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<br />...
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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 III
<br />writing. 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
<br />improvement on the Property.
<br />o Fixture Filing. 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 />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 tbem 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 inthe term "Property").
<br />
<br />o Personal Property. Trustor grants. to Ben~fic~ary a se~urity interest in all personal'property locate.d on or
<br />connected WIth the Property. ThIS secunty lllterest lllcludes all farm products, lllventory, 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 m connection with a "consumer" loan as those terms
<br />are defined in applicable federal regulations governing unfair and deceptive credit practices.
<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 for purposes of Article 9 of
<br />the Unifonn 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 />o 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 />o 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.
<br />
<br />o Additional Terms. .......................................................................................................................................... ..........
<br />
<br />,...........t..............................................1.........11..............,..........111................,..........."........,.......,........1...........,101.......".........
<br />
<br />..........................................................,...................................................................................................................................
<br />
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead 0 is attached to this Deed of Trust and
<br />made a part hereof 0 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 />. . SHAFER P OPERTIES LLC
<br />Entity Name. ............,................. .........................................
<br />,/ ,
<br />I
<br />
<br />Entity Name: . .............. ... ....... ...... ........ ... ......... ...... ....... ....... ......
<br />
<br />(Sign
<br />
<br />
<br />.............................................,..........................'............................
<br />
<br />(Date)
<br />
<br />(Date)
<br />
<br />(Signature)
<br />
<br />.....................,........................".................'................................
<br />(Signature) (Date)
<br />
<br />.......'..."........................'.........................,.....................................
<br />(Signature) (Date)
<br />
<br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and acknowledgments.
<br />
<br />ACKNOWLEDGMENT:
<br />
<br />STATE OF ........................................................ , COUNTY OF ................................................................ } ss.
<br />This instrument was acknowledged before me this ......................... day of ..............................................................
<br />
<br />by ......................................................................................................................................... .............................................
<br /> .
<br />
<br />My commission expires:
<br />(Seal)
<br />
<br />(Individual)
<br />
<br />.........................,.....'................................................................
<br />
<br />(Notary Public)
<br />
<br />(Busines.
<br />or Entlty
<br />Acknowlodgm.nt) .............>................................................................................................................. ..................................................
<br /> (Till.(s))
<br />
<br />of .I:XHlTEp...t'l.A'B"II:'fr.ry...cilMPANy..............................................................................(N~.ofBUIlin... or E~tity)
<br />a ........,.......".'.....,.....;..."........,.......'....:.............................................."".. .. .......... ...... 0 behalf of the bUSIness or entIty.
<br />
<br />My commi~~~)n expires: 11- 2 5 - 0 8 .. .~.......................
<br />
<br />.J:GfIEIlAl. IIOTARY-Sfate of .ebrasta (NotaryPubJic)
<br />V. ROBERT Yft.TERMAN
<br />My Comm. Exp. I-~ 5- off
<br />
<br />STATE OF .....ME::e.RAS.KA........................... , COUNTY OF .............MER:R:;[-C.K................................ } ss.
<br />This instrument was acknowledged before me this ...2.8TH............... day of .MARc.H.#'...200B..........................
<br />by ....J.O.F;L...E......SHAE'.E.R.,....MANAG.I.NG...MEMBE.R....QF....SBAF.ER...J?ROI?ER.'l'.I.ES...LLC................
<br />
<br />C 1993 Bankers Systems, Ino" St. ClOUd, MN (1.600-397.2341) Fonn AGlC().DT.NE 10130/97
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<br />page 6 of 6
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