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200209973
<br />1- 4F"ILY RIDER
<br />(Assipfflett of Re"
<br />THIS 1 -4 FAMILY RIDER is made this 18th day of September 2102 and is incorporated into and
<br />shall be deemed to amend and supplement the Mortgage. Deed of Trust or Security Deed (the "Security Instrument ") of the
<br />same date given by the undersigned (the "Borrower ") to secure Borrower's Note to Ilnif d Nebraska Rank
<br />(the "Lender ") of the same date and covering the Property described in the Securityy Instrument and located at
<br />1424 -1428 N Kruse Fraud Island. NR b8803
<br />✓,IAaYA11-1
<br />S an
<br />1-4 FAMILY COVENANT In addition to the covents and agreements made in the Security Instrument, Borrower
<br />and Lender further covenant and agree as follows:
<br />A. ADDITIONAL PROPERTY SUBJECT TO THE SECURITY INSTRUMENT. In addition to the Property
<br />described in the Security Instrument, the followin , items are added to the Property description, and shall also constitute the
<br />Property covered by the Security Instrument: bui ding materials, appliances and goods of every nature whatsoever now or
<br />hereafter located in, on, or used, or intended to be used in connection with the Property, including, but not limited to, those for
<br />the purposes of supplying or distributing heating, cowling, electricity, gas, water, air and light, fire prevention and extinguishing
<br />appa onus, security and access control apparatus, plumbing, bath tubs, water heaters, water closets, sinks, ranges, stoves,
<br />refrigerators, dishwashers, disposals, washers, dryers, awnings, storm windows, storm doors, screens, blinds, shades, curtains
<br />and curtain rods, attached mirrors, cabinets, panelling and attached floor coverings now or hereafter attached to the Property, all
<br />of which, including 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 leasehold
<br />estate if the Security Instrument is on a leasehold) are referred to in this 1-4 Family Rider and the Security Instrument as the
<br />"Property ".
<br />B. USE OF PROPERTY: COMPLIANCE WITH LAW. Borrower shall not seek, agree to or make a change in the use
<br />of the Properly or its zoning classification, unless Lender has agreed in writing to the change. Borrower shall comply with all
<br />laws, ordinances, regulations and requirements of any governmental body applicable to the Property.
<br />C. SUBORDINATE LIENS xcept as permitted by federal law, Borrower shall not allow any lien inferior to the Security
<br />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 other hazards for
<br />which insurance is required by Uniform Covenant 5.
<br />E." BORROWER'S RIGHT TO REINSTATE" DELETED. Uniform Covenant 18 is deleted.
<br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, the first sentence in
<br />Uniform Covenant 6 concerning Borrowers occupancy of the Property is deleted. All remaining covenants and agreements set
<br />forth in Uniform Covenant 6 shall remain in effect.
<br />G. ASSIGNMENT OF LEASES Upon Lender's request, Borrower shall assign to Lender all leases of the Property and
<br />all security deposits made in connection with leases of the Properly. Upon the assignment, Lender shall have the right to
<br />modify, extend or terminate the existing leases and to execute new leases, in Lender's sole discretion. As used in this paragraph
<br />G, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.
<br />H. ASSIGNMENT OF RENTS APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. Borrower
<br />absolutely and unconditionally assigns and transfers to Lender all the rents and revenues ( "Rents ") of the Property, regardless of
<br />to whom the Rents of the Property are payable. Borrower authorizes Lender or Lendcr'x agents to collect the Rents, and agrees
<br />that each tenant of the Property shall pay the Rents to L mdcr or Lender's agents. However, Borrower shall receive the Rents
<br />until n) Lender has given Borrow n
<br />er notice of default pursuant to paragraph 21 of the Security Instrument and (it) lender has
<br />given notice to the tenam(s) that the Rents are to be Raid to Lender or Leader's agent This assignment of Beats constitutes an
<br />absolute assignment and not an assignment for additional security only.
<br />if Lender gives notice of breach to Borrower. (t) all Rents received by Borrower shall be held by Borrower as trustee for the
<br />benefit of Lender only, to be a plied to the sums secured by the Security Insu'mnent; (ii) Lender shall be entitled to collect and
<br />receive all of the Rcnls oC the ]Qmperty; (iii) Borrower agrees that each tenant of the Property shall pay all Rents due and unpaid
<br />I o Lende[ or Lender's agents upon Lender s wrinen demand to the tenant; (iv) unless applicable law provides otherwise, all
<br />Rents collected by Lender or (.ender'' agents shall be applied firs[ to the costs of taking control of and managing the Property
<br />and collcoting he Rents, including, but not limited to, to
<br />fees, receiver's fees, premiums on receiver's hands, repair and
<br />maintenance costs, insurance premiums, taxes, assessments and other charges on the Property , and then to the sums secured by
<br />the Security Instrumcnl; (v) Lende 'Lend. agents or any judicially appointed receiver shall be liable to account for only those
<br />Rents actually received; and (vi) Lender shall be entitled to have a receiver appointed to take possession of and manage the
<br />Property and collect the Rents and profits derived from the Property without any showing as to the inadequacy of the Property as
<br />security
<br />If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the Property and of
<br />collecting the Rents any funds expended by Lender for such purposes shall become indebtedness of Borrower to Lender secured
<br />by the Security Instrument pursuant to Uniform Covenant 7.
<br />Borrower represents and warrants that Borrower has not executed any prior assignment of the Rents and has not and will
<br />not perform any act that would prevent Lender from exercising its rights under this paragraph.
<br />Lender, or Lender's agents or ajudicially appointed receiver, shall not be required to enter upon, take control of m maintain
<br />the Property before or after givinb� notice of default to Borrower. However, Lender, or Lender's agents or a judicially appointed
<br />receiver, may do so at any time when a default occurs. Any application of Rents shall not cure or waive any default or invalidate
<br />any other right or remedy of Lender. This assignment of Rents of the Property shall terminate when all the sums secured by the
<br />Securityy Instrument are paid in Cull.
<br />I. CROSSDEFAULT PROVISION. Borrower's default or breach under any note or agreement in which Lender has an
<br />interest shall be a breach under the Security Instrument and Lender may invoke any of the remedies permitted by the Security
<br />Instrument.
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and provisions contained in this 1 -4 Family Rider.
<br />l(f.� . e 51"'Z (Seal)
<br />B—^ , S phen C. Shoemaker
<br />�
<br />!U9Q'YGce!!�Y/.r - [Seal]
<br />m,.=�'Lelda U. Shoemaker
<br />[Seal]
<br />MULTISTATE 1 -4 FAMILY RIDER - Fannie Mae/Freddie Mac Uniform Instrument Form 3170 9/90
<br />IIML('1 11- (.1)
<br />011r)(0002M16)
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