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<br /> R..ti ' �8IC,1 ENT 0�' 1t�;N'PS_�ER ��� �,��3
<br /> � � , ' .+�+�� . THIS A88IONMBNT OB' RENTS RIDER is made and exacsuted ihie �-
<br /> • -•�,,Y• � 27TH de� of JULY , 19 92, end ie inaorporat9d� into and ehall
<br /> r::. . . � � ,F-ie deemed *.o r�men an eupprment the Mortqage or Deed o� Truet,
<br /> "' � '���-' ' ",' herAinaftrse referred to ae the n8ecurity Inetrument", of the ean�e _
<br /> � ����z,,��:�,,_
<br /> ��� da�e given by the undersigned, hereinafter referred t� as the
<br /> .,�,�;:�; ... "Borrower��, to eeoure Borrower's indebtsdness, hereinafter
<br /> �_:,.� ;��,�.� _y �' �." referred to es the "No�en► to HOME FEDERAL SAVIN(38 AND LOAN
<br /> i �980CIATIOt� OF GRAtiD I.,LAlID, hereina€ter x'Q�Arred to ae �he _
<br /> ��° � � � � ��Lender", of the eame date and covering the property deacribed ia
<br /> --.�.�� �'''�"°``'=�n. ,�� `� the 8eourity Inetxument and located ats
<br /> ��� �.. �
<br /> � � � , 2001 W. CHARLES� GRAND ISLAND, NE 68803
<br /> �� �` , ��� �� (Property A rees)
<br /> �— , . .. WITNESS�TH t
<br /> _s�.° • . �
<br /> ' � � ' �� ""�lr WNEREAB, Borrowor and Lender have agread tha� any rents ead =
<br /> '� '� profite attributable to the proper�y should aonstitute additional
<br /> � ' ' � ' security tn the Lender for the peyment of the Notej
<br /> �•��� NOW, TH�REFORE, it ie aqreed that the Security Inetrwnant ---
<br /> � shall be aunettded'hereby and deemed to include the following pro-
<br /> . ;;
<br /> . visione:
<br /> l. Ass��en� o� Renta and Lender Rental Colleation l�i.ahts.
<br /> � • � Borrower hereby absolutely and uncondi�ionally aseigns all renta,
<br /> .�.+�.. S :- � ���_ iseuea and profits of the property to Benefieiary. Lender ehall _
<br /> ., ' have the right, pawer and authority durinq �he cut►Linuance of tha
<br /> . security Instrument to collect the rente, iseues and profite of �i7.,�Y
<br /> � .� - the property and of any pereonal property located thereon with or
<br /> ' � � withouti taking possession of the property affeated hexeby. __
<br /> ,�,,, ? . �� Lender, however, hereby consente to eorrower'e collection and _ __.
<br /> � °"'x� .. retention qf auch rente, issuee and profite ae they accrue and _ _
<br /> � . '�` become pa}-able, so long ae eorrower ie not, at such time, in
<br /> �+- .
<br /> ��' ' default w3.i.h respect to payment of any indebtednese aecured _._:
<br /> ... .,
<br /> , . hereby, or in the performance of any agreement hereunder.
<br /> ���, - •� - --
<br /> , 2� �nnointfi8ll$ of Recetver. if any event of default in _ -�
<br /> �•� respeet to the Seaurity Inetrument ehall have occurrQd and be _�_
<br /> r " � continuinq, Lender, ae a matter of right and without not3.ce to �' -LL
<br /> .��.: ...
<br /> f Borrower or anyone claiming under Borrower, and without regard to
<br /> } ' � � � the value oE the trust estate or the interest of the Borrowe�r !
<br /> . �� therein, shall have the right to aPply to any aour� havinq jurie- ,.-
<br /> , ,, dictfon to appoint a receiver of the property.
<br /> ��- ' � 3. Rjaht to Possession. In case of deEault in the payment L
<br /> �� ' �� � ��� of the eaid prinaipel Note or interest, or any part thereof, es 6 ,-
<br /> �� , � �s;, - ° it ahall mature, or in the case of failure to keep or perform any E_- �
<br /> - � ._�,� � •. of the covenants or agreements contained in the Security Instru- f�'
<br /> � ment, then the Lender, its successvrs or assigns, shall be and is
<br /> , � hereby authorized and empowered to take immediate poesession of
<br /> ' � � the said pxemises therein described and to collect the rents �
<br /> �, therefrom, and to apply the proceeds thereQf to tihe payment of
<br /> the Note.
<br /> - 4. n^*+� ���*�on o Ren�e. Iseues and_Profits. All renta .
<br /> � collected by Lender or the receiver shaZl be applied firet to
<br /> payment oF the coets of manaqement of the property and collection
<br /> �. • �� of rents, including, but not limited to, receiver's fees, premi-
<br /> �; wne on reCefver's bonde and reaeonable attorney's fees, and then ;
<br /> _.� _� .__�_� _� ,..._
<br /> t0 LIl@ 6W118 B@CUI9G1 D�► Lil@ iseCUiCttiy iit�i.iiiu�u�w. LQ�RAOL Q��V �a�v
<br /> � receiver ehall be liable to account only for thoae rents actuelly .
<br /> ' reueived.
<br /> 5. ��aetrLCt;on o*� Psnv�s{ons. Each o� the provisione con-
<br /> � �- - ta3risd 3n thfc 11�s3gnment ef Rer�te R{.�Ar and the security Inetru-
<br /> ment shall, unlese otherwise specifically required, be conatrued
<br /> in aacordance with Nebraska law, and in the event any prov3sivn
<br /> herein or therein contained ehall be determined by e court of
<br /> competent juriediction to be unenfvrceable, the eame shall be
<br /> • conetrued as though such' unenforceable provision were not a part
<br /> � '� ' hereof or theieof.
<br /> �,
<br /> , � �.
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