89105419 - Laserfiche WebLink

Browse

■ FAMLY RIM 105419 A1111114111111112k Of fin" mm1.4akm" RzDm_i&mw&d&nth dim of October ad ii - - I info ad " be dwaid, J{S wim- �arid supplentatt do ?&n&W_.._Dga i CTru A -4-SON-ft- T3 -- - -- ox "10=4 bwWWO-) or dw saw, dwi0to by the undeniped (Ott "Bormwer") to Wu" "am"'s NW to Tho Equitable Building. and Losin,• ,Associati0n, Grand Island, Nebraska 0he dw ad covering idie peopees,-'Aftch Of *0 1W in the Security Instrument and lbeIRM 0' 4$9 East Dodge Street, Grand 1i a-and, ftbraske 68801 14 FAMILY COVENANTS. Im A141 . ii , 4 to the covenants and agreements made in the Security InitrumM, IkW"tf and Lader halux coveaant 'rgtnc ;tom Pillows: A. USE OF- IWMtn ; Ca"p.&%NCE WrrK LAW. Borrower shall not seek. agree to or make a choge in the Lender agreed in writing to the change. Borrower "I comply un of dw Pwperty or t %Wng ..'ltation. unless Len has wig all laws, ordirtaw4s, requirements of any govemmental body applicable to the Property. 'I . li. SWORMATE Fmcept -as permitted by federal law, Borrower shall not allow any lien inferior to the Security hwument to- be Odc6i!d against the Property without Lender's prior written permission. C. REKr LWS INSURANCE. Borrower shall maintain insurance against rent toss in addition to the other hazards for which inw=m is teVirml by Uniform Covenant S. D. •,&ORROWEWS RIGHT To REINSTATE' DELETED. Uniform Covenant 18 is deleted. L ASSIGNMENT OF LEASES. Upon Lender's request. Barmwer shall assign to Lender all leases of the PmWny and all gem* depc4its made in. connection with leases of the PWV"-. Upon the assignment. Lender shall have the fi& to nioilify, exwd or terminate the existing lease-, vA to euwc new twos. in Lender's sole discretion. As used in this paragraph E, the word "lease- shall mean -sublease" if *e-Seintz.ty Ingimment is on a leasehoW. F. ASSIGNNM OF RENTS. Borrower unconditionally ast�vi ard transfers to Lender all the rents and revenues of the Pro". Borrower authorizes Lender or Lender's agem; to collect the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's Writs. H0*r4%-_. prior to Lender's Notice to Borrower of Borrowers bmach of any covenant or agreement in the Security Instminem. Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lcwkt and Bortaw-er. This assignment of rents constitutts an absolute auipirwat said not an assignment for additional scw:rk. only. If LaxW gives notice of breach to Borrower. (i -Wiltents rived by Bom.wer shall be held by Borrower as trustee for benefit off Lender only. to be applied to the sums -wswed by the Security tnstrument (ii) Lender shall he entitled to collect zW receive all of the rents of the Properly; and'06) each tenant of tin: Property shall pay all rents due and unpaid to Lender oc Lender's agent on Lender's written demand to ft tenant. Borrower has not executed any prior assignment of the remas and has not and will not perform any act that would prevent I.Arider from exercising its rights under this paragraph F Lender *all not be required to enter upon. take control of. or maintain the Property before or after giving notice of breach W, Borrower. However, Lender or a judicially appointed receiver may do -so at any time there is a breach. Any application of rents shall not cure or waive any default or insi;Ndate any other right or remedy of Lender. This assign- ment of rents of the Property shall terminate when the debt 4m-.md by the Security Instrument is paid in full. G. CROSS- DEFAULT PROVISION. Borrower's default or breach under any note or agreement in which Lender lias w., interest "I be a breach under the Security Instrument and Under may invoke any of the remedies permitted by the Security Instrument. BY SIGNING BELOW. Bem7owt, accepts and agrees to the terms and proviiions contained in this 1.4 Family Rider 1 48i k. y .... . ....... Marlette E. Horky AWWM t-0 fAIND MKill - FMW N110140% VA9 MM MWMW ... ... I Seal) Iscal) os; %9 ,41 in to w. 3 40 v f9 ri i6 " - .. I . . - - . I , #