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<br /> ., ti„u�nry?`#::tc'"�'!Hk; � l•� _—.
<br /> . •,':`- • l►98Id �NT OF RENTB_ RIDER 92.� 1(�Ql
<br /> ����»�.;.�„.q _
<br /> � � Ttlig ]1gBi(iNMBNT OF RENTB RID�R io mede and qx�cutad this
<br /> "�--=� j �?t�i dey af . Ju1v , 19 and is incorporated into and ehall
<br /> ---y--;o
<br /> , � + ' . - � �deemod to aa�nd a�Icn -supp emont the Mortgage or Deed af Truet,
<br /> ` '" hereinafter raferred to ae thE "Security Inetrument", of th� eame �:`w-
<br /> - ; . �,_ .. -
<br /> �'^,`' `�` � ��' date given by the undoraigned, hQreinafter referred to es the
<br /> . ��r`.``: ..�' .~V ��Borrower", tc socuro Borrower•s indebtednees, hereinafter � �___
<br /> � ,�w. _ .
<br /> � � � •� referred to as the "Note", to HOME FEDERAL SAVINOS AND LOAN
<br /> �^"'�`�� � � �° ASSOCiATiON OF (3RAN0 ISLAND, hereinafter reterred to as the =_,.
<br /> —' - NLender", of the same date and covering the property described in �=_'='
<br /> �`N �� thQ Secarity Ia�trumsnt end located 4t:
<br /> .a` '-
<br /> — ���'� � 3C11 Cross, Doniphan, Nebraska 88832 _
<br /> ,� � � ��� �Property 1l dreos) -
<br />—�� ,.. •;, WITNB88BTH: —
<br /> ---- (.
<br /> -= -
<br /> _�•� �.� - �"��
<br /> — ,.;. ., Wp�REI►S, 8orrowor and Lendai have agrsed that any rents and �--- -_
<br /> y� ''' profits attributeble to the property ehould conetitute additiona�l
<br /> _��i�.:�� �� •.��^'� seaurity to the Lender for the payment of the Note; -- - -
<br /> ■�
<br /> �'_ . _� NOW, THEREFORE, it is agreed that the Security instrumant
<br />-=��_' ° • � shall be amonded hereby and deemed to include the following pro- �•---
<br /> ;°y;�: .. �: vfeionas _`
<br /> ���' �r 1. �ianment of Rente and Lender Re��a� rnt�A�±;r,� Ri_c�ts.
<br /> �"= � � Borrower heraby ebeolutely and unconditionally aseigne all rente,
<br /> ���'�' :�i iseue� and profite of the property to Heneficiary. Lender ehall
<br /> "� have the right, power and authority during the continuance of the =�_--��.
<br /> ;'� � Security Instrument to aollect the rents, issues and profite of � � °F �
<br /> �'�.�.. .�
<br /> �_ - � the propertp ancl of any personal pr��ei�y Ioca�ed theraan with or =
<br /> _ . ;,:•:� ° ,"� without taking posseseion of the property affected her�by.
<br /> � �'"�'�'' Lender however, hereb consente to Horrower�s collection and 4t�:.:.-
<br /> �:: ,�-,: . Y --
<br /> - � `.�."' retention of such rents iseues and rofite as the accrue and �'`""''` -
<br /> �� . P Y �s.::e__�
<br /> � become payable, so long as Borrower is not, at such time, in � --_
<br /> - �"` � �� default with respect to payment of any indebtedness secured ---
<br /> = hereby, or in the performance df any agreement hereunder. -------
<br /> + 7�r�i+a 1�r �
<br /> ^ � � 2. 8�.,��,�tma,n� of Receiver. If an� event of default in �v---"°'�_-*��
<br /> � � � respect to the 3ecurity Instrument shall have occurred a�nd be ___
<br />=;p� ti, continuing, Lender, ae a matter of riqht and without notice to � �
<br />:�.x : ..; ,... Bnrrower or anyvne claiminq under Borrower, and without regard to � � �
<br /> `°���n- °� the value uf the trust estate or the interest of the Borrower f ' ~'�
<br /> -�� '" therein, sha31 heve the riqht to apply to any court having juris- �---•-- -� - `
<br /> '� �� diction to appoint a receiver of the property. �'``��
<br /> =":,.-_
<br /> �:.
<br /> � , 3. R;qht to Possession. in case of default ia the payment `�a
<br /> . �.,b::-::..
<br /> �� �� of the eaid principal Note or interest, or any part thereof, ae � '"'�-=- j�
<br /> - it shall mature, or in the case of failure to keep or perform eny ' �-_.::�
<br /> � ;..�;r � of the covenants or agreements contained in the Security Instru- �� :: � �
<br /> ment, then the Lender, its successors or assigns, shall be and is
<br /> � hereby autharized and empowered to take immediate possession of � •��; :,.�.
<br /> ' the seid premises therein described and to collect the rents �
<br /> � � ' therefrom, and to apply the proceeds thereof to the payment of � ,
<br /> the Note. �
<br /> 4. 8���ica ;oa of Rents. Iesu�s and Profits. All rents
<br /> collected by Lender or the receiver shall be applied first to
<br /> _ payment of the costs of management of the property and collection
<br /> of rents, including, but not limited to, receiver's fees, premi-
<br /> � ums on receiver's bonds and reasonable attorney's fees, and then �
<br /> ' to the swns secured by the 5ecurity instrument. Lender and the
<br /> • receiver shall be lfable to account only for those rents actually
<br /> —_ __�_._ rarolvAd_
<br /> 5. �onstrLCtion of Provisions. Each of the provisions con-
<br /> " tained in this Assiqnment of Etents Rider and the security inetru-
<br /> ' ment shall, unless otherwise c�pecifically required, be construed
<br /> ' in eccordance with Nebraska le►w, end in the event any. provision
<br /> Iherein or therein contained shell be determined by a court of
<br /> � competent jurisdiction to be unenforceable, the same shall be
<br /> . � construed as though such unenforc�able provisian were not a part
<br /> bereof or tbereof.
<br /> , .
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