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201005440 x7. NOTICE. Unless otherwisd required by law, any ndtlca shah be given by delivering it or by mailing it 6y first cuss moil to the appropriate party's address on papa t df this Dead of Trust, ar to any other address designated in writing. Notice to one tustor will 6d ddamad to be notice to all trustors, ~. U.C.C. PROVISIONS. If chocked, the following are applicable to, but dq ndt limit, this pddd of Trust: ^ Conatruetion Leen. This Dead of Trust secures an obligation incurred for the cpnstruction of en improvamdnt on the Property. ^ i^Ixture FNing. Trustor grants td Beneficiary a security interest in all goods that Truster nwns now or in the future and that are or will become fixtures rotated to the Property. © Crdpa; Timber; Minerals; Rents, issues and Profits. Trustor grants to Beneficiary a security interest in all crape, timber, and minerals located on the property es well as all rents, issues, and prdfita of them including, but not limited to, ell Conservation Reserve Program ICRPI and Payment In Kind (PIK) payments and similar governmental programs (all of which shall also be included in the term "Property"1. ^ Personal Property. Trustor prents to Beneficiary a security interest in all peraanal property Ideated on or cvnnectdd with the Property. This security interest includes all farm products, inventory, equipment, accqunta, dacumants, instruments, chattel paper, gendrsl 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 goads" secured in connection with a "consumer" loan as those terms are defined in applicable federal regulations governing unfair and deceptive credit practices. © Fding Aa Financing Statement. Trustor agrees and acknowledges that this Deed of Trust sled suffices as a financing statement and as such, may be filed of recgrd as a financing statement of purposes of Article 9 of the Uniform commercial Gode. A earbdn, photographic, image or other reproduction of this Deed of Trust is sufficient as a financing statement. 2B. OTHER TERMS. If checked, the fallowing ors applicable to this Deed of Trust: © line of Credit. The Secured Debt includes a revolving lino of credit provision. Although the Secured pebt may be reduced to a zero balance, this Deed of Trust will remain in dffdct until rabaaed. ^ Aprlauhural property. Trustnr covenants and warrants that the Property will be used prinaipelly Tar agricultural or farming purposes and that Trustor is nn individual or entity aNowed to own agricultural land es specHied by law. Cl Separate Assignment. Tho Trustor has executed or will execute a separate assignment of leases and rents. If the separate assignment of leases and rants is properly executed and recorded, then the separate assignment will supersede this Security Instrument's "Assignment of Leases and Rants" section. © Addkldnsl Tdnms. (7,~~+ [~ ~+ rpagr 7 of 61 ~" 47883, 700r Ba,ka. Svnans, ine.. sr, cia,d, MN ram AdCO~aE81~lE tI171Y009~ `-' /