|
___ —:. � _ _ _ _ _ .::
<br /> � _.. ..�..st3���::AV` _ .•ww...�. �'�` _ ' =�A�:.r�asc�.,r�tilr:e�e�Jf`��. - s_1sw,b���x�.��..���@:riMSe.u• _���r ! ,,
<br /> � `� '• �
<br /> ! � ,
<br /> j �
<br /> 1 � "'
<br /> � • .
<br /> f '
<br /> - � � � � l� FAMII�� R�FR ��., �O 1l�V�
<br /> � At�L1�Cllt Of�li�S
<br /> ` TtIIS 1�4 FAIu�Y[t@ER is made this Sth day af Febrtiary � . 19 9� , �
<br /> aod is iocapoc�id iato and shali be damcd to amcnd aad su�pplemeat the Mo3tgage. Oeed af Trust or Security Deed
<br /> (tbe "Sec�riry Instrument")of the same date given by the undersignod Ithe •Bmrower") co secure Borrower's Note t3 ,
<br /> _ � The Fquitable Building and E.oan Association, Grand Island, Nebraska (the ~Lender") �
<br /> — of tbe same d�tc and covering the proQerty dtscrr'bec�in tIx Securiry Insmtment aad [orated at: .
<br /> ' 1827 Mlest 13th. Grand Island� Nebrasica 68803 .
<br /> [Pro��v A���
<br /> 1�FAMILY C�NAN'IS. In ad�ition to the covenants aad agreem�.�;s y.�,s3?�in th�Security Instrument,Bono�er
<br /> acd I�ender fwtber wvenant and agre as fallows: ,
<br /> A.USE OF PRUPERTY;CANPLlANCE WITH LAW. L�e�wer shsl:G.e�t'seek. agree to or make a chang�in the
<br /> use of the Property ar its zasing ciassifrcation,untess Lend.r��agreed in writing to the change. Boirower shall comply
<br /> v�i� all laws.otd'maatices. �negutations and requirements of aa� govemmental bady applicable to the Property. . '
<br /> �: •
<br /> B. St1BORDINATE L�NS. Eacept as permitted hy fedi:c-��; law, Borrower shall not allow any lien inferi6c�the
<br /> Security Qnstrument ta be perfected against the Property wi�r���t E.ender's prior written permissian. �� �
<br /> • C. RENT LOSS Ilti�'�3�ANCE. Borrowes shall maintain insurance against rent loss in addition to the other hazards
<br />_ for which insurance is reqo�red by Uniform Cavenant 5. • �
<br /> � .
<br /> D. "BORROWLR'S RIGHT TO REINSi'ATE" DEL�7�D. filnifortn Covenant :� -:s deleted. ' �
<br /> E.ASSIGNII�NT OF LEASFS. Upon Lend:is re�l:si. �orrau�er shap assign to Lender all leases of tlse Property ; '
<br /> assd al) security deposits made in connection ais"�. ba;:Yrs a�t::e Property. Upon [he aasignment. Lander shall have the •_
<br /> right to ntadify. extend or tertninnte the cxisting 1�.:�:s ar.L�.���.t_�:..ute new leases, in Lender's snle disctetion_ As used in .�
<br /> this paragra�h E. the ward "lease" shalt mean "subtease" � ti�:• �ecurity Instrument is ore a leaseh�id. '
<br /> �z
<br /> F ASSIGNMENT aF RENT5. Borrower unconditianaUy assigns and transfers to lxnder all the rents and re�•enues � r�=
<br /> o€the Pt�operty. Borrower autharizes l.ender or Lender's agents to coltut the rents and revenues and hereby directs each
<br /> tenant of the Pro,Qerty to pay the rents to Lender or lxnder's agents. How�ver, prior to l,ender's Notice to Borrower of • -
<br /> Borrower's brrach of any covenant or a,greement in the Security Instrument. 8orr�wer shall coltect and receive all rents
<br /> and revenues of the Property as trusts.,c f�r the benedt of Lender and Borrower. This assignment of rents ronstitutes an .
<br /> absolute assignment and noi an assign,�+znt for additianal ��curity only. ' �
<br /> If I.ender gives notice of breacb to Sanouer. ���all rents received by B�rrower shall t�e held by 8orrower as lrustee .!
<br /> • foc benefit of Lender anly, to be appli� t���:s��urn4 Serurui by the Securiiy instrumcm; (ii)Lender shall be eatitled to
<br /> wltect and rz¢eive alt of the rents nf�tt�c i?-.re:ty: and (iii)e:sa:',:aenant of the Praperty shall pay all rents due an� W:paid
<br /> . to I.ender or Lender's agPnt on Len�:r's writcen demand to it;e [enant. �
<br /> Bomnwer has not executed any prior assignment of the rents and has not and will nat perfarm any act that would ;
<br /> prevent Lender from exercising its rights under this paragraph F. `
<br /> Lender shall not be required to enter upan. take cantrol af crr maintain the Property tx:fore or after giving notice af
<br /> breach to BoROwer. However. Lender ur a judicially appninted reccivcr may do so at any timc thcre is a breach. Any ��_
<br /> application of reats shall not cun: nr w;uve any default or invalidate any other righ� or remeciy c►f Lender. This assign- �;�;�j
<br /> ment of rents of the ProFeerty shall tertninate u±x;a-.the debt secured by the Securiiy lnstrument is paid in fuU. -
<br /> — ' G.CR05S�DEFAUaT 1P�OVIS�(DY, porrar��:':;default nr breach under any note or agreement in which Lender has}
<br /> an intercst s��l be a br�aci� cndes��re��:xurity 1^stsument :;r.d Lc�.sder may invahe any of the remedies permittecf by the
<br /> Security l;.;ara�at.
<br /> ' 13,Y SIGIVIVG $ELOW, Boaaweu r��pts and ��rees to the tcrms and prnvirinnti contained in this !�4 Family Rider.
<br /> �
<br /> J��.���/Zt.�i�. . . .. . ... . .. . . . . . ... .(Seal)
<br /> Kenneth !. Milfer �a�'�°We�
<br /> ,.i ; .
<br /> � � t. /c �
<br /> __ � � �: ,,.� . � , . � L c� /�� . . . . .(Seall =-_ _— -
<br /> . .• . .. . . . ... . . . . . .. . . .
<br /> orina K:�Mi Yler � �eo,,oha, .
<br />_�
<br /> ... ..... . . ... ... .. ... . .. . .... ... ... .. . ... . .. . . . .. .. . .. .(5ea1►
<br /> � .•e«rower + .
<br /> . ... ... . . . . . . . . .. .. .. . . .. . �
<br /> ' . . . . ... . . . . . ... . . . . . . . . . ... .�($C��j
<br /> ��� ���
<br /> L
<br /> �
<br /> � �
<br /> �uun�h s��FR�tr �e�flIIM!Mi`'FHMI�M�C UIfIMMI fAflfyflflM �ORM3;;��o.e� � �,�
<br /> fUrm iIGJ [c���`. ..':'. : :_:�.... .._. : . �... . . c. .,
<br /> . ��
<br /> v���' �
<br /> )y✓� i
<br /> � 4
<br /> —•�.f:
<br /> .,,, 5 .
<br /> , �
<br /> ,' ,
<br /> n'r t
<br /> ,'�.c`r-' __ _ _
<br /> -: --,a'��-.�.: s�-:-.+--�,.�a��.-.-�- ...-'•�r.w�.-a�r;.�..a-.
<br /> _._ _..__ . - .�._�_- � ___ -,— ___ _
<br /> '" _.�. � . �_�. _�.4 _ _ '� "
<br />� �_ _—._—_—_._.��� ._. �.��..��__— 1..__—_�.....____����__.�_�_�� •' "_ "" „ __ "'_ . _..�. . - .-i.-.
<br />. _'-�� _ ' . .�-'_' __ �� —� — _ _ ____ _ _' ____ _' '•_" _ " _ _ __'-- _'_'_—__.
<br /> " ..—'... . .. c_ s '- c_ "-+.Ta—, • . . __ . '.._' " ..,, • . , . . . .. •' . . .. - .... : C. . . .. . ..
<br />
|