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<br /> -- -- MtsiGNM�NT Q,�!118N'�3 RiDEfI
<br /> � • THI&A68I�NMENT OF RENTB RIDER ie mtds�nd sxsoutad thla,.��.T�day of m�RC� ..,..�ip�`� ,�nd I•
<br /> -----,•_
<br /> -- Inaorpor�ted into and ahait b�dNm�d to�m�nd�nd suppt�m�n!the Mortptp�or pwd of Trust,h�r�i�dter roi�rred to as the
<br /> "$eottrity InNrumsM", of ths stms d�t�piwn by ths undarNpntd. her�inNtet�efernd to�t tht " �aow�r � o Hcure _
<br /> - • 8orrower'�Indobtednos�,h�ntnatt�r r�f�rred to as th�"Noto",to HOM�FEDERAL SAVIN(�S AND LOAN A880CIATION OP
<br /> - - - Qf�Ahai8111P1�,d�ril�Atterret�aadtecatlsa���xRdaP',oftheeatnedateaedeov�rin4the��opsKyd��orl�edlnth�8�ourlty .____
<br /> - - Inetrument nnd tooeted at: •- -- --
<br /> 322 CHEROKEE, GRRNQ �SL61ND. NEBRASKA 68803
<br /> _ �t (Property Addreae�
<br /> �{� WITNESSETH:
<br /> WMEREI►S, Borrower and Lender have a�reed that any rents and p►otfts attrlbutabte to the propeRy ehould condtltute
<br /> ,.
<br /> additlon�l ssourlty to tha Lender tor the payment of the Note;
<br /> , � :; NOW,THEREFORH�it is apreed that the Seauriry Instrument shall be amended hereby and deemed to Inctude the followinp
<br /> � ,L:::' provisiona;
<br /> • '+rb°c:iZ.
<br /> �1'�'• :r;.�.,..,.-,�.
<br /> ''� 1. Aealanment ot Rents art�Lender Rentat Colieatlon Rfa�te_Borrower hereby absotutely and unCOnditionally assipne all
<br /> +,;�1t.��ti`^�,.�ii';:..
<br /> ��•'���t•••1�°�a:.. rents, iaaueu and profits of the propeAy to Benefioiary. lender shall have the ripht, power and authority du�ln� the
<br /> ,;,�,;. :� .,:,• ...�...
<br /> 4 •�•'� - ''- .a continuance of the 3eaurity instrument to colieot the ranta, tASUes and profits ot the p�opertyr and of any personal property _
<br /> ` ' losated thereon with or withnut taking posseaslo�of the property aHeated hereby.Lender,however,hereby consents to
<br /> � � � �� BorrowePs aolteotlon and retentbn ot suoh rents,lasuea and profita as they accrus an0 become payadie,so ionp as 6arrvwer
<br /> ,° is�ot,at auoh tfine,in defauit with respeat to payment ot eny Indebtedness seaured hereby,or In the periormance of any
<br /> � � � agreement hereunder.
<br /> • 2. Aocolntment ot Reaeiver.Ii any event of defauit In reapeot to the 3ecurity Inst►ument ahall have occurred and be
<br /> continuing,Le�der,as a matter of right and without notice tn Borrower or anyone alafming under Borrower, and wlthout
<br /> „ • ,:t regard to the value of the troat eatate or the interest of the Borrcwer therein,shali have the right to appiy to any court having
<br /> �� ` jurisdictton to appoint a receiver ot the property.
<br /> � � '' � , " 3. Biaht to Posse aton.in case ot default In the payment of the said prtnoipal Note or interest,or any part thereof,as It
<br /> ahall mature,or in the case of fafiure to keep or pertorm eny of the covenants or agreements contained in the Security InstnH
<br /> „ ment, then the Lender, Its successors or assigns, shalt be end Is hereby authorized and empowered to take fmmediate
<br /> _ , possesaion of tiie adi�pre�ti888 titer83t�d8sctlbsd atsd!o co!lCCt!he r$n!s theteflom,en�to agpty the proceeds thereot to the -_
<br /> payment of the Note. :
<br /> ' 4. Aonlloation of Renta.lsaues and Profits.All tenta colleated by Lender or the recefver ahali be applied first to payment
<br /> . o/the costs of management of the property and collection of�enta,inctuding,but not I{mited to,receiver's teos,premiums on _.
<br /> • � recelvers bonds and reasonabie attomey's tees,and then to the suma secured by the Security Instrument. Lander and the -_
<br /> � receiver shat�be Uabte to account only tar those rents actualiy receivod. :F-�
<br /> S. Construction ot Provlsions.Eaoh of the provisiona contained t�this Assignment ot Rents Rtde�ana tne 8ecunry inst�u• �,�_:
<br /> ment shali,uniesa otherwlee speclficaily required, be conatrued in accordance with Nebraska law,and in the event any
<br /> •• provision hereln or thereln contained shalt be dete►mined by a court of competent Jurisdiction to be unenforceabie,the same =;•
<br /> sha�l be construed as though such unenforceable provielon were not a part hereof or thereof.
<br /> � 8. Effect of Rider.Except as specifically modified by or inco�slstent with this Assignment of Rents Ride�or by any other
<br /> appllcable rider,a��of the terms and proviatons contatned in the Security Instrument shall continue in fuil force and effect.
<br /> �N W�TNESS WHEREOF,Borrower has executed this Assi nment t Rents er on the date first noted above.
<br /> . `� ,.
<br /> � Bortower
<br /> i'� P�RICK SEDIV , �
<br /> ,
<br /> � Borrower
<br /> , ,� OARCY TRSIC SEDIUY
<br /> STATE OF NEBRASKA)
<br /> ' (ss:
<br /> ' COUN7Y OF HALL )
<br /> On thia 1'1 TH day of mARCH ,�9 94 ,betore me,the understgned.a Notary Pub�ic duiy commFSaloned and � .
<br /> qua�itied for said county,personatiy came m. PATRICK SEDIUY AND DARCY TASICH SEDIVY. HUSBANO AND
<br /> ; ,� WIFE ,to be the Identicai
<br /> person(s)whose name(s)lalare subscrlbed
<br /> , to the toregoing instrument,and helshelthey acknowledge the execution thereof to be hislherlthefr voiuntary act and deed.
<br /> Witness my hand and Notarial Seal at GRAND ISLAND, NEBRASKA .
<br /> ' " n s�county,the date aJoresatd.
<br /> � � C� .-���C'�
<br /> ������� Notary Pubuc �
<br /> pEgpMM 4 K!M t�
<br /> —�_____�- My Commfaslon expi���°'"A�.�---- --
<br /> , ; NF t000 p921
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