|
<br />88~ j
<br />
<br />103224
<br />
<br />NON-UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19, Aeceleradoa;aem....LeDder UaU. live notice to Borrower prior toaecelendOD foUowin8 Borrower'.
<br />InIcIt oIlDYCOftlWltor qreeIIleDt Intlds SecurIty IDstrument (but not prior to aeceJeratlODUDder parqrapbll 13 and 17
<br />.....appUcabIe Jaw proYldellotllenrtse),ne notice aIaIII-Pedfy:,(a) tbe default;.(b)the actiOD required to cure the
<br />defaaIt; (e) a date, DOt l_tbaD30 clap from the date the notice II Ii,ento Borrower,by.wbleb the default mllltbe cured;
<br />1Ild.(d) tIIat ~ure tOcUe,tIIe detIultOD or tieforethedlde specl8edln thencKIce IOIY....tJII aecelendon of the IUIDI
<br />IIClIftldby, tblsSecurlty' ~entlDll"'e oItbe Properiy;Tbuodce sbIIlfll.rtheriliformBorrower of the riJbt to
<br />reIDstIte after aeceleratlOll ,_the; riiltit. to! hrlD8a'CoIIJt 1Ctt00'to-Uaert the' aon..wsteace ohdefllllt or IDY other
<br />defeueolBorrower to aece1endODlDd ale. lithe defIlIIt II aotcared oil or before tbe date apecUiedln the nodce, Leader
<br />itlU!JPtIOD .... require ~ftte plJlUatln;iullofaU lUDlliecund bytblsSecurltyIDmument without furtIaer
<br />......andmayllmlkethepowerof...undlDy other remedies permttted byappllcllbleJaw. LeadersIIaU be eadtled to
<br />eolhetall,apeuesb!carredln' (IlU'IlIlDa tbe remedles provtded;1n tbisparqrapb 19" lDcJuclID& but DOt IIlIIited to,
<br />reaouble attorneys' fees aDltCOlts 01 tide evidence.;
<br />If tile powerolllle ,II Invoked, Trustee sbIIl record a notice of default In ,each COUIIty fa, wbJch any part 01 the
<br />Property illocated'lIld sbIIl....lcopiCa ollacb notIce In the lIIIUIIIer prescribed by appUcable Jaw to Borrower IIld to the
<br />other penoIII prescribed by appItcable Jaw, After the tlmerequlredby applfcable,law. Trustee sbIIllllve public DOtIce of
<br />....'to tho ~udln the IIlIIIIIeI' prescribed by .ppUcable Jaw, TI'IIItee, without demand on Borrower. sbIIl.U the
<br />Propei'Q' at publlc'iiUcifoa to the blpest bIdder at the time and place lIIIdWlller the terms deslpated In the DOtIce 0I111e fa
<br />ODe or more parcels IIld In IDY order Trutee determines. Trustee maypllltpODe"'e of all or IDYpareeI of tile Property by
<br />public lIIJlOIUIeeIDent at the time and place of IDY prevtoudy lICIIeduIeduJe. Leader or Its deslpee I'IIIY plll'Cllue the
<br />Property at uy.....
<br />Upon receIpt of pa)'IIlent of the price bid, Trustee .ba11 c1eU,er to the purcbuer Trustee" deed coa,eyiq the
<br />Property. 'lbe recitals lathe Trustee's deed .ba11 be prima fade evidence of the truth of the ltatements made therein.
<br />Trustee sbIIl apply the proceedI of the ....In tbe fol1owina order: ea) to aU upeues oftbe...e, lDcJudIq, but DOt Umtted
<br />to, Tnmee's fees. II permttted by appUcable Jaw and reuoaable attomeyl' fees; (b) to a111l11D111eCl1re11 by tbJI SecurIty
<br />I.........t; IDd (c) IDY aCIII to the penoa or penODIleplly entitled to IL
<br />ZOo Leader In 1'00000000on, Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in
<br />person, by asent 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 the Property including those palt due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the COlts of management of the Property and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and sha11surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persona
<br />1ep1ly entitled to it. Such person or persons shall pay any recordation COlts.
<br />n. Sullldt1lte TrUItee. 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 Instrument is recorded.
<br />Without conveyance of the Property, the succeuor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable la..
<br />a R..-est for NoticIa. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address wbich is the Property Address.
<br />24. RWIn to tills s..rItJ r.tn.enL If one or more riden are eJlecUted by Borrower and recorded topther with
<br />this Security Ins1nUllent, the COYeIWlts and qreements of each such ridtr IhaU be incorporated into and aIWl ammd IDd
<br />suppJcmcnt the covenantl and qreements of this Security Instrument u if the rider(s) were: a part of this Security
<br />Instrument. [Check app1icable boJt(es))
<br />o Adjllltable Rate Rider 0 Condominium Rider 0 2.... Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />[) Otber(s) [specify) Acknowledgment
<br />BY SlONING BELOW, Borrower accepts and qrees to the_}I1\IRS and covenants contained in lhis Security
<br />
<br />'=:.~.:'.=':=::=::l;',,".L~,..~
<br />
<br />
<br />,~tr.""'.s,.~~..".".........(SaJ)
<br />Marilyn S. Arnold ~
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />County 55:
<br />
<br />On this 13th day of June ,19 88 . before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said counly, personally came Dav id L. Arnold and
<br />Marilyn 5. Arnold. Husband and Wife ,10 me known to be the
<br />identic:al person(s) w~ose name(s) are subscribtd to the foregoing inslrument and acknowledgtd the execution
<br />thereof to be the~r voluntary ael and deed.
<br />Witness my hand and notarial seal al Grand Island. Nebraska in said counly. the
<br />date aforesaid.
<br />
<br />M Commwlonexplres:
<br />
<br />J::---......
<br />o.a.. ue.
<br />. ., IIIaa .. ... . ,.
<br />
<br />To TRUSTEE:
<br />The undenilncd is the holder of the nott or noles secured by Ihi, Deed of Trusl. Said nOlI.' or nllle,. loselher
<br />with all other indebttdneu secured by Ihls Deed of Trust. have been paid in full, YOII arc hereby direclcd 10 .:alKcl ,aid
<br />note or nOles and Ihis Deed of Trusl. which arc delivered hereby, and 10 reconvell. wilhom warrall1Y. alllhe e\lalc
<br />now held by you under lhis Deed or Trllsl 10 the person or peno", le.ally enlllled therelo,
<br />
<br />~1J-,~
<br />
<br />.........................................................
<br />Notlry Public
<br />REQUEST FOR RECONVEYANCE
<br />
<br />Date:
<br />
|