BECKSTED FARM CORPORATION

The following described property, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located: Farm Products. All farm products including, but not limited to, all poultry and livestock and their young, along with their products, produce and replacements; all crops, annual or perennial, and all products of the crops; and all feed, seed, fertilizer, medicines, and other supplies used or produced in farming operations. Accounts & Other Rights to Payment: All rights to payment, whether or not earned by performance, including but not limited to payment for property or services sold, leased, rented, licensed or assigned. This includes any rights & interests (including all liens) which Debtor may have by law or agreement against any account debtor or obligor of Debtor; Inventory: All inventory held for ultimate sale or lease, or which has been or will be supplied under contracts of service, or which are raw materials, work in process, or
materials used or consumed in Debtor's business; Equipment: All equipment including, but not limited to, machinery, vehicles, furniture, fixtures, manufacturing equipment, farm machinery & equipment, shop equipment, office & record keeping equipment, parts & tools. The Property includes any equipment described in a list or schedule Debtor gives to Secured Party but such a list is not necessary to create a valid security interest in all of Debtor's equipment; Instruments & Chattel Paper: All instruments, including negotiable instruments & promissory notes & any other writings or records that evidence the right to payment of a monetary obligation; tangible & electronic chattel paper; General Intangibles: All general intangibles including but not limited to tax refunds, patents & applications for patents, copyrights, trademarks, trade secrets, goodwill, trade names, customer lists, permits & franchises, payment intangibles, computer programs & all supporting information provided
in connection with a transaction relating to computer programs & the right to use Debtor's name. Documents: All documents of title including but not limited to bills of lading, dock warrants & receipts; warehouse receipts; Government Payments & Programs: All payments, accounts, general intangibles & benefits including but not limited to payments in kind, deficiency payments, letters of entitlement, warehouse receipts, storage payments, emergency assistance & diversion payments, production flexibility contracts, conservation reserve payments under any preexisting, current, or future federal or state government program; Investment Property: All investment property including but not limited to certificated securities, uncertificated securities, securities entitlements, securities
accounts, commodity contracts, commodity accounts, & financial assets; Deposit Accounts: All deposit accounts including, but not limited to, demand, time, savings, passbook & similar accounts. In addition, the following, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located: All attachments, accessories, repairs, replacements, and accessions to any of the property described herein, whether added now or later. All products and produce of any of the property described herein. All accounts, general intangibles, instruments, rents, monies, payments, and all other rights arising out of a sale, lease, consignment or other disposition
of any of the property described herein. All proceeds (including insurance proceeds) from the sale, destruction, loss, or other disposition of any of the property described herein, and sums due from a third party who has damaged or destroyed the property or from that party's insurer, whether due to judgment, settlement or other process. All records and data relating to any of the property described herein, whether in the form of a writing, photograph, microfilm, microfiche, or electronic media, together with all of grantor's right title, and interest in and to all computer software required to utilize, create, maintain, and process any such records or data on electronic media.

ALL DEBTOR'S PRESENT AND FUTURE ACCOUNTS AND THE DIRECT AND INDIRECT PROCEEDS THEREOF. NOTICE PURSUANT TO AN AGREEMENT BETWEEN DEBTOR AND SECURED PARTY, DEBTOR HAS AGREED NOT TO FURTHER ENCUMBER THE COLLATERAL DESCRIBED HEREIN. THE FURTHER ENCUMBERING OF WHICH MAY CONSTITUTE THE TORTIOUS INTERFERENCE WITH THE SECURED PART'S RIGHT BY SUCH ENCUMBRANCES IN THE EVENT THAT ANY ENTITY IS GRANTED A SECURITY INTEREST IN DEBTOR'S ACCOUNTS, CHATTEL PAPER OR GENERAL INTANGIBLES CONTRARY TO THE ABOVE, THE SECURED PARTY ASSERTS A CLAIM TO ANY PROCEEDS THEREOF RECEIVED BY SUCH ENTITY.

The following described property, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located: Farm Products. All farm products including, but not limited to, all poultry and livestock and their young, along with their products, produce and replacements; all crops, annual or perennial, and all products of the crops; and all feed, seed, fertilizer, medicines, and other supplies used or produced in farming operations. Accounts & Other Rights to Payment: All rights to payment, whether or not earned by performance, including but not limited to payment for property or services sold, leased, rented, licensed or assigned. This includes any rights & interests (including all liens) which Debtor may have by law or agreement against any account debtor or obligor of Debtor; Inventory: All inventory held for ultimate sale or lease, or which has been or will be supplied under contracts of service, or which are raw materials, work in process, or materials used or consumed in Debtor's business; Equipment: All equipment including, but not limited to, machinery, vehicles, furniture, fixtures, manufacturing equipment, farm machinery & equipment, shop equipment, office & record keeping equipment, parts & tools. The Property includes any equipment described in a list or schedule Debtor gives to Secured Party but such a list is not necessary to create a valid security interest in all of Debtor's equipment; Instruments & Chattel Paper: All instruments, including negotiable instruments & promissory notes & any other writings or records that evidence the right to payment of a monetary obligation; tangible & electronic chattel paper; General Intangibles: All general intangibles including but not limited to tax refunds, patents & applications for patents, copyrights, trademarks, trade secrets, goodwill, trade names, customer lists, permits & franchises, payment intangibles, computer programs & all supporting information provided in connection with a transaction relating to computer programs & the r

Purchase Money Security Interest in Valley 7 Spans 160'x6 5/8" Pipe Sprinkler System, Serial Number 2114199

All assets, wherever located, now owned or hereafter acquired.

Secured Party has purchased certain "Receipts" from Debtor. "Receipts" means payments received by Debtor, or its right to receive such payments, whether received in cash, check, electronic transfer, or other form of monetary payment and includes all payments made by a credit card, debit card, bank card, charge card.        "Receipts" includes accounts and payment intangibles as defined under the Uniform Commercial Code.        Debtor and Secured Party intend that the sale of Receipts is a sale and not an assignment for security.        Notice: Pursuant to the agreement between Debtor and Secured Party, Debtor is prohibited from further encumbering the Receipts. In the event that any entity is granted a security interest in Debtor's Receipts contrary to the above, the Secured Party asserts a claim to any proceeds thereof received by such entity.

All accounts, accounts receivables, and deposit accounts now existing or hereafter acquired or arising, together with all accessions and proceeds related thereto.

JOHN DEERE 455 455 FOLDING DRILL S/N: 745362;together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.