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<br /> ����� � � 9�" 1(�3
<br /> =-- '-� �.'':'� ,
<br /> ASSIONMENY 0�14ENY�RibE11 i�a�1J~
<br /> "- ����'� TMIS A38IdNMENT OF REN7S EIIDEii Is made and exeauted thla �9� dey oi ApTil � ��p 9!�___,o��Is --------
<br /> �F�"'��'� � Incorparated into and ahali be deemed to amend and eupplement the Mortgage or Deed of Truet,horeinaiter referrmd to ae the
<br /> _n.
<br /> •'�_ � ._ "Seeurity Instrument", af tha same date given by the underalpned,hereinafter refereed to as!he"Borrower", to eaoure
<br /> , ,� �....
<br /> °' ' ., � �� 8orrower's Indebtednoss,hereln�fter referred to as the°Note°�to HOME FcDBRAL 86►`/IN08 AND LOAN ABSQCIATIQN�F ��_.._._
<br /> aRAND iSLANO.hereinafter referred to as the��Lender'�,of the same date and aoverin0 the praperty deeeribad In the Beourity --��� °
<br /> -"�'��rr;,�°���".", Instrument and looated at:
<br /> , �����*.�:::,.:�__.
<br /> �� 1011 North Hanvock, Grana Island, Nebraska 68803 c-�----� -
<br /> " .. ° _�_ ... _... ... �.r.�.,
<br /> ,� • ' (Property Address) _ — .---�------
<br /> WITNESSETH: ���"'��=
<br /> �,:�.�a��:---
<br /> WHEREAS, Borrower and Lender have a r�ed that any rents and protita attributable to the property ehauid aonetituto �� �--'�-�---'--"�'�---�
<br /> ., 9 ,«��ir...�.�-'-_=---
<br /> " , additional seaurity to the Lender tor tha paymant of the Mote; ��_�'--t'=�=':°`-
<br /> ,
<br /> .. . .. � �: :r,.�- ---_=,--
<br /> �.;.;Y�_-
<br /> ,., °�'-
<br /> "� NOW,THEREFORE,it te agreed that the Seourity Inatrument ahall be amanded hereby and deemod to Inolude tho followMQ �_�.:�=----_-
<br /> �.-wr.tio-��s.�-�:-�-_.--
<br /> . ii�..'Y�:. provisians: --_- .;:--_---�.
<br /> ,��: . .
<br /> ,+t�' . ?�:axrl�e�.—j==
<br /> ` , ., • 1. Bgsianment ot R$�s an (,endQr Rental Cotleotlon Rlghta.Borrower hereby absolutety and unoonditlonalty asslgns all '� ''���'�'-��°�-=�'��
<br /> g ....�...�._
<br /> rents, issues and pro4lta of the property to 8eneficlary. Lender eha�t have the right, power and authority durinp tho , , "f,;_.' —
<br /> � � ' continuanae of the Seaurity Instrument to coitect the rents,Isaues and profits of the property and of a�y pereonal propony ; � �``-�
<br /> 4 .��....��_
<br /> Iocated thereon wilh or wfthout taking poasesalon of the property affeoted t�ereby. Lender, how�iver, hereby consenta to . � -- =:-
<br /> �' ' ', " Borrower's coltoction and retention of auch rents,lsaues and profits as they aoo�ae and become payable,so long as Borrower --_-
<br /> � '. • is not,at such time, in default with reapect to payment of any indebtednesa seoured hereby.�r in the pertormance of any ;'.,:� _R _
<br /> agreement hereundo�.
<br /> ,, ' .. . ., t'• � .ur-a.,;�-----
<br /> ; ". 2. Paoolntment ot fiecelver. if any event of detault in respect to the Seourity instrument ehail have oacurted and be ,,. ,, �''`'°'"`�-��-
<br /> , �;�.,�.�
<br /> continufog, Lendo�,as a matter of right a�d without notice to Borrower or anyone cialming under Borrower,and without , ��-. �-�
<br /> regard to 4he valuo of thr�trust eatate or the interest of the Borrower therefn,shall have the right to apply!o any court having r f�''Y�"
<br /> • jurisdiction to appolnt a rocelver of the property. ,, .-,,,,��,',::
<br /> 3. pj��t to Possession. In case of detau�t in the payment of the said prinolpal Note or intereat.or any part thereof,as it � ��
<br /> . shali metuee,or in the cas¢�ot failure to keep or pertorm any of the covenants or agreements contal�ed In the Seas�rity Instru• ��'
<br /> , � � ment, then the Le�der, tts successors or assigns, shaii be and is hereby authorized and empowered to take immediato ,�
<br /> • ' � possesslon of the said premises thereln described and to collect the rents theref�om,and to apply the proceeds thereof to the
<br /> -'_=-°--' - _'°—' piay�iinni Ot iitb i�GFn. • ' '
<br /> ' d. gpg�ication ot Ronis.Iseues and Profit�AII rents coliected by Lender or the receiver ahaif be appifed flrst to payment
<br /> � of the costs of managem�nt of the property and cotlectlon of rents,inciuding,but not timited to,receiver's teos,premiums on .
<br /> " . recelver's bonds and reasonabie attorney's fees, and then to the sums secured by the Seourity Instrument.Lender and the
<br /> receiver shall be tfablo to account only for those rents actualiy recefved.
<br /> 5. Construction ot Proyislons.Each of the provisfons contafned in this Aasig�ment ot Rents Rider and the Securtty Instru• � .•�"
<br /> ment shail, unless othervrise spaclficaliy requlred, be construed In accordanae with Nebraska law, and in the event any r�
<br /> provision herein or therein contained shail be detarmined by a court of competent Jurisdiction to be unenforceabie,the eame ,
<br /> shail be construed as though such unenforcesble provision were nat a part hereof or thereof. �•
<br /> 8. Effect of Rlder.Except as specifically motiifled by or inconslatent with this Assignment of Rents Rider or by any other •
<br /> app�icable rider,all ot theterms and provislons contafned In the Securfty�nstrument sha�i continue tn fuli force and ef}eot, �t.:,, J�1:
<br /> ,. '; � .,,.s�_
<br /> , • IN WITNESS WHERHOF, 8orrower has executed this Assignment of Rents Ride on the date ffrst noted above. ,; ��`�'.
<br /> . � . '� .,�. ,
<br /> M3 in F. LuebtiIDrrower � ` ' ,
<br /> i . •
<br /> /�/��(/�� i
<br /> � �'� �1 D YlJ'b . �
<br /> MaTt ue Borrower � '
<br /> � � • ,,.
<br /> STATE OF NEBRASKA) I
<br /> (ss:
<br /> . COUN'fY OF HALL ) �
<br /> On thls �qth day ot Agril .19�_, before me,the undersigned,a Notary Pubtic duly commisstoned and �
<br /> qualified for safd county,peraonaily came Marvi.n F, Luebbe and Martha Luebbe, Husband
<br /> �; ' and wife ,to be the fdentical person(s)whose name(s)islare subscribed
<br /> to the foregoing Instrument,and he/she/they acknowledge the executfon thereof to be his/her/thefr voiuntary act and deed.
<br /> . � Wltness my hand and Notariat Seal at �'�d Island, Nebrasica _ ____________
<br /> . in id county,the dat ore aid.
<br /> µCENEAAt riOTA;�•State ot q� ---
<br /> µ.�� � ' L!_
<br /> � 1 SHERRI4 0'CALIAGFIpN ary Public
<br /> -��- MY Comm.Exp.SePt 28,1995
<br /> Mv Commission exDires:
<br /> Hf�030179i1 ..
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