Laserfiche WebLink
<br />200803823 <br /> <br />1-4 FAMILY RIDER <br />(Assignment of Rents) <br /> <br />00019195984504008 <br />[Doc ID #] <br /> <br />THIS 1-4 F AMIL Y RIDER is made this SEVENTEENTH day of APRI L , 2008 , and <br />is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed <br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to <br /> <br />COUNTRYWIDE BANK, FSB <br /> <br />(the "Lender") of the same date and covering the Property described in the Security Instrument and located at <br />1022 N WHEELER AVE <br />GRAND ISLAND, NE 68801-4066 <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 />A. ADDITIONAL PROPERTY SUBJECT TO THE SECURITY INSTRUMENT. In <br />addition to the Property described in the Security Instrument, the following items now or hereafter attached <br />to the Property to the extent they are fixtures are added to the Property description, and shall also constitute <br />the Property covered by the Security Instrument building materials, appliances and goods of every nature <br />whatsoever now or hereafter located in, on, or used, or intended to be used in connection with the Property, <br />including, but not limited to, those for the purposes of supplying or distributing heating, cooling, electricity, <br />gas, water, air and light, fire prevention and extinguishing apparatus, security and access control apparatus, <br />plumbing, bath tubs, water heaters, water closets, sinks, ranges, stoves, refrigerators, dishwashers, disposals, <br />washers, dryers, awnings, storm windows, storm doors, screens, blinds, shades, curtains and curtain rods, <br />attached mirrors, cabinets, paneling and attached floor coverings, all of which, including replacements and <br />additions thereto, shall be deemed to be and remain a part of the Property covered by the Security <br />Instrument. All of the foregoing together with the Property described in the Security Instrument (or the <br />leasehold estate if the 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, agree to or <br />make a change in the use of the Property or its zoning classification, unless Lender has agreed in writing to <br />the change. Borrower shall comply with all laws, ordinances, regulations and requirements of any <br />governmental body applicable to the Property. <br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not allow any <br />lien inferior to the Security Instrument to be perfected against the Property without Lender's prior written <br />permission. <br />D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in addition <br />to the 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, <br />Section 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 <br />Lender all leases of the Property and all security deposits made in connection with leases of the Property. <br />Upon the assignment, Lender shall have the right to modify, extend or terminate the existing leases and to <br />execute new leases, in Lender's sole discretion. As used in this paragraph G, the word "lease" shall mean <br />"sublease" if the Security Instrument is on a leasehold. <br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN <br />POSSESSION. Borrower absolutely and unconditionally assigns and transfers to Lender all the rents and <br />revenues (" Rents ") of the Property, regardless of to whom the Rents of the Property are payable. Borrower <br /> <br />MULTISTATE 1-4 FAMILY RIDER--Famne Mae/Freddie Mac UNIFORM INSTRUMENT <br /> <br />1-4 Family Rider <br />2057R-XX (09/07)(d/i) <br /> <br />Page 1 of 3 <br /> <br />Form 3170 1/01 <br /> <br /> <br /> <br />.23991. <br /> <br />. 191 959 8 4 500 0 0 0 2 0 5 7 R . <br />