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<br /> �_ ����^�^� AS9tBNMENT AR RBNTB RIDER �
<br /> cwL.W��ee -
<br /> - ?NI8 ASSIONMENT OF FiENTB RIQER is mpde and exsouted thle �OTH day of �ARCH ,�g 94 �and le
<br />— IncorpordW into�nd�h�ll b�d�em�d to tm�nd and wpplsment the Mortpaps or Deed of Tru�t,harainetter roferred to�e the
<br />.,,. � "8�aurHy instram�nC',of th� e�m�date piven by!he underelpned.heretnafter rsierrad to ae the'•Barrower"� ta aeoure
<br /> BQrrowwr'�InE�bt�dnts�,h�r�intll�r r�f�rnd to as tha"Note",to HOME FEDERAL 8AVfNtiB ANO LOAN ASSOCIATION OF
<br /> ;���� GRA:�1D 18LAHD,haratnaftar refarrod ta aa tho"Loeder°.o!4he eama date nnd ooverinp ths property deaoribed In the 8ecurlty ._
<br /> � Inatrumont and toontad afi �- —
<br /> �. 821 S. ARTHUR. GRANO ISLAND NE 68801
<br /> � (Property Addresa)
<br /> ' WITN�SBETH:
<br /> � *��;':',':,.;t:.;:
<br /> :;;,� �;�::ls.,;``��'� WHEREAS,Borrower and Lendar have apreed that any �ents and profits attrfbutable to the property should aonstitute
<br /> ;.�,yF�,-�.'.'•'.�,�.,: addltionat eeaurity to the Lender for the peyment of the Note; °�
<br /> �, .. ,.,,.,.. ;..., _
<br /> t`"� ;��.•� �' NOW,THHREFORE,it Is agreed that the Seourity Instrument shatl bo amended hereby and deemed to Inciude the folt�winp —
<br /> �� � .; �2�: provisivns:
<br /> �'�;• � - . . —�--
<br /> %"� � ,�u 1, �lanmont of Renta and Lender Rental Couentton Rtahts.Borrower hereby absotutely and unoonditlonaity asalgns alt _�-_
<br /> �' �' ;;• � ��"� rente, tseues and profits of tho property to Beneflaiary. Lender shall have the right, power a�d authority during the _�___
<br /> �•• - `°�� aontinuance ot tho 3ocu�ity lnstrument to coileot the ronta,isaues and protits of the proparty and of any personai property =-,_
<br /> �� ' ° ' loaatad thereon with or without takin9 Dosseaslon of the props►ty afteoted hereby. Lender� however, hereby aonaents to ��---=
<br /> f ^ BarowePs aoliectio�snd retention of suah rents,isaues and profits as they aoc�ue and become peyabte,so iong as 6orrowar �`;.:�
<br /> is not, at auah time,in default with respect to payment ot any indebtedness secured hereby,or In the pertormaace of any "}'��v=
<br /> � agraement hereunder. '. ,���
<br /> 2. Aanoi�tment ot Receiver.If any event of detautt In respeot to the Security Inatrume�t shaii have oaour�ed and be
<br /> � � � continuing, Lender,ae a matter of right and without notice to Borrower or anyone alatming under Borrower,and without "' `, .�
<br /> ,�s° ,��
<br /> � ° � regard to the vaiue ot tho trust estate or the interest of the Borrower therein,sha�l have the right to appty to any court heving -
<br /> � jurlediatlon to appoMt a�eoeiver of the property. ;� � ?A''
<br /> 3. B►�ht to Possession.in case of detautt in the payment ot the said prinoipal Note or interest,or any part thereof,as it �,
<br /> � ahal i mature,or in the oase of taliure to keep or pertorm any of the aovenants or agreements contafned In t he 8eaurity�natru• �-•• �
<br /> " ._ ment, then the Lender, fts succesaors or assigns, shait be and ts hereby authorized and empowered to take immedlate `
<br /> �`---�----- . .
<br /> • .. poagesslon of the seitl premises therein desoribed and to cviieai ttro rnnta therairom,and to apply tha�Sraseads thrsraat to tt�e ..
<br /> payrnent of the Note. • •
<br /> ' ��' " � 4. Bpolicatlon ot RentaJssues and Proffta.Alt rents cotieoted by Lender or the recelver sha�i be applfed firat to paymeM ?'� .
<br /> of the costs of management of the property and coilectlon of rents,including,but not Ilmited to,recelver's tees,premtuma on � �
<br /> recelver's bonds and reasonable attorney's fees,and then to the sums aecured by the Seourity Instrument.Lender and the
<br /> , receiver shall be Ifab�e to account oniy for those rents aatualty received.
<br /> . . � 6. Construction ot Provlsions.Each of the provisions cnntatned in thia Assignment of Rents Rider and the Secunry�nstru• —•� -
<br /> ' ment shefl, uMess othe►wtse epeclficaily requtred, be construed ln accordance with Nebraska Iaw. and in the event any
<br /> provision herein or therein contalned shali be determined by a court of cornpetent jurisdiction to be unenforceabte,the seme , �
<br /> ' " shali be conatrued as though suoh unenforceable provlsion were not a pen hereof or thereof.
<br /> 8. �}eat ot RI er•Except as specfficel�y moditied by or inconsistent with this Assignment of Rents Rider or by any other
<br /> appllcabte rlder,al�of the terms and provtslons contained in the Seaurity instrument ahail continue i�ful�force and etfeot.
<br /> ItV WITNESS WHEREOF,Borrower has executed this Asstgnment of itents Rider on the date ftrst noted above.
<br /> ° � LELAND D. BREDTHAUER eorrower �
<br /> �
<br /> �.����,�P ,
<br /> . so�rowe► �
<br /> STATE Of NEBRASKA) I
<br /> tss: �
<br /> � COUNTY OF HALL )
<br /> � On this 1DTH d8y a} f�ARCH ,�g 94 ,before me,the undersigned,a Notary Public duly commissloned and �
<br /> qualifled fo�said county,personaliy came LELAND D BREDTHAUER. A STNGLE PERSON j
<br /> _,to be the identicet personls)whose name(s)islare subscribed
<br /> � to the foregoing instrument,and helshelthey acknowiedge the executton thereot to be hislher/thelr voluntary act and deed. �
<br /> Witneas rny h a NotaNai Seal st GRAN AND, NEBR�S�,_
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<br />—_ ' --- ---— My Commissfon exp��� ��-��� ��j. ���— --
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<br /> .. 1. . MF tQ10(79R) ����
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