<br />...:7_> M Comm. Ex . Au ,12,2008
<br />
<br />~_.../! /1
<br />_ ,,_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ,. _ ., _ _ _ _ _ _ _ _ _ _ :/1<1.(.". -,,~ -!'. - - - - - - - - - - -,.. ~" - - - - - - - - - -
<br />::::::::::::_:__________'._~______ __~..._-~"___ _.___.......?n ~~t't" l1USin.~.A .~..'.->>o._.,... ......... ntity.
<br />/( ~ ) i"t? C-; '?b
<br />;:;;(40/.../. .~....nn'n...~
<br />
<br />(Notary Public)
<br />
<br />C-06-0B-019221
<br />
<br />~0'993 Bankers Systems, Inc., St. Cloud, MN Form AGlCO-OT-NE 1130/2002
<br />.-C164( NE) (0307)
<br />(p)
<br />
<br />page 6 of 6
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