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<br /> (A491c�n��ent of Rent�) �a�l�°p �,Q➢:��3�1. - �
<br /> THI9 1-4 FAMILY RIDEH Ia mado this 28th dey o1 Novombar . 199�_, end lo incorpomted Into and ohell be •� __
<br /> , deomad to amend and supplemen4 tho Mortpugo, Daed of Truot or Secu�ily Oeed(tho 'Secudty InattumcnY) of tho oamo dato pwe��by tho .,
<br /> underelflned(the 'Bortowcr•)to secure Borrowers Note to Th� Overland hatlonal Bank of�rand Island � __
<br /> , (tho 'Lender') 04 tho sama dato nnd coverinfl tho ;�_
<br /> `,.. Property described In tho Secudty Instrument and locuted at: �,�r
<br /> 519 F_. 1 Ath Street Qrand Island Nebraeka 68801 . —^-�
<br /> [Property AOdro3o) � `��
<br /> 1-4 FAMILY COVEf�ANTS. In ndditlon to the covenants end agreements mado In the 3ecuriry Instrument, Bortower and Lendor �,
<br /> " turther covenant and agree ao 4ollowa:
<br /> A. ADDITIONAL PROPECiTY SUBJECT TO TWE SECUF�ITY INSTRUMEN7. In nddiGon to the Property descrl6ed In "'°�
<br /> tho Secudty Instrument, the following Iteme are added to the ProAerty desulptlon, end shall nlao conatiluto the Properry covered by tho • T
<br /> Securfty Instrument: bullding rnaterinls,applinncos end goods oi avery nature whatsoover naw or herentter located In, an, or used,or Intendad • y
<br /> to be used In connecllon with the Property, Including, but not Iimited ta,ihoae tor the purposes of supplying or dlatdbuting heaUng, cooling, ..;�-
<br /> electdcity, gae, water,nir and Ilght, flre preventlon und extinguishing aQparatus, sa.�uriry nnd accesa control apparatus, plumbing, bath tubs, -
<br /> � water heatere, water cloaeta, slnks, ranges, stoves, refriflerato�s, dlshwashera, dlsposals, washers, dryera, awnings, atotm wlndows, atorm
<br /> doora, screens, blln�s, ahades, curtalns and curtaln rods, eltached minors, wbinets, pnnelling and ettached ilaor coveri�ga now or hereafter
<br /> ariached to the Property,all of whlch, Including ruplacements and additiona thereto,shall be deemed to be end romaln a part o}the Prop2rl�r � , "
<br /> covered by the 9ecudry Instrument. All of the }oregoing together wlth the Properly doscribed In tha 3ocurity Instrument(or the leasehold ••
<br /> estato If the Secudty Instrument Is on a leasehold)aro re}erted to In this 1-4 Femlty Rlder and the Securliy Inatrument ae the'Property'. '
<br /> � B. USE dF PROPERTY; COPVIIPLIANCE WITH LJ4W. Bortower ahall not soek, agree to or make a change in the use at � ' .
<br /> • �� the Property or Rs zoning classl0catton, unless Lender has agreed In wdUng to the chunge. Bortower shall comply with all lawa,ordinences, •:. .
<br /> regulatlona ond requirements o1 any govemmentel Cody applicable to the Properly.
<br /> C. SUBORL11N�1TE LIENS. Except as pertniried by fedeml law, 8orrower shall not ellow any Ilen Interior to tho 3ccuriry Inatrument . ���
<br /> . to be per(ected agstnct tho Property without Lendet's pdor written permisslon. ;,R.°,
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<br /> D. RENT LOSS INSURANCE. Borrower shail malnteln fnsurance agalnat rent loss In addiGon to tha other hnzerds for whlch �:
<br /> insurence Is requlrod by Unitorm Covenant 5. �l��
<br /> ' � E. "BOiiROWER'S AIQHT TO REINSTAT�" DELETEO. UnHarm Covenant te is deleted. � ' � ,�
<br /> F. BORROWER'S OCCUPANCY. Unless Lender and BoROwer othenvise ngree in writing, tho flrst sente��c� In Uniform • � - . '�-..
<br /> Covenant 8 conceming Bor►ower's occupency of the Property Is deleted. Atl remuining covenunts and ac�roements set torth (n UNiorm � ° �;•��s'�r•�,
<br /> Covenant(i shaA remeln In eNect. � " __
<br /> `•• �� G. ASSIQNMHNT OF LEASES. Upon Lender's request, Borrower shall asslgn to Lender all leasea ot the Property and nll � ,, --.R
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<br /> � ,':. secudty deposita made in cunnectlon �vith leases ot tne rraperty. upon tne assignment, �enoer snan fiava ina ngm w muwiy, axiai�u oi ----.:,��:
<br /> terminute the exlsting leases and to execute new leases, In Lender's sole discretion. As used In this paragmph a,the word 'lease' shall ' � �
<br /> mean "subtease'if the Securiry Instn�ment la on a leasehold. '
<br /> H. ASSIQNMENT OF RENTS; APPOINTMENT OF AECEIV�R; LENDER IN PO�SESSION. Bonower absolutely �
<br /> • and uncondlUanuly essigng and transfera to Lender ail the rente and reYenue9("Rents")of the Property, regardless of to whom the Rents of "
<br /> the PropeRy nta payable. 8or►ower authodzes Lender or Len�er's agents to collect the Rents, end agreos that ettch tenant o1 the Property �.
<br /> ahall pay the Rents to Lender or Lender's agente. However, Bortower shell receNe tha Rents untll (i) Lender has gNen Borrower notice of I .
<br /> deifiuR pursuant to peragraph 21 of the Security Inatrument end pq Lender hes given notice to the tenant(s) that thv Rente ere to be pald to !
<br /> - Lender or Lender's apen:. Thls aestgnment of Ronts conatitutes en nbsolute aeslgnment end not un nsslgnment for additional secutity onty, ,
<br /> � If Lender plvea notica ot breaah to Borrower: (I) nll Rents rocelved by Borrower shell 6o held by Bortower e3 tru�tee tor the beneTit of
<br /> Lender only,to be ripplled to tlie sums sacured by tho Security Instrument; (N Lender eheil bo entitled to collect end recelve all of the Rents �'�' •
<br /> of the Property; pil) Borrowcr agroes that encl�tenant of the Property shall pey nll Hents due and unpald to Lender or Lender's aQonto upon �
<br /> Londor'e w�itten demend to the tenant; (Iv)untesa eppllcable law provides othenviso,all Rants collected by Lender or Lender's aflente ehnll bo ' °
<br /> applied flrst to the costs of taking control o}nnd maneging the Property and collacting ihe Rente, Including,but not Iimited to, eqomey's feas,
<br /> recelver'o tees, premlums on rccelver's bonds, repelr and malntenance costs,Insurance premlums, texes, asses3ments�snd other charges on , � . ;. d_
<br /> the Property,and thea 4o the sums secured by the Security Instrument; (v) lender, Lender's ngents or any judicinity eppolntad rocelver shnll ` ' ~`�
<br /> be Ilable to sccount lor oniy those Renta actually receNOd;and (vq Lendor ehnl7 bo entitied to have a receiver eppointed to take possesslon '
<br /> 01 nnd munage tho Property and eolloct tha Rents end profita derlved hom the Property without any showing as to the Inadequacy of tho
<br /> Property ea secudry. j1
<br /> It the Renta of the Property ero not sutflclent to cover tho costs of tnking control of and managing the Properry and of collecUng the J ' • .
<br /> Rents eny funds e�ended by Lender tor such purposes ehall become Indehtedness of Borrower to Lender aecured by tho Socurity - "
<br /> - InsUumcnt pursuant to Unifartn Covenant 7. ! �_
<br /> Borrower represents end wartants that Borrqwer has not executed any pdor asslgnment o1 tha Rents and hn� not and will not per(orm , . _
<br /> any act that would prevent Lender from exercisinp Its dghts under this paregraph. ' ��_
<br /> ' Lender,or Lender's agents or a Judiclnlly uppolntod receiver, shall not bo requlred to enter upon,take control of or malntafn the Property ��^• �
<br /> boforo or nfter giving notice of doPault to Borrower. How�ver, Lender, ar Lender's egento or a Judlcinlly appolntod receiver,may do so at any ' ' _.
<br /> time when a detnult occurs. My npplication of Rents shall not curo or waho any default or fnvalidato nny other�ight or remedy oi Lender.
<br /> , Thls nsslgnment of Rents of tho Proporty shall terminato when ull tho sums secured by tho Security Instrument ara pnld (n Iuli. ;
<br /> I. CROSS-DEFAULT PROVISION. Borrower's dofault or breach under any notv or nflreement In which Lender has an (nterest ,
<br /> shnll be a breach under tho Securlty Instrument and Lender may fnvoke any o1 tho remediea permitted by tho 3ecurity Inst�ument.
<br /> ': BY SI�NINO BELOW, Borrower accepts end agraos to thc�terms and provlsions contulned In thls 1�4 Famity Rider.
<br /> _ ��G��.��_�.�<rl�� (Seaq
<br /> „ eo��ow� Vinconta Valadez
<br /> ' � [Scai] �
<br /> eorrowrr �, 4�
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<br /> [Senl] ,
<br /> � eorrmti•er
<br /> .. (SCaI]
<br /> eorrowcr .
<br /> MULTISTATE 1-4 FAMILY RIQER•Fnnnlo Moe/Fraddio Muc Unilortn Insbument Fortn 3170 9/90
<br /> � F1342.LM0(11I94)
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