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~ j ,..... I" , i . ( \. '. ' 200901554 27. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Deed of Trust, or to any other address designated in writing, Notice to one trustor will be deemed to be notice to all trustors. 28. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust: o Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on the Property. o Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the future ilnd that are or will become fixtures related to the Property. o Crops; Timber; Minerals; Rents, Issues and Profits. Trustor grilnts to Beneficiary a security interest in illl crops, tilllher, and minerals located on the Property ilS well as all rents, issues, and profits of them including, bllt not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and similar governmental programs (all of which shall also be included in the term "Property"). o Personal Property. Trustor grants to Beneficiary a security interest in all personal property located on or connected with the Property. This security interest includes all farm products, inventory, equipment, accOlmts, documents, instruments, chattel paper, general intangibles, and all other items of personal property Trustor owns now or in the future and that are used or useful in the construction, ownership, operation, management, or maintenance of the Property. The term "personal property" specifically excludes that property described as "household goods" secured in connection with a "consumer" loan as those terms are defined in applicable federal reguliltions governing unfair and deceptive credit practices. o Filing As Financing Statement. Trustor aQrees and acknowledges that this Deed of Trust also suffices as a financing statement and as such, may be filed of record as a fimtncing statement of purposes of Article 9 of the Uniform commerciill Code. A carbon, photographic, image or other reproduction of this Deed of Trust is sufficient as a financing statement. 29. OTHER TERMS. If checked, the followinQ are applicable to this Deed of Trust: [Xi Line of Credit. The Secured Debt includes a revolVing line of credit provision. Although the Secured Debt may be reduced to il zero balance, this Deed of Trust will remain in effect until released. [Xi Agricultural Property. Trustor covenants and warrants that the Property will be.. used principally for agricultural or farminQ purposes and that Trustor is an individual or entity allowed to own agriculturill l~md as specified by law. o Separate Assignment. The Trustor has executed or will execute a separat'e assiQnment of leases and rents, If the separate assiQnment of leases and rents is properly executed and recorded, then the separate assignment will supersede this Secllrity Instrument's "Assignment of Leases and Rents" section. o Additional Terms. ~r-€!~' 199~"'l, LOO 1 Bankers Systems, Inc., St. Cloud, MN Form AGCO AESJ-NE 1/17/2003 0fJ~ .~~ (paue 7 of 8)