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<br /> ---- — • At�IGNMENT OF RENTi NIOER
<br /> THIS A881QNMENT OF RENTS RIDER is mad��ndox�cut�d thla 23 d�►y of� Navembor,�p 93 �,and I•
<br /> ° —_— InaorpotatW Into and shall b�dNm�d to am�nd�nd wppl�m�nt th�Mon��p�or DNd ot Tru�t,h�r�in�ft�r nt�►nd fo��ttw
<br /> _ - �t3�aurity�nttrum�nt , ot th� �arrw d�ts plvsn by th� und�rsipn�d,��nina►i•r r.t.rr� tu «c tha°Barrawvr",ta aacuro
<br /> — - . �.
<br /> Bo►rowK'�Ind�bt�dn�s�,h�r�lnatt�r nf�rnd to a�th�"Not�",to HOME FEDERAL BAVINGB AND LOAN A880CIATION OF
<br /> ORAkC ISLANO,h�nl�dt�r nhrr�d to�s th���L�nd�r",of th�aam�d�t��nd aowrinp Ih�prop�rty d�sarib�d In th�S�aurlty
<br /> _ i ��� Imtrum�nt arfd loat�d at:
<br /> � 1322 North Sherman PlacR� Grand Island� Ne 68603
<br /> (Prop�rty Addnat► ------
<br /> �.�;��'"�--`�� WITNE88ETH:
<br /> .. ���r, n Y ar`�^• ,.
<br /> �:�`;:;. . ``'.�",
<br /> :�xi�;,"�""';}{•. WHERE!►B, Bor�ow��and Lsndor hav�aprsed th�t any rents�nd profit� attributabl� to the property ahould aonstitut�
<br /> "� `;'�'"�''" �' �dditional s�ourity to th�Und�r for th�paymsnt ot th�Not�;
<br /> ��►.�.�.�� :;�
<br /> ���.
<br /> = '��+1��•��•• � �• NOW,THHREFORE,it ta�preed that the Security Instrument shNl b�ammd�d hereby and dsemed to Include the foliowinp
<br /> - � �`� provlsione:
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<br /> ��"��F '""'�' 1, sei�nmsnt of g@nts and Lender Rentai Co�lection R�hts.Bor�ower hereby absolutely a�nd unconditionatly assipns�11
<br /> '�� � .;%�.,.��. tenta, isausa and profits of the proporty to Beneflciary. Lender ahall have the riflht, power artd authority durinp the
<br /> ��
<br /> �}e�q,;: -�,;;�r'. '.,t,��`• continuanc�of the S�curity Instrument to coltect the rents,lesues and protita of the property and of s�ny perao�al property
<br /> . �y 7•. ixatsd thereon with or without taking posaession of the property affected hereby. Lender, howsver, hereby consenta to
<br /> �?..•,!�, . !� 6orrower's collection and retention ot such rents,issu�s and proflts as they acarue and become payabie,so Ionp as Bo��ower .
<br /> �'=�. .-`A, J ' ,� `� ia not.�t such time,In default with reapoct to paymeni of any Indebtedness socured he�eby, or i�the pe�formanco ot Any
<br /> �' ' � ��raement hereunder. -
<br /> .., �. ,:;.t... .- 2. Ao�ointment of Rec@Iver. If a�y event of default in reapect to the Security Instrument sha�i have occurred and be
<br /> �.'�•-`•=`�'r" ""�'� � continuinq, Lender,as a matter of ri�ht and vAthout �otice to Borrower or anyone claiming under Barrower, and without -
<br /> ':�.`•{','`�:�!'','�;, regerd to the vatue of the trust eatete orthe interes!of the Borrower therein,shall have the ripht to apply to any court havinp
<br /> , ,��"�.�;;, �-�: juriadlction to appotnt a recelvar of the prope�ty.
<br /> ��.�:�•r.r•.;�• .,•i -
<br /> '�:'`�� ' ' � 3. Riaht to Possesalon.In case of defauU in the payment of the sald principai Note or intereat,or any paft thereof.as it
<br /> � i�..,-.�:�.f';..,".,:•,,,;:
<br /> ' �� '' ,;•,�.?�',.� sha�l mature,or in the cASe of failure to keep or perform any ot the covenants or ayreementa contalned in the Seaurity Instru• -
<br /> ti:',�"�:{�':'�,".;i`;�'�. '' ment, then the Lender, Its successors or assipns, ahall be and is hereby autho�ized and empowered to take tmmediate `
<br /> ,',�':: :•,;. �,, .,.� .;
<br /> �, •�,•,r;ti,,;��. ..���;'il.:',; posaession of the aald premieos therein described and to col�eat the rents therei�om,t�nd to apply tha proceeds thereof to the
<br /> ' '.;;�;�,':}:;�«;''.�: payment ot the Note. �
<br /> � ;�i�;;�..-:.•�iR�i';1i;'��''Y,'. --
<br /> .. .::i[t.:'�':?i�'t::.�..�.•..:: 4. Anuf�{ttfon�f Rflnts.Issues i►nd Profits.All�ents Collected by Lender o►the receiver aha�l be applled tirst to payment
<br /> - =�,-;��;��,;r^•,��,;,•�. �,, o��hB COai�oi manaynriw��i cii it�n Nriip6rty t�i�i�vGii6cti011 Oi F6i�t6,inaludin�,b�i not{i�n{ted i�,reu8iv��'s�aas,premiutns an =
<br /> � '�•��� `%'.�;��:`.;' �eceiver's bonds and reasonablg attorney's fees,and then to the suma secured by the Security Inetrument.Lander and the �
<br /> ``�''.,�;';c" , recefver shali be Ilabie to account only for those rents actuaity received.
<br /> ,. , 5. Construation of Provisions.Eaah of the provisions oontained in this Assignment of Rents Rider and the Security Instru•
<br /> ' , . ' • � ment shall, unless otherwise specificaily required,be construed fn aacordance wlth Nebraska law, and In the event any
<br /> provlsion hereln or theretn contafned shali be determined by a oourt of aompetent Jurlsdlatfon ta be unenforaeabte,the same
<br /> 8hali be construed aa thouyh such unenforceable provisiv�were not a psrt hereof or thereof. _
<br /> � 8. ffect of Rider.Except as speciflcaliy modlffed by or Inconsistent with t is Assiynment of Rents Rider or by any other
<br /> � applfcabie rider,�II of the terms and provislons contafned in the ecurity Ins tument shall conttnue in fuli torce and eff�ot.
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<br /> ;~ .: IN WITNESS WHEREOF,Borrower has executed this As i rnent of R nt fder on the date firat noted above. -
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<br />�� �_�_�`�r cv���/ "
<br /> ',; . 1Te�ra . omp�owor
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<br />`� ,;:�rc,�, 3TATE OF NEBRASKA)
<br /> ;.. ' . . (ss:
<br /> � '�"r;s� COUN'TY OF HALL )
<br />, � � • ``•• 23 November 93
<br /> On this day of ,19 , before me,the undersigned,a Notary Pubiic duly commisatoned aed
<br />:'��,�:� '�r quallfied for safd county,personally came murray A. Thomnson and Debra Q. Thomnson. Husba�d
<br />� ' .',,., and Wife �,to be the Identical person(s)whose name(s)Islare aubacribed
<br /> `�' �`����" to the forapofnp Instrument,and heJsheithey acknowledqe t�e executfon thereof to be hislheNthetr voluntary act and deed. �
<br /> . '� ."•:rr:: -
<br /> - .. . Witness my hand and Notarfal Seai at Grand Island� Nebraska
<br /> - ' • _ in said cou ,t te for �d.
<br /> _ . {.. �rT��iM If NIIfiSki �
<br /> - •;.r..`:,. . . 10lMffi00DN�GHT
<br /> . ��+�.�=�'';" M1A■aEy.00t IB�I89S Notary Publlc
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<br /> – My Commisston sxpirea:
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