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<br /> :-�m..,.,,-�,��.,� 1'/TH de mARCH �g 94 �__-- -
<br /> .�--•--_=-=---- YHIg ASSIaNMENT OF RENTB RIDER Is ma�e and exeauted thin __.. y of , ,and Is ��.._—_
<br /> - m • incorpor�ted Into and ehall be deem�d to amend ertd eupplement 4he Mortqage or Deed of Trust,herelnaiter reterred to as the
<br /> � "8eaurity InetrumenY',oi ths a+�me date�Iven by the underelprtasf, hereinefter retsrred to aa the"Bor�ower", to seaure �
<br /> 8orrawer's In6ebtednseh,hereinatter retened to ee ths"Note",to HOMB FEDERAL aAVINGS AND LOAN ASSOCIATION OF
<br /> • CiR11N018LAN�i,heralnaRer referred to as the��Lender���ot the e�ms d�te and ooverinp the property desoribed in the Seourity
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<br /> Inelrument tnd taoated at: 15�4 ROSEmONT AUE. GRANO ISLANQ NE 68801
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<br />�- - -- APACHE. Gt�AND ISLANQ NE 88801
<br /> �- : . : -- _ _
<br /> �� (Property Addreee)
<br /> '; WITNESSEI'H: _=-
<br />= t . WHEAEAB, 8orrower and Lender have aqreed that any rents and proflta attributable to tho prope�ty ehould oonstitute �;�-
<br />� " "� addlNonai security to the Lender for the payment of the Note; '�' �__�_
<br /> � NOW,THEREFORE,It Is apreed that the Seourfty Instrument shalt be ama�ded heteby and deemed to inatude the fotlowing �-�
<br /> , ��,�:��x^�`f: provislond: �.�lia�
<br />�. ,t{�5�^'G �,:,..;^•r`_".�.�` �4' __
<br />� .ie;:, u .. �: 1. ealpnrnent of Renta and L,gnder Renta Colteotion RlahtQ,Borrower hereby absolutely and uncondltlanaUy assigns ail �:;��
<br />� ,�.::�:; ��..�-,'` �` rents, Isaues and profits of the property to Beneflalary. Lender shatt have the right, power and authority during the ;..,.yp�:�t•=
<br /> `��'•�`•,Y�`'� �'^�� continuanoe of the Seourity Instrument to colleat the rents,Iseues and profita of the property and of any peraonai property �i%�=�
<br /> . �..:,,:. : ...
<br /> �• �-� � j` looatec!thereon with or wlthout taking Qoasesslon of the property affeoted hereby. l.ender,however�hereb conaents to �'"';y�;___.
<br /> .. . Y �:.?C'.,� - --
<br /> _= �--__-_--- t3arrawsr'a cattscilan assd rslaMtoa cf s�seh rents,issues en�!prollfa aa thay aecrue and beoome peyable.so Iona as Borrower �' �:::.,'_ _
<br /> " � Is aot,at suah time,in detault with respect to payment ot any indebtedness aeaured hereby,or In the performenae ot any , ,�:s,;_
<br /> . „ agreement hereunder. �.'.,��.=
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<br /> • 1 ' 2. A000lntment of Receiver. If any event of default In raspect to the Security Inslrument shatl have ocourred and be _
<br /> . � continuing,Lender, as a matter of right and without notice to Borrower or anyone c�aiming under Borrower,and without
<br /> ' � � �egard to the value of the trust estate or the interest of the Borrower thereln,ahal�have the right to apply to any court having ,:, �;�
<br /> , ju�(sdlotlon to appoint a recelver of the property. : . x'
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<br />- 3. 81aht to Possesalon.U case ot defauit in the payment of the eaid princlpai Note or interest,or any part thereof,as it _
<br /> „ shall mature,or in the case of failure to keep or pertorm aay ot the aovenanta or agreements contalned in the Seourity Inatru• - --
<br /> a ����Y
<br /> ment, then the Lender, Ite suacessors or assigns, shal� be and fs hereby authorized and empowered to take immedlate �� �
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<br /> ' po88eselon of the satd premises thereln described and to coilect the rents therefrom,and to apply the proceeds thereot to the �,�; �
<br /> - , -- :.
<br /> `° ` payment of ihe Note. .
<br /> : � .- �, _._
<br /> " 4. Aa�lfaation of Rents.issues and Profits.AII rents coileoted by Lender or the receiver ahali be applied firat to payment c<
<br /> „ ' of the costs of management of the propetty and colfeation of rents,including,but not Iimited to,receiver's fees,premiums on • „
<br /> " recelver's bonds and reasonabte attorney's fees,and then to the sums aecured by the Security Inetrument.Lender and the �, �
<br /> � „ reoelver shall ba Ilabte to acoount only for those rents aotualty rece�ved.
<br /> . 8. Qonatruotlon of Ptovielona,Eaoh of the provisions contalned In thisAssignment ot Rents Rider and the Security Instru• "�
<br />- " ment shalt,u�les8 Othetw189 epeclfiGally requlred, be construed in accordance wlth Nebraska taw, and In the event any j -
<br />_ . . � � provlslon herein or therefn contained ahali be determfned by a court of competent jurladictlon to be unenforceabte,the eame '
<br /> •� shetl be constru�d as though auoh unenforceable provlslon were not a part hereot or thereot. , if`,
<br /> � �• 8. Effeot of Rider.Except as apecltically moditied by or fnconslstent with this Assignment of Rents Rfder or by any other ���'� ,
<br />.� � appitaabte rider,ait of the terme and provisions contalned in the Security instroment shali contirtue In fuil force and effect. -�� ; ��
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<br /> �' IN WITNESS WHEREOF,Borrower hae executed this Asaf n ent of Rents Ride o�the date first noted above. � '��.:�� �
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<br />- ' 1�,•� � ��� �
<br /> Qa�
<br /> _ _ . JA�E . ERTH Borrower � . . .... .-, _�
<br /> � � c
<br /> C.. �c�. •.� � la1 C ti.`E-� r a�
<br /> � ELAINE 8. WERTH eorrower , - �°
<br /> ,i �.�:
<br /> STATE OF NEBRASKA) i �
<br /> � (ss: �
<br /> '. • COUNTY OF HALL ) f�
<br />= ' On this�3?tL_day of mARCH ,19�4�,before me,the underaigned,a Notary Public du��y commfasloned and � •"
<br />=;i�, quallHed for said county,personaliy came JAmES A WERTH AND ELAINE 8 WERTH. HUSBAND AND_W_IFE i ,r
<br /> � ,to be the identical person(s)whose name(s)Islare subscribed : �
<br /> •f � . to the foregofng inatrument,and hel9he(they acknowtedge the execution thereof to be htslherlt r v4tuntary act and deed. ,
<br /> � � Witnesa my hand and Notarla�Seal at GRANO ISL�AIE}, NEBRASKA _
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<br />_ � ' in sa /coun y/-��ye at a d ' �
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<br /> . " • Notary Pubilc "
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