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<br /> � � 1-4 FAMILY RIDER ��:4
<br /> . (Assignmsnt of Rent�) 97"" 1(�s`�3 �_.�
<br /> 97_,and Is Incorpor�nted Intp and shell be
<br /> THIS 1-4 FAMILY RIDER Is made thls 1s�, day ot .�l�Sl.4_l�... �-�- "
<br /> deemed to amend end supplem�nt lhe Morty+go. Deed o1 Trunt or 9ecudry Oeed (the "Secudly In�t�ument') 01 th� e,nmP date g!ve�i by
<br /> the underslgned(the'Borrower') to secure Hortowab Note So Th�OV�tland N�tlanal e�nk ad Crand I�l�mc�_�the "Le��der')
<br /> ot the sume dato and covering the Properry descrfbed In the 3ecurlty Instmment md located �t�
<br /> 1p5 E. 5th Stn�t Wood Rlv�r N�bnsk�6_ABB3 ._ �
<br /> . . - �F�r�u��nr,�a.:r,._j
<br /> •�• 1-4 FAMILY COVENANI'S. In�ddillon to the covenants �nd agreementx mxde In the 9ecuriry Instrument. Bonawer anti lender �
<br /> futiher covenant and agree as tollows: �.;.
<br /> � A. ADOITIONAL PROPERTY SUBJECT TO THE SECURITY II�lQTRUM�NT, In eddlllon to the Property describad '.
<br /> 5•� ^'"'°''�` In the Securiy Instrument, the tollowing Items ere added to ihe Property desc�ptlon,and ah,all elso consUwle the Praperty covered by the -5-'-�
<br /> Secudry Instrument: building materials, eppliances end goods o1 every nature whatsoever now ar herentter located In, on. or used, or __
<br /> Intended to be used In cannection wlth the Property. Includin�, but not Ilmited to. those for the purposes ot su�pyl�g or distdbutinp --
<br /> heating, cooling, electricily. gas. water, a(r and Ilght, firo prevention end extingufahing epparalus. securily end access conVal nRPeratus, �
<br /> plumbing, bath tubs,water heaters, water closets, sinks, ranges, sloves,relrigerators, dlshwashers, disposnls. washere•. dryers, awnings.
<br /> stortn windows,storm doors. screens, blinds, shades, curtains and curtain rods, attached rnirtore,cabinets, panelliny and atWcched floor
<br /> ;� coverings now or heroafter ettached to the Property. all of which, Inciuding replacements and addtions thtreto. shall hc deemed to be
<br /> G� end remain a part o1 the Properly covered by the Secudty Instrument. All 01 the toregoing togelher with the Praperry dertcribed in the �
<br /> �' Security Instrument(or the leasehold estate M the Security InsVument is on a Ieasehoid) are referred to in thia 1•4 Family Rider end the —
<br /> Securtry Instrument as the'Property".
<br /> � B. USE OF PROPERTY; COMPUANCE WITH LAW. Bor►awer shall not sedc, egee to or make a chango In the use o� __
<br /> the Property or its zonktg classification, unless Lender h�s ugreed !n wriUnQ to the change. Borrawer shill compty with aY Iaws,
<br /> �cordinancos, regulaUons and requirements of eny govemmental body epplicable to the Property. _"
<br /> i�• C. SUBORDINATE LIENS. Except as permitted by fa.+eral law, Bortower shall not allow any Ilen Interior ta the Secudry _
<br /> � Instrument to be perfected agalnst the Properry wilhout Lender's pr�x wririen permisslon. �'-
<br /> �.T
<br /> ' D. RENT LOSS INSURANCE. Borrower shall mafntain insurence against rent loss in edditlun to the other hazards for which _ -
<br /> f insurence Is required by Uniform Covenant 5.
<br /> E. "BORROWER'S Ri(iHT TO REINSTATE" DELETED.unitorm Covenant �8 is deleted. �`�
<br /> ' F. BORROWER'S OCCUPANCY. Unless lender and eorrower otherwise agree in writing. the first sente�ce in Unftortn _
<br /> . Covenant 6 conceming Bortower's occupancy of thA Property Is deleted. NI remalning oovenents and agroements set toAh in Unftortn -
<br /> Covenant 6 shall rcmain in eflect.
<br /> G. ASSIGNMENT OF LEASES. Upon lender's request,Borrower shall assign to Lender all leases o1 the PropeRy and all
<br /> � security deposfts rtwde in connection wfth leases of the Property. Upon the assignment, Lender shall have the rlght to modily, extend or
<br /> • � tertnlnate the existing leases and to execute naw leases, In Lender's sole discretion. As used In this paragreph a, the word'lease'
<br /> • shall mean "sublease" it the Secunty instrumeni is on n iaasnti.�td_
<br />�,,� , H. ASSIGNMEPiT QF RENTS: APPOINTMENT O�F RECEIVHR; L.ENDER IN POSSESSION. 9orrower absolutdy
<br /> and unconditlonalty assigns and transters to Lender ail the rents an9 revenues('Rents') of the ProRerty.regardless of to whom the Renta
<br />,' ot the Property are payable. Bortower authodzes Lender or Lender's agents to collect tfne Renis, and agrees that each tenant of the
<br />�';:7.{,�r• Property shall pay the Renta to Lender or Lenders�gents. However, Borrower sball recefve lhe Hents until lq Lender has given Borrower
<br />�. notice ot detauR pursuant to paragraph 21 ot the Secudty Instnirnent and (li)Le�-+�ar hes given notice to the tenant(s) that the Rents ate
<br /> '-,.ALt;;.';�;�(, to be pald to Lender or Lenders agent. This assignment of Rents constltulas an obso!utQ assignment and not an assignment tor
<br /> ���'�=�� �R�:i additlonal securiry ony.
<br />-'.�'�' �: �� �}��d�gfves notice of breach to Bortower: (q all Rents receNed by Borrower shall b�hNd by Borrower as trustee for the benefit of
<br />- � •���� , Lender onty. to be applied to the sums secured by the Securiry Instniment: (iq Le�der sh�u bt entiGed to collect end recdve ul of lhe
<br />_ ^'-':L.
<br /> ii::z'=;;.�,.c Rents ot the Properry: (il) Bor►ower agre�s that each tenant of the Ptoperty shall pay all Rmts d►je and unpald to Lmder or lenders
<br />""�'���,� agents upon Lender's written demand to the te�ant; (iv) unless appNCabto taw provldes othe+wise, all Rents collected by Lmder or
<br />�:,'+�:s:'A,�
<br />�-c��_c:y� Lender's agents ahell be applied flrst to the costs of tnking control ot end managing the F'roperty and coHtcUng the Rents, includng, ut
<br />_— M-:ccaa�a not Iimited ta, attomey's fees, receiver's fees, premlums on receiver's bonds. �epalr and rmintenance costs, insurence prem{ums, taxes,
<br />_�n�.a� � assessments end other cherges on the Property, and then to the sums secured by the Securiry Instrument; (v) Lender. Lender's agmts
<br /> w'�:.c or any Judicialy eppointed receiver shall be Ilable to flccount toe oMy those Rents actuatiy receNed; and (vf) Le+ider shaY be entitled to
<br /> �='i'.�i> have a receiver appointed to take possesslon of and mannge the Property end caNect the ReNS and profita derfved from the Property
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<br /> ,ts�, without any showing as to tho Inadequacy ot the P�operty as security.
<br />!�{ �;� If the Rents of the Property are not sufflcient to cover the costa of taking aontrol of and rtunaging the Prapetty and of coilecing the
<br />�w.�_t�`�!':a"5�;• Rents eny lunds expended by Lender for such purposes shaH become indebtedness of 9ortower to Lender secured by tha Secudty
<br /> . r,.
<br /> --`t��•:4•��'., Instrument pursuant to UnHorm Covenant 7.
<br />=+'��+A?r�;7.'. Borrower represents end warrants that Bortower has nat ezecuted any pdor assignment oi the Rents and has not end wiil not
<br /> --_=t�; pertortn eny ect that would prevent Lender hom exerclsing Its Nghis under thls paragraph.
<br /> Lender, or Lender's egents or e Judiclaly appolnted receiver,shall not be requlred to enter upon, take control of or malnlain the
<br />�� `Yr�;. Property betore or after glvin� notice of default to Bortower. However,Lender. or Lender's agents or a Judictaly appofnted receNer, mny
<br /> •--..y�.r�x, do so at any time when a defauft occurs. Any appucation ot Rents shall not cure or waNe any defauft or invaltdate any other dght or
<br />- �.p;'Y`' '"'� remedy of Lender. Thls asslgnment of Rents ol the Properry sheY temiinate when aIl the sums secured by the Security Instrument ere
<br />_-, ::.,�a,-. pald in tult.
<br />--. � • • I, CROSS-DEFAULT PROVISION. Bortower's deteult or breach under eny nota or agreement In which Lender has en
<br /> ' � interest shaii be a breach under the Secu�ity Instrument and Lender may invoke any of the remedies permltted by the Security Inetn�ment.
<br /> '• BY SICiNING BELOW, Borrower accepts and egrees to the terms and prov�sions contained In thls 1�4 Famlly Rlder.
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<br />_ '�5���;.;� ;�� Borrowcr LOU�88 Z.BOR _
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<br /> MULTISTAIE 1-4 FAMILY RIDER- Fennie Mae/Freddie Mnc Unifom� Instrument Form 3t70 9/90
<br /> — I F17421M6 (75T1 I
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<br /> � i 97057 I..
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