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� 1 � 89� 106'71� 1-4 �AMIL� RII)ER rAs�nm�nt of Ra�ts 7WS 1-� FA!►�.Y RIDER is made this 5th day af December , 1969 , �ad is incotpaated into and shall be deemed to amend and supplemcnt the Mortgagc. IXed af Tn�st ar Security Decd (the "Secucity Iastrument") of the s,�ttie date given by the u�dersigned (th� "Hurmwer") to secure Barrawer's Nate to The Equitable Building and Lo�n Asso�ietion� Grand Islend, Nebraska (the ��Lender") af the same date and rnvering the properry described in the Sec�rity Instrument and IocAted at: 2016 West 11th Avenue, Gra�d Island� Nebraska, 68803 and 2012-2012'� West 11th Avenue, iP��m aaareui Grand Island, Ne. 6A803 1�FAMILY COVENANTS. ]n addition to thc covenants and agreements made in the Security Instrument.Botrower and l.ender funher covenant und agrce as fallows: A. USE OF PR()P�ATY; COMPLIANCE WITH LAW. Bo�tawer shall not seek, agree to or make a change in the use of the Property or its zoning classifieation. unless l.ender has agreed in writing to the change. Horrower shall comply with all laws. ordinanc�s. rcgulations and requiremenu of any govemmental body applicable to the Property. B. SUBORDINATE L�NS. Except as permitted by federal law. Borrower shall not allow any lien inferior to the Security Insnvment to be perfected against the Property without Lender's prior written permission. C. RENT L06S INSIJRANCE. Borrawer shall maintain insurance ugainst rent loss in addition to the other hazards for which insurma is required by Uniform Covenant 5. D. '•BORRVIVER'S 1ttGHT TO REINSfATE" DELETED. Uniform Covenant 18 is deleted. E. ASSIGNMENT C�F LEASFS. Upon l.ender's request. Barrower shall assign to Lender all leases of the Property � ' and all socurity deposits made in connection with leases of the Property. Upon the assignment. l.ender shall have the � right to modify.eatend or terminate the existing leases and to execute new leases. in Lender's sole discretion. As used in ti 'r- ' this puagraph E, the word '9ease" shall mean "sublease" if the Security lnstrumem i� un a leasehold. ' E :T-� ::=- . F. ASSlGNMENT OF RENTS. Botrower unconditionally assigns and transfcrs to l.cndor al1 the rrnts and revenues �= �.� of the Pr�nperty. Borrower authorizes Lender ar Lender's agents to collect the rents and revennes and hereby directs each . - tenant of the Ptuperty to pay the rents to Lender or L.ender's agents. However. prior to Lender's Nutice to Bomower of • $orrower's bteach of any covenant or agreement in the Security lnstrument, Borrower shall collect and receive all rents : u�d revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of mnts constitutes an absofute assignment and not an assignment for additional security only. •� If I�ender gives norice of breach to Borrower: (i) all rents received by Borrower shall be held by Borrower as trustee - fot benefit of l.ender only, ta be applied to the sums secured by the Security Instrument; (ii) Lender shall be entided to � collxt aad re,ceive all of the rents of the Property; and (iii)each tenant of the Property shall pay all rents due and unpaid to l.ender or l.ender's agent on Lender's written demand to the tenant. ; Borrower has not eaecuted any prior assignment of the rents and has not and will not perform any act that would pnevent Lendra from exercising its rights under this paragraph F. : � Lender shall not be required to ente� upon, take control of or maintain the Property before or after giving notice of - � breach to Borrower. However. Lender or a judicially appc�inted receiver may do so at any time there is a breach. Any ��:ar�- � appljcation of rents shall not cure or waive any default or invalidate any other right or remedy of l.ender. This assign- � '•� � meot of rents of the Property shall terminate when the debt secured by the Security Inswment is paid in full. '��, � G.CROS.S-DEFAULT PItOVISION. Borrower's default or breach uader any note or agreement in which Lender has � , an interest shal! be a breach under the Securiry Jnstrument and Lender may invoke any of the remedies permitted by the �• - Securiry Instrument. $Y SiGNiNG BELQW, Bormwer 2ccepts and agrees to the terms and provisions contained in lhis !-4 Eamily Rider. : . . . .. ��. ./ . . . .. . . ... . .�� . .. . ... .. . . .. ..(Sea1) Norman Hayman � r. �B0"o�"e` . . ... ... ... . .. . . . . .. . . . . . . .. . . . .. . . ... . . ... . .. ..(Seal) •----T�"- .. . ... . . d�jrrower ' � . . ... ... . ... ... .. .. . . .. . . . . . . . .. . . . . .. . .. . .. . ... ... . .. ..($2�) , -Borrpwe� : � . . . .. . . . . .. . .. . . .. . .. . . . .. . . .. . . . . . . .. . . ,5�, . .. . . . . . . . .. .s«,�a, ti � MIULTItTATE N iAMtIY NOER--fa�fe MaikNOt�M�e Unfto�m Inttr�rmtnt FpRM a�ro,o-ss ,� y . . .o,.r.�a I�•�•rie.e-.Ftr...-.� �.... �. : kxrr�t79�"J ��,�oo pes otoa ,-..+�oa3s�-z��a `. „ ..,, " �