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<br /> ..: AiiWNMENT OF IIEN1'a RIDER 94�i�•��i; —
<br /> • — THIS A881QNMENT OF AENTS RIDER I�mod�and�x�cutsd thi� 7BTH d�y of FEBRUARY �t9 94 _�����
<br /> ,., Incorporat�d Into�nd sh�li b�dNm�d to artw�d�nd auppi�rt►�nt th�Mortp�p�o�ONd ot T�ust,h��dnafter nf�rnd to as th�
<br /> �'S�curlty Instrum�nt", ot th��m� d�t�qiv�n by th�und�tstpned, hsrdnaiter nfsrred to n tht "Barowsr", to �aurs
<br /> Borrow�r'�Ind�bt�dn�s�,h�nin�ft�r��t�rnd tn��th�"Not�",to HOME FEDERAL SAVINdS AND LOAN ASSOCIATION OF
<br /> � �''�''~'' �HAND ISL/1ND,h�nintft�r nh�nd to as th�"L�nd�r",ot th�s�ms d�ts and coverin�the prop�rty d�sarib�d In th�S�curity -
<br /> Tnst�um�nt and loaat�d at:
<br /> . ���.
<br /> � ��S' ~ +� 436? SH�RWOOD ROAU. GRAND ISL�IND NE 68803 "" "
<br /> r�,-+.
<br /> • • ^� (Prop�rty Addr�ss)
<br /> .b , :;�:�:..::•:x.,:�--- WITNHSSETH: �
<br /> _ � �i �';:;_;�...__.-r`, � --
<br /> ����.�� WNEREA3, Borrow�r and L�nd�r hav�apreed that any rents and profits attributable to th�property ahoutd constitut�
<br /> ��+-- ._..,,�,.�..:.� oddltionat s�ourity to th�L�nd�r for the p�►ym�nt ot th�Not�;
<br /> '=�'=:�2�;.;''�°,�L:::fk� �
<br /> —_-_ -- _ NOW,THEREFORH,tt Is�preed that the S�aurity 1��tr�msnt sh�ii b�am�nded h�aby and de�mal to Include the followlnp
<br /> ��.�;�,..,x._�..; provlsionr.
<br /> 3'a:t.;s...:._. . _ .a�
<br /> — 1� � • � � �, Borrower hereby abaolutety and uncondition�lly aseipns ali
<br /> � � y;;,�.,,,,.,...,.,. .:,.�..:* rents, isaues and profits ot the property to Bsne�fiaiary. Lender ehail have the �ipht, power and authority durin� the
<br /> { � ` continuance of the S�curfty Inatrument to coltect the r�nte,Issues and profits of the property and of any personal property
<br /> +� located thereon with or without t�kinp po�seaalan of the praperty aifected hereby. Lender, howeve�,hereby consenta to ___
<br /> : Borrowe►'a coitiation and retention oi auch rents,lasues and proflta as they accrue and become payab►e,so Ion�as Borrower
<br /> f is not,at eucN time,in dotautt with respeet to payment o!any indebtedness secured hereby,or in the performance of any
<br /> I ayrasment hereunder. =
<br /> • 2. A�DOintment o1 Receiver. If any event of def�ult fn respect to the Socurity Instrument shall have xourred and be n
<br /> 1 continulnp, Le�der, as a matter of ri�ht and without notice to Borrower or anyone ctafming under Borrower,and without �:
<br /> � repard to the vaiue of the trust estate or the interett of the Borrower therefn,shail have the rfyht to apply to a�y court havinp —
<br /> Jurladiction to appolnt a recelve�of the property. _
<br /> 3. Rfaht to Poasession.In case of detauit in the payment of the sald principai Note or Interest,or any part thereot,as It
<br /> shall mature,or in the cose of failure to keep or perform any of the covenants or agreements contained in the Security Instru•
<br /> ment, then the Lender. Its auccessors or asaipns, aha�l be and is hereby authorized and empowered to take Immediate �.. .
<br /> posaession of the sald premtsea therefn daecribed and to cotlect the rents therefrom,and to apply the proceeds thereof to the �
<br /> °----°, -, - - ---- payss�eni at ihs Nata. �
<br /> 4. Aoolicotion of Rents.(aeues and Pro}tta.All rents cotlected by Lender or the recelver shall be apptied first to payment
<br /> � ot the costs of manapement oi the property and coitection ot rents,inctudiny,but not Ilmited to,recefver's fees,premiums on -
<br /> receiver's bonds and reaeonable attorney's fees,artd then to the sums secured by the Securlty Instrument.Lender and the �'
<br /> , receiver shali be Iiable to account oniy for those rents actuaQy received.
<br /> 5. Construction of Provislons.Each of the provisions contained in this Assfgnment of Rents Rider and the Security instru• ��
<br /> � ment shall, unless othervvise specifically required, be conatrued in accordance with Nebraska Iaw, and in the event any
<br /> provision herein or therein contai�ed shalt be determtned by a court of competent Jurisdiction to be unenforceable,the same �•.
<br /> * shail be construRd as thouqh such unenforceabie provislon were not a part hereof or thereof. t
<br /> � �
<br /> 1� 6. Effect of Rider.Except es speciflcalty modifled by or tnconslstent with this Assignment of Rents Rider or by any other
<br /> �' applicabie rider,atl of the terms and provislons contalned tn the Security Instrument shalt continue tn full force and effect.
<br /> IN W17NE3S WHEREOF,Borrower has executed thls Assign ent of Rents Rfder on the date first noted above. i
<br /> GREGO G ND��rrower ��,
<br /> . 1Q����� �
<br /> .i�,
<br /> � JULIE . GLANDi Borrower t
<br /> STATE OF NEBRASKA) 3
<br /> . (ss: �
<br /> � COUNTY OF HALL ) .
<br /> '.� 0�this 28TH day of FEBRUARY . �g_94_,before me,the undersiy ned,a Nota�Y Publ ic du�y commtssioned a�d
<br /> �' quaiified tor said county,personally came GREGORY L. GLANDT AND JULIE__A. GLRNDT,_ HUSBAND ANO WIFE
<br /> t ___ _.to be the Identicat person(s)whose name(si islare subscrlbed
<br /> � to the forepolnp Instrument,and he/shelthey acknowlodge the executlon thereof to be hislherlthelJ.vota�tary aCt and deed.
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<br /> . � Witness my hand and Notarlat Sea�at GRAND t�_ NEBRASKA�,/
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<br /> � . . _ �� In aaid coutityy.t�w'date foros�f�(, _ �
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<br /> � �� Notary Public � � � ((
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