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<br /> -----�''�s°�`�'� � AtfiONMENT OF RENTS RIDRR "�� ��
<br /> _ � THIS A881CiNM�NT OF RENT3 RIDER Is mad��nd�x�aut�d thls 24TH d�y of NOV E(�'IBER �» 93 ����s
<br /> _ ' Incorpor�t�d into and shall b�dNm�d to am�nd and suppl�mrnt th�Mortpap�nr Ds�d ot Trutt,henlnait�r rsf�rnd to�a tlu,
<br /> -- - -_- --_.�_.._. "&.�ee�tlty lr�etn�+nent", ��the e�me�r.te_iren t�y the��n�eask�n�, h�•in�lcsr nhrno to sa tM "Borrow�r". to Ncun
<br /> - Borrow�r's ind�bt�dn�s�,h�ninaft�r nf�rnd to as tM"Not�",to HOM�FEOERAL SAVINCiB�►NO LOAN AS30CIATION OF
<br /> ` �RAND ISLANO,h�rNnaft�r nf�rr�d ta as tho"L�nd�r",ot th�um�dat�and cowrinp th�prop�rty ds�crlb�d in th�S�curity
<br /> ---- In�trum�nt and low�t�d at:
<br /> -.=���' .��t� 119 UlfST 11 TH ST., GRAND ISLANO NE 68801
<br /> �� (Pro�rty Addnts� ^
<br /> . ��� Wi7NESSE7H: �
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<br /> - WMEREA3,Borrow�r and Lsndsr have ayreed thAt a�y reMe and proflts attributabl�to tho prop��ty shooid�sonstitut�
<br /> `:_�� � �� � � '� additionat s�curity to th�L�nd�r for thQ p�ymsnt of the Note;
<br /> �''�';� NOW,TNEREFORE,it is�praed thAt tha 8aauNty instrument ehali be em�nd�d her�by md dsam�d to include the b1lowUp
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<br /> �'�.,�'�-_°r��f�,� pc�ions:
<br /> ; ;�;pY`����' " ' 1. Asa{pnment of Rente�nd Le der Rental Cottectlon Hiph�t ,Bo�rower hereby absolutely and unconditiona�iy aaaiqns all
<br /> * � �� r�nts. lesu�s and profits oi the property to Beneficiary. Lender aheli have the ripht, power and authority durinp the
<br /> �� ' <:'��.:.-.�:,?.;,r'i� continwncs of the S�curity Instrument to collect the rents,lasuea and profits of the property and of any person�l property -
<br />- - =r�-�'�.��. ' locatcd thereon wtth or wHhout takfnfl possession of the property affected hereby. Lender, however,hereby consents to
<br /> • � � �r��'�� Borrow�r'a collectlon and�etention of such rents,isauea and profita as they accrue and become payable,so lonp aa Bo��ower
<br /> �:, . .,,w.�Y .` is not,at suoh time,in ddau�t with rsspeat to payment of any Indebtednesa secu�ed h��eby, or In the performance of any
<br /> �F;r�_;,: ,° -. +prNn�nt hereund�r. -
<br /> �� ��%'�i � ' � 2. A000tntmsn of Receiver. If an event of dehu�t in�espect to the Securlt Instrument ahatl have xcurred and be
<br /> • � . . • Y Y
<br /> � � conti�uinp, Lendsr,as a matter of rlpht and without notice to 8orrower or anyone clalminp under Borrower,and wlthout -
<br />. •.�; rspard to the value of the trust estate or the fnterest of the Bor�ower theretn,�hail have the ripht to apply to any court havinp �-
<br /> • Juriadiction to appoint a rocelver ot the prope►ty.
<br /> � � _ 3. �ht to Posaesaion.in�ase of default in the payment of the said principai Note or intereat,or any part thereof,as it .,
<br /> � shalt matur��or in the case of failure to keep or pertorm any cf the covenante or e9reements contained(n the Security Inetru• _
<br />_ - �.:. ment� thsn ths Lender� it�auccesaors or assipns,shall be and Is hereby authorized and empowered to take immedlate �
<br /> ' �"��� "'� "- . poaseaalon of the said premises the�eio desaribed artd to cotlect the rents tharofrom.and to�ppiy the prxeeds thereof to the �
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<br /> , , � paym�nt of tha Note. �-
<br /> w � 4. aoolioation of R@nts.Issues aed Pro}Its.All rente collected by Lender or the receiver shall be applied tirst to payment
<br />-- -- ,-�`�°—•=`-'-•�- o!!he cotla of enasta�asrtcnt o!!!�e proparty snd co!!ecltor�o!rants.!ncladtn�,b:si noi!lmlte�to.:ccelYePs ise�,prsmlum�on
<br /> �� � � recefver's bonda and reasonable attorney's fees,and then to the sums seaured by the Security�natrument. Lendsr and the
<br /> „' ;;-�:�. , . receiwr ahalt be tlabie to eccount only for those rents actualiy recefved.
<br /> ,. 5. Construction of Praviaions.Each of the provislona contained in this Asslpnment of Rents Rlder and the Security Instru-
<br /> ment shait, unleas othervulae speaificaity required,be construed In accordance with Nebraska iaw, end tn the event any �„
<br />!,::,. • ��,�;;,,,� provision herefn or therein aantafned shaii be determined by a court of competent(urisdiction to be unenforceable,the same _-
<br />- , shali be construed as thou4h such uneniwaeable provislon were not a part hereot or theruof.
<br /> _'� " , � 8. Etfect of Rider.Except as epeclficelty modified by or inconsistent with tMs Assipnment of Rents Rider or by any ather =
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<br /> applicabis rider,ait ot the terms and provisions contatned in the SecurEty Instrument shtti continue in fuil fwce and o(feCt. �`
<br /> �'�� , IN WITNBSS WHEREOF,Borrower has executed this Aasiflnment of Rent Rider on!he dote first noted abmre.
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<br /> ' OAVID G. BAUERS eorrower
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<br /> LUCINOA L. BAUERS 6orrower ��
<br />=� � �. , STATE OF NEBRASKA) _-
<br /> �;r.,�' �'�`� �, (ss:
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<br /> ,•. COUNTY OF HALI )
<br />: '"` ' 24TH NOUEmBER 94 4'�
<br /> " On this day of 19 before me,the underslgned a Notary Public duI commiesioned a�d i-
<br /> �.w.~ ' ' qudifi�d for sald county,personatly came DAUIO G. BAUERS AND LUCINOA�L. BAUERS. HUS�AND AND WIFF =
<br /> �... :�,°.�- ' ,to be the identical person(s)whose n�me(a)ialare subacribed ���
<br /> '� to th�toropolnp lnatrument,and he/shelthey acknowied�e the executlon thereof to be hls/hedthelr vnluntary act and deed. '-
<br /> � ��`;t41�+:eo�s ' ..
<br /> Wit��ss my hand and Notarial Seal at GRAND I5LAND, NEBRASKA
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<br /> - �°�yM�;.'���'":�;�;�.�' in aid t ,t date a =
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