|
_ � ._.._. . _� �.���� . __ _
<br /> . '�'y o'..� ' ,� . .�q�y�.uw wN.yw�..r'� tryr` .' O // � , -
<br /> . ' ' ,� r.Ki4.lyran�"'T^^"�wwwV••' ' ., . ' ' . _.._. - .
<br /> .��
<br /> "_�"�.....1�.�.,j . i. .. . .
<br /> ..-�_��,_ �—��sa.waa - . . .. ,. ...
<br /> �
<br /> _—. _ y� 1.
<br /> ' — • •
<br /> - • Al�SIQKMB�,IT OF RBNTB RIDBR ��'1�� ����� .
<br /> �� YMIS A68t�NMENT OF R�NTBRIDER lo made end exeouted thls 23RD _d�y o} MARCH ,�g 94,_.,and te •
<br /> •� '�'- �'� Incorpoated Into and ehell be deemad to amend and aupplement the Martgape Ar Oeed of T�uat,hereinatter retarrnd to�a►the
<br /> "8eaurity Instrument",ot the a�me date qlven by the undereipned,hereinafter reterred to as tha�•�arrower'�. to secur� �
<br /> Borrower'e Indsbtadneee,herele�fter reterred to ae the"Note",to MOME FEDERAL SAVINQ$AND i.OAN A630t31AT10N OF
<br /> ORAND ISLAND�h�r0ln�fter rsferred to as the"Lender".of the eama dtte and coverinp the p�operty deearlbed In thd SrourltY
<br /> I�atrumeM�nd too�ted at:
<br /> M:..;.�?,.- ..,:..;_h �
<br /> � 2711 COTTON�lOOD. GRAND ISLAND, NE6RASKA SBBd1
<br /> � �� (Property Addrese)
<br /> :�"r.':�t��'`�E�
<br /> r,a :;�•y:;,. . .;; :� WITNE88ETH:
<br /> :+ �.'•� .' .. ;�:c;�.
<br /> � � ` - ' � �b WHEREAS.Borrower and Lender have agreed that any rertts artd prottts attributable to the property should conatitute
<br /> .. � ���=.-:.. �..'::..�,�.,,�?� addlttonai seaurity to the Lender for the payment of the Note;
<br /> �•. , .: •
<br /> . ... - � -.�f:::�,
<br /> �� ' •`• ���::t NOW,THEREFORE.It is apreed that the 8eourity Instrument shall be amended hereby and deemed to Inotude the tollowinp
<br /> � �,'« ' � �•
<br /> � � provislons:Lot T�vo (2) in Bloak Three (3) Replat oF Riveraide Acrse an Addition
<br /> �. ;� , • �o the City of arand Island Nebraska.
<br /> • •�. 1. Asslanment ot'Ftenta and LenderRencat Col�ectton Rtahte.8o�rower hereby absoluteiy and unaonditionaily asaipns alt
<br /> ;� " ' rents. Iesuea and profits of the propeny to Benefioiary. Lender shall have the right, power and euthority during the
<br /> � � aontinuanae of the Seaurity Instrument to oolleot the rents,isaues and protits ot the propArty and ot any peraonal propeRy
<br /> • , located thereon with or wtthout taking possession of the property aftected hereby. Lender,however,hereby consente to �
<br /> - ---�--- - --- tsorrowers aotteation and retention ofi euah rents,issues anci profiis as they aaarua anJ�,co�a paya�is,sa long a�8arraucr =_
<br /> ; ��„ is not,at auoh tlme, in default wlth reapeot to p�iyment ot any Indebtedness seoured hereby,or in the pe►formanae of any �
<br /> agreement hereunder. �::''f
<br /> 2. A oot�ntment of Rec_ Iv�er.If any event of defautt In respeat to the Seaurity instrument shatl have 000urred and De --
<br /> continuing, Lender,ae a metter of right end without notice to Borrower or anyone clatming unde�Borrower,a�d without �,��L
<br /> • regard to the vatueof the truat eetate or the i�tereat ot the Borrower therein,shall have the right to apply to any court having �
<br /> "' jurtsdlotion to appolnt a receiver of the property.
<br /> � 3. 9Jyh!to Pos�eselon,In case of detault In the peyment of ths said principat Note o�lnterest,or any part thereof,as it ' �•
<br /> ahalt mature,or in the oase of failure tokeep or perform any of the covenants or agreements aontained in the Seourity Instru• �'.
<br /> ment, then the Lender, its auccesso�s or asafgns, shail ba and Is hereby authorized and empowered to take immediate -
<br /> ' possesalon of the said premisestherein described and to colieat the rents theretrom,and to app�y the proceeds thereof to the �
<br /> ------�- payment of the i�iote. •
<br /> 4. Apolication of Rents �ssues and Proffts AII rents colteoted by Lender or the recelver shait be appiled first to payment
<br /> o}the costs of management of the propA�ty and coilectlon of renta,i�cluding,but not Iimited te,reaeiver's fees,premfums on
<br /> �� ' recefver's bonds and reasonable attorney's fees,and then to the suma secured by the Seaurity Instrument.Lender and the
<br /> ,• • �eceiver shali be �fable to acoount onty for those rents setualiy received.
<br /> 5. �onstruation of Provisiona,Eachof the provlatons contalned in this Assignment of Rents Rider and the Seourlty instru•
<br /> ment shatl, unteas otherwise specifically requfred, be construed fn accordance wtth Nebraska law, and in the event any
<br /> ., provislon herei�or therein contalned shall be determined by a couR ot competent jurisdiction to be unenforceabie,the same
<br /> shat�be construed as though such unenforceabie provislon were not a part hereof or thereof.
<br /> •� 8. �}feot of Rider.Except as apeciflcaliy modiffed by or inconslstent wtth this Asaignment ot Rents Rider or by any othet
<br /> � appifcable rider, all of the terms and provlsions contafned in the Security Ustrument shall�ontfnue in futl force and etiect.
<br /> e
<br /> IN WITNE3S WHEREOF,Bo�rower has executed thla Assl rtir1Qnt_q� e t�Rider n the date firat noted above.
<br /> I UI�InY ,,
<br /> �_ �-
<br /> , TOIrN1Y . AR[�°;` SIDENT -- �
<br /> TOmmY ARO�°;°�IUIDUALLY ,
<br /> STATE OF NEBRASKA)
<br /> (ss:
<br /> COUNTY OF HAII )
<br /> • On thls �'�R� day of _I+JAk3C1�—YOImIY D b EDWA�D�S hePRESIO�NT�AND tINOIv IDUALLY�mmisafoned and
<br /> quatiffed 4or said county,personat ty came _
<br /> , ,to be the tdentical person(s)whose name(s�IBI$re eubscribed
<br /> to the toregoing Instrument,and helshelthey acknowledge the execution thereot to be hislherltheir v ritary.act and deed.
<br /> GRAND ISLAND, M�RASKA "
<br /> : Witness my hand and NotaNal Sea1 at _.--___� --�,_- __ - .
<br /> ' In s Sd �
<br /> --- � ,feouoty,tfi��late&t�. + C
<br /> r i �: {'� '� � .
<br /> . ;_- �-�-�. �::_ �� _{-�-��
<br /> C�, / N�ary Pubtic ' �
<br /> � � � �L
<br /> .L Mv Cnmmisalen exnl . . � _
<br /> '� R� � -
<br /> ' � nF a3o�tAS� '�@ �'
<br /> i+ � ��� �(,���
<br /> �?`9�6d �
<br /> :�� �95�,''' �
<br /> i y� �,.'
<br /> i '
<br /> �
<br /> t
<br /> q
<br /> .
<br /> 1
<br /> 1 _-----------�- -----___ .. _ . _ _.._--.. _ .
<br />
|