|
__ � .
<br /> -•�+�!"'1_�t�-''',� -- _ . --- - ---°---- =- _ � . __ -- -
<br /> _�� ,��„�•� -� - �:��°.;�- - -`' �� ,., � _.-_.- .�.,,.., _-
<br /> . �
<br /> _ � ,.�, -- - — -•r - •�p; ---- - — ' --_.-.
<br /> � . •. � •�r�a�1.�.wc�M.ulh.rt«�.a. . - -
<br /> _ ��' ' QI, , . :.M�.ryll _ ��1Sf+. .. - � j:. , �
<br /> 1 .(iyR�*
<br /> � � , .��- .4r_ • . �2.�, 105'740 �
<br /> � � . , .
<br /> M1.
<br /> - � •
<br /> _ . 1►98I�NM�W'!' 08' RLNTS RIDB�
<br /> � �' '�' ' THTB 1188I(iNM�NT OF RENTB RiDBR io made and exocutad thio
<br /> � °;`�'.�', � 27th day of , 1992 , a�nd is isnaorporatad into And ah�ll
<br /> � ,,;..
<br /> � �M-� � �deemed to aman an aupprment the Mortqage or Deed o! Trust,
<br /> '� �'"� r'�' herefnafter roferred to es the "Seaurity Instrument��, of �he eeme c-
<br /> � �: � ' � date given by the undarsigned, hereinafter referred to r�s the
<br /> �:��.'����'; "� ��Borrower^, to secure Borrower's indebtedness, hereina�ter
<br /> � t �
<br /> - referred tn ds �he "Noten, to HOME FEDERAL BAVINaB AND LOAN
<br /> � �;�'�`�'�"w= ASSOCIATION OF GRAND ISLAND, hereina�ter referred to as the
<br /> �;,�-.�..��...�4:...1: "Lendern, of the same date and coverinq tbe property described in
<br /> ` �r-°' ��� ' ��`.��, ���' the Seaurity Inetrument and loaated at s
<br /> ���1�.�U�y�v� .
<br /> —�-�=•��,� � ..=� (Property A rosa)
<br /> �:,��, .. ��., ..i.
<br /> �',,,�1'�. x.. ,`n,n..�:f,: WITNE886rTHi �
<br /> . �:'a�'�
<br /> -° _ - - ':w�: ° -
<br /> _ " �� �� � WH�REAS, Horrowar and Lender have agreed that any ranta and
<br /> �;�.• �. ,. � pxofits attributable to the property should canatitute additioaal
<br /> ' '� � „ aecurity to �he Lander for the payment of the Note;
<br /> . ;,c�,..;.,
<br /> �� NOW, THEREFORE� it is aqreed that the 9ecurity Inetrument ___
<br /> - � � : ahall be amended' hereby and deemed to inalude the following pro-
<br /> - ��� • `� vfeions:
<br /> �-;s_.,. . . .. . __
<br /> - : ' � 1. As�,�+*ent of Rente and Lender Rental_Colleation Riahta. �
<br /> x� Horrower hereby abeolutely and unconditionally aBeigne all rente,
<br /> �"° — "�"� issuss and pzof3t� of ths graperty t� Rc�neficiary. Lender shall __
<br /> - � have the right, power and authority during the continuance o� the
<br />-_ security Inatrument to collect the rents, iseues and profite of Y
<br /> - � . . , the property and of any peraonal property located thereon with or �: -
<br /> ` � � without taking possoseion of the property affected hereby.
<br /> �'�'� �r�4._� . ,_:�...� L•ender, however, hereby consenta to Borrower's colle�tion and _
<br /> _' ' retention of euch rents, issues and profita as they accrue and =
<br /> ,=.,, ,
<br /> ��1 �" � become payable, so long ae Borrower fe not, at such time, in
<br /> �� ° default with respect ta payment of any indebtedness secured �Y_
<br /> `�' ���^-{�<��=- ���� • hereby, or in tihe performance of eny agx'esment hereunder. �
<br /> �-- H�... -
<br /> ��..
<br /> -:��, �. 2. ,�pco�n�ment o�` Recei.ver. If any eveat of default in -
<br /> •_�.,,t, respect to the Seaurity InetrumQnt ehall hnve occurred and be �_
<br /> __ ;,,,�. . �• continuinq, Lender, ae a matter of riqht and without notice to
<br /> - � Horrower or anyone claiming under Borrower, and without regard to �
<br /> , �, � the value uf the trust estate or the interest of the Borrower --
<br /> � �� ' therein, Rhall have the right to apply to any court having jurie- -�-�-
<br />_„ = . diction to appoint a receiver of tha property. ���
<br />_. � � t in the a ent � `
<br /> 3. A i_q h t t o P o s s e s ei o n. I n c a s e o f d e f a u l "'-
<br /> : �� � � ° of the said principel Note or interest, or any part thereof�as ��"'�
<br /> � , ..,,,;�,. it shall mature, or in the case of failure to keep or perform any „�
<br /> L ° ° of the covenants or agreemente contained in the 3ecurity instru- � ��.
<br /> . �......
<br /> ment, then the Lender, its euccessore or aesiqne, shall be and is �
<br /> • , � � � . hereby authorfzed and empowered to �ake im�aediate possession of ! �
<br /> _ � � the said premises therein described and to collect the rente
<br /> �� therefrom, and to apply the proceeds thereof to the payment of ;
<br /> '� �� the Note. + �
<br /> �
<br /> � �� 4. 8no�{cat�on of Rents. Isauee atad Prof ite. All rente - .
<br /> ', • , collected by Lender or the receiver shall be applied first to
<br /> „ . payme�rt of the costs of inenagement of the property and collection
<br /> i� of rents, including, but not limited to, receiver's fees, premi-
<br /> } ums on receiver's bonds and reasonable attorney's fees, and then
<br /> _� «_ .
<br /> - " :r-� t0 th@ Sllttl8 BQCtiT6d Ay tile �ecurity Inszrunic3iiz. i,c�iluer 6uu Lun
<br /> receiver ehall be liable to account only fo� those rents actually ,
<br /> re�eived.
<br /> ' 5. Construction of Provisions. Each of the provfsions con-
<br /> � tained in this Asaignment of Rents Rider and the Security Inetru-
<br /> ment shall, unless otherwise specifically required, be construed
<br /> . in accordance with Nebraska law, end in the event any provision
<br /> herein or therein contained shell be determined by a court of
<br /> competent jurisdiction to be unenforceable, the seme shall be
<br /> • construed ae though such unenforceable provision were not a part
<br /> :' � hereof or thereof.
<br /> i ! � '
<br /> �
<br />
|