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89105289
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Last modified
10/20/2011 1:09:40 PM
Creation date
10/20/2005 10:05:02 PM
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DEEDS
Inst Number
89105289
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r <br />r <br />1 FAMILY RIDER 83-- IL05288 <br />of Amts <br />T= 14 FANU MEA is trade this 27tt &y of. . September . 19 69 , <br />w It i.iew std doll be Aeented to weed ad suppliemm the Mort&W. Oced of Trust or Secu ity (Deed - - - <br />(dw "Seatcitlr 6ma m..) of the same date given by the undersigned (die "Borrower") to secure Borrower's Now to <br />Tfte Equitable Bgildirg and Loan AssoCietion, Grand Island, Nebraska (the "L+euder'.i <br />of elite sum doe and covering Via. Vmperty described in the Security Instrument and kxawd at: <br />520 West 11th Street, Gritid Island, Nebraska 68MI <br />tF'►op" AdMal <br />td FAMILY CUVENANIM. In addition to the covenants and agreements made in the Security Instrument. Bomawer <br />arad I fw&a t:u ana nt and agree as follows: <br />A. USL OF POW UM; COMPLIANCE WTH LAW: Btxnower shall not seek. ague to or make a ctia tge in the <br />oft of the Property or its toning classification, unlCss Lender has agreed in .writing to the change. Borrower shall comply <br />wi14 W laws, ordinances. rog dations and requirements of any goveaneneaftl body applicable to the Property - <br />N. SU N) RIMIA'iE LEENS. Except "as permitted by federal law. Borrower shalt not allow any lien inferior to the <br />Security Lowman to be ,perfected against the VWperty without I..etWer.s poor written' permission'. <br />C. RENT LOSS RNKI NCE. Borrower n)oali maintain insurance against rent boss in additiam.to the other hazards <br />"wbkb insurance is rtequimd by Uniform Covortutnt 5. <br />)D. "44044Ed'Yi IWS RIGHT TQ REINSTATE'' DELI D. Uniform Covenant 13' is deleted. <br />B. AAWNPAM.WWASES. Upon Lender's request. Borrower shall assign to Lender all leases of the Property. <br />and all react,#. depositri :arcade in cttrection with leases of (he Property. Upon the assigtuntnt. Lender shall have the <br />right to tttrnliil .t: esterd or tetminatt'i o existing leases and to :rie,.cute new leases. in Lender's sole discretion. As used in i <br />this poragTao E. the word "Tease" r r7il mean "sublease" if the, Security Instrument is on a leasehold. <br />F. AMGNi1dF.NT OF BENTS. Borrower unconditionally assigns and transfers to lender all ft tents and revenues <br />of the Property. Borrower authorizes Lender or Lenders agents to collect the rents and revenues and: beteby di=ts each <br />teltaant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's Notice to Bormwer of <br />Born ones bmwh of any covenant or agreement in the Secuniyz Instturnent. Borrower shall collect and receive ulJ, rents <br />and revetads 4 the Ptc+operty as trustee for the benefit of Lender and Borrower. This assignment of rents constitutes an <br />absWe a assipment sad. rxot an assignment for oidllitignal security only. <br />If Lender gives rrotiu` 'of breach to Borrower: -0fl all rents received by "wer shall be held by Borrower as trustee <br />fell benefit Of, tender only, to be applied to the sums secured by the Security Insfume.!rt; (ii) lender shall be entitled to <br />collect and mccive all of the rents of the Property; and ( iii) ejach tenant of the Property. *Ml pay all rents due and unpaid <br />to Lender or Lender's agent on Lender's written demand to dx- tenant. <br />Boirrower has not executed any prior assignment of the rents and hay' rsvit, and will not perfOrIM. cozy act that would <br />*gent Lender from exercising its rights under this paraguo, F, <br />Derider shall not be required to enter upon. take control +af or maintain the Property Word or 9ter giving. rwfxe of <br />breach to Burrower. However. Lender or a judicially appointed receiver may do so at arty time tie, +e is a brewh - Any <br />application of rents shall not cure or waive any default or invalidate any nher right or remedy ofd Ti.. mkr. This assign- <br />onent of rents of the Property shall terminate when the debt secured by tdia Security Instrurnen.e n5 paid in full. <br />G. CROSS - DEFAULT PROWSION. Borrower's default or breach under any note cx agreement in which Lender has ; <br />an interest shall be a breach under the Security Instrument and Lender may invoke any of the remedies permitted by the <br />Security Instrument. <br />BY SIGNING BELOW, Borrower accepts and agrees to ft, terms and provisions contained in this 1.4 Family Rider. <br />...................... .. i.?'....- .................... <br />Frank E. Kolar sorror <br />............ .......... .. ......... ........ (Seal) _ <br />t3onmer <br />1 <br />..................s..... (Seal). <br />t;vxrower <br />.. ........... (seal) <br />LEIOr'Ca�M� <br />• r, � r <br />fMMIltT n LI Mrit11 NgHt -- raaata Maa.'irdNG teat WIN Ter Umm F(yFM 370 +n, <br />ice ;- 'm Cd f f,C: ekrs E?•srr::•I <br />FofMTA") `r 1 _aooarfaaassrAw*ray' +naaasaassa <br />M <br />
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