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90-107170 = - AMILY RIDER 10'7�k t o(Reeft . • + :• "fit'' nM 14 FAMILY RIDER is made this 10thlay of December '1990 , ad Is istxmrpotsMd Into trait eilsll be drromod to emend and supplement the Mortgage, Decd of Trust or Security Deed ' ;;.fir l,n; i1 (do "Secw'iry huournsnt ") of the some ditto given by rho undersigned (the "Borrower ") to secure Borrower's Note ") ") • The E nit ble guild n and Loan As c at�'on Gran Island bra ka (the "Lender wane Seeunty Instrument dad �ocate� at: of die and wvmO the property dose in time 1012 Claude Avenue, 4271 West Capital Avenue, 4263 West Capital, Grand Bland, No.�' == gin:; \crai- r.�.rA,..� -+. ' IPrOrMflr Adgrey4) •- 'r•i� +*.,..ran - r 14 FAMILY COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrowers, — �—�"'- " trait Larder further covenant And agree as follows:�"`D'`'�' fY�i1 1M! s A. USR OF IPROPIiRTYi COMPLIANCE WITH LAW. Bonower afield net seek, agree to or make a change in the F use of the Property or its zoning classification, unless Lender has agreed in writing to the change. Borrower shall damply r. ;'= ^ with all laws, ordinances, regulations and requirements of any governmental loody applicable to the Pmperl ±. ( y•_rY° .. ' B. SUBORDINATE LIENS. Except us permitted by federal law, 8%urow•er shall not allow any lien inferigrr it', the Security Instrument to be perfected against the Property without Lender's prior wniten permission. C. RENT LOSS INNURANCE. Borrower shall maintain insurance against rent la <s in addition to the ahem hazards s for which insurance is required by Uniform Covenant S.'= - ;•mss:: ' D. •BORROWER'S RIGHT TO REINSTATK' DELFTED. Uniform Covenant 18 is deleted. - -- �.., . h E. ASSIGNMENT OF LEASES. Upton Leader % request. Borrower slball assign to Lender all leases of the Property ;• and all security deposits made in conneciltn with lease+ of the Propeny. upon the assignment, lender shall have the right to modify. extend or terminate the existing leaso and to execute new leases, in Lender's sole discretion. As used in this paragraph E. the word ••lease" shall mean "�uhlcase ` d the Security instrunteni is tin a Icascho'w. �, ..,rl -11' - ^ -. G --r— F. ASSIGNMENT OF RENTS. Homrwer unconditionally u +signs and transfers to Lender all the rents and revenues A k;_,; of the Property. Borrower authorises Lender or Lender's agents lit collect the rents and revenues and hereby directs each tenant of the Property to pay the rents Ito Lender tit (.ender'+ agent% However, prior to Lender's Notice to Borrower of rents ; . ; Ar - Borrower's breach of any covenant tie agreement in the Security Instrument. Borrower shall collect and receive all •�.� "'�' '' F and revenues of the Property as trustee lot the henchr tit Lender and Borrower. Thi+ assignment of rents constitutes an :'`' ` absolute assignment and not an msignmenl Ior adduuroul security only t.r If Lender giver notice tit breach t+t litirrowet II I it rents received by Burrower hall he held by Borrower as trustee for benefit of Lender only, to he applied to the %um% %co tired h% the Security Instrument. (ii) lender .hall he entitled to " collect and receive all of the rents tit the Prti rt aril nut cash tenant tit' the Property .hall a all reins due and unpaid Ix y • , pay ' to Lender or Lender's agent an l.cndet's «niten .Icmand to the tenant. Borrower has not executed any prior a%signincnt tit the tents and has not and will not perform any act that would , prevent Lender from exercising its nght under the. I•arugruph F' Lender shall not be required to enter upon. table cq+ntrol tit tie maintain the Property hefore or after giving notice of T.- ..••.• broach to Borrower. However. Lender tir a Iudlcmall% .il p oinied receiver may do so at any time there is a breach Any `.'':,;. application of rents shall net care or waive any delauh or imalidate any tither right or remedy of Lender. This assign- �,,r a•.i,. .IY 1, ,i.. •• •.. meat of rents of the Property %hall iemunate when the dchi secured by the Security Instrument is paid in full. G. CROSS- DEFAULT PROVISION. Horntwcr -% default tut breach under any note or agreement in which Lender has �:. ,;:: ,.,: +,;; � &J _,;;•.:. _..',' <_: •�.• sus interest shell be a breach under the Sccunty Instrument and Lender may Invoke any of the remedies permitted by the Security Instrument. BY SIGNING BELOW Bomtwer accepa and agrees to the ieno..tnd provisions. contained in this 1.4 Family Rider. i• ;t . " :? . .(Seal( ,• ; • - David A. 11l ington ';� ,' .,.i, ",'`'`; a - �r • '•.... .(Seal) (`; r• ... .. Louiuc L. 1.11 ington Borrower ...................... (Sea)) • •onaMer ; . .......(Seal) • •Bafoww i 1 t MUMSTATE 1•4 FAWLY MOEA -- Faaale MNtRssdle Mao INItOrar Intdranust FORM 371010 86 4ti Y Fcym 1790