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<br /> ' ASiIONM[NT O!�IIENTi IUDRII ���"���a
<br /> TH18 A881QNMENT Af RENTB RIOER N mate�nd�x�out�d tAl� 28� day of 9EPTEIrIBER ,,,ip Qs ,,,���� ,.
<br /> � Inoorpa�t�d Into�nd sh�ll b�dNm�d to�mmd md suppl�xnt tM Mortp�p�or DMd of Trutl,h�nln�H�r nbrnd to�o th�
<br /> • "9�ounty IMirum�nC', of th� um�d�t�piwn by 1M und�nipn�d, h�rdn�fbr r�f�n�d to u tM "6orrow�►". to Moun
<br /> BorrowK's Ind�bt�dn���,h�rNruiftu r�f�rced to as th�"Not�"�to HOM�FEDERAL SAVINOS ANO LOAN ASSOOIATION OF
<br /> GR11ND 181.AN0,hu�in�ft�r r�i�tr�d to a�thr"Lmd�r",of th�sanw dsu�nd cownnp fh�prop�rty dNarlb�d in tM 8�ourity
<br /> • In�trummt�nd loo�tsd at:
<br /> � 203 EAST DIVISION, GRANU ISLAND NE9RASKA 88801
<br /> '" �pro�»r�r Aedr..q
<br /> • WITNEBSETH:
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<br /> ;,y y,�;,�.�.�� � WHERE/►S,6orrowsr and Lsndsr hav�a�re�d that�ny rent��nd protit�attribut�bl�to th�p�opsrly should oomtltut�
<br /> • , lidditlomi s�curity to ths lsndsr for ths payms�t of th� Nots;
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<br /> •:�������rA:<<;��� NOW,THEREFORE,It I�aprssd th�t th�8�cu�lty Indrurtwnt�ball M�m�ndsd h�r�by and d��m�d ta Inelud�th�lollowlnp
<br /> � �': �; proviNais:
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<br /> � "�` 1. Aesl�nmant of Rente end Lender Rental Co�lectlon Rlpt►ta.Bo�rower hereby abeolutQly and unCOnditlonplly Aeel�n�1111
<br /> � �"ti���•���'��"'m v ants, luuee and proflts of the propeAy to Beneflclary. Lender shall have the rlpht, power and euthorlty durinp the
<br /> ,�.1,�: �::i�V:
<br /> „.��� .f��- "•:: <,' �����• contlnu�nce of the 88ourity Instrument to collect the rents,lasues and proflts of the property and of any peraonal property
<br /> �r�..r.
<br /> '�;-.;,���� a���+•.:-�:T`""�(�;'��.,,,; IoaAted thereon wlth or without takinp posaessbn of the property alfected hereby.Lender,however, he►eby conaents to
<br /> ,, r �t,;',y; ,`�f�i'�,;' ,n-r, 8or�owM's oolisction and retention of such nnts,tasues and proflta as they acc�ue and become payable,so lonp as Bo►rowsr
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<br /> ,�;r�• ;�•;�w�;�;� le not,d suah tJme,In dofault wlth raspeat to peyment of any Indobtednese seaured hereby,or in the perform�nae of my
<br /> � .� • ���;s�e`•� apreemmt hereu�dar.
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<br /> :�. ;�*,� .':��'G;,;�:y;°�s;;� 2. Annolntm�at of Receiver.H any event oT detauN in reapeat to the Socurity Instrument shall have ocaur►ed and be
<br /> ;'°�.��::�.� �''"'+� � ��,� conl8nul 1.ender ae a matter of rl ht end without noilce to Borrower or en one clalmin under Borrower,and wlthout , �:
<br /> ��••� ` �id��i,:c.:..,�.�. �81, � 9 Y 0 ��
<br /> ���.,, ;:..i �,.:`•.'�}'��,•'),�rt+���' ".a reyard to trie v�lue of the trust eatate or the Intereat ot the Bonower thereln,ehall have the�Ipht to apply to aoy court havinp
<br /> :'�`- � � ' ` � • urladlctlon to a olnt a recelver of the ro ert
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<br /> "'�: t'��.•. :' . 3. Jphf t�+fbasesslon.In caee of def�ult In the payment of the eatd principel Note or intereat,or any part thereof,as It
<br /> ,�'�•��•��'�' ^ � `'�''�.`� shalt rtwt�are,o►!n the caee of failure to keep or perform any o1 the oove�anta or apreements contained In the Secu�ity Inst�u•
<br /> �,.>::,�"�r:,•• -,,, �. ,�, �n:;�+'�" ��'
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<br /> ,�;,,; _ . � �, ment, thero the Lender, Its successora or asalgna, ahall be and is hereby authorized and empowe�ed ta take ienmedlate
<br /> yf,;��:':;;�, ;�' '°•��',::"•�,;;;•''?;,.;,� posaesalon ot the eald premlaes thereln described And to cWlect the re�te therei►om,end to apply the proceede thereof to fhe � ^3
<br /> l 1l � :Y.pry���)� �
<br /> �i;'�'�'"�,:'. ��'��+'� paymant of the Note.
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<br /> `;`_,' _ f��;.`�::;�;.,:zu.ihll��1: /��:'�,�ti 4. eo�!lcatlon o!ReMs.ls9yes an�!Prollis.AN rente collected by l.ender or the rerseiver ehell be applled N�et to gsyment
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<br /> ��. .• .•,'��..;�,;:f;;�'.'';°'.':+.' ��. ot the costa of manaqement of the properly and collectlon ot rents,Inoludln�,but not Ilmlted to,receiver's fees,premlums on
<br /> ' i � ;'•�;';::,{;',,� ., recelve�'e bonds end reaeonable attorney's (ees,and then to the eume seourod by the Seourlty Inatrumant.Lender ond the
<br /> �• � . ' ''�.t;E;;G>;�� recelverehall be Ilable to account only /a thoae rents actually recelved.
<br /> 8. Conatruotlon o(Provlelone.Each of the provislons contpined In this Asnipnment of Rente Rider and the Securlty Instru•
<br /> " ment sh�10� unleee othervvise specifically requi�ed, be conatrued In accordan�e with Nebraeka law, and le the event any
<br /> . provlslon herNn or thereln contalned ahall be determined by a court of compatent Juriedlctlon to be unsnforcaable,the eam�
<br /> �. shall b�conttrusd as thouph euch uneMorceAble provislon were not a pa►t hereof or thereof.
<br /> �� ., 8. Ileet of Rider.Except as apeclflcaNy modilled by or Inconaletent with thla Asalqnment of Rents Rider or by any other " '
<br /> "S'' applic�bit rider,all of the terms and p�ovisiona contalned In the Securlty Inatrume�t shall aontlnue In full force and effect. .,,.�;,
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<br /> 'J t �� ; ., IN WITNE88 WHEREOF,Borrower has executed this As m t of RQnts d �o the date firet noted ebove.
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<br /> i• ., '����� �"" �� GORDON H. PEOERSEN �rrower
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<br /> j. :}i��'�- BO►IOWef
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<br /> ss:�,�•`•; , .,�� SFI4TE OF NEBRASKA�
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<br /> ��� ��'.°�i=..'�`•'';� ' On thla 28TH day ot SEPTEmBER t9 93 pefore me.the underslgned,a Notary Public duly commlasloned and � ��.:�,
<br /> � . ' ��'�``•�°''� ' quallHedforeAldcounty,personauyceme G_�Q4�LH. PEpEfiSEN, A SIf�CLE PER50N
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<br /> 'a � ' �. , ,to be the Identicat person(s)whose name(s)la/are subscrlbed �
<br /> ' '� to the forepoins fnst�ument,and he/she/they acknowledye the execution thereof to be hialherltheir voluntary act and deed.
<br /> ���' .��� � GRAND ISLAND, NEBRASKA .
<br /> , • Witnees my hend and NotaNai Seal at _. _—. .__—__ — _____—__
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<br /> ; � �_.__.______. irt s d CouMy,the dete af resefd. , .
<br /> + � ` �ar�wr�n a x- �d�`�f��� �
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<br /> .. My Commieslon explros: ��"�".�'p.�.23.1995 _,
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