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<br /> Y �tm�R 90- 101351
<br /> 1-� FA1ViIL
<br /> (� ��t of�ts
<br /> 'I�IIS 1-4 FAMII.Y RIDFdt is made this 8th day of hSarch , 14 90 .
<br /> aOd is incoipoc�ted into and shall be deemed to amend and supplement the Mortgage. Deed of Trust or Securiry• Deed
<br /> (dse "Securit�t [nsttument")of the same date given by the undersigned (the "Borrower"} to secure Barrou•er s Note to
<br /> Ti1s Equitable Building and Loan Assaeiation, Grand Island•, Nebraska (the ••Lender")
<br /> af the same date and covering the praperty described in the Serurity Instrument and lncated at:
<br /> 32d North Greenaiich, 6rand Island, Nebraska 68801
<br /> (Froperty Address)
<br /> 1-4 FA21'I��.Y COVENA1�iTS. In a�dstion to the covenants and agreements made in the Secn:ity insuvment. Bosro�ver
<br /> and I.ender £rut�ser covenaat. aad �� �.s follows:
<br /> At.USE f��L��'t2E�L�L�'ti:,�(3:l1���tiCE�T�E�L��.AW. �urri3�;c:�h�l} ���t seek. a�aree to vr make a change in c�� _ . .
<br /> :c.�at the 1��.�c� er�ts�:+-.�-�ciQ�;S:fr�::�;t-. ur���4�.I:��.irr hz• •�xcr� i:� ws:in6 to the change. @arr�4�:r shall co-�-;�. .
<br /> Hit�t ali Eav:�;. is;_�ancss, .'egulat[o�t� -�t�r3�uiP:!��-� qf ;�-��• ������mmental body apptic.;t?1��n :tr° L�-;�erty- '
<br /> 8. SE�<i��?�sTE LIEriS. Exce�t a� ge-r�jr.e� i�� r�.'<�:� !.�w. Burro�cc-c s��El :�a�� �c., ��- x::� :r.r�ti�r°���r.":;� �
<br /> , �e.:�r,y L���r�..�-';�iu be �rfected a£a.�;c i�� Clr�,p�t;= :��tho�:i �:.nder', priar w�tt�z ;.er:i��i-.�..
<br /> ' C, �EA,'I' �6;:�5 E���,'R,�VCE. ��_rr��tir shall maintain in-:�.:.�ce again�t ront lo:s r�� .1,��Ao;s to tne ather�^:.�:::�
<br /> far which in�.�r�.;c ia r�e�.y�i�f by l'njfarm Covenant 5.
<br /> D. •'BORROWER'S IBC�Y�iT TO REINSTATE" DELETED. I;nifumi G►��enant 18 i5 deleted.
<br /> E.ASSIGNMENT OF LEA5ES. Upon I.cnder's reyuc;t. Bum����er ,h�dl•a5yi�n to (xnder all leaties nf thr Pr�peRy
<br /> and all security deposits made in connecnnr► with lea��+ ul th� Property Up�m the a�signment. L.ender tihalt have the
<br /> nght to modify,extend or terminate �he e+u,t�ng iw�c.and a,�xe.:utc ncw i4a+ca. in l.cnder',,e�l. discretion. Ati utied in
<br /> ihis paragraph E, Ihe w�rd "IcaSC" tih�U Ule.�n "tiuhf�atic�' if thr Srcur�ty (n,trumcnt iti �m a tcaschold.
<br /> F. ASSIGNMEN7' OE�R�NTS. 6utroaer uncunJiU�mally �Ih�I�Oti and tran,fcr, u� l.ender�ill thc rents :►nd r�venues
<br /> of the Propetty. Borrower authuritcs I..�ndcr ��r l.cnd�r'� age��t, tn ruilcct th� rentti .�nd revcnuc, and hereby diiectti cach '
<br /> tenant of the Prnperty te� pay thc rcntti to I.�:nder ur Ixndcr'ti uEcntti htou•e�•cr, pnnr t�+ IAnder'+ Noticc tu Borruwer ��f
<br /> Bnrrower's breach of any cuvenant ur agreement in the Secur�ty InStrumcnt. B��rcnwer tihall collrct and receive all rcnts
<br /> ansl revenues af the Ptnp:tty ati trustee for the h:n:.fit ��f Ixndrr anci �3urruwcr. fhi+ ��titiignment�►f rents conrtitut�ti an �
<br /> absolute assignment :snd nnt an assignmcnt far ad:filiun�! ticcuri�}� imly� • y
<br /> If�Lender eives notic� of hreach to l3orrower. ti) ;,u T���� ����►.•���n� ��jn�w�« �n�u n� held hy f3urrcruer a� tru�tee
<br /> for benefit nt' L:::��:! �ir.iy, to he applied tsr thc rum� 5ecurcd hy the S«izritJ lnstniment: tii) Lendet tihal} he cntitte� r�
<br /> cn{lcxi ��.�td r�:.e:�� a!f of thc rents ��f the Prnpeny: and �iu1 each trnam��f thc Propeny tihall pay all rent�•. dur an� unpaid
<br /> t� E.E�Cer �r f.cnder's ugcnt un l.,cnder's uritten demand t�� thc tcnant. , �
<br /> Ciurrouer f�as not executed any priur a+�ignmcnt of �he remti and hati n��t and wiU n��t perform any act that u•ould `•
<br /> �reeent I..en:�cs fram exercitiing it�: rightc undcr thiti paragraph }�. �'
<br /> F...cndet 1ha11 nut he rcquired t�► rrtcr upon, tahc cum�ol uf c�r maintain the Pruperty hcfurc ur aftcr giving nnt;cc uf •
<br /> tick?:h tn $orrower. Hawever. IAndet ��r a judici�lly appu�nted reccrver may do tiu at any timc there is ;� breach. .�inv :
<br /> 4pptication af rents shall nut cure c,r w��ive any deiauU ��r invahdate any utncr right ur remedy uf Lendet. '1'hiti a«ign•
<br /> ment of rents of the Pruperty shall tcm�m�tc wh�n thc dcht �ccurcd by thc Sccurity b.trumcn� iti paid in fult
<br /> G. CRUSS•UEFAULT PRUVISII)N. Burruwer'ti default ur br�ach under any n�ne ur agreement in which L�:n�fer h�e�
<br /> an interest shall t+e � breach under thc 5ccurity Inrtrumcnt aud IAnder may invuke any oi the rcmcdics pcm�ittcd hy thc
<br /> Securiry Instrnmem.
<br /> DY 5IGNING Bl:1.U�V, Borrower arcept� �utd agree� tu the tcrml and pr��vitiwm cuntatned in Ihiti I-4 I:uuily Ridcr.
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