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,.. } - -y � � � ;�I 1•4 FAMILY RIDER_ $9�" 10603t► � As�ma�t ot Raats THIS 1-�/ RAMA.Y RIDER is m�de �his 27thday of October , i9 89 , aod is Incomoealed i�ro �nd sh�l) be decmed to xmend u�d supplement the Mortgage. Deed of T�ust ar Security Dted {tbo "Secudty In�wmenY') of the same d�te glven by the u�dcrsignai (the "Borrower") to securc F3oROwe�'s Note to : Equitable 6uilding end Loan Assaciatian 113-118 N. Loeust, Grand Island, N�e ••Lender") of !he same date and cavst�iag iha ptu�.rty drscribal in ttic Sccurity I�strument 'and locatecf at: � ; 424 North Orlean�RO�r'�v�dyroC��and Island, N� 68803 1.4 FAMILY C(INENANTS.In addition ta the covenants and agreemems madc in the 5ccurity Inswment, Borrower and I,encfar �iutber mveaant and agne as follows: , . A. USE OF Pl�1PEilTY;COMPWANCE WITH LAW. Borrower shali not seek, agree to oa rr.ake a change in ihe ' c�se of the Propetty or its zoning rlassification. unless Lcnder hus agreed in writing to the change. Scrctower shall cumply with alt laws. ordinaaces, tegulations and requiremen�s of any govemmental body applicable to the Property. ' g. �iT$a�tpll`�A7'� LI�1"��. Cxce�,t a� �teuuitt� by feJC�a{ iaw, Goirower sha�l not aliow any licn infcrior to the ' - Secarity InsWment to be perFected against the Property without Lender's prior written permission. C. RENT LO&S INSORANCE. Borrower shall maintain insurance against rent loss in ad�ition to the other hazards for which insnraace is requind by Uniform Covenant 5. � , D. '•HU�tROWER'S RIGHT TO REINSTATE" DELETED. Uniform Covenant 18 is defeted. . E. ASSIGNMENT OF LEASFS. Upon Lender's request. Borrower shaU assign to Lender all leases of the Property �:;_ � snd all security deposits made in connection with leases of the Property. Up�n the assignment. Lender shaU have the ;�;.. right to modif�. e�ctend ar termi�nate ihe existing leases and to execute new leases. in Lender's sule discretion. As used in � _`_ this paragraptt S. the waid "lease" shall mean "sublease" if the Security Insttument is on a leasehold. �;__ - : F. A55IGNMENI' OF ItEtV'i'S. t3orrower uneon�itionai'ry assigns and t�sfers to i.endcr aii inc rcni� �,ri; �e.e„u� - of the R�operty. Borrower authorizes l.ender or Lender's agents to collect the rents and revenues and fiereby directs each ;. tenant of the P�+operty to pay the renu to Lender or i.ender's agents. Howevcr, prior to Let�der's Noticc to Borrower of Boaower's breach of any wvenant or agreement in the Security Instrument, Borrower shall callect and receive all rents and nevehues af the Property �s trustee for the benefit of Lender and Borrower. This assignment of rents constitutes an � absalute assignment and not an assignment for :�dditional security only. If Lender gives nc�tice of breach to Borrower. �it all rents received by Sorrower shall be held�ti �ortower as trustee for benefit of l.ender oaty�. tu be applied to the sums secured by thc Se�ur:ty Instrument; (ii) Lertc�i shall be entitled tu calloct and coceive all of the rents�f ahe Property; and (iii)each tenant uf the Property shall pay a11 rents due and unpaid to i.ender or [.endet's agent on l,ender's wriiten demand to the tenant. Bormwer has not executed any prior assignment of the rents and has not and will not pertore�z any act that would prevent Lender fram execrising its rights under chis paragraph F. Lender shall not be.ceyuirod to enter upon, t.-�i'ce control of or maintain the Property before or after givin� notice of � btr,ach to Ba�rowu. Ndwever. Len:der or a judicially appointed receiver may do so 3c any time there is a breac�e. Any �..� application oF rents sle,alil not cnre as waive any default or in�alidate any other right or remedy of Lender. Th� assign- '�`" ment of.rents of the Prtze�rty shalt terminate when the debt secured by the Security lnstrument t� �aid in ful{. ;�� _ G.CROS�4DEFi�i�"LT PROVIS�ON. Borrower's default or breach u�v,fer any note or agreement in which LPader has an intetest s�Call be a breach under�tk� Secueity lnstrument and Lender may invoke any of the remedies pertnit^.�,3 by the ' Socuriry lnsttutnent. - BY SIGNINO BELUW, Borrower accepts anci a�rees to the terms and provisions eantainec3 ic�s!::s 1-4 Family Rider. . � � l"". ��l-. G�C�.. .�� `CE��/1`U.`'�. . . . .. .(Seal) Melvin K. Patter� ��8°"0'"°` .�.,..?J�7�-� .�:� ��•'�,,'Y��. . . . . . .. .(Seal) �-_----- Doreen P. Patterson ��eonowe� . .... . .. .. . .. . . . ... . . . .. . .. . ... . . ... . . . . ... .. . .. .. . . .. .(5ea1) .9«rower . .... . .. .. . .. . . . . .. . . . ... .. . .. . . .. .. . . . . ... .. . . . . . . . . . . .�St�� � •8arower ^ MYli1i1ATE i�� I�AMIIY MM6EM—i�f� MN+FMfir IihO URNM�M MliftNiMM �OR�!3�t4�QSS Q�� .a . . ..� <., . ., , . . r f kxrrt t7pp . . .. . . . .. .. , A.. .. �