|
� _ .., , ...._ . _ . . _ �_. --
<br /> �. _ ,
<br /> �-�� _::��:. YII�� ��:'�Ct'?�_ -._ : .. _ -`_ _ :� - - -
<br /> ,: . -- - —� -:- ... ..,=rv-;T�._ , • ... „ - -
<br /> �r..�..
<br /> _�.: � .�'�.T'�.�
<br /> :�...,. . � �� �,�:W � .. _ •
<br /> .' ..•:°,�ia , ,.,. .. � �,t�;pi;;�:.-., .. . � r._,_.__--___--_ - --� e
<br /> �e � r .. . .�+ p .� --
<br /> . ,r - � . • -s� ���
<br /> .
<br /> . t�C� 1G�� - .. �--_
<br /> �
<br /> -
<br /> ..
<br /> �' . � AOi-,�i. v,�i.�� a . '' .:�;��`'�-"
<br /> � LS�'::t�4'�a�!t:_7!{`�' - — `�_, - ---
<br /> • s... .� � � . . — - - ---
<br />. - �-�-'-- - - - ' 1 . — -- -- ---
<br /> - . 92— �a�2 -
<br /> � ,:� .��� .
<br /> . ,�.,..
<br /> - _� .--:-_�-- --- ' �4I�NM •NT OF NTi RI1ER -
<br /> . .�.,'•: ;u d;' .` t .—
<br /> . a „ . THIB A88IaNMENT OF RENTS RiDER ie mada and executed Chis
<br /> �.'���"" � �'. �7t� day of 1 , 19 , and is incorporatod intio and shal l
<br /> � - — �e deame d �o arnen a n e u p p�m�n t t h e M Q r�g a ge or Deed of Trust, �•—
<br /> �-- :._.._..-_� _
<br /> � , hereinefter roferrod to as the ��Seourity Ine�rument", nf the semo
<br /> .. , �.a:�,,:;.,,,�,:;`.�;.� data given by the undareigned, hereinaftor referred to as the
<br /> a� . ^ .. ��BorrowerN, to e�eoure Borrower's indebtednose, herainafter
<br /> --;:� �;-_ • �' �" referred to ae the °Note��, to NOME FEDERAL SAVINQB AND LOAN
<br /> '"� �"� ASSOCII�TIQN OF aRAND I3LAND, hereinafter referrad to as the
<br /> ;:�,�� a ° - .
<br /> --- � ��Lender", nf the same date and covering the property described in
<br /> — . . �: � the Seaarity inetrwaent and loaated ats
<br /> �.
<br /> = `���°� �� 1723 S Blaine. Grand Island Ne
<br />�r���• � ' (Property A dre�s)
<br /> .,. x, .y'�`•
<br /> '�`�� . ' ' WITN888ETHt
<br /> .�-in � ."`' WH�RBA9, Borrower and Lender have agreed that any rente and t� ' �
<br /> � . ^ ' profita attributable to the property should conetitute additiona].
<br /> ' �� • aeaurity to the Lender for the payment of the Notej
<br /> � NaW, THEREFORE, it is agread that the Security Instrwnent
<br /> „ � •� .;, ahall be amended' hereby and deemed to include tho followinq pro- _.
<br /> • � visiones
<br /> ., ; -
<br /> , � � � 1. Assi�+�ent of Rente and Lender Ren�al Collection Riarhts. �
<br /> ` I Borrower hereby absolutely and unconditionally asaigns all rente, �f ��:���
<br /> . iseune and profits oY the property to Betiniiciary. Lendsr �hsll _ -
<br /> have the riqht, power and authority durinq the continuance of the �,�
<br /> Security inatrument to collect the rents, iesues and profits of
<br /> t and of any ersonal roperty located thereon wi�h or ��}�`' ..� .
<br /> . the proper p p p
<br /> � without taking poesession of the property affected hereby. ___
<br /> �� .. Lender, however, hereby consente to Borrower's collection and _ _
<br /> •°�' ° retention of such rente, issues and profite as they accrue and ��
<br /> � . � become payable, so lonq as Borrower ia not, at such time, in � _
<br /> �.. � default with respect to payment of any indebtedness secured �='°�-���
<br /> t hereby, or in the performance of any agreement hereunder. ��'"��'..
<br /> �,r�:
<br /> ���`'-� . �. 2. ,�joo�n ent of lteceiver. If any event of default in �f,���;,�:, _'�
<br /> �), � respect to the Security Instrument ehall have occurrod and be ,;
<br /> continuinq, Lender, as a matter of right and wi�hout notice to t �
<br /> ,�� � � Sorrower or anyone claiming under Sorrower, and without reqard to . _ -,-
<br /> ' �=��'� the value �f the krust estate or the interest of the Borrower � ` 7-
<br /> � .
<br /> • therefn, ahall have the right to apply to any court havinq jurie- �r�u._;_�.: --
<br /> , diation to appoint a receiv�r of the property. �;:�;;;;�;
<br /> • ' 3. R;.q�t to Possession. In case of default in the payment �
<br /> � `' � of the said principal Note or interest, or any part thereof, as �' �;�„
<br /> ' it ehall mature, or in the case of failure to keep or perform any � L __
<br /> �� of the covenante or agreements contained in the Security instru-
<br /> + " ° ment, then the Lender, its euccessors or assigns, shall be and is
<br /> �• hereby authorized and empowered to take immediate possession of �
<br /> � the said premises therein described and to collect the rents �
<br /> � � theref rom, and to apply the proceeds thereof to the payment of
<br /> the Note. �
<br /> E
<br /> . 4. �,in��cat�on of Rents Is ues and Profi�ts. All rents `
<br /> � collected by Lender or the receiver eha11 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 feos, premi-
<br /> ��__.__. »ma nn receiver�s bonde and reasonable attorney's fees, snd then
<br /> . 1 to the sums secured by the 3ecurity Instrument. Lender and the
<br /> receiver shall be liable tv account only for those rents actually
<br /> reaeived.
<br /> 5. ��nstrLCt±on of Provisione. Each of the provieione con-
<br /> _ � �ained in this A��tgnment of Rents Ri.der and the Secnrity �natru-
<br /> ` ment ehall, unlese otherwise specifically required, be cor�strued
<br /> in accordance with Nebraske law, and in the event any, proviaion
<br /> herein or therein contained shall be determined by a court of
<br /> competent jurisdiction to be unenforceable, the same shall be
<br /> conetrued ae though such unenforceak�le provision were not a part
<br /> " � hereof or thereof.
<br /> ,
<br /> ' 1
<br /> �t •� �
<br />
|