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<br />200512222
<br />
<br />Loan No.: 3064100407
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<br />1-4 FAMILY RIDER
<br />(Assignment of Rents)
<br />THIS 1-4 F AMIL Y RIDER is made this Twelfth day of December, 2005, and is incorporated into and
<br />shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security
<br />Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to
<br />PrimeLending, a PlainsCapital Company (the "Lender") ofthe same date and covering the Property described
<br />in the Security Instrument and located at:
<br />2314 GEORGE STREET
<br />GRAND ISLAND, NE 68803-4729
<br />[Property Address]
<br />
<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 />
<br />A. ADDITIONAL PROPERTY SUBJECT TO THE SECURITY INSTRUMENT. In addition to
<br />the Property described in Security Instrument, the following items now or hereafter attached to the Property to the
<br />extent they are fixtures are added to the Property description, and shall also constitute the Property covered by the
<br />Security Instrument: building materials, appliances and goods of every nature whatsoever now or hereafter located
<br />in, on, or used, or intended to be used in connection with the Property, including, but not limited to, those for the
<br />purposes of supplying or distributing heating, cooling, electricity, gas, water, air and light, fire prevention and
<br />extinguishing apparatus, security and access control apparatus, plumbing, bath tubs, water heaters, water closets,
<br />sinks, ranges, stoves, refrigerators, dishwashers, disposals, washers, dryers, awnings, storm windows, storm doors,
<br />screens, blinds, shades, curtains and curtain rods, attached mirrors, cabinets, paneling and attached floor coverings,
<br />all of which, including replacements and additions thereto, shall be deemed to be and remain a part ofthe Property
<br />covered by the Security Instrument. A II of the foregoing together with the Property described in the Security
<br />Instrument (or the leasehold estate if the Security Instrument is on a leasehold) are referred to in this 1-4 Family
<br />Rider and the Security Instrument as the "Property."
<br />B. USE OF PROPERTY; COMPLIANCE WITH LAW. Borrower 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
<br />applicable to the Property.
<br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not allow any lien
<br />inferior to the 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 Section 5.
<br />E. "BORROWER'S RIGHT TO REINSTATE" DELETED. Section 19 is deleted.
<br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, Section
<br />6 concerning Borrower's occupancy of the Property is deleted.
<br />G. ASSIGNMENT OF LEASES. Upon Lender's request after default, Borrower shall assign to Lender
<br />all leases of the Property and all security deposits made in connection with leases of the Property. Upon the
<br />assignment, Lender shall have the right to modity, extend or terminate the existing leases and to execute new
<br />leases, in Lender's sole discretion. As used in this paragraph G, the word "lease" shall mean "sublease" if the
<br />Security Instrument is on a leasehold.
<br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION.
<br />Borrower absolutely and unconditionally assigns and transfers to Lender all the rents and revenues ("Rents") of
<br />the Property, regardless ofto whom the Rents ofthe 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 Lender or Lender's
<br />agents. However, Borrower shall receive the Rents until (i) Lender has given Borrower notice of default pursuant
<br />to Section 22 of the Security Instrument and (ii) Lender has given notice to the tenant(s) that the Rents are to be
<br />paid to Lender or Lender's agent. This assignment of Rents constitutes an absolute assignment and not an
<br />assignment for additional security only.
<br />
<br />MlILTlSTATE 1~4 FAMILY RIDER -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Form 3170 1/01 (Page I 01"3 pages)
<br />(R&A) RA007722I ~ rd3170,mls - Rev, 08/16/2005
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