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<br /> ,. YNIG AG�11��1h1E:NYQF RFiNTS FII�ER is made and exocuted thls^.25TH dRy oq NOVEmFIER ,�g 94 ,and!� � " -
<br /> �• U�corpc�rnfcd Into and oiinll bo doovned lo umond and supplomant tho MortgaQe or Daocf of Yrusl,hproln�aHur roforred to no lilo �,
<br /> "Joourity Inotrurnonl", 09 tho s�rne dnto glven by Yhe underolgned, herolnafter referred to as tho "Borroe�or", to aocur� , �-
<br /> .. Qono�vt�r'a Indobtednoo�,ho►olnnfter referred to as the"Note",to HOM@ FEDERAL SAVINQS AND LOAN ASSOCVAYION OF
<br /> = �� . (3RANq IgLAND,FIOPOInt�ftet ra}orred to ae the"Le�der",of the same data and covering the proporty do�crlbed In the Seaurlty �,
<br /> Inetrumont nnd looatod ot:
<br />-�� . ' " � 609 S. SYCAmORE, CAIRO NE 68824 r " "'�'`�'=-
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<br /> WITNE58ETH: (proporty Addrosa) . .. _ -
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<br /> � WW�REAS, Bonowor And Lender have agreed that any rents and proflts attributable to the proporty should conatlluto � '
<br /> eddlllonel securlty to tho Lander for tho payment oi the Note; ' —.
<br /> i �:.-
<br /> � NOW,7HEHEFORE,It Is Agreed that the Securlty Instrument ahall bo amended horeby and deemed to include the following ,.
<br /> . provlaiono: • , . ---
<br /> ' 1. �esl�nment of R�nte a�d I.�der Rental Collec:tlon Rlnhts•Borrower hereby absolutoly and uncondltionally aeslpne All � . � � x�,';=
<br /> ° rente, Iseuea and profite of fhe property to Beneficlary. Lender shall have the rlght, power end authorlty durinp tho i �;
<br /> ., contlnuanco af tho Seourity Inelrument to collect the renta,IasuQa end profits of the property and of any personel property � , �
<br /> �� looeted thereon wlth or wlthout taking poasession of the property atfected hereby. Lender, however, hereby conaenta to r� '
<br /> ., , " Borrower'8 colleotlon and retentlon of auch rente,Issues and profits as they accr�e and become payable,so long as Borrower � � . . • _�
<br /> . � - Is not, at such tlme, In default wlth respect to payment of any Indebtednese aecured hereby,or(n thv porformance oP any ` .,,.'�_�_�,. �°-
<br /> , , agraament heraundar. ?" - -
<br /> • 2, o t Ant of Rqcelv�If any event of default In respect to the SecuNty Instrument shall have occurred and tra ; ��»i'������
<br /> � „ contlnulnp, Lender, ae a matter of right and without notice to Borrower or anyone clalming under 6orrower, and without � , s�
<br /> „ reAard to the value of the trust estate or the intorest of the Borrower thArein,shAtl have the ric�ht to apply to any Court hAVing � „' � _- _
<br /> . Jurisdlotlon to appolnt a recelver ot Ihe property. __
<br /> � ' 3. �Ipht to Pp eeeelon.In cnae of default fn the payment of the sald princlpal Note or interoat,or any part thereof,ae it ' � � ',a, -
<br /> ehall malure,or In the case of fnlluro to keep or perform any of tho covenants or agreements contalned in thA Socurlty Inet�u- i ' ��F�• --
<br /> menl, then the Lender, Ite auccossors or aesigns, shall be and is hereby authorized and empowered to taka Immedlnte ����
<br /> possesslon of the esid premisesthereln deacrlbed and to coilect the rents therefrom,and to apply the proceeds theroof to tho ; , '' �
<br /> paymont of the Noto. �
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<br /> 4. ADDllcntlon of ponts.Iseues and Proflta.All filntc r,.nllwr.twtl hv I s+nrla nr th�s raralvn�chal hn n�lla f�rat tt�naumanf � �
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<br /> ,. of thp costs o}management of tho proporty and collsction of ronts,including,bul nui IlmltedVto,receiver's foes,promluma on �t�.;
<br /> reCelver's bonds and reasonable attorney's fees, and then to the sums aecured by the Securlty Instrument. Lender and the � •" -
<br /> • recolver shall bo Ilable to account only tor those rents actuslly recelved. j' '
<br /> � 5, Constructlon of Provlslone.Each of the provlslons contained In thle Aaslgnment of Rents Hider and the Securlty Insttu- � . �.�
<br /> ment shall, unlese otherwlse specltically requlred, ba construed in accordance with Nebraska law, and in the event any ' '�
<br /> provlslon hereln or thereln contalned shall be dotermined by a court of competent)urlsdictlon to bo unenforceable,the seme � ° �� �
<br /> shall be conatrued ae though such unenforc�able provlslon were not a part hereof or thereaf. � �,
<br /> 6. �ffoct of Rlder.Except ae speciflcally modlfled by or inconslstent wlth thls Asaignment of Rents Rider or by any othor Y
<br /> appllcable rider,all of the terme and provlalone contalned in the Securlty Instrument shall continuo In full force and effect. ' '.� '��
<br /> . IN WITNESS WHEREOF,Borrowor has oxecuted thls Asslgnment f Rents ide n the date first noted above. , ' y
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<br /> GOHD L. SORENS N eorr �ver " " ,
<br /> ' JEA . 50REN5 N rrower -��� fs T�'
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<br /> . STATE QF NEBRASKA) ,: �-'
<br /> (ss: , ,
<br /> COUNTY OF HALL � ' ��''• �• �
<br /> • On thle 25TH day a{ NOVEmBER �g �4 ,bofore me the undvrslg ned,a Notary Public dul commissloned and �� , ''�
<br /> ' quallfled for aeld county,personally camo.GOFtDON L. SOREN�EN AND JEAN m. SORENSEN, HL�SBAND AND WIFE '
<br /> , _,to be the Identicel peraon(s)whose nsme(s)Is/ere subscrlbed '
<br /> • to the foregoing Instrument, c�nd haleholthoy ocknowlodpo tho exocutlon thereof to be hlslherlthelr voiuntary act and deed. -�
<br /> f " '' GNAND ISLAND, NEBRASKA '�
<br /> Witnese'my hand and NotarlalSoel A! __._ �
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<br /> , In seld county,tho date af es d.
<br /> ... �� GENEI�I t10T�lAY�tbMN�bqiu � -- . '
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