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90--.105384 <br />1-4 FAMILY RIDER <br />AIR 4pmmt d Moab <br />TIES 1-4 MMR- t' RIDER is made this 11thday of September . 19 gp . <br />cad 1B iaom powlid im o ad doll be deemed to amend and agoe neat the Mortgage. Deed of Tram or Security Deed <br />(die "Jeowky hWumenll of the saws date Riven by the undasipod (the "Borrower ") to saute Bonower's Note to <br />The Equitable Building sod Loan Association Gawo Island, Ndwaaka (the Adendrr.'1 <br />of tiro sastte dale ad ewming the prW arty dc&mW in the laurity iniument id bead W. <br />321 East 3rd i Uva. Grand Iel d. Me nuke GWI. mod 721 hest M. Gmd Island. <br />WNWIr A&MMI NdWRAlita 6111W <br />14I►AMILY COVENANTS. In addition to the envenoms and Wowtertts made in the Security lnitrumenl. Barr rover <br />will Lader father coveataat nod epee as follows: <br />A. tlW OF rRI1>r Wff; COMlLIANCE WITS LAW. Bot mcff shall not week, agree to or make a change in du <br />tree of Ow Pmp" ai its zoning classification. unless lender has agreed in writing to the change Borrower %Ball aontpl) <br />,onto silt 11alvtt. txtdetxK=. reguladom and reguwernews oA any governmental hldy a"Ite k to the Propctt). <br />1j. '.i OORMATE LWO. Except as permitted by fakral law. Hommer .hall rkv allow any hen inferior to the <br />Securky iusbument to be perfected against the Properly without Lender's prior written pernimmin. <br />C. RENT LMS INSURANCE. Bonowet .halo matwaun insurance against tent low in addition to the other hazards <br />far which hourlince is required by Uaifomt GwenAm S <br />D. "IIORROWEWS MIGHT TO REIN4TATIr" iTtF*n,F:TF>u. ltmfrrm l .tscnattt IM i, deleted <br />E. ASSIGNMENT OF LEA.SE.S. tlpon '1 -� Pjcr'% r4-gw%I, tit Linder all Ica%e% of the PrtTern <br />and all s4writy deposits made in cannahKin with I"w ,. %+t tltc Pngvrt» Upon the aw%%egnment. Lender +.hall have ttx <br />tight to toWify, extend or terminate rite eluting cvecute new Icaw% re lender's %ole d1w•rettun. At. used in <br />this Ql9ut►Rrap6 E. the word " Itawe" shall mean "whkaw it the security Init ura,:e rut i% tin a leasehold <br />F. ASSIGNAUNT OF RENTS. Wwrowtr urwio ditumaily awtgn% and inin +fen to lxnkr Al the rent% and rc%cnuc% <br />of the Property. Borrovvt authorizes Lender tor Lender',% agent, to collect the rent, and resenue% and hereby dimt% each <br />tenant of the property to pay the mntw to Len il" or I ewJa*% agent% However. ryn.x to !ruder'% Nitre it) W muter to <br />Bottower`s bt)each of any covenant or agreement to the %ecunty Instrument, li n r ....rf %hall co►Ilc.•t and receive all rent% <br />and teveaues of the Property as trustee fix the bencht to Lender Mod L MUV%er U11% assignment 1111 rents C111nStqutes an <br />absolute asaigtment and net an aswipunew, for addptonal wcunty ow'i <br />1(l gives aarxe d bleach to Btimda Acr (I) all rents rrrciveLi .,, Worn►wer %hall be held by B1rro%wer a% trustee <br />for brimik of Lender only. to bie ttp4rdin%t•vt;•,0rr %um% %1ti•u!n:11t h) tht a •tiv qtr -srozinwnt. tit) Lender %hall he entitled ut <br />c68a , ad receive all of the r+cmi- I dw.. PieVrrty, and ttoy. vr►h tenant tv trite PvtpcTti %hall pay all rent.% duw and unpaid <br />to Larder or lender's agent on i xaita x xr,-om dernand to the tenant <br />Bortuwer has not taeruted any tut the rent% acid has riot and will nim p%nfttrm any act that would <br />ptreveaat Leader from exewtsing its rights untter this paragraph f <br />laTytdetr shall trot be rods tmh* u;:, enter upttn. take tonin)l to ttr inatntwn the W%mrty helk4v %a alter s1%1ng nont.c tit <br />bvi4ich 10 Borrower. 1luwewer; L•sda %or a dudtroally AMointed receiver may *. w any moor there is a hnkh Any <br />applipoon of rents shall rid Cwtt Of wai%C any dctault of 1n%alld..dr #ni other right ttr rcnx , ttf Lender Thi% r%mlp- <br />oMw of riots of the Nntpt M droll terrininate when the deft %ccurcd h-, rite %ecurrty Instrument 1% paid to full <br />G. 1;'1,W S•DEFAULT PIEiWLSION. Bummer % default Aw hre kh undrt an% to.ttc tr agrremcni in which Under fta% <br />art okm w shall be a bread% wwt:-, the Secunty Imsaturornt and Lcrider nay m•tti,c• any t•l the remedie% penumW by the <br />• �sY lawumeet. <br />BY SMiNG BUAYW. 11im svwx atatupt-. aid agretw to the terms mW pet*%, moo r .• , ontanietl on rhos 1.; read* kW" <br />IL Y <br />j &1 �N �t�17 7�tl• <br />Gatndm G. Francis . <br />Q + Lc <.E1kr .. -fit... <br />Herliette S. Francis <br />w1un= N r~ ova w t' no maltes s on Oman omom M <br />R" P90 <br />t seal ) <br />W,orwt <br />t Seal ) <br />h +••me <br />(U- W) <br />ft nmio <br />iscai) <br />loo..a.� <br />1 t�1tr r �o •� ors <br />QC13 • . "' <br />07 <br />•t: <br />-i <br />