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� 4 <br />201104i92 <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 eppropriate party's address on 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 />� Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an improvement on <br />the Pcoperty. <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 will become fixtures related to the Property. <br />O Crops; Timber; Minerals; Rents, Issues and Prafits. Trustor 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 Conservetion Reserve Program (CRP) and Payment in Kind (PIK) payments and similar <br />governmental programs iall of which shall also be included in the term "Property"}. <br />O 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 useful in the construction, ownership, operation, management, <br />or maintenance of the Property. The term "personal property" specifically excludes that property described es <br />"household goqds" secured in connection with a"consumer" loan as those ierms ara defined _ in applicable <br />federel regulations goveming unfair and deceptive credit practices. " ' <br />O Filing As Financing Statement. Trustor agrees and acknowledges that this Deed of Trust also suffices as a <br />financing statement and as such, mey 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 />O 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 Trustor is an individual or--�ntit� a�vv�ed;���� land as specified by law.. <br />❑ Separate Assignment. The Trusior has executed or �will execu.t� a scparate assignment of leases and rents. If <br />the separate assignment of leases and rents is prop�rly .'execUted�artd �,�eccsrded; then ihe separate assignment <br />will supersede this Security Instrument's "Assignment of`L"�a"ses: aFi�d"Ren�t'"s" seciion: � <br />❑ Additional Terms. <br />fpage 7 of 81 <br />� � 1993, 2001 Bardcers Systems, Inc., SL Cload, MN Form AGC0.RESI-!dE 1/17/2003 <br />