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<br /> . A88lQQ�M�9VT 0F RHNTS RIOER ,,:�.,,,;,ri;�;-.
<br /> THIS ABSIQNMENT OF RENTS RIDHR lo made and executed thia 6TH dgy of._.__�P�Z�- ,19 94 ,and Is � _ �. -
<br /> e . ,TY ,
<br /> • incorporetad Uto and ahail be deemed to amend and supploment tha Mortgage or Deed of Trust,hvrelnafter referred to as the
<br /> • "�eourity InatrumenY', of the same dpto flivon by the undersigned, heretna fter re ferro d to a s t h e "B o n o w e r",t o s e c u r e . ; '' �'^�'-� � .
<br /> "' Bo�rower's i�debtednese,herein�fter rofo�rod to as the"Note",to HOME FEOERAL SAVINtiB AND LOAN AS80CIATiON OF , -
<br /> aRAND IS'�P►N0,hereinaRer�eterred to as tho"Londer",of tho e�me date and coveNng the property described fn the Seaurlty , • `
<br /> � • lnetrument and looeted st: �� �
<br /> a�:,�t,,
<br /> 11?QQ U1�ST WIIOWfIOD ORIUE, UlO�D RIUEk NE 68883 __ _ _ : .,.:�
<br /> (PropeMy Address) �
<br /> WITNESSETH: -_- -:,-. _:
<br /> � WHEREAS,Borrower a�d lender have agreed that a�y �ents and proffts attrlbutable to the property should consti4ute . ,''
<br /> additlonal seou�ity to the Lender for the payment of thB Note; , �
<br /> NOW,THEREFORE,it is agreed that the Seourity I�etrument shall be amended hereby and deamed to lnclude the foliowing '
<br /> provislone:
<br /> • 1. Arslanment of Rents and Lender Rental Collectfon Riahts. Borrower hereby abaoiutety and unconditionaity assigns ail
<br /> �ente, issues a�d protits of the propeRy to 8enotict�ry. lertctsr shalt have the right, power and suthority during the ;.: . .
<br /> ' continuanae of 4he 8ecurity Instrument to co0ect ttreo ronts,iss�ces and profits of the property and of any personat property j�t��i � •�;., ' y
<br /> tocated thereon with or wlthout taking possesston of 4�ia proporty affected hereby. Lendor,however, hereby consen4s to ' . •,v. ; _
<br /> � Borrower's aoltection and rotention of sucP►ro�ie,Issues and pro�{ts as they accruo and bec�c�e paYable,so tong as F3or¢owor �t.3,; . � ';;.r7.,;,a:_ .. . _
<br /> Is�ot,at suah time,te�do9autt with rES�oct 4o g�ay�en� of any indebtedness secured �ere�y,or in tRQ Ber�ormartco oP any �,�,,,Y;. ' _
<br /> " � � • . agreemer�t hereurtdor. �'{`'j�� �
<br /> ��?` '
<br /> „.,
<br /> 2. AocatnR�a�anR of ff�ac�iver. I4 any evcanY of dafault in reapect to the Securfty Instrun�ont �hail have occurred artd Ca ,.,. •
<br /> • continuing, Lee�d�r,as a enatter o4 rigP�4 and without notice to Borrower or anyone clalmic�g under Borrower, and wi3?�out � ;
<br /> regard to the vaiue of the 4e�est estate or the intereot of the Borrower therein,shali have the right to appty to any court having •
<br /> juriadiction to appoint a recelver of the property. :'#:, � ';�
<br /> " 3. Riaht to Poasesalon.In case of detau�t in the payment of the said princi�ai Note or interest,or any part thereof,as it ;;f , , ;J�-�
<br /> • • shail mature,or In the case of taflure to keep or pertorm any ot the covenants or agreemen ts con ta in e d fn the Securit y instru- "�` . , . �;a�-_
<br /> " � ment, then the Lender,its successors or assigns, ahall be and is hereby authorized and empowered to take immedlate ' ��i
<br /> .. possession of the said premises therein described andto coliect the rents therefrom,and to appty the proceeds t4�ereof to the ~�"'�� >�
<br /> Y�^� ,
<br /> .: _ q�ayment of the Note. _.._ :
<br /> -!' 4. �DIiGAfien ef RgntS.tssues and Protits.Ail reMs cottected by Lender or the receiver shail be applted first to payment y';�,�
<br /> ,�;..r .. � . . .:
<br /> :.f: i�::, . .
<br /> " ', �� ;,,E• , of the costs of managemeM of the prope►ty and cottectlon of rents,fnciuding,but not Iimited to,receiver's fees,premiums on {,:', �
<br /> ;;,;,�r,`��:f;;,�;f�;��:;'� receiver's bomeBs and reasonabte attorney's fees,and then to the aums secured by the Secu�ity instrument. Lender end the , �:µfi,:��_,
<br /> {i ••� receiver shal�b0 Iiabte to account only for those rents actualiy �eceived. `
<br /> 1 .
<br /> w�J k,.,:� �.���. .
<br /> �<�� 5. Conatruction of Provisiona.Each of the provisions contalned in thia Assignment of Rents Rider and the Security Instru- �'ir� ,�a
<br /> ;�� � ment shatl,untess otherwise specificaily requtred, be construed in accordance with Nebraska Iaw,and in the event any ;°��$ '^° �� �''
<br /> F.r
<br /> provision herein or thereln contained shall be determined by a court of competent jurisdictton to be unenforceable,the same ,�j . ��
<br /> shall be construed as though such unenforceabie provi slon were not a part hereof or thereof. i�';
<br /> 6. �ffect of Rider.Except as specfficalty modlfied by or inconsistent with this Assignment of Rents Rider or by any othe� ! �
<br /> �• applicabie rlder,ati of the terms and provisfo�s contained In the Security Instrument shali continue in fulf force and effect. � ,
<br /> . k F���
<br /> .�
<br /> IN WITNESS WHEREOF,Borrower has executed this Asslgnment of Rents Ri�ier or�the date/Jtlrst noted above. ; ���. � ..
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<br /> � `���:' DOUG S WAYNE cTAUISH� PER ONALLY � � YNE Inc/ 1��TNER
<br /> �;}�}: :�..
<br /> ;. �,,��„� I�. Yj'�.e.�.,::,.tu�.�'v `
<br /> ' SUSAN K. �IcTAUISH, PERSONALLY eorrower ,���
<br /> KEITH JENSEN mcTAVISH, PARTNER ,
<br /> �
<br /> •� STATE OF NEBRASKA) ;
<br /> (ss: i,,.
<br /> COUNTY OF HALI 1
<br /> � On this 6TN d8y o� APRIL �19 94 before me tho undersi n�d a Nota�Public duiy commissioned and
<br /> qua�ified!0r satd county,personaily came ODUGLAS' WAYNE I�cTflUISH A�10 �USAN ".. mcTAUISH, HUS6ANG (
<br /> • � AND WIFE A!1i� KEITN JENSEN f�icTAVISH, PARTNER ,to be the�dentical person(siwhose name(s)isfare sabscrlbed
<br /> •�''t•. to the foregofng lnstrument,and helshe/they acknowledge the execution the►�o"to be his/hedt voluntary act and deecf.
<br /> `�`" Witness my hand and�votariai Seal at GRAND S� 0, ��=�~:�5KA ,
<br /> .�<<��;}��`.;.�,��t,f��;; In s � cDi� , e�late at ,�
<br /> ,` :;;`: ` � - �'�
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<br /> '' otary Publfc ,
<br /> My Comrrtissio�re��.a �7 �
<br /> —_- - yj v �.�A
<br /> MF�030 09A �(���7/�
<br /> ��'��4��fjdoi
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