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<br /> r_,� ,,, . A88lqNINBNT OF RBNYB RIDEA _
<br /> ``°''��u�--' YHIS AB�fONMBNT OF RENTS IiIDER la made and�xeouted thls�IH____duy o4 mARCH ,19_99._.�.and Is �+��.r�=---.—.._.
<br /> -;����� ''���� fncorporatod Uta and shall be dnt�mod to amend and supptamont tho Mort a o or Qoed nf Trust,heroina�tor retoned to as the —
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<br /> _- -�� w�`� "8eaurity Inat►ument",ot the eltmo deto plven by the underel�nod,herelnafter referred to ae the 8orrower . to �eoure =__---
<br /> � �� �' ` Borrower's indobtednoss,hera�noitot�eferted to ae the"Note",to MOME FEDERAI.SAVINDS ANQ LOAN ASSOCiATIQN OF s::,�•._:;,_,_J m��:`
<br /> �RAND 181AND�hereinnfter retor�ed to ee the"Lendor",ot tho aAme duto and oovaring the propertydeaoNbed tn the Seourity ��..�.:.�i��-?�-
<br /> `''��`�•�' ��� Instrument and loaated et: "' ""°'
<br /> "�`'�`-�=_ -
<br /> " � " 2123 BANTAIh GRAND ISLAND. NEBRASKA 68801 .���.� =,'t-��.
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<br /> : (Prope�ty Addreae) l"• •'4f,'. �.�•'�'� •
<br /> _ -- - --- - wiTr�ESS�N: - -_��__,.
<br /> WHEREA8, Borrower and Lender heve agreed that any rents and profits attributable to the property should constltute �
<br /> additlonat security to the Lender for the payment ot the Note; ' -
<br /> � NOW,THEREFORE,It 1s agreod that tho$a�ue��yr Irts4cumeet aRail Rra arrterrded Re�reDy a�rd doemed to tncludo th�fcllowing _
<br /> � �eovtsEc�s:
<br /> �
<br /> 1. c3str�e�isr.�e�R of RQe�ts»�nd t���daR�F�ntA�t��Ileet ion R(phts Borrower ftoroby absotutely�nd e�rtcortcfit(ortally e�seigns aR S� , �
<br /> � eon4s. iss�os end profi4s of tRO prog�erty to Beneticlary. Lender shail have the right, power and authority c�urirtg BRro � � `� ,
<br /> � can4iRU�rtce of the Seaurity Instrument to coltect the renta,iesuea and p►offts of the property and of any personat property `' . ,
<br /> • • , tccatc�i Qiiereon wfth or without taking possesslon of the property affected heroby. l.ender, however,he►eby consenta to .
<br /> �onower's coilection and retentfon ot such rents,iasues and profits as they accrue and becomepayable,so Iong as Bonower ,. } '. �
<br /> � �� is not,at suoh time,In default wlth respeot to payment of any fndebtedness secured hereby, or in the pertormance of any :�:�
<br /> agreement hereunder. � �
<br /> •�• 2, epnointment ot Recetver. If any event ot default in respent to the Security�nstrument shall have xcurred and be .
<br /> '' continufng, Lender,es a matter of rlght and without notice to Borrower or a�yone clalming under Borrower,and without • ,.
<br /> �''� �'•" `• regard to the value oi the trust estate or the intereat of the Borrower therein,shall have the right to appty to any court having � ,
<br /> • ;(•'�Si1.;r'• ' � .
<br /> , . . jurlsdiction to appoint a receiver of the property. � , �,
<br /> � 3. Riaht to Poaseasion.In case of defau�t in the payment of the said principal Note or interest,or any pa�t thereof,as it , .;.�.-
<br /> � • shall mature,or i�the case of failure to keep or perform any of the covenants or agreements cootalned in the Security Instru- ' r--
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<br /> -• � ment, then the Lender, its successors or assigns,shatl be and fs hereby authorized and empowered to take Irnmediate �°`: ; :r� `
<br /> � �•, . ,... �..,. ,
<br /> - _ ._. . __ possession of the said premises therein desaribed and to coliect the rents theretrom,and to apply the proceeds thereof to the •, ..:,. � ;r�:;.,.
<br /> - - ---�- payment of the Note. . -_ -: . -
<br /> � 4. Apaiication of,Rents.Issues and Profits.All�ents coliected by Lender or the receiver shail be appii�d first to payment .' �'`�,
<br /> ' : ., � • of the costs of managet�ent of the property and coilection of rents,inciuding,but not Iimited to,receiver's fees,premiums on :�� 7'i�.
<br /> ��� r"�, • reCeiver's bonds and reasonable attorney's feea, and lhen to the sums secured by the Security Inst►ume�t.Lender and the � ' ��
<br /> ,.;.. :;•"`t%:;:','�% �.;:,�.•�; ,
<br /> � receivor ehall be Ilabte to account onty tor those rents actually recefved. . .:�;��;; •��; I
<br /> ., ,`'•.,_., ,� : � .
<br /> , :,;, 5. Construction ot Provisions.Each of the provislons contained in this Aasignment of Rents Rider and the SecuNty Instru• � o, �,! �,,.,
<br /> • ment sha�l, untess otherwise speciflcaily required,be construed in accordance wlth Nebraska Iaw, and in the event any i • I'�'
<br /> � provisiort herein or therein contai ned shatl be detorml�ed by a court of compefent jurisdiction to be uneMorceabie, the same � ,:�,�
<br /> shail be construed as though such unenforceabie proviston were not a part hereof or thereof. ( � ' . �
<br /> ��� ' 8. �4Peat of Rider.Except as speclficaily modified by or Inconsistent with thfs Asstgnment of Rents Rider or by any other ! ' � . �
<br /> .. '��.�.5'::�:.��. �• ���
<br /> �:,:,,._,,,. . applicable rider,ail ot the terms and provistons contained in the Security Instrument shaU coMinue in fuii force and effect. ,j�
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<br /> � � • • ' ' � r �`•P
<br /> , ' • � IN WITN�SS WHEREOF,Borrower has executed th is Assignmef�t of Rents Rid r on the ate tirs oted a ve. .�!r�:,.:.i:r
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<br /> �f a� � • L F OlUL ,�f� i . . '��,'
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<br /> Borrower � '
<br /> . , ONILEE H FOWLER • •
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<br /> ' VTnT�U��i�S.�.A�VA\ ' :. . - .
<br /> '/(88: i.,.
<br /> COUNTY OF HALL ) � �,r:�•:
<br /> ' On this_.2$Ili_day of mARCH , 19�_,before me,the underslgned,a Notary Publ ic duly commissioned and � '
<br /> qualified 1o�s81d Cou�tty,persort�!1yCame IhT('KFY I Fflliil FR� SR ANf1 f1N71 FF_�f__�ILFR� , �
<br /> .::.��� MUSBANO Ar�� .:I FE _,to be the Identicat person(s)whose name(s)Islare subscribed ,
<br /> �;',',';`�..�`,`��;��� , to the fOregoing instru��rt�nt,and nclshelth�y aCknowledge the execution theroof to be hislheNtheir voluntary aCt and deed.
<br /> ' . �'�:�:�:`,. Witness my hanC and Nota�la� Seal�t GRAND ISLANO, NEBR�SKA
<br /> �'��tt:� .
<br /> �.`� ������ in said ounty,the date aforesaid.
<br /> ��`�'t�°`"� f�llt iio7A.�JSaa�q awerur� � ���,1�_ '�
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<br /> Y,.' � . Ci9R°b4.lt�i1CIE NotaryPubi�c
<br /> �:s �t.,� ..._ �O��Qee.�9.1996 L�-p L�t. /`�`C G
<br /> - " . " ' �tt1 W�rtJJ�V�• w}/�ipJ. '-
<br /> - � MF iOED 179b
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