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<br /> AN10NMtNT O!II�MT�IIIDRII 9� �Q / �
<br /> 17TM �ay of FEBRiJARY_ _ 19 9k
<br /> THIB ASSiONMENT Of�RENTS RIDER Is m�d��nd�x�out�d thl� � �i��
<br /> ' incorpo►at�d Into�nd sh�ll b�dMrtMd ta am�nd�nd suppNm�nt th�Matp�or OMd of Ttust,h�Nr�fNr nfNnd to�s 1M
<br /> ��8�curity In�trurrNnt",of th��rrw d�t�piwn by th� und�rslpn�d, h�ndnNt�r r�tund tq u !h� "9orrow�", to s�cw�
<br /> Borrow�r's ind�bt�dn�N,M►Nn�ft�r nfwnd to�s thr"Not�",to HO�IE FEDERAL 8AVIN08 AND LOAN A880CIATtAN OF
<br /> � GRANO ISLAND�Mninait�r nfKad to�a tha"l�nd�r".ot th�sartN dit�and cowrinp th�prop�rty d�ac�ib�d In th�8�ouMry
<br /> Inatrum�nt�nd loat�d at:
<br /> - 420 S. GRANT� GRAIVp ISLANO• NEBRRSKA 686U3 _
<br /> (���Y AddrNal
<br /> WITNE88ETH:
<br /> WHE�tEA8,Bonow�r and L�rsd�r h�r��prMd that any�ents and profit�attribut�bt�to tha prop�rty should aomtitut�
<br /> additlonal Nnurity to th�I.�nd�r for th�p�ym�nt of th�Not�;
<br /> __ _____� NOW�THEREFOFiE,It is aprssd that th�8�audty Instrurr�nt shall bt atn�nd�d h�nby and dNm�d to Uotud�th�fo��owinp
<br />_ - provlNons:
<br /> � � .__�...«._..�..�o.....e�.��endsr Rantat Collectton Rtahte.Bwrower heraby abaolutNy and unconditionally ossiyns�11
<br /> «nt�, issua��d proflts of the prop�rty to Ben�ffalary. L�nder eh�ll havs the ripht, power �nd authorlty durinp ths
<br /> - continuanC�of th�S�curtty Instrum�nt to cotleot th�nnte, iefuea and profits of th�property and of any perwn�l prop�rty
<br /> ' tocat�d thereon with or wlthout t�kinp po�a�salon of the property affect�d h�nby. Lsnder, how�v�r,h�aby cons�nts to
<br /> r ���-•- Borrower's collection and retsntion of auoh r�nts,lasues and profits as they accru��nd becom�payabls,so lonp��t Borrowsr
<br /> � _1� net_�t s�ch tir� in d�fa��it With �qnwnt t°yymwnt ef am Ind�bt�dn�ss s�cund h���by.or in th�p��tamana�of any
<br /> '� � •�� � '�� ' �prMment h�r�undsr.
<br /> „-„H�:�...•.�x:.'��..
<br /> _ � 2, �ocointment of Raceiver. It�ny svent of defautt fn reapeat to the Sscu�ity Instrument ehal� have ocaur�ec! and be
<br /> �.`:'•"`'"""""."°",`' continuln�, Lendar,as a matter of �iQht and without notfce to Borrower or anyone olalminp undsr Borrower, �nd without
<br /> ._��:►;t'f:;��+��< rspard to th�v�lue of ths trust estat�or the intenat of the Bortower th�rein,shali hav�th�riqht to apply to any couR h�vinp
<br /> ' � "'��'"�"`°'• ``"�• JuNidictlon to appolnt a�eceiver of the property.
<br /> _ ,j.�iti►i�:�ti�+a�.:w
<br /> �. . 3. Rloht to Posseselon.�n caae of default I�the payment of the said principal Note or Interest,or any put thsroof,as it
<br /> - `- �i'" ' '. ? shali matur�,or M the case ot faiture to ke�p or perfo�m any ot the covenanta or apreementa contai�ed in th�Sacurity Instru-
<br /> ;" : ment,then tht Lendar, ita sucaeasore or assfpns, shatl be and Is hereby r�uthorized and empowered to take Immsdiats
<br /> �;��;:,':.� ,_,�.-,,�:-: paaaeaalon of ths aaid premiees theretn deearibW�nd to colleot the rents theretrom,and to apply ths prxeeds thereof to tM
<br /> _��— —
<br /> - . . . - paym�nt of the Note. • '
<br /> � ' 4. Qpolication ot Rents lasuea an Profits.Ail rents collected by Lender or the receiver ehalt be appliad first to p�yment
<br /> �� � of the costs o}m�na�ement of the property and coilection ot rents,Inciudiny,but not Iimited to,raceiver's feea,premtuma on
<br /> recetver's bonds�nd reasonable attorney's fees,and then to the sums secured by the Security Instrument.Lend�r�nd the
<br /> rsceiver shali be Ilable to account oniy for those rents actualiy received.
<br /> 5. Construction ot Proviafons.Each ot the provlsions contained In this Assipnment of Rents Rider and the Security Inatru-
<br /> • • ment ahaii, uniess otherwlse specificaliy requlred, be construed In accordance wlth Nebraska law, and In ths ovont any
<br /> �`; . provialon hereln or therein contalned sha�ll be determined by a court of competent Jurisdiction to be unenforceabl�,the samt
<br /> shatl be conatrued as thouyh such unenforceable provisfon were not a part hereof or thereot.
<br /> �n 8. Effect of Rider.Except as apeclflcaliy modified by or inconsistent with this Assiqnment of Rents Rider or by any other
<br /> ;� appllcable ride�,all of the terms and provislons contained In the Security instrument shati continue in full force and otf�ot.
<br /> lA
<br /> IN WITNESS WHEREOF,Borrower has executed thts Assignme o Rents Rider on the date fitst notad above.
<br /> . �
<br /> orrower
<br /> r Q. K
<br /> ;L,— _ 1 —
<br /> LINDA . KUBE BOrrower
<br /> STATE OF NEBRASKA)
<br /> (ss:
<br /> COUNTY OF HALL ) _
<br /> � On thls 17TH day of FEBRUARY �g 94 before me the undersi.gned,a Notary Pubifc duyi commissloned�nd _
<br /> qualitied for eaid county,personally came mICHAEL D. KUB� AND LINUA R. KUBE, HUSBAND ANO WIFE _
<br /> •, j ,to be the identical person(s)whoae neme(s)IsJare subscribed s
<br /> } to the forepolnfl Instrument,and helahe/they aCknowledye the executton thereof to be hislher/thelr voluntary act and deed. _
<br /> ' Witness my hand and Notarlai Seal at GRAND ISLAND, NEBRASKA _ _
<br /> ' i I�county,the date aforesafd, ,
<br /> , ��
<br /> t i�rW►�.St�b�I N�kts1+ - Z�� - �
<br /> •„ pE/011AN 1.1UAI�LE otary Public �
<br /> !r Ny O�,E�.Nw.23,1995
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