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<br /> `�� � '��� ' �S810NA/ENT OF REMT8 RIDBW
<br /> �� � THIS ASSIQNMENTOF RHNT9 RIDER Is made and exeouted this 16TH day ot mARCH ^��g 94 ,and Ie -------
<br /> incorporated In4o and ehalt be deemed ta amend and auppiement the Mortgape or peed of T�ust,herelnaf4er relerred to as tha —
<br /> • "Seaurity inetrum9nt",ot tho e�me date piven by tha underolgned,herelnetter►eferred to aB the "Borrower", to securs
<br /> � Borrower's Indehtedneas.herelnaiter�eferred to as the'�Note",to HOME FEDERAI.8AViNti&ANO LOAN A630CIATiON OF ---
<br /> �_ .. _ _ __
<br /> ,; aRAND IBLAND.he�einRtter roterred to as the��Lender',of the eame date and coverinp the proporty desaribed In the Seourity -
<br /> '�• .. . , , Instrument and tooated nt:
<br /> .;;. ,. :..
<br /> � 411 S. f9ADIS�N. GRAND ISLAND� NEBRASKA 68801 `
<br /> �
<br /> �.,�:;. - —
<br /> • : (Prope►ty Addreas) _.
<br /> ,�` .'�":".. ,";�• WITNESSETH:
<br /> i�*�9. �! i.
<br /> � 42:Zi,.r f�'r :� .
<br /> �:�';���� � �;, WHEREAS,Borrower and Lender have agreed that any rents and profits attributable ta the proper4y should constitute ___
<br /> �ti•��}�'LT°''� ' '`h ' ` additlonat seourity to the Lenc9er for the payment of the Note; � ___
<br /> ' ;s'' ' : -
<br /> . � �'� NOW,THBREFOAE,it Is agreed that the 8eourity Instrument shall be amended hereby and deemed to Inoiude the followMg =` `°-
<br /> �� . .•., ` provlstona: __-• _
<br /> iE�..yu n'.: m..�.�
<br /> A • " 1. Asalanment of Rents and Lander Rental Coileotlon Rlahta.Borrower hereby absoiutety and unaonditlonaiiy asefgns ail �"-
<br /> : , - �. rente, Issues and protits of tho property to 8enetlalary. Lender shail have the right, powe� and authorit during the `` --
<br /> �:,`-; ..--
<br /> � aontinuance ot the Seourity Inetrurnent to colieat the rents, iseues and protita of the prope►ty a�d of an ars nel property .�;�_.
<br /> y p �'.- --
<br /> ---=- -- --- locatcd thoseort rtlth ar rsrlthat.+t tekleg possesslon of the property affeoted hereby. Lender,howevAr, f�eret�y��nAentR to �3=--"_-_�
<br /> } . • Borrower's aolteotion and tetentlon of such rents,isaues and profita as they aaarue and beoome payabte,so Iong as 8o�rower ,�,����:
<br /> ' Is not, at auah time, In defeult with respect to payment of any Indabtedneas seaured hereby,or In the pe�fo�mance of any ,_.•��_,
<br /> ' � agreement hereunder. Y:;
<br /> � 2. El000lntment ot Reoelver•it any event of defauit in respect to the Seourity Instrument shail have occurred and be �''y
<br /> � � continuing, Lender, as a matter of rtpht and without notloe to Bor�ower or anyone clafming under Bonower,and without , �n�' .�
<br /> ,�.
<br /> regard to the value of the trust estate or the interest o}the Borrower therein,shali have the rtght to apply to any court hevf�g �°�?"�
<br /> " Juriadlotlon to appolnt a�eaetver of the property. �;��
<br /> ��'.�r; 3. F31pht to Poasesslon.In case of defautt in the payment of the sald prinoipel Note or intereat,or any part thereof,as�t � '_
<br /> ��� � shati mature,or In the oase o}faliure to keep or perform any of the covenants or agreements contained in the Seourity Instru• -� �.�';
<br /> -• ' ment, then the Lender, ita successora or assigns, shatt be and ia hereby authorized and empowerecf to take immediate .:�-.;,
<br /> __- - -- pogse8elon ot!he 9e4�p►AmlgwA thareln dascribed and to colleot the rents therefrom,and to apply the proCeBde thereof to the ' -_
<br /> ° payment of the Note. • • �
<br /> • � . • 4. ppatfcation of Ren a.issuea and Profits.All�enta co�leated by�ender or the reaeiver shail be applied first to payment �r�•�:�:,�
<br /> • of the costs of management of the property and collectioe of rents,lnoiuding,but not Iimlted to,�eaeiver's tees,premiums on , �r
<br /> � ' teaelver's bonds and reasonable attorney's fees,a�d then to the aums seoured by the Security Inatrument.Lender and the ,
<br /> ... �. � .._.._-..._.. _.._....._ reoelver shail be Ilabie to account onty for those rents aotuaily received, �
<br /> _ . _. ;.. .. ._
<br /> 5. C�onatruation of Provtalons.Eaoh of the provisions contained in thia Asaignment of Re�ta Rider and the Security Instru• �
<br /> • � ' ment shatl, unless otherwise speaificaliy required, be construed i� acoordance with Nebraeka law,and In the event any .. .
<br /> � �_ . ' provision herein or therei�contained shatl be determined by a court ot competent jurladiction to be u�enforceabie,the same ,
<br /> , ahall be construed as though such unentorceable provislon were not a pert hereof or thereof.
<br /> 8. �}}ect of Rider.Except as apecifically modlfled by or inconsistent with this Assfgnment of Renta Rtder or by any other .
<br /> „ appQoabte rider,all ot the terms and provlsions conteined in the Security Inatrument shalt continue in fuii force and etfect.
<br /> /: , �
<br /> � , iN WITNESS WHEREOF,Borrower has executed this en nts Rider on the date firat noted above.
<br /> �«. .,
<br /> ' � IAN J. GA 9orrow ' .
<br /> ' SUSAN �I. GAY •eorrowe
<br /> STATE OF NEBRASKA�
<br /> > (ss:
<br /> COUNTY OF HALL )
<br /> � ' On thls 161k1_day ot IriARCH ,19�,betore me,the undersigned,a Notary Pubtic duly commissioned and
<br /> quailfied tor said county.personat�y came 6R AN T CAY AN� SLISAN m GAY Hi isaaNn aron ���iFE
<br /> ; � ,to be the fdentical person(s)whose name(sllslare subacribed �
<br /> � • . to the foregoing instrument,a�d helehelthey acknowledge the executlon thereof to be hislheHthofr voluntary act and deed. �
<br /> ' . Witness my hand and Notarial Seal at GRAND ISLAND, NEBRASKA __ ,
<br /> ' sald county,the dat afores i 1 �
<br /> , �. ; GElIIERAL NOiAR1'•SuU otlUOrail� ,.�.�[.�C�._.�..� �
<br /> �Rr°•�D8T0R� Notary Public
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