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RE-RECORDED
<br />20030022$ Lzx Number: 2310662
<br />1-4 FAMILY RIDER 200214518
<br />(Assignment of Rents)
<br />THIS 14 FAMILY RIDER is made this 18th day of DECEMBER, 2002
<br />, and is incorporated into and shall be deemed to attend and supplement the Mortgage, Deed of Trust
<br />or Security Deed (the "Security Instrument ") of the same date givenby the undersigned (the "Borrower") to secure
<br />Borrower's Note m HERITAGE BANK, A NEBRASKA BANKING CORPORATION
<br />(me "Lender ")
<br />of the same date and covering the property described in the Security Instrument and located at:
<br />2911 W 4TH ST, GRAND ISLAND, NEBRASKA 68803
<br />[Property Address]
<br />1 -4 FAMILY COVENANTS. In addition to the covenants and agreements made in the Security
<br />Instrument, Borrower and Lender further covenant and agree as follows:
<br />A. ADDFFIONALPROPERTY SUBJECT TO TILE SECURITY INSTRUMENT. In addition to the
<br />Property described in the Security Instrument, the following items are added to the Property description, and shall
<br />also constitute the Property covered by die Security Instrument: building materials, appliances and goods of every
<br />nature whatsoever now or hereafter located in, on, or used, or intended in he used in connection with the Property,
<br />including, but not limited to, those for the purposes of supplying or distributing heating, cooling, electricity, gas,
<br />water, air and light, fire prevention and extinguishing apparatus, security and access control apparatus, plumbing,
<br />bath tubs, water heaters, water closets, sinks, ranges, stoves, refrigerators, dishwashers, disposals, washers, dryers,
<br />awnings, storm windows, storm doors, screens, blinds, shades, curtains and curtain rods, attached mirrors, cabinets,
<br />panelling and attached floor coverings now or hereafter attached to the Property, all of which, including
<br />replacements and additions thereto, shall be deemed to be and remain a part of the Property covered by the
<br />Security Instrument All of the foregoing together with the Property described in the Security Instrument (or the
<br />leasehold estate if the Security Instrument is on a leasehold) are referred to in this 14 Family Rider and the
<br />Security Instrument as the "Property".
<br />B. USE OF PROPERTY; COMPLIANCE WITH LAW. Burrower shall not seek, agree to or make
<br />a change in the use of the Property or its zoning classification, unless Lender has agreed in writing to the change
<br />Borrower shall comply with all laws, ordinances, regulations and requirements of any governmental body applicable
<br />to the Property.
<br />C. SUBORDINATE LENS. Except as permitted by federal law, Borrower shall not allow any lien
<br />inferior in die Security Instrument to be perfected against the Property without Lender's prior written permission.
<br />D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in addition to the
<br />other hazards for which insurance is required by Uniform Covenant 5.
<br />E. "BORROWER'SRIGHTTO REINSTATE" DELETED. Uniform Covenant 18 is deleted.
<br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, the first
<br />sentence in Uniform Covenant 6 concerning Borrower's occupancy of the Property is deleted, All remaining
<br />covenants and agreements set forth in Uniform Covenant 6 shall remain in effect.
<br />G. ASSIGNMENT OF LEASES. Upon Lenders request, Borrower shall assign to Lender all leases
<br />of the Property and all security deposits made in connection with leases of the Property. Upon the assignment,
<br />Lender shall have the right on imdify, extend or tertninale the existing leases and to execute new lenses, in Lender's
<br />sole discretion. As used in this paragraph G, the word "lease" shall mean "sublease" if the Security Instrument is
<br />no a leasehold.
<br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION.
<br />Borrower absolutely and unconditionally assigns and transfers in Lender all the rents and revenues ( "Rents ") of the
<br />Property, regardless of to whom the Rents of the Property are payable. Borrower authorizes Lender or Lender's
<br />agents to collect the Rents, and agrees that each tenant of the Property shall pay the Rents to Under or Lender's
<br />agents. However, Borrower shall receive the Rents until (1 ) Lender has given Borrower notice of default pursuant
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<br />MItL'1'ISTATB 14 FAMILY RIDER - Singlc Family- FNMAn'm.MC UNIFORM INSTRUMENT FO
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