|
-m�taa � ... _.. -.-. . ..,,. . . -.
<br /> -.r�.��� �� I��IY��I � I�����•T-, �. � _ —--
<br /> 4 ;.' . ' �. -t - . . ' ... . _ .
<br /> . ,� � � . . �j .� --
<br />_.
<br /> � -� � �'�`-'�" r]�i.����-.� � _, • _�_ ..w..
<br /> , ,� . _ . _.- --'� - -•--- --...
<br /> _y� - . .._.__�._ ... ._.. -- _
<br /> 1 Y w
<br /> � r=��,,,,� ABSiQNMENT OR RENTS RiDER ,�`t� ���
<br /> �
<br /> ,.�,...--�-
<br /> ,.�+..�'�
<br /> ' THIS ASSlQNM�CNT OF RHN'f8 RiDER la made und exeauted this i1TH day of MARCH �1p 9 ,and Ia _�-_
<br /> - inaorporated Into and sha�l be deemed to amartd and auppiement the Mortpa�e er O�ed ot Trust,herelnelter reterred to aa the _� -
<br /> "Seaurity Instrument", ot the aeme date pivan by tha underalpned,herelnefter referred to as the "Borrower",to eecure
<br /> `:��lp � Bot�aweNe indebtedneae,hereinaker reter�ed to as the"Note",to HOME FEDERAL 8AVIN03 AND�OAN A880CIATION OF
<br /> - -- — 'QRAND ISI.ANQ,herelnsiter referrod to ae the"Lender"�of the eame date and coveNng the propeny desaribed In the 8eourity
<br /> — - -. - -- - Inatrumset and loratcd at:
<br /> ;�,.,..;.., �-_-_--- ---
<br /> �.,:.�.�..
<br /> ���. � " ' 1912 NOR�CUSTER. GRAND ISLAND. NEBRASKA 68803 r _
<br />_ i.. � ,�. -„ ; tPrope�ty Addreaa) —
<br /> ;a>._�'«...•, WITNE8$ETH: :..
<br /> r�i.kl, `�1-t.."'� 1 -- —
<br /> ' � .if�•�.'� .�
<br /> � WHEREAS, Borrower and Lender havs agreed that any renta and profits attrfbutable to the property shoutd aonatitute �:a��__
<br /> ' �."'t:�-. �%'�..°'- .+� additiona�seauriry to the Lender for the payment of the Note; �_._°--�---
<br /> ,. -�r� �.r:=---_. ___.,_.,..-. .
<br /> �'.''::•� .. �� � NOW,THEREFORE,it is agreed th�t the Seourity Inatrument shall be amended hereby and deemed to inalude the followinp :,::"�_-_ `�
<br /> ' �. �•� , provisions: �"'=�_=�-�
<br /> y�
<br /> r :. _ . d � �:�^wRq�"'wmn—
<br /> � � �, r Borrower hereby absoiiitely and unconditfonalty assigns all �_�'_=_ _—_
<br /> j. .� rents, isaues and proffts of the property to Benefiatary. Lender shali have the right power and authority during the � """°-_---
<br /> �� ' ' continuance ot the Security Instrument to coiiect the rents,issuea and proNts of the property and of any peraonal propeRy �`�%�;;r
<br /> looated thereon wlth or without taking posaeasion ot the property affeoted hereby. Lendar. however,hereby aonsents to �'�;��-_:. _ _
<br /> t ° Borrower's aolteotion and retentlon of suoh rents,lesues and profits as they acorue and beoome payehte,so long as Borrower : ���".�"X•-
<br /> �� � is not,at suoh time,in detauit with reapeot to payment of any Udebtednesa secured hereby,or in the pertormance ot any . __ - --
<br /> ag�eemeni hereunder.
<br /> S �., 2, �000intment ot eceiver.if any event oi default in respect to the Seaurity Instrument shall have 000urred and be � � `°`=
<br /> ', continuing, Lender,as a matter of Nght and without notloe to Borrower or anyone a�aiming under Borrower, and without _��'"°°° -
<br /> � regara to the value ot the trust eatate or the intereat of the Borrower thereln,shati have the right to apply to any court having �,;�r'.����;
<br /> . . jurisdiotion to appoint a reoeiver of the property. ,„ ,, . �
<br /> ' �� • 3. Riaht to Possession.In case of defauit in the payment ot the said prUcfpai Note or Interest,or any par4 thereof,as It „��,. ,_�.
<br /> ahal�mature,or in the case of faflure to keep or perform any of the covenants or agreements contalned in the 3eaurity instru•
<br /> . � ment,then the Lender, its successors or assigns. shatl be and is hereby authorized and empowered to take Immedfate ' :•��
<br /> • � possesalon ot the sald premisea therein dosaribed and to cotlect the renta theretrom,and to appiy the prooeeds thereof to the { r,�_
<br /> - ;__-=—------ p�yf�i@tit OT ih8 NOtB. -----
<br /> 4. Aaaticatlon ot Renta Iasuea and Profita.All rents aoliected by Lender or tne recetver shail be app0ed first to payment „ , . _ -
<br /> " ot the aoats of management of the property and catlectbn of rents,Mctuding,but not timited to,reaeiver's feea,premlums on „�, „`,_�
<br /> receiver's bonds and reasonabte attorney's tees,a�d then to the sums eecured by the Security inatrument.Lender and the . —
<br /> reaelver shall be ilab�e to account oniy for those renta aotually received.
<br /> 6. Construation of f'rovisions.Each of the provlsiona contalned fn this Assignment of Renta Rider and the 3ecurity Instru• ��--
<br /> . ,,. . .... _.. '=_
<br /> ment shall, uniess otherwise specificaily requlred. be construed In accordance with NebrasKa Iaw, and �n t�e evem any ---_ �� •�:-
<br /> t ' , provision herein or theroin contalned shail be determined by a court of competent jurlsdiatlon to be unenforceabte,the same �-'_
<br /> shall be oonstrued as though such unenforceab�e provfalon were not a part hereof or thereof. ��
<br /> { B. Efteot of Rider.Except as speciticaily modlfled by ar Inconsfstent wfth thls Aesignment of Rents Rider or by any other � ��,-;
<br /> appltcabie rfder,ali ot the terms and provisfons contained In the Security Instrument sha��continue in full force and effect. ��
<br /> :�..
<br /> ' � IN WITNES8 WHEREOF,Borrower has executed this Assf nment of Rents Rider n the date tirst noted above. , "''�',,�-
<br /> ,�,
<br /> /Le � �- y�.--
<br /> - 6o wer .
<br /> ' JEROME F. LYONS ` � •� .
<br /> � /��s�nt'`�-�Q/ � � � � .
<br /> ' T ! BOtI0W9f f . ,..
<br /> J�ERRILYNN K. LYONS I
<br /> STATE OF NEBRASKA) �
<br /> � .. .
<br /> (as: �
<br /> � COUNTY OF HALL >
<br /> �
<br /> � On this_1111�L_day of MARCH ,19�,betore me,the undersigned,a Notary Pub�ic duly commisatoned and +
<br /> qualitied for said county,personatty came JEROME F. I,YONS AND JERRILYNN K. LYONS �
<br /> ` (HUSBAND AND WIFE) ,to be the identical person(s1 whose name(s)le/are subscribed �
<br /> to the foregofng instrument,and he�she/they acknowledge the execution thereof to be hismerltheir voiuntary act and deed. �
<br /> Witnesa my hand and Notarial Seal at GRAND ISLAND, NEBRASKA '
<br /> , � In sql�l��,th� e esal ,
<br /> �--�) � ../
<br /> �--
<br /> ��������� ryPubltc
<br /> My Commisslon expires: ���� --
<br /> .. .,,_:- - - -�...-.�.�,��I99b
<br /> � HF r09017921
<br /> � 1 r_
<br /> . % ti
<br /> � ��
<br /> �.
<br /> t
<br /> /
<br /> ��
<br /> . 4
<br /> • t
<br /> 1
<br /> f
<br /> . y ,
<br />
|