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<br /> � Z6.SUCCESSOA TRUST�. Beneficiary. � Beneftciary's option, may from dme to time muwve Tn�stee aad appoini a `. -� `'' '` '` `
<br /> _ -� - - successor uustee by an ins�t recorded in the county in which dns Deed of Tcast is recor@ed.The successor uustee. �...�°-�,•_. :�_•.,
<br /> � - withoui coaveyaace of the Prnperty. shall svcceed to all the ti@!e, power and duties oonferied upon the'�tustee by this
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<br /> � Qeed of TnLSt and apgiicabte law. � . `
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<br /> `' ' .; � Z7.NOTICE.Unlesg otheiwise tequued by law,any notice shall be givw bq delivering it or by mailing it by first class ma�7
<br /> ' , ` , � to the agpmpiiate patty's addtess on page 1 of dus Dced of'I�rust,or to aay other address destgnate�l m wnung.Notice to • .... . .
<br /> t. ; nne uustor wc�l be dermed to 6e natice to all uustoss. , _
<br /> � -�i 2$.U.C.C.PROYISIONS.If checked.the following are�pplicable to,bu[do not limit,this Deed of Tn�st: � � �`
<br /> • �"�.:s--=: --
<br /> - - � � ConstructEoa Loan.'lbis Deed of'�mst secures an obligaaon incurred for the con�truaion of an improvanent on
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<br /> -_'� . - — the Propert�+• _.�
<br /> �. `. . . ❑ FSxt�e Fq}ing.T:uswr grants to Beneficiary a security interest in aU goods that Trustor owns now or in the future ' .:. -h";..
<br /> f aud that are or wi116ecome fixtures related to the Pmperty. . , '�'�`-,
<br /> • ,�``� t 17 Crops;'Iimbe�s; Mln�al.� Rents. Issaes,and Profits.Trustor grants w Beneficiary a security interesc in all - •�- �'��
<br /> s� . : „F+��-.;...-:
<br /> . - • • �`�� . crops,timber,and�nerals lucated on the Property as well as aII rents,issnes,and pmfits of thein iaciudin�.but . . ---
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<br /> '-f . .. not limited to, all Consen+ntion Reserve Program (CRP) and Payment in I�ind (PII� PaYmenu aad sunilar -.. __�-
<br /> . . •` governmental programs(all of wluch shall also be included in the tetm Property")• :` �'`-�:�",;T�:
<br /> • ` 0 Personel P�ap Tmstor to Benefciary a secnriry interest in all personal property loc�ted on or :-`"�``-,':.=
<br /> . .. . �v eaty. grents . .. .,.- Y
<br /> . . connected with the Property. This seauity intemsc includes all farw products, inventory, equiPm�t, acoounts, � • : s:...,_
<br />" ` doasmenis, iasutnosents,cl�attel paper,genecal intaup'bles, and all other ite�ns of peisonal PI'oPertY Trastor owns - �:',`.-:::'1' �y.-�•-
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<br /> now or in the fupue aad that are used or useful in the coas�ion, ownership, operation, m�anaSement, or ,..` ` ..,. •- -
<br /> , .. � • . maintenance of the Property. The teim "personal pmperiy" specifcally excludes that pmperty descn'bed as :•�;� -=
<br /> . ,. "household gaods" secured in conneaion with a"cons�mer"loan as those te,m�s are de8ned in applicabte fefleral _
<br /> . regutations goveming unfair and deceptive credit pnctices. ,-r�.. -
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<br /> . - ❑ �iing As �mandng Statem�t. TnLStnr agrees and aclmowledges that this Deed of Tnut aLso saffices as s E -,�:-_
<br /> financing statemeat and as such, may be filed of record as a fin�cing�Af�*+�++t of purpases of Artirle 9 of tfie
<br /> Uniform w�ercial Code.A carbon,phomgraphic,image or other repmdnction of this Deed of Trust is sufFcIEnt i
<br /> . �`�,� -..-
<br /> � : as a fm�cing statement.
<br /> �:` 29.OrfHER TERMS.If checked,the following are applicable to this Deed of Trust: � �
<br /> � , ��'� ❑ L i n e o f C m.d I�'E h e S e c u re d D e b t i n c l u d e s a r e v o l v i n g l i n e o f c r e d i t p m v i s i o n.A l t h o u g h the Secared Debt m a y be __ �.
<br /> . .•, ;,_ reduced w a zero balance,this Dced of Trast will manain in effect until released. =�
<br /> �Agriculdual Prop�t}r. Truswr covenants and warrants that the Property will be used principally for agrlcultuial ='.;':. - —
<br /> Ag i
<br /> or farming PutPoses and that Tn�stor is an individual or entity allowed w own agriculUttal land as specifed by law. -��*„�T:_��
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<br /> �� .� � '; � Additional Terms. .................................................................................................................... °�
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<br /> - ' ` � DESIGNA'tION OF HOMESTTEEAU . �• •���
<br /> �� ' Pu:suant to the Farra Homestead Protecdon Act,designation of homestead�is attached to this Deed of Tcust and made a " ` :���
<br /> part hereof&�has been disclairaed;the disclaimer is attached w this Dced of Tnut aztd made a part hereof. � � �r,,,:�•
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<br /> � SIGNAT[JRES: By sigaing below, Trustor agrees to the terms and wvenants contained in this Deed of Trust and in any �. ,_-_.-
<br /> • ' auachments.Tn�stor also acknowtedges receipt of a copy of this Deed of Tmst on the date stated above on Fage 1. ,::;:,��:
<br /> : °. : . �` ..:� � 0 Actual authority was granted to the parties signing below by resoluuon sigae�aad dated.................................... • . -
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<br /> .• :' _ Entity Name:�.I(: DIB$ERI�T. .......................... Eadry Nat�:z-GIAR�,�„���,T, .......................... -
<br /> ' HUSBAi�ID P,I�ID� H[]5�Ai�ID A1�ID WIF'E� , . ,
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<br /> " . • (Signatvrt) _ Nate) 45i ti� , •��� '
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<br /> ` (Signature) (Date) (Signaare) •
<br /> ❑ Refer to the Addendum which is attached aad incorporated herein for additional Trustors, signatures and �
<br /> • � � acknowledgments. . , .
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<br /> � ACKNOWLEDGMENT: �, .
<br /> '.. ' . • •� S'I'ATE OF F�?��5�}............................ .COUN '�Y��.�tk............. } � } �
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<br /> ' � • a�.+e�► This inswment was acknowledged before me tius........5 ......day of..../.�i�!k°1!...i...l.7!X.d�.............. :.. . .
<br /> ���� . by.�.�!,..��.�..��i.��d..��.A�.W�'�. ................................ . , •. ..
<br /> � � • My commissian ' - � ' ' . .
<br /> °.� (seap .5i.',:R�lNO1AAY•Stafeo'h:crac�a ... ..... ...... .... .................. .......................... `
<br /> , � ��� JAMES E.REN��AU (Norary Public)� ' �
<br /> ' � My Comm.Exp.April4,1999 , •
<br /> .. . STATE OF....... ................ .COUNTY OF ........................}ss. � • �
<br /> .................... ........................
<br /> . This instnunent waf acknowledged before me this....................day of................................................... . . • .
<br /> ���, by ................................................................................................................................. rnaK.» .
<br />, . orinury ..................................... . _ .
<br /> n�t,�.i��� of. a+�or s���o��un� .
<br /> � a...............................................................................................on behalf of the business or enrity. _ '
<br /> �, ' My commission expires: . �
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<br /> (Seai) .......................... .. ............................
<br /> . . (Natary WAlic) '
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<br /> • r t993 Bankers Svsiams.inc.S� Ciwd.MN It 800 397�Z3411 Fo.m nG.'CO OT NE t0r30i97 Oeg�6 0l 6
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