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<br /> A��IONM�NT t}f lI�NTi lIIDEII �-i�i`v
<br /> TH18 AS�IQNMENT OI'REN7'd RIDER I�mMtN�nd�x�out�d thle 23rd d�y oi F�br� � �0 � _�nd i�
<br /> inoa►pont�d into�nd shull W tlNeNd to anNnd and wppl�rt�rtt th�Mat�a W�d of Tro�t,h�nlnaftK nf�nd to M th�
<br /> "�ouMtyr IMttum�nt", of ttw s� dat�plwn by tM undwNpn�d, fNrNru�Rfr trfKr�d t0�a th�"sa'rorwP'� f0 Mour�
<br /> �owW'�Indrbt�drns�,hx�InaftK nf�nad to a�th���Not�",to HOME FEDERi►L BAVINOS AND i.OAN A�OCIATION OF
<br /> ORAI�iD I8LAN0,lwninaftrr rrf�nd to w th�"L��dK",of th��snw d�t�and oownnp th�prop�AY d�oribW in tM Noudtl�
<br /> °�°�° Instrum�nt and toaat�d�t:
<br /> 1404 W 3rd Grend Ialand, Nebreska 68601
<br /> -��� (P�ap�rtr Addn+sl
<br /> WITNESSETH:
<br /> �_ WHEREA3,Borrow�r and Lrnd�r havo aQrMd that any r�nts and proftts�ttrlbutabl�to th�propafy Mould constitut�
<br /> addttton�l Naurity to ttN I.mcNr for th�paymmt of th�Not�;
<br /> NOW,THEREFORE,it It�prMd that ttM 6�aurlty InNrpm�nt shal)b�un�nd�d h�t�by and dNm�d to Inalud�th�foilowinp
<br /> provltlon�:
<br /> 1. Asslapment of Rent�and en¢�r Rsntai CollectlQ�Rlohts.Borrow�r h�reby absolutNy�nd uncondition�lly atNpm Nit
<br /> nnts, issu�s and profit� of the prop�ny to B�nsficiary. Lendsr ihall h�ve the rlpht, pow�r �nd �uthorlty durinp th�
<br /> - continuanc�ot ths S�aurity Instrum�nt to coli�at th�r�nts,issues�nd profits of th�property�nd ot�ny p�raonal prope�ty
<br /> -- looat�d th�rwn with or wlthout t�kinp poss�tsion of th�propsrty Nhat�d h�reby. L�nd�r,how�v�r, heroby conMnt�to
<br /> - a�w.�w�.�R�nllwntMn wnA rwf�ntloe ot�uch r�nts,iwws and qrof lts�s thw�caru�1�nd beCOm�Dayabl�,so lonp�s BOrrow�r __
<br /> ts nat,�t such tima,in d�tault wlth r�sp�ct to paym�nt of any ind�bt�dn�u aoaurad h�reby,or fn ths perforrttance at any -
<br /> aprNmmt h�round�r.
<br /> 2. Anuotntment of Recelver. If any event ot dsfauit In rsspect to the Socurity Instrument shall have occurred�nd bs
<br /> continulnp, Lsndsr,as �matter of�ipht and without notice to Bonower or anyo�e cl�iml�p under Borrower,a�d without
<br /> . � rsp�rd to th�vatus of the trust eetats or the i nten�t ot th�Borrow�r th�rNn,shall havo ths ripht to apply to any cou�t hav{np
<br /> 4•• Jurlsdlation to appolnt a recetver of the property.
<br /> ' � *�'�/ 3. osseaston.ln oaee of dsiault In the payment ot the said principal Note or intereat,or any psrt thorsof,aa It
<br /> _ .,�,�."�.`• Rt°ht to P
<br /> ..� ,; , ahall matur�,o�in ths c�ee of failure to keep or perform any of the covenanta or apreementa contalned�n th�Security Inatru-
<br /> - "�� " ` ment, ths� th� Lander� fta tuccsaeors or asalpns, ahall be and le hereby authorized and empowered to take immedl4te
<br /> ''" `�.?�.t�.�', poeaesalon of the said premis�s thsreln deacribed and to coileot the rents therefrom,a�d to�pply the proceeds thenof to ths
<br /> .'`� 'N�"' paym�nt of the Note. .
<br /> �:YW�M"SA��A]I�;k Hy7'�';% 4. Aaal3aa!lass at fianla.l��cscs snd Proliis.A!!rents co�leatw�r,y t qndwr or the receiver shatt be appllod itrst to payment
<br /> .:,,���;,�;,:,,.,:_;. •;, ,,� ot the costs of manapement of ths property and coilectlon of rents,inciudinq,but not limlted to,receiver's fees,premiume on
<br /> ' ' receiver'a bonda Rnd reaaonabie attorney's fees,pnd then to the sums seoured by the Securtty Instrument.Lender a�d the
<br />-� � recaiver ehatl be Itable to account only for thoso rents actuatiy received. —"
<br /> � �'�±iu�.,• �:.:.� ••�: 5. Const►uction of Provisions.Each of the provisions contalned M this Aasiqnment of Rents Rider and the Securlty Instru•
<br /> . � ment shall. unleas otherwiae apecifically required, be construed in accordance with Nebraska law,and in the eve�t any __
<br /> provision hereln or thereln contained shali be determined by a court of competent jurisdiotion to be u�enforceable,the aamt
<br /> • � � � shatl be conatrued ae thou9h auch unenforceable provision were not a part hereof or ther�rof.
<br /> n . 8. Effect of Rider.Exceot as specfflcaily modifled by or inconsfstent wtth this Assipnment of Rents Rider or by any other -
<br /> �'. , , . ' ' ' applicable rider,all of the terms and provisions co�tatned tn the Security��strument shall continue In full torce and etfoct. __
<br /> 'i
<br /> IN WITNESS WHEREOF,Borrower has executed this Assignment of Rents Ride on the date first noted above. �r�
<br /> ' , ��xL�=� `k�s7
<br /> - r °•. • Warren G Denni��rrower `
<br /> � ' � c9- �,-
<br /> Y. " marian K Denni orrower F'-
<br /> . �;�:::
<br /> ��--
<br /> t� � STATE OF NEBRA3KA) _ .
<br /> : ,� (ss:
<br /> • COUNTY OF HALL ) �,'
<br /> �„�
<br /> • ' On thia z3rd day of February �19 94 ,�fore me,the u�dersipned,a Notary Publ:c duty commiasloned and 4
<br /> o :. � , qualified tor said county,personatly came Warren G Oennis and f�arian K Oennis. ���Shanri and ��a fe 1
<br />;f � ,to be the Identtcal person(s)whose name(s)is/are subs�;ribed
<br /> to the foroyolny instrument,and heJshelthey acknowtedye the executton thereof to be htslherltheir voluntary act and deed.
<br /> ' � Witneaa my hand and NotaHat Seal at Grand Island, Nebraska !�
<br /> f�
<br /> '' � 3 tn said county,the date atoresafd. �
<br /> �
<br /> . � ��E�MIMU�,SbMIf Mik� _'Vtr.Q, +7���-+_� :.
<br /> GNMS L KABKIE
<br /> �����y�lyg� Notary Pubilc
<br /> - ' � My Commiselon explrea: `'��- ��y � � �'� --- ,
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