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<br /> - �"'``""''"'�+�:'�:'� ASg1�NNIGNTAFRB TN BRIDER � -------_--
<br /> �%�����. .
<br /> . THIS ASa��NMENT OF RENTi3 RIDER is made and exeouted ihit� 4TH d�y e} mARCH ��g 94 ,ond le ---�- --•------- - -
<br /> Incorporatsd into�nd ah�ll be deemod to�n�end and euppinment th�Mortpepe or Deed oi Truet,herelnafter rote►red to ae the
<br /> . ._�-;. ��Seourity Instrument"� ot the eame dRte plven by the underelpned, herelnafter re4er�ed to ae the ��Borrower".to eeaure __��
<br /> - � gorrower'a indabtddnsee,herelnaft�r nter�ed to�s the"Note"�to HOME FEpERAL SAVINti8 ANC LOAN ASSOalAT10N OF
<br /> �_���_._.__
<br /> '"'x°"��'�"'� tiRAND ISLANO,heroinafter roterred to a�s the^Lender"�of the dame date�nd ooverinp the property daacrlbad In the 8eaurtty -- -
<br /> �"'.�•'�� . . , . "� Instrument and tooatad ot: �
<br />- . -,-_ __--.
<br /> „_. _
<br /> ' �z-�, �;'���+�*'�`� . 1�16-1018 W. 4TH� GRAND YSLAND. NEBRASKA 88801
<br /> i� �;: ,.. '.�' '';.•' a
<br /> ;' �_�,:. �; (Property Addrees)
<br /> .,. WITNE88ETH: - ___
<br /> -�t o . - �`w:..
<br /> ?• � , ° WHEREAB� Bor�ower and Lender havo a�reed Ihat any rents end profits �ttributabie to the property shoutd oonstitute _-=
<br /> _ � �. additlonat eecurlty to the Lender for the paymen!ot the Note; _-__ --_
<br /> , ; � . , - --
<br /> N�W,THERBFORE�It Is agreed 4hat the 8eouNty t�strument aheil be amended hereby and deemed to t nctude the fotlowinp �--=`� `
<br /> r ,� provlslona: �'
<br /> 7� � �=_
<br /> � . . 1. Asslpnme t o Repts and Lender Rentat Cotlectlon Rlahts.Borrower hereby absolutety and unaandltionally asaipns aii -
<br /> ; rents. Iseuea and proHte ot the property to Benefioiary. Lender shell have the right, power and authority durinp the ;,��;_��
<br /> aonttnuanoe ot tho 30aurity Instrumont to collec!the re�te,laeues end proflts of the property and at a�y peraonai proporty �_:..�� _- _
<br /> -� -` ` • ` �.-' • �' i�oattld thereon with at wlthavi taking posses3ton of thQ property effected hereby. lender,howevar, hereby consenta to '.� _
<br /> ` Borrower's colteation and retention of such renta,issues and profits as they accrue and become payabie.so Iflng as Borrower ^'� "
<br /> . ia not,at suah tfine,fn de/au�t with respeot to payment of any Indebtednesa secured hereby,or in the performance of any
<br /> .. � agreement hereunder. , .
<br /> 2. A000lntment ot Reoeiver. If any event ot defau�t in respect to the Security Inatrument shali have occurred and be
<br /> � <. oontinuing,Lender,as a matter of right end without notice to Borrowe�or anyone alafming under Bo►rower,and without � :,. - �
<br /> regard to the va�ue ot the truat estate or the Intereat ot the Borrower therefn,shat l have the right to epply to any court having , „ �.
<br /> Juriedfotion to appoint a reaelver of the property. � �
<br /> , ' 3. Ri�to Possesafon.In cese of default f�the payment of the sald prinalpai Note or interest,or a�y part thereof,as it . -__ -
<br /> sha�l mature.or in the case ot failure to keep or peAorm any of the covenants or agreements contained in the 3ecurity Instru• .
<br /> ment. then the Lender, (t8 8uCC8880�8 Ot a881gn8, aha�i be and is hereby authorized and empowered to take immediate �
<br /> �-� �- %J po88eeslon of the eeld ptemises theretn desonbetl and to coiiect the renis tharefrom,and in appiy ihe pr�iCeed�th8r88f iG th8 ��
<br /> � payment of the Note. •
<br /> ' . � 4. Aaalication ot Rents lasues and Protite Ail rents collected by lender or the receiver shatt be app�ied first to payment "
<br /> �. • • of the coata ot mansgement of the prope�ty and coltection of rents,inciuding,but not limlted to,receiver•s fees,premlums on ;y
<br /> � • � receiver's bonds and reasoneble attorney's tees,and then to the auma secured by the Security instrument. Lender and the
<br /> ,,�.
<br /> ,. rwceiver eha��be�iable to account oniy for those rents actuatly received. y.
<br /> ' 6. Const�uotlon of Provislons.Each of the provlafons contained in thls Assignment of Rents Rfder and the Security Instru-
<br /> ment ehall, unless otherwise speaificaliy required. be conatrued in accordance with Nebraska law,and in the event any i �• ' . �
<br /> provisfon hereln or therein contained shalt be determfned by a court of competent jurlsdiction to be unenforceable,the same
<br /> ' ahalt be construed as though such unentorceable provislon were not a part hereof or thereof. � '`•�� �
<br /> � 8. Effeot of Rider.Except as apecificaily madifled by or inconslstent with thls Aselflnment of Rents Rtder or by any other I ' . �� •
<br /> � applicable tider,atl of the terms and provlsions contained In the Secudty Instrument shail continue In !uU force and etfect. .; !',��\
<br /> 4 � �� '� ',=�
<br /> IN WITNESS WHEREOF,Borrower has executed thls Aas tg n me n t o(R ent s Ri d er on the ate first noted above. I �% _ �
<br /> , . - 1� D'��---- ' . , . �. � r,
<br /> , , LARRY W. OU1LE eorrower � ' „ `'°
<br /> � '„ L> ; i
<br /> �{!�_ (�/�--TZ{[J� i `
<br /> BARBARA A. F OWL�rrower , , . '�
<br /> .... y
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<br /> . STATE QF NEBRASKA) �
<br /> (ss:
<br /> COUNTY OF NALL ) � •
<br /> On this 4TH day of I"IARCH ,18�_.before me,the undersigned,a Notary Publlc duly commissioned and , . '
<br /> quailffed for sald c0unty,peraonaliy came LARRY I�I F01�t1 F ANf1 RARRARA A Fflhll F_ HI 15BAND AAID WI�F
<br /> �• � ,to be the Identicat peraon(s)whose narne(s�Is/are subscrlbed
<br /> ' to the}oregoing inetrument,and helshelthey acknowledge the executlon thereof to be hlslherlt�-votuntary act and deed.
<br /> � Witness my hand and Notarlai Seal at GRAND ISIAND, NE�RASKA r_ _, � - ____
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<br /> . �. In s�c,ourlly tlate aT . �
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<br /> -_ � - My Commissfon expirea: `� . � �4 -------— -
<br /> � HF 1030 0�921 $�� �7 J�
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