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<br /> __— - Ad81QNMBNT OF RENTB�IID�R
<br />_ `�-�'`'''� � TH18 ABSI�NMENT OF RENTS Fi1DER Is mado andaxeauted this. sTH day of mAfiCH ��g s4 �and la -- "` � " -"�
<br /> ��---� -� inaorporated into and shall be deemed to amend and eupplement the Mortpa�e or Deed of T�ust.herelnaiter raferred to aB the
<br /> ��SsourNy Inetrument'�� of the eame date piven by the underelpned, hereinafter refer�ed to es the"Borrower"�to eeaure
<br /> - ---- • Borrower'a Indebtednesa,herelnaRer ret�rrred to as the��Note",to HOME FEDERAL 8AVIN08 AND LOAN A6SOCIATtON OF
<br /> ' QRAND 18LAN0,heretnafter reterred to as tha"LertdeN��of the eame date and cove�l�p the property daecrfbed In the 6eourlty
<br />- - inetrument and located ah �- -
<br /> _;� �_._...
<br /> - -- ---.
<br /> -- --- 4D39 CANNON ROAD. GRAND ISIAND NE 68803 � `�
<br /> `� � (Property Addresa)
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<br /> WITNH83ETH: ..�, _ .
<br /> �'" ' WHEREAS, BorPOwe�and Lender have apreed that any rents and profits attributab�e to the propeny ahoutd aonstitute -=-
<br /> , . �`���� additlonat seourity to the L.ender tor tha payment ot the Note; ���=�-=
<br /> . .. .:.t .. ; �W:�_°=__�.,_,.�- .__
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<br /> 1�..,.d ;'
<br /> ' s�.�'��s.; NOW,THEREFOFtE,it Is agreed that the 8eaurit Ustrument shait be amended hereby and deemed to Include the tollowlnp �'_���
<br /> +�..:�o k. � o s Y
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<br /> . �a•;_ � provisions:
<br /> � - ��:.t: ;:���_
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<br /> k�_'`",,.., :,.:,.•��� ;:� .=__.,ti
<br /> �?' � 1. �slanment ot Rents and Lender Rental Collectlon Rfohts.Borrower hereby abaoiutety and unco�ditionaily assigna all
<br /> . . 4..,I,:Y'
<br /> � renta, tsauea and profits of the propeny to Beneflofary. Lender ehali have the right, powor and authority duri�g the �=��=�_-• —
<br /> �' .. .. :_'•.* � ---=
<br /> • - contfnuance of the 8eaurity Instrument to aoilect the ronts,lesues and proffts of the property and of any personai p�operty , ���,���;:
<br /> �.��° - � looated thoroon tivith or witfiout lsking poaseeslon of the property affeated h6reby. Lender, however, hereby conaents to .:',':1=����,===:= - _ ____
<br /> . �__=�____.__.=,�___� Borrower�s colleotion and retention of suoh rents,issues and profits es they accrue and beoome payable,so long as Borrower •_�:_
<br /> ' � is not,at suoh time,in default with reapect to payment ot any indebtedness seaured hereby, or In the performance of any __ -
<br /> • � agreement hereunder. w',P•=°°
<br /> . 2. Aocolntment of Reoetver. �f any event ot detauit in�eapeot to the 3ecurity �nstrument ahati have occurred and be • ,
<br /> " � coniinuing, Lender,as a matter of right and without notice to Borrower or anyo�o ciaiming under Borrower,and without __
<br /> � • „ .. •• regard to the value ot the truat eatate or the interoat of the Borrower therein,shall have the right to apply to any oourt having =
<br /> ,, juriadiotion!o appolnt e reaeiver ot the property. . ,.' —•
<br /> - � 3. Riaht to Poasesslon.In oase of defautt In the payment of the said principal Note or intereat,or an � Y _
<br /> y part thereot,as it
<br /> , sha�t mature,or In the oese of failure to keep or pd�torm any oi the covenants or agreements contained fn the 3ecurity Inatru• --- -
<br /> • ment, then the Lender, its successors or assigns,ahatl be end !s hereby authorized and empowered to take immediate '
<br /> possession of the said premises thereln described and to collect the rents therefrom,and to appty the proceeda thereof to the '���� .� '
<br /> " �—'� payment ot the Note.
<br /> ' 4. Aootloation of Rents.�saues and Protits.All rents coilected by Lender or the receiver shalt be appiled first to payment ��
<br /> � •� oi the aoats of management ot the property and cottection of re�ts,Inciuding,but not timlted to,recefver's fees,premiuma on
<br /> , receiver's bonds and reasonabie attorney's fees,and then to the sums seoured by the Securlty Instrument. Lencler and the ��� ,
<br /> reaeiver shail be�labte to account only for thoae rents aatuaily received. •
<br /> . :..._. _....,.....___ __.__ 8. Conatruatlon of Ptovislons.Each of the provislons contafned in thia Assignment of Rents Aider and the Security instru• • .
<br /> ,.�. ....... ... ... ..
<br /> � ment shalt, unleas othervuise speciffcatiy required,be construed fn accordance with Nebraska law, and f� the event any "���""'-�r' • �
<br /> � provision herein or therein contained shali be determined by a couR of competent jurisdiction to be unenforceabte,the same
<br /> � „ ehatl be construed as though auch unenforceable provision were not a part hereot or thereof. . ���.y�,,
<br /> 8. gifect of Rider.Except as specifioal�y modlfied by or Inconsistent with this Assignment of Rents Rlder or by any other . - .
<br /> applicable rider,atl of the terms and provisions contatned in the Security instrument shail contlnue in full force and eifect. ���,i{
<br /> � ��
<br /> .. ;..�y�-:��r���
<br /> iN WITNESS WHEREOF,Borrower has executed thls Aasignment of Rents Rider on the date tlrst noted above. ����;�"�;•:;--�
<br /> • � J,�L�����1�'� ' ' �
<br /> , . CHRI ST pHER D1AY eorrower � - ��
<br /> �l�r����j � .. . : _.��_��
<br /> ,. ' • F�£S ELLEN �IAY sorrower ` •. �� '��'�
<br /> � , . �{
<br /> STATE OF NE6RASKA) f � r
<br /> 1as: �
<br /> COUNTY OF HALL ) I �
<br /> 8TH mARCH 19 94 � j
<br /> On this day of , betore me,the underaigned,a Notary Pub�ic duiy commfssloned and '
<br /> quaitfled tor sald county,personally came CHRIST(IPHE$ L. mAY ANU FRANCE$ ELLEN mAY. HUSBAND AND g
<br /> ,
<br /> �, I,ITFF ,to be the identical peraon{s)whose name(s)lelare aubscribed •
<br /> to the toregoing instrument,and helshelthey acknowtedge the executlon thereof to be hislher/their vo�untary act and deed. I .
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