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<br /> -- ��-`:�.,..•:.: • �881�NIr1ENT QF q�NT�RIpER ���� ��1��� - --
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<br /> .,,�.;�F "''�'}_ THt3 ASSIGNMENTaF R�NT8 RIDER te made and exeouted this 1 Sr dey of AP�I� ,19 9� ,end Is
<br /> _'C 1 i��.�,�,�,. Incorporated Into aRd�shall ba doamed to amend and supptemont tha Mortgega or OeeQ of Truat,herelnsttor roferred to as tl►� --
<br /> .,,y��,;k.�,�r Ssoutity instturnont ,ot tho ac+mo deto given by the�unds�rsigne0� hereinutter ratetted to as the "Borrowor". to eoaure _
<br /> . ` . Battawsr s indebtednesa,herelnaiter refened to t+a th� Note ,to HOME FEOERAL 9E1VINt38 AND LOAN ASSOCIATION OF �
<br /> -- --
<br /> _;;;��d+�`�:�" -� QRANA 18LAND,hereinaiter reterred to aa the°Lender",ot th0 same dato and covering the property desoriDed in the 3ecuHty + �-`-""-'�� -` __`-
<br /> ��t •
<br /> . .
<br /> Inatrument end tooated at: ;,�• � --•-
<br /> „` 13649 W. HOLLING IiO., WODD RIUER NEBRASKA 68883 �
<br /> ' (Prope�ty Addreas) ��� ,�;�";;:-
<br /> WITt�ESSETH: t'r�;;tz�.��
<br /> •�;���„�.- __
<br /> �s ;.--._ _
<br /> � WHERFAS,8orrawer and Lender have agreed 4hat any�ents end protits att�ibutable to the propeRy ahoald constitute •� �"�i��x�;--=
<br /> .
<br /> .;�•.: .�.�
<br /> additlonal security to the I.ender for the payment of the Note; R�••��.�.�:__.__
<br /> .� �
<br /> „.�---_-- -- -
<br /> . _ - -= - ---
<br /> �,�;�.�:�-- -
<br /> f.i`�,�:.��
<br /> � �: :.';,�• NOW,TMER�FORE,it is agreed that the Security lnstrument sha�i be amended hereby and deemed to inalude the follo►ving ,:. ,,,,_
<br /> ' ... � provisians: `���----
<br /> ' ;,,._,�
<br /> . ..��.
<br /> 1. Aasianment o�ents and Lande�Rental Colleotion Rlahts.Borrower hereby absolutely and u�conditionalty assigns atl ��-��:= ._
<br /> ���•,..•. .��, tents, isaues and profits of the property to Be�eticiary. Lender shall have the Nght, power and authority during the ? ��:��=
<br /> �"'� `�' conti�uance of the Securit inatrument to collect the reMs,issues and proflts ot the property and of any pereona�property P'���,� .
<br /> .'f1�Yy:::z,�., y ;.`{��t �,
<br /> � 'S�"":;?� Iooated thereon with ar without tak�ng poasession of the properiy atfeoted hereby. Lender,however,hereby consents to -
<br /> � 1'-."'r,.,: Borrower's collectfon and retention of such rents,issuea and profita as they accrue and Dec�me payabte,so long as Borrower `��''���
<br /> ,. ��u;,'it;� :=�-_._ �.:�:
<br /> is not,at auch time,in defauit with respeat to payment of any Indebtedness secured hereby,or ia cue perform,nce of any �g��__
<br /> '` agreement hereunder. `'�r ��
<br /> � ,°r - ,.��.,,._
<br /> �. �nofntment ot Receiver If any event of defau�t In respect to the Seourity Instrument shaU have ocaurred and be _
<br /> � continuing, Lender, as a matte�of right and without notice to Borrower or anyone oiaiming under Borrower,and without ,��;�!,�i r,�.:;��:.
<br /> � . � � reg�rd to the value of the trust estate or the inte►est of the Borrower therein,shall have the ri ht to appty to an caurt havlo '�`'�
<br /> 9 Y 9 ,.�'�"r.,-_-
<br /> , jurisdictlon to eppoint a recelver of!he property. � • :`.-_ __�
<br /> 3. �ght to Poasession.l�aase of default in the payment of the said priocipai Note or interest,or any pa�t thereof,as ft °. � �;,^=�-�—�„�"r,�
<br /> .' ahati mature,or in the case of failure to keep or perform any of the covenants or agreements contained in the Security Instru• � •'6`°-�-
<br /> �'�-�?;;1uu.,��..�,.._.-�..�
<br /> ment, then the Lender, its successors or assigns,ahall be and Is hereby suthorized and empowered to take immedlate •'�.l���t�?is;;f�
<br /> _ _'__ ., _,_ _ ¢�agwr��ton ef the sald premises therein desc�lbed and to coliect the rents theref rom,and to apply the prqceeds thoreof to the ��%r�'i�+', _
<br /> �—_
<br /> , payment of the Note. - ,�r'�f �r �?
<br /> 4. �poiicatio�of Rents tasuea and Profita.All rents collected by Lender or the receiver shati be appiled first to payment ���,r, ';,i�r�.s, -
<br /> • of the costs of management of the propefty and collectlon of rents,Includfng,but not Iimlted to,recelver's fees,premlums on ; � .,� { . ���
<br /> recelver's bonds and reasonable attorney's fees,and then to the sums secured by the SeCUrity Instrument.Lender and the , ���;;:�y,� � _
<br /> ;,�'�:�:;:
<br /> �.:.��•. receiver shali be Ilsble to account oniy for those rents actually recefved. �;•i:;:;•�;;�, •
<br /> .; .t . ���,.••.. -•
<br /> • • 5. ConBtruRtfon o}Provislons.Hach of the provislons contained in this Assfgnment of Rents Rider and the Securfty instru• .;,•5;5,:-�,
<br /> � ment shall, unlesa othervvise specfficaliy required,be construed In accordance with Nebraska law, and in the event a�y �';;t'r:,`: �.�
<br /> ,'S�.'.� �.� , .
<br /> • provisfon harein or therein oontained shail be determfned by a court of competent jurisdictfon to be unenforceable,the same .�:,:,;;�•f . i.,,:;
<br /> � ahall be construed as though such unenforceable provislon were not a part he�eof or thereot. ��`�r�%{';• ��; � �
<br /> , � 8. �ect of Ridet Except as specifically modifled by or Inconsistent with this Assignment ot Rents Rider or by any other , `...- ;.._;`�, :�,,:
<br /> ••I�`���•-`�' applicable tider,att of the terms and provisiona contalned in the Securfty instrument ahali continue in fui�force and effect. '�'�;: ' n���-
<br /> ,,,c;,. ;,w.a
<br /> � � �,.v'' . ., �—.,
<br /> • IN WITNESS WHEREOF, Borrower has executed this Assignment of Rents Rider on the date first noted above. � .�,����a
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<br /> �.;,�_�.:..I «�We� i � . 1�.'
<br /> ' .� '<•:'`� JEROmE F. PACKE� � '
<br /> . .. . �� ; . ... ', ��;_
<br /> �We� � � � .,�4�:.
<br /> ' NANCY L. PFICKER� ;
<br /> , �ir
<br /> � STATE OF NEBRASKA) � �
<br /> . , ' `'; . (ss: • �S+
<br /> COUNTY OF HALL ) • �•.'.F
<br /> ���`5�,�•• ; On this �ST day of "°"'I� .t9 94 ,betore me,the undersigned.a Notary Pubi�c duly commfsstoned and ` w
<br /> : • • �� qualified tor satd county,porsonal�y came JEROf�IE F PACKER AND PjANCY�,_=�CKER. Hl�SBAND AND WIFE
<br /> l; .�'.r�....�_ . . '�i
<br /> ' � ,b be the Ider�ticai�cerson(s)whose name(s)islare subscribed '`�_
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<br /> ;;,;. �. :; ,�`,;; � �;•;, to the foregoing instruPnent,and he/shelihey acknow�edge the execut�on tnmreof to Be hislhedthelr voiuntary act and deed. �
<br /> ' ''+i GRAND ISLA'��, NEE��Sn� �_ '
<br /> , , S,;.;' '• Witness my t�and and Notarial Seal at . --- -- -------- -
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