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<br />1-4 FAMILY RIDER
<br />(Assignment of Rents) MIN: 100328800021780784
<br />TNIS 1-4 FAMILY RIDER is made this 20th day of October , Z010 , and is
<br />incorporated into a�id shall be deemed to amend a��d supplement the Mortgage, Deed ofTrust, or Security Dced (the
<br />"Security Instrument") of the same date given by tl�e undersigued (the "Borrawer") ta secure Bprrower's Note to
<br />Lincoln Federal Savings �ank
<br />(the "Lender") of the same date and covering the Property described in the Security Instrument and located at:
<br />2716 West Ist Street Grand Island, NE 68803
<br />[Property Address]
<br />1-4 FAMILY COVENANTS. ln addition to the covenants and agreements made in the Security
<br />Instrument, Borrower and Lender fi�rther covenant and agree as Follows:
<br />A. ADDITIONAL PRUPERTY SUBJECT TO THE SECURITY 1NSTRUMENT. Tn
<br />addition to the Property described in Security Instrt�ment, the following items now or hereafter attached to
<br />the Property to the extent they are fixtures are added to the Properiy description, and shall also constitute the
<br />Property covered by the Security Instrument: buildin� materials, appliances and goods of every nature
<br />whatsoever now or hereafter located in, on, or used, or intended to be used in cannection with the Properiy,
<br />including, but i�ot limited to, thase for the purposes af supplying or distributing heating, coolu�g, electriciry,
<br />gas, water, air and light, fire prevention and extinguishing apparatus, security and access control apparatus,
<br />plumbing, bath tubs, water heaters, water cldsets, sinks, raiiges, stoves, refrigerators, dishwashers,
<br />disposals, wasl�ers, dryers, awnings, storm windows, stonn doors, screens, blinds, shades, curtains and
<br />curtain rods, attached mirrors, cabinets, paneling and attached floor coverings, all of which, including
<br />replacements and additions thereto, shall be deemed to be and remain a paR ofthe Properry covered by the
<br />Security lnstrument. Ap ofthe fore�oing mgether wittt tlte Pi'�perty described in the Security lnst�vment (or
<br />the leasehvld estate ifthe Security Instrument is on a leasehold) are referred ta in this 1-4 Family Rider and
<br />the Security Instrument as the "Property."
<br />S. USE OF PROPERTY; COMPLIANC� WITH LAW. Borrower shall not seek, agree to
<br />or make a change in the use ofthe Property or its zoning classification, unless Lender has agreed in writing
<br />ta the change. Borrower shall comply with all laws, ordinances, regulations and requiraments of any
<br />goverumental body applicable ta the Property.
<br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrawer 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. ItENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in
<br />addition to the other hazards for which insurance is required by Sectio» 5.
<br />E. "BORROWER'S RIGHT TO REiNSTATE" D�LETED. Section 19 is deleted.
<br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower od�erwise agree in writing,
<br />Section 6 concerning Borrower's occupancy ofth,e Property is deleted.
<br />G. ASSIGNMENT OF LEASES. Upou Lender's request after default, Borrower shall assign
<br />to Lender all leases ofthe Property and all security deposits made in conneetion with leases ofthe Property.
<br />Upon the assignment, l.ender shall have the right to mpdify, 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" ifthe Security lnstrument is on a leasehold.
<br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER 1N
<br />POSSESSION. Sorrower absolutely and unconditionally assigns and transfers to L,ender all the rents and
<br />revenues ("Rents") ofthe Property, regardless ofto whom the Rents ofthe Property are payable. Barrower
<br />authorizes l,ender or L.ender's agents to collect the Rents, and agrecs that each tenant of the Property shall
<br />pay the Rents ta L.ender or Lender's agents. However, Borrower shall receive the Rents until (i) Lender lias
<br />given Borrower notice of default pursuant to Section 22 of the Security Instrument and (ii) Lender has �iven
<br />notice to the tenant(s) that the Rents are tti be paid to Lender or Lender's agent. This assignment of Rents
<br />ennstitutes an absolute assignment and uot an assignment for additional security only.
<br />MULTISTATE 1-4 FAMILY RIDER--Fannie Mae/Freddie Mac UNIFORM 1NSTRUMENT
<br />9842.CV (8/09) Q3-1127 Form 3170 l/Ol
<br />(pcege 1 of 2 pages)
<br />Creative Thinking, lnc.
<br />GOTO(00231 c54)
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