200214010
<br />1 -4 FAMILY RIDER
<br />(Assignment of Rents)
<br />I IIS 1 -4 1'AMII Y Pull R c, n rd, this 12th des of December 2002 - and is incorporated into and
<br />shall be dreni d to amend and suppleutent the Mortgage, Dccd of Trust or Security Deed (the "Security hnstrument') of the
<br />same date given by the undersigned (tire 'Torrower") to secure Borrower's Note to United Nehreueka Ralik
<br />(the "Lender ") ofthe same date and covering the Proper- describedin the Security Instrument and locaed in
<br />416 -41812 AN 711t Grano Island NE 68801
<br />1 -4 FAMILY CO% ENAN'IS. IT addition to the covenants and agreements made in the Security Instrument. Borrower
<br />and Lcndcr further covenant and agree as follows:
<br />A. ADDITIONAL PROPERTY SUBJECT 1110 THE SECURITY INSTRUMENT. ht addition m the Property
<br />described in (he Security Instrument. the following items are added to the Property description, and shall also constitute rill
<br />Property covered by the Security Instrument. building materials, appliances and goods of every nature whatsoever now or
<br />hereatter located in, on. or used, or intended to be used in connection with the Property, including, but not limited to, those Ibr
<br />the purposes of supplvurg or distributing hcatmc cooling, decor its, gas, wreter, air and light hre�tevenfion and exnngursbmg
<br />apparatus, security and access control apparatus plumbing, bath tubs, wales heater, water cosecs, sinks, ranges, stoves,
<br />reli'igerators, dishwashers. disposals washer, dicers, avmtngs. storm window,,, storm doors', screens, blinds, shades, curtains
<br />and curtain rode, uttachsit mirrors, cabarets, parToIIiug and atheired Moor coverings now or ha'caRa attached to the Property, all
<br />of which, including rep lncements and additions Thereto. shall be deemed to be and remain a pact of (lie Property covered by the
<br />St vrtp Insrumcnt. All of Lhc dicil together with the Property described in the secrriw InArumcut (or the I .... hol(I
<br />estate if the Security Instrument is on a lsid,CIIOle) arc .vier red to in this 1 -4 Family Rider and Lhc Security hasnamenl ns the
<br />"Property".
<br />B. CSR; OF PROPERTY; COMPi.lANCv WITH LAR'. Bomiwcr stall not seek_ agree feet make a change in the as'
<br />of the Property or its zoning classification, unless Lender has agreed in writing to the change. Burrower shall roughly with ill
<br />laws, ordinand,, l,rulmions and requirements of any governmental body applicable to the Properly.
<br />C. SUBORDINATE LIENS. Ilxcept as per nticel k federal Iraq BouOwer shall not allow any hen mlcrnr to the Yaarny
<br />In so ureem to he perfected anatnar the Property e ilhnel I ender's prior written permission_
<br />D. RENT LOSS INSI. RANG E. Burrower skull uailinia insurance against rent Ins, in addition to the other' hazards for
<br />which insurance is required by Unitbnn Covenant J.
<br />E. "BORRCANER'5 RIG11'1 TO REIN'S 1'A'I'E" DELETED. Uniform C'ovenam IS is deleted.
<br />F. BORROWER'S OC(UPANCV. Lriless Louder and tannic. Othcravisc agr,c in writing9 the first sentence in
<br />Uniform C'iecnant6con...Ting Fort"", ocatpancyofthe Propertyis deleted- All remaining covenants and agreementsset
<br />fords in Cuilirrtn Clrvenum o ,lull remain in c11,C(
<br />G. ASSIGNMENT' OF LEASES. Upon L.ndcr's mquost, Borrower shull assign to Lender all leases of (lie Property and
<br />all security deposits mad, in cur,mor with loss's of the property . Upon the assignment. Lender shall have the Tight to
<br />inedify. extend or terminate the existing leases and to execute new leases, in Lender's sole discretion_ As used in flits paragraph
<br />G, the word "lease" shall mean "subleas, 9 0the S..unty Lnsmument is on a leasehold.
<br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RFCEIVLRd LENDER IN POSSESSION. Bono",
<br />absolutely and uncondi[ionally assigns and transfers to Lcndcr all the rents and revenues ( "Rents ') ofthe Pmpetty, regardless of
<br />to whom the Rent., of the Prnpa4v arc pavahle. ROrrnwcr authorizes Tender or znde� s' agents to collect the Rents, anJ uerees
<br />that each levant of (lie property shall pry the Rests to Leader Or Lcudcr's agents. However, Rnrowcr shall receive the Rents
<br />until (1) lender has given Borrower notice of detnult pursuant to paragraph 21 of the Security Instrument and (it) Lender has
<br />given noul, to Ihe tenant[') that the Rem, all In he paid to Lcndcr nr Lender's agent, This assignment of Rents constitutes an
<br />absolute assignment and not all ae,ignmcnt for additional security only.
<br />If] nde, gives notice of Neach to Ilorrowe, (I) all heels received by Borrower shall be held by Bor-oweras trustcc for the
<br />bas.Ilt of Louder only, to be applied to ten stuns secured by the Security fnslrrmenr; (ii) Lcndcr shall be entitled TO collect and
<br />receive all of the fens Ofti e Properly; (iii) Bo lcwci agrees that each tenant of the Property shall pay all Rents due and unpaid
<br />to I rude, nr 1cndci', aocrut, upon I "Id'e's svriram demand to the tenant (rv) rots. applicable law provides otherwise, all
<br />Rents collected by Lender or Lender's agents shall be applied first to the costs of taking control of and managing the Prnperry
<br />sell collecting the Rents including, her not hailed in litmus) s fees, ..cervcr's tees premiums on receiveh bonds span and
<br />maintenance costs, insurance premiunhs, taxes, a,sessmern, and other claiges ore [lie Property, and then to the sum, warred b%
<br />the Security Insn'ument, (v) Lender Lunci a;,ents o any judicially appointed receiver shall be liable to accuurl for out} tbox
<br />Rents actually ...dyed; and Iva) I ender'hall �I" autticd to lase a receiver appointed to take possession of manage the
<br />Property and collect the Rents and profits dciivcd from the Praperty withoutany showing as to the iradegrT of the Pmpery as
<br />security_
<br />If the Rents of the Property are not sutfrcient to cover the costs of Inking control of and managing the Property and of
<br />collecting the Rents any lines expended by Lender 1'01 such purposes shall become indebtedness of Borrueer to Lcndcr socared
<br />by the Sr,urtry Insn'nmcnt pursuant m I Initorte ( ocenant -
<br />Bouowet iept gigots and o"inits that BOT,c,,et, has sot cxcaut,d air, picot dseigunant of the Rents and has not and gill
<br />not perform any act that would prevent Lender been exercising its rights under this paragraph.
<br />Lenif Or Lender's agents or ajadiciully appointed receiver, shall nol be required to entef upon. take control ofor nhandam
<br />the Propcit) before of abet giving notice of delvult to Borrower Bowcves, Lender, Or Lender's agents or a judicially appointed
<br />receiver may do so at any time when a dcfaulloo,u s_ Anvapplicafinn of plats shall not cure or waive any defaull or invalidate
<br />any other right or remedy of Lender. This assignment of RcaV, Of the Properly shall Icrminat, when all the our, Occulted by The
<br />Secamy Instillment are paid in full
<br />L CROSS- DEFAULT PROVISION. Borowei s default err breach sneer any note or agreement in which Lender has an
<br />interest shall be a breach under the Securm Insurance( and Lender may invoke any of the rentedius peraitted by the Security
<br />Instruniart,
<br />BY SIGNING BELOW, Borrower accepts and agrees to the Terri and p evasions con taine1 ,nn tt�hiss 1 -4 Family Rider.
<br />(..vim'-- -- [,call
<br />lrz.�, GG dTnnn�e
<br />!/I( C�/ l & [Seal
<br />Is--, Lori L Coble
<br />MULTISTATE 1-4 FAMILY RIDER - Eannie Nice Frcddic Mac Unifum lust rumcnt loan i 170 9x40
<br />uo,( I Pill, !4'911
<br />
|