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<br /> .�:. A881�NMENT OF REIdT9 RIDER �t-�=�-=-��
<br /> • � �� ,��=�+r, , THI3 A88iQNMENT OF RENTS RID�R Is made tnd executod thla 3rd _dayof �1ARCH � ,�g 94 ,�nd Is �^ ��' -_ --
<br />- inaorporated Into ertd ehait De deemed to amend and supplement tho Mo►tpape or fiead of Yrust,hereinaiter re}orred lo es liie �y�;��f_�:,�;-_
<br /> "Seourity Instrument",of the a�me d�t0 plven by the underolpned, herelnt�fbr refe�red to as tRe"Borrower"� to aecure �.v'___
<br />- 4 •- f � Rorrower's indebtedneae�hereinefter reterred to as the"Note".to NaME FBDBRAL SAVINOS ANQ LOAN A880CIATION OF �'�'-�..;�_,,____�_
<br /> - GRAND ISIANO.herelnittsr rsferred to�a the"L�nder".ot the e�me date and covering the property desaribed In the 8eau►ity =
<br /> ��1°`"�'�"�"� inatrument and toaated at: -'`':`�""►�""�t`;,
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<br /> � � '' "� • 4346 KAY AUE.� GRAND ISLAND, NEBRASKA 68803 i�;;�y'Q'Y ° --
<br /> - � ';..:"`.-,�.,; (PrapeAy Addroeel � �;� r-*-=�,�n�i�.=`°=
<br /> ��'�: � . � WITNE88ETH: �r:;;
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<br /> .;�.:��� WHERFAS.Borrower and lender have apreed that eny�ents and p►ofita attrlbuteble to the property should aonstitute „ ^_^...`��;.;.V
<br /> '�'.�.`" . � � :".�, �'� additlonal seourity to tha l.ender for the payment of the Note; . ••_
<br /> �., „ ,,.-.;�^`.'
<br /> ~"''��'�' �' • ' NOW,THERHFOR��It is agreed that the 3ecuNty instrument shall be emended hereby a�d deemed to tnoiude the foltowing ____ ''`�"-'�1��•��. ._
<br /> I., �A, • : . provislons: ,- -..��:�,�I;�` E
<br /> . �• .. . . `. -
<br /> �� 1. Assl nment of Rents and Lender Rental Cottentton Rlahts.sorrowdr hereby abaotutery and unconditlonaliy aesigna all . • � �-�•t��,
<br /> �• �,:� 0 , . +�:-.�.•.
<br /> �j� � . rente, issuea attd protits o} the property to Benefiolery. Lender ahe�l have the right, power and authority durinp the '' ,.��;�,r��:�R
<br /> ¢� � continuance of the 8eaurlty inatrument to collect the rente,ls�ues and profits of the property and of any pe�eonat property ,. ��'����_
<br /> i�..� n . _ .• . . �, i�-�.-_ '_"
<br /> " looated tAereon with or wlthout tak�ng poseeasfon ot the property atfe�ted hereby. lender,flowever, i►ereby conaents ta • �==-- -.-
<br /> �___��_-- `--= 8urruwnr'n Ruiincti�n auu�nividi0ii oi 6u4Pi tbnto,isbunb and prafiis as th8y acorus and baao�sa payabfa,ao lonp as 9orro�rer
<br /> -:_.�. - ••-------
<br /> �� is not,at suah time,in defauit with respeat to payment of any indebtedness eecured hereby,or in the perfcrma�ce of eny '�""`-'---
<br /> � �, ,��;��.
<br /> ` agreement hereundor. .,�������
<br /> �.. 2, Aacolntment of Recelver.If any event ot detauit ln reapeot to the Seourtty instrument shait have ocourred and be ! ,
<br /> � � continuing, Lender.as a matte�of right end without notice to 8or�ower or anyone clafming under Bo�rower,and without • ��
<br /> • � , regard to the vatue ot the tniat eatate or the interest of the Borrower therein,shal�have the r1Aht to app�y to any court heving . ".`-�"�
<br /> jurisdiction to appolnt a�eaoiver ot the property. . �'�
<br /> • . 3. Biqht to Pcasesalon.ln case of defauit in the payment of the sald principal Noie or Interest,or any part thereot,as it „ � � _
<br /> shatt mature.or�n the of►se oi faiiure to keep or pe►form any of the covenants or agreernents contained in the Seaurity Instru•
<br /> --
<br /> � � ment,then 4he Lender,its eucceseors or asaigns,shai� be and is hereby authorized and empowered to take immediete Q :-
<br /> . • _ = Q�safon ot the satd premises thereln described and to cotleet the rents theretrom,a�d to apply the proceeds thereof to the
<br /> payment of the Note. .
<br /> �� 4. Aoplication of Rents.Issuea and Profits.Ait�ents coUeoted by Lendar or the recelver shatl be epptied first to payment i �
<br /> of the costs of inenagement of the property and cattectfon ot rents,inaluding.but not tlmited to,receiver's fees,premtums on • . • �.
<br /> . reoelvor's bonds and�eaeonable attorney's tees,and then to the sums secured by the Security Instrument. Lender and the ,. �
<br /> �eceiver shatl be Ilable to account oniy tor thoae rents aatuaity received. ,.',,
<br /> � -� - -----_-�- = �. �:.nai�s��ti��ai Fravlsiar�s.Cac�a�its prGV�slana cantairsd In ihis Asslgnrrtiani af Rants titder and the Securlty instru• . �,
<br /> � � ment shait, uniess otheniviae specifiaaliy requl►ed,be construed in accordance wlth Nebraska law,and in the event any
<br /> provlsion herein or therein contafned shali be determined by a court of competent jurisdiction to be unentorceable,the same ' .' .
<br /> .. " shail be construed as though such unenforceabie provision were not a part hereuf or thereof. ``� ••'
<br /> 8. Efieot of Rider.Except as apecfficatly modified by or fnconsistent with thia Aasignment of Rents Rider or by any other ` '`; •
<br /> appilceble rider,all of the terms and provisiona contained in the Security Instrument shall continu�in fuil force end effect. ..+ �`�
<br /> , , S.+��
<br /> , �'!/i'._.
<br /> • �N WITNESS WHEREOF,Borrower has executed thts Assignment of Rents Rideron the date first notod above. • >�i�����-
<br /> . ��-�C � . .
<br /> . . . m RY' � DUNN °` . I
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<br /> . , ower � �
<br /> mARY L. L � .
<br /> ,. . � . .
<br /> i
<br /> ' STATE OF NEBRASKA) i '
<br /> (S9: i .
<br /> couNrY oF HA�� � • '
<br /> On this 3R0 day oi_mRRCH ,�9 94 ,befora me,the undersigned,a Notary Pubiic duiy commiESloned a�d � '
<br /> quttFifled for sald county.personaliy came mARY K. OUNNING. A SINGLE PEHSON AND mARY L CZAPLEWSKI. �
<br /> � A SINGLE PERSON ,to be the identical person(s)whose neme(s)islare subscriDed
<br /> �� to the foregoing instrument,and he/shelthey acknow�edge the executton thereof to be hislher/their voluntary act and deed.
<br /> Witneas my hand and Notariai Seal at GRNNO ISLAND, NEBRASKA ___ , , �
<br /> _ i d county,the date afor d
<br /> . `
<br /> . � e �
<br /> ������ ary Pubiic
<br /> r DEBORAH l.ItlMBIE
<br /> - - -- - -_.. My Commission expires -�� ��.�-��'•� - '
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<br /> . ' - MF<03017I�D
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