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<br /> T�IIS t-4 FAMI�.Y EtIDER i5 made this 25thlay of January � , 19 90 ,
<br /> aod'u inoo�powoed inbo and sha11 be dGCmed to ameed and suppleraent the Mortgage, Deed of Tivst or Securiry Deed
<br /> (t6e "Socarity IasttumedE'�of tbe same date ven by the undecsigr►ed (the "Bonnwer'7 to secure Borrower's Note to
<br /> Tfie Equitable Building and Loan �ssociation, Grand Island, Nebraska ��he ••Lendee'�
<br /> of dse s�nne d�te and covering the pcog�rty d�scribed in the Security Insttumer.t and located at:
<br /> 2412 Stagecaach Road, Grand Island, Nebraska 68801 ,
<br /> [Property A�dressf.
<br /> 2�FAMILY I�aVENANTS.In addition ta the cov�n•s and agr�emenu made in the Security tnswment, Borrov.�::�.
<br /> and Lender fwt�er covenanc and agree as f���ws: ' � � ' .
<br /> A.USE OF PibOPEBTY;COMPLIAz`ti+�7�1TH LA�Y. Borrower shall not seek.agree to or make a change in tze'• = ' .
<br /> ' ust of the Properiy or its zoning classificatiort,unless k�r�er has agceed in writing to the change. Battower s�l comp;y , ' ` ' '
<br /> witb aL laws, ordinances. c�gulations and requiremenis ��G any govemmental bedy applicable to the Prapee+:�;�_ � . ' `
<br /> � � B. SUBORDINA'i'E LIENS. Except as permitted by federal la.�..Borrowes shall nat allow any lien uri.:::��.a�a�..: ; :;;�.
<br /> Security Instntment to be petfected against the Properry without I.��r's prior written permission. � � �
<br /> C.BENT I.05S INS1TliANCE. �arrower shall maintain insurance against rent loss�in addition to the otL:�n�ards . , •
<br /> for which insaiance is required by Uniform Covenant 5.
<br /> . D. "BORRUWER'S RIGHT TO IiEINSTATE" 1DElL�TED. Criform Covenam 18 is dcleted. • . '
<br /> ! �.ASSIGNII�NT OF LEASFS. Upo�L�nder's re��.:,,.;,st, Hoaower shall assign [o L.ender all leases of the Property � `
<br /> ! and a�:security deposits made in connecti�� u:fh tesses �,;•he Property. Upon tl:�,e assignment, Lendcr �la�l:,?._have the , , ;
<br /> right.•a�ify,extend or tecminar�u�e ex��tir�g leases�����a�xecute new teases,is�3..endei s sole discreti-r,�.: _-�s used in . : .
<br /> ; this paragraph L, the word •'ieas�' sfiall Fn:a.�. ••sublease' �: the Sec�:rity Instrument is on a leasehold. . � ; ;-{
<br /> �
<br /> F. ASSIGN1ViE1VT OF RENTS. Harrower unconditionally assi�-r.� W��d transfers to Lender all the rents and revenues :
<br /> ' of the PEOperty. Borrower authe�nzs Lender ar I.ender's agenu to collect the rents and revcnues and hereby directs each '
<br /> tenant�f ihe !'roperty t� pay the rents to Lender or Lender's agents. Howcver. prior to Lender's Noticc to Borrower of ' -
<br /> ' Borrawer's breach o4 any covenant or agreement in the Security tnstrument, t3orrower shall collect and receive all rents �
<br /> and re;�etaues of t1�.e �snperty as trustee for the benefit of Lender and Borrower. This assignment of rents constitute3 an
<br /> . absol::�: assignmeni.�d nat an assignment for additional sccurity only. �
<br /> . If F.r�+'rr gives noiice of b:�ash to Boaower: (i) alt c.nts received by Borcawer shaU be hcld by Borrower as trustce �_
<br /> ' . , for ber�Gi of l.ender only. to t��pplied to the sums sec:y:;d by the Security Instrument; (ii) I.ender shall be entitted to
<br /> coltect and receive�"! of the rents of the Pcoperiy;and (iii)each tenant of the Property shall pay all rents duc and unpaid
<br /> , to l.ender or Lendec'�s agent on Lender's written demand ta the tenant.
<br /> . Borrower has r+�c ,:zecuted any prior assignment of the rents and has not and will not perfarm any act that wo�zl�,i
<br /> pnvent i.ender from exercisittg its rights under this paragraph F.
<br /> , Lettder sttall not ts�:requi�9 ua enter upon, take control of or maintain thc Property before or after�i::;":,,; notice of
<br /> breach to Horrower. ff$owever, Lender or a j,e�ieially appointed �eceil.r may do so at any tirr;,,� r'.�ete is a breach. Any �
<br /> application of rents shall not cure or wai�e ;�:� default ar invalida:�: any other right ar remat: ��` Ler.C.s. This assign- ' ��
<br /> �:
<br /> ment of rents of the Property shall terminate when the �.�lct sec:ured by the Security insirur~Y�t: is p�d ir�•:full. �-:
<br /> ' G.CR05.S�DEFAULT PROVISION.8onnwet's de��tw:t or breacb under any note or agrecmcnt in w{,c�:�r,Lxndcr has '
<br /> an intenst shall be a breach under the Security Instrumcnt and Lcndcr n�.sy invake uny of the r�.�nedies permitted by the
<br /> Secutity InsWmertt.
<br /> �7f•�fi3MNG B�LOW. $��rn,;�k•er aecepts and agrees to Ihe terms and pruti:�iaa� rantai�.�,�. in iF:is �-�i �ratnily Rider.
<br /> -,
<br /> , , .!."_ZE'`9'�"f.•`.�:.��. ..... ...... ... . . .�5ea1)
<br /> Frenk E. Ko18T �[�«o•hei
<br /> ... . .... . ... ......... .. ... .. .... .. ..... .. .. . ..... ... . . .(Seal) ;___..-:—_--
<br /> Borrowor •
<br /> �
<br /> . ... .. .. . ... . . .... . .. .. .... . ....... .... ..... . .... .... . (5�3�) '
<br /> . . E^!rare: � ..
<br /> ........ . .... .. .... . . .. . .. . . . . . . . . . .... ... .. . .... . .. . . .(�ea�) '�
<br /> L �Horrorrer
<br /> �
<br /> AMKTISTATE t�i iAMlIY IMOEIf�f�M!MMlfttWM Mae IMM�ne t�Mrr�rt �oa1�3�ro iass f
<br /> �[J��I�1eJ ��••,�f.faY�..l . �.AI. .�.fl� '.�.� _�!. ' l:l. u
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