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200906634
<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.
<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 l 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 />2$. U.C.C. PROVISIONS. If checked, the following are applicable to, but do not limit, this Deed of Trust:
<br />^ Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on
<br />the Property.
<br />^ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the future
<br />and that are or will become fixtures related to the Property.
<br />^ Crops; Timber; Minerals; Rents, Issues, and Profits. Trustor grants to Beneficiary a security interest in all
<br />crops, timber, and minerals located on the Property as well as all rents, issues, and profits of them including, but
<br />not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) payments and similar
<br />governmental. programs (all of -vic$ich.slrall alsa~ be included in the te.*m "Property"). -
<br />^ 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 />^ 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.
<br />29. OTHER TERMS. If checked, the following are applicable to this Deed of Trust:
<br />^ 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 />^ 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 awn agricultural land as specified by law.
<br />^ Additional Terms .....................................................................................................................
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead ^ 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 />^ Actual authority was granted to the parties signing below by resolution signed and dated 0.7 L ~.0./. 2 A 0.9 .................. .
<br />Entity Name: ... S 1C.$.1.1 ~....~ 17.C.. ............................... Entity Name: .........................................................
<br />~ n~.~.,,.,,,,.~~s-~--~.-~-... `~ -- I u- c_~~7 .......................................................................
<br />. ....... .........
<br />(Signature) E m a n u e l W. S k a l a (Date) (Signature) (Date)
<br />President
<br />....................................................................... .......................................................................
<br />(Signature) (Date) (Signature) (Date)
<br />^ Refer to the Addendum which is attached and incorporated herein for additional Trustors, signatures and
<br />acknowledgments.
<br />ACKNOWLEDGMENT:
<br />STATI: OF ........................................... .COUNTY OF ................................................ } ss.
<br />nndivlaual) This instrument was acknowledged before me this .................... day of..................................................
<br />by ....................................................................................................................................... .
<br />My commission expires:
<br />(Seal) .....................................................................
<br />(Notary Public)
<br />STATE OF Nebraska .. , ... ,COUNTY OF Merrick } ss.
<br />.............. ................. .............................................
<br />This instrument was acknowledged before me this ..10 t, h..... , , , , , day of... , ~ u 1 ~_ ?_ .. 2 0 0 9
<br />..............................
<br />by ..E.m.~.nu~.l.. W.,...~ka.l.a,~„Pre.s.i.den,t,
<br />..... .
<br />............................................... ...........
<br />cEosiress
<br />or Entity ......Skala .....I. n C ............................................................................................ ........... cridecs»
<br />Ackwwledgment) Of .............1..........r.....................................................~ ........ ....................... (Name of Rusinessor Entity)
<br />a ... N e,b,r a s k a. „C, 0 r p o r.a.t i. o n .... on alf of the business or entity.
<br />.................................. .......
<br />My commission expires: 11- 2 5 -12
<br />(Seal) ... ... ... ......
<br />GENERAL NOTARY- dale of Nedraslu -- ( . tart' Public)
<br />V. ROBERT WATEFiMIW
<br />My Carom. 6~. Nor. 25, 21!12
<br />~~ ®1993 Bankers Systems, Inc., St. Cloud, MN Form AG/CO-DT-NE 1 /30!2002 page 6 of 6
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