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<br /> .,, � � A88IONMENT OF �FNTS RIDLR •
<br /> �' �'f#TS �lB�iANMRNT oF RENTS RIDER ie made and axecuted this �
<br /> TTs�.�~ � 31ST da�y of Y , 19 92, and ie l.naorporated' into and ehalt
<br /> ' , i�e�eemed to emen en eupp�men� the Mortgage or Deed of Trusti,
<br /> - �.�� hereinafter raferred to ae the „Securi�y Instrumentn, of the eeme
<br /> -"�_.. :�-u' dato given by the undereigned, hereinafter referred to as the c
<br /> "Borrower�', to eaaure Borrower's indebtednese, hereinaf�er
<br /> '`!�"�`'�'"�"`°'^` � referrred to ae the "Note��, to HOME FEDERAL SAVINGS AND LOAN --
<br /> .�._._. _ � � A880CI1►TION OF (3RAND ISLAND, hereinafter referred to as �he
<br /> .��,� _— _
<br /> �� . °_ �F '�Lender", o� the eame date end coveri.ng �he property described in _
<br /> n��,.t_;� .,:c - the Security Inetrwaenk and located ats
<br /> �� ..�:.,.. -
<br /> ��� � �' 1411 N. SNERIDAN PLACE GRAND ISLAND NE 68803
<br /> „ .� �� (Proparty A reoo
<br /> �'.: M � •
<br /> —� � wxTNC�s�rs:
<br /> �,iiwr��.w�� s� n : • '
<br /> � WH�REAB, eorrowor and Lender ha�ve agroed thnt eny rente and
<br /> �� � �v profite e�tributable to the property ehould aonetitute additionel - -
<br /> y . `, , , _ seaurity to the Lender for the payment of the Notef �%`_
<br /> , ,{. .
<br /> � � " .. '��.`�' NOW, THEREFORE, it is agreed that tlie Becurity Ins�rwnent �`;:�LL
<br /> ' • . :4� ehell be amended'hereby and deemed �v inalude the �ollowing pro- r
<br /> � � visione:
<br /> �, 8��,nn�An� of Rents and Lander Rental Col sation Riahts. 6
<br />� �.«� Horrowor hereby ebeolutely and unaonditionally asel.gne all rents,
<br /> .. .tseuee and profits of the property to Beneficiary. Lender shall �___
<br /> __ _ :.:��4.. . ....__.-. ., heve the riqht, power end authority durinq the continuance of �he �_
<br /> , , ' Security :t��strument to col.lect �1ie rents, iseues and profi�s oT ��:
<br /> • the propeLty end of any pereonal property located thereon with or '`
<br />� �•"�'� ^ without taking posaession of the property affe��ed hereby.
<br /> , '"'�' � � Lender, however, hereby consente �o Borrower's collection and
<br /> �� �" retention of euch rents, iseues and profi�s ae thep eccrue end �
<br /> .� become pay�ble, ao long ae Borrower ie not, at such time, in __
<br /> ., ' ;� default with respect to payment of any indebtednese aecured �,.-
<br /> .. �•; heseby, or in the performance of any agreement hereunder. -
<br /> �- , . �
<br /> ° ' � ' ' Z. �w�intMan� of Rocetver_. If any event of default in �
<br /> ��� ..
<br /> �;; ,� y respeat to tihe Seaurity Instrument ehall have oacurred and be
<br /> continuin , Lender, as a matter of right and without notice to
<br /> � • t��-�� � � Dorrower or anyone claiminq under Borrower, and without regard to �.
<br /> � , � the value of the truet eetate or the interest of the Borrower -
<br /> "' . - therein, ehall have the right to apply to any court heving juris- �;:
<br /> • diction tio appoint a receiver of the property. ��
<br /> T �::
<br /> .j ., " . 3. R;aht to Possesaion. In case of default in the payment €�
<br /> � og the eaid principal Note or interest, or any parti thereof, ae
<br /> � it ehall mature, or in the case of failure to keep or perform any -
<br /> � � �'�=~ '�• oE the covenants or agreemente contained in the Security Inetru-
<br /> ment, then the Lender,
<br /> i�s successors or aesi ne, ahall be and is ��
<br /> , � �.�. ° hereby euthorized and empowered to take immed ate possession of �
<br /> � tl�e eaid pr.emisea therein described and to collect the rents �
<br /> _ � ."�' tl�erefrom, and to epply the proaeede thereof to the payment of
<br /> ' . the Notv. �
<br /> t �
<br /> � � 4. . Al1 ronte � .
<br /> � f colleatad y Lender or tihe receiver shall be applied first to
<br /> f." u pnyment of�� tt�e coste of management of the property and collection
<br /> of rente, �.c�aludinq, but not limited to, recefver's feea, premi- i
<br /> �; ume on rec�lver'e bonde and reaeoraable attorney's fees, and then
<br /> —�': �.. fi+o aumu aonnrad hv the SeCUI'j.tV Inetrument. Lender and the
<br /> � receiver ehall be liable to account only for those rente actually ;
<br /> rot�oived. �
<br /> � ,.
<br /> � s� of ,provieion�. Eaah of tho provisions aon-
<br /> � � teined in th e Ac+a qnmAnt of Renta Rider and the Security Instru-
<br /> r �. mor�t el�all, unlees otherwi�e specificAlly required, be conetrued
<br /> i�i accordance with NebrAaka law, and in the even� any provision
<br /> herein or therei n aonteined ehall be determined by a court of
<br /> ° � competent juriediation to be unenfa�raeable, the eame ehall be
<br /> ' ' � conetrued e� thouqh such' unenforceable provieion were not a par�
<br /> t hereof or tiherevt.
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