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<br /> � Zr4 FAMILY RIDER �
<br /> �"" A.�ment of Renta
<br /> TI�S 1�FAM��if RIDE.R is made th�s ��4lay of February , !9 90 .
<br /> and ia incorporat�d inia and shall be daamed to amend and supplement th� Mortgage. Deed of Tnut or Seturity,O.etd .
<br /> (Wa "Seeurity Iasuumsnt") Qf the sac�e date given by the unde�signed (the '•$oaawer"� to secure Bormwer s Note to
<br /> , The Equitabie Bvilding artd Laan Association, Grand Isla�d, Nebraske , `t�e ••Lenckr") • �
<br /> , � af thc sune date and cmcring the pmpetty descr��ed in the Security Inswment and located �t. �
<br /> 331 East Dodge, Grartd IsZand, hebraska 6u�01 � • �. �
<br /> �Properry aadress) ,
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<br /> I�d FAMILY COYENAI�PI'S.In additian ta the rnvenants and agreements madz in the Secwity Instrument,Bonower
<br /> : �d Lertder furt�er cove�ant aad agree as follaws: . . �
<br /> ` A.USE f,iF PROPE�i'Y;COMPE.IANCE WTI`H I.AW. Barruwer shall not seek,a�ee to or make a chan�-in the �
<br /> use csf the Pi+operty or its zaning c1^�sification. untess Lender It�s agreed in writing to the change. IIorrower stu71{:�rqmpiy
<br /> iwith all laws, oidinan�es. �egulations and requirem�qts of any govemm�tal body applicable to the:f�?spetty:'� ` .
<br /> B. SLJBORDINATE LIEN�. Except as permitted by federal law, Borrower shall not allow any{�en infetiar.to the �
<br /> ; , 8ecurity 1nst�ent to bc perfected against the Property withQUt Lender's prior written permission: �, ,' .. �
<br /> C.ItEhT L065 IN5IJRANCE. Borrower shall rnaintairr L�surance against reni loss in addition tr,,�he ether hazards
<br /> for which '�::�:.r.-a.�ce is required by Uniform Cnvenant 5.
<br /> I�. 'BQ�,Z�VE�R'S RIGHT TO REINSTA's^E"' DE��itD. Uni�form Covenant 18 is dele:e�':: '� � .
<br /> � E.ASSL�t'�►�4�ST.�E I.EASF�..����an Ixnder's re 4wY�:,JY�rrower shall assign ta.T.u;der a11 teases of tfz�1T�perty . .
<br /> and all secarc';� �ep�si� r:w: in co;a�:tion with le�:s� c(�`�z Progerty. Upon the assigament: �.ender shali 'have the • � , .
<br /> right to modify,eater��r��t yzninate the existing leases and tu�execute new leases. in Lender's soi�cii��.:-etion. As used in .
<br />: this patagiaph E_ the a�:d "tease" shall mean "sublease" � ?_"e Security Instrument is on a lea_y�,7:td. �
<br /> ; F ASSLG?ti'MEPI'Y' OF RENTS. Borrower unconditianall} ;s:_°signs and transfers to Lender all the rents arc�i n:�renues -�
<br /> of the Ptnperty. Bortow�r avthorizes I.ender or l.ender's agents to colleet the rents and revenues and hereby dirPcts each �._
<br /> tenant of the Property to p3y the rents to Lender or L.ender s agents_ However, prior to Lender's Notice to Borrower of �
<br /> Basower's breaeh of any covenant or agreement in the Security Instrument, Borrower shaU eoll�ct and receive all rents
<br /> , and �+evenu� cE the Property as trustb. for the benefit of Leo.�r.,. �nd Borrower. This assignment of rents constitut�:s an �
<br /> ; absolute assignmens artd not an a���--� t for additiott3l s::,;,�!�� �,^ly- _- --
<br /> If Lender gives n�nti:e of breaci�?-., �.�nower: (i)all rents�:�y:•;�s�;y 13�?��.ower s;�at►. �e held by Sorrawer as trustee ,��
<br /> , fqr benefit of I.ender only, to be applied to the s:�.T� secured by the 5��rit; Instn�ment: (ii} I,endr:t shall be entitled tn
<br /> - � coflect and receive al!of the rents of the Propert��. ��r�jiii>e�-:i.:tenant vf iiie Property shall pay ait n:rts due and unpaid '
<br /> to Lender cr. I.ender's agent on Lender's written d��_and t�1 i.+.-e tenant.
<br /> � BoRO�r�L�as noi executed any prior assignmer��.of the rents and has nat and will nut perfomt any ast that woul�i ,;
<br /> , ptievent 1xrlar from exercising its rights under tni.a paraig�aph F. � �
<br /> � Lender �.�aJl not be reyuired to enter upon, i,rn:c cantrol of c�r maintain the Property befare o�;31i�:r giving notice of
<br /> : breach to L��strmwer. However. Lender or a judici;:lly ap�oiri�:r� rec�iver may do sn at any time ttt:;e is a breach. Any
<br /> • application r,�r�nts shall noi cure �r�Haive any default �r in�;�idate any other right ur �cmeciy of Lender. 'This assign- "��
<br /> ment of rents of the Property shall [crminate when the debt secured by the Security Cnc�mrment is paid in full. ��'
<br /> G.CR(�S�A�F�ULT PROVISION. Borrower's dcfault e:breach un�i�:r any note or agrecnunt ir�which Lender has
<br /> an interest.shs�U be a breach under the Securi:y Instrument and fa�der may invuke any �:f che remedies permitted by the
<br /> ' Seeuriry Inst,�unent. -
<br />. BY SIGNING HELOW. B�nnwer accepts and agrees tn�he terms and provisi�ns rontained in this 1-4 Family Rider.
<br /> ' ` ..� �II�IGL�`.. �.`"�'�.'t�'t�,P�. .�-.�. ... . . ... .'.. . .. .. .ISeal) _
<br /> �handa L. Ob�meier '�°"°"'°'
<br /> ..!C/G.���''-s����G''.°.� . . ... ... . . .... .. ... .. (Seal1 ;-- _�-.-
<br /> � 4Jilliarn E. Le rey � �s�"°'Xe' ,
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<br /> .. Sa dra I.. lawrey V ... ... . ........ ... .. ...�8orrower .
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<br /> ... .. ... . ... . ........ ... .. ... . .. .. . .... ... . .. . . ... .. .. (seal) �
<br /> � �•Borcower
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<br /> MULT{SiAiF b�Ff11Alt�I�DE�1-F��I� MHlFtNdN�t�e 1leifonn fnttrrm�et �'o�rn sno��ss �
<br /> karrr?1� Q��'�s. ,.'��_. �:`. ._>_. ::_;:-_: :... . :� _
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