|
;:_Y:_�_ �
<br /> . u �i ' ;� i i::Hi';.W-.t��cYr�`fi_3 ::=s•��.: ',rr.,-r ' .'�°ci•- `k"� ' '�f:v5 - .0 ::�<�" -�f� ..rw-Tr: ?y:' �t,�S+f
<br /> v tL_�.:���c4;Ec,��` dtiefie.��i1�1L" �:� ,� � ,r ;.. M� �i�'u.ti����.z. �^ ... 1� f� •� . . � � 7���:. r.� '?��F
<br /> -° _ �u �kat�e6, --��.�--� 'rru:L'. '�'Y a <`y� �S =i;t<`�r `�yy,�'��'lfi'A�`Ci�3.tS.i�r�1�'iirfi&�tEt.��i�7�''Ia. .i
<br /> . , �e. , • ; .
<br /> ,...
<br /> � : .' � 1j� .. � ,.� ' ,.. '
<br /> .:
<br /> .
<br /> �.< _+ + -
<br /> ..,.. � � "'�—� .i���1�0��1.Sn I � ! ���?!�i!�i��i��=—_— '___ __
<br /> .. ..-«_ • ` ` � _�.r.-_.'' . �
<br /> , � � •
<br /> . F .
<br /> 2�4 FAMILY RIDER_�-- 1oo�al �
<br /> � A.�mmt o�Raeats . :
<br /> 7HIS 1-4 FAMdY RIDFR is made this 3 istday of January . 19 9Q ,
<br /> �od is mcapora�ed into md shail be damed to amena and supptetnent the Mortgage. Deed of Tnut or Securit�r �ed
<br /> _ (the "Sea►rity IntWmenY`)of the same date given by the undersigned (the '•Bosrawer") to sccure Barower s Nae to
<br /> _ The Equitable Building anc! Loan AssoGiation GraRd Island, Nebraska (�e ••�a��"� �
<br /> of the ssme due aod covering the property described in tfie Secu�ity Insttuirent and located at:
<br /> 16Q9 Roberta, Grand Island� Hebraska 68801
<br /> . (P�op�ry ac�re;sj
<br /> !�t FAMig.Y CtyVF.NANTS.In addition to the coveta�ts and a,gmernents made in the Security In..�tivment. Bama��z ,
<br /> and Lender€�r ooveoant and agree as foltows:
<br /> , A.USE 0F!'I�OPEATY;CaMPLIANCE WITH LAW.Borrawer§hall noc seek, ageee to or make a change in.rhe � ';;;;:';;�`;,. , � . '
<br /> use of the Ptop�rty ot its wning classification,unless Lender has agseed "en writing to the change. Horrower shall comply , '�` _�'���:�
<br /> ���:�.,,} .
<br /> with all t�ws, aidinances, regulations and requirements of any gavemmental body applicable to the Property. , � ., � '
<br /> B. SUBORDINATE [.IENS. Except as permitted by federal law, Barrower shall not allow any t�ec.�faR4r tm+.he , �
<br /> Securiry InsCu.men� to be perfected against the Praperty without Lender's prior written petmission. �� � ,
<br /> C. RF1�FF�1t16.S INSURANCE. Borrower shall maintain insurance against rent loss in addition to thz oth�s h�xrds �. ' �
<br /> ' for which '�-urance is requised by Uniform Cavenant 5.
<br /> D. '�Ef�t1EOy6►EA'S RIGKI' TO REINS'd'ATE" OELET�D. Uniform �o��enant 18 is deleted. '
<br /> E.ASSI�NIV�ENT OF IEASES. Upon l.ender's request. Bnnower shalt assign to Lender all leases of the i? 'rsr�serty " `
<br /> aud all stct►rity deposits madc in conaection with leases of the Praperty. Upon the assi�ment. Lender shall 'hai� the � ,
<br /> right to cnodify,extend or tec7ninate the existing le:ises and to execute new leases, in I.ender's sole discretion. As u�:d in .
<br /> � ' this paiagraph E, the wa� '•lease" shall mean "sublease" if [he 5ecuri�q Instrument is on a leasehold. �. �
<br /> ��;
<br /> F.ASSIGNMENT �F ItEI�iTS. Barrawer uncanditionall�� assigns and transfers to Lender all the rents and »:vi���:s . � , _�
<br /> � of the Pto¢erty. Borrower authorizes l.ender ar Lender's agents to coUect the rents and revenues and hereby dires.E��cn
<br /> teaaat of the Ptopetry to pay the rents to Lender or Lendcr's agents. Huwever, prior ta Lender's Notice to Barr4rNer r,f
<br /> � Cfa�wer's breach of any covenant or agreement in the Securiry Insirument. Barrower shall callect and receive a1! ��,�ts , : -
<br /> � and 'roven¢�of the Property as trustee for the benefit of Lender and Horrawcr. This assignment of rents con�,tititt�aa " -
<br /> • absolnte assfg�nment and not an assignment for addiaonal security only. :
<br /> If Lender gives notice of breach to B��rruwec li) al! rents rercived by Borrawcr shali be held by Borrawer as cr.�stee '--
<br /> , , for benefit of l.cnder onty. to be applied to the sums secured by ths Security lnstrument; (ii) l.ender shall �bc entitlud to
<br /> �ollxt and reccive all of thc rcnt5 of the Prflpetty:and (iii)each tenant of the Property shal!pay all rents due and unpaid
<br /> ; to Lender or Lender's agent on Lender's written demand tn the tcnant.
<br /> • Borro�+�r. �as not executed any priar aSSignment af the rents and has not and wili noi perf�rm any act thtu w.ould
<br /> prevent ��er��:er from exercisiag its rights under this paragraph F. '
<br /> � � Ler.�e:shall not be required to enter upon, take cnntral nf nr maintain the Pn�perty bafore�r after givinb aatice af
<br /> IYr.^*.,��h t� $orrower. Hawever. Lcnder or a judicially appointed receiver may do so at any time �here is a breach; Any ,�,,
<br /> apQtiea'�.��+r,uf rtnts shall not cure ar waive any default or invalidate any uther right or remedy of Lender. This;a�ssgn- �
<br /> ment cf r.��s of the Praperty sha11 tem►inate whcn thc debt sccured by the Security Instrum�nt is paid in fuU.' '.��'
<br /> G.C$OBS-DEFAULT PROVI5ION. Borrower's default or breach under any note or agreement in which I�nder has
<br /> Tts:._;er-st shaU be a breach under the Security Instrument and Lender may invoke any ui the remedics pcsminGd by the �
<br /> Security IR,:r.?ument.
<br /> !3Y S�X]YG HELOW. 8onower aceepts and agrees ro�he terms and provisions cantaened ir. c�.i�: ?-4 Fumily Ridcr.
<br /> . �.,'��,7.�.cZ.-:�.:!�. .. .. � ... ... . ..._ .(Seal)
<br /> � . Lonnie 0. Davis ��so«owe►
<br />. . � . ... . . . ... . . .. . . .. ... . .. . . ... . .. . ... ... .. . ...... . . ... ���=a1) � ;:.__— -
<br /> � ;7ij'.:YXBr . �
<br /> , � V
<br /> . � . ... ... ..... .. .. . . ... . ... . .... ... .�. . .... . . .. . . . . ..1��/' . }
<br /> ' ' . . . � � '��'�.�r . . . �
<br /> . . . ..:•�. . . . � �
<br /> L . . ... ... ..... ... . . . ... . . .. . ... . .. . . . . ..... .. . . ... . ���; ; �
<br /> :��ows� ��
<br /> �
<br /> MutnsT�t���r�wir��•-iM�ill MN/inNN M�c tl�N�t�n Mlenxn*M ,',�`:, �
<br /> �. .��ro�o ns ;
<br />� {QrtFl�� `;i`I'i�- •+-ar _ •_sn"�s'�--r���-...�-.c..... „ F• �
<br /> =Y•
<br /> �
<br />
|