0
<br />:_. 4792
<br />NON-UNIFORM COVENAtM. Borrowat pid Lendiin tether covenant and agree as follows:
<br />19. Aeceleratioa; RemedhL Leader shall. gfvq. hiitice to Borrower prior to acceleration tollowiea Borrower's
<br />breach of any covenant or ag ees sent In this SetcurSt r bt istetrt (but not prior to acceleration under pwagrsphs 13 and 17
<br />)glens applicable law provides otberwibe). 'alt specify: (a) the default; (b) this action required to core the
<br />default; (c) a date, not lean than 30 days !root the dritr# t notice is given to Borrower, by which the default muse be cares;
<br />anti (ID that falilare to ears the default on or bi fam ft'tde speeiied is the notice my result in accelltration of the twos
<br />secured by this Security Instrument and ask of thk T rtll ,rV. The notice shall further inform Borrower of the right to
<br />reinstate after ated"lon sad the riot ftbtfaa ff a Conn- *Won to assert the noartxtsteaee of s default or nay other
<br />defense of Harrower to acceleration and :tiiia'..ia? thin ill igitti<ts"f ro 11fie red on or before the date specified is the notice, Leader
<br />at its eptiet runny require fUlti_otalttsim secured by this Security Iaatrumest without farther
<br />demaad and may Invoke the power ofa dtia id atfy:A1 r3ehedies permitted by applicable law. Leader shall be entitled to
<br />col kst all "Penn inroad in pursuing- then, -O mi'tfts provided in " paraosph 19, iacltidin� but not limited to,
<br />ettaauabk attorneys' %es and oasts of title *14006. .
<br />It the power of sale is invoiced, ustee : record a notice of default to eadr county is wMeh nay plot of the.
<br />kvoperty is located ad shall mail copies of sorb notice in the manner prescribed by applieable law to Borrower sad to the
<br />other persons prescribed by applic" low. After the time required by applicable law, Trustee shall Ove public notice of
<br />111ale to the persons and in the maenec ed.Ify Applicable law. Trustee, without demand on Borrower, dhall sell the
<br />property
<br />at pa n 'thhibstab e bidder atttle time and place sad under the terms designated In the notice of sale in
<br />mr seem preels and in ant order Try deterufnes. Trustee pray postptme sale of all or any perad of the Property by
<br />o tantt?nit ent at the time and place of any previously scheduled sale. Lender ar its desipee mW weclsse the
<br />l'rrapertyr many sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchssw Trustee's; deed eonveying the
<br />Property. The recitals to the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />11rustee shall apply the proceeds of the sale In the following order: (a) to an expenses of t1w sale, tncludtng, but not limited
<br />to, Trustee's fees as permitted by apoi;Cabte law sad reasonable attorneys' fees; (bl to all stars secured by this Security
<br />Instrument; and (c) any excess to the won or persons legally entitled to it. .
<br />20. Leader In Possession. Up►:p acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to collect the rents of tT=. Property including those past due. Any rents collected by 1.4 4er or the receiver
<br />shall be apf 11,6 l first to payment of 01n: costs of management of the Property and collection of real w,includirzg, tint not
<br />limited to. .c6l ver's fees, premiums ±x'.�axeivees bonds and amwaable attorneys' fees, and thert bvg'�•sums imu-M by
<br />this Security Instrument. "
<br />21. Reconveyance. Upon paymerc of a.: s-us;ts secured by this Security Instrument, Lender slti�;l'request Trustee to
<br />reconvey the Property and shall surreaderthis Sel=4y instrument and all notes evidencing debt secl:red by this Security
<br />Instrument to Trustee. Trustee shalt r6mvcy the Property without warranty and without charge to the person or persons
<br />�t • legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Immix. is recorded.
<br />Without Conveyance of the Property, the successor trustee shall succeed to all the title, power a, ^.d&7 ies conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copt'IPS of the notices of default and s4zbc sent to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security Instrument. if one or more riders are executed by Borrower and mw, irded together with
<br />ti'23' Security instrument, the covenants and agreements of each such rider shall be incorp.:rated iti6 mild shall amend and
<br />supplement the covenants and agreements of this Security t arument as if the ridt:;(41 were a part of this Security
<br />Instrument. (Check applicable box(es)]
<br />❑ Adjustable Rate Rider (❑ Condominimii bider [] Z-4 Family Rider _
<br />(] i3iaduatcd Payment Rider [] Planned Unit: Development Rider
<br />❑ �Gfher(s) [specify]
<br />BY SiGNING BELOW, Borrower accepts and agrees to the terms and covenants t ontained'in this Security
<br />instrument and in any rider(s) executed by Borrower and recorded with it
<br />......................................................... ............................... ... Seal
<br />.. .......... .... .................
<br />Sort B., Arnold — swrower
<br />ciF,f t.- a... �:� (Seal)
<br />......................................................... ............................... ........her ...!.. Ar6 ai .......... .. .................,....•_..( real)
<br />STATE OF NEBRASKA, Hall County s5:
<br />On this 7th day of September .19 89. before rife. the undersigned. a Nunary Public
<br />duly commissioned and qualified for said county. pervittally came Scott B. Arnold and Sheri L. Arnold,
<br />each in his and her own right, and as spouse of each other , to file knom) ar he sat,• —,-
<br />identical persons) whoa: name441 are %ubwribed to the foregoing imifumcm and acknowledged tile• ckcr_ulun►
<br />thereof to be their voluntary acv and decd. ;
<br />Wimccs my hand and notatrat scat at Grant? slaty , Nebraska 't111111%, the
<br />date aforesaid.
<br />My Commission cxpire4: o V
<br />ftflalnia VrA
<br />AN11411150a Y R1 tlttl S I (III R t fM "'% i AN 1 7. h
<br />.i.gm. fllyf�■r.tM>itlt>f.1lM
<br />the t:uderrigned i. rill• holden (it tltc runt_ rut twit'- •.k0lt 1 ilt thr. 11ced Im.1
<br />watt all whet tndeNcdttciA wolrcd ht thr-. Ikcil. rut 1 s ci.t, t1,t• I'LL tr 1's+d W i,sli lr . • r :. _,: - r : •f,, t. ,! r ;r : i • r•,i
<br />nave sr► ttui:et, sl,ld dw. M-cci 411 11 1:'I' .clri, ft .tr::;ivk. ^r d ! r h... :i:r1 - ti• r u'. • ..II :i ,
<br />rirrl4 Invid tw 'r %Vt llll,t(`, !111 • it;., CI ,rt ttU' :•, tl,l (rr.":, , , t•tr ..,,. .:c'tlr, �•. ! •s,.
<br />I ➢.etc°
<br />
|