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<br />200701932 <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. <br />Notice to one trustor will be deemed to be notice to all trustors, <br /> <br />28. U.C.C. 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 /> <br />o Fixtura Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the <br />future and that ara or will become fixtures related to th6 Property. <br /> <br />o Crops: Timber: Minerals: Rents, Issuas and Profits. Trustor grants to Beneficiary a security interast in all crops, <br />timber, and minerals located on the Property as wall as all rants, issues, and profits of them including, but not <br />limited to, all Conservation Reserve Program (CRP) tlnd Payment in Kind (PIK) payments and similar <br />governmental programs (all of which shall also be included in the term "Property"). <br /> <br /> <br />o Personll Property. Trustor grants to Beneficiary a security interest in all personal property located on or <br />connected with the Property, This security int6rest includes all farm products, inventory, equipment, accounts, <br />documents, instruments, chattal papar, general intangibles. and all other items of personal property Trustor <br />owns now or in the future and that are used or useful in the construction, ownership, operation, management, <br />or maintenance of the Property. Th8 ttlrm "personal prop8rty. specifically excludes that property described as <br />"household goods" secured in connection with a "consumer" loan as those terms {;Ire defined in applicable <br />, federa,1 rl'lgulations governing unfair and deceptive credit practices. <br /> <br />o Filing As Financing Statllmllnt. Trustor tlgrees and ecknowledges that this Deed of Trust also suffices as a <br />financirig sta'tement and as such, may be filed of record as a financing statement of pur os as of Article Sof the <br />Uniform commercial Coda. A carbon, photographic, image or other reproduction 0 this Deed of Trust is <br />sl)fficient as a financing statement. <br /> <br />29. OTHERTERMS.lf check.ed, the. following are applicable to this Deed of Trust: <br /> <br />o Line of Credit. The Secured Debt includes a revolving line of credit provision, Although the Secured Debtmay be <br />: reduced to a rera balance, this Deed of Trust will remain 'in effect until released. ' .' <br /> <br />o Agricultural Property. Trustor covenants and warrants that the Property will be used principally for agriculwral or <br /><farming purposas and that TrustPrisanindividualor entity allowed to own agricllltural land as specifled,bylaw. <br /> <br />D S.parate Assignment. The Trustor hes executed or will execute a separate assignment of leases and rents. If <br />the separate assignment of. leases and rents is properly eX6cuted and recorded,. then the separate assignment <br />will,supersede this Security .Instrument's ':Assignment of Leases and Rents" section. ' ," <br /> <br />Additional Terms. <br /> <br />(pege 1 of 81 <br /> <br />~ Ie> 1993. 2001 Sanke" ay.tomo, lne.. Sl, Cloud. MN Form ACiCO.R.SI.NE 1/17/2003 <br />