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<br /> � 11ggi��?!�gNT OF RENTS RIDLR
<br /> � v •a:��� THI$ A88iaNMLNT OF ItENTB ItIDER io m�de anc3 o�coautad thi.e �
<br /> ; , .h- '�� " . 14TH dey of JULY , 19�, end ie iacorporated into end shell
<br /> �deemed ta amen an oupp ement the Mortgnge or Deod ot Trust,
<br /> ....:,::.�::. . hereinafter referred to as the Neecur i�y Ine trumen t p, o� t he e a m o
<br /> .� '"'" date given by the undereigned, hereinafter referred to ar� tho �
<br /> '��='�� "eorrower", to secure Horrower'e indebtednaes, herainafter
<br /> � ' ..` =:` referred to As the "Note��, to HOME F�DERAL BAVIN08 AND LOAN
<br /> � � � A88oCIAm20N c�P' �R�AN� TRT,AND, hereinafter referred to ae the �--
<br /> �-,�i .a Y.,� . �'
<br /> --��titi;� " = '�Lender", of the sauae date and covering the property desaribed in
<br /> - � .. �" �f:'�,.
<br /> `�ya r..,;i ..: �be Seaurity Instrument and located at s `_
<br /> , �+� �� ,�'�'�- • 1?10 W OKLAHOmA;. .GRAND SS�AND, NE 68603 .
<br /> ���-��•�: �� °��` (Property Ad resa)
<br />.� _
<br /> --_ WITNE88�TII s
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<br /> "'''� WHLREAl3, Borrowar and Lender have agreed that eny rents end
<br /> ---.:�;'.:.-�:_:- .-�`�'::.�
<br /> - t:��t,�.:,:.,._.,.;_::.... • . profite attributable to the property should constitute additional
<br /> -_ • � •��k aeaurity to the Lender for the payment of the Note;
<br /> =-;Y ; ,,�,F;, NOW, THEREFORE, it ie agreed �hat the Security Instrument
<br /> . ' �-��.�- shall be amended'hereby and deemed to iaclude the following pro-
<br /> - .. � ;,a� visions:
<br /> - . "' " `�� 1. ,���•+++�Q*+� of Rents and Lender Rental Collection Riarhts.
<br /> ' �� � • BorrowQr hereby abeolutely and unconditionally aseigne all rents, �"
<br /> =✓�- �; ��•' � iesues and profite of the property to Beneficiary. Lender shall ��'=
<br /> " - �r.�:..�x�:.:,:.t��� _ have the riqht, power and authority durinq the continuance of the _
<br /> ;;: -. . � - �. ;
<br />- �"' security instrument to collect the rente, issuee and profits of
<br /> ' ° the propertp and of any personal property located thereon with or
<br /> � � withaut taking possession of the property affeated hereby.
<br /> � ,.� , Lender, however, hereby conaents to Borrowar•s collection and
<br /> ___ —_--- _ - retenti�n �f euch rents, iesues and profite ae they accrue and ����
<br /> become payable, so long as Borrower is nat, at such time, in
<br /> default with respect to payment of any indebtednese secured �:-�:
<br /> �;�.�. � ''"'' � hereby, or in the performance of any agreement hereunder.
<br /> _- _ _. .. 2. gnnointment of Receiver. If any evgnt of default t.n __
<br /> - . respect to the Seaurity Inetrument ehall have ocaurrod and be �::=:
<br /> '�, ' � � continuinq, Lender, ae a matter of right and without notice to
<br /> �� " �• Sorrower or anyone claiming under Borrower, and without regard to �-�"
<br /> � �r �r,..,.-
<br /> : " . � .°� • the value uf the truet estate or the interest of the Borrower
<br /> `� �y;� .
<br /> . therein, �hall have the right to apply to any court having juris- �-�
<br /> :.;�� �� diation to appofnt a receiver of the proparty. -
<br /> . . ' 3. Riqht to Possession. In case of default in the payment
<br /> ���, � ��' . �• of the said principal Note or interest, or any part thereof, ae �--
<br /> � � i.t shall mature, or in the case of failure to keep or perform any
<br /> .• �- �,� ` of the covenante or agreemente contained in the 3ecurity Inetru-
<br /> ' ' "�''�� • ment, then the Lender, its succeseors or a�eiqns, shall be and is �
<br /> � e � . hereby authorized and empowered to take immediate possession of
<br /> � �. the eaid premises therein described and to collect the rente � ''
<br /> . �o . therefrom, and to apply the procseds thereof to the payment of
<br /> �. � the Note. `` -
<br /> 4.
<br /> . 4. 8onlication of Rente. Issues and Profite. Al1 ren�s
<br /> . collected by Lender or the receiver shall be applied fixet to '
<br /> � payment of the coste of management of the property and collection �
<br /> � • � � of rents, including, but not limited to, receiver's fees, premi-
<br /> � � ums vn receiver's bonds and reaBVnable attorney's fees, and then �
<br /> f � _ to the eums secured by the Security Instrument. Lender and the
<br /> !'�_... L�1 7 L... 7 S L1 Lw L 1.• F^• �{��e+w wr.4.+ an4��es� 1�� �.
<br />- - -- .� i.vi:atvaa. 011dZi YV 11QY10 MV a�1VVY��Y V��ir iVi NL�VOP �V��YO MVr��aa�r .
<br /> received. ,
<br /> � 5. Const uction o_f Provisione. Each of the provieione con-
<br /> tained in this Aesignment of Rents Rider and the 3ecurity instru-
<br /> ��- �� . - mcnt :.hall, un1Q�:, athorwi�e .�pacifically required, be conctrued
<br /> in accordance with Nebraeka law, and in the event any, provision
<br /> � � �� herein or therein contained shall be determined by a court of
<br /> compQtent jurisdiction to be unenforceable, the same shall be
<br /> ' � ., construed as though auch' unenforceable provision were not a part
<br /> . ' . hereof or thereof.
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