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<br /> � �.M:N<<•.., • �aaresx���rr eg RENTB �DER 92 1�1�7
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<br /> �'R � � TElIS 1188IGNM�NT OF RENTS RIDER io �aado and axaautod thie ��-_.
<br /> - t- � 6th day o! Jul , 19 92, and io inaorporat�d iato and �hall �=='�"�`�-�
<br /> �r� ' �e doo�aed to emen and oupp�emeat the Mortqaqe or Dead o� Truet,
<br /> ,�'���t� hereinntter roferrod to es tho �Securitiy instrua�ont", of the aauap —
<br /> � date qiven by the undereigned, horeinafter roforr�d to ne tho �_, _
<br /> . ..l
<br /> �`. er ° � ^ ��j «eorrowarM, to socure Borrower�e iadeb�edaose, horainafter
<br /> ,; „ , roforrod to as tihe "NoteN, to HOME FEDER7IL 811VINa8 71�iD LOAN
<br /> -_ • 1188oCIATION oF aR]1ND ISLAND, heroinafter roParred to a�s the
<br /> ____'� � , �__ nLendarM, o! tho oame date and aoverinq tho propertiy do�aribod in
<br /> _— � ,�;,,N' tho 8ocurity ina�rwnent and locatod ats
<br /> __�
<br /> '— � " � 1101 N Hancock Grand Island NE 68803 �
<br /> -;�� �: . , (Property roaa)
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<br /> � • .. „��-•� '� WHERE718, Horrower and Lender ha�ve aqreod that any raate and -- --
<br /> .. „� .� . --._.__
<br /> - � � =� � - � profits attributable to the proparty ahould canstituto additional
<br /> pW/ _.._"
<br />="'-�� � ��� security to the Londer gor the paymeat of the Note; -
<br /> :-=:;.:. '� •, .
<br />- NOW, TN�REFORE, it is agreed that the Socur�ty Instrwaont ��
<br /> ,-;��. „ � „ shell be amaadad horeby end deotood to inaludo tho �ollowing pso- -
<br /> -� '� �" visiona s ——_
<br /> . , ry ,.a;� �._ �-
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<br /> �. , ��,;��;�:, � '� 1. aea��*+ment of Rente �d iendar Rental Collection Riahts. _
<br /> � � � eorrowor h�r�by e�boc+lutely aad unaonditionally aeaiqne all rents, -a-���
<br /> • � ieeuaa and protits ot the proporty to Beaaliaiasy. Lendor shall
<br />'•i. � ' havo the right, powor and authority durinq the aontinunnae of tha
<br />`��_.__�_ ,—_�-___�-.._ _ 8oauritv Inetrwaoat to aollect tbe rents, ioQUas and profits of
<br /> � •.� the property and of any personal property located thereon with or _
<br /> without takinq poesession of the property a�fected hereby.
<br /> ' �; , Lender, however, horeby consents to Borrower's collection and �,.;y�;T=
<br /> retontion of euch rente, iesuee and profite as they accrue end
<br /> -:;�; ' become papable, so long ae Borrower ie not, at such ti.me, in _ ___�
<br /> �-�� default with respect to payment of asy indebtiednese secured _- ____
<br /> � hereby, or in the performance of any agreameat hereunder. _-_
<br /> , �����_
<br /> - 2. 8nnointmant of Receiver. If nay event of default in ��a�.- =-
<br /> � •• � • reepect to tho Socurity Instrumont ehall hava oacurrod and bo �r-��,T=
<br /> �� ��, � continuiag, Lender, as n matter of right and without aotice to _
<br /> - . � eorrower or an ono cla3min under Borrower, and without regard to �.._�., ��~
<br /> . Y 9 �:a:��
<br /> � the valuQ of the trust estate or the interest of the Borrower �� .,�__
<br /> �:' ;" � therein, ehall hnva the right to apply to eny court having jurie- .. .•.��°:- �
<br /> � y� diatiion to appoint a receiver of the property. ��ir��::.-�'_J�
<br />. � 3. Riarht to Possession. in cese of def4ult in the peyment .N�_�--_,_,'��
<br /> ' of the eaid prinaipal Ncte or interest, or aay pert thereof, ne f����-��4�:N
<br /> � - - . ' • it ehdll mature, or in the case of feilure to keep or perform any ��
<br /> � . , of tha covenante or a�qreements contiainQd in the Security Instru- ;_°
<br /> •� ,� ment, then the Lender, its successore or eseigns, ehell be and is
<br /> , hereby authorized end empowered to take immedinte poseession of `���°;�•��,
<br /> • the said premises therein described and to collect the rents
<br /> therefrom, and to apply tho proceede thereof to tha payment of
<br /> the Nota. �;,
<br /> � �. ��
<br /> 4. aod�ication of Re ta, iseues and Profits. 1111 rente �
<br /> - collected by Lender or the receiver ehall be applied first to
<br /> , ' payment of the coets of inenaqement of tho property and collection �
<br /> ;� � of rents, includinq, but not limited to, receiver's feee, premi-
<br /> wns on receiver's bonds and reaeoneble attorney'B faes, end then
<br /> , to the eums eecured by the Seaurity Instrument. Loader and the
<br /> �� receiver st:all be lfable to account only for those rents actually
<br /> roceivad.
<br /> 5. ��nst Lct±on of Provieiona. Each of tha provieione con-
<br /> tained in this Aseignment of Rents [tider and the Security instru-
<br /> ment shall, unleae otherwiee specifically roquired, bo cons�ruod
<br /> � in accordance with Nebraska law, and in the event nny provieinn
<br /> herein or therein contained ehall be determiaed by a courti of
<br /> competettt juriediction to be unenforceable, the seme shall be
<br /> construed es though such unenforceeble provieion were not a part
<br /> hereof or thereof.
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