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■r -M. loll 1 14 FAMILY RIDER Am4 p>c W of Beats THIS 1.4 FAM LY RIDER is made disl2th day of October , 1989 0011 is iacosIDraftil iaW aid 60 be deemeil to wner4 and supplement the Mortgage, Debd;of Trust or Security Deed {tit ' Seawily I of -the so= date giver by flee urAetsipeti (tire .'Barmwer.') to sewt+e Bomower's Note to Et�uit�bleyuildit> aPd m PLaotaY n As O f B uat ' or S_ ,Lmnd island ty Instrument afc k . 204 -206 East Ashton, Grand Island, Nebraska 68801 PoWty Andressi 1.4 FAMILY COMARM. In addifim to the covenants and agreements made.fn the aecgrity Instrument. Bonowes; gad I.eada fwdm covenant and agree as follows: A. USE OF PROPI M; COMl7.IAKE WM LAW. Borrower shalt ors: meek, agme to or make a change in the use of tie Property or its zoniag classification..unkss Lauder has agreed in writing to the change. Bcrmwer shall comply with dl laws. aWir aces, rrgu ttions and requirements of any governmental baby applicable to the Property. IL SUBORDINATE LWNS. Except as permitted by federal law- Borrower shall not allow any tier inferior tai t1& Semairy Ltstrument to be petfected agaL :,grthe Property without Larder's prier written permission. C. RENT IAW INSURANCE. Borrower shall maintain insurance against rwa toss in addition to the other hazards for which huaraooe is rtgWm. 'i$y. Ueif� vn Covenant S. D. "NOR11DOWS ItIGRLi TO RMSTATtE" DELETED. Uniform C•<cttant 18 is deleted. E. A [t irt111 i! tJ1r t i It .Upon Lender's request, Borrower shall a' *i}.-'r to Lender all leases of the "ail l and.* secwity deposits made in connection with teases of the Property. U;d;r,, '1L4e assignment, I.crrder " fiall hase'itri riSbt o modify, extend or terminate the existing leases and to execute new leases, in L.endees sole disct+eiif6n. As used ifm. this pa Wvfb E, the word "lease" shall mean "sublease" if tree Soon* Instrument is on a leasehold. F. ASSIGNMENT OF RENTS. Borrower unconditionally assign.; and transfers to Lender all the reacts and revenues of tie Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each NOW of the Pmperty to pay the rents to Lender or Lender's agents. However. prior to Lender's Notice to Borrower of Borrower's breach of any covenant or agnxmeni in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of vents constitutes an absoiule assignment and not an assignment for additional security only. If 1 rixter gives notice of bre-r ch to Borrower_ (i) 21W, nets received by !?:,r• xsmr shalt be help! by Set —wee: as truace for benefit of Lender only, ray he applied to the suers secured by the Security Itutnsment. (iii Lender sh40J tae entitled to Conant and receive all of the e'a'ts of the Property: and (iii) each ten;= of the Property shali:g'.ay all rents due and unBai(l. to Larder or Len&es agent on Lender's written demand to the tetuatc Bormwer has not execuW any prior assignment of the rents and has not :ltd. will nrn perform any act that would prevent Lender from exercisitrg its rights under this paragraph F. Leader shall not be requirrcd to enter upon. take control of or maintain jGir (jiti,perty before or after giving notice of breach to 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 invalidate any oilier right or remedy of Lender. This assign- ment of rents of the Property shall terminate when the debt secured by the Security Instument is paid in full. G. CROSS- DEFAULT PNDVISION. Borrower's defauit or [preach under any, note or agreement in which Lender has an interest shall be .a breach under the Security Instrument and Lender may invoke . any of the remedies permitted by the Security Instrument. BY SIGNING BEL X Borrower accepts and aj m rees to the ters and provisions contained in this 1-4 Family Rider. �'... (Seal) John . Taylor ee [Sea)) Eva I. Taylor -- .E ... ....... (seal) t Seal) tic. -ow rrlrtlliMiE U /Arl>r I�t — itaaif+ raalmliM ■err fMatlrnnr 100~0101 �Jr,t. 'l'iCJ d::WVA3'7 ;�75- Y � alOral6 =Q!!� •.t, °c:r I tlb rs� lMl ,j rw I i .....a