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<br /> � Ai�IOMMtNT OF'RENTi 111D�l1 `�� i0�"�`�
<br /> TH18 ABSfQNMENT OF RENT8 RI OER 4�mad�and�x�aut�d this 4Tti �y o� FEBRUARY �»94 �����
<br /> InoorporN�d Into�nd shall b�d«rtNd to anw�d and�uppt�nt ths Mortaap�or ONd of Trust,h�r�lnaftsr nt�rrW to��th�
<br /> . "8�aurity ImtnirtNnt", of th�san►�d�t�Qiv�n by th� und�nipn�d, h�retndt�r nhrnd to�s th�"eorrowor", to Noun
<br /> 8onow�►'s Inef�bt�dn�s�,fNnin�ft�r r�brnd to a�th�"Not�",to HOME FEDERAL SAVINQS AND LOAN A830CIATION O�
<br /> QRAND 19LAND,h�ninaft�r nf�rnd to as th�"I.�ndr►",of th�artN dat��nd aowrinp th�prop�tty d��arib�d In th�S�ourity
<br /> . Imtrum�nt and laoatrd�t
<br /> _ _�__-3 3508 SCHROEDER AVE, . GRAND ISLAND. NEBRASKA 68803 ___.___^
<br /> (Prop�rtY Addr�u)
<br /> WITNESSETH:
<br /> WHEREAB. Borrow�r and Und�r hav��p�Nd that any nnt�and protlts attributabl�to th�prop�rty�huuid aonstitut�
<br /> �ddltlonal s�ourity to th�L�nd�r for th� p�ymmt ot th�Notr,
<br /> �� �� NOW,THEREFORE,it la�prNd tfuit th�8�curity Instrom�nt�h�Ii be amand�d hoaby and�eemed to Inciuda th�fatlowlnp
<br /> provtalons:
<br /> 1. Aaefanm�nt of Renta ind Lender Rentai Cotlentlon Rlahte.Borrower hereby abeolut�ly and unconditlonally aselpns�II
<br /> = rents, issust and profits ot th� prop�rty to Ben�ffciary. Lender ahalt have the ripht, power and authorlty durinp the
<br /> ��=�e= continuaoa�of th�3�aurity Instrum�nt to coll�at th�rente,issuea and protits of ths prope►ty and ot�ny peraonai properly
<br /> ;w;•�� IocRt�d th�r�on with or without takinp polss�slon of the propsrty�ifscted hsreby. L�nder,howevor, hereby conaenta to
<br /> ' Borrowsr's coti�otton and retention of auch nnta,lssues and profits as they accrue nnd becoms payabt�,so Ion�as Borrower ____
<br /> '�.:.Y Is not,at auah tlme.in d�fauit with r�spect to payment of a�y indebt�dneas seaured hsreby,or In th�performancs of sny
<br /> _ , ,. �,, 5.;:. , �prNm�nt hereund�r.
<br /> ' ;s• � �"'� 2. Aonointment of Receiver.�t any event of detauit in reapect to the Security Instrument shali t►eve occurred and be
<br /> continuinp,L�nder. �s a matter af rlqht�nd wlthout notice to Borrower or anyone ciafminp under Borrower, and without
<br /> : ''.'. �',;.• •��'•!''• repard to the v�lue of ths truat eatate or the Interest of the Barrower thereln,shail have the ripht to apply to any court h�vinp
<br /> �,r���`A„ ,..,,',, Jurisdiation to appolnt a receiv�r of ths property.
<br /> ��:;.':,.T'•`; . :� 3. Rinht to Poaaesalon.In o�ee ot daiault fn the payment of the eald principal Note or Intereat,or any part thereof,as It
<br /> �•,� �• ahalt matun,or In the oase of fallure to keep or perform any of the covenants or apreements contafned i�the Security Instru•
<br /> - g,i.,.... :' f.
<br /> `...'G; ;°'��'• �� .�s m e n t, t h s n th s Lender, its suocessors or asslpns, shail ba and Is hereby authorized and empowered to take immediate
<br /> , �•�,����'� �, posseselon of the soid premisea therein deecribed and to colieat the rents thsrefrom,and to apply the proceedt thereo f to t hs
<br /> - �'°�;c;;Si:G,,�k_,�:,:� paymmt of th�Note. •
<br /> ���;'�;�.. ,i,, , 4. Aociicatlon of Rents.lasuea and Profits.AU renta coltected by Lender or the recefver shall be appiied tirst to payment
<br /> of the costs of manaqement of the property and coi�ection of rents,inc�udinp,but not Ilmited to,receiver's tees,premiums on
<br /> � recelvar's bonds and raasonable ettorney's fees, and then to the sums secured by the 8ecurity Instrument. Lender and the
<br /> ' receiver shall be Ilabte to account only for thoee rents actuaily received.
<br /> ' S. Construction of Provislona,Each of the provislons contained in thia Asslgnment of Rents Rider and the Security Instru•
<br /> � .� • ment shall,unleaa othetwise speci(Ically required,be construed In accordance with Nebraska law, and in the event any �
<br /> � provislon herain or theretn contalned shall be determined by a cou�t of competent jurlsdiction tc be unenforceabte,the same
<br /> . . � - shali be construed as thouyh such unenforaeable provlsion were not a pa�t hereof or thereof. ��
<br /> �!'� � • •• 8. Fifect�f Rider.Except ea apeclflcally m�xiified by or inconsistent with this Assignment ot Rents Rtder or by any other �,.
<br /> � app�icable rider,ail of the terma and provlaiona cont�ined in the Security Instrument shali continue tn fuii force and etfect. � •
<br /> ,j.. --
<br /> � • IN WITNESS WHEREOF,Borrower has executed this A nment ents Ride n t d e first t above. ��
<br /> i � � u � . M.L����--- �-
<br /> ,:'•.i;• � ,� Bor qwer --_
<br /> KEN ET D. AL LL
<br /> . � �',-
<br /> •Y{y .t.,:. -._
<br /> .� � . OffOWef ---
<br /> `�' i��+ • PAmELA R. CALDWELL ��
<br /> � � � STATE OF NEBRASKA) �
<br /> � ;{it.: fi COUNTY OF HALL ;ss: �:=
<br /> a
<br /> �,•; On thla 4TH dey o} FEBRUARY �g 94 ,betore me,the undersipned,a Notary Public duiy commfsstoned and �
<br /> �,. � � qualifled for aaid county,pereonallycarne KFRNETH D_ Co�_nl��'t I An�n f�AmFl A R:..�AL!]WELL.. HI tSRA n �,
<br /> i� ; � AND WIFE ,to be the identtcal person(s)whose name(s)Is/are subscribed ►,
<br /> �° to tho forapoi�p fnstrument,and helshe/they acknowtedpe the executfon thereof to be hislheritheir voluntary act and deed. �.
<br /> ��" GRANO ISLAND, NEBRASKA ___ '
<br /> t:r� � � ' Wit�eas my hand and Notariai Seal at -- --. ,
<br /> �,'�. � ; �� -
<br /> : fn sald vounty,ttie date�oresald.
<br /> t• � ii . . . �'�. '.
<br /> _ i: • -�=-----�--------------
<br /> � Notary Pubilc
<br /> �- ,b� My Commiasion' pir� : ' ,.-`. —
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<br /> -�,- -_ --- NF 1070 PfiJl ����
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