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200310354
<br />LOAN #: 03- 406152
<br />MIN #3 100080100034061522
<br />1 -4 FAMILY RIDER
<br />(Assignment of Rents)
<br />SI.ff
<br />THIS 1 -4 FAMILY RIDER is made this AD day of JULY, 2003
<br />and is incorporated into and shall be deemed to amend and supplement the Mortgage,
<br />Deed of Trust, or Security Deed (the "Security Instrument ") of the same date given by
<br />the undersigned (the "Borrower ") to secure Borrower's Note to NOVASTAR HOME
<br />MORTGAGE, INC., A CORPORATION
<br />(the "Lender ")
<br />of the same date and covering the Property described in the Security Instrument and
<br />located at: 1903 WEST STATE STREET, GRAND ISLAND, NE 68803.
<br />1 -4 FAMILY COVENANTS. In addition to the covenants and agreements made
<br />in the Security Instrument, Borrower and Lender further covenant and agree as
<br />follows:
<br />A. ADDITIONAL PROPERTY SUBJECT TO THE SECURITY INSTRUMENT. In
<br />addition to the Property described in Security Instrument, the following items now or
<br />hereafter attached to the Property to the extent they are fixtures are added to the
<br />Property description, and shall also constitute the Property covered by the Security
<br />Instrument: building materials, appliances and goods of every nature whatsoever now
<br />or hereafter located in, on, or used, or intended to be used in connection with the
<br />Property, including, but not limited to, thoseforthe purposes of supplying ordistributing
<br />heating, cooling, electricity, gas, water, air and light, fire prevention and extinguishing
<br />apparatus, security and access control apparatus, plumbing, bath tubs, water heaters,
<br />water closets, sinks, ranges, stoves, refrigerators, dishwashers, disposals, washers,
<br />dryers, awnings, storm windows, storm doors, screens, blinds, shades, curtains and
<br />curtain rods, attached mirrors, cabinets, paneling and attached floor coverings, all of
<br />which, including replacements and additions thereto, shall be deemed to be and remain
<br />a part of the Property covered by the Security Instrument. All of the foregoing together
<br />with the Property described in the Security Instrument (or the leasehold estate if the
<br />Security Instrument is on a leasehold) are referred to in this 1 -4 Family Rider and the
<br />Security Instrument as the "Property."
<br />B. USE OF PROPERTY; COMPLIANCE WITH LAW. Borrower shall not seek,
<br />agree to or make a change in the use of the Property or its zoning classification, unless
<br />Lender has agreed in writing to the change. Borrower shall comply with all laws,
<br />ordinances, regulations and requirements of any governmental body applicable to the
<br />Property.
<br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not
<br />allow any lien inferior to the Security Instrument to be perfected against the Property
<br />without Lender's prior written permission.
<br />D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent
<br />loss in addition to the other hazards for which insurance is required by
<br />5. ction
<br />Initials:
<br />MULTISTATE 1-4 FAMILY RIDER - Fannie Mae/Freddle Mae UNIFORM INSTRUMENT Form 31701/01
<br />® 1888 -2002 Online Documents, Inc. Page f of 3 F317ORDU 0205
<br />07 -01 -2003 11112
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