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<br /> �'_'�`��rrt'-�"= ASSIGNMBNT OF RENTS RID � �.0�7�`�3 . •':� ��:''
<br /> ""=''-''"':°`:"—""`°� - 18TH � APRIL ,19 9k ,Afld 10 .
<br /> �"'�'"°""""°;� ' THi8 A88IANMHNT OF RENT8 RIDER Is made and exeauted this day of . °
<br /> .�-�,��h�^��-��-y�+� incorporaied into and ahall be deem�d to amend and aupplement the Mortgage or Oeed of Truet,hereineflor refertod to no tho
<br /> : ��'��''�,'r�,:;:�:� "Securlty instrument",of the same date given by the undersigned, hereinaftsr►eterred to ua thu •'8orrowor", to 000uro
<br /> .�;.J;• .
<br /> rt�:z�,•�.; �>,��::«� � Borrower's(ndebtedneae,hereinaiter retened to as the"Note",to HOME FEDERAL 8AViNtiS AND LOAN A88QCI41TIQN OF . -
<br /> -.. ; '��• �RAND t3LAND,hereinafter retsrred to as the"lende�",qf the same date and covering tho property deocrlbed In tho 9eourlty , . -_
<br /> . "'�``''�r,�,5`.��" Inatrument and tooated at: . .,
<br /> �" LINDEN LANE, GRANO ISLANO NE 68B01 ° "-�-
<br /> � �`r"��• (Property Addrese) �. ��_
<br /> ti'�1.:;. r
<br /> -- . . - . .�_ WITNES9ETH: - .. • —
<br /> `. . .''::�,•--
<br /> � WHEREAS,Sorrawer and Lender have agreed that eny rents and profita attrlbutabte to the property should con�tftut0 � � �.� __
<br /> � � ' � additlonat seaurity to the Lendor far the payment of the Note; ' ''�'::.s;�
<br /> °r�:...
<br /> � • NOW,TMEREFORE,It is agreed that the Security instrument sP►ail be amended hereby and deemed to Inatude tho foltowi�4 ' •,�� , ' �'"
<br /> , � provlsions: ' , r>-
<br /> ��
<br /> M
<br /> 1. As�jgpment of Rents e�d LondQ{,B@ntat�q.(l� n I R Borrower hereby absolutely and unconditlonaity as8lgns ali � M�---
<br /> renta, lasues and profits of the propaKy to 8ene41olAVy. d.�rttter shall have the rtght, power and authority during the , ••"'�'_
<br /> . continuaaae of the.Security Inst�ument to aotieot the rents,issuQS 2,rtd Rrofits ot the property and of any personal propefty • ..�•
<br /> loaated thereon with or without taking possesaibn of the propertp affected hereby. Lende�,however,hereby consents to �-
<br /> `;''� " p Borrawer's oollectian and retention of such renta,lasues and profits as tRoy accrue and become payable,so long as Borrower . � - -
<br /> � is not,at auch time, in defauit with respect ta payment of any indebt�tness socured hereby,or In the pe�fo�mance of any "
<br /> ' ' " ^� agreemc�nt hereunder. • � °
<br /> ��''i'��''3' 2. Anoointment of Raaelver. if any event ot defautt in resp0ct to the Securlty Instrument shaU have occurred and be •• '�
<br /> ,�1!i;�. .
<br /> continuing, Lender,as a matter of right and without notice to Borrower or anyorto claiming under Borrower, and without '
<br /> Y ,y regard!o the vatue of the trust eatate or the Mtereat of the 8orrower thereln,sP�all Y�ava the rfght to apply to any court havi ng �__
<br /> jurisdiotion to appoint a recetver of the property. ' �� ��r
<br /> , 3. �,�ttt to Poasession.In case of defauit in the payment of the said princEpai Note or interest,or any part thereof,as It I • �-
<br /> shali mature,or in the case of failure to keep or periorm any of the covenants or agreementa contalned in the 3ecurity Inatru• ,' •!'`___ ____
<br /> �.�r'� ment. then the Lender, its successors or assigns, shali bs and is hereby authorized and empowered to take immedlate , "�"" �
<br /> ���"y�� possession of the said premises therein described and to collect the rents therefrom,and to apply the prxeeds thereof to the � �' �,�,� �`
<br /> �"�1�` paymsn!a!the r!ols. . '' . �
<br /> , ,...��.
<br /> 1__.___._,.
<br /> • i;.:'�, 4. �lpplication o�.�'{ents.issuea and Profits.All rents coll9cted by Lender or the receiver shail be applied first to payment ' .
<br /> u` ��i.�i:�: � .
<br /> ;, ,..i;``,,,M1j,; • of the costs of inertagement of the property a�d collection of rents,fnciuding,but not Ilmited to,receiver's fees,premfums on
<br /> receiver s bonda and reasonabie attorney's fees,and then to the aums secured by the Securlty Instrument.Lender and the ,'
<br /> � '"; recelver ehatl be Itabte to account only for those rents actualty recelved. , �
<br /> `���.
<br /> ,:,;•�,::;
<br /> � ' , 5. Conatruction of Provisions.Each of the provlsions contalned in this Assignment of Rents Rider and the Security Instru• �> ;
<br /> ment shali, uniess otherwise specifically requtred, be construed in accordance with Nebraska law, and In the event any I, V;- �.
<br /> • ' provisio�herein or therein contained shail be determined by a court of competent ju�isdictlon to be unenforceable,the same 'r`j
<br /> .. ",�;i��, shall be construed as though such unenforceable provlsion were not a part hereof or thereof. � • ..��+
<br /> 8. �ffect of Rider.Except as specificaliy modifled by or inconsistent with this Asslgnment of Rents Nlder or by any other ' '�
<br /> applicable rider,all of the terms and provisions contatned In the Securfty Instrument shall continue in full force and et(ect. ; T `'
<br /> W��-.;.
<br /> �� iN WITNESS WHEREOF, Borrower has executed this Assignment of Rents Rider on the date first noted above. ! ' /� ��
<br /> ' •��.i�%,r�fti �n/' � /W`�✓ ' —_ � :/l. �=T_
<br /> Tu_
<br /> - ', maRfiI� ' �p�
<br /> '�.:a;r• Borrower �pie-
<br /> ,. � �� � � , ��,
<br /> ���
<br /> mARGARET J. �I�NAfr1A sorrower �
<br /> . .. ' .. �,�''
<br /> STATE Of NEBAASKA) � ���'
<br /> . lss: e�;�
<br /> _ COUNTY OF HALL ) �
<br /> `.�'•'"`j"��h�,�' ARPIL 13 9�+ before me,the undersi ned,a Notary Public duly commisaioned and ' �
<br /> �'�:�;�r:';i:':;':.;t�, Ornthis 18TH dayof 9 -
<br /> '.,�'�;���,•;;�_' quelifi�d iorsafd county,personally came.11ARTIN J. PARTRIUG�, n crn�r_� r oFRSf1N a im m�Rr,AR T J. ' �.•�
<br /> �''`�•"':� � mcmANAmAN, A SINGLE FERSON ,to be the identicat person(s)whose name(s)islare subscribed S=
<br /> to the foregoing instrument,and helshelthey acknowiedge the execution thereof to be hislher/their voluntary act and deed. r_
<br /> �
<br /> ,; - -
<br /> ��,;,..; W�tness my hand and Notarial Seal at GRAPI� ISLAND, NEBRASKA ,.'
<br /> • in s�id Gou�Sy.td�e 'dtfl�a�ZJre96i�- ��? ; �
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<br /> • � otary Pu�i�c r-- = � • • t
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<br /> � My Corn�(Qn expires: �
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