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<br />„���:�,�`-:�..; ��� ABSIONM�NT OF R8NT8 RIDER ------
<br />�=•;��63�"* 21ST f�NRGH ,7994 �andle
<br /> � • THIS ASSIQNMENTOF RENT3 RIOHR le mad�and exeauted thte day of
<br /> — — Incorpatatad Into nnd ehall be deemed to amend and aupplement the Mort�aqa or Oeed ot Truat,herelnafter roterrocf to de the
<br /> :� . �- _--
<br /> • :�T��� "�ecurlty tnstrument", o!the samo date pfven by the underel�ned, herolnafter raferred to as the"BOffOWA�",to esaurs �_�_ __
<br /> — --' Borrower'a Indebtedneaa,herelnafter reterted to ea the"Note",to HOME FEDERAL 8AVINQB ANO LOAN ABSOCIaTION OF
<br /> . •�r�= � •~ aRAND 13tAND.hcrotnafter referred to ne the"I�endeP',of the eame date and ooverin�the ptoparty deaarlbed In the Ssourlty
<br /> . ,.,.
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<br /> �"'`""�'''�� Inattument and tocntod at:
<br /> ,� - r- _ _--_ . _
<br /> . � 912 W. KOENIG, GRAND ISLAND. NEBRASKA 68801 .
<br /> a:��.:' � �.�,:��` �Property Addresa) �
<br /> i �
<br /> � '`�`��':'''�`f" WITNE33ETH:
<br /> . �r;.:,.,�..�.r. ;
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<br /> � p:•-�-Y . - WMEREAS,Borrower and Lsnder hsve agreed that any rents and proflta attrlbutab�e to the property shoutd conaSltute
<br /> r u � ;��.�;; additlonal seau�fty to tt�e Lender tor the payment ot the Note; -----
<br /> �'�; . ;
<br /> �• • � NOW�THEREFOAE,it is agreed that the 8ecurtty Instrument shall be amended hereby and deemed to Inalude the totlowing
<br /> , , , '�. provlsions:
<br /> . ": •., :;' ' 1. �aianment t Renta and Lepder Rental Cottectlon Rfahts.Borrower hereby abaolutely and unaondltlonally aselgns all
<br /> ' rents, Issues and proflts of the proparty to 8enetloiary. Lender shall have the rlght, power and authority durinp the
<br /> • :• - '• ' aantinuartco of the 8eaurlty Inatrument to colleot the rents,lsaues and;�roflts of the property and ot any peraonat property `
<br /> looated thereon with or wtthout taking possession of the property affeoted hereby. Lender,however,horeby consents to �___ - -
<br /> i � �� Borrower's aolleatfon and retention ot such rents,�ssuea and profite as fhey aaarue and i�nuo���e NayaGia,sa tar�g as 8orsauar Q.:-_;.-_
<br /> � ` ls not,at suah tfine,tn default wlth respect to payment of any indebtedness aecured hereby,or in tt�e pertormance of any •� - t,.,
<br /> ,. agresment hereunder. '•-f'`��
<br /> �� � 2. Ao�olntment of Reaelv_er.It any event of default In respect to the Securlty Inatrument shatl have ocaurred and be � �.'i;;*��;.
<br /> .. aontlnuing, Lender,as a matte�of rlght and wlthout notice to 6orrower or anyone clalming under Borrower, and without �.4 ;;��: -
<br /> • regard to the value of the trust eatate or the Interest of the 6orrower thereln,shall have the rlght to apply to any court having . �--
<br /> Jurlsdlctlon to appolnt a�ecelver of the propeRy. � ;"`°`-�
<br /> 3. �ht to Possesalon.In case of detautt In the payment of the sald princlpal Note or fnterest,or any pa►t thereot,as It '°t`
<br /> shalt mature,or In the case of falture to keep or perform any of the covenents or agreements contalned In the Seourlty Instru• ., ='+-`���e,�
<br /> ment, then the Lender, its suoceasors or asafgns, shatl be and Is hereby authorized and empowered to take immediate ' , y�"��'
<br /> �-- poeaesslon ot the said premises therein descri�,ed end to oolieci tha rarsts tharatrorsi,and!o apply the prxsed�lhereof t�the _ _
<br /> payment of the Note. •.
<br /> ' 4. Aoalication of Rents Isauga and Profits.AII rents cotlected by Lender or the recetver shall be applled flrat to payment , �+
<br /> ; ot the costs at rs�anagement of tho property and collectlon ot rents,Including,but not Ilmfted to,�ecefver's feea,premfums on ,
<br /> reeelver's bonds and reasonabte attorney's tees,and then to the sums secured by the Securlty Instrument.Lender and the �e �f
<br /> `� reaelvet shatl be Ilable to account only for those rents actua�iy reaelved. �, "�
<br /> �� ' 6. Construatlon of Provlslons.Eaah of the provlstona contained in thia Aaslgnment of Rents Rlder and the Securlry tnstru• � �`~���•
<br /> ment shatl, unless otherwlse specltlaally required, be construed In accorda�ce with Nebraska law, and In the event any
<br /> provlslon hereln or therefn contalned shall be determfned by a caurt of competent jurlsdlctlon to be unenforceabfe,the same
<br /> , ahell be construed as though such unentorceable provlsion were not a part hereof ar thereot. � �`+'''"�'
<br /> .�� '';h
<br /> 8. Effect of Rlder.Except as speClfically modl}fed by or fnconslatent with thfs Asslgnment of Rents Rfder or by eny other - ,, �
<br /> appticablo�ide�,all ot the terms and provlsfons contalned in the Securlty�nstrument shall conttnue in tull torce end effect. �.�,��.'�s 1�
<br /> , ';;��s-�
<br /> � tN WITNESS WHEREOF,Borrower has executed this Ass g ment of Rents Rlder on the ate f►rat noted above. >,.�'/ •�
<br /> /,
<br /> �GU ILERmO A. QU�Y`A�Ae1 .. ,' -
<br /> '�-lL.�. , � �. � �—
<br /> Borrower .
<br /> •'r ANA V. QUEZADA '
<br /> , .,.,
<br /> ,. STATE OF NEBRASKA) i
<br /> . . • . (ss: I
<br /> ; . COUNTY OF HALL )
<br /> ' On thls 21 ST day of mARCH ,18 94 before me,the undersigned,a Notary Pubtic duly commtsstoned and �
<br /> � quatlfled torsald county,personallycame ���ILLERIhQ A. OUFZAOg RND RNA U., OUEZADA. HIJSBAND L1N�UlIFE
<br /> ,to be the Identical person(s)whose n�me(s►Islare subscrlbed �
<br /> to the toregoing Instrument,and helshelthey acknowledge the executlon thereof to be hta►her/thetr voluntary act and deed.
<br /> � Witness my hand and Notarlal Seal at GRAND I5LAND, ASKA �1
<br /> in sat h a " �
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<br /> �'Q� otary Pubttc
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<br /> • My s�E��cplres: _Q1�J -
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