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<br />27. AIOTICE. 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 tf�is Deed of Trust, or to any other address designated in writing.
<br />Notice to one trustor will be daemed to be notice to all trustors.
<br />28. U.C.C. PROVISIONS. If checked, the follawing 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 aJl goods that Trustor owns now or in the
<br />future and that are or will become fixtures related to the Property.
<br />� Crops; Timber; Minerals; Rents, Issuss a�d Profits. Trustor grants to Beneficiary a security interest in all crops,
<br />timbe�, and minerals located on the Property as well as al( rents, issues, and profits of them including, but not
<br />limited to, a(I Conservation Reserve Program (CRP) and Payment in Kind {PIK1 payments and similar
<br />governmental programs (all of which shall also be included in the term "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
<br />owns now or in the future and that are used or usQful in the construction, 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 Yhat 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'af 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 incfudes 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 />�I Agricultural Property. Trustor covenants and warrants th ������C�iIJ�.�e.us����arin�i ally for agricultural or
<br />farming purposes and that Trustor is an individual or enti�y"��4ow� tO �ow�i �g�i�u�tUra`I lan�as specified by law,
<br />s .� ';` & � :: , �
<br />❑ Sepa�ate Assignment. The Trustor has executed or wil� e�eCutB:�-�; ss�ara�e,.assignment pf leases and rents. If
<br />the separate assignment of leases and rents is properl���d�a�=��d"ed, fil�en tlie separate assignment
<br />will supersede this Security Instrument's "Assignment of Leases and Rents" section.
<br />❑ Additional Terms.
<br />�j °A O 1993, 2001 Bankers Systems, Inc., St, Cloutl, MN Form AGCO-RESI-NE 1/17/2003
<br />(page 7 of 8J
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