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� P Y . . <br />• � � - <br />� <br />�0110901G <br />27. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first <br />class tnail to the appropriate party's address on page 1 of this Deed of Trust, or to any other address <br />designated in writing. �lotice to one trustor will be deemed to be notice to ali trustors. Trustor and <br />Beneficiary hereby request a copy of any notice of default, and a copy of any notice of sale thereunder, be <br />mailed to each party at the address for such party set forth on page 1 of this Deed of Trust. <br />28. U.C.C. PROdISIONS. If checked, the fotlowing are applicable to, but do not limit, thts Deed af Trust: <br />O Construction Loan. This Deed of Trust secures an obligation incurred for the construction of an <br />improvement on the Property. <br />[� Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns now or <br />in the future and that are or will become fixtures related to the Property. <br />O Crops; Timber; Minerals; Rents, Is.sues and Profits. Trustor grants to Beneficiary a security interest in <br />all crops, timber and minerals Iocated on the Property as wsll as all rents, issues and profits of them <br />including, but not iimited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) <br />payments and similar governmental programs (all of which shall also be included in the term <br />"Property" 1. <br />❑ Personal Proprerty. Trustor grant� to Beneficiary a security interest ir� all p�rsonal property located on <br />or connected with the Property. This security interest includes all farm products, inventory, <br />equipment, accounts, documents, instruments, chattel paper, general intangibles, and all other items <br />of personal property Trustor owns now or in the future end that are used or useful in the <br />construcfion, ownership, operation, management, or maintenance of the Property. The term <br />"personal property" specifically excludes that property described as "household goods" secured in <br />connection with a"consumer" loan as those terms are defined in applicable federal regufations <br />governing unfair and deceptive credit prsctices. .,�,__�,.�,�.,�„�,,,.�,,,�> <br />�. a��"i0:�'>i`.":.'S?s'��'���"7'd�l$..1�d <br />❑ Filing As Financing Statement. Trustor agrees and �ckno��,d�e����yt is ee of ust also suffices <br />as a financin statement and as such, ma be filed' a�cc�Eda� ��c t of purposes of <br />Article 9 of the Un'rform Commercial Code, A car �, '"��, or - o reproduction of <br />this Deed of Trust is sufficient as a financing statement. <br />�9. 0'Tt���i TERMS. If checked, the following are applicable to this Deed of Trust: <br />CJ Une of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured <br />Dabt may be 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 <br />agricultural or farming purposes and that Trustor is an individual or entity allowed to agricultural <br />land as speci#isd by law. ��-�� r t°-�-� ° y —"'"" ��� <br />; , , ., ^ a, . . . Ye='!�,'�'t �>+ � .,;t <br />❑ Se arate Assi ment. The Trustor has executed or will xecu�e � s�pa ��'� o leases and <br />P 9n <br />rents. If the separate assignmeeat of leases and rents s;���'� `� �d�fieaor d, then the <br />separate assignment will supersede this Security Instrument's "Assignment of Leases and Rents" <br />section. <br />O Additional Terms, <br />Securltylnstymerrt-CommerciaVAgdcultural-NE AGCO-RESI-NE 7/1/2011 <br />VMP� BanksreSystemsT� VMP-C696(N� (11071.00 <br />VVokera Kluwer Flnanolal3ervicea �1993, 2011 page 8 of 70 <br />