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<br /> T • • AitIONM�NT 0�IItNTt IIIO�N ��� 1�.4�� -
<br /> THIB AdBit�WMENT OF RENTS RlDER la mtdr md�x�out�d tl�I� 1�'� d�y of- F�;gQ�nQV ,1994___....,and Is �
<br /> InoorparN�0lnto and�h�ll b�dwnwd to am�nd�nd�upp�nt tM�Aottpspe a OMd ot Trust,MnlnNta r�fKr�d to u th�
<br /> "8�ounty In�trunNnt". o� th� Mm�dRti�Iwn by th� und�nlpn�d, h�rolnaftK nl�rnd ta�s tlw��Barow�►".to M�cun
<br /> dorrow�r's Ind�bt�dMn,heslnaft�r ntKnd ta a th�"Not�",to HOME FEDEML SAVINCiS ANO LOAN A880CIATION OF
<br /> GRAND 18 V►ND,h�rNnrfta r�bthd to ai tIM"1.�ndi►",of th�sarrN dat�s�d aov�Nnp tM prop�rty d�saribrd In tM S�aurity
<br /> ln�trunwnt�nd Iowt�d at:
<br /> � 3012 IOAHO GRANO ISLAA{U• NEBRASKA 68803 ""'
<br /> -- lPropKty Addra�l
<br /> - WITNESSETH:
<br /> WHEREAB, 8orrowtr and L�nd�r haw�9rs�d th�t any ronts �n0 proflts attribut�ble to tn�prop�rty shoutd aon�titut�
<br /> additlonal s�aurtty to th�l.�nder for th�paym�nt of th�Not�;
<br /> �� NOW,THEREFOR�,It Is sprNd that th�S�ourity in�trurr�nt shall bt am�nd�d h�nby and dNm�d to inolud�th�tollowinp
<br /> provislons:
<br /> 1, eeslanm�nt of pants and L�ndar Renttl Golleatlon Rinhts_Bor�ower hsreby abaolutNy and unconditiona�ly assipna al!
<br /> ��nt�, is�u�s and profits ot ths p►operty to B�nefiotary. Lender sh��� havs the ripht, power and authority durirt9 ths
<br /> _- _ continwnc�of th�3�curtty Instrumsnt to collsct the rents, laewa�nd profits of the propsrty and of any peraonat prop�rty
<br /> tocatsd th�roon with or without takinp poseeeslon of ths proparty affeat�d h�reby.Lendsr,howewr. hsrsby consantr to _
<br /> � Borrow�t's colieotlon and retsntlon of auch nnts,lesues and profits aa they accrus and become payable.ao tonp aa Born►wer
<br /> � is not,at such tims,in d�fautt with ntp�ot to paym�nt of any Indebtedness s�cund h�r�by,or�n th�ps�formance of any
<br /> � �f �"� • '�" "� �� � �prNment h�nund�r.
<br /> ::..� . - . ��r
<br /> ' � 2. A000lntment of Rscalver.If any ewnt of detauit In nspect to ths S�curity Inatrument shatl hava xcurrad and be
<br /> t"•;. .�•.��t_�� .'�
<br /> o contlnuinq,L�nder, �s a matt�r of tipht a�d without notice to Borrower or anyone clalminq under Borrower, and without
<br /> ' ;�`.-�. '. �i�.t,
<br /> r�aM to th�wlue of tt�trust est�te or the interstt of th�Borrow�r th�nfn,shall hav�th�ri�ht to apply to any court havinp
<br /> �-'��� ju�icdlction to appotnt a receivsr of the property.
<br /> :,f:ti.:-F . :. --
<br /> �• d��<�'t��� 3. @�pht to Poaseeslon.in case of default in the payment of the sald principal Note or intereat,or��y part thereot,aa it --
<br /> ` ���vi�.ic
<br /> - •J"� • • sh�ll m�turt,or 1�the aase of failurs to keep or pertorm any of the covenants or ap�eements contAlned in the Security Inatru-
<br /> } ;�Y:;r,.
<br /> _ ,,s : r,�;: , •:r�; . ment, thsn ths Lender, its auccesaora or aesi�ne, �hatt be and fs hereby autho�ized and empowered to take immedlate
<br /> .�l�y;:�i;�:.�!� poaaeasion of the said premfaea therein deaoribed and to cotlect the rents therefrom,�nd to Appiy the proceeds thereot to the
<br /> -- • • • - paym�nt ot the Note. • -
<br /> �.u.,.x,.. . . . _
<br /> • . 4. Acnlication of Rents.Issues and P�ofits.AII re�t8 aollected by Lender or the receiver shait be applied first to payment
<br /> , . of the coata oi manayement of the propeRy and coliectfon of rents,Inciudfnq,but not Ilmited to,�eceiver's fees,premiuma on �_
<br /> ' recelver'a bonds and reasonabie attorney's tees,and then to the aums secured by the Security inatrument. Lender and the
<br /> __, � receiver ahatl be Ilable to account only for those renta actuaily received. —
<br /> - ' . 5. Construction of Provisions.Each of the provlsions contafned in this Asstpnment of Rents Ride�and the Security Instru-
<br /> ,,. ment shall,uniess otherwise specificaity required, be construed in accordance with Nebraska law,and in the event any =-
<br /> ' provision hereln or therein contained shal�bedetermined by a court of competent jurlsdictton to be unenforceabie,the same —
<br /> i;s� shail be construed as thouqh such unenforceabte proviston were not a part hereoi or thereof.
<br /> ,:�,�� . 8. Effect of Rider.Except as speclficeliy modified by or inconslstent wlth this Assipnment of Rents Ride�or by any other
<br /> ,�M,�� ' •� applicabie rider,all of the ierms and proviafons contatned in the Security lnst�ument shAll continue in fu�l force and etfect. _
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<br /> IN WITNE3S WHEREOF,Borrower has executed thts As t nment of Rents Rider on the date Nrst noted above. �';`�
<br /> ' A-7l�R(� � /� ���—— � ..'
<br /> � Borrower '—
<br /> ' ����
<br /> �. Borrower ``�=
<br /> .�� .. —
<br /> � STATE OF NEBRASKA) �
<br /> (ss:
<br /> , `• � COUNTY OF HALL ) �
<br /> °� . On thla �4TH d8y p} FEBRUARY ,�g 94 ,before me,the undersiyned,a Notary Public duiy commfssioned and J
<br /> � �• . qualified for said county,pe�sonally came PAmEL A J BRASE _ "
<br /> ,` , � �.
<br /> f ,to be the Identicai person(s)whose name(s)Isiare subsCrlbgd
<br /> tu the foreyoinp fnstrument,and hetshe/they acknowledye the executlon thereof to be htsfhet/thetr voluntary act and deed.
<br /> -. E Witnaas my hand and Notariai Se�l at GRAND ISLAND, NEBRASKA
<br /> ` ' � tn sald county,the date aforesald.
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<br /> i . oae�Mw+►�r�� — � �=��.--
<br /> �',���,KI�1({E NotAry Public
<br /> �-- uV MyO�a Er�.D�e 29.1996 )\e{- . ���• �r1 � �'-
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<br /> � , MF�010 p117�
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