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<br /> =_,_t=rr �-�-� A�IQ�1l�JENT OF R(ENTli AIDE
<br /> -����.r�i�i 1 Hf3 Ati�t�iNR�tN 1 Vt H��i3 R�e7En ie fiitau68i�u'6ii8uUt6d tii& ���tlayo! APRIL ��� S4,_,,,And is �__,
<br /> - -- --- Inaorporatad Inro and ehalt be!deemed to amend and e�ppiement ttte MortflnQe�r Qoed of Traai,horelnaf ter rofertett te�e the ---_
<br /> "`"�� n "EeQ�ri4y InstrumenY'. o!tho aarrte date piven by the underet0ned,heralnaftar roforred to ao !he "Horraaoar", to eeauro
<br />,.�„x�.:, . .,.
<br /> ---� '-'�"'�'`'a 8orroaer'e lndebtedness,heretnalter roteued to as the"Note",to NOA�E FEDERAL BA�IN83 AND L.OAN A�9f3GiA'�ION OF
<br /> _,��nv;�%�.� dRAND 18LAN0,herotnnfter referred to as the"lender".oi the eema datm and covoring the property deacribed In ti�o 3eaurlty
<br /> � t�trur�ant nnd locatc�at: �
<br /> �,"Std��.t��; •
<br /> -.. ..-. �.�.-.� LOTS 1, 2. 3. 49 ANQ 5, m�RNINGSID� ACRES SEGOND SUB, IN THE CITY OF GRAND ISLAND
<br /> �� �� (Froparty Addroos) ----
<br /> _ . �`,,.t'�'.irw WITNESSE11i:
<br /> • '°"-.
<br /> .- • • WHEREAS, Bonowor nnd l.ender have agrsed that uny renta and pratits nttributabte to the property shouid constitute �,;,:--�_
<br /> , � additlortei secudty to tho Lender 4or tBe payment ot the Note; �;�,;�-� _
<br /> . "�:.�---
<br /> " NOW.THEREFQRG,i4 is�gee�d 4Ra4 t��Soeurf9Dr Ins4rurttsn4 sP►alt be a��nde�I�erc�y and deem�fl to lc�ctctdc�eMe fotlowing ;Fg���.,_,,
<br /> �°:�e.o"a.:�-=
<br /> . provlsfona: .�=�`-
<br /> .. 4�.�
<br /> � 1. @q�t,r�r�Paror�A qR t�o�AS r�Q,��+dor f�on�A�s �olP�eRFor�f�tafmRe,f�Gerac�rcr Roec��ahSOluQOtg�and u�cocediltCe�alEg eteatgms&�II � __.��_-
<br /> �;�-,:,.:,
<br /> � rczc�4o. I.�secQ� eu� p�B64a�4 Qf1!e �se�aPty 80 �au�atfcimeg. do���r s�haVl har� 4R� vEgh4. �o�rer artc0 au4Ceas[4y ciueing tP�v� ,,.,.�',��W
<br /> � ca�s�t.RC[a�rco a�EEr�S o cu�E¢Ss lers 4curetee t to co l�ec t S P r�a o ont�,l s suos and profits o4 4Ro properly ar¢c9 04 a��Y�es�nal property `:�d+��'�".°:'-
<br /> ' ' loaated therean mfth or witAout takin ossesslo�c�4 Yi�o ro e aftected hereb . Lertder, Ft�t!�'QYQP.h�r.et� consents to `:;;`��:"'�"
<br /> Y >�;�~
<br /> . 9 R P P �Y Y ;•.1.,��t":�:
<br /> � Bonower's col�ectlon and retention of s�ccP►ronta,iasucs and profits as they acarue and becocrto�gable,so long as Borrowar e�e;"� >•ir:
<br /> �i:;, P��.,�'�n
<br /> is not.at such time,in defaul4 with restcacC to�a�ertc�t of any indebtedness secured here@y>ev ae►4he performanee of any .��cs(,!�s��,r,;`_.
<br /> � °` '>i'�,; agreement hereunder. Y°�r��"
<br /> ., : ,� <,
<br /> 2. A000intment of FteceiveL{f any event of dofraaete t�resa�R 40 4he Security instrument shaU have occurred and be '��:��'_ :�,
<br /> • continuing.Lender,as a matter of right and withau4 c�s4lcc3 to�orraxrer or ae�yone claimi�g under Borrower,and without ;;�,;`•;a�t;_,��--�
<br /> ,.:..,,
<br /> tegard to the va�ue of the ttuat estate or the iMerest e4 tF��+i�orrour�r QRC►�te�,aPrQlo Ravs the right to appiy to any court having ",";M�u•��-
<br /> '�-�.�..,. _�
<br /> . Jurisdiction to appolnt a recetver of the property. �','�'°:`-,
<br /> 3. @lOnt to Posseasfon.In case ot defautt in the paymeM of tRe�a6��nrirtcipai Note or interest,or any part thereof,as It •� •. :
<br /> , shatl mature,or M the case of faiture to keep or pertorm any of the cor�nants or agreementa contained fn the Security inatru- ���ti t;��s.#.' ;
<br /> ment, then the Lender, its successors or assigns,aha0 ba and fs hereby authorized and empowered to take immediate ;�4��! � '-�---.
<br /> .. '
<br /> ' possessfon ot the satd prerrnses ti�erein aescrit�ed and iv c�iiaci tiie rtlnts th&reiram,as�d ia apply!hc psacEe�s therest!4!he :•-f'-� �n—
<br /> . -.:::;�,-
<br /> �� `� payment of the Note. . � .-
<br /> 4. Aaaticatian of Rente Issues and P�ofita AII rents coitected by I.ender or the receiver shali be app�ied first to payme�t � ' _
<br /> • of the costs at management oi the property and coNection of rents,including,but not Ifmited to,receiver's fees,premiums on • • ; � _
<br /> • �eceivePs bonds and reasonabie attorney's fees,and then to the sums secured by the Security Instrument.Lender a�d the ..'���,.;',,�.� _
<br /> �eceiver shati be liable to account onty for those rents actualiy received. �'����•'-' ' T
<br /> • :�.:�;,�,..�f,'_.-.
<br /> t� 5. Cor�struation of Provlsions.Each of the provislons contained in this Assignment of Rents Rider and the Securlty t�stru• • .?�,,:;,,��"•��,_
<br /> �. � ment shati, unless othenvise specftical�y required,be const►ued in acaordance with Nebraska iaw, and in the event any '����'•�
<br /> ,., provisfon herein or therein contafned shail be determined by a court of competent ju�isdiction to E�e unenforceable,the sarne ���r�'.�. --
<br /> aheli be construed as though such unenforceable provision were not a part hereof or thereof. '���4�'�'•'
<br /> � �° ,
<br /> 6. Effect ot Rider.Exce t as specificall modified by or inconsistent wtth thfs Assi nment of Renta Rider or by any other t•'�•� ��
<br /> P Y g !�ii `;:�..
<br /> ' appNcable rider,all of the terms and provislons contained in the Security Instrument sha�l continue i�tuii force and effect. c-��;-�• �- .
<br /> ���.��• IN WITNESS WHEREOF, Borrower has executed thfs As/$ignment of ents Rider on the date fUSt noted above. =
<br /> . � r , b�`" . v_.
<br /> %'i,.'�,��:.?.� JIP'1 NA . eorrower JAI'�IES 0. NARBER, PRESIDENT •
<br /> ��{�,i�' . �� ',s>,, 9�.
<br /> •��`•�;.,;• JAmES�. NR R eorrowor �
<br /> ^ � ;�; ,;'
<br /> ry�j. � STATE OF NEBRASKA) � '"%' � �
<br /> �'(';'� (gg� DON A NARBER
<br /> COUNTY OF HALL )
<br /> On this �ST day of APRIL 19 94 betore me,the undersigned,a Notary Public duty commtssfoned and ' �1,..
<br /> �,� quatifled for said county,personalty came JTm NARB R INC JAmES D NARBER PRESIDENT ANQ JAmES D. ',,;: �•
<br /> NARBER AND DONNA NARBER, HUSBAND AND WIFE ,to be the Identical person(s)whose name(s)islare subscribed
<br /> f'� to the toregai�g instrument,and heishelthey acknowledge the executton thereof to be hisfhetlthefr voluntary act and deed.
<br /> ��;•;'. �i GRAND ISLAND, NEBRASKA
<br /> , .. Witness my hand and Notariai Seal at —
<br /> ,;:.'.' in county,the date aeores
<br /> .:t,;'; , . ' 1 �
<br /> ��.i��»i,:.' ' \ .Cri-e"-�.�
<br /> '���i�;i';:.:s��'�.�;:.,:r`:d p Notary Pu��•c
<br /> j�.,:�_S?.��.'. �; .:+;� ...X i �(: �� r�,.
<br /> �'''�1' � . ��� �� ��'y Commisslon ezpires: ?�� /`�� � � �T a -------
<br /> �F.oao��roz� �
<br /> , �fiElIERIUlOTARYSdtedNe�tu#t
<br /> � IbO�i�a�GaD.EIt 199�
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