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<br /> A881aNMEN1'OR R�IJ1'ti 6�IDEFD � ---
<br /> , . . 16TH APRIL 34 , ,1'� .��,_.,:.-
<br /> TFtlLi ASSIQNMGNT OF RENTS RIOEF�lu mndo and executad thlo day of ,19 ,and IA ;��.;�,-
<br /> Inoarparotod into�nd mha�t As d�aomod to amend end supplement the MoRgoge or De4d of T�ust, herofnafter rofc�rrod tA a8 thQ �.: __
<br /> `� � "tiecurit,v In�t►umanl". of tP�p aemo de�te given by the undoralgnod, he�ofnoftor rofo�rod to as the��Oorro►va�",to aeauro , . � ,
<br /> . �arrOV�or'8 ire�3o0t�dneas,haroinafter reforred to as ihe"Plote",to HOME FEDERAL SAdINQS ANp LOAN ASSOCtAT{QN QK , : ,,;:..�,�'
<br /> CiRAND ISlAPt�,herelnatter reter�ed 4o t►s the"Lertder��,of the seme date and coveri�g the property deacribed In tha Seaur�ty . �• , ,
<br /> inr�trument cPd I�cntoti nt: .. ��`--
<br /> . f..
<br /> 2407 N ENGLEmAN RD.. GRAND ISLAND, NFHRASKA 68803 _ :~��,��`"..• ...
<br /> � (Property AddreBS) ,�'M�`•� -
<br /> w�TN�ss�w:
<br /> WMEREAS, Dono�ver and Lender have agreed that any rents end proffts attributable to the praperty should canatitut� ----
<br /> additfOnal securit;l to 4he Lender for the payment of the Note; � �;.:_--
<br /> NOW,TFi�REFORE, it is agreed that the Seaurity Instrurnent shati�e amended hereby and deemad to tnctude the tqllowing �r�_
<br /> provislans: ' r�
<br /> 1. �{�nnmant of�gnts artd Lender Rental Coliectlan Nlahts.8orro►ver hereby absolutetyand unoondittonally assigns ett '�-,-
<br /> ronts, issues artd profits ot the property to Beneficiary. Lender shali have the rfght, power and authohty during the -��
<br /> cont{nuanCe of the Security Insttument to Co1�eCt th�rent8,iasues and profits of the prope►ty and ot any personat property *�"• =
<br /> � laaatad thQroon with or without takin property aftected hereby. Lender, however,heroby conaants to • � � ..�' �'-
<br /> g possession of the �
<br /> Borrower's cotisctfon and retention of such rents,tssues and profit$as they accrue and 6ecome payeble,so t4ng as Etorrower � ; ' :, ��,.�. —
<br /> is not,at suc h t fine,in de fau�t w i t h�espect to payment of any indebtednesa secured hereby, or in the penorrnanae ot any
<br /> agraement heteu�der. . ° ._
<br /> 2. Apnolntment ot Reaeluer.�f any event of defauit in respect to the Security Instrument shali have occurrod and be � +., •. :
<br /> r continuing, Lsnder,a�e matter of right and without notice to Borrowe�or anyone ciaiming under Borrower,and wlthout • : �_
<br /> :;:� rctgard to the vai�no of the trust estate or the interest of the Borrower theroin,shal l have the right to appiy to any courE heving _
<br /> ,.:• jurisdictfon to appolnt a receiver of the property. � ��� �
<br /> . ,',t,;� 3. Rinht to Posses lon. In case of default in the payment of the said principal Note or interest,or any part thereot,as it '" ; • � ''�+,���
<br /> "'• shali mature,or in the Case ot tailure to keep or perform any of the covenanta or agraements contained in the Security tnstru• ��`;.;� ._ _
<br /> � � ment,then the Lender,its successors or assigns,shali be and is hereby authorized and empowered to ta�{ce immedlate •• ;,, .�
<br /> .. • :, � •.,
<br /> ' `r�j:S';�} Ao88e88iqn Ofi thB aeiti premises tharein deac:ri�ed ef�d 28 GBiibGt 2h8 r8nt6 2he�82totii,8ttd!C ap�3ly tt1C prCCCL'd8 lhsfBCf tC thB . .:=---��`'�` "� __
<br /> ( -- -.--„- ,.,,
<br /> � ��'�••�'j payment of the Note. f
<br /> , . ,::,..,., . . -
<br /> t:-:, ' � ': +
<br /> • � ''•%i • 4. Apalt�atfon of Rents.Issues and C�rorrt�.AII rents collected by Lender or the receiver ahail be applied itrst to qaymen4 � , -
<br /> ,;���;.. : of the cost3 of management of the p�operty and cotiection of rents,including,but not Iimited to�receiver's fees.premiums csn � �:'
<br /> racelver'8 bonds and�essonable attorney's fees,and then to the sums secured by the Security Instrument.Lender and the � ,
<br /> }�,.;�` � . ' - , '
<br /> ,.,..,• ; . rocelver shatl De Ilabie to account only Vcr those rents actualiy recefved.
<br /> ,,�.�. '� � .��`i
<br /> � �' �� S. Constructfon of Provisiona.Each of tine provlsfons contained in this Assignment of Rents Rider and the Security Instru• ��=y+;
<br /> " �"t��' ment shali, uniess o4herwise specificaliy r�quired, be construed in accordance with Nebraska Iaw, and in the event any � �I!..�� `
<br /> , � provision herein or therein contained shall be determined by a court of competent Jurisdiction to be unentorceable,the same i �l'°�
<br /> ?,. ahail be construed as though such unenforceable prov{sion were not a part hereof or thereof. , ;
<br /> 6. �fiect of Ride_r, Except as specificaliy madified by or Inconsfstent with this Assignment of Rents Rider�r by any other �.. ;
<br /> � �",�,,,.. appliCable rtder, ail of the terms and provisions contained In the Securfty instrument shatl contfnue In fult force and eftect. : • • ,.•yt°,���'-
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<br /> ,_..;, ' IN Wf7NLSS VitHEREOF,Borrower has ex�cuted thfs Assignm�nt of Rents Rider on t e date ffrst noted above. I ,;`,�;'��� • +��-
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<br /> Y>i1�`' KENT . FISK Borrowar , ' .,,'. . . • J`�:: -
<br /> � �.-��a��'=L'.-� �a� ' '.,�''' � :-
<br /> , ' Borrower . ` .'r r �:'� i
<br /> ' LINDA L. FISK ' � �=I:..
<br /> ,�.�_:
<br /> � STATE OF NEBPASKA) ' �*_
<br /> i. (ss: . �.
<br /> . ' couNrr oF wm��.� � � ' ,.
<br /> .�
<br /> On this �6T� day of APRIL ,1g 94 before me,the undersigned,a Notary Public duiy commiasloned and •. _.
<br /> . . � quaUfied fo�said cou�ty,personaNy came KENT E. FISK FtNO LINDA L F ISK HUSBAND A(�G� WI�E '•
<br /> , {
<br /> � ::'�,',:,:� ,to be the identicai per�an�s)whose name(s�islare subscribed � ":
<br /> �' ��! '�?•� to the toregoing instrument,and helshelthey acknowie�ge il�e executfon the�eof to be hisihePJtlieir voluntary act and deed. , • s
<br /> � ��'�.� Wttness my handand Notariai Seal at GRAND ISLAND, NEBRASKA __ _ • � �
<br /> . � in safd count ,the datg aforesaid. . �`v�
<br /> •. _ 68�1ti IIDtAdr Stia ot I{� ` ��J aZ . /'� .
<br /> � 6�IIS L KASKIE � �_
<br /> Q��,�,pg,� Notary Publfc "� �
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<br /> -- - -- _ My Commisslon expfrea U��• � �� �- ` � � — . - :
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