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�0 ' . . . . r.. <br /> 200000459 <br /> If the power of sale is invoked, Trustee shall record a notice of def'ault in each county in which any part of the Property is <br /> located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons <br /> prescribed by appl�cable Iaw. After the time required by applicable Iaw, Trustee shall give public notice of saJe to the persons <br /> and in the manner prescribed by applicable law. Trustee, without demand on Borrower,shall sell the Property at public auction <br /> to the ttighest bidder at the time and place and under the terms designated in the notice of sale in one or rt�ore parcels and in any <br /> order Trustee determines. Trustee may postpone sale of ell or any parcel of the Property by pu6lic announcement at the time <br /> and place of any previously scheduled sale.Lender or its designee may purcha$e the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The <br /> recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee sha11 apply the <br /> proceeds of the sale in the following order: (a)to all costs and expenses of exercising the power of sale, and the sale, including <br /> the payment of the Trustee's fees actually incurred, not to eacceed the greater of$........�:�................... or ..:!!?,OF 1,,,,,,,,,o�o <br /> of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by law; <br /> (b)to all sums secured by this Security Instrument;and(c)any excess to the person or persons legally entitled to it. <br /> 22. Rcconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey <br /> the Property and shall surrender this Securiry Instrument and all notes evidencing debt secured by this Security Instrument to <br /> Trustee. Trustee shall reconvey the Property without wananty and without charge to the person or persons legally entided to <br /> it Such person or persons shall pay any recordation costs. <br /> 23. Substitute Trustee. Lender, at its option,may from time to time remove Trustee and appoint a successor trustee to any <br /> Trustee appointed hereunder by an instrument recorded in the county in which this Securiry Instrument is recorded. Without <br /> conveyance of the Property,the successor trustee shall succeed to all the title,power and duties conferred upon Trustee herein <br /> and by applicable law. <br /> 24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br /> which is the Property Address. <br /> 25. Riders to this SeCurity Instrument. If one or more riders are executed by Borrower and recorded together with this <br /> Securiry Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br /> supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. <br /> [Check applicable box(es)] <br /> X� Adjustable Rate Rider � Condominium Rider � 1-4 Family Rider <br /> ❑ Graduated Payment Rider � Planned Unit Development Rider � Biweekly Payment Rider <br /> ❑ Balloon Rider � Rate [mprovement Rider � Second Home Rider <br /> X� Prepayment Rider <br /> � Other(s)[specify] <br /> BY SIGNING BELOW, Bonower accepts and agrees to the terms and covenants contained in this Security Instrument and in <br /> any rider(s)executed by Borrower and recorded with it. <br /> Witnesses: <br /> , ��i�g� - orsrower <br /> �� � � � � �(// <br /> ��fJ� (Seal) <br /> - orrower <br /> STATE OF NEBRASKA <br /> COUNTY OF HALL <br /> The Fo going instrumEnt was acknoledged before me this 7 <br /> day of , '�5 by Robin Arnold and Marilyn G. Arnold, <br /> husband and wife <br /> ���������� <br /> GENERAI NOTARY-State of Q,a'��aska NOTARY PUBLI C <br /> CURIE R.MINCER <br /> ��+�My Con,m.E.zp.May 25,20C?� <br /> .- - -------�--� - My commission Expires <br /> ] <br /> Single Family—FNAAA/FHLMC UNIFORM INSTRUMENT FORM 3028 OB/90 (Page 6 of 6 Pages) <br /> NEBRASKA EC927L Rev. 10/09/97 <br />