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<br /> THIS 1�4 FAMILV RIOEH rs made ttiis 15tQ1 day of MSY . 1997 and �s incarporate� mto ared shall be � , ;•
<br /> .,, � � deemed to amend anA su�+ptement Me Mortgage.Oeed ot Trust ar 5ecurAy Oeed (the'Sewrity tnsUUment') of the same date pven by the ; _` _ _ �
<br /> ; ' � unQersigned(the 'Bovower')w secure Borrawers Note to 7'll0 Ov@�3itd NStlonal BaI16� vf Gtt3tte3 13tan� : , . .
<br /> + (the 'Lender'1 ot the same date and covenng the
<br /> Property desaibed in the Security Instrum�t and lonted at:
<br /> ` i 501 E. 8li� 210 t�f. 1 tth 9C4 Cadt9 Woad River Nebraska 6i�83 �� � • ` •.
<br /> ' 3 5 Cottomiaod & 612 6Jes� 13th IPrC�.rY N7G'e55� ` #�
<br /> � _ ° s,
<br /> - -_ � 1-4 FA1691LY COV'�COVI�►Il'S. In eddRion to the cavenants and agreements made m the Securityr Instrument. Bonawer and l�der : � - - - - --
<br /> ! lurther covenant and agree as foUows.
<br /> A. MD1710NAE PQROP�RN SUQJ�CT TO THE SECUFIRV INSTRUMENT. tn addition to the Property desrnbed in , ,
<br /> ' the Security Instrument the loflowing items asQ added to the Froperi� descripGan. and shal! also cons�hite the Property covered by the . . ` • .
<br /> � Seeurily instrument 6aildvtg materiats.appi'iances and goods of every nature whatsoever nmv or hereafter Inraied in.on. or used, or intended
<br /> . to be used m wnnecUon with the F'roperty.indudng.6u1 aot fim+ied te,lhose tor the pwposes of suppiying or�iSUributing heating coo�mg. - ..
<br /> ,� • efecfic�ty, gas, water. an and Iight, fire preven5on and extingu�shing apparatus. secunty and access wntrol apparatus. plumbmg. bath tubs. ,
<br /> water heaters. water dosets. su�ks. ranSes. steve�. refig�awrs. drshwashers. c55posals. washers. dryers. awnings. starm wmdows, stom� �.
<br /> doors.sare�s. btinds. shades. wAairts and cuRa(n rods.attached rtmtors.cabinets.paneQing and a�ached floor coveroigs now or hereafter �` �_ . ' .
<br /> attached to ffie Properiy.all af which.indudmg r�)acemenis and additions thereto,shall be degned w be and r�nain a part of the Property , , �
<br /> , ` wvered by the Security Instrument. M ot the fore�ofig togeth�with the Property desaihed in the Securiry InstrumPni (or the Ieasehold • �
<br /> � � estate it tfie Sewtity lnshvme�l is an a I�sehalcq are rdeaed to in ihis t�Famay Rider and the Seduity Inshument as ffie'Prope►tyt'. t � ;.`' :=''•'
<br /> ' ' 9. OJSE OF PROP�7Y: COMPlJANCE VtIOTH LAW. Borrower shall not seek.agree to ar make a chan9e in the use of �. ,
<br /> ' the Property or iis zoning dassifiration.unfess Lender has agreed in writing to 1he change Barrower shall comply with aU Iaws.ordmances. _ , � . �` � ;r,:,�.
<br /> . regutations and requirements ot any govemms►tat bodY ePPficabte to the Properly. `;:
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<br /> C. SUBORDINAT� UENS. Except as pmrritted by federal Faw.Borrawer sfiail not altow arry fien inferior to the Security Instrument � ' .- '
<br /> , - to 6e perteded aqauist ffie Praperty without Lendei s priar mitt�pertnission. - - -• ':
<br /> D. FIEI�bT LOSS IM�U6iANCE.eortower shalt mainTain ;nsurance against rent lou uti addition to the oth� hazards (or whicfi --- .�=
<br /> ` insurance is requtred by Unitortn Covenairt 5. ' • � -. "
<br /> � E. "�QRROtf{f�Fi'S RICiHT TO REINSTATE" DEL,ErED. Uniform Cov�airt 18 is deleted. . • '�� - "•��
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<br /> • F. �ORROWER'S OCClJPd1NiCY. Unless I.ender and Borrower othervvise acyee m writing. the first sentence in Uaifortn • r�•-a'<,:� ' :�
<br /> • Covenant 6 conceming Borrowers ocaipanry ot the Property u dPleted All remaming covenants and agreemmts set farth in UnHorm , ___ ::°�=r`"l;,s':
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<br /> Covenant 6 shal!temau�in eftect ��.`'��` ` �
<br /> I3. ASSICiN{67ENT OG LEASES. Upon Lenders request. Borrower shatl assign to Lender alt leases of the Properiy and ell ;�i ":;j,�
<br /> ` securily d�osits made in cflnnection with leases of the Property. Upon the assignmertt L.eade► sha0 have the rfght to modity. extend or ��.�.:t,}' �_-�
<br /> ' . i termmate the existing leases and to exeoute new leases. m Lender's sote discretion. As used in this para�aph O.the wocd 'Iease' shall 's�' •; . -
<br />_ � .�`x c��-�..S mean 'sublease'H lhe Securiry Insbument�s on a leasehotd �;.`�::�
<br /> . .'�l�::�y�_S . f�� :� . _
<br /> . .•.;:1.,�, H. A:a�FANMEt�P� O� F�ENTS: APPOINTMENT OF WieCENER; LENDEE� I�b [�QSSESSiOAI. eorrower absolutety ' •���;�
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<br /> ' and unconQNanaliy assi�s artd transfers to Lender ali the rents and revenues('Rents')of the Prop�ry.regardtess of to whom the Rents of . ` ?::.:;.;',�,.:
<br /> ' the Property are payabte. �ortawer authoraes Lender or 6�cd2r's aflents to codec[the Rerrts. and agtees that each tenard of the PropeAy �_�_, _.
<br /> - . sha0 pay the Rerrts to Lende�or Lenders agents. How�ca- Bortower shall receive the Rents urrtil n Lender has �irren Borrower notice of ':�;�+��`
<br /> � � , defauR pursuant to paragraph 21 of the Sewrity Instrumertt and n Lender has given notice to the tenarrt(s)that the Rents ate ta tie paid to - ;�;;;�f•:
<br /> � � � " ' Lender or Lender's agent. This ass!gmne�ri ot Rents constihttes an absolute assiqnment and not an assignment tor addiUOna!securityl anly. ' '� �;��.-�-
<br /> . - B Lender gives noUce of breach to Borrower. (� ell Rents received by Borrower shall be hetd by Bortower as trustee tar the benefit of ; ��.�`. ��'�.�4,
<br /> , Lender onty.to be app8ed to the sums sewred by the Securily lnstrumen� G�I.ender sfia0 be erAiUed to coUect and rec�re all 01 the Rents ,
<br /> = of the Properry: m Borrawez z3rees that each tenant of the Property shail pay all Rents due and unpald to Lender or Lendefs sgenis upon ;� � :�_
<br /> Lenders wtitten demand to L1e tenanx(iv)untess appficable law provides othetwise,al!Rents collected by Lender or Lenders agents sha0 be _ .. • �''�=�
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<br /> applied fitst to the costs of taWng control ot end manag(ng the PropeRy and coUeding the Rents,irtduding,but not Umited to,attomey's fees. • +;,
<br /> ` recehrers fe�, premiums on recelver's bo.ds. repafr and mamtenance costs. insurance premiums.taxes. essessmerts and other charges on . `,';'.,�-:'
<br /> .i ' • ;:�7 �� the Prope�r.l.. �ad then to the sums secure3 by the Sewrity Instrumenx (v) Lender. Lender's ageirts cr sny judlcialiy appointed receiver shaD . I.�>.r ; ;
<br /> - � • •�'.����• be fiable to�rrourrt tor onty those Rents adualy received; end (v) Lender shail be entitted to have a rr:celver appofited to tatce possession ` '" >)�
<br /> • ��.. .� ci and manage the Properry and coQeet the Rents and profits derived hom the P►operty without anq s:iowing as to the inadequeey ot the � �
<br />_= . Rvperty as security. . • '.�'-
<br /> ' H the Rertts of the F-a�erly are not suHident to eover the costs o1 tatdng control of and managing the Property and of col6ecting the � �'�•.
<br /> '}' Rents any r.�ds e�endeQ by Lender tor such purposes shail beca��e indebtedness of Borrower to Lender seeured by the Security . . .`" r:.
<br /> ` �' .� InsUument pursuant to UnRortn Covenent 7. . � . . . •
<br /> .i .,::y; Borrawer represents and wartants that Bortower has not exetuted�y prior assignmertt of the Rents and has not and wiU r,ct perfortn � .
<br /> � ' 3� any acl that wouid prever�Lender Nom exercising its dghcs under this para9raph. , . .�•
<br /> - �'. � , Lende►.or Lenders aga�"s or e judiclalty appointed rv�.er,shz0 not be requfred to enter upon,take control of or malntafi the PropeAy -�. - :s�
<br /> �v' �'i:��r before or a8er givhig noticr�d detautt to Bonower. Howeuer.!«n.v. or Lender s agents or a judicialy appointed receiver.may do so at any r� �,;.. . _
<br /> t'. �':���r�:'.� :� Ume when a defauft occurs. My appQcation o1 Rents shall not c::re cr•�reive any detault or invafid�any other dgAt or remedy ot Lender. • �'f '
<br /> � `�'`1��+:'�� This assi�r..ent o1 Rents of the PropeAy shall temilnate when a�L:e.s�.,secured by the Securily'r:»u:'nenl are paid in tuU. �..:�;4Yi��; �.•
<br /> ' ' . � I. CROSS-DEF{lULT PROV{StON. Borrower's defauri a'�'each under any note agr�mer.?in whlch Lendei has an interest #_ `'�=��'" .
<br /> � :1�ai1 be a breach under the Securtty Instrumen!and LenEr-.r nay tnvoke any of ihe r edles ed i'c�,.e tity Instrument. • � ' _ ..
<br /> �',� � BY StGNINO BELOW. Berrower accepts and agrees���.�:�e tertns and pr ' o ont ' in � s:,it, .ider. 1 • �
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<br /> � • MULTISTATE 1 d FAMILY RIOER Fanme MaeiFredd�e Mac UnAortn Instrumeot Form 3170 9�80 "
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