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<br /> '"'""°"'"""°°""`�' • Il881QHMENT AF R�NT�RIQER ��° �O��e)O __
<br /> • • �'�''' 1�tti f�bruary 94
<br /> TMIB ASSIONMENT OF R�NTS RIDER le made�nd oxeauted lMie day of ,10 ,end le
<br /> fncorporated Into�nd eM�li be ds�med to�mend�nd eupplament the Mortp�ps or Deed ot Truet,heretnettmr retorre�d to�sll�e
<br /> �n^���':�-• "Seourity IfletrumeM", of the eama date elren by the undarelpnad, hereina4ter raferred to as tha "Ba�row�r", ro seoure
<br /> Borrow�r�a Indsbt�dn�ss,herelnafter�sfer�ed to ae ths"Note",to HOME FBDERAL BAWINQB AND LOAN AS80CIATIAN OF
<br /> �; _���.; dRANG 18LAHD,hereinattor rotottcd to aa tho"tandar",o!the eeme d�b anA aoverinQ the property deaaribed In ths 8eaurity „____ __ _
<br /> - , r���,�,,. �. Inatrument ond looated at: _ -
<br /> � "'"�`���'��'' 9�8 Redwocd Dr Grand Tsland, Nebraska
<br /> � :��,�. �-��^r. --
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<br /> , �•.-} (Property Addrose)
<br /> ' '' . � � ��'�`� WITNE88ETH:
<br /> '�'" •�4� � WHEREAS, 8or�ower and Londer have agreed that any rente and proflts attributabia to the property shoutd aonstitute
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<br /> ,�, :. .. additlonal seaudty to the Lender tor the payment of the Note; �` -°°--
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<br /> � .. ° , NOW,THEREFORE,It is agrt�ed that the Seourity�nstrument ehatl be amended hereby end deemed to i�alude the toltowing �_-- -___�_-__-.
<br />., . p�avislons: �
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<br /> i 1. �ssianment of R�nts end Lender R@ntal Coltentlor�Rfahts.Barrower hereby abaolutely and unaandNlpnally assigna alt i_
<br /> � rents, Issues and ptofits of the property to Benetlofary. Lender shalt have the rlpht, power and authorlty durinp the ___
<br /> oonti�ua�ce of the 3ecurity Instrument to cotieot the tents,loouos and protNs of the property end ot any personal property -___ _..
<br /> ' looated thereon with or without taking posaession of the propeny afteated he�eby. Lender,however. hereby�sonsenta to _�_::
<br /> � � Borrower's aolteation ahd retention ot auoh rente,iseues and proffts as theyaccrue and beaome payabla.so iong as Borrower _-:�____
<br /> ' " is not,at suoh time,in defautt with respeot to payment of any indebtedness s�aured hereby,or in the performance of any ���``.F��
<br /> agreement hereunder.
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<br /> 2. Bpnolntment of Receivor. �t any svent of defauit tn reepeat to the Seourity Inatrument shall have ocourred and be �'•�;.
<br /> - continuing,Lender, as a metter oi�Ight and without notlae to Borrower or anyone clalming under Borrower,and w{thout ,rQ•.-�.;
<br /> � repard to the va�ue of the trust estete o�the interest of the Borrower therein,shali have the right to apply to any aourt having -:� k�
<br /> jurisdiotion to appoirtt a receiver of the property. .I .'�'� -�
<br /> ' 3. �ght to Possesslon.In case of detau�t in the payment of the safd principal Note or Interest,or any part thereof,as It 5�. �
<br /> . . aheli meture,or in the case oi fallure to keep or perform any of the covenants or agreements con ta ine d in t he 8 e our i ty i n s t ru• �; _•��'
<br /> ____._______�_ ment, then the Lender, Ita suaaeseors or assigna, shatl be and Is hereby authorized and empowered to take immediato � �-,--
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<br /> possessbn of the sald premiaes therei�described and to aoliect the rents tneretrom,and to appiy fhe praceeds thereoi to the �°
<br /> . payment oi the Note. . :
<br /> 4. 8ppitoation ot Rents.Issues and Proiiis.AI�rents collected by Lender or the receiver shali be apptled first to payment _
<br /> ,;'..� of the costs of management of the property and colleotion of rents,Including,but not ilmited to,�ecefver'atees,premiums on � _
<br /> receiver's bonde and reaeonabie attor�ey's fees, and then to the aums secured by the Securfty Instrument. Lender and the _
<br /> ��'� receiver shall be tiabte to account onty for those rents aatuatty recelved. ----
<br /> � S. Construntlon ot Provislona.Each of the provlslons containecl In tnia nss�gnment ot Hents nide�and�ha Seauriiy i�siru• -
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