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<br /> AfN�iNMENT OF lIENTi RlDrll
<br /> y TH18 A881GNMENT OF RENTS RIDER i�mad��nd�x�out�d thi� ZSHU d�y o� F E6FtUHRY ._�19 94 .a�is
<br /> Incoryont�d Into and shUi b�dNm�d to am�nd and suppt�nMnt th�A�ortpap�or DMd oi Trust,h�rNn�ft�r rN�rnd to as ths
<br /> "S�curity In�trum�nt", of 1M pm�d�t�piwn by tM und�nfpn�d, heninaft�r nhrrrd to�� th� "Barow�r',ta Mcun
<br /> oorcow�rs Ind�btsdn�s�,hK�in�tt�r nhn�d to�s ths•'Nob"�to HOME FEDERAL 8AVINd8 AND LOAN ASSOCIATtON OF
<br /> QMNO I8LAND.husinaft�r r�f�rW to�a th�"L.�nd�r".ot th�prt�a d�t��nd oovstinp th�props�ty d�scrib�d 1�th�8�au�lly
<br /> I�t►um�►t and loo�t�d�t:
<br /> _ — - - 315 E. NEBRASKR, GRANO J.SLANQ. NEBRASKA 68801
<br /> (PtOp�rty AddtMq
<br /> -- WITNESSETH:
<br /> - WHEREAS,Borcow�r��d Lender havs spreed that any rents and proflts �ttributable to th�prop�ny shouid constitut�
<br /> •ddttional s�aurly to tM l,�nder for th�payment of the Not�;
<br /> '��� � NOW,THEREFORE,It is aqresd that ttN S�ourity instrument ahall b��m�nd�d h�nby and dNm�d to inalud�ttN foilowinp
<br /> provislom:
<br /> 1. Aaalanrnant ot Rents�nd Lender Rental Gotleatlon Rlahts,Bortower hereby absalutely�nd unconditionally assipns all
<br /> rents, Issuas and prc+fits of the property to 8e�sflolary. Lender shail have the ripht, power ond Authority durinq ths
<br /> — continuancs ot ths Sscurity Instrument to collsct th�nnts,Issuss and profits af ths property and of any personal praparty
<br /> :�n tocat�d th�rson with o�without takinp possesslon of the property affeot�d hereby. Lende�,howsvsr,hereby connsnta to
<br /> .��! , w} BorrowsPe coil�at ion and rotention af iuoh renta,iasuea and prottts as they�ccrue and becorna payable,ao lonp as Borrower --
<br /> la not,at auch time,in dsfault with nsp�ct to payment of any indobtedness e�cured hereby,or in ths performance of any
<br /> �.�,�,�.�ac' apre�menthersund�r.
<br /> "'� _�"�'�'� 2. A000intmsnt of R�ceiver.if any event of default in reapect to the Security I�iatrument shali have occurred and be
<br /> �..,; . • continuinp, Lendsr,as�m�tter of ripht and without notice to Borrower or anyone clalminy undsr Borrower,and without
<br /> '`"�'�° � '" �., repard to the value of tho trust eetate or the intereat of the Borrower thorein,shali have the rlqht to spply to any court havinp _.
<br /> . F . ; ��.���� �urisdlatlon to�ppoint a recsiver ot tho propeRy.
<br /> '•'�"r•�"•�.:,. - 3. itiaht to Poseeasion.in oaee of defauit In the payrr�ent of the saitl principal Note or interest,or any part thereof,ea it
<br /> ~°'": shall maturt,or in the c�se of fai�ure to keep or perform any ot the covenAnts or a�reements contained in the Security Instru-
<br /> � :"s:.;'-�ea,.a..�i�
<br /> ^' �" � � 3' ment,thon the Lender,Its succesaae or assigns, ahail be and is hereby authorized and empowered to take immedfate
<br /> :ert4 ti_y.•..�.� - .
<br /> � ' possession oi the aaid preml�es therein d�acribad and to colleat the renta therefrom,and to apply the proceods thsreof to the
<br /> _ • a -°�: �yrtwnt of ths Note. . ,
<br /> �s::��,.,:�t..,•�•r r�.—
<br /> 4. Aoniicatlon of Renta.Issuea and P�otits.All renta coltected by Lender or the receiver shail be apptfed first to payment
<br /> of ths coats of manaflement ot the property and coliection of renta,includinp,but not ilmited to,recelver's fees,premiums on
<br /> � � �ecaivePa bonds and reasonable attorney's fees,and then to the sums aecured by the Security Instrument.Lender and the
<br /> receivsr ahail be Ilobie to account only tor those rents octuaily received.
<br /> ,,:_•...-.'_., .. ,_ 5. ¢qnstructlon of Provisions.Each of the provisions contaf�ed tn this Assignment of Rente Rider and the Security Instru-
<br /> ;f:a';�:-:a-,:. �•;�;•; � ment ahall, unlesa otherwtse apecificaliy required, be construed in accordance with Nebraaka law,and in the event any
<br />-• ... , provialon herein o�thereln contalned ahali be determined by a court of competent jurisdiction to be unenforceabie,the same
<br /> -- , �hAll be construed aa thouph such unentorceabte provision were not a part hereof or thereof.
<br /> �_ � 6. Effect of Rider.Except as apeclficaily modified by or inconsistent wlth this Assl�nment of Rents Rider or by any other
<br /> _;� •••• •�• • applicable rider,all of the terma and provlsions contained in the Security�nstrument ahall continue in fuil force and eifect.
<br /> .d =
<br /> �� IN WITNESS WHEREOF,Borrower has executed this ss nment f Rents Rider on the ate first noted above. __
<br /> ,: , - A-i. � /�(� � _
<br /> �,, . DOUG A5 P'I. WES�°���er
<br /> 8orcower
<br /> +• �
<br /> ' �. � STATE OF NEBRASKA)
<br /> . `��r (68:
<br /> COUNTY OF HALL ) -
<br /> ;:...•
<br />" On thia 23RD d�y of FEBRUQRY �g 94 ��}ore me,the undersigned,a Notary Publtc duiy commiasioned and :
<br /> - quatitied for said county, personailycame�D�r,t a5 m. WESTERBY. A STNr.i F PFRSl7N '
<br /> :
<br /> � � � ,to be the identical person(s)whose name(s)islare subscribed t
<br /> �` to the forepotny instrument,and helehe(they acknowledfle the executfon thereof to be hla/herlthelr voiuntary act and deed.
<br /> "�� f Witnesa my hand and Notarlal Seai at GRAND ISLANO, J1IEBRASKA �_.
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