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<br /> • TN18 AB�GNMENT OF RENTB RIOHR 1�mad��nd�x�out�d thl� �4TH d�y of �p��R 1! 93 ,and 1�
<br /> Inoorpor�t�d Into�nd�h�ll W dNm�d to am�nd and�uppl�m�nt th�MoRq�pe or Owd of Trotl,hKNmR�r rd�nnd fo u thi
<br /> "8�ouhty Instrum�nt", of th��n�d�t�plwn by th�undanlpmd. h�r�In�R�► nhmd to�� th� "Bornowd'� to s�un
<br /> ' 8orrow�r'�Ind�dt�dnKS,MnIn�R�r at�rad to a�tM"Not�",to HOME FE�BRAL 8AVIN08 AND LOAN AB�BOCIATION QF
<br /> ORAND 18LANQ.M►�In�H�r r�tat�d to as th�"L,�nd�►",of tM�a�dab and oov�rt�p 1M prop�►qr duorlb�d In tfN 8�outNy
<br /> IM1Nm�nt�ad Ix�bd�1:
<br /> 1906 W. KOENIG� GRAND ISLAA�, NEBRASKA 88803 �
<br /> � WfTNES88TH: ���1'Adclrhs)
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<br /> WNEREAB,Borrowe and Lend�r har�apreed that�ny r�nt�ami proQts attributabf�to th�propMr ehould con�fltYb
<br /> addition�l s�curfty to th�L.�nd�r tor tM paymsnt of tM Note;
<br /> .� .. NOW.THERHFORE,It 1��pr�sd that the Ssaurity Inst�umenl�hwll b�ammd�d hanby a�d dMm�d to Inolud�th�foUowlnp
<br /> . Paovis�ons:
<br /> =:� YFd . .� 1. Asalanment of Renfa and Lender Rental Co1lecUon Riphis.Borrowe�he�eby absolutoly and unCOndiilOnally edsipOb all
<br /> rsnts, I�sua and profNs of the property to Beneflolary. Lender ahall have ths ri�ht, powe► pn0 �uthorlty durinp ths
<br /> continu�na oi the Sacurity Inst�ument to colleat ihe rants,Iseues and p�oflta of the property And of Any penonal propsny
<br /> ._t.�. loaated th�reon with or wilhout t�klnp poaseeslon of the property affeated hereby. Lend�r,however,hpteby conaents to
<br /> �� � '��4�I Borrower's colkotbn�nd�etentlon of auoh rants,leaues and rofits as the accrue and becoms o adle,so la as Borrower
<br /> .IL�_..' "54l` P Y A Y rW
<br /> '-���� a"�� %� Is not,At suah time, in default wlth ra t to a ment of an Indobtodn�ts a�aund hereb ,or In the pafamsnc�ot�ny
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<br /> �`1 � , < '_' apr�sm�nt hereundsr.
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<br /> �t�'"��•" 2. Anaolrt�iment of Heceiver• If A�y event of default In respeci to the 8ecurity Instrument shal l�have oocu�ed aad be
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<br /> �� .. ' :' .. .. 1,����1.;�: COMI11Y10 �
<br /> ;��H��� ��° �:�:..,..,+�k:,,;;:1 �,Lendar, aa a mstter o1�1Qht and wlthout notloe to 6orrower or anyone alAimi�under 8orrrnrer,and without
<br /> �::'Q-,.. • ��t��:��. • repard b the v�lue of Ihe tru91 eatate a the Interest ot the Borrower thar�in,shall h�v�a tM�i�ht to appty taany oourllNrvinp ,,; '
<br /> . . �!�;
<br /> .,: � ' .;.,��-�.; �wisdl�tlon to oppolM a recelver of the propeny.
<br /> ;;�, "��: :�:a',..''� '.'�?r.� 3. �;+��jt tQ�+os�eselon.in.case of default In tfie payment of the sald prfncipal Note or Int6rest,or.Any piirt thereot,as it
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<br /> �, - � ..,• ' e h a 1 0 m�t u r�,a i n t h e c a e e o 1 f a i l u r e t o k a e p o r p e r l o r m e n y o f t h e c o v e n p n t a o r a fl r e e rt�e n t s o o M p i n�d M t h e S e c u r l t y l n s t r u•
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<br /> �:,',�:_• ;�.,,.;'. ,( , }r . �nent, then the Lender, Ite ouoaesaors or asalgna,ahall be and fs hereby aul�horized and empowered to take Immedfate
<br /> �+,: y I �`'' ' possesaion of ihe eald premiaea the►eio deaoNbed and to oolleot the renis the►efrotn,and to a 1 1hs roceeds therept to tlw
<br /> ;` �,}�:�i'1n' i'�s�;Y�:e,yr� '�}7�ii?`r� �Y P . - �r"
<br /> +t!!`.�r.; :c�:;��• FtiQ� ' � • ,r PafrmeM of the Note. .0
<br /> . �.;>::�„•�� ,.:�n : -.. - i,. �
<br /> ..,-�-; �. '��s'�!last ai l�vs:s.l�suas a�d€':ali:s.�!C rsr.:s aat:acta�by Ler�dar or t:.s race{ver shaii ba a�piied first ics p,ayrsesi
<br /> �'•!;' �� � of ths oasts o1 ma�aymment of the property and colleotion of rents,includtnp,but�ot Ilmited to,recei ver's feea,premlums on
<br /> � receiva's bo�ds and reaaonAble attorney's fees,and tAen to the sums aecured by the SecurHy Inotrurnent.Lender and the
<br /> , § . " � � � r�calvw shall bs liable to accouM only for thoae renfs actually recelved.
<br /> ' `� • " 5. �onat[uetion of Provlslona.Epch ot lhe provialons contalned In thi4 Aasiqnment of Rente Rider and the Seourlty Inetru•
<br /> .. " " '.' ment eh�ll,unlsas oihe►wlse epeclflcally requlred,be construed in accordance with Nebraako law,and fn the event any .��,,
<br /> . '�• •• p�ovlslon henin or thereln contsined shdl 6e determined by a cou�t of competent Jurlsdlctlon to b�unmforcaable,the�am� `^'
<br /> �, . . sh�ll b�con�trusd��thouph tuah unenforaeable provlslon wer� not a part hsreof or thereof,
<br /> , 8. Effect of Rider.Except aa speciflcally modlfled by or inconslatent wlth thls Aeel�nment of Renta Rider or by any other
<br /> �' appllcabl�rldn,all of th�torms and provl�lohs containad in the 3ecurlty InstrurrwM ahpU contlnue in full forae and offeot.
<br /> ,;9':, ' ^h
<br /> �d; •. • ' IN WMTN�S$WMBf1�OF,Bor�ow0r has executud thls Assignment ot Rents RI r o/n�the date first noted ebovQ.
<br /> �.j' � .. : , , , � ry2.- �C�Yw.� �:
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<br /> . � • Borr�6qer
<br /> , � . LAF! :SC �( T I � � ,
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<br /> .,� � r�J�OLE P'1. SCHI�ITTower
<br /> . ., .. , '� . 8TATE OF NEBRASK,A) �+
<br /> . c�s:
<br /> COUNTY OF HALL ► °s
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<br /> :�:��' !:�� � ' On this.�d�y of SEPTE�IBER , �9 93,before me,the underslgned,a Notary Public duly commissioned and :��;°
<br /> ;.,;.�� . , , quallfl�d for a�ld county,personally came LARRY R. SCHnII TT AND JOLENE m. SCHIMITT, HUSBAND AND WIFE
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<br /> ' � _,to be the Identical person(s)whose�ame(S)Islare subscribed
<br /> '•V`'k� , ." '' � to the forepolnp Instrument,and helshefthey acknowledge the executlon thereof to be hls/herlthelr voluntary aot and daed. i�
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<br /> ��� ,�.��� Witness my hand and Notallol Seal at GRAND ISLAND� NEBRA5KA _T_ ___ '
<br /> ' �: � . satd county,the date oresaid: ' •
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<br /> . ; ' �., My Commleslon expfres: ������ i
<br /> w�me n� Oonis.Etp.Nor.23�1995
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