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<br /> ' ..y,�_;t,,,�,,,. ' � 888IaN �'NT OF RENTS RIDER
<br /> ,. 'sr.t.�fv.�,; ...
<br /> ����� THIS ASBI(3NMENT OF RENTB RIDFR ia made and exacutied thie
<br /> _ __•{� : f a:.��� ' 24THdr�y of J��-Y , 19 92, end ia inaorporated� in�o and ohall �__ _
<br /> --- -. r__ ._�-�: .-..._�,,
<br /> ��eemed to amen ati eupp�ment tha Mortgage or Deed of Truat,
<br /> -_ "��`�;�;.. .�;�,��'�� hereinefter referred to ae the "Seauritiy Inetrumentn, of the same
<br /> '�'� �,► . .�.-�. date given by the undorei.gnsd, hereinafter referred to ae the L
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<br /> _ _ _
<br /> - -�� � � ,�.vr.� ��Bor�ower��, to seaure Horrower's indebtednese, here nafter
<br /> �' �' � referred to ae the "Note", to HOME FEDERAL SAVIN(38 AND LOAN
<br /> T� ,; •. � ' =_-
<br /> �`���' "�"'�`�'�' � � � A830CIATION OF aRAND ISLAND, hereinafter referred to ae the _
<br /> � � '�'`�'� "Lender", of the same date and covering the property desaribed in �"�'�LL��
<br /> .. �..: �� ,�;
<br /> - - .•� �� the Security Inatrument and loaated at:
<br /> -- � :, �. ._.
<br /> �=�.a�„�,;u" : - 2Q14 PIONEER BLUD, GRAND ISLAND� NE 68801 --_---
<br /> - ._� ,�#,,: ,
<br /> , (Property A raee)
<br /> ���; ^ • �
<br />_�_g�� ' ' � WITNL'r�B�THs
<br /> *,.... �' ,:#,. , 4 :. �
<br /> - . „•. WHBR;�Ae, Borrower end Lender heve aqreod thet any reats and
<br /> � �- � .- °- profits attributable to the property ehould canetitute additional �_,��`
<br />;;�_ � � security t4 the Lender for the payment of the Note; ��
<br /> ��: ..
<br /> „ �� ; ,.�'�� NOW, THEREFORE, it i,a agreed that the Seaurity Inetrwnent �•�-==
<br /> � eha�ll be amended'hereby and deemed to include the following pro- �='�`-�
<br /> � .ti.�
<br /> . , :,:y. viaions s �`'�:-'
<br /> �LILLT_'-��-
<br /> ° aQA�at�ent of Rente an Lender Rental Collection_Riahte. �'"�''`
<br />� r :. . 1.
<br />-. „ .. Borrower hereby ebeolutely and unaonditionally aseigne �11 renta, ��,,;,�,,,`_"w
<br /> _ ,. � � _ iesues and rrofite of the property �o BeneEiciary. Lender shall ' �
<br /> � �� have the right, power and authority during the continuance of the �°-=�"�_
<br /> !::.., l
<br /> '-� . � � '.� Security insi�rtui�e�►t �a calleat ths rsnt�, i�sttss and grofite o� • -
<br /> . the property and of any pereonal property located thereon with or � ��•
<br /> "'� wi�hout taking posseseion of the property affeated hereby. `�`""""°`
<br /> ��r �..
<br /> '"�- Lender, however, hereby consent�a to Borrower's collection and --
<br /> � . '• � . retention of euch rents, 3asues ahd profite se they accrue and �E�:32'�',;�_-
<br /> become payable, so long ae 8ortowefr ie not, at such time, in �-_�:�:_
<br /> � .. :�-
<br /> �' default with respect to payment of any indebtednese secured '''� " '`'_
<br /> p � hereby, or in the performance of eny agreement hereunder. ----�.---- �t�°
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<br /> ���.�;,�-.
<br /> . �_ �. �,.�.::.:�
<br /> ��. . .� 2. ,�oo�ntment o,� Receiver. If any event of default in f::-�.0
<br /> � � � raepect to the Seeurity Inetrument ehall have oacurrad and bA �+�.�`�=`
<br /> ' '=�'«� . �� cantinuing, Lender, ae a matter of right and without notice to �i�--
<br /> _��" • A Borrower or an one claimin under eorrower, and without regard to �=�=�'� _-
<br /> Y 9 -.--f,r�...�. . _
<br /> • " the value of the trust estate or the interest of �he Borrower :�• � _;._
<br /> �� therein, shall have the riqht to apply to any court having juris- `:�f4, _;
<br /> � " " diction to appoint a rece3ver of the property. � �y�;
<br /> � � N . 3. g�ght to PossessiQn. In caee of default in the payment � �'".
<br /> � .. . � of the eaid prinaipal Note or interest, or any part thereof, es �'�=�'
<br />� �•• it ahall mature, or in the case of failure to keep or perform any ,..
<br /> �� � ' � nf the covenants or agreements contained 3n the 3ecurity inetru- �
<br /> asei ns ehall be and is �
<br /> . ment, then the Lender, its euccessors or q ,
<br /> hereby authorized and empowered to take immediate posseseion of
<br /> . `"" � ttie said pr.emises therein described and to collect the rents
<br /> � .
<br /> - � � therefrom, and to apply the proceeds thereot to the pAyment of
<br /> . the Note. �
<br /> ' 4. Ao;� �aat�on of Rents. Iseues and Profite. Al1 rente ' �
<br /> . collected by Lender or the receiver ehall be applied firet to
<br />� payment of� the coste of management of the property and collection
<br /> E of rente, including, but no� limited to, recefver's fees, premi-
<br /> . ums on receiver's bonds and reasonable attorney's fees, snd then
<br /> to the sums secured by the Security Inatrumexit. Lender and the
<br /> L ' - -- �. -- - --- s i. > > i.., ��Di.te �� �`n���.,n* :n1v fnr rhnao ranta ar*��A1 lv _
<br /> _. _ . .__ ...-__. LVVVitaL O�lNii Yii YYiv �J -� •
<br /> � received. '
<br /> - 5. Construation of provieione. Ls►ch of tho provisionB con-
<br /> ` . tained in thie Aseignment of Rents Rider and the Security Ingtru-
<br /> � ment shall, unless otherwise r�pecifically required, be construed
<br /> in accordance with Nebraska law, and in the event eny provision
<br /> herein or therein contained shall be determined by a court of
<br /> � competettt juriediction to be unenforceable, the eame ehall be
<br /> � construed ae though euch' unenforceable provieion were not a part
<br /> ' hereof or thereof.
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