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<br /> • ; ' „ ASSIGNMEM1IT OF RENTS RIDER �w'
<br /> -., TNIS ASSIONMENT OF RENTS RIDER is made and executed this 26TH day of OCTOBER �,994 ,and is Inccrporated ;;
<br /> . . (nto and shall 6e ��`�.
<br />,�� deamed to amend and supplement the Mortgade or Deed of Truat,hereinefter referred to ea the'Securiry InatrumenY,of the eeme ��;;,y_
<br /> data piven by the undnrsigned,hereinatter raterrod to es the'Borrower',to sacura Borrower's Indobtedneas,herAinefter referred to en the'Note", ` �
<br /> �"� . -
<br />_� , to HOAflE FEDERAL SAVINBS AWD LOAN AS�OCIA i iON OF(3HAND ISLAND,hereinaftar reterred to ea ihe'Lendor',of tha seme date and covorinp �'°-
<br />-� tha property do�cribed In the 5ecurity Instrument and located at: ��y
<br />- 4245 8H)1NNA, (3R71ND I9LRND, NEBRA9KA 68803 Y��:;;:
<br /> � ro�oam naeuu �-,_,-
<br /> .� WITNESSETH� —._
<br /> WHEREAS,Borrower and Lendar have A�reod thet eny ronte end proflte ottributabte to tho proporty should constitute ndditional oocuriry to tho d�'4�1
<br />-.� .• � Lendor for the peyment of the Note; " �
<br /> �.�
<br /> � �:�T
<br /> NOW,THEREFORE,it is apreod that the Securit� Inatrument shall 6o amonded hereby and doemod to include the followtn �°
<br /> / p provlsione: �;r='
<br /> ., m�:.
<br /> � 1. Aalpnm�nt of R�nts�nd Lsnd�r R�nt�!Coll�atlon RIphU. Borrower horoby abaolutely and unconditinnelly aasign�ail rente,Is�uas and ��
<br /> protits of xhe property to E3oneficiary. Le�der ehell heva the ripht,powar end authority dudng tho continuunco of the Socurity Instrument to coBoct ''"°-
<br />. • the rents,iseuas and proflta of tha property and of eny porsonel property located thereon with or without takinp poseeselan of tho property oflACted �=,�_
<br /> , hereby. Lendor,ho►vovar, horoby coneonte to Borrower's collection end ratention of euch rents,lasuea and prnfite es they eccrue end becomo ��_
<br /> .;:� payable,so long ae Borrower la not,et euch tlme,In dofauit with raspoct to payment of any Indebtndnosa secured horeby,or in tha porformanco t�-°
<br /> of eny eflreoment hereunder. r;=--
<br /> � - Tn�.
<br /> - 2. Appolntrt►ent u4 R�eNva. If any event of dateuit In ruspoct to the Security Inatrumant shall huvo occurrod and be continuing, Lender, �-
<br /> �_
<br /> � as s matter of riqht end wtthuut notice to Borrowor or enyone claiming undor Borrower,end without repard to the vaiue af thu trust estate or the -
<br /> fntereat of tha Borrower thareln,ehall havo the right to apply to eny court havinp Jurfadtction to eppolnt e recolver ot the properry. t�
<br />_ .. ... ,T
<br /> 3. Ripht to Poa�uton, In casv of dofault in the payment of the eaid principal Note or Intereat,or any pert thoreof,es(t shnll mature, or In �-�
<br /> the case of tailure to keep or perfo�m eny of the covenants conteined in tha Security Instrumont,thon tho Lander,Its successore or assipne,shall "��
<br /> , ° be snd ic hereby authorl:ed end empowered to teke Immediate possosslon of the eaid premisea therein described and to colleat the rente therefrom, ° �"
<br /> • ` . end to eppty the procoeds thereo}to the payment of tho Noto. '�
<br /> - �� � a� .y�- +
<br /> - . ' .'f�...
<br />• . � 4. Appflcatlon of R�nU,(stu��and P�oRts. All renta collected by Londer or the recelver shull bo appllad firet to pnymont of tho coste of '�:'
<br /> � . , manegement of the proporty and collection of rente,includinfl,but not Iimited to,roceivore's feea,premlums on rocaivor's bonde and reasonable �-
<br /> � ettorney'e fees,end then to the eums socured Uy the Security Instrumont. Londer and tho rocoivor shall bo Ilablo to account only for thoso ronto
<br /> _ • aatually rocaivod.
<br /> i 6. Ca�istruction o}Proviston�. Each of the provislons conialned In thls Asslpnmont of Ronte Rtdor and tho Socur(ty instrumont shall,unlass
<br /> -!` ' otherwise specifically requirdd,be construad in eccordance with Nobraska law,and in tho ovont any provislon horaln or thereln cantalnod ahall bo i_
<br /> ; dotorminod by n court of compatont Jurfadiction to be unentorcoabte,the eame sNall be construod us though such unonforcoablo provislon woro not �
<br /> -� a part horoof or theroof.
<br /> � , 8. Eifect ot Rld�r. Excopt oa npucifict�lly modiffod by or Inconsistent with thie Aselpnmont of Ronta Rfdor or hy nny othor applicablo rfdor,
<br /> ell of tho torme and provlaions cantainod in tho Socurity Instrumont ahall continuo inn full forco nnd offoct.
<br /> � IN WIfNESS WHEREOF,Borrowor has oxocutod thla AeslQnmont of Ronts Rldor an tho data first notod a6ovo.
<br />- . `; "~-� �� i�,�l/I� ,� ,�����y i
<br /> PHiLIP A TP7RIdHT DATti CINDY K 7RI HT nnT� �
<br /> „ �
<br />__t '_,_______ ,_ " STATE OF NE[�RASKAI
<br /> I
<br /> —
<br /> , __ _—_,_ i
<br /> (eU:
<br /> ° .. COUNTY OF pg�� ISLb1ND, HALL 1 �
<br /> On this 26TH day of OCTOBER , 1994 ,bi�foro me,tho undarelgnod,o Notory Public duiy conimisalonod and quolifiod for �
<br /> �` BOtd County,poraonnlly camo pHILIP A G►RTWKIOHT I�D1D CINDY K GIRTWAIaHT, }ttJSfl11Dm AtdD t�IFG ,
<br /> � �
<br /> (� to bo tho IdantiCal poteonla)wl�oso�omols)Is/oro subscribod to tho foropolnp instrumont,ond ho/sho/thoy ocknowladgo thn uxocutlon thoroof ta
<br /> �, bo hiu/hor/thoir voluntory uct and dood.
<br /> W7tnos�my hand und Natarial Soal at HALL � ,� fn sofd county,
<br />_ � �• tho dnto oforoanld. ����,��� /// '
<br />"` , � „ .. aws�w�rcM (�U�� � ���s1L.�t__ '
<br /> " ���I�RdA� 1� r+mL,n,x,e CHRIS KA.SKIL�' '
<br /> My Commisslon oxpiroo: 12 29 96
<br /> • APPLt1 001-00001085
<br /> �� ��j, 9I94 404�1 �
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