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<br />200608714 <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 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 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 />28. V.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 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 />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 hereofCiJ has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <br /> <br />SIGNATURES: 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 />Et)~A. {i:J. <br />d;/;::itPO/vWu <br /> <br />(~~<at~S'l A pr!s/I AKA PATRICIA A POST <br />U Refer to the Addendum which is attached <br />acknowledgments. <br /> <br />Entity Name: <br /> <br />(Signature) <br /> <br />(Signature) <br />and incorporated herein for additional Trustors, signatures and <br /> <br />ACKNOWLEDGMENT: <br /> <br />STATE OF Nebraslta . u u... u.... , COUNTY OF Daw.s.o.rl. <br /> <br />(Individual) This instrument was acknowledged before me this ~ ~:t1'l. day of sept.E!.IlIl:>e.z: u 2 0 0 6 <br /> <br />brOORAN G POST AND PATSY A POST AKA PATRICIA A OST, HU~BAND AND W <br />My commission expires: W~ <br /> <br />~. GEKERAL I;OlAnY.Stat& of NebraSk. a . 'l''-' . .: u . . . u u . <br />(Se) n; JERRY W. BROWN. (Notary Public) <br />.H _ My COl\\lTI. Exo. Oct. 2.lt.l7 4 <br />~~, ... -'I~~}O.Ii..lr.:;.,i'~. . <br />STATE OF , C OF u.u....u.. . <br />This instrument was acknowledged before me this ... day of ...... .......... <br />by <br /> <br />} ss. <br /> <br />} ss. <br /> <br />(Business <br />or Entity <br />Acknowledgmenl) <br /> <br />(fille(s)) <br /> <br />of <br />a <br />My commission expires: <br />(Seal) <br /> <br />_. (Name of Businl;~s or Rntity) <br />on behalf of the business or entity. <br /> <br />(Notary Public) <br /> <br />c-06-09-021187 <br /> <br />~01993 Bankers Systems, Inc., St. Cloud, MN Form AG/CQ-DT-NE 1/30/2002 <br />.-C164INEII0307) <br />@ <br /> <br />page 6 of 6 <br />