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ICANTINUATION OF RENEWABLE RATE MORTGAOEI E NO!!•UNtFMM COVFIIANTS. laprorer arrd LxNrOV fixiher coYSrunl arq agree as foli«rs: t•1. AOpMfiBark Ralaarllas. Eztept setupWlo in ptlagrapn i7tNrlof. uppn 9prOwaYE brtaCndarfy COVWnf«ipraertMntd BOROwpin tltif WMgaps, i irrcludirg the CdvMenis l0 pay wllerr qua arty Sums aecureo by Nis MOrtpage. LaiOC pr~« (o acceleration stlsl! mail rlotiCe t0 Borrower ai pigvidad in { paragraph 11 oared speCdyr:tq: (1) Ina brBHCh;121 meactwn fegpired t0 <w! EYCh bleach: (3j a date. tai less man ;-0days trGT. ine dateliM rrdrCefa mallatl 10 SWr01 tlf, by wlliCn Su4n oreach muff DICUlBtl; arW 1~i that fiilwe [O Cw! LK1, Welch On « belOre IM Wi! EpaCffMq in the nOtiGe may result In aCOeltalget d N1s soma secwetl by this fa«tgape, tgreelwure by lU~cial progse0lnp arrtl sale d the Propy(y. Tire rrdice shag lu,ther inlOrrer Bonga'e! d ilia rigor tq { - reirriNlta akp apcaMrffiion arblrrp rpMtO assert in the lanecl6aureprocesdng thatlgrre2iSterrf<dadalawi«airy ollter delensed RorrOwartoaECaWa}ipn i~ and Iaecigawe. if the breach rs rrot twee on «be/«e the date sPetlfie0 in itre.rwnce. tarwer at EandaYS option may tleelare ail d ins soma seetPadby iltia fAOrtape to tb imm.eiately Wra acrd Payable wdhmlf 11rAhar drtmarrtl area may f«eciOSp by ludClai procrletlinp, tsrmw slWi be eml4lm tq Mleact M well pro aeding aB eaPerrstl of IOreClOaure. inpgtlfnp, but not limited to, torte of dgcuntentay eviderrce, abairacl6 11r1d INie rOtlOxb. to Oanoarars NlgtN ro Rakrlaee. Nohvnnstanding Lentler•s acceleratbrr a the awns secleetl W tWS Mrx[gage. Ebrrgwe, matt have tha,Ilyd to nave spy proceedinpa begun by 11nMM to enforce tbls Mpiigipe diStOntinlal0 at any time pn« to entry of a IrrdgTent rmtorcing ihi! Martgape ft. la1 Bprorer PaYa Lender all sums 1Miph could be then 9118 uMer Ihra mlfRgaga, tits Nda and odes secunrlg Fuiwe A«arrces, of any. Itad n0 sccslerHion ocCUfratl:lai Bortower cures ail Weachesd arty omer covenants oragreementa of BOrtOYNN Contained in this MOngage;lclS«rower pays ah reasonable expenses ineuneQDy l.eeldse m enbrUrg the COYenania arq agraemenla of eonorer contairrsd in Lnis Mortgage sent in enf«antl Leritler's rrtrnemes ss proYitlad in parapraprt 181rerepf, lo- ctudinp, but nd limped to. rsasonabe allomey'a fees; and 10) Borrower takes auto action as t.erl0er may reaeonaWy require toasaure thattM Ibn of tfdaM«- tgape. LarMer's interest in tin Woperty arW eonower's rr0ligalbn to pay tM sums sncuretl oY mia M«tpapa stud cordirare lbumpaireri Utnn sued Wynlerit and sure by. eWrower, [ma Mortgage ant the odigaiions secured hereby snail remain in f WI fpKe ant effad as i/ rro acceNgtgn he6 ocaslM. 1Q Aaaipuerrt d Rarrla: Appolntmsnt d RacNtar•, LaraNr in Poansslon. As atldliional Security Irereuntler, BOryro~NBf ~11~8[eoy assigns tO l.emlerUle came d iM Property, proridetl that BOr1olYef shall, prior f08GCelerahOn under paragraph 18 oared W abantlOnment qi the PropMy, have AM right to cOlleet acid lelakl aYflF ceteris ae t11eY 6iKOrrre due and paYabb. Uporr accatNaUgn under parig,ePn 18 neceot «abarMOnment Of the Pfoperty. i.entler, in person, by agent «by Judicially appointed receive!, !lull Deemill- e0 toentarupon, take possessbn of arw manage the P+OPerty arw to collect Ina rents o! the Property, irrcllWbrp Inose past due. All rents fAliectMt by Lettder« tits escaper ahNl be applied Nest to payment Ot the 1:osts of manaliamsnt of the Property acrd cdkction d rents, inclutlirp, but not 1lmitrKf t0. tegetver's ten, pemfums pn receiver's bOntlS antl reasonable attorney s lees, and then lO tits sums Secured Oy this MORga~. tender and ttr6 recalver shall be thde t0 ac. taunt only /or ttroas rents actually received. 2'!. Fwura AtlYanpaa. Upon requeaf of Borrower. LerWer, at Lengar's oPtign Prior to release of this Mortgage, may make FufuceAdvancea to Borroaer. Such Future Aayanaea, with miscast [hereon, shall be securotl Dy Ibia'~Mortpage When evidenced by prdnissOry rrples etHtlng Thal SeiC odes are SeCUretl fMreby. A[ n0llme shill [he princlllal amount qi the mdebfedness secured by this Mortgage. rw? Including sums advanced in flCCWdante herewith to tNdeCt the security q! ihi6 Mgrtgage~, eaCBed the prlginal dmOOni Of Ene Note Plua t/55 32 Release. Upon paymed d all sums secured !>y Ihia Mortgage, Lender shall discharge Ihi6 Mortgage wrthouf charge 10 B«rower. Borrower snail pay ail spats of recordation, it any. fN WITNESS WHEREOF, BORROWER ties exaoutlld tots Mortgage. ~~//S/S/ J/~j J ;{~. J(J///~? %~~17LS+/ /~~~ `I.I~A~~1~~1Y K G. ARNOLD eonq..r ~~~ p~ ~u eppae.r NANILA ARNOLD I STATE OF NEBRASKA. ADAMS County ss: I ~,~ Of. 11tis ~~~ day Of g~TGL Q 59a a [e Ih n a N lary u0hc duly mmissioned and quaiineq for seta County. l pers«rauy coma JE~G~.A L R a nl`~eA t4.~ ~'Etusgan~ and vt~e, and to me known to l1e the dent,ca persoMsT wtioge'hamets~ $~~~sc~g~R loregoing ~ns[rument and ackowradgeq 1ne execution ;hereof 1o be their wluntary act antl geed. I w;tnsas my nand ana notarial seal at HASTINGS ~n sam county. me date at«eaaid. ~--~ My Comm~ss~on exp+ees: ~ - , _ ~ N«ary ~k I !`gtAai-u.na fo r~rR~EwdNwy P3~. f9s. ~~ M IBtulea Below TNa L3a RewrvW F« laedwae0 Recorded ~'..+ aV ~'' ~ ~ ~ Cs x~.a rpQ Ga r y - ® ~ I n n necurOSO mrlum 10 AMERICAN C,NART{R {{piRAL SaYIN4S 6 IAAx Ass'N. box 3)d seatrlcv. Mrbrealu 6a)lg