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_ I � � x� - g9.-� 106828 �� .��.� �� � a��t � ��S - I`�ilS 1-4 FNNfIL7l RIDER is made this 15thday of December . 19 89 . aod ia inootporat�ed inio and sh�ll be deemed to amend and supplement che Mortgage. [ked af Trust or Security Deed (the "Securlry Inaownent") of the same date given by thr undersigned (�he "Hurrawer"1 to secure Borrowet's Note ta The Equitable Building and Loan Association Grand Island, Nebraska (�he ••Lender") of tbe s�me dau end covering the property described in the S�ecurity lnstrument and located at: 51d North Pine, Grand Island, fVEbraska 68801 � (Properry Adtlress� ,' !�FAMILY COVENANTS. in addition to the covenants and agreements made in the Security Inswment, Borrower and I.ender fwther covenant and agrce as follows: A.USE OF PROPERTY;COMPLIANCE WITH LAW. Barrower shall not seek, agree to ar make a change in the use of the Ptoperty or its zoning classification. unless L.e�der has agreed in writing to the change. Borrower shall comply with all laws. ordinances. regulations and requirements of any gavemmental body applicable to the Property. " B. SUBORDIIVATE LIENS. Except as permitted by federal law. Borrawer shall not allow any lien inferior ta the ' Secnrity Inswment to be perfected against the Property without Lender's prior written pertnission. C. RENT LOSS I112SURANCE. Borrower shall maintain insurance against rent loss in addition to the other hazards for which insivance is �equired by Uniform Covenant 5. D. `•BORROVI�R'S RIGHT I'O REINSTATE" DELETED. Uniform Covenant 18 is deleted. E. ASSIGNMENT OF LEASFS. Upon Lender's request, Horrower shall assign to l.ender all leases of the Property . and all security deposiu made in connection with leases of the Property. Upon the assignment, Lender shall have the • right to modify.extend or terminate the existing leases and to execute aea� leases, in Lender's sole discretion. As used in + this paragraph E. the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. ' ` � ,_ �- F. AS,SIGNMENT OF RENTS. Borrou�er unconditionally assigns and transfers ta Lender all the rents and revenues i:�--. of the Property. Botrower authorizes Ixnder or lxnder's agents to collect the rents and revenues and hereby directs each ' tenant of the Pr+�perty 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 agreement in the Security lnstrument, Borrower shall collect and receive all rents - ' and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of rents canstitutes an _ absolute usignment and not an assignment for additional security only. _ ' If Lender gives notice of bmach to Borrower: (i) all rents received by Borrower shall be held by Borrower as trustee '� for benefit of L.ender onl�+. to be applied to the sums secured by the Security lnstrumenr (ii) Lender shall be entitled to ; collect and receive all of the rents of the Property: and (iii)each tenant of the Property shall pay all rents due and unpaid � � to I.ender or Ixnder's agent on Lender's written demand to the tenant. • Borrower has nat eaecuted any prior assignment of the rents and has not and will not perform any act that would r prevent Lender from exercising its rights under this paragraph F. E . . ' Lender shall not be required to enter upon. take control of or maintain the Property lxfore or after giving notice of , breach to BorroKer. 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 defau[t or invalidate any other right or remedy of Lender. This assign- =— , ment of rents of the Property shall terminate when t�e debt secured by the Security lnstrument is paid in full. �:�.'.. ' nr� G. CROS.S-DEFAULT PROVISION. Borrower's default or breach under any note or a�reement in which Lender has • an interest shall be a breach under the Security Inswment and Lender may invoke any of the remedies permitted by the . Seca�rity lnswment. ' " BY SiGNIIvG BELOW. Boaower accepts and agrees to the terms and provisions contained in this i-0 Family Rider. .�G.�!'�.�.. !::".'�. .. ... . ... ... . . . .. . . .. .. . .(SeaU Danny Gene Milier �-eo«owe� . . ... .. . . . . ... . . .. .. . . . . . . . .. . .. . .. . ... ... . . . ... . .. .. ...(Seal) Borrower :_--