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<br /> ' . ' _��NiI�NT Of A�N1'i IuD�ll '
<br /> • TMId ASdKiNMEI�lT Of lIENTa lNDER b mad�and a�out�d tlH� 8TH �y of FEBRr19RY ,1N� -uid 1�
<br /> Inoorpor�tM IMo�nd sh�ll M dMm�d 1a MnMd and MKophn�nt tM IYiortqp�or OMd of Tnnt,Mni�HM►N�nd to ms tM
<br /> ��8�aurlt�r InatromN►t",ot th� �dat��iwn by tM und�nlprnd, h�nlnaR�r nl�rnd to a th� "Borrovrer", to�eoun
<br /> �ormw�r's le�bt�dn�s�MnimftK ni�n�d to a�tM"Not�",to HAME FEDERAL 6I1YIN08 ANO LUAN ASSOCIATION OF
<br /> ORAND 18U1ND.h�inaft�r nfwnd to u th�"L�nd�r",of th�utn�Oaf��nd oowMnp 1M D��Y d�rlb�d In ih��auNty
<br /> IMt►umN�t and looat�d at:
<br /> - =-- 2106 CIRCLE DR GRANO ISLAfl10. NEBRASKA 688tl1
<br /> t�r��1
<br /> WITNESSETH:
<br /> WHEREAB,Borrow�r anri L�nde�tu�v�a�nsd that any nnts and profitt attribut�bl�to th�prop�ny should constitut�
<br /> addltional s�au�ity to th�Lend�r for th�paym�nt ot th� Notr,
<br /> NOW,TWEREFOAE,it Is aqrs�d th�t th�S�aurity Irntrum�nt�hali b�am�nd�d h�nby and dNm�d to fnalud�th�foliowinp
<br /> p►ovlslona:
<br /> 1. Aasianmant ot Rents and L�nder R�ntal Coli�ctlon Rip��row�r(1���by absolut�ly and unCOndltlonally�s�ipn�all
<br /> �enta, i�su�s �nd proflts of th� property to Benaflci�ry. Und�r sh�ll hav� ths ripht, powar and authority durin� the
<br /> continuanc�of th�S�ourtty Instrummt to c�li�at th�rents,ia�uss a�d profits of the propsrty and ot�ny p�rsonal prop�rty
<br /> -' locat�d th�rson with or without takin� poss�ssion of the propsrty atfsat�d hewby.L�nd�r, howev�r, her�by aon�snts to
<br /> -, gorrower's coti�ctlon and retentlon ot�uoh r�nts,lisws�nd prof Ite as th�y aacrue a�d b�com�payabls,ao lonp as Borrower
<br /> - Is not,d suoh tims, In d�hutt with nsp�ot to paym�nt of any ind�bt�dn�ss s�cund h�rsby,or In th�peAormanc�of any
<br />__ apr��ment h�rsund�r.
<br /> 2. �onolntment of Racelver.If any eveni of default in respeat to the Securit� Inat�umsnt ahail have xaurred and be
<br /> - continuinp, Lender, �e� m�tter of �Ipht and without notice to Borrower or anyone ctaiminp under Borrower,and wlthout
<br /> �;.�; ��� �* � 1, repard to the value of tha truat est�te or ths inter��t of the Borrow�r th�nin,ahati haw th�riqht to apply to any court havinp
<br /> �' ' Jurisdlctlon to appolnt��ecdv�r of ths property.
<br /> � `� " 3. Ripht to Poesssalon.t�o�es ot detault in the ptyment of the said principai Note or tntersst,or a�y part thereof,as it
<br /> `�.;.,;:' °° ahalt maturs,or In the case of tallure to keep or pe�form a�ny of the covenants or aqreemonta contalned In the Security Inatru•
<br /> ' - . ,�,;�,,. ment, the� the Lender, its successora or aaalpne, shAtl be And Ia hereby authorized and empowered to take Immediate
<br /> ' ��,�.N�*•;:�•:`•�:":���: ;; poaseasinn of the aald pnmises thenin described�nd to aoll�at the rsnte therefrom.and to opply ths proaseds thanof to ths
<br /> '' . � ��,, paymant of the Note. -
<br /> - ,;;�.y:�,:i�.. ,
<br /> :,.;,��.,. .,.. • 4. �oatio�of Rents.lasuea and Prof Its.All renta coliected by Lender or the recelver shalf be appiled first to payment
<br /> �y�..V:��i�='�• •�:!�•� of the costa of mana�ement of the property and cot�ectlo�oi rents,Includinp,but not Ilmited to,receiver's feea,premfuma on
<br /> " recsiver'a bonds and reasonabie attorney's fees,and then to the eums secured by the Security Instrument.Lendsr and the
<br /> _ ' recelver ehatl be Ilabte to account only for those renta actuaily received.
<br /> 5. Construction of Provisiana.Each of the provlslons contalned in this Assignment of Rents Rider and the 3ecurity Inatru•
<br /> � �' ment shaii, unless othe►wlse apeciticaliy requlred, be conatrued in accordance with Nebreska lar�r,and in the event any
<br /> ��,; provlelon herein or thereln contalned ahali be determined by a court of competent Juriadiotlon to be unenforceable,th�s�me
<br /> � , shAl�be construed aa thouph such unenforceabie arovlsion were not a part hereof or thereof.
<br /> ��. . .,
<br /> '? 8. Effertt ef qi�ipr.Fxrtept wR+�pACINce�ly modlfled by or inconalstent with thia A�sslQmm�nt et Rants Rider or by any other
<br /> �'�, � appiicable rider,ail of the terma and provisions contalned In the Securlty Instrument ahall continue in fuli force and effect.
<br /> d
<br /> ., . IN WITNESS WHEREOF,Borrower has executed thls Assiqnment of Rents Rider on tre date flrat noted above.
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<br /> s . • NEAL E LLEY '� � -
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<br /> 1 A !E G KELLE'�orro er
<br /> STATE OF NEBRASKA)
<br /> ., (ss:
<br /> � COUNTY OF HALL )
<br /> if On this 8TH d�y o} FEBRUARY ,�9 94 ,before me,the undersigned,a Notary Pubtic du�y commlesioned and
<br /> �• ' quaUfied tor said county,peraonaily came NEAL E KELLEY RND DIANNE G KELLEY
<br /> • : f ,to be the Identical person(s1 whose name(s)islare subscribed
<br /> ` to the foreqoinp tnst�ument,and hefshelthey acknowledge the execution thereof to be hfs/her/thefr voiuntary act and deed.
<br /> ,. ` Wttness my hand and Notartal Seal at GRANO ISLAND. NEBRASKA _ _ __^_
<br /> _ catd county,the date aforesatd,
<br /> � �Al�ilW3�N Nik� �� .�.�� � �n,.G'"�-�
<br /> _ r � DEOORAl1 L Ki�ABLE J�
<br /> ��,�,�.'�1� NotYryPublic
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<br /> �_ � _ My Commisslon expires: — ---.-- -- - -. - -
<br /> _ � MP�o3017A21
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