89105051 - Laserfiche WebLink

Browse

M F"ILY RFDM 105051 of OWS THIS 1.4 suAwy Rzu is mark this 20thdsy of Septemb6r Ip 89 i5ina-m-d- W-affidWokf-mipplefficht WciVoU7-ha-4-Security - -- (tk "Beatify Issaww") of dw saw date given by the undemigned (Ow .•lkwower") to secure Borrower's Note to the Equitable. Building and- Loan Association, Grand lslaad-;. Nebraska Obt "Lender of tie a deft and coming elite property described in the Security famuinent . and - I located at: 1143 North White-1835 West 12th Street, Grand Island,-Nebraska 68803 J. .1 : POWs, AWMSI 14 FAMILY � In addition to the coyim otS anil qRmgments made in the Sewrity Instrument, Bomwtr ad Lmda ,fteaw -AW 4PW #9 fell ift WS gmk, agree to of make'l chute. 'it A. t= W ( unless Lender has a xa¢rl-irl w } to the change. Bom .4%U' h... -wide all laws. Wkeces. regulations and requirements ement. of amp Or applicable to the Wo- w D. SUBORMATE LIENS. Except as permitted by federal law. Borrnxi*.rj-'*211 not allow any hem wfeni* to V C Security Instrument to be perfected against the PmWMP without. Lender's V64k."Afritten permission. C. RENT LOSS INSUItANCL B4)mjw.-t shall maintain insurance against tent loss in addition to the other haz*4 for Y*ich insurance is required by Unifitan Crivenant 5 "NOWKWXS RKM TO REINSTItn" DELETED. Uniform Cbx rant 18 is deleted. 1'k-iS%GNMWW Of LWASES. Upon Lender rtNuts.x, Borrower stat) to Lender all leases zxl' t Property Wd all security deposits rtul�+i in connezuell with It w.v aFft PriVerty. Upon the assignment. Lender shall have ft r4m to modify. extend or terminate 11W. existing leases and I r o exe.=4v new leases, in Lender's scAc discretion. As used in this puvgf*h E. the wcord ease" shzill mran "sublease** if the Security Instrument is on a leasehold. F. ASSIGNMENT OF RENTS. 6orrower unconditionally assigns and transfers to Lender all the rents and revenues of the Ptoperty. Borrower autMnzes. Lender or Lender's agents to collect the rents and revenues and hereby directs cKh tertmi of the Ptapity to pay the rents; to LWer or Lender's agents. lfowevcr, prior to Icrxkr*% Notice to Borrower of 8Qrrmwr*s breat:*,of any covenant cw agmnicnt in the Security Instrument. Borrower shall collect and racive all rents and RVCAUCS of & PWPLTI} 'a%. trustee for the henctit L4 Lender and Borrower. 'This assignment of rents constitutes an abooku atsipmew-wd rA.—A,alassignmcrit fur addittvn4, security only t!irC4_ U Lender V*if C icy H ur7o#er shall be held by Bwvwer as trustee far benefit of Urklit &dy.4L-"1hc swied to the wflis #,V- flo" WWumcnt- (ii) ..ender LJJ%'� c011al wd MCcive all of ftl�mm, is of the Prioperty. anti (i ' CJ�h kit-WA tTf de kjxtty shall pay all =ftv, (&e and unpaid to mWkx or Lendows agm -im Lender's wntfcn demw,14� lo the tenant Borrower has " executed any prior assignment 'di the rents and has rill ind will not perform any act that would prevent Under from "ffcising its rights under this paragraph F. . LCWCT Shall not be VCQOUW to Cnttt take conttol cif or maimain the PA perty Won: or after giving wice of bleeni► to Borrower. HowevOl, Under 6e a judicially appointed receiver may 116 in at any time there is a breach. Any aovftration of rents shall niA` uve'c of waive any default or invalPJAtc any olhter.n%�it or remedy of Lender- This assig". mWe of rents of the Privelly shall terminatt when the debt secured by the Security Instrument is paid in full. G. CRASS-I)EFAULT PRMISION. Hwowcr*% default or breach under any nine or agreement in which Lender has an., iAMerest A&H be a breach ituder the Security Instrument anal Lender may invoke any of The remedies pr.Tnnnsted by the Instrument. BY SIGNING HHAM, Borrower accepts and agrees to the terms and provisions coma cmvi'm this 1.4 Family Rider Ella May Gressol (seal) 1fkjwlh WE $4 "MY MW — bawd ra- f- W a we Will" 1011014111011411114 (Seat) .(Seal) Mir," FoRm 3tu v') -Its .Ask