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<br /> 1-4 FAMILY R�DER ��� ����� .
<br /> (Aesignment of Renls�
<br /> � THIS 1�4 FAMILY RIOER is mede this 6th day ot Ocbbar . 9998 • end(s hcarporated hto and ehatl bB �
<br /> deemed to amend and supplement thg Mortpage, Deed of Trust or Seoutlty Oeed (tho"Security instnment') of the same date gNen by
<br /> • " tne underatgnea(tne•�orrower)eo seoure eoROwers Noce co 5'he Overlend PlMionai�nk ot Grer�d lalend
<br /> (the"Lender")
<br /> of the same date and co+reNng the PropeAy desctibed In the 8eaur(ty Instrwrtent and Ioaated at: �•
<br /> 401-403 1/2 S.Pine.101 E.Cherles Grand lsland I�9E 88801 `:._
<br /> .-;;��: (ProP�nY AEdnul —
<br /> � 1-4 FAMILY COVENANYS. In addkion to the covenants and agreements made m the Seaur�y Inswment,eorrower and tsnder �`
<br /> ° turther covenant and ag►ea as foitows: --
<br /> A. �lDDITIONAL P�b01aER'!'Y SUBJECT TO TH@ 3ECURl'�Y lNSTRUMENT. In addNion to tho Propsrly ds�scr�ed �-
<br /> , tn the Seourtty Nstrument,the tollowing kems are added to the Property descrlptlon.end shall aiso eonstitute the Propsrty covered by the - -
<br /> . Security Instrumenr buitdhg materlais, appllances and goods of every nalu�whatsoever now or heresfter tocated In, on, or used, or �'�-
<br /> btended to be used M oonneqtipn wRh the Property, Includfng, but not Ymited to, those for tha pu�poses of suppryinp or distributhp �;;_,__
<br /> . • hoaUnp, cootinp,eteotrioNy, gea, weter. ak and Iight, flre prevenUon and exllregulahing apparetus,seourdy and access control apparatus, =--
<br /> ' plumbing, bath tuba,Wdte► heatere,water olosets, sinks,rangea,atoves,refrigaratars, dfshwashera, disposals.washers, dryers,aamings, ��.�
<br /> � atorm windowa,storm doors,acreens,blinds, shades.curtains end ouRaln rods, attaahed mtrrore, aabhets, panetling and atttched floor °'"
<br /> ' p coverhgs now or hereaRer attaohed to the Properiy, aA ot whbh, InaNrdhg ►ept�cements end addittona thereto,shall be deemed to bo
<br /> •� �' ¢ and n�rratn a put ot tho Proporty covcrad by tho S�urky InshumrnG A9 of U+a foregoMg together reith!he Property d9scr9�sd t�the
<br /> =:r Secu�r Instrument(or the teasehotd estate B the Securky InsGVment Is on e IsasehoW) are referred 10 in this t-4 Famty Rtdei and tAe �_—
<br /> .. :`��i��• SecurUy Instrument as the"Properiy'.
<br /> ��,'`� B. USE OF PROPERTY; COMPLIlSNCE WITFI LAW. Bonower shall not eeek,egree to or make a ahenge in the use ot ��._
<br /> ":.�iv.; the Property a fts mnh 9 9 P �'�`
<br /> :.�;'.�.', � g olassNbatton, uniese Lender has a reed In wrf2Up to the ohan e. Barower shatl pom iy wfth aii tewa, ___
<br /> ordinences,regu6�tlons end tequirements ot eny govemmental6ody appRczabl� M the Propqrry. ��.-
<br /> � ''��'`•"��� ` ` � C. 56180RDINAT� U�NS. ExCept 8s petmitted by fede�el Iflw. Botrower sheu not aliow any Ilen hiterlor to the Security �='=;�
<br /> �A�;;���' InsVument to 6e perfeoted aaahst the Property wtthout Lender's pdor wRlten permissbn. ___
<br /> , ? D. RENT LOS3INSURANCE. sorrower shau mamtatn�nsurance ayehst wnt bss h addNbn t0 the Othe�ha=8tds f0�whiCh -
<br /> �� Insumnce Is requtred by UnHorrn Covenant 5.
<br /> ��', E. °BORROINER'S RI�HT TO REINSTd'i'H"OELE7'ED. Unttam Covenant t8 �s deieted. �-_
<br />_.. �fi`',� P. B�RROWER'S OCCUPANCY. uniesa 1.entler and eorrower otherwise agres h wrEthp, the tirst sentence h unirorm
<br /> Covenant 6 ooneemMg Bonowe�s occupanoy of the Property is deieted. A1 remahhg covenants end agreementa set torth h UnNorm
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<br /> � �:'�'�4 � G. Q$Sltil!iMENT OF LEA�ES. Upon Lenders request, 8orrowar ehatl assiyn to Lender at! leases of the Property and aU
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<br /> , seaurtly deposGs itiade h conneotbn wkh Ieases of tAe PropeRy. Upon the es�ig�ment, Lender shait have the ripht to modHy.eodend or
<br /> • termhate tha md�ting teases and to e�aeaute new leeses, In lenders sole dtrcretbn. As used(n thls pareqreph �,the word •leasa"
<br />_�,. ,,. 8ha11 m�an"subbeise' N the Seaurny Instrument Is on a basehotd. _
<br /> � . , H. AS91fiNMHNT OF RENTS; APPOINTMENT OF RECEIVER; LEND�R IN POSSESSION. Bomower ebaoLtey
<br /> - � • . and uncondttbnelly asstyns end Vanaters to tender atl the rents end revenues('R�ts")of tha Properiy,n,pardiess of to whom ths R�nts
<br /> of the Property aro Rayubte. Borrower suthori�es Lender or lendera agents to coltect tAe Rents, and apress that eaoh tenmt of the
<br /> • P►opetty shalt pay the l�ents to Lendet ot Lenders agents. However,9orrower ehali recehre ihe Rente unUi(�lender has qken Borrower
<br /> " .��',,,, notice of delauR pursuant to parayraph 21 of the Seau�y InsWment and(ip Lsnder hes pMen nOt�e to tAe tenent(s)th6t the Renta sra
<br />�•:~�" � . ta be paid to Lender or Lenders agen� Thls assignment of Renta constAutes an abaolute assig�ment and not an asal8nment tor
<br /> ' addRbnal seaw8�r ony.
<br /> If Lender gNes notice of breach to Borrower.(q all Rents receked by Borro■er shatl be held by 6ortower ea truste�for the bertsfit ot
<br />-�;.w� : ."�= Landor ony, to be apptled to the sums seour.ed by the Securily InsWmenk (�)Lender shat 6a entitled to colWot�rtd roceAro all o!iha
<br />-'."-`�'��'r���-"� iiants of the Propefty; (11�Bortower aprees that�eaoh tenent of the Pro diatt �
<br />_ peAy pay aU Renb dua end unptt(d to Lender or lendets
<br />=.;t;>�;';�:. . �{onta upon Lenders w�ten demand to the tanant; (iv) unless eppficabl� law provtdoa otherwESO,�t! Rents oollected by Lendar or
<br />'��;�,� ''�� L�nders epents ahal be epp8ed tiret u the costs of takhg control of and rrta�yhp tAe PropeAy and ealteetMp t�fe Fbnts,helud;rtp,but
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<br /> •.� .,: •::t'_.: eot Iimked to.auomey's fees,receivePs tees. Premhims on recehrers bonds.►ePair and nui�fenanae costa� in�urance premWms. ta�ms.
<br /> - - assessments and other oharyes on the PropeAy,end then to the sums seaured by the Seourity tnstrument; (v)Lendar,Lender's apents
<br /> ' " , or eny judlafauy appointed receNer ehaU be Uebie to eccount tor ony those Rante aotualy receked; and•NI) Lender shalt be entftted to
<br />= . have a receEver appohted to mke possessbn ot end manage ihe PropeAy snd colieot the Rents and proflts de�hred irom the Propert�r —
<br /> • wkhout any showinp as to the(nadequaoy of the PropeAy as securky.
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<br /> � �" If!he Hents of the Property are not suftbient to aover the cos�s of takhg eontro!ot end mana�inp tha Propeny and ot eolteoUnp the --�
<br />_ ' "� Rents any funds e�ended by Lender tor suoh purposes shail become hdebtedness ot Borrowar M 6ender secured by the Securny
<br />—��,�.;.. Insttument pursuant to Un(torm Cavenent�,
<br />����;�;,- :;� Bomower ropresents and werrants thAt Borrower has not eocP.cuted eny prior asaignment ot the Rents and has not end wtN not
<br /> z �},,,,�. .. . �,,,� perbrm any ect that would prevent Lende►hom�binp ks righte under th(s puagraph.
<br />-�" ;++�.* �,• lender, or lenders apenta or a JudicEaiy appolnted receiver, shatl not 4e reRufred to enter upan, take conlrot of or mahtain ths
<br /> _-,- � ,,,., .Property► before or eRer givhp notbe ot defguU to 9orrowe�. However, 1.ender,or lender's agents or e judbiaAyapp ohted necsNer,rt�y
<br /> Tc� . � . do so at eny tlne when a defattR oCCUrs. My8p pltcatbn of Renta SAWI notaure or wak9 any deteutt or knrBlldete eny ott►et rlpAt or
<br />.+`��'' remedy of Lender. rn�s ass�me�,c of ae��s rn tho PropeRy shatl te�minate when ali the sums secured by the Securfty Insbrurt�ent ere =
<br />-r;•,, peld In tup. -
<br />-� ' '� 1. CROSS�DEFAULT PROVISION. Borrowe�s deteuft or breacn undsr any note or eyreement h whbh Lendet h88 sn -�
<br /> � Interest shali Dea l�reach under the Seaurity Instrument and Lender may Invo eeny of the rerttedles permittad by the Seatrity{nstrumenG �4•--
<br />- " 't� BY SI�NiN�BELOW,Bortower accepts and agrees to the tertns and rov bns contaEned h is 1d Famly Rid� �;�,:
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<br /> MUlT15fA1E t�FAMILY R�DER-Fannie MaelFreddie Mac Unttorm Instrumant Fortn 3170 9190
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