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<br />200611482 <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. 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 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 arc defined in applicable federal <br />regulations governing unfair and deceptive credit practices. <br /> <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 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 />[i] 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 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. <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 />o Actual authority was granted to the parties signing below by resolution signed and dated _ _ _ _ _ _ _ _ _ _ <br /> <br /> <br />me: <br /> <br />si".~)1; ;[;~ ~ ~ ~ ~ ~ ~ <br />_ _~~ '!lkd _ _ _ _ _ _ __ <br /> <br />Entity Name: <br /> <br />(Signature) <br /> <br />(~ature) COLLEEN 0 I NEILL (Signature) <br />U Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br /> <br />_ _~___ __[~~llI) <br /> <br /> <br />ss. <br /> <br />ACKNOWLEDGMENT: <br />STATE OF ~ePr..!ls_ki!.. _ _ _ _ _ _ _ _ _ _ , COUNTY OF !!a],l_ <br />(Individual) This instrument was acknowledged before me this ~7th_ <br />by GORDON O'NEILL AND COLLEEN O'NEILL, HUB <br />My commission expires: <br /> <br />STATE OF _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.' COUNTY OF _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ } ss. <br />This instrument was acknowledged before me this _ _ _ _ _ day of _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br /> <br />~------------------------------------------ <br /> <br />(RusjllC:=S$ <br />or Entity <br />Aoknowledgment) of <br /> <br />(Title(s)) <br /> <br />(Name of B~illess or Entity) <br /> <br /> <br />on behalf of the business or entity. <br /> <br />(N otary Public) <br /> <br />C-06-12-027294 <br /> <br />page 6 of 6 <br />