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<br /> '�"��`''��n�.4� ' AtiSIQNMENT OF RENYS NIDER ��-,.�-�:.�-._t--
<br /> � ���"`"''"r'� "'_'" 19TH mARCH 94 ---
<br /> '��•� �'� �• x THIS AASICiNMENT OF RENT3 RIDER Is made and executed this day of ,19 ,and Is =-.-
<br /> Incorporated inta and ahall be deemed to amend and auppiement the Mortgape or Deed ot Trust,hereinatter reter�ed to as the
<br /> - .••� "�`• ' "Seourit�Insttument", of the eame date�Iven by the undersigned, hereinefter referred to as the"Sorrower",to seaure -
<br /> � �'�`�� Borrower'e Indebtednese,hereinafter referred to as the"Note",to HOME FEDERAL SAVINQS AND LOAN ABSOCIATIQN OF -
<br /> '•"�• � QRAND ISLAND,heroina}ter►eterrad to ae the��Lendor",of the samedate and covering the ptoperty desaribed In tha Seourity �,Y__
<br /> ... .,. •: ..., .- Instrument�nd loaated at: �'� _- --
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<br /> ;, .�...�. � • ..� . 824 N BROADWELL GRAND I5LAND, NEBRASKA 88801 �;:La�_
<br /> ;�.. .. , ,' (Property Address) "�''`:•-_
<br /> • WITNE88ETH: �"L----
<br /> �` !� � " WHEREA3, Borrower end Lender have agreed that any rents and profits attrlbutabie to the property should aonstttute !.;�;.�T`___
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<br /> � " � �� sddltlonai security to the Lende►for the payment of the Note; : � '��.-—�-
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<br /> , , " NOW,THEREFORE,it is agreed that the Security Instrument shait be amended hereby and deemed ta inolude the toliowing ,: "i'•=r��
<br /> �/. °. .. " Provislons: �y:t::k�.�•�., +�=:�.' •
<br /> je,r„a.;�9,_r
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<br /> .. 1, sslpnment ot Rents and Lender Rental C�Ilention Riahts.Sorrower hereby absolutely and unconditlonalty asalgns all •"%���+�
<br /> renta, issuea and profite of the property to Benefiolary. Lender shali have the right, power and authority dudng the , ._,'w,��„-_--
<br /> -- �'�� -- oot�tlnuanoe ot the Seaunty Inst�ument fo aolieat the renis,issues and p�ofits of the propt3riy an�i of ei�iy�roto�fiai�tOp6;ty - ` - -::-„-„��___
<br /> •• tooated thereon with or without taking poaeeasion of the property aifected hereby. Lender, howevor, hereby conaents to ` , '�';�.��u
<br /> � � BorroweNs coi�eation and retentlon ot suoh renta.issues and protlts as they accrue and beoome payabiR,so tong as Borrower -
<br /> is not, at such time,in defau�t with respect to payment of any indebtednese aeaured hereby,or In the perfarmance of any � ' • """`�`''�
<br /> •• agreement hereunder. • �*"'-•-�:�;---
<br /> " 2. A000intment of Receiver. �f any event of defauit in respect to the Securfty instrument shali have occurred and be '. � ���M"��' �� -
<br /> " ao�tinulnp, Lender,as a matter ot right a�d without notice to Borrower or anyone claiming under Borrower,and without � �ti'�
<br /> , regard to the vaiue of the trust e�tate or the interest of the Borrower therein,shali heve the right to apply to any court having ���•,���• M _
<br /> jurisdlotfon to appolnt a receive�of the property. ��
<br /> " 3. Rtaht to Possosaion.In aase of default in the payment of the said principal Note or fnterest,or any part thereot,as It ._ �' '�"�
<br /> ahati mature or in the case of failure to keep or perform any ot the covenants or agreementa contained in the Security Instru• �'�„������-�
<br /> ., , �..__ •'
<br /> . . ..... .'• . ......� •�...w •`w t wndn► 11e euwwwwen�n nr neoin�o ol�qll Mn nwA 7e 1+n� tiv enlMn►itPfl Onf� AA1f1/fW0►A!I }fl �AkA ITTA/�{A}N "'_ _�' .:-i:b..
<br /> _' �'"-.-.-•'___-__ _' '_' 1114���� •��v�� �,1v r�rr.��r.� ..r .���vvr�v.� ... r��.A..�� �..r._ rv w..w .. .�r.Cr� `......�..��_ .. _ . � • " .
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<br /> posseasion of the said premiaea therein desaribed and to coliect the re�ts therefrom,and to appty the proceetle thereot to the - "
<br /> payment ot the Note. . ° ;, �
<br /> 4. Aoollca4ion ot Rents. Issues a�d Profits.All renta cottected by Lender or the receiver shali be apptied flrst to payment '
<br /> � of the coata of management of the property and collection of rents,Inciuding,but not Ilmited to,receiver's foea,premlums on . � �
<br /> receiver's bonda and reasonebie attorney's feea,and then to the sums secured by the Securlty Instrument. Lender and the ,. '�� j
<br /> � receiver shalt be Uable to account onty tor those rents actually recefved. � �� � ��� I
<br /> S. ConsYruction of Provlsions.Each of the provisfons contalned in thls Aasignment of Rents Rider and the Security Instru• �.<;� �
<br /> ment shall, unless otherwlse speciffcaily requlred, be construed In accordanae with Nebraska �aw, and in the event any I � ��f'
<br /> provlaion herein or thereln contained shall be determined by a court of competent Jurisdlction to be unenforceabie,the same 4 �/,.'�
<br /> shall be construed as though such unenforceable provlolon were not a part hereot or thereof. I , �
<br /> ` 8. Eftect of Rider•Except as specitica�iy modtHed by or Inconslstent wfth thls Assignment of Rents Rider or by any other � ., .�
<br /> appifcab�e rider,a��of the terms and provislona contalned tn the Security Instrument shatl continue In fuil force and effect. � �:;y��
<br /> IN WITNESS WHEREOF, 6orrower has executed thls A signment of Rents er,on the date ttrst noted above. . .�. �°'� �
<br /> �,�� �1 � ; _ _.
<br /> , I� HAEL H RIGG�95O1N8 � �
<br /> � . _=7-���•�/�w��— . ..
<br /> Borrower G� "
<br /> CONNIE K RIGGINS �
<br /> STATE OF NEBRASKA)
<br /> (ss:
<br /> COUNTY OF HALL )
<br /> On this 19TH day of mARCH ,�994 ,betore me,the undersfgned,a Notary Pubiic duly cornmissfoned and
<br /> qualifted for sald county,peraonally came mICHAEL H RIGGINS ANU CONNIE K RIGGTNS. HUSBAND AND WIFE
<br /> , ,to be the Identicel person(s)whose name(s)Islare subscribed
<br /> , to the toregoing instrument,and he/shelthey acknowledge the execution thereof to be hfs/her/thefr votuntary act and deed,
<br /> � � Wltnese my hand and Notarlat Seat at GRAND ISLAND, NEBRqSKA
<br /> -' _ In sald�p ty,the date aforesafd.
<br /> i�l�►AAtt��i wlrisM �``�-�•--!���,
<br /> - - .- - . 67MMS61fA61GE � ------- -
<br /> My01�ll,�iq�p�Zglgg� Notary Public
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<br /> ' My Commisston expires: UC-�_ 2'1 i�( �' � - --- _
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