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' � , „ : : ; t � 20110193� <br />27. NOTICE. Unless otherwise required by law, any notice shafl be given by delivering it or by mailing it by first class mail <br />to the appropriate party's address o� page 1 of this Deed of Trust, or to any other address designated in writing. <br />' Notice to 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 />D Construction Loan. This Deed of Trust secuces an obligation i�curred for the construciion of an improvement on <br />the Property. <br />O Fixture Filing: Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or in the <br />future and that are or w'sll become fixtures related to the Property. <br />❑ Creps; Timber; Minera{s; Rents, Issues and Profits. l"rustor grants to Beneficiary a security interest in all crops, <br />timber, and minerals located on the Property as well as all rents, issues, and profits of them including, but not <br />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 />❑ Personaf 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 <br />' owns now or in the future and that are used or useful in the constsuction, ownership, operation, management, <br />or 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 <br />federal 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 <br />sufficient 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 or <br />farming purposes and that 7rustor is an individuaf or entity allowed to own agricultu�al land as specified by law. <br />� ~^�. <br />❑ Separate Assignment. The Trustor has executed or will execute. a��aC����Fa�s����ient o leases and rents. If <br />the separate assignment of leases and rents is properly executed'�ii�ak��ord�d, then the �eparate assignment <br />will supersede this Security Instrument's "Assignment of L�ases'and Rents,"-see���n�rv-�', Yu � <br />❑ Additional Terms. � <br />�� Fpa9e 7 of 8J <br />Ej(�j�"' OO 1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO-RESI-NE 1/17/200 � <br />