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<br />200802717
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<br />27. NOTICE. Unless otherwise required by law, any notice s~all be given by delivering it or by mailing it b~ first cla~s
<br />mail to the appropriate party's address on page 1 of this Deed of Trust, or to any other address designated lfi
<br />writing. Notice to one trustor will be deemed to be notice to all trustors.
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<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 />D Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an
<br />improvement on the Property.
<br />D Fixture FiUng. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the
<br />future and that are or will become fixtures related to the Property.
<br />D Crops; Timber; Minerals; ltents, Issnes, 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,
<br />but not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and
<br />similar governmental programs (all of which shall also be included in the term "Property").
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<br />D Personal Property. Trustor grants. to Ben~fic~ary a se~urity interest in all personal'property locat~d on or
<br />connected With the Property. This secunty mterest mdudes all farm products, mventory, eqUlpment,
<br />accounts, documents, instruments, chattel paper, general intangibles, and all other items of personal
<br />property Trustor owns now or in the future and that are used or useful in the construction, ownership,
<br />operation, management, or maintenance of the Property. The term "personal property" specifically excludes
<br />that property described as "household goods" secured lfi connection with a "consumer" loan as those terms
<br />are defined in applicable federal regulations governing unfair and deceptive credit practices.
<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 for purposes of Article 9 of
<br />the Uniform Commercial Code. A carbon, photographic, image or other reproduction of this Deed of Trust
<br />is sufficient as a financing statement.
<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
<br />may 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
<br />agricultural or farming purposes and that Trustor is an individual or entity allowed to own agricultural land
<br />as specified by law.
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<br />D Additional Terms. ....................................................................................................................................................
<br />
<br />.tt..,...........................................................................................................tt........tt..........................................tt...................I.
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<br />.....'..............1.......................1........................................1..................,....................................................................................
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<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead D is attached to this Deed of Trust and
<br />made a part hereof D has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof.
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<br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Deed oiTrust 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.
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<br />D Actual authority was granted to the parties signing below by resolution signed and dated .........................................
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<br />. . SHAFER PROPERTIES LLC
<br />EntIty Name. ...... ........................................,........................
<br />
<br />Entity NllIl1e: ....... ........ ........ ... ..... ........ .... ... ..... ............. ......... ...
<br />
<br />
<br />(Date)
<br />
<br />..11................................................11.........1.....'............................
<br />(Signature) (Date)
<br />
<br />(sig~;t~;';;)""""""""""""""""""""""""""'.""""""'" (D;i~j'
<br />
<br />(si~;i;;;; j....................................................................... 'iD~t~)"
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<br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and acknowledgments.
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<br />ACKNOWLEDGMENT:
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<br />
<br />STATE OF ........................................................ , COUNTY OF ................................................................ } ss.
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<br />This instrument was acknowledged before me this ......................... day of ..............................................................
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<br />by ..............................;................................ .......................................................................................................................
<br /> ;
<br />My commission expires:
<br />(Seal)
<br />
<br />(Individual)
<br />
<br />....................1.1...............,.......................t.................I..,.........
<br />
<br />(Notary Public)
<br />
<br />(Bu.in....
<br />or Enlity
<br />Acknowledgment) .......................................................................................................... n.....................................................................
<br /> (Tit1e(a))
<br />
<br />of ''f;:tM'tT ED."r; x.1rB'tE'fxy' ..C50MPANy..... .... ..... ...... ...... ... ...... ......... ...... ............... ......... ....(Nan:eof BUBin... or E~tity)
<br />a ......"..,.....",.,........,..........'......."..".'.1,.....................................................0............. . on behalf of the bUSiness or entity.
<br />
<br />My commission expires: 11- 2 5 - 0 8
<br />J:~)IIOTAl\y.Statl of We/trasq
<br />V.ROBERT~J~~
<br />My Comm. Exp. - - 8'
<br />
<br />ST ~'!,E OF .....NEB.RASKA........................... , COUNTY OF .............MER,R,;[-GK................................ } ss.
<br />This mstrument was acknowledged before me this ...2.aXH............... day of .MA:e.C.R__...200a.........................
<br />by ....J.O.EL...B......SHAE'.E.R.,....MAN:AG.IN.G...MEMBE.R...'OE...SHAF.E.R...P.ROl?ER.'I'.IES...LLC.................
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<br />e 1993 Baollars Systems, loc., SI. Cloud, MN (1-600-397-2341) Form AGlCO-DT-NE 10130/97
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<br />page 60f6
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