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<br /> ASSIGNRlENT OF RE�1TS RIDER
<br /> � ��?S ASSIGNi�A�NT O��ENTS RI�ER is made and executed thls�N�—day oi JUNE ,tg g3 ,and Is
<br /> ;n�: ,�per?te�into<nd shalf 5e deemed to amer,c!and suppiement the Mar4gage or Deed of Trust,herefnafter referred to as the
<br /> ��`;e.:u�i;y instrumer,t", of the same �7afe given by the undersigned, herelnafter referrecf to as the "Borrower", to secure
<br /> �orr�•v,Gr a indebtedness,herelnafter referred to as the"Note",to HOME FEDERA�SAVINGS AND LOAN ASSOCIATION OF
<br /> C��"dD iSLAN?,herbinafie�reiarred te as tt�e"Lend�?r",of the same date and cover+ng t�e property described in the Sacurity
<br /> ;rs'.rume�t 2nd {o�ated at:
<br /> 2620 LtEST KOENIG, GRAND ISLAf�;D NE 6880? _
<br /> ---�-�-- --- — (P:oparty Address)
<br /> !�';lTN�'SS�H:
<br /> r,"/HERtAS, BorrowPr a�d I_ender have agreed that any rents and protits attribut�bte to the property should constitute
<br /> ac'd:t"s�rsal security 4o the lender tar the payment of the Note;
<br /> ;��i•;,T�ERE�ORt,!i i�agreed?hat the Security Instrument shail be amended hereby and deemed to include the to{towing
<br /> cro•:is;ons:
<br /> 5. Assl�c�}^�en;of Rents an�l.ender Rental�4llection Riahts.Borrower hereby absolufely and unconditionalty assigns atl
<br /> 'pr;!{ IJjj�Ps and prctits of 4he proasrty tc Beneficiary. Lender shat{ havo the rig��t, power and authorfty during the
<br /> ccntiruar.ce e!thE;Security Erstrument ta collect !he re�ts, Issues and piofi!s of,he property and of any personal property
<br /> l��ca',�d th�reon :vi!h or withoui taking poss^�sion of the property afPected herehy. Lender, howe��er, harJby consents to
<br /> g�rrowzr':;:^`:?ec'ien and retention of such re�4s,issues and profits as they accrue and becoma payabte,so long as�orrower
<br /> Is �ot, ::` _;•:::� +im�, in defau!t wfth r�soect to paym�;n: of aRy Indebtedness s6cured hereby,or in the performance oi any
<br /> . agreernan: '-:2reundet.
<br /> 2, A;_:-_.tmer.t of Rece�ver. I! any event of default in respect to the Security Ins�rument shail have occurred and be
<br /> co�tiru�n�- __ender, as a ma:t2r of right and without not!ce to Borrower ar anyone ciaiming under Borrower, and without
<br /> rAdarC to t'�,-;valu°of ihe trc;st estate or the interest of the F3orrower ther�in,shali have the right to appiy to any court having
<br /> lurisdictir,n to a�point a rece�ver of the property.
<br /> ,,. R;g_.;__r:, PesSe,sion. !n case of dPfau{t iri the payment of the said principal Note or interpst, or any part the�eof,as it
<br /> shalE mat�. :.or in the cas�of fai',ure to keep or perform any cf the covenants o�agreeme�its contair,ed in thQ SecurEty Instru-
<br /> ' �rert, ;he� ;he Lender, its successors or assigns, shali ba and Is hereby authorized and empowered to take immedfate
<br /> � possasslon o`?he said premises therein described and to cotlect the rents iherefrom,and to apply the proceeds thereof to the
<br /> paymen± o` :he tiate.
<br /> � 4. Ap�licatior.cf P,ents.Issues and Profits.A11 rents collected by Lender or 4he recefver shall te applied fErst to payment
<br /> A of thQ cosCS ei rnanagemen4 of the property and collection of rents,�ncludfng,but not Iimited to,recaiver's lAes,premiums on
<br /> � ;eceiver's oor.ds and r9asonable attomey's fees, and then to the sums socured try tho Security Instrume�t. Lender and the
<br /> � rec�iver shalf bn Iiabie to account r,nly for those rents actually receivsd.
<br /> P 5. Construction of Provisions.Each of the provisions ccntained in this Assiy�rent of Rents Rider and the Security Instru-
<br /> ment shait, unless etherwise specificaliy required, be constru�d !n accordanco with Nebraska law, a�d In the event any
<br /> ,"��, provlsion he;e�n or therein contained shall be determined by a court of cemp2tent Jurisdic:tion to be unenforceable,the same `
<br /> � sha!I be construed a� thoug`� such unenfcrceabie provisio�were not a part here�oi or thereof.
<br /> � o. E'fect o(�ider.ExcEpt as specificaily modified by or inconsistent riith Ihis Assignment of Rents Rider or by any other
<br /> ,x
<br /> applica5(e rfder, ali oi the terms and pro4isions contafned in the Security Instrument shail continue in fuil force and e �ct.
<br /> � IN L`�ITNESS'�^1NERc�F, Sorrower h�,executed this Assignment of R s Rider on the date first noted above.
<br /> t
<br /> � 2'.�tlil/'�.C�
<br /> `� R08ER . LAWRENCE Bvrrower
<br /> � '� � .�nT'ZQh-'GQ
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<br /> � �ENNIF-. L. L �REN EBo�rower
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<br /> � STATE GF NEBRASK�)
<br /> (ss:
<br /> CQi1tiTY Oi= NA.LL )
<br /> O�, thls.___`.��."��day of J���`_ 19_g�_,be�ore me,the undersigned,a Notary Public duly commissloned and
<br /> quai;fied 9or sal� r,��ur,ty, personally came RO�ER t C. LRWRENCE Af�D JE(VNIFER L. LAWRENCE, HUSBAND _
<br /> �� �•.�'�I?_!�i�_i_E:.__.__._-_--__------------------------�to b�e the IJenticaf person(s)whose name{s)islare subscribed
<br /> tc ;-�e fore,d�r.g !ns!rum�nt, and hc�lshelthey ackncwledye the execut',on thereof to be hlslher/thelr voluntary act and deed.
<br /> '�� GR�ND ISLr,ND, i�EBRASKA �__
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