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<br /> ;:�...a_�. � � � sAat[sN1NA!NT AF RENTB RIDER �-
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<br /> - -" - �°-_�.' �,�:,� TAia ABBI(�NMENT o�' 1t�N't'S lt�aBR ie we�dd a�d exoau�ad tbit� - -
<br /> � �,• �> > . . 27� day of Juiy , 19 and ie incorporated into and ehall
<br /> ;� ,. - . ..
<br /> •� , ��:��j�� ;, ,.�,�• be deemed to amend aad supp emont the Mortgaqe or Dead of Truet,
<br /> herainafter roferred to as the °Security InetrumentN, of the same
<br /> � t i��_ • date giveM by the undereigned, hereinefter referred to as ths —
<br /> ,�d.,!�'._ Horrawer , to seaure Borrower's indebtednoae, herainafter
<br /> � K- � �''.r �'"�''" eferred to ae the nNote��, to HOMB FEDERAL SAVINaB AND LOAN
<br /> z
<br /> i����" -�`"f.::,.�:���� ASSOCIATION oF (iRAND ISLAND, hereinditer referred to as the
<br />_�- �-_ .::- ...�..
<br /> — ' °, ,,, �;�- nLender"� af the eame date and covering the property desaribed itt
<br /> � �: '+��. the Seaurity Instrument and looat�d at: -
<br /> _— - � a.. °,--
<br /> M �,
<br /> �"�'� 516 11th Street Gractd Islar�d Nebraska 66801
<br /> o_.—.�._}.��` .. 1: (Property Ad rees)
<br /> �i� .t�n �:c:��:. .
<br /> ��a.,':. : .�
<br /> . ..' ..�,,,`• WITDiE$88TH:
<br /> -a=�----.-.----=�-�A WHBREAS Sorrowor and Lender hAVe agread that any rente Aad
<br /> � ' ' profits attributable to the propeaty should conetitute additional �
<br /> , • � , aeaurity to the Lender for the payment of the Note;
<br /> I .::fi, . „ , y� � NOW� THEREFORE, it is agreed tbat the Security Instrument
<br /> � . ehall be ameaded' hareby and deemed to inaZude the followinq pro-
<br /> .. •� - ,� visione:
<br /> r
<br /> 1. ��,gnment of, iteate and I,ender Rental Collection Riahts. __.
<br /> ` .. �>�� � Borrower hereby abeolutely and unconditionally aesigne all rente, �--
<br /> ,;,
<br /> � :' iseues and �rofite of the property to Beneficiary. Lender shall _
<br /> ,;;�.. � - _-.., have the right, power and authority during the continuance of the
<br /> . , , . �, -
<br /> � Security Inetrument to collect the rents, iseues and profite ot _ -
<br /> the property and of anp peraonal property l�cated t�ereon with or
<br /> without taking pose�ssion of the property affected hereby.
<br /> � ��t. , Lender, however, hereby consents to Borrower's collection and �'
<br /> retention of such rents, issues and profits as they accrue and �"�-�
<br /> � � become payable, so long as Borrower is not, at such t3me, in
<br /> default with respect to payment of any indebtedn�ss secured
<br /> '�: . �� . „ �'' hereby, or in the performance of any aqreement hereunder.
<br /> �wt' -.,, _. .. � _ 2. �i.pa�,ntment of Rece�ver. If any event of default in
<br /> 'j, �• respect to thA Security Instrwnent shall have occurrad and be
<br /> continuinq, Lender, as a matter of right and without notice to —
<br /> / Borrower or anyone claiming under Borrower, and without reqard to `�
<br />! �� " the value uf the truet estate or the interest of the Borrower
<br /> ' . therein, �hall have the right to apply to any court havinq juris- �_-
<br /> diction to appoint a receiver of the property. __
<br /> • 3. Riqht to Possession. in case of default in the payment =�'�
<br /> � `� •�. of the said principal Note or interest, or eny part thereo�, ae �^
<br /> � it shall mature, or in the case of failure to keep or perform any �=s-�
<br /> � , �+.;,. of the covenants or agreements contained in the 3ecurity Instru- '
<br /> � , ment, then the Lender, its successors or assigne, shall be and is ��
<br /> � hereby authorized and empowered to take immediate posaession of f
<br /> the said premises therein described and to collect the rents �
<br /> " therefrom, and tio apply the proceeda thereof to the payment of .....
<br /> � the Note.
<br /> � 4. ,�r�!cat!on o� Rents, iseues and_Prof s. Al1 rents
<br /> ` collected by Lender or the receiver ehall be applied firat to
<br /> ; payment of the coets of management of the property and collecti.on ;
<br /> , � of rents, i�icludinq, but not limited to, rece3ver's fees, premi- �
<br /> � . -• ume on receiver's bonda and reasonable attorney's fees, and then �
<br /> �r� to the eums secured by the Security instrument. Lender and the
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<br /> received. '
<br /> 5. �nstruction of Provieione. Each of the provisions con- �
<br /> • � ' � tained in this Assignmeat of Rents Rider and the 3ecurity instru-
<br /> - - -- 3 mQnt �hall, unlcas othenaise sspecif ically required, be conetr.��ec�
<br /> �� � in accordance with Nebraeka law, and in the event any,provision
<br /> herein or therein c:ontained ehall be determined by a court of
<br /> competent jurisdiction to be unenforceabie, the same shall be
<br /> , conetrued as though such unenforceable prvvision were not a part
<br /> hereof or thereof.
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