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<br /> MiWNMENT.OF IttNTi llioi� 1011�49
<br /> THi8 A681GNMENT OF RHNTS RIDER Is mad��nd�x�cut4d thl��� d�y of FEBRl1ARY ��� 94 �����
<br /> , Incotpotat�d Into�nd ahNl b�dNm�d to�rtNnd�nd wpplam�nt th�iNoR�p�a DNd of Trust,h�nlnatt�r nhrnd to�s tM
<br /> 'S�aurity Instrom�nt , of th�s�m�dat� �Iwn by th� und�nlpn�d. h�r�ln�ft�r r�1�n�d to�s th� "8orrow�r", to aaun
<br /> � ��
<br /> B�rrow�r'a ind�bt�dn�s�,h�ninaft�r ni�rnd to�s t�"Not�",to HOME FEDERAL SAVINOS AND LOAN A$80CIATION OF
<br /> . GRAND ISLAND,h�nlnattK��f�nd to as Ih�'�L�ndW".ot th�sam�ciab and cowrinp th�p►opaty d��orib�d In th�Srourfty
<br /> _ ___ In�trum�nt and loaat�d�t:
<br /> . �.����...��, �-
<br /> -- 4145 SPRINGUIEW DR.. GRA(� YSLAND NEBRASKA 68803
<br /> '�-- �Ptop�rty Addnis)
<br /> - WITNESSETH:
<br /> WHEREAS,Borrow�r and L�ndar hav� �prsad that any rents and profite attributabl�to tho property should con�titut� _
<br /> � ---�� additional Maurity to th�L.�nd�r for th�payment of th�Not�;
<br /> u �T -�._r,r,�.�� NOW,THEREFORE,N is aprNd that ttM S�aurity Inetrum�nt sh�ll W ammd�d h�raby and d�am�d to Include ths fot�owin� !-
<br /> � �� provislon�:
<br /> �����
<br /> — ___-���� �. Borrowsr heroby abeot��t�iy a�d uncondltion�lty aesipna all
<br /> - - -•`;, � nnt�, lasues and profits of th� props►ty to Bsneflciary. Lender shall have the ripht, power and nuthority durinp the
<br /> � � continuance of ths 3�aurity instrument to collsct th�rente� lesuea and protlts of the prope�ty and of any personai propeRy
<br /> r'���'�r� �� ixatvd thsreon with or without takfnp possaeelon ot the property afieated hereby.Lender, however, hareby conaents to �
<br /> ra:,.::� .... �.
<br /> =j�: • • Borrower's coilection and retention ot auch rente,lasuea and profits aa they accrue and become payable,so lony as Borrower _
<br /> .; -.. :-�:..�_:
<br /> := ,��°' ta not, at auch time.in d�fautt with raspect to payment of any lnd�btedneas socurad hereby,or In the pertormance of any
<br /> Apreement hereunder. �-
<br /> �'� '' � ' 2. Auoointment of R ce eiver. if any event of default In respect to the Security Instrument ahall have occurred and be
<br /> � co�tlnuinp, Lender, ae a matter of ripht and without notice to Borrower or anyone claiminq under Borrower,and without
<br /> • ro��rd to the value ot th�truat eatats or the interest oP the Borrower therein,ahatl have the riqht to appiy to any court hAVinp —
<br /> � juritdiction to appoint a reaetver of the ptoperty. —=.
<br /> 3. gj,q�t to Poasesalon.In aase of default In the payment of the safd prinr.lpat Note or interest,or any part thereot,as It �� "
<br /> �� '' ehalt mature,or in the c�ae of fatiure to keep or perform any of the covenants or apreements contalned in the SecuHty Instru• ___
<br /> " ment, then the Lender,its succeaaora or assf�ns, ahail be and fs hereby authorized and empowered to take immediate ��-'
<br /> poasessbn of the aeid premiaea theretn described and to cotiect the rents thereirom,and to appty the proceeds thereof to the �.'_:
<br /> - ---- - payment of the Note.
<br /> • 4. Aocdcation of Rents.issuea and Profits.A�t rents collected by Lender or the recetver shalt be applied first to payment ---_
<br /> of the coata of manapement of the property and collection of rents,inctudinp,but ndt Ifmlted to,receiver's fees,premiums on ��
<br /> ' recelver'a bonda and reasonabie attorney's fees,a�d then to the aums secured by the Securlty Instrument.Lender and the _
<br /> raceiver shali be Ilabie to account only for those rents actually raceived. --
<br /> 5. Construction of Provislons.Each of the provistons contained In thls Assignment of Rents Rtder and the Security instru• �
<br /> ment sha�i, unless otherwlse specifica�ty required,be construed In accordance with Nebraska law, and in the event any ��:
<br /> provlsion herein or thereln contained shalt bo determined by a cou�t of competent jurlsdiction to be unenforceab�e,tfie same _
<br /> ! ehali be Construed as thouqh suCh unenforceabie provlslon were not a part hereof or thereof. �°-
<br /> �_' 8. Eftect of Rider.Except as specitically modtfied by or inconsistent wlth this Assignment of Rents Rtder or by any other �,
<br /> '� applicabie rider,a�i ot the terma and provislons contained in the Securlty Instrument shail continue in fuil force and eftect. �•
<br /> ', IN WITNESS WHEREOF, Borrower has executed this Asslpnment of Rents RId6r,�in the date(irst noted above.
<br /> ' /� �,.
<br /> 1_,J��__ s� � _�.�� �..
<br /> . WILLIAP1 R. P'ITLL�°rrower �-
<br /> i ' - --- --- 1�
<br /> lt t L� f�iG"'Cy 1:
<br /> ! • i
<br /> I'�I_/�I LLS�Borrower ..
<br /> �
<br /> ' � STATE OF NEBRASKA) '�
<br /> � (ss:
<br /> I COUNTY OF HALL )
<br /> . � � On this 3RD d�y a} FEBRUARY 19 94 ,before me,the u�derstgned,a Notary Pubtic duly commissfoned and
<br /> . qualified tor sald county,peroonel�y came ���Ti i TAm R MILLS AND J�Y U. mILLS. H�iSaaNn arun �irFE
<br /> ' � ••� ._,to be the Identical person(s)whose name(s)Islare subscrlbed
<br /> to the foreyoiny Instrument,and he/shelthey acknowledge the executlon thereof to be htslherlthei�voluntary act and deed.
<br /> ' . Witneas my hand and Noterlal Seai at GRAND ISLAND, NEBRASKA __ ______ _
<br /> In said couniy,the date afwesaid: • -
<br /> ' � - -- - � - � - . , . .� ----
<br /> Notary PubIIC
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