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<br /> � . ; , 97.. �I10920 �"_
<br /> � . • ASSIGNMENT 0� RENTS RIDER ''"��
<br /> . (-:.�{t.�-
<br /> THIS ASSIGNMENT OF RENTS RIDER Is made Bnd ext+cuted thls 23rd dny of December , 1997 , end Is
<br /> hoorporated Inlo and shRll be deemed to amend end supphment the Mortyage or Deotl of Trust, herek�efter relerred to es the "SecurRy •
<br /> Instrument', ol Ihe same dote ptien by the underelpned. herehAfter roferred to ac Ihe "Borrower", to secure Borrower'e indabtedness, �,. ..
<br /> � h9reh8fler rpferred to a6 the •Note',to �NITED NEBRA$(CA BANK .- -
<br /> , hsnlnaRer relerred to es the 'Lender', of the seme data end coverinp the
<br /> t property deacribQd h ths Seourity Inetrummt md bc�tsd st:
<br /> _ �
<br /> ' � 717 S HARRI,�QN GRAND IF,LAND NEBRASKA 88d03 =���,
<br /> �.�. �rroo•nr�eer••q �a.
<br /> ��,_
<br /> +..�+••�:�' WITNESSETH: �-°
<br /> • WHBREAS,Bortower end l.ender haw aqreed that any rents�nd profRs�ttributebb lo the property should constRute addRionU securfly �.``—
<br /> to the Lendar lor the payment of the Nate; �_-
<br /> � NOW,TFIEREFOFtE, It is agreed that the Security �nstrumont shall be amended her�aby and deamed to halude the folbwiny provlslone;
<br /> ' :.
<br /> � 1. Assianmenl ol Rents and Lgnder Rsntal Collectia� Rfahts. 9orcower hereby absolutely and uncondklnnalty asalpns ell rente, Isaues
<br /> . �� and protita of the property to Beneficlary. Lender shall have the rlyht,power snd authority durhfl the continuance of tho Security Instniment
<br /> to colleat thg rents,Iseues and profits of the property and of sny personal property located thereon wkh or without taklnq poseesebn of the
<br /> property aNeated hasby. Lender, however, hereby consenta to Bonower's colleetbn and rete�tlon of such rente, Iseues and profite aa they
<br /> ,� eccrue and become payable, so knp as Bortower is not, et such time, ln defauk wilh respect to payment ot eny indebtednese secured -°
<br /> hereby, or h the perfortnance of any apreernent hareunder.
<br /> � 2. Anoolntment of ReceNer. If any event of defauk In respect to the Security Instrument shali have occurred and be conihu�g,Lender,
<br /> 5"� as e matter of ripht and wkhout notfce to Borrower or anyone clalminp under Borrowar, end without repard to the value ot the trust estato or
<br /> the interest of the Borrower there6i,Shall have the right to epply to eny aourt h8ving JuriSd�tlon to appoint a receNer of th9 property.
<br /> 3. Riaht to Possession. In case of defauh h the payment of the sald princlpal Note or Interest,or any part thereof,as k shall mature,
<br /> or in the Case of faNure to keep or pgAorm ony of the convenants or ayraements contelned In the SecurRy InBtrument, the�Iho Laider, ft6
<br /> successors �r assipns, shell be and ts hereby authorized and ampowered to take kmiedlate possessfon of the sald premises thereln
<br /> _ described and to collect the rento therehom,and to epply the proceeds thereof to the payment of the Note.
<br /> 4. Pwol�atbn of Rents. Issues and Profds. All rents Collectod by Lendor or the recolver shell be applbd fkst to paymint of Ih� costa
<br /> ot mnnaganent of the property nnd aolbotbn of rents, Includh9, but not IMked to, rocaNer's fees, premiums on receivwa bonds �nd
<br /> � reasonable ettomey's (ees,and then to the sums secured by the 5ecurky Instrument. Lendet and the receHer shall be Iiable to aCCOUnt onry
<br />- ' ' for those rents actually recelved,
<br /> • 6. ConstNCtion o} Provislans. Each of the provisbns contahed h thls Assipnment of Flents Rlder and the Securky Instrument shall,
<br /> unless otherwlse specit�ally requkeC, be construed in accordance with Nebraska law, and in the event any provlslon hereh of ther8in
<br /> contalned shall be determined by a court of competent Iurisdfctlon to be unenforceable, the Same shall be construed as thouph Such
<br /> ��� � unenlorcesble provisbn were not part hereof or thoroof. -
<br /> 6. Effect of Rlaer. Except as specifbaly modffied by or Inconsistent wkh thls Assqnmenl of Rents Rider or by eny olher �pplfcable
<br />". � rider,all of the lerms and provislons contahed Ni the Securily Instrument shall c4ntinue In lull force and eNect.
<br />�"" .• �.4;Es, IN WITNESS WHEREOF, Borrawer has executed thls Asslpnment of Renta Rider on the date ikst noted ebove.
<br /> F• � �L��_�
<br /> eo�,o,�,.� OMA F wEN�s Rl�+�v
<br /> - � , ' /-� � —
<br /> _ � � ., � Z�i.c.�� • �'�/)2l'� __
<br /> ' , � eor L N R W R E
<br /> STATE OF NEBRASKA -
<br /> ss:
<br /> COUNTY OF HALL � --
<br /> On thls 23rd dfly af December , 1997 , befcre me,ihe underslgned, e Notary Publ� duiy commissbned flnd -
<br /> qual'rfied for sflld county, �ersonally ceme THOMAS F WERNER AND LYNNE R WERNER , HUSBAND AND WIFE, ��
<br /> to -
<br /> be the identfcal person(s) whose nemo(s) Isle�e subscribed to the forepohg Instrument,and he/she/they acknowledge the exeCUtion thereof
<br /> to be his/her/thelr voluntery ect and deed.
<br /> Witness my hand end Not �a�`5�a1 at GRAND ISLAND SKA n seW cour.ty,�he
<br /> tlate aforesaid. `�, .°r" •
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<br /> _. . •'-.., r�o rY Publit 11 1 AM Mr.l FI 1 AN
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<br /> I My Comm�ssion exp�es: AUGUST 12, n011 `'' _
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<br /> F�OG�S l M(3 (6/Ba)
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