|
.. �.;��l,,ic'� =f-.�
<br /> + -�_
<br /> • •.-_ ..a.. ��:'�"-
<br /> _ � _ _ ..�,1 � � �. #t)#�,,�2_ . .� . _
<br /> 4
<br /> . ����� _ � ,
<br /> THiB wOiKiNMENT OF RENT6 RIDER Is m�N�nd�x�out�d thls_ 9TM d�y of FEBRUARY��g 94 _��h
<br /> Inoo�porat�d Into and�h��1 b�dMnMd to arn�nd�nd wpipNm�nt tM Mortpap�a D�d of Tru�t,MrMnafl�nbn�0 to u►th�
<br /> "S�aurit�r Instrum�nt"� of tfN�anN dau�Iwn b1► tM und�nlprnd, Mnin�ftK rohn+�d to u�tM ••brr�ow�r"� 10 s�u�
<br /> . �r�Ud�bt�dn�,hKNnaR�►r�hmd to u th�"Not�",to HGME FEDERAI SAVINCis AND IOAN A8dOCIlITION OF
<br /> QRAND 1$LAND,h�rNnaft�►nt�nd to M tM"I.�nd�r".nf fh��dd��nd oow�lnp tM WopMty dNOdb�d��th�6�ouflt�►
<br /> InNrwn�nt u�d loat�d d:
<br /> ' 10288 W. I�iITE CLOUD RD. CAIRO NE 66824
<br /> —.—�� I��Y Adel�l
<br /> WITNE88ETH: �
<br /> WHEREAS. BorroYwr�nd L�nd�r haw aprMd that any r�nts and profits attrlbuUbl�to th� prop�rty should caatitut�
<br /> additbnal Ncurlty to tM L.�nd�r for ttM p�ym�et of tht Not�;
<br /> NOW�THEREFORE.ft 1��presd that tl�s S�aurity Irntrum�nt fhail b�am�nd�d h�►N►y and dNm�d to Inciud9 th�foltowinp
<br /> provitlom:
<br /> 1. Aselanment oi Rsnts and Landsr Rantal Collec���p,bj4.Borrowsr hsr�by abwlutdy and unco�dltionslly�ssipns all
<br /> r�nta, tssws and profite of th� prop�rty to B�nsflciary. Lend�r sh�ll h�vs ths ripht, pow�r and �uthority durinp the
<br /> cont�nuanca of th�S�urity Inst�ument to coll�ct the nnts,iawee and profits of th�p�op��ty and of any p�rsonal proprrty
<br /> looat�d th�rson wlth or without t�kinp poss�s�ion ot th�propsny aNeat�d h�r�by.Lender,howevsr,hersby con�nt�to
<br /> y�•���� Bor�ow�r's coll�ation and rst�etion of such nnt�,Isaws and profits�s th�y accrw and b�cort►�payabt�,so�on��s Bortowsr
<br /> • Is not,at euch tima,In d�fauit with respset to payrtNnt of any ind�bt�dn��s s�our�d h�r�by,or in th�p��form�nc�of�ny
<br /> - aprNm�nt hsreund�r.
<br /> 2. d000�ntment of Recelver. If any event oi defautt In reapect to the Ssourity Instrument ah411 have oacurred And be
<br /> _, continuU�,Land�r,as a matt��of ripht�nd without�otice to Borrowsr or anyons alalminp under 8orrower,and without
<br /> rsyard to ths valus of the truat eat�t�or ths interest of th�Bo�rower th�reln,shati hav�th�rlpht to apply to any court havinp
<br /> Jurisdlction to appoint�recelv�r of th�property.
<br /> 3. Riqht to Poanesslon.In oass ot detault in the payment of the aatd principAl Note or interest,or any part thereof,aa it
<br /> � �y ehall m�tun�or fn the caee of fallure to ke�p or perform any of the covenanta or apreements contalned In th�S�curity Inatru•
<br /> �:. ;,, � ment,then th� Lendar, Its auceessora or �aeiqns, ahali be and Ia hereby authorized and empowered to take Immsdi�te
<br /> ,_..,,,;:;�,.,,, poss�ssion of the said premises th�r�in d��ariwd Rnd to coileat thQ r�nts thsrefrom,�nd to apply th�proceeds thsnot to tlw
<br /> • � • ''"�i=':':' ' payrtNnt of ths Note. .
<br />� ;�;�.�;crs,��;�::::;,;,{` 4. Aonlication ot Rent�s.teeuee anC P(gtlte•Atl rents coUeoteci by Lender or tha recaivnr nhaii E,e�ipatled ilrrt t8�ayrns�i
<br /> '•"'-•� ��'� ' of the costs of manaqement of thx property and colteotion of rents,Includinp,but not Ilmited to,receiver's feea,premluma on
<br /> <�R•....*.r.. . . . .. � .
<br /> ��y��� �• �• ••� , receive�a bo�da and reasonabte attorney s fees,and then to the sums seaured by the Security Inat�ument.Lender and th�
<br /> � . receiver ahal I be Iiable to account only ior those rents actualiy received.
<br /> ± .. .. � ` 5. Construction oi Provisions.Each of the provisions contalned in this Assiynment of Rents Rider and the Securlty Inatru•
<br /> �-��'�--��•���• ment shall,unless otherwiae apeclftcaliy �equlred, be constroed In accordance wlth Nebraska law, and te the event any
<br /> provlelon herein or therein contalned shatl be determined by a coun of competent jurledfotion to be unenforcea�bl�,ths same
<br /> �� ,.� � ahAll be conatrued as thou�h such unenforaeable provielon were not a part hereof or thereot.
<br />-_ <•�:-_'_ .,-. . .,:. 8. Effeat of Rider.Excapt as apeciflcaliy moditied by or inconsistent with thia AselAnment of Rents Rid�r or by any other
<br /> -�°': " ' appticable rider,ail of the terms xnd provi:,ion:.contained in tha Security Instrumont ahali aontlnue In tuli torce nnd efiect.
<br /> .� • ..,..,_._ ...
<br /> iN WITNESS WHEREOF,Borrower has executed this Asaiflnment of Rents Rlder on the date firet potod above.
<br /> ��� ` �
<br /> ., t • `!�f' "'.l� �
<br /> �1ICHAEL A PANOWICZ Borrower
<br /> . ��. � ��. � �
<br /> • PATRICIA I►'I. PANOWICZ eorrower
<br /> � STATE OF NEBRASKA)
<br /> . �, (sa:
<br /> � • COUNTY OF HALL )
<br /> h .
<br /> � On thla 9TM day of FEBRUARY ,19 94 before me,the underslpned,a Notary Pubiic duly commtasioned and
<br /> -_ quailfied for aaid county,perao�at�y came mICHAEL A PANOWICZ AND PATRICIR m. PANOWICZ. HUSBAND
<br /> �; . f AND WI FE ,to be the Identicai person(s)whose name(s)Islare aubscribed
<br />� ' to the forepotnq tnstrument,and helshefthey acknowledpe the executton thereof to be hlalher/thelr voluntary act ond doad.
<br /> _ 1.
<br /> _ • Witness my hand and Notarlai Seat at GRAND ISLANO, NEBRASKA
<br /> • In sald county,the date atorasaid.
<br /> . . ---- , , . � ' �"' =�. �;��: ____
<br /> , - _ _
<br /> • - Notary Pubuc
<br /> _ � My Commisslon ex r
<br /> .v.._
<br /> _- !-- - - _ � _� MF4070t719t1 � '�i� .
<br /> R .a�'` q{( .
<br /> � �`�����'�'o-
<br /> ; ; '''���Mr4c
<br />; ;. � �,��
<br /> �
<br /> ,�
<br /> ,
<br /> �
<br /> .
<br /> + . � - ---. -
<br />
|