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I= 1.4 FAMILY RIDER is made this 16th day of August: .1989 . tied is imponied inb red shall be deemed to amend and supplement the Njortgage. Deed of Trust or Security Deed (the 'Iewity kw0wnW') of the same due given by the undersigned (the "'Borrower ") to so= Borrower's Now to Equitable Bu !Wlding 9 Loan Association Grand Island, NE (the "Laser ") afqg!t same dale Coming the property described in the S&wfty Imartiment and located at: 232 South Plum, Grand Island, NE 68601 q (PropeTy Addrem.1 1.4 FAMILY COVENANTS. to addition to the covenant-, and agrcenirms trade in the Security Instrument. Borrower and Leader further covenant and agree as follows: A. USE CW Pffg)rEM, COM PLL 4XCE WITH LAW &rmiydr shall not seek, agree to or make a change in the use of the Property or its zoning classiffcamm. unless Lender has igrftd in writing to the d=&e. Borrower shall comply with all laws, ordinances. regulations arid%, -m.quiremerim. of'an'y governmental batly applicable to the Property. 9. SUNORMATE LIENS. ExcW. as 06rmiffittl by federal law. Borrower ball not allow any lien inferior to the Security Instrument to be perfected agai nst the Fm&rty without Lender's prior written permission. C. REN]r.IA)SS INSURANCE. BowwrIt'-.sitA..inaintain insurance against rent loss in addition to the other hazae.6 for which insurance is required by Unifom-,Ctweffant 5. D. --BoRwwws RIGHT To RUNSTATV DELETED. Uniform Covenant 18 is deleted. E. ASSWINIENT OF LEASES. Upon Lender's requem.: Sorm., wer shall assign to Lender all leases of the Ruperty red all security deposits made in connection with leases of the Ptoperty. Upon the assignment. Lender shall have the dot to modify, extend or terminate the existing limum wid to execute new leases. in Lenders sole discwtion. As used in d& panyvo E. the word "tease- shall mean "sublease" if the Security Instrument is on a leasehold.. F. ASSIGNMENT OF RENTS. Iku rawer unconditionally assigns, and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Leader ur CAnder*s agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the writs to Lender or Lender's agents. However. prior to Lender's Notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instrument. Borrower shall collect and receive all rents ad revenues of the "tty as trustee for the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignments 63r additional security only. If Lender gives notice c( breach tit 9 ' or�ower: (0 all rents received by Borrower shall be held by Borrower as (kosw for benefit of Lender only, w be applied to the sums secured by the Security Instrument; Iii) Under shall be entitled to collect and receive all of ilia mrits of the Property. and Iiii) each tenant of the Property %hall pay all rents due and unpaid to Lender or Lender's agent an Lendek's written demand to The tenant. Borrower has not exacuW anp prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising i1to rights under this paragraph F Lender shall not be requirad to enter upon, take control of or maintain thg Pnvcrly b6ime of after giving notice of bwach to Borrower. Riuvav�cr. Lender or a judicially x� jlly appointed receiver m. do so at any time there is a breach. Any application . of rents ."I, not cure or waive any default or invalidate any cil wr right or remedy of Lender. This assign- ment of rent; t of the Property shall terminate when the debt scoured by -itr..Sccurity Instrument is paid in full. G. CROSS-DEFAULT PROVISION. Borro%cr's default or note or agreement in which Lender has an interest shall be a breach. under the Security lns:�,!nmt and Ixtider mr,,- oke any of the remedies permitted by the Scowity, Instranient. --ts to the terms and pnivotions contained in this; 1.4 Family Rider. SYSIGNING BELOW. Wmrower accept.4 ard' jgn, e . ....(Seal) Alvin L. Hetnminsssn': -Elofro*et 01 Ouf of � 47 0mriingsen -Bo,(o*er ... .. . ...........(Seal) Eforeowsf .(Seal) WMATE FMV rORM 3VID tG85 A 41J of