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200500065
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Last modified
10/17/2011 12:51:48 AM
Creation date
10/18/2005 3:04:15 PM
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DEEDS
Inst Number
200500065
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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. <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. 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: <br />0 Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on <br />the Property. <br />0 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 />0 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 "). <br />0 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 defined in applicable federal <br />regulations governing unfair and deceptive credit practices. <br />0 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 <br />sufficient as a financing statement. <br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust: <br />0 Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may <br />be reduced to a zero balance, this Deed of Trust will remain in effect until released. <br />0 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 <br />law. <br />0 Additional Terms. <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead0 is attached to this Deed of Trust and made a <br />part hereof has been disclaimed; the disclaimer is attached to this Deed of Trust and made a part hereof. <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 />El Actual authority was granted to the parties signing below by resolution signed and dated . <br />-------------------------------- - - - - -- <br />Entity Name: <br />----- ------------- <br />(Signature) T L. UMMEL 3R <br />Entity Name: <br />(Signature) <br />----------------------------------------------------------- --- ---------------- - - - - -- ------------------------------------------------------------------------------------ <br />(Si ature) (Signature) <br />Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and <br />acknowledgments. <br />ACKNOWLEDGMENT: <br />STATE OF Nebraska _ _ _ __ _ -_ _ _ COUNTY OF Ha11 r } ss. <br />(Individual) This instrum nowledged before me this 31st ____ day of c .er 2004 <br />--------- - - - - -- <br />- --- ----------- - - - - -- ---- - - - - -- - - - -- -- -------- - - - - -- <br />bY TOMMY L. LSE R91. dOTi � o <br />My commissi WILLIAM L. MCLELLAN <br />M Comm. <br />—` All .12, 2008 --------- --- - - - - -- ' <br />(Seal) -- - - - - -- - - - -- ------------------------------------------------ <br />(Notary Public) <br />STATEOF---------------------------------------------------- - - - - -- , COUNTY OF <br />This instrument was acknowledged before me this _ _ _ _ __ _ ___________ day of <br />by - <br />(Business <br />orEntity ------------------------------------------------------------------------------------- <br />Acknowledgment) Of <br />------------------ - - - - -- <br />a <br />------------------------------------------------ <br />My commission expires: <br />(Seal) <br />6CJSE�W Q 1993 Bankers Systems, Inc., St. Cloud, MN Form AG/CO -0T -NE 1/30/2002 <br />(C- C164(NE) (0307) <br />} ss. <br />------------ --------------- ---------- - - - - -- (Title(s)) <br />--------------------------------- (Name of Business or Entity) <br />- -- on behalf of the business or entity. <br />(Notary Public) <br />page 6 of 6 <br />
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