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<br /> • 97— 1073'�s
<br /> 1-4 FAMILY FiIDER
<br /> (A�sipnm�nt ot Rmta) -
<br /> THIS 1•�FAMILV RIpER Is made thls�th d�y of 6�nt�mb�r , 1997 , �nd 13 Incorponted Inlo�nd sh�ll 6•
<br /> deemed to amend and nupplement the Mortgage. Dead a1 Truet or Securlty Deed (lhe "Secudty Instrument") 01 the eano d�to ��wen by
<br /> the underslgned pho 'Oorrowcr")to accuro Borrow9r's Note to T�1g Qy�PI�1 Na�f'rp Biiit �Y�t�d I Is Mnd _��,� `
<br /> (Ihe 'Lender')
<br /> of the s�me date end covering the Property deacribed In the Securiry Inatrument end located at:
<br /> �10 S Vlns Str��t Cirand Itland,N�bnsJa 88801
<br /> �Property Atldr.e�J
<br /> 1-4 FAMILY COVENANTS. In addition to the covenants and egreements made In the 3ecurity Instrument, Borrower and Lender
<br /> turther coven�nt end egree as toNowa:
<br /> A. AaDITIONAL PROPERTY SUBJECT TO THE SEGURITY INSTRUMEN7. In eddlUon to tho PropeAy describod
<br /> In the Secutity Instrument,the following kems ara added to the Prope►ty descNpibn,and ahall also canstitute the Property covered by the
<br /> Security Inshummt: build�ng mate�ials, appllances end goods of every nature whatsoever now or hereafter located In, on, or used, or
<br /> lntendsd to bo used In connection with the Ptoperty, including, but not Iimited to, those tor the purposes af supplying or dlsMbuting
<br /> heating, cooling, dectricity, gas,water, alr and Iight, Rre preventlon and extingulshing apparatus, secudty and access control eppaiBtus,
<br /> plumbfng, bath tubs, water heaters, waler closets, sinks, ranges,stoves, retrigemtora, dlshwashers, dlsposals, washers. Jryers,awnings,
<br /> storm windows, storm doors, sueens, blinds, shades,curialns and cuAaln rods, attached mirtora, cabinets, panelling and ettached floor
<br /> coverings now or hereefter attached to the P►operty,all of which, inchidtng replacements and additfons thereto, shall be deemed to be
<br /> and remaln a pad of the Properly covered by tho Seeurity instniment. All of tho toregoing together with the Property descdbed !n tho --
<br /> Security Inst►ument (or the leasehold estate It tho Secur(ty Instrument Is on a leasehold) are rafened to In this 1-4 Famly Rider and the
<br /> Security Instrument as the'Property'.
<br /> B. USH OF PROPERIY; COMPLIANGE WITH LAW. eorrower shall not seek, agree to or make a change In the uso ot
<br /> the Property or Ra zoning classiflcatlon, u�less Lender hes agreed in writing to the ohange. Bonower �hall comply with all laws,
<br /> ordinances, regutaUons and requlrements of any govemmental body appdcable to the Property.
<br /> C. &UBORDINATE LIENS. Except as permftted by federel law, Borrower shail not allow any Ilen Infetior to the Securlty
<br /> Inshument to be peiiected agatnst 1he Property withoat Lender's ptior wdtten permission.
<br /> �. RENT LOSS INSURANC�. Bonower shnll maintain Insurence agalnst rent loss In additlon to tho other hazards for whlch
<br /> Insurance is reyuked by UnNortn Covenant 5.
<br /> E. "BORROWFR'S RI(iHT TO RHlNSTATE" DELEI'E0. Unitorm Covenent 18 Is deieted.
<br /> F. BORROWER'S OCCUPANCY. Unloss Lender and Bortower otherwtse agree In writing, iho flrst sentance In Unifortn
<br /> Covenant 6 conoemtng Borrower's occupancy ot the Property Is deleted. Ail remaining covenants and agreements set toAh In Unitorm
<br /> Covenant B ahall amaln tn eBar.t ,
<br /> Q. ASSIGNMENT OF LEASE3. Upon Lender's request, Bortower shalt asslgn to Lender all leases oi the Property and all
<br /> searlty depostts made In connectlon wfth leases of the Property. Upon the asalgnment, Lender shall have the right to modity, eMend or
<br /> i tertninato the existing leases and ta execute new leases, In Lender's sole disuetion. As used In thls paragraph O, the word `lease'
<br /> • shaN mean "aubleese"it the Securlty Instrument Is on a leasehotd.
<br /> H. ASSIONMENT OF REN7'S; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. Borrower absolutety
<br /> • and uncondNlonaly assigns and trnnsfers to Lender all ihe rents and rerenues ('Rents') of the Property,regnrdless of to whom the Rmts
<br /> ' of the Property ere pryable. Bortower authorizes Lender or Lender's egents to collect the Rents, end agrees that each tenant of the
<br /> { Properly aheM pay the Rents to Lender or Lender's ngents. However, Borrower ahall recehre the Rents untN(f) Lender h�a given Borrower
<br /> t noUce o}dettuR p��rsuent to paragraph 21 of the Security Instniment and (II) I.ender has given notica to the tenant(a)that the Ra►ts ere
<br /> � to be pdd to Lender or Lender's agent. This asslgnment of Renta consUtutes en absolute esaignment and not en asslgnment for
<br />�� additlonel secu►ity ony.
<br /> k If l.ender give�not�e of breach to Borrovier. (i) ail Rents received by Bonower shall be held by Borrower as trustee tor tha benaM ot
<br /> � Lender only, to be eppNed to the sums secured by the Security Instrument; (ii)Lender shall be entitled to coNect and recdve �N of the
<br /> � Renta af the Property; (NI) BoROwer agrees that each tenant of the Praperty sheil pey all Rents due and unpeld to Lender or Lender's
<br /> egents upon Lender'a w�itten demand to the tanant; (hr) unless app�cable I�w provides otherwise, aN Rents collected by Lender or
<br /> . Lender's agents ahall be eppAed ftrst to the costa of t�king control oi end maneging the Property nnd collectfng the Rents, tncluding, but
<br /> , not Bmfted to, ettamey's fees, recelver's tees, premlums on recelver's bonds, repair and malntenence costs, insur�nce premlums, texes,
<br /> � essessments end other charges on the Properry, and then to the sums secured by the Securiry Instrument; (v) Lender, Lender's aqrmts
<br /> or my judfclaky eppointeii recelver ehnll be Ilable to eccount tor onty ihose Rents actualy recelved; and (vi) Lender ahsll be entRled to
<br /> , hsve a receiver appointed to taka possessipn ot and manege the P�operty and coliect the Rents and profits derived from the Property
<br /> wfthout eny ahowNg as to the Inedcquaey of the Propeity as security.
<br /> If the Renta of the Property are not sut8cient to cove►the eosts of taking control oi and maneging the PropeAy and of coltecting the
<br />- Rent� sny tunds expended by Lender tar such purposes shall become (ndebtedness ot BoROwer to Lendnr secured by the Securityr
<br />' Instrument pursuant to Unitortn Covenant r,
<br /> Borrower representa and warrents that 8orrower has not executed any pdor assignment of the Rents and has not and wfll not
<br /> � pertarm any act thet would prevent Lender irom exercising its rights under this paragreph.
<br /> Lende►, or Lender's agents or a Judicially eppo(nted receiver, shal not be required to eriter upon, take control of or matntain ihe
<br /> PropeRy before or aiter giving notice of deiault to Bortower. liowever,lender,or Lender's agents or a judicially eppolnted receiver, muy
<br /> do so at sny time whm e defauft occurs. Any applic�tion ot Henta shali not cure or waive any detauR or invalidate any other right or
<br /> remedy of Lender. Thls esslgnment oi Rents of tho Property shall terminate when all the sums secured by the Socurity Instrument are
<br /> paid in tull.
<br /> (. CROSS•DEFAULT PROVISION. Borrowers defautt or breach under any note or agrQement In which Lender has an
<br /> Interest shall be e breach under the Securiry Instrument and Lender may Invoke any oi the remedfes pertnitted by the Securtty Instrument.
<br /> BY SIONINti BELOW, Borrower accepts and agrees to the tertns and provislons conteined in thls 1�4 Family Rider.
<br /> '^" `� [Seal]
<br /> �eoro ^�p,p, Leo Se�aenbach
<br /> ����...j A� _ . D. _ D
<br /> • � (seaq
<br /> B"�•�W�•paul g. , Sensenbac
<br /> �.TG/'.C2�'!ll���c'.��.-li7�G��v (Seal] --
<br /> Bc�ro�vor��erine P. Sensenbach -
<br /> Baro«�•r [CCdI� -
<br /> MULTISTATE 1-4 FAMILY RIDEH •Fannle Mae/Freddie Mac Unifortn Instrument Form 3170 9/JO �'`
<br /> F1341.LM0 ItlNI} -
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<br /> 9)141 (
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