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1 + ' F 2oioo�s3o 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 ather address designated in writing. Notice to ane trustor will be deemed to be notice ta all trustars. 28. U.C.C. PROVISIONS. If checked, the foilowing are applicable to, but da not limit, this Deed of Trust: ❑ Gonstruction Loan. This Deed of 7rust secures an obligation incurred for the construction of an improvement on the Property. l$I Fixture Filing. Trustar grants to Beneficiary a security interest in all goods that Trustor owns now or in the future and that are or will become fixtures related to the Property. ❑ Graps; Timber; Minerals; Rents, Issues and Profits. Trustor grants to Beneficiary a security interest in all crops, timber, and minerals located on the Property as well ss all rents, issues, and profits of them including, but not limited to, all Canservation Reserve Prngram (CRP) and Payment in Kind (PIK) payments and similar governmental programs (all of which shall also be included in the term "Property"►. I�SI Personal Property. Trustor grants to Beneficiary a security interest in all personal property located on ar cannected with the Property. This security interest includes all farm products, inventory, equipment, accounts, documents, instruments, chattel paper, general intangibles, and all other items of personal prvperty Trustor owns now or in the future and that are used or useful in the construction, ownership, aperation, management, or maintenance of the Property. The term "personal property" specifically excludes that property described as "household goods" secured in connection with a"cansumer" loan as those terms are defined in applicable federal regulations governing unfair and deceptive credit practices. ❑ Filing As Financing Statement. Trustor agress and acknowledges that this Deed of Trust also suffices as a financing statement and as such, may be filed of record as a financing statement of purposes vf Article 9 of the Uniform commercial Code. A aarbon, photographic, image or other reproduction of this Deed of Trust is sufficient as a financing statement. 29. OTHER TERMS. If checked, the fallowing are applicable to this Deed of 7rust: ❑ I.ine of Credit. The Secured Debt includes a revolving line of credit provisian. Although the Secured Debt may be reduced to a zero balance, this Deed of Trust witl ramain in effect until released. ❑ Agricultural Property. Trustor covenants and warrants that the property will 6e used principally for agricultural or farming purposes and that Trustor is an individual or entity a�lawed to own agricultural land as specified by law. ❑ Separate Assignment. The Trustor has executed or will execute a separate assignment af leases and rents. If the separate assignment of leases and rents is properly executed and recorded, then the se�arate assignment will supersede this 5ecurity Instrument's "Assignment of Leases and Rents" section. 0 Additional Terms. � 1 � /page 7 of 8) �j "' (� 1g93, 2001 Bankers Systama, Inc., St. Gloud, MN Form AGCO-RESI-NE 1/17/2003 `•