|
. � , , t ,:i.� ��+'� �� �IbN F�:-J�,���57�'• � .`..- • . . , �, .. ��ir
<br /> n • ..,'-�aMy i �{a ifa�(.1 7 l' �,,' �.
<br /> _ .`a • _ "' ,I �' %�a.tr�"T'1�•.
<br /> 1
<br /> .... .
<br /> ' Ai�NMiNT OF RENTS Ilip¢R_ / ` "'����r . ..,
<br /> Tklg A881QNMENT OF R�NTB FIIDER IA m�de and exscuted thle 23RD day of AUGUST ,�g�+ .�and la
<br /> � inacrooratad Ir�ta and ah�ll be daemed to amend�nd eupptement the Mort�afle ov Deed of T�aet,herelnatter refer�r►d ta Ae the
<br /> "Security inatrumant"� af the e��ne da4e glvan by Ihe un�erolpned� herelnattar retmrred to sa the "Borrower", to esaure
<br /> gotrowK's indsbt�dn�t�,huafn�ftsr retsrrod tp�e the"Nota".to HOME FEO�RAL SAVINtiS AND LOAN A83QCIATION OF
<br /> QRANO ISLANa,htnln�tter nt�rrdd to as th�"L�nd�r",of th�s�m�date�nd covert�p the property deearibed In the Security
<br /> Initrum�nt and Ioor�t�d�t:
<br /> 1419 W. PRAIRIE RD. GRAND ISL.Ah� N� 98803
<br /> ���� (Prop�rty AAdress)
<br /> wiT��ss�H: ..
<br /> WHEREAS. Borrow�r arod Lender h�vs��reed ihet any reMs and p�ofits att►Ibutabie to ths property shoufd constitute
<br /> additlonal ssau8ty to the tAnder tor the payment ot the Nota;
<br /> KOW,THEREFORE�It i�apreed thet the 8e�urity Instrument ehali be amended hereby and deemed to ineluda the fol�owing
<br /> provisloni:
<br /> 1. Aaaia mt ot R�s an�Lendar Rental Collention Rtohta.Bo►rower hereby absolutely and uncondittonally aaaipns alt
<br /> rents� Is�u�s and profits of the properry to Beneticiary. Lender shatl have the right, power and authority durinp the
<br /> cantlnu�na�of the Seauriry Inatrumsnt to colleet the�ente.Isaues and protits of tho prope►ry and of�ny peraonai property
<br /> toaatsd thers�on wlth or wlthout takinp posseaalon ot the property affected hereby. I.Ander, however,hereby conaente ta
<br /> eomo�ae�'e cc�lte�stton wnd retentton of auch rente.taeuea artd profits as they acerue and become payable,so Ionp as Bonower
<br /> le not,at euah time,ln dstault with ros�seot to payment ot any Indebtedness secured hereby.or in the pertormartae of 8ny :
<br /> apreemeot hs�eunder. `�
<br /> 2. Aoaolc�tment of Receiver.If any event o} defauit in reapect to the Seou►ity Inatrument shaU have occuned artd be
<br /> continuinp,Lendsr�as a matter of�Ipht and without notiae to Borrower or enyone claiming under 8orrower�and without `"
<br /> repard to the value o�the truat eatate or the Intereat of the Borrower therein.shatl have the�Ight to appty to any cou�t having
<br /> Jurlsdlotlon to�ppolnt a recelver af the proporty. ,���
<br /> 3. �ht to Posaeasioe.ln eaee of detautt in the payment of the said prinolpel Note or interest,or any part thereof.as It
<br /> ehatl maturo.or In the oeae of faliure to keep ar porform any ot the covenants or agreementa contafned in the 8ecurity�nst►u• ���
<br /> ment. then the Lender.ite sucr.eaaora or esaigna,ahatl be and Is Aereby authorized and empowered to take immediate ;,��:
<br /> , posseeeton of the aaid premlaea therein desaribed and to cotlect the rents therafrom.and to appiy the proceeds thereof to the �.�.
<br /> ..Y ti peyment af the Note.
<br /> 'r;+a
<br /> 4, Aeollcation of Rents Isaues and Protlt$,Ati renta colieated by i.ende►or fhe recaiver shaii be appiieni iirst ir,�ay�ar�i
<br /> ' of the coste ot manapement ot!he property and cottection of rents,inatuding,but�ot limited to,recetvePs feea,premiums on
<br /> � �� �ecelver's banda and�easonabie attomey's feea.and then to the eums secured by the Securtty Instrument.LRnder and the ��.
<br /> :�,. '
<br /> �J�;�• recsivet ehsll be Ilabte to aCCaunt oniy for those rents actuslly recetved. '��
<br /> � .�t. s�:� 6. &onat�ctton of Provislons.Eaoh of the provisions contatned in this Assignment of Rents Rider and the Seourity Instru- ,j:
<br /> '�'=" �� ment shall,unieaa otheneriae specifiCally requlred,be constnied f� accordance with Nebraska taw.end In the event any
<br /> :,�5,..��- .:.r.
<br /> p ro v i a l o n h e r e i n o r t h e r e l n c c n t a i n e d s h a l t b e d etermined b y a court of com petent Jurlsdiction to be unentorceabte.the same
<br /> ��� `��.h_, :..: shall be construed ae thouph euch unenforceabte provision were not a part hereof or thereof.
<br /> ` r���� 8. E1Mot of Rtder.Except as epecltioaliy modifted by or inconsistent with this Aasignment ot Rents Rider or by any other
<br /> `a�F� applioebte rider,ail ot the terma and provislons contained i�the Security Instru ent ahall continue i�tull force and effect.
<br /> .
<br /> y IN WITNESS WHEREOF,Borrower has executed this 1 nt of ReM's er on the d tirst noted above.
<br /> `
<br /> UIILLIAI'll J. AWTO wer ,
<br /> _ :�5, } ` ,
<br /> ., .
<br /> tY�.� �-.t�.•'>r".
<br /> �,���•:;V,. �.•'„��;.,.� mAFtCIA J. LAWTON �ower
<br /> s� ���,. ,
<br /> ,. L'.::.}s:�r. �' .
<br /> :1`�;;'��';.. STATE OF N�BRI�3KA�
<br /> ,,..Y� (88:
<br /> .�:tYs;-"'•:
<br /> .-7;�•j���;;c COUNTY OF HALL I ..
<br /> �" � �''' 23RD AUGUST 94
<br /> :;='1�.`:',�•"•, On thia day ot ,19 ,batore rtae.th�undersfg ned,a Notary Public duly commiastoned and �
<br /> �,, YY�-`= qualifled tar aald connty,personaNy oame WILLIA�I J. LAWTON AND mARCIA 7. LAWTON, HUSBAND ANO WIFE
<br /> ' "ff.�'�a`k'': ,to�e the Identicat p erso n(s)whose nam e(s>IsJare aubscribed
<br /> ��°"'""�'�� to the forepoi�p instrument,&nd hetehelthey eoknowtedge the execution thereof to be hlslherltheir votuntary act and deed. �
<br /> ;�,,.... s
<br /> ��L?'""�*� � GRANO ISLAND. NEBRASKA
<br /> �"�r��':��:•''- Witrteas my hand and NotaYlal Seal at
<br /> .t�:°:t� �:�;y,-
<br /> ��":�:�`��:'=• fn Id county,the date af resald.
<br /> uu,: �• /
<br /> .
<br /> �s�;"' .c'���,: NOtary PuD�IC '
<br /> :- ::�..
<br /> ` •`�:�';�-��
<br /> --:�•� My Commfaaion expirea: a ����!��+�
<br /> '��� �:�'-� SIEMEalOxQ41AM
<br /> 4v.,,,.. .:lo MRiWOI►A� I� �flEbIILF�PWf.I.�� '
<br /> ��.,.«.R�• . 'mr�.
<br /> �..r.rr .�, .: { .
<br /> ' Rr." . I
<br /> �.��Z�`.,�... '`; �
<br /> - .a• �
<br /> siri+i�.• �•i:�.n�� p-
<br /> SI.]r1S'�i�ZA:JJS'i� �
<br /> .�RC rl'-� ,t V �- .
<br /> .'. .� 'l�
<br /> io.Y:;S.YS, P s� I
<br /> �.{: ,
<br /> �1. � ..�t.+
<br /> .���;
<br /> .;' t '�,.
<br /> ,,,` ., " � .
<br />
|