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201107958
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201107958
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Last modified
10/25/2011 12:36:26 PM
Creation date
10/25/2011 12:36:25 PM
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DEEDS
Inst Number
201107958
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� �,, ; ��� � .� <br />- � � �:� � u . � � �: � <br />2�1107y5� <br />27. tU01`ICE. Unless atherwise required by lav,r, any notice sha{t be given by delivering it o�r by mailing it by first <br />class rs�ai{ tca ths appropriate party`s address on page 1 caf ihis Desd of Trust, ar to aa�y ofih�r �ddress <br />d�signated in writing. Natice ta ane trustor �srili be d�emed to be natice La ali trustars. 7rustor and <br />��nefi�iary hereka� request a copy of any notice of def�u(t, and a c�py �f �r�y natice t�# sale th�reu�der, bs <br />mail�d to �ach partY at the addr�ss for such parxy set farth an pac�e 1 c�f tl�is D�ed c�f Trust. <br />2�. U.C.C. PRQt+'ISIC}NS. If ch��ked. 2he f�flawing are appiiGabl� ta, but dc� not iimit, thas C3eed t�f Trust: <br />� Construction Loan. This [}e�d of Trust secu�es an oblig�ation incurr�c� fr�r the c�nsiructior� of an <br />ienprovemerrt on th� Proper�y. <br />C� Fixtuee �iling. Trustor gr�nts to �en�Ficiary a s�curity ir�terest in �11 goads that Trustvr owns n�w or <br />in th� future and that are or vviE! become fixtu�es rei�ted to the Properiy. <br />Cl Crops: Timberp Min+e€als; Rents. Issues and Rrofits. Trustar grants ta Ben�ficiar� a��curity in2erest in <br />�II crops, timbee and minsrals located csn th� Prop�rty �s weil as all rsnts, issues and profits of th�rra <br />inc�udfng, but not Grnited to. �tt Canservat�on R�serve Pr�gram tCRP} �nd Payment in Kia�d #PIK? <br />p�ymenis �nd �imii�r go��rnm�ntal programs {�II +�� which shat( aiso be incfuded in ths term <br />,. Property"�. <br />?�: Persanal Property. Trustor grants t� ��ne�iciary a se��arity interest in ail ��r�or�ai property Iocated or� <br />ar connected with the Praperty. �"his security int�rest includ�s aii farr� products. inventory, <br />equi�raler�t, acc�ur�ts, dacur��nts, instruments. �h�ttei paper g�:n�ral intar�gibles, and �ti ath�r it�ms <br />r�f pers�n�l prop�rty Trtast�r �wns now csr in th� future and that �re used or us�fu� ►n the <br />consiructiar�, ow+rnership, operation, man�gement, or rnaint�nance oF the Prop�rty. The t�rm <br />"persanai prop�riy sp�cifically excludes that property d�scribed as "hca�sehotd �oods°' s�cur�d in <br />connection vuit� a"consum�r" io�n as thcase terms ar� d�firaed in applicable federal r�g�a(�tions <br />gav�rning ur�fair a�d deceptive credit practices, <br />l� Filir�g As Financing Statement. Trustor �gre�� and acknowledges that thos Deed ofi Trust a4so suffices <br />as a fin�nc��sg stat�ment and as su�h. rnay bs fii6ed of reccard a� a fina�cing statement of pusposes �� <br />Article 9 caf the Unif�rm Commerciai Cade. A carbc�n� ph�tographic, imag� or ather �epraductian of <br />this Deed of Trust is sufficient as a financing stat�m�ni. <br />29. O'THER TERMS. if check�d. the following are ��ptic�ble ta this D�:ed �f i`rust: <br />C�' Line of �redit. Th� Secured t}�bt includ�s a revolving lin� ofi credit pravision. Alth�crgh the Secur�d <br />Debt m�y be reduced io a zero batance, this t7�ed �f T'rust vsriii �emain in effect until re6eas�d. <br />C� Agricuttueal Property. Trusior covenants and vsrarr�nts tF�at th� P�aperey wiq be used principalty far <br />agricultural or farming purposes �nd th�t Trustor is an individual at entity aitosr�ed f� own agricultural <br />land as spscified by l�w. <br />(� Separ�te Assignment. The Trustar has ��ecuted or er�ill execute a separate �ssignment at E��ses and <br />rents. tf the separ�te ass�gnment �f l�ase� and rents is prope�ty escecu�ed and r�carded, ther� the <br />sep�r�te �ssignment will supersede this >�curity Insirument's °'Assignm�nt of �e�ses and Rents" <br />s�ctic�n, <br />��? Addittonal Tsrms, <br />S�suoiEYtnatrusnent�Comm�rctstiA�r'teutcvra4-P3E AC3C�•RE51•ti� 1iY12Q19 <br />1fktP��? 8ankors 5ystema��! Vfl�6��G5�5;R3E} { t 14T3<i30 <br />4�'OHees �Ci�twa� Fan�nGiBt S�rv��� �t 9��. 2�019 P�ge ��i t S7 <br />�-� � �-� <br />
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