|
_._ .:.�,
<br /> p[yY�j�,:��' .. —
<br /> t�.� .t /�!� 4`�:�
<br /> :I �.�. 1..: e�L-fLt'w':n�t •. .._�- _.
<br /> __ J _ _ -
<br /> ,� ' • ._. - - _— __ __— —
<br /> — — - �....� g� �,p�.F�n -�--_---_,
<br /> , . -
<br /> `" — , • A�iGNMENT OF RENTS RIDER •
<br /> THI6 A391aNMENT OF RENTS RIDER ts mad��nd�x�cut�d thia..�.Bt,h-.--d�Y�f FPhr'=--°rT----��g.gL�—,�^d Is
<br /> Inacrporat�d Into�nd��all b�dMm�d ta am�nd�nd suppl�ment th�Mo►t�aqs or ONd of Trust,h�roinRft�r referr�d to as ths
<br /> "S�curity InstrurrNnt",of th� t�rYN ddt�Iwn by th�und��slpn�d, h�ninatter r�hrr�d to as th� ��Borrowsr", to s�cure
<br /> Borrow�r'i ind�bt�dn�ts,h�r�inatt�r r�t�rnd to�s th�"Nots",to HOME FEOERAL SAVINti3 AND LOAN ASSOCIATION OF
<br /> .;;;,;�.-,. 4RAND ISLAND,h�rNnaft�r nf�rrod to as th�"l.�nd�r",of th�s�m�dat�and cowrinp th�propsrty deaaribsd in ths 8eaurfty
<br /> _'.;��# . ; �. . Instrum�nt�nd looat�d�t: —.._
<br /> �� `�`�'� 107 Saturn� Alda. Nabraska 68810
<br /> �s;�.,:,,,d�, . • tProp�rty Addre�s) _. _ `-
<br /> �=•1""` ` "."bi WITNE3SETH:
<br />_ ....�.����.,-�.,��... ~ . :.: `. -__-
<br /> �' WHEREAS,Borrow�r and Lender hav�apreed that�ny rent�and profits attributablQ to the propePty shou�d conetitute �"' T
<br /> --—�'""'����"`"`��'�° additlonai��aurity to the L�nd�r for the payment of tht Note; -�--
<br /> _ ��n��-----
<br /> .�_—'YU_.'.Li;,'tiih..:...,�::: Pa_..f_�I_.�
<br /> ,.�,_� �-� NOW,THEREFORE,tt ia tproed that tha 3oaurlty I��trument ahali be amended hereby and deemed to Include the followinp
<br /> provislom:
<br /> P��. lt:I�l... ..".. . . H�.
<br /> L�.� • Borrower hereby absolutely and uncondltionally assigns all —
<br /> ' y renta, iasuss and pro(ita of the property to Beneflclary. Lender shail have the riqht, power and authority durinq the �"'`�-_
<br /> � continua�ce o}the Security instrument to collect the renta,isaues and profits of the property and of any personal property =_
<br /> � ' ixated thereon with or without takinq possesafon of the property affected hereby. Lender, however, hersby consents to
<br /> " Borrower's coliectian and rotention of such renta,iasuea and profits as they accrue and become payabio,so lony as Borrower :�:,�,�,_.__
<br /> y is not,at such time,In dehult with respect to payment of any indebtedneas secured hereby,or In the performance of any :•-_R..�•.-�
<br /> aqreeme�t hereunder. �����
<br /> " 2. Ancofntment of Recelver. If any event of defauit in respeat to the Security Instrument shali have occurred and be °-�==���--
<br /> continuinp, Lender, as a matter of rlflht and without notice to Borrower or anyone cialming under Borrower, and without �::�
<br /> ' re4ard to the va!ue of the trust estate or the interest of the Borrower therein,shali have the tlqht to apply to any court having =__
<br /> jurladictfon to appolnt a receiver of the property. ��'
<br /> � st"`.•;
<br /> 3. (3J.qht to Poaseasion.In case of defau�t in the payment of the said principai Note ot interest,or eny part thereof,as It _-
<br /> � ahall mature,or In the case of fallure to koep o►perform any of the covenants or agreements contained in the Security Instru• ��-�'
<br /> ment, then the �.ender, its auccesaors or assipns, shall be and is hereby authorized and empowered to take Immediate ���.�
<br /> posaeasfon of the said premises theretn dsscribed and to collect the rents therefrom,and to appiy the proceeds thereof to the �;,�,,,:_
<br /> payment of the Note. - ��'b'��
<br /> --- - - 4. ���iaation of Renia,i�sues end Pra€iis.Aii rents collsctad by Landcr or the recelysr shall be appued flrat to�?ympnt --����=' �
<br /> of the coats of management ot the property and collection oi rents,tncluding,but not Iimited to, recelver's fees,premiums on ��"`��___
<br /> receiver's bonds and reasonable attorney's fees,and then to the sums secured by the Security Instrument.Lender and the =___
<br /> � recelver shall be�lable to account on�y for those rents actua�ly received. � °
<br /> ':�:��`:
<br /> 5. Construotion of Provlsions.Each of the provistona contalned tn this Assignment of Rents Rider and the�ecurity Instru• • �
<br /> � ment shail, unteas otherwise speclfically requtred, be construed In accordance with Nebraska law, and in the event any ,�
<br /> provlslon hereln or therein contained shail be determined by a court of competent Jurisdiction to be unenforceab�e,the same
<br /> �. I sha�i be construed as thouph auch unenforceable provision were not a part hereof or thereof. r
<br /> ,�'.' 6. Eftect of Rider.Except as specificalty modified by or Inconsistent wfth this Assignment of Rents Rider or by any other ••
<br /> :+� appilcable rider,att of the terms and provislons contalned In the Security Instrument shatl contlnue In fuli torce and effect. �
<br /> �
<br /> 1 • . IiV 4Ji=NESS WHEREOF,Borrower has executed this Assig�ment of Rents Rider on the date first noted above.
<br /> ; �+.
<br /> . ,.� ,'t,
<br /> —---�-__-� -L` �,.. .
<br /> Lynn C Beyer eorrower �.,. .. .
<br /> , • • f
<br /> ��----� - --- --�=—� - - ---
<br /> ' Sharon P Beyereorrower r
<br /> STATE OF NEBRASKA) '
<br /> {ss:
<br /> , COUNTY OF HALL )
<br /> ' On this—18th day of Februarv,1g 94,before me,the underslgned,a Notary Pubtic duly commisstoned and
<br /> - qualtfled for said counly,personally came Lynn C Beyer ar���17��P�yer __-
<br /> i : � ____ ,to be the Identfcal person(s)whose name(s)Is/are subscNbed
<br /> t0 the fore�oing Instrument,and hel8helthey acknowledfle the execution thereot to be hislherlthelr voluntary aCt and deed.
<br /> !F-
<br /> Wltneas my hand and Notarlai Seal at Grand I sland, NE 68801 _ _____
<br /> ' in said County,the date aforeseid.
<br /> . �e�t�u�rs�w�w�, �.-����,. k���-
<br /> , , �L� Notory PubUt
<br /> � Ml►Owa Er�Oa.29,1996 - --- -
<br /> � , L 't i°tY (.
<br /> My Commigslon expires: ` .
<br /> �. .__
<br /> -�— - �-- � M�,crai vn:�
<br /> . '
<br /> . �
<br /> i
<br /> 1l
<br /> � �
<br /> F
<br /> � C
<br /> i
<br /> t
<br /> � � ,
<br /> , -- -
<br /> -------
<br />
|