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<br />-- �� �- � 1-4 Fd4A+IILY RIDER
<br /> _ i �..�me� or ��s . . .
<br /> : 7I3IS 1�4 FAMII.Y RIDIIt ;s mzde this 27t�tday of Febru�ry . 19 gp .
<br /> md 'u �coipotaoed intu aod sts�U ix deamed to amend and supplement the Niartgage. Deed of Trust or Security Deed
<br /> � (the "Securiry Inst�umenY� of the same date given by the undersigned (the "Bottower").tu�secure Barrower's Note to �
<br /> - ' The Equitable Building and Laan Assneiation, Grand Island, Mebrasic� (che "1-ender")
<br /> � ; , af thG,sa�e d�fe aed coverimg the pr�ecty dsscribed in the Securiry Inswment artd tocated at:
<br /> 523 �St 41f� Street, and 517 tiest 11th Street, 6oth in Grand Island, Nebraska 68801
<br /> . [�overtv Aadressl
<br /> .
<br /> . !a1 FAMILY�VENAI�PI'S.In addi�on to the wvenants and ag,reements m�ia the Security Insnument, Bom�wer
<br /> � and I�ender.fu�=r.ovenant asid agioe as feltows: �
<br /> � A.USE OF PROPE1tTY;COMPLUNCE WITH LAW.Borrower shall not s.ek,agree to or make a change irz the �
<br /> � use cC�i:�Ptnperty or its zoning classificarion. unless Lc�rrder has agreed in writia,:a the ehange. Boirower shall comply '
<br /> ' witt��L�vvs, ardinances. zegulations and requicemea��aF any govemmental l�«�,i:'±� applicable to the Pra�rty. ' �
<br /> 8. SiI$Q�IIIIL�c�..�TE LIENS. Except as petmitted by federal law, Boaower shall not allow any lisn inferior to tke � ; �
<br /> Securi��s���to 6e perfeacted against the Property without l.ender s prior written petmission. ,
<br /> ' C�-�t'F �.�55 INSIJRANCE. Borrower shall maintain insurance against r<<�, tass in addition to the other haz�r�s , .� .
<br /> for ����h ms�.�c$ is required by Uniform Covenant 5.
<br /> � . .
<br /> D. �B�RR[l�'R�w�R'S RIGRT TO RF�l�TATE" DELETED. Uniform Covenant 18 'ss ueleted. � � '
<br /> � E.ASSIGNMENT OF LEASES. UpCZ i.ender's request. Bon•ower shall assign to Lender all teases of the Property ' �
<br /> ; and w? security deposits made in connecdon with t�3, of the Property. Upon the assignment. Lender Shall have the :
<br /> : right Aa�modify.extend or terminate the ex'ssting leASes a�d co execut�new ieases. in Lender s sole discretian. As used in .
<br /> this paragraph E. �e word ''tease" shatd cr«an ''sublease" if the �.::urity [nstrume�t is on a teasehold. •
<br /> :, ;.�
<br /> ' F ASS1GrIMENT OF RENTS. Borrower unconditionally assigns and transfers to Lender all the rents and revenues ;�'�.__
<br /> � of the Pioperty. Borrower authorizes Lender or l.ender's agents ta collect the mr:s:�,and revenuss and hereby directs each _-
<br /> � tenant of ths Property to pay the rents to Lender or l.ender's agents. However, ��r�rT to Lender's Notice to Borrower of _
<br /> Bozrower's bieach of any covenant or agr�.rnent in the Security Instrument. Borrower shal! �lIect and teceive all rents
<br /> _� � and revenues af the °roperty as ttustee fcr�?;e benefit uf Lender and Borrower. Thi� assi�:-v;:t af rents constitutcs an � --_
<br /> { absolute assignment and not an assignment for additional security only.
<br /> ; I€L�;der gives notice of�s:t;�ch to Borrower: (i)a!1 re�ts received by Borroa�r shflll be held by Bem.�,:-er as trustee �
<br /> ; for b�.��fit of l.ender only. to be applied to the sums ��:ured by the Security In�:'^�ment; (ii) l.ender sha�1 be entitled to �
<br /> � collect and receive all of the rents of the Praperty:and (iii)each tenant of the Property shall pay all rents due and urF,:`:�
<br /> i to Lender or Lender's agent on l.ender's �.�tten demand to the tenant. •
<br /> Borrower has not executed any prior assignment of thc rcnts and has not �~:� will not perform any ,s� that wonld �
<br /> prevent l.ender from eaercisiag its rights uader this paragraph F. „ .,
<br /> l.ender shall nc� be req�i:� to enter��on. take cantrol of or maintain the Property before �r after giving notice c.f
<br /> breach to Borrov�c__ However, txnder ar a judicially appointed receiver may do so at any time there is a breach. l�:r�ti '�.
<br /> application of rer.t� shall not c�,re or waive any default or invalidate any other right or remedy of Lender. This assign- �
<br /> � ment �`rents of the Property ;��311 terminate when the debt secured by the 5ecurity Instrument is paid in full. ����
<br /> i ,
<br /> G.'�:ROS�,S�DEFAULT PROVISION. Borrower's default or breach under any note or agreement in which Lender has .
<br /> � an interest shal!ts�.•r breach under the Sec+arity Instrumen� and l.end�:r may invoke any of the remedies permitted by the ..
<br /> ; Security Instrun�enr
<br /> BSi SIGNINCs I3ELOW. 6onower acce��s and agrees to the terms and provi��i�:as cantained in this 1•4 �arnily Rider.
<br /> /�, ,(/� �
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<br /> �Jack L. Dunno .� �so«o���o�
<br /> �'Gtit q� �'.. .�.�.-;C.vt.�.SL.,/, .... ..... . .(Seal) :-- � -_
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<br /> Anna M. Ounne ���+�Pxe�
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