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<br /> ��;�°-•��.<,;��,�w ASSIQNM�NT OF�ENTS RltfCsR �
<br /> -• THi8A33I�NMENT OF REfdTB RIDER io made and exeoutsd this_2�Nd day of �1ARCH ��g 94 ��n �s --
<br /> -- InaArporated Into and ehali be deemed to amend and eupplemsnt the Mortpaqe or Daed ct Truet,herelnaiter reterred ta aa�he
<br /> "&eourity Inatrument",of tNm e�me date plven by the undereipned� herelnAfter reterrad to as the "Borrower"� to eeoura
<br /> ' Bor�ower's indsbtedneaa.herein�ftet reterrsd to aa the"Note",ta HOME FED�RAL 8AVINt38 AND LOAN ASSOCIAT(ON OF
<br /> dRAND I�LAND,hereinafter referrod to ae the"l.ender"�ot tha ean►s dats end oovetirrp the property deaarlaed In the Seaurity
<br /> '` Instrumont and locntod ox �---
<br /> .
<br /> � 114 EA5T 18TH ST.. GRAND ISI.AND NE 68801
<br /> `"' (P�Operty AddtOAe)
<br /> ' ..� .,,,;; WITNE38ETH:
<br /> {`:i����j:�t�:,"•s'�:;�: �
<br /> *+�';j�::� ••^:'•" WHEREA8. 8orrower and Lender have agread that ary rents and protits att►ibutabte to the property ehoutd aonstitute
<br /> � ...,., . ,.,
<br /> ;;fr.:. :�. ,:j �.,,:R.,.,' additionaf secur{ty to the Lender for the payment of the Note; `-
<br /> . . '�+,! ,. .1:�' �-� —
<br /> �.����'��'�� ` �."�,�� NOW,THERRFORE�It Is agreed that the 8eou��ty Inatrument ahait bo Amended hereby end deemed to tnolude the fotlowing
<br /> ' �,� ' provisions:
<br /> � .
<br /> ;;: , • 1. Aaslanment of Rents and Lender Rental Colientfon Rlahts.Borrower hereby absolutely and unconditionaity aesipns a�l
<br /> �': . � reMs. Isauea and protite of the property to Banetlolary. Lender shall have the �ight, power and autho�ity during the
<br /> -- - - -r�� � aontinuance of tha Seaurfty Instrumon�to couecc mo renca,�ssnea aRd profits of ihe properiy ana vi any�reu���i Nro�;o�y �---
<br /> ' located theraon wtth or without teking posseasion of the property aftected heraby. I.ender,however, hereby consents to -----.-_--
<br /> ' Borrower's aotieotfon and retention ot euoh rents,issues and prof f!s as they acorue and become payabte,so long as Borrower �
<br /> ' is eot,at suoh time,in detault with respeat to payment of a�y fndabtedness seaured hereby,or in the pertormance of Any �=�_=-
<br /> agreement hereunder. —
<br /> 2. A000intment of Recelver. It any event of defauit In respect to the Seaurity Instrument shali have ocaurred and be �=���---
<br /> � � „ aontinuing,Lender,as a matter of �ight and without notice to Borrawer or anyone otalming under Borrower,and wfthout
<br /> • � rega�d to the value of the trust estate or the intereat of the Borrower therefn,shatt have the right to apply to any court having
<br /> f, jurladtotlon to appolnt a recetver ot the property. �
<br /> , , 3. ��o Poasesslon.�n oase of defautt in the payment of the said prinolpat Note or interest,or any paR thereof,ae it
<br /> shall mature,or in the oase ot fai�ure to keep or pertorm any of the covenants or agreements aontained in the 8eaurity Instru• ---
<br /> - --- �- - - - - - iA(itit�S�iG�:�i:. LCA3CP, ::S �L'��C��OC' QC .^.^o:1gR6� Eh»!� � 3R$ te�nr�ti� gn►F�rhorl anrl P�11�1flWPIPf� �'�PMA �mqnp�lfpfo =_-_
<br />-"- �='=�- - --
<br /> poasession of the said preml8ea therefn tlescrlbetl antl to cotlect the rents theretrom,and to appiy the proceods thereof to the -_-
<br /> payment ot the Note. . a=T_
<br /> 4. Aaoiloatlon of Rents.tasues and Profits.All rents collected by Lender or the recelver ahali be appifed firet to payment
<br /> � ot the coats of management of the prope►ty and ootiection of renta,Ina�uding,but not Iimited to,receivePs fees,promiums on -
<br /> receiver's bonds and reasonabte attorney's fees,and then to the sums secured by the Security Instrument. Lender and the
<br /> receiver shaf� be liab�e to account on�y for those rents actuatty received. ��-
<br /> S. Construation of Provislons.Each of the provisions oontained In this Asaignment of Rents Rider and the Security instru-
<br /> ment ahall,untess otherwise speciflcalty required, be conetrued In accordance with Nebraska Iaw,and in the event any ==-
<br /> provislon herein or thereln contatned sha�i be determined by a court of competent Jurisdiction to be unenforceabte,the same ���;`°°
<br /> . sheli be construed as though such unenforceable provlsion were not a part hereof or thereot. -
<br /> �� 8. Fffect of Rider.Except as apecificet�y modifled by or inconsistent with this Assignment of Rents Rider or by any other _ `
<br /> appNcable rtder,ail of the terms and provlsions contalned In the SecuNty Instrument shalt continue in full force and eftect. ,
<br /> �N WITNES3 WHEREOF,Borrower has executed thfa Assignment of Rents Rtder on the date first noted above.
<br /> . _��� �� � -- -
<br /> ROSS BRRTON Borrower
<br /> r�
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<br /> - .�._���..� I_,�-��- `
<br /> UICKIE L. BARTON eorrower
<br /> S7ATE OF NEBRASKA)
<br /> � tss: I
<br /> COUNTY OF HALL )
<br /> On this ZzN� day of mARCH ,�9 94 ,before me,the underslgned,a Notary Pubiic duiy commiasioned and
<br /> Gualifled for said county,persona��y came ROSS E. BARTON AND VICKIE LLkARLON. HU�ANO AND WIFE �
<br /> _,to be the identical person(s)whose na�ne(s)ialare subscrlbed
<br /> to the toregoing Instrument,and he/ahelthey acknowtedge the executton thereof to be hls/herlthetr voiuntary act and deed. ,
<br /> Witnessmy hand and Notartal Seai at GRANO ISLAND, NEBRASKA
<br /> county,the date aforesald.
<br /> . � 6fNEA�I If0?AR1r.Sttu ot N�Cnsra ��...��_�C����`"t%_..--
<br /> ��pEgppAHLKIMBIE Notary Public
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<br /> � � My Commisslon ex . __— ___....___. .
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