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<br /> ___ � A�IGNMEDiT tiF RHNTS NID6R
<br /> ^ .� V.`J -� � THIS A88tONMENT OF RENT8 RIDER ls madn and eaceouted this s�h d�y ol A�►ril .,�18 g� ,and Is
<br /> "�"=='-`�� Incarporated Into artd ahatl be deemed to amand and suRP�ement tha AAart�aQe or 08ed o1 Truet,hereinaf{at�utorred tn ae the
<br /> ,-��: ,. . �, „ � _.
<br /> ,,, ., geaurity inat�ument . of the sams 6ate ptven bY ti►e underatpnad, StetolnAiQtir retdr��d to�8 tit9 "6orro►+►ar"�to�ute
<br /> Lf�:�.�� 8orrower's indebtedness,herelnafter�eferred to as the°Note^,to liCME FEDERAI SAVINaB AND LOAN A880C1ATION AF —
<br /> ,...��:�� aRANO t8LAND.heroinaiter toferred to es the"Lender",ot tho eamednte snd aoverinp the property describad In the 8eaurHy
<br /> . ..• .• >- Inatrument and IooatsQ at: —,_
<br /> .•.:,{,�,.,.m...,,.,,. �
<br /> •- Yt'- ' 1�D4 W Sth ST, Grand Island� NE �
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<br /> ':�. : �` �._ (Proporty Addrens) `
<br /> ' �',?'','1. WITNE88ETH: - �- -
<br /> _ • • ., � .
<br /> �� WHEREAS.6orrower and Lender have agrsed that any renta and profits attributable to the propetty ehould con8titute _
<br /> , ,. addltional securiry to the Lender for the payment of the Note; L_ __
<br /> � " . NOW,4HEREFORE.it is agreed t�a4 4RS�Sscurity Inatrument sha�i be amended hereby and deemed to inctude the followinD
<br /> provisions:
<br /> 1. siamm �,g t ot Ree4a�rtd A.�rtd��IRpn4a1 Goltac4 cn��Pnts �orromcer P�¢�roby absolutely and unaondli4icnalty assigns all --
<br /> � conts. isaues and profi9s of 4Pe� prm�paavQy to Benefielary. L�ro�er sPeall P�mve tRo rtght. power and au4hority durin8 the =
<br /> continuance of the Seeurity Ins4ntm�a�4 c�eotleot the rents,issa�as artd pro4i4s o4 4he propaRy and ot any R�esonat proRerty ° _
<br /> � IAOated thereon with or withou4 taKB�g qraseession of the promm�¢y a48octed�ore�y. Lertder,howavor.hereby consenQs Qo -�'"- -
<br /> � ����'�'•.;• Bonower's colieetlon and retentlon og ev���rents�issues and pro4its as they accru�and becomQ payaml�,so tong as�oero�nrer �=-
<br /> •• ;';:���' 6s not,at such time,in default with r�apect to payment of any indebtedness sec�eretf hePOby.or in Ehe porforrmartcra o4 any —
<br /> i,,,
<br /> � ;`�r��•. agreementhereunder. ''.'��
<br /> �s�,;.�, 2. Auoointment of Recaiver. It any ovent of defauit in resp�a4 to the Security Instnn�0nt shalt have accterced and be
<br /> ,�;�� continuing,Lender,as a matter of rlgh4 and without notice to ��rrower or anyone clai�(ng under Borrower,ae►d�ri4�eout ��°-�°
<br /> ,..,,=,,:. - -
<br /> � ,,;;tk�';, regard to the value of the trust estate ar the interest of the Borrower therein,shall have the right to s�piy to a�y couri ha+�ir�� =-�
<br /> :;,� ;�,� �urisdfation to appoint a recelver of the property. -
<br /> � t�:-::.�
<br /> ' 3. Rinht to Possexaion.In case of datault in the payment of the eaid p�inclpat Note or iMerest,or artrp�R ihereot,as it [,:._
<br /> �'�}' •''•�r� shall mature,or in the case of faiture to keep or pe►form any of the covenants ov AgPeements contained ic�BP�e�ecuri instru- ' ���='
<br /> • .,1..,:, tY •�yy,r.,•.
<br /> �� ;��'<=' ment, then the Lender, its successors or assigns,shall be and is hereby aulhorized and ee�npowered Rm 4ake immediate
<br />- --r�'��_'�S� �MSSeg84�n of th9�f��+ramlawg thAr�E�rar�ecribed and to cotiect the rents theretrom.and to���+IY the proceeds thereof t�4he =
<br /> %"�`���'' payment of the Note. . --
<br /> 4. A�elication of Rents,Iss�aes se�d�nmfits.AIt re+nts coile�t��l by Lender or 4ha receiver ahatt be applie�?irst to payment -
<br /> ' of the coats of managemere4 of the propavty and Coht��?ion of ren8s,lnctuding,but not limited to,receiver's fees,premiums on —�
<br /> ' receiver's bonds and reasonable attom��r's fees,and then to th�sums secured by the Security Inetrument.Lender attd the ---
<br /> �.
<br /> � r�ceiver sh��o0 Ce Iiabie to account ontg e¢r those rents actua0fy �eceiv�d. °_
<br /> 5. Cons2euction of Provisions.Ea�h�4 the provisions contained in this Assfgnment of Rents Rider and the Security InsYru- ?R�;�
<br /> . qo►ent shait,untess ot4�ervvfse speci4icatty requlred,be construed in accordance wfth Nebraska Is�nr,and In the event any .:n-
<br /> � provision hereln or therein contained ahatl be determined by a court of competent jurisdiction to be unenforceable,the seme � .
<br /> ��;�;,� shail be construed as though such unenforceabie provision were not a part hereof or thereof. •. .
<br /> � `; 6. �ffect of Rider.Except as saacifically modiffed by or inconsistent with this Aaslgnment of Rents Rider or by any other
<br /> '•�"�r`'r� appUcable rider,atl of the t�rms and provisions contained in the Security�nstrument shali continua in fuli force and effect. '
<br /> � IN WITNESS WHEREO�,13orrower has executed this AssJg m t of Re ts Rider on the date first noted ebove.
<br /> ;•�, /
<br /> s-- J.
<br /> odne L Y n er '
<br /> �;..
<br /> �`�'�^:'•i
<br /> Botrower �`t"�i;'„
<br /> `�•4'iy��:.
<br /> STATE OF NEBRASKA) '.
<br /> (ss:
<br /> COUNTY OF HALL ) ,
<br /> � On this�_day of Apri 1 ,19��,before me,the undersigned,a Notary Pubtic duty commissioned and
<br /> qu8lffled tor Safd COUnty,personatiq came Rnrinr�y I Yc��r�.�,�_S1IIg1F' �Prann
<br /> __ co be the identical person(s)whose�ame(s)islare subss�i6ed �
<br /> to the tor�oing instrument.and h�GSR�:tRey eCknowledge thae�xecution thereof to Dv hislher elr votuntary aCt and deed.
<br /> Witness my hand arrd P9atariat SeaE at _, Grand Isl nd NE 68801 �",:;
<br /> � • , in u he dat af�� �
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<br /> ,!� �VOtary Rublit �
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<br /> My Commfssion ptr � '� � °
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