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<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.
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<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 />28. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust:
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<br />o Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on
<br />the Property.
<br />o 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 />o 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").
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<br />o 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 detIned in applicable federal
<br />regulations governing unfair and deceptive credit practices.
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<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 sufficient
<br />as a financing statement.
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<br />29. OTHER TERMS. If checked, tlle following are applicable to this Deed of Trust:
<br />o Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be
<br />reduced to a zero balance, this Deed of Trust will remain in effect until released.
<br />o 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 law.
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<br />o Additional Term.,. ....................................................................................................................
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<br />.............................................................................................................................................
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<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead 0 is attached to this Deed of Trust and made a
<br />part hereof 0 has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof.
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<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 />o Actual authority was granted to the parties signing below by resolution signed and datedO.S/.17./.2QO.7.................. .
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<br />y.-,7-4-()7
<br />..........................f....... .
<br />(Date)
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<br />Entity Name: .........................................................
<br />
<br />
<br />
<br />(s;;,;;.~;;;~;.~.......8~21;,;q,7
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<br />(Signature) (Date) (Signature) (Date)
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<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and
<br />acknowledgments.
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<br />ACKNOWLEDGMENT:
<br />STATE OF ..I':l.e.b.rask.a......................... , COUNX.j;PF ....M.e.r.r.ick............................. } ss.
<br />(Individual) This instrument was acknowledged before me this ....~~........... day of...Aug.u.s.t."...2D.O.7......................
<br />by ..T. Q Q Q.. .F..rJ.e 5 .e.n.. .a.nd.. L.ox. i... P. f.e.i.f.e r..,.. .b.u.s. ...a n d.. .w.i .e.................................
<br />My commission expires:
<br />(Seal) ~fNEIW. IInT.ARY No. ........
<br />'1\1 . ->lOW of Nebra
<br />LYNN KEMMEr
<br />
<br />STATE OF .k't?...................~~~..~..~~.~O 2 _ _~O? ...JI.<t/I....................')-f....... } ss.
<br />This instrument was acknowledged before me this........l=?'......... day of...a tl.J.. ..d.~./........................
<br />
<br />by ................................................................................................................................ .........
<br />
<br />
<br />(Business
<br />or Entity
<br />Acknowledgment)
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<br />. . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .
<br /> . . . . . . . . . . .. . . . ... . . . . . . . . . . . . . . . . . . . . . .. (Title('))
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<br />of ................................................................................................................... (NalTIe of Business or Entity)
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<br />a ............................................................................................... on behalf of the business or entity.
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<br />My commission expires:
<br />(Seal)
<br />
<br />(Notary Public)
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<br />F~ @ 1993 Bankers Systems, Inc., St. Cloud. MN Form AG/CO-DT-N~ 1/30/2002
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<br />page 6 of 6
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