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<br /> AL�iNMENT OF RENTS MIIDEII ' �� ���
<br /> THIS ASBf�ONMENT�BF RENTB RIDER i�m�d��nd�x�cuf�d thla 2�TM —d�y�f JANUARY ,�p94 ,�nd is
<br /> Incorpont�0 Into md�hNl W dwm�d to arr►�nd and wppl�m�nt th�Monq�p�o►ONd of Truat,h�nln�tfter nl�rnd to��th�
<br /> ��S�aurity Instrunwnt", of fh� t�rtM dat�piwn by th� uncNrtt�n�d, h�rqindt�r nt�rnd to as th�"Barowa"� to Ncun
<br /> ' Borrow�r'�I�bt�dn�s�,h�n�naft�r nf�rt�d to a�th�"Not�",to HOME FEDERAL&AVIPIGS AND LOAN A330CIATION OF
<br /> QRJIPID IBL/1ND.h�rNnatt�r niwnd to as th�"Und�r".�of tbe tam�dat��nd cowrl�p tM propr�ty d�sorib�d In th��curity
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<br /> Instrum�nt and looatrd�t:
<br /> — 1019 WEST 6TH ST., GRAND ISLAND NE 68801 _,
<br /> � _�---- -�..� lP�ap�ttY Addrasl
<br /> WITNESSETH:
<br /> WHEREAB,Borrow�r�nd L�ndsr hav��prMd that any rsntt and protfts attributabl�to tM proptrty ahouid comtitut�
<br /> additlon�l a�curity to th�lrnd�r ta th�paym�nt of th�Not�;
<br /> -_ = NOW,THEREFORE,it Is aprNd that th�S�curity inetrumsnt�hall M am�nd�d h�r�by and dNm�d to Ino�ud�th�foltowinp _
<br /> provisions:
<br /> - �. �slanment of Rants and Lendar Rantal Coliectton Rlahts.Borrower hereby abaoluteiy and unconditionally�itipns aii
<br /> rente, t�suss and profits of the propsrty to 8enefloiary. L�nder shall have ths ►ipht, powsr and authority durinp tha
<br /> continumcs ot th�Sscurity Inst�umsnt to coitsat ths r�nts,lseues and profit�ot the prope►ty and ot any peraonal property
<br /> locatad th�rwn with or without takinp posassslon ot the propsrty affect�d hsreby.Lends�,howsvsr, hsrsby consents to
<br /> — Bonower'e coll�ctior��od ntentlon of such nnts,issu�s and profita as th�y accrue and becomt payabls.ao lonq as Borrower
<br /> " is not.at such time,in d�fault with nspsct to p�yment of��y ind�bt�dness uaured h�reby,or I�the pertorma�c�of any -
<br /> . ��rNm�nt hsr�und�r.
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<br /> .�.°yi, • 2. Acootntment ot Receiver. If any event of defautt in respect to the Security Instrument shell have occurred and t�e
<br /> contlnuinp, Lsnder, as a matt�r of ri�ht and without notice to Borrower or anyone claiminq under Borrower,and without
<br /> ; t npard to the v�tue of ths trust sst�te or ths interest of th�Bonower th�reio,sh�il ha�ve ths riqht to apply to�ny court havinp
<br /> � � JuriWiction to appoint a recAfver of the property.
<br /> - --- ' -i 3. Rlaht to Poaaesafon.In case of default In the payment of the said princlpai Note or interest,or any pert thereof,as it
<br /> shail m�tu�e,or t�ths case of fafture to keep or perform any of the covenants or apreements contained In the 3ecurlty Instru-
<br /> msnt, thsn ths Lender,Ita succeasora or assipns, ahall be and la hereby authorized and empowered to take immediate
<br /> - '- posasaslon of tho sald premlaea therein deacribed and to collect the renta theretrom.and to apply the proceeds thereof to the �
<br /> :���� payrtwnt ot tha Note. -.
<br /> � ,�. 4. �looileation of Rents.isauga and Profits.Aii rents coiiec9ed by Lnnder or it�a rde&iv8r BitAii t38 sppil8d tlrsi io payr�snt
<br /> . w r��;;��'�';' ' of the coats ot m�n�yement of the property and cottectlon ot�ents,includlnp.but not Iimited to,recelver's fees,premiums on
<br /> 'r.�o��=..`.' r.� recelver's bonds and roASOnr�bte attomoy's fees,and then to the eurns secured by the Security instrument.Lender and the
<br /> � ,.=.�`�. ' rdcNver shatl be Ilabie to�ccount only for those rents actually received. _
<br /> .�...�-• � - •. • 5. Constructton of Provisfons.Each of the provislons oontalned in this Assignment of Rents Rider and the Security Instru•
<br /> •�•�`•:s���. � ment shall, unleas othe►wi8e speclftcatiy required, be conatrued in occordance with Nebraska law, anci in the event any �
<br /> ������ p�ovfalon heretn or therein contained shali be determined by a court of competent jurisdiction to be une�foresabie,the eame --
<br /> ":�±r•^������, • � shall be construed as thouqh such unenforceabie provfsion were not a part hereof or thereof. F,
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<br /> '.�:� � , 6. Effect of Rider.Ezcept as specificaliy modified by or inconslatent with this Asslynment of Rents Rider or by any other
<br /> -._ - �° :' � �� _ • �ppllcabi��ider.all of the terms and provislons contatned In the Security Instrument shall continue in full force and eftect. �_
<br /> �� s� �, ' IN WITNESS WHEREOF,Borrower has executed this Assfynment of Rents Rider on the date first noted above. �
<br /> •.R....•.. • •`'.{:\'�.�M1 /� —
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<br /> , �?`•`.`� �' '.""`" " DUNALD RAY JELINEK ,� rower �
<br /> °7'1"�,i:�.. .. �' ) �� , / �
<br /> •��wo,y'-•.� '� . �
<br /> w�.' �',,; - , JOLENE LEE JEL EK ✓ 8orrow
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<br /> � �''��� �" STATE OF NEBRASKA)
<br /> �."'''r�i�' '""
<br /> - ;"��` (SS:
<br /> �;;'—"vr�'"...�"�f. COUNTY OF HALL )
<br /> -'-�` l��,�r'��.•.'`� On this 28TM day of JANUARY ,�9 94 ,pefore me,the undersiqned,a Notary Pubitc duly commissioned and --
<br /> ''"".���"'" qualifi�d for�atd county.personally oame 017hm n pav TFi TniFK AND T�I FNF t FF �FI TNFK_ !-II ISBAND ANO
<br /> _-� y����,'���~ �. WIFE ,to be the identical person(s)whose name(s)Islare subscribed :
<br /> ,_� �.z--._,;-:: •
<br /> _.� -R `�•� �., to ths forpolnp instrumont,and hdshelthey acknowledpe the exeoutlan thereof to be hieJharlthelr voluntary act and deed.
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<br /> ,� ` ' �"� GRAND ISLANO, NEBRASKA =
<br /> � `;� Wltrnts my hand and Notarlat S�ai at -
<br /> in aaid cou y,the date aforeaaid.
<br /> — -�-- M��MM iil� ��.ts� oZ• �a�.�._ .,.
<br /> -- ��� Notary Public -
<br /> -- My Cortwniubn�xpir�s: vC'�. ?�l, l q 9 6 -
<br /> ��o pAe
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