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<br /> !-4 FAMILY RIDER � � �
<br /> � A�gpment af Rents � �
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<br /> 'l1�II.4 1�4 FAMibY RJDER is made this 15thday of Marcfi ., ig 9U .
<br /> : �nd Is iaootpoaoad into aod sf�ll be deemod to amtnd and supptement the Mortgage. Deed of Tcust o�,5acurity Deed
<br /> (the "Sectuity InsWmetti"y of the same dau givea by the undeisigne� (the ••Botrower")to securc Botxo�ei's Note to
<br /> The Equitable Building ar� Loaa Rssociation, Grand Island, Nehraska: . �.{th� •�icnder'7
<br /> - of the smfe date aad covering the pcoperty descri6ed in the Security [nsaument and larated at: .
<br /> . 317-319 Uxnard, Grand IsZand, Nebraska 68801 � �
<br /> t�aem auaress� !
<br /> I�FAM�I.Y C�NE11iANTS.In additioge;2�;�'�.e covenacts and agrae�:enu made i�e the Se�.-usity inswment.Borrower
<br /> -. aeti I�ader ftMher covenant aatd a�,,c� ��t?ii�ws: . � , ' , �,�. -
<br /> ,;' : A.�OF�ROPERTY;Ct��A,:'1���i�1TH t:4'41�. Bomsv►ea�s�:�:^,tti*�:;;eek.agree ta-��ake a rTi:,^:�;�i�e� - ' ; � .� .
<br /> � . use of ibe Fropert}�.cns iss zaning c�assificatiac�;'rsi?ess Lender has ag�aw i1;�zrr`..�:t�`�e change.:II.truv�rec�I�`�u:gly._r'::.� .
<br /> , with a'��taws,,otd'uaane�, reg�tions and re�v.iz�ens of any go�ec-��rTa�.�}'�:a�plicable to �,'ie Pcap�_`, '
<br /> :.. . , $�.-S�IHE1�tDINA'T� LIE;�iS:;Except as.permitted b: �ederal laK...8�eizaci,�c�s�.not allow any lien��`'�nr to the . ' . . . .
<br /> Securityf Ii�unment•:to be pes�:cte� against the Property :v`_�ou[ Lea�'� liriitr:cs:��ten permission. . �
<br /> ,� C.RENT I.OS.S.L.'�1$�JR�_i��E. Borrouec�all.main:a�iZSUCac:�.e�;ains2 i`i�'c loss in addition to thz c?�er hazards ' �
<br /> � for whir!��insmance is requir� by.Uniforsn ��enant 5. � ' ' �
<br /> D. "B�RRtOVf�EA'S RIG�Q'�3`Q.REt11��'A�£' FA��'�ED. Unifocm:.Ca:er�::*S is de[etrxi. . ,. .- . . .�
<br /> E.ASSI�!�.''1��''Q�L��'Upan L:y���:reqnest. Borrower sh�t[assign to Lender��i t:se��f�:�e Ptoperty ,"
<br /> ; and aq'saciudty�.de�►s�., made ir�.a�annectioa wich leases of thc Propert�+:.Upon the assignment, l.er.der s�:t�iave the '
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<br /> ; right�ta madify;extend�or tennina;z the eaisting leases and to execut�naw�4eases, ia Lender s so2e discretiore. As used in : � ,
<br /> this patugmph E. thc��wprd�`lease" shall mean "subtease" if thc Serudfy.instrerment is on a teasehold.
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<br /> F.ASS1GM1fENT OF�RE1�iTS. Botrower unconditionally akyigns and tran�fers to Lender all the renu and revenues '
<br /> : of the ProptMy. Bomou•eT authapzes Lxrtder or Lender's agents t���alfe�:t the rents and revenues and hereby directs each
<br /> , tenant of the Ptoperty to pay�,thfl r�n�ti t� Lender or [.endors agents. Hawever. privr to l.ender's Noticc to BoROwer of � _��
<br /> , Botrower's breach of an}��.wvenant:or agrcement in tho Seeurit�►�lnstrument. Borrowcr shaU callect and receive all rents =
<br /> artd revenucs of tha P�p�t�.y.ati trustee fur the benefit of:U:addr and Borrower. This assignment �f rents cnnstitutes an ; ,`._
<br /> absotute assignmeni��and?naGam�assignment+fnr.additinaul���ecurit5� cmly. . �':�
<br /> ; If Lender gives notiL•$�of�fittsuchtw 8�trower:�ti)�;atllltQttf��teceiveJ by Barruwer shall bc hcld by Borrower a� truytee x
<br /> � for benefit�af i.ender un�y;,u��bb appaibd t�t thb�suuur:secare�by the Security lnstrument: (ii) Lender shall be entitled"to +
<br /> cnlluot a�d•teceivc a11��uf,tttb;�nttt�of�tthb;Ftnpeny;and�(iii)each tenant of the Pr�perq� shall pay all rentti due �:d unpaid �
<br /> � to Lendet+ap.Lender's�gept�ipn��l.[indc+�'s written demand to the tenant. ' �
<br /> , Hotrower has nat��exerutad.�uny��priar assignment�af the rents and h�.ti nat and will nat perfcnn aay act t?�at wauld `�
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<br /> prever�t I.ender fram�Exercising�ity rights under ihi!: paragraph F. � '
<br /> �, Lender shalt not be required'to enter upon. take contmi nf ur maintain thc Pro�� fnforc or aftcr givi-�e naticc of
<br /> breacb io Bomower. Howevcr, t�nder or a judicially appointed receiccr may d�► �- �, any time there is a �7each. Aay
<br /> application of rents shall not 4-+:n: or ws�ive any default or invalidate �.�y uther ri���.or remedy of l.ender. Tt�is assign- ,� ,
<br /> ment of rents of the i�rupetty '�.*,all tertninate when the debt securui by she Se�:uri.�: lnstrumcnt is paid :n Full. ' '
<br /> , ' G.��S,,S-DE�'AULT PRt)��SION. Borrower'ti def�u;s ur breach under any r�:�nr agreement in whic)e t�.ender has ' ' �
<br /> , � an inte�A;�5hat1 be a breach ur.d�s the 5ecurity lnstrumenr�rd Lcnder may invokc any af the rcmedics petmitted hy the �•
<br />; Security'lnstrument� . � '
<br /> BY SItJ'iNING BELOW. Borrower accepls and agrees ta the terms :,nd prewisions cvmainu�i in this 1-4 Family Rider.
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