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<br /> . .��,x' sa�inntMrr.NT OF R6NT8 RIDER ,��-� 10�61
<br /> v��. .
<br /> - �-._ :+� • THi� A88Il3NMEl�� OF ItENTB RIDLR ie made aad axncuted thie � _- -
<br /> � ,� • z ,, .,•� ,%� 24T�ep og , 19 , and ie incorporated into and ehall
<br /> �?;.; � ��+�'+�'t'. , b d � Pp� 9 9 � '
<br /> �t�•.. e eemed to amen ancreu emen� the Mort a e or Deed of Truat
<br /> n�,r, ,, ,;` r; .,, hereinaf�er referred to �s the "3ecurity Instrument�, of the seme _____- __
<br /> `°� �•,,,,:•: date give�i by the undereigned, hereinafter referred to ae the
<br /> � � �� ��Borrower��, to secsure Borrower's indebtednese, hereinafter
<br /> --- � ^ � referred to ae the ��Note��, �o HOME FLDERAL SAVINaB AND LOAN
<br /> :.��:.
<br /> ��:�� � ASSOCIATION OF (iRAND ISLA�iD, hereinafter referred t4 as the --
<br /> -Y�� � ��Lendern, of the same date and aovera�g the property deecribed in
<br /> ih•�.�•
<br />-=`��.. .,,...:;;y� the 8eaurity inetrumeat and located s
<br /> __ '. J6 • '}- __.
<br /> �-; I` r�: ` 2126 W. 6TH SUITE N3 GRAND ISLAND NEBRASKA 68803
<br /> �;-�+ �•+:'�«��-^- -�; (Property A resa)
<br /> _-:�:"=, n �. WITNE888THs —
<br /> :�;, �� � " WHEREAe, Borrower and Lender hnve agreed that nny rente end � � W -
<br /> =- profite attributable to the property ehould aonetitute additional �
<br /> _ security tv the LAnder for the paymen� of the Note; � .
<br /> � � , NOW, THEREFORE, it ie agreed that the Security inetrument i
<br /> " ` . shal l be amended'hereby and deemed to inalude �he �ollowing pro- ���
<br /> -; . ''!� viefone t �"�
<br /> _ �` { 1. Ase�q�++�e t of Rente and vend0r Rental Colleation Riatite. ,-���. _.
<br /> - 8orrower hereby absolutely and unconditionally assigne all rents, �____�_ __
<br /> r.;'. ____ __- -_ ����_�aa and profite of the property to Beneficiary. Lender shall _
<br /> � � ° have the right, power and authori�y during the continuance of the �-
<br /> ,, � . Security Instrument to collect the renta, iseues and profits af
<br /> ' the property and of any personal property loaated thereon with or �- •-
<br /> �": ° without taking possession of the property affected hereby. ���-
<br /> „ �!+- , � Lender, however, he�eby�.Consente to Borrower's collection and �:�-,-::.r._-
<br /> �. � retention of such ren�ts,�-iesues and praf ite as they accrue and :��_�.Y
<br /> � � , become payable, so lonq ae Horrower is not, at such time, in -
<br /> ';' '. „ .� default with respect to payment of any 3ndebtednese secured -_- _ _-.-,
<br /> hereby, or in the performance of any agreement hereunder. -�-,-
<br /> �� . . w,t:�..
<br /> , �- . 2. � If an event of deEault in �f��f_
<br /> Aar�o_ntmen� of Rece�ver. y '��j`-`: —
<br /> �+� � reepeat to the Seaur.ity Instrument shall have occurrod and be `-``-� ��-
<br /> }� • . continuinq, Lender, as a matter of right and wi�hout noti.ce to '"" �` �f f,
<br />( , . eorrower or anyone claiminq under Borrower, and without regard to µ
<br />►• " ' the value of the truet estate or the interest of the Borrower
<br /> �� �' therein, ehall h�ve the right to apply to any cour� hav3ng juris- },
<br /> , diction to appQint a receiver of the property. -
<br /> C" :;,;__
<br /> . � k:1'eSAa'Kti'r
<br /> �
<br /> ' � 3. Riqht to Possc�seion. In case of default in the payment F�::"-�-
<br /> ' oT the eaid principal Note or interest, or any part thereo�, as ' ', _
<br /> � ,� it shall mature, or in the case of failure to keep or perform any L . =� -
<br /> - • of the aovenants or agreements contained 3n the 8ecurity Instru- F`
<br /> mQnt, �hen the Lender, its successors or aseigns, shall be and ia
<br /> � hereby autZiorized and empowered to take immediate possession of �
<br /> . � the said pr.emisea therein described and to collect the renta �
<br /> � � therefrom, and to apply the proceede thereof to the payment of
<br /> � , the Note. k�
<br /> ' 4. Aoclication of Reats. Issues and Profits. All rente � '
<br /> . collected by Lender or the receiver ehall be applied firet to '
<br /> payment of the costs of management of the property and collection
<br /> t. of rents, including, but nut limited tv, receiver's fees, premi-
<br /> ._ �..____ ..__. ._._ ums on receiver's bonde and reasonable attorney's fees, and then �
<br /> � � to the eums secured by the 3ecurity Instrument. Lender and the
<br /> receiver shall be liabla to account only for those rents actually
<br /> reoeived.
<br /> 5. S.rnetructiion of Provisions. Each o� the provieione con-
<br /> ` tained in thie Aseiqnment of Rente Rider and the security instru-
<br /> � ment ehall, unless otherwise specifically required, be construed
<br /> ' in accordanae with Nebraska law, and in the event any provision
<br /> � herein or theroin aontained shall be dete�mined by a court of
<br /> competent juriedict3on to be ut�enforceable, the same ehall be
<br /> - .4 . conetrued as though such' unenforceable provieion were not a part
<br /> ' hereof or thereof.
<br /> , I '
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