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<br /> �.' - 26.SUCCF�.SOR TR�JSr�• B�ueScla�Y.at Beneficlmy's option,may from dme co t�e remove Taustee and agpoint a .
<br /> �' � y�sor rivstee isy an instrameet c�econded in the oottaty ia whirh this Deed of'Tmst is teconded.'tlie sacc�ssor ezuste� _ ; '°° .
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<br /> A�;'`. . , without canveyance of the Pmperty,.sball sacceed to ail dse title.power and duties confeired upon the Tmstee by this . , ; , `.
<br /> ` � . Deed of ltast and applicable law. ���` � �_t; �:
<br /> •';�� law, notice shall be giv�by deHveri�g it or by mailing it by first cla�mail " .'`� : °
<br /> `� � '. ,� YJ.NOTdCE.Unless otheradse requi�ed bY �Y °`.•'
<br /> to the agprcpriate Party+'s address on page 1 of t6is Deed of Tnut,or w aay other address designated in writing.Notice w
<br /> _ , .'° �, one m�swr w�l be d�to 6e nodce w all uustois. - � , �- .
<br /> , :�`, Z8.U.C.C.PBOVISIONS.If check�d.the following are applic�able m.but do not limit,tvis ITeed of Tn�st: . , "
<br /> �_ � `:�_ ❑ �On�r¢�n Loan.This Da�d�f T:ust secures aa obligation inciured for the constcucaon of an impmvemeat on _ _, .
<br /> .1 , the Pruperty. . , _ .
<br /> ,.,. � �e F�S.Tn�swr gsants to Beneficeary a secarity inoerest in aU goods that Tnsstor owns now or in thc fumre .
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<br /> � . � �..,�T - and tbat are or w�l become 5xdues ielated w the Property t� . .
<br />:-s`�(: ' _ � Cro�lgmber, N!'meral.��ea�� �aes.and Profits.Trostor giants w Beneflc�► a secutiry interest ia all ��°�:y. ; :. .
<br /> < �+� �rops,timber.and minerals lacared on ihe Property as well as ari rents.issues,and pmfits of them including.bat
<br /> Y not li�mtcd w, all Consenration Reserve Pcogram (CR� and Payment in Kind (P1I� PaYm��s � �� ` � _
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<br /> ' govermmental Pmgram�(all of which sball aLso be included in the term'PrapertY'?• , ., �
<br /> interest ia aIl onal aty toc�ted on or "i�
<br /> �' � . � Peasonal Piv p e ri y. Tmstor graats to Beneficiary a secority P�s P�P �`''o'`r�,_
<br />..5�` - �• wffie�xed with she pragerty. 7bis seco�iry interesc rosludes all faim prodncts,iav�tory. eguipmeni. accouass, ' :._
<br /> axe Tmstor owns � 4
<br />-;�� � . docaments. inst�uaients, cbattel pa�er.geaeral intaagi'blea,and all other items of persaaai pmpertq �.:. �,�:.. —.
<br /> �: � now or in the fat�ue and th�are nsod or usefiil in th�canstrucuon, owaecship, operatiun, manag��. or
<br /> . �� maintenaace o f t h e P r a P e c t Y. 1 7 i e t e r m "p e:s o n a i P�P�Y° S P��a 1 1 Y e x c l n d e s t h a t P�P�3► describe� as
<br /> . ' :4'. "hoasehold goods"secured in wnnecdoa with a°cans�mer"loaa as Wose teriaav are definea ia applicable federal �,. r •
<br /> '`" regolations goveming uufair and deceptive cmdit prac�ices. . " .
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<br /> __..."_ :--.�``��. ❑ F�Ting As F4nsndng 3tatem�t. Tmstor ag�ees atM aclmowledge�thai this Deed of T:ust also suffices as a F .---
<br /> - •.,�._, fmanciag statement and as such.maY be fled of reoord as a financing statemeat of pn=poses of Article 9 of the ;�, _�.
<br />-'� , _ •�; Unifa�commes�Ial Cade.l�cubon.phowgcapIric, imaBe or other repradaction of this Deed of Trust is sat�CCient . . �'.r.-
<br /> -�a. � ' 8S a fin�ia$StatemeoL. t, ,y�:Zr�~
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<br /> . � _...,::;. 29.OT�R TERMS.If che�kked.the following are agplicable to this Deed of Tmst: `" �:_-.�.:
<br /> . �� . _ ❑ Line of Cre�t.'Ihe Secand Debt inclades a revolving IIne of credit prnviston.Ntlwugh the S�ored Debt may be _Y.-:���---
<br /> ' , �'�•``•' : .•f. reduced to a ztro balaaoe,ihis Deed of Trust w�l remaia ia effect wu�released. � •:;.'r_.;:.
<br /> • � ", Q �gr�cuit�aal pruperiy. TmsKor covenaats and wariants thai the Property will be nsed principalty for agricul t u r a l --
<br /> s � . ' � `; or farminS Puiposes and tltat Tmscor is an individnat or entity allowed to own agdcnlUuai laud as specified by law. r',,, —
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<br /> -- . -_.- ..- ❑ Additional Tesm9. ...._................................................................................... ....................... ,:;,:•.:�-
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<br /> : � DESIGNATION OF H01�F.AD 'J�-
<br /> ' ' � ' • Pursuaat to the Farm Homestead Protecaon Act.designazion af homestead�is attached to this Deed of Trost an3 made a . �,�
<br /> . . part hereof O has beea disctaimed:t6e disclaimer is attached m this Deed of Tnut and made a part heraof. �.;_:
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<br /> � ::'; SIGNA�JAES:By sigNng below,Trustor agrees to the tertns aad covenants contained in thts Deed of Tzust aad in any ,_�. . : - -
<br /> . . . attachments.Trustor aiso ackaowled�es receipt of a copy of this Deed of Tcust on the date stated ab�ve on Page 1. * ....;`,. . _
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<br /> �Actual aathority was grant�to the parties sigaumg below by resolution signed an d d e t e d..r��.�d�..��. .
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<br /> �:, tslgnaaue>DAVID L. � � � PI�1it�R r�) sI mce , . . _
<br /> ' . (Sigoawre).....................................................�te) (Sig�ature>....................................................�te) . •i: .
<br /> , O Refer to the Addendum which is aaached and inco�porated herein for additlonal Trustors, signatures and . ..
<br /> ' � acknowledgaaents. �
<br /> . ' � . . ACKNOWLEDGMEI�3'T: } ". ' �:•
<br /> ��. • . STA'I'E OF............ ................. ...........COUNTY OF... ........................................... ss. •,
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<br /> � This instn�ment was aelcaowledged before me this ....................day of.................................................. ...: .
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<br /> � . � � My wmmission expires: + .
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<br /> ��' .. . . � S'i'ATE OF����;1.............................C . . ........ ... ...... }ss. : '
<br /> OUN'I'Y OF�� ................ ....... •, . .
<br /> � 7liis lnstrnmeat was acknowledged befom me this.......�?�.....day of.....�'....}997..................... .
<br /> �. by �A�.�+.:..��..��........................................................................................
<br /> ' � • . (Busuese ...................................................................... fflQHtfl
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<br /> . � � My comtnission e�cplres: ./}(:. .�.. .
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<br /> • . • @ri JOS�PHR.008i10VOLtiY �. (Notary Publicl . • , ..
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