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<br />200703028
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<br />1-4 FAMILY RIDER
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<br />(Assignment of Rents)
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<br />THIS 1-4 FAMILY RIDER is made this 12th day of April, 2007, and is incorporated into and shall be deemed to amend and
<br />supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date given by the undersigned (the
<br />"Borrower") to secure Borrower's Note to Five Points Bank (the "Lender") of the same date and covering the Property described in the
<br />Security Instrument and located at:
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<br />516 S CLEBURN ST, GRAND ISLAND, NE 68801
<br />[Property Address]
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<br />1-4 FAMILY COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender
<br />further covenant and agree as follows:
<br />A. ADDITIONAL PROPERTY SUBJECT TO THE SECURITY INSTRUMENT. In addition to the Property described in
<br />Security Instrument. the following items now or hereafter attached to the Property to the extent they are fixtures are added to
<br />the Property description, and shall also constitute the Property covered by the Security Instrument: building materials, appliances
<br />and goods of every nature whatsoever now or hereafter located in, on, or used, or intended to be used in connection with the
<br />Property, including, but not limited to, those for the purposes of supplying or distributing heating, cooling, electricity, gas, water,
<br />air and light, fire prevention and extinguishing apparatus, security and access control apparatus, plumbing, bath tubs, water
<br />heaters, water closets, sinks, ranges, stoves, refrigerators, dishwashers, disposals, washers, dryers, awnings, storm windows,
<br />storm doors, 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 of the Property covered by
<br />the 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 of
<br />the Property or its zoning classification, unless 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 Property.
<br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not allow any lien inferior to the
<br />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 other hazards for
<br />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 6 concerning
<br />Borrower's occupancy of the Property is deleted.
<br />G. ASSIGNMENT OF LEASES. Upon Lender's request after default. Borrower shall assign to Lender all leases of the
<br />Property and all security deposits made in connection with leases of the Property. Upon the assignment. Lender shall have the
<br />right to modify, extend or terminate the existing leases and to execute new leases, in Lender's sole discretion. As used in this
<br />paragraph 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 absolutely and
<br />unconditionally assigns and transfers to Lender all the rents and revenues ("Rents") of the Property, regardless of to whom the
<br />Rents of the Property are payable. Borrower authorizes Lender or Lender's agents to collect the Rents, and agrees that each
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<br />MUL TIST ATE 1-4 FAMILY RIDER-f........ MaeJFl'8IIdi8 Mac UNIFORM INSTRUMENT
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<br />Page 1 of 2
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<br />Form 3HO 1101
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