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r' 14 FAMILY RIDER Asdi®t nwnt of Ruts THIS 1-4 FiAMII.Y RIDER is made this 7th day of Karch. .1989 etrtd is incorp aW into and shall be deemed to amend and supplement the Mortgage. Deed of TT -net. ut• Security Deed (tlte "Security Instrument") of the same date given by the undersigned (the "Borrower") to sscutr. B4nrrsiver's Note to T tocEss eldateb Bu rautldt�ie and Logn AsuVa>ti n Grants Islaan., lktlba *'Lendeel g Way, described in ecunty Instrument and lunated .at:, 704 North Broadwell, Grand Islan.d., Nebraska EEn03 IPropQrty Aodmssl . 14 FAMILY COVENANTS. In addidon to ft-- - wenants and ugmements made in. der Security Instrument, Borrower and Lender further covenant and agree as follows A. USE OF P OPEAT4i"t COMPLIANCE WITH LAW. Borrower shall not: seek: agree to or make a change in the use of the Ptopetti ar its zoning classification. unless Lender has agreed in writing to die: change. Borrower shall comply with all laws, ciditinnces. regulations and requirements of any governmental body applicable: to t;te Property. S. SUBOlti,NNATE .LIENS. Except as permitted by federal law. Borrower shall not allow azs r.-e_a inferior to the Security Instrument to be perfected' against the Property without Lender's prior written perrmsm,,x _ C. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in additien-to tb: other hazas&- for which insurance is required by Uniform Covenant 5_ A- "R0RR0%VVS RIGHT TO REINSTATE" DELETED. Uniform Covenant 18 is deleted. I. ASEGNMFM OF LEASES. Upon Lender's request, Borrower shall assign to Lender all leases of the Property and all secur y, dgiosits made in connection with leases of the Pmpeny. Upon the assignment. Lender. &.hall have the right to modify. extend or terminate the existing leases and to execute new teases. in Lender's sole discretion. As used in . this paragraph E. the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. R ASSIGNMENT OF RENTS. Borrower unconditionally assigns and transfers to Lender all the rears and revenues of the Property. Borrower authorizes Lender or Lender's agents to collect the rents and reveru:es and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However. prior to Lend:.; Notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instrument. Borrower shat) and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignrn --a o. ru'tni o3nstitutes an absalor assignment and niai ;m assignment for additional security only. It Lender gives notce ,,f breach to Borrower: (i) all rents received by Borrower shall be h; by trasue for benefit of Lendt, only. to be applied to the sums secured by the Security Instrument, iiil Lender %h3 i.6. entitled to collect and receive all of the rents of the Property. and (iii) each tenant of the Property shalt jay all rer: t'�,_ie and unpaid to Lender or Lender's agent. on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not at:.3 will net perform any get that would prevent Lender from exercising its rights under this paragraph F. Lender shall not be required to enter upon, take control of or maintain the Pn:� , et?y bei ;za or after g',-Ping notice of breast to Borrower. However. Lender or a judicially appointed receiver may r:.a so at any time there is a breach. Any appi&ation of rents shall not cure or waive any default or invalidate any other right or remedy of Len&w. This assign- ment of rents of the Property shall terminate when :i1v debt secured by the Security Instrument is paid in full. G. CROSS - DEFAULT PROVISION. Borrower'. L',-`cult or breach under any mote or a: ovncnt in which Lender has an interest shall be a breach under the Security lnstrua�eit and Lender may invoke any of the remedic, permitted by the Security Instrument. BY SIGNING BELOW. Borrower azcepts and agrees to the terms and pro%, , ;,ow, is ,t;ijnvd in this 1 -4 Family Rider. i Wc?, �c�' ��. �•L C (�t� :ate....... (Seal) Donna M . Albers ao• c.�or (sual) Fie •nr.et ................ .. ... -(Seal) BvUmm ..seal) Bomwee Mt)LTI3TAT[ t-a MOLT ttlDER — Fseele M9aIrmkit► Mac Ua t nn trt~rrneet t : R O T719S, fIf' 1P;!i j ;800953 0209 - -,v x8003592947 i� ,s s� r`