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<br /> 1-4 FAMILY RIDER
<br /> rA.�ment u� Rents
<br /> '1]�US 1-4 RAMll.Y RIDElt is made thi� `���FK�Ay Of april . 19 9Q ,
<br /> aad is inoo�po�aled into and sl�all be deemed to amend and supplement the Ma»gage. Deod of Trust or Security Decd
<br /> (the "Secur�ty Ltahumeat") of the same dato given by the undersigned (the "Boirower") to secure f3onawer's Note to
<br /> Equiteb]8 Building a�d L,�n AssoGi.at,i0t't 1�,3-115 N. L:oca.�t St. (�flnd Is]end� !�E 689(Il lthe "Lender")
<br /> of the satne d�te and cavecing the propetty described in the Securlty Instrument and lceated at:
<br /> , 301 West 6th Street Grand Island, NE 6B801
<br /> tProperty Address)
<br /> !-4 FAMILY C4VENA1V7'S. ln addition to the covenants and agreements made in the Securicy Instrument, Borrower
<br /> �A I.CIIdC1' IUt�IE[ COVGI131f1 8i1� 3�lCC 8S fO�IOWS:
<br /> � A.USE OF PROP�RTY;COMPLIANCE VYI'I'H LAW. Borrower sCxall not seek, agree to or anake a change in the
<br /> use uf the Property ar�its T.oning classification. unless Lender has agreed i:� writing to Ehe change. Burrower shall compi�
<br /> � aith all laws. ordinances. regulations and rec�uirements of any govemmental body applicable to the Property.
<br /> B. S1laORDWATE LIENS. Except as permitted by federal law, Bvrrower shall not allaw� any lien infer�cs to the
<br /> Security Insttument to be perfected against the Property withaut Lee�der's prior w�ritten pennissiun.
<br /> C. RENT LOSS INSURANCE. Borrower shal! main3ain tnsurance against rent los� in additic�r� to the other hazards
<br /> fat which insurance is required by Unifom� Covenant S. ,
<br /> D. `•SORRON►ER'S RIGtTi' TO REINSTATE" DELE'l'ED. Uniform Cove�a.^.i 13 is deleted.
<br /> ' E. ASSIGNMENT OF LEASFS. Upon Ler,tet s requcst, Borrower shall assign to Lxnder alE �eases of ihe PropeRy ' `
<br /> and all secwity deposits rnade in connection wath leases of the I'roperty. Upon the assignment. Lcndet sha0 have the �
<br /> right to modify. eatend ar te�miaate the existing leases and ta executc new leases, in Lender's sole discretion. As used in •
<br /> this paragiaph E, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.
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<br /> � F ASSIGNMENT OF RENTS. Bortower unconditionally assignti and transfers to l.c�dcr all the rents and revenues — �
<br /> ___ __ : of the PtnQemr. Bun+owcr auihorizes lender or Lender's aeents tn cnllect the rents and revenues and herehy diret:ts each = -
<br /> � tenant of the Property cu pay lhe rents tu Ixnder or Lender's agents. Howevcr, prior tu I.ender's Notice tu Barrowcr uf �
<br /> Botrower's breach of any covenant ar agreement in the Serunty Instrument, Bnrroaer shall collect and receive all rents �
<br /> � and revenues of the Property as trustee far the benefit of Lender and Borrower. 7't�is assignment of rents constitutes an -
<br /> . absolute assignment and not an assignment for additional security only.
<br /> ! If Lender gives notice oi breach to Borruwer. (i) all mnts received by $orrower shall be hetd bi Burrower as trustee �
<br /> ; for benefit of�nder only, to be applied to the sums secured by thc Security Instrument: liil Leader shall be entitled to
<br /> callect and receive all of the rents of the Property; ar►d liii)each tenant of the Propert} shall pa� all rents due and unpaid
<br /> ; to Lender or l.ender's agent on Lender's written demand to the tenant.
<br /> � • Borrower has not executed any prior assignme�t of the rents and hati not and wili �ot perfd�cm any art that would
<br /> ' prevent Lender fro� exercising iis rights under this paragraph F. �
<br /> ! Le�leP shall not 6e required to enter upon, talce control of or maimain the Prupere} before or after giving natice of
<br /> . breach to Barrower. However. Lender ar a judiciall�� appointed receiver rnay do so at any time there iti a breach. Any
<br /> . application of rcnts shall not cure or waive any default or invalidate am• other right or rcmrdy of l.endcr. This assign-
<br /> , ment of rents of the Property shall terminate ah:n the debt secured h. the Security Instrument is paid in full.
<br /> G. CROS.S-DEFAUI.T PROVI510N. Burrow�er's def:�ult or breach under any� �ote vr agrerment in which Lender has �
<br /> an interest shall be a breach under the Securiry lnstrument and L.endcr may invokc any uf the remedie� permitted by the .
<br /> Securiry Inswmcnt.
<br /> BY SIGNING BELOW. Botr�u•er accepts and agrees to the terms and prooisions contained in this 1-4 Family Rider.
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<br /> ... . . . .. . . . . . . . . . . . . .(5ea11
<br /> Richard E. Rief e°"°'"e`
<br /> .. . . .��.'�. .�.�. . °� �.. �^-�. .l Seal) ----
<br /> G' . . . . . RprtOWBr ' � -—
<br /> ' Karal L. M. Rief '
<br /> . . .. . . . . . . . . . . . .. . . . . . . . . . . . . . . .... . . . .. . . .lSeal)
<br /> .Bprrower •
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<br /> . . . . . . . . . . . .. . . . . . . . .. . . . . (Seal) �
<br /> L . . BOr�Owor �
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<br /> MUI�liTATE 1-� fMAIIY RlDER --F�nnl� M�uFtNIN Mu tMitonn Inttrument FOR!�3�70+OIIi ���
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