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<br />_ �'� _ THIS A�BIONM�I�1T O!' RLNTB ttIDL�t ia made and oxacuted thie
<br /> ��':� �UL1r ly S?, �nd ie ii�uv�.�.ui:atad� in�a and shall - -
<br /> . ..; . r��� 24TH da�y of i
<br /> :��.,�,�;:.° " be�eemed to emen en supp�ment the Mor�gege or Deed of Truet,
<br /> ' � � hereinefter zoferred to ee the �8ecurity Instrumentn, of the eame
<br /> � ��•�=^� da�e given by the undoreigned, hereinafter refarred to ae the �
<br /> ' ��. � „Barrower", to seaure Borrower's indebtednaee, hereinafter
<br /> ° ��' � •,. referred to ae the "Note", ta HOME FEDERAL SAVIN(38 AND I,OAN
<br /> ��=, .:r. ASSOCIATION OF GRAND ISLAND, hereinafter referred to aa the
<br /> --- 'g��'��"'�'-'�� 'y nLdr��ia�:h, o! the aama date and coverin� the property desaribed in .
<br /> ��.�_� ; `.�
<br /> �:,-'��'� tho 8eourity Inetrt.uaent end looated ets
<br /> .trr�+i a.n.rn_ti.� �
<br /> — -- = -'°'� 312 TH 2ND ST UONIPHAN NE 68832
<br /> ` � Pro er A soBo
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<br /> 3"`.:,.:�.��� y"�u`: WITtiE98BTllt
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<br /> ,�- '�'°"�•- �' WHRRSAB eorrower and Lender heve agreod that any rents and
<br /> ::;'
<br /> s � :-- .-: ' °��-�'`° profite �ttr�but�ible to the property ehould conetitutie additional _
<br /> -_ ,�,�x seauxity to the Lender for the payment of the Notef
<br /> -- � S • �
<br /> --�_ � :.,��: NOW, THEREFORE, it is agreed that the Seaurity Inetrument
<br /> -,,�, -��:����. shnll be emended'hereby end deomed tio inalude the following pro-
<br /> = vieions:
<br /> � � . r Oenl�il
<br /> _ _ � � �� �,� �R��r�.ent o� Rente and Lende Colieati_ o�ahte.
<br /> -- � -{-.:� Horrower hqreby ebeolutely and unconditionally aesigne ell rente,
<br /> = �r,,,�� „ ,;�°.. iseuea and profits of the property �o Bene f ic ia r y. L e n d e r e h a l l �
<br /> �_,�,j.:.;„,;`_ __,, . . have the right, power and authority during the continuance of the
<br /> -_� - � 8ecusity Inatrumen� to coliec� �jia rents, 3ssuas and praf3ts of
<br /> - � the proper�y and of any pareonal pxoperty located thereon with or
<br /> withouti taking poesession of the property a£feoted hereby.
<br /> ��.�' ��. .1` � . Lender however, hereby conaenta to Horrower's collection and
<br /> � �"�i3' � � retention of auch rents, iesues and profite ae they eccrue and
<br /> - . � -• become payable, so long as Horrower ie not, at such time, in
<br /> � � - defaul� with respect to payment of any indebtednese aecured
<br />-� ' ���• � hereby, or in the performance of any egreement hereunder.
<br />- •, �_r:'.
<br /> �• -
<br /> - � ' 2. A�no{ntmen o Receiver. I� any event of default in
<br /> --�, _�•_�_.. . _ _;4._
<br />� , � respect to the Seaurity Ynetrument ehell have oacurred and bo = -
<br /> `�° continuing, Lender, ae e matter of right and without notice to -
<br /> _=, � . �� .. Borrower or anyone claiming under Borrower, and without regard to `
<br /> r� the value of the trust estate or the interest of the Borrower � . :
<br /> �:� ' therein, ehall havs the right to apply to any aourt havinq juris- _
<br />- - ,� . . diction to ap�oin� a receiver of the property. —=
<br />:t' ,:=L:.u..._. .
<br /> � ' • 3. R�,aht to Possession. In case of default in the payment �
<br />- • - � � �' of the said principal Note or interest, or any part thereof, as �
<br />�' it shall mature, or in the case of failure to keep or perform any i.._._
<br /> =M�:' .�± � � of the covenants or agreements contained in the Security Instrw }�
<br /> - ''�' �• ' ment, then the Lender, ite euccessors or aseigne, shall be and is r •
<br /> �� hereby authorized and empowered to take immediate posseeeion of
<br />: . the said pr.emises therein described and to collect the rente �
<br /> therefrom, and to apply the proceede thereof to the payment of ,,L;
<br />_ � �. , the Note. �`��
<br /> . 4. $y�o� aaat�on of Ren�s. iseuea and Profits. All rents �•
<br /> collected by Lender or tihe receiver ehall be applied first to
<br /> ` payment of the coets of manaqement of the property and collection �
<br /> x of rents, including, but not limited to, receiver's fees, premi- ,
<br /> ums on receiver's bonds and reaeonable attorney's fees, and then �_
<br /> `� � to the eume secured by the 3ecurity Inetrument. Lender and the �
<br /> :.,_ -�`-'-----—_- ..--�---° _ � . .-- -�_• � L_ 7 J�Lt� �... .. Fn i� �ee tonl�O An�' 1 ��V �
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<br /> . � recefved. `
<br /> � ., � 5. Construction of Provieions. Each of the provfeione con-
<br /> � . tained in thie Aesiqnment of Rents Rider and the Security Inetru- '
<br /> 1� � - ment ghattj »ntraaa etherwise specificelly required, be conetrued
<br /> in accordance with Nebraska law, and in the event any provieion
<br /> herein or therein contained ehall be determined by a court of
<br /> . , : :-• competent jurisdiction to be ungnforceable, the eame ehall be
<br /> � , �" �� � conatrued as though suah' unenforceeble provision were not a part
<br /> � hereof or thereof.
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