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'f <br />1 <br />i <br />f <br />1 <br />1-4 FAMILY RIDER go.- 105340 <br />n= 1.4 WMIX RW R Is made this 10thday of September . 19 90 , <br />ad is Mootp m - m Ito and sthall be deemed to amend and supplement the Mortgage. Deed of Thiat or Security Deed <br />(dw 11scurity Iaaburnei t'l of the ssatcao date given by the undws4ped (the "Borrower ") to secure Borrower's Note to <br />Eu leuilderdn A� (the •Lende e <br />property CWMM aW r•') <br />940 South Locust, Grand Island, Nebraska 68601. and 2415 West Koenig, Grand Island. <br />tvroWl AdMoul Nebraska 68603 <br />1.4 FAM[IJIN COWNAIM. In addition to the covenant: and agreeanonn made in the Security Instrument. Borrower <br />and Lender f o6w ooveoaat sail agree as follows: <br />A. USK CW MMEM; COMPLIANCE WITN LAW. Bomw4vr shall not seek. agree to or make a change in the <br />use of the Property or its mming classification, unless Lender has agreed ire wincing to the change. Botrntmer shall comply <br />wiatp all laws. ordinmices. regulations and requiranents of any governmenW -body applicable to the Property. <br />3. SUBORDINATE LJENS. Pacepu as permitted by federal law. Borrower shall not allow any lien inferior to the <br />Soma* Instrument to be perfected ag&wms,. be Property without Lender). pbeg written permission. <br />C. RENT' LOSS INSURANCE. Borrower shall maintain insurance agaiwo .tent loss in addition to the other hazards <br />for which insurance is required by UsWlmn Covenant S. <br />D. "NORRDWER'S RIGHT TO WMNSTATE" DELE'U,n- - Unifiwrm Covenant 18 io deleted. <br />•E. ASSIGNMENT OF 16AS)F.S. Vpon Lender 'N request. borrower shall assign to Lender all of the Property <br />arx.: all aecuiity deposits made Jr %w- nection with $c.aw•s of the Property. Vpkim the assignment, twt ffa shall have the <br />riSM to nadify, extend or terminate the existing leases and to execute new lea%o. in L.endtr's sole discretion. As used in <br />this paragraph E. the word "leave" shall meat "sublease" if the Security Instrument is un a lea efwld. <br />F. ASSIGNMENT OF RENTS. Borrower unconditionally aligns and transfers to Lender all the rents and revenues <br />of the Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenue% and hereby directs each <br />tenant of the Property to pay the rents to Lender or Under's agents. However. prior to Lender's Nwice to Borrower of <br />Borrower's breach of any covenant or agreement in the Security lmslrument• &►mower shalt collect and receive all rents <br />and revenues of the Property as imam for the benefit of L.emfcr 4aW Borrower. This au iprnent of rents constaaw; an <br />abnolule suisnmem and not an assignment fix additional %ccark :, nnty. <br />If Lender gives notice of breach to Borrower- w %if rents received by '0,,miwer shall be held by Vormwer as trustee <br />star batatelSt of I.esndet only. to be applied to the cum., wun:d 4- the Security Instrument; dit Lender 4hall he entitled to <br />collect and receive all of the rents of the Ptoperty. and oh) town tenant of the Property shall pay all rents due and unpaid <br />to Lender or I agent on Laidaic's written demand to ebc tenant. <br />Borrower has not executed any ptwr assignment of the reacts and has nut and will not pedimn any act that would <br />prevent Lender from exercising its rights under that paragraph F. <br />Louder Dull not be required to crAn upon, take control 4 aw maintain the Property t0ore or after giving notwe of <br />brra* to Bownroh%a. However. Under +u a judicially appotow mceiver may do so at asp time there i% a breach. Any <br />aWk-adw of rem shall nrjt cute or waive any default or ina,u:rMe any .+ther right .err remedy of Lender. This ac stgn- <br />neat of coats of the Property shad) terminate when the debt secunrd by the Security -60mo ttnertt i% pod in full <br />G. C1KWS4WAULT PROVISION. Borrower's default or breach under any note ,r ' ar- ftment rn which L tn&r has <br />an interest shall be a breach under the S+Axvnty Instrument and' I.Jr --.der may invoke any is Uc remedtes permitted by the <br />Savrity lassnrmelit. <br />BY SIGNING BELOW. Boyrowa aeacepta, and agrees to tare rermb and pnovotum %amianed in thn 1.4 haamly Ytader <br />n. ,r'7 /1 <br />.4rr�'�• � tscal► <br />an el P. pitaino - 01'r it "f <br />hw t seal f <br />14011y,J. C in <br />WARM M NMU FAM — ft @11111 111MU1 atltila NU 1100011111 tatlraataat <br />FWM V90 <br />l <br />rl � . <br />i seal) <br />Itur orw <br />i <br />aaan= <br />Li <br />r <br />I <br />