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<br /> A98IaNMENT OF �FNTB RIDER •
<br /> '�i°'"""k"'�'°� THIB A88IaNMBti'1' OF RENTS RID�R is made and exeauted thie -_
<br /> � .,,� 31ST d�y of _ ��X , 19 , and ie inaorporeted into and ehall
<br /> �e deemed to am�en a�-eupp�ment the Mortgage or Desd o� Trust,
<br /> - :�,.:ti.�:: ';�, .. hereinaft9r re�erred to ae t;,e "security Inetrument", of the eame
<br /> ' M � date qiven by the undereigned, hereinaf�er referred �o ae the �_
<br /> - ,�. f:,�'�.''�';'�;��.,, NBorrower", to sACUre Horrower'e indebtednese, hereinafter
<br /> � - referred to as the "Noten, to HOME FEDERAL SAVINaB AND LOAN
<br /> ----_�'_�wA. � ,;��^____ ASSOCIATION oF (iRAND ISLAND, hereinafter referred to as the
<br /> -�;.----�, ��Lender", o� the eame date and covering the property described in
<br /> _ "������ 'f'"" the 8eaurity Inetrwaen� and loaa�ed ats
<br /> �--,:.;,� .: � -_.
<br /> -Ti'�rffi.'- -l..;x:�`:.1• .
<br /> .� 50Ls N. IACUST, GRANA ISLAND, NE 68801
<br /> y�_... ,.*:.. *
<br /> � •, �.Yer l,, .� , �Pr.opes�y A r.e88�
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<br /> -�¢"" � '""��'�� WH�REI�S, Borrower and Lendax hava agreod that any rente eind _ _
<br /> ' � tY � � °���` profite attributable to the property ehould aonetitute additional
<br /> ° � � � � ' eeaurity to the Lender fvr the payment of t he No te;
<br /> • � �z . NOW, THEREFORE, i� ie agreed that the Security Inetrument
<br /> shall be e�aended'�heroby aad deemed to inalude tho gollowinq pro-
<br /> .. .• . ' •. ���' viaioas:
<br />_ ��'��_�-.---•-` 1. ���*+��+� O� RAt1�R and Lender ReRtal Colleation Riyhte. �,Y.�;
<br /> � � ` � aorrower hereby abeolutely and unaonditionally aseigne all rente, �:�.,
<br /> . t Y.��
<br /> � '" iseues and rofite of the ro ert to Heneficia Lender ahall
<br /> ..- — �=' " -'���'``�- have the rigitt, power and authorfty dur�.nq thR ontinuance of the _
<br /> � � Securi�y Instrument to Qollect the rents, issues and profite of
<br /> �,. ` . the property and of any pereonal property located thereon with or
<br /> • withaut takinq poasession of the property affeated hereby.
<br /> ?P!'�'. . � Lender, however, hereby, coneqn�s�.�0 8orrower's collection end
<br /> retention of euch rente•, �issuqe aad profits ae they aacrue and
<br /> become payable, so loag ;�e'_BorrOtirer ie not, at such time, in --
<br /> '� �:� default with respect to payment of any indebtednese aecured
<br /> � .. .< <.+�- . hereby, or in the performance of eny aqreement hereunder. ��-
<br /> �; •.. . . _ --
<br /> . ��s,.. .
<br /> 2. ,�ov{ut�euf of Recetver. If any event of dofault in �
<br /> �"� �,��. •, , respeat to thA Securi.ty Instrument ehall have occurrod and be
<br /> . �'' continuing, Lender, as a matter of right and without notice to �w-
<br /> , �.��" ��.. Borrower or anyone claiming under Borrower, and without regard to �`__
<br /> ..F the value of the trust estate or the interest of the Borrower
<br /> � ;�, �., therein, ahall have the right to apply to any court having juris- L _
<br /> ° � diotion to appoint a receiver of the praperty. -
<br /> . I'�� : :;� � 3. Riqht to Posaeaeion. In case of default in the payment ���-
<br /> , { � •� of the said prinaipal Note or interest, or any part thereof, ae ��-
<br /> • � : it shall mature, or in the caso of failure to keep or perform any _
<br /> �� ?'�'�' of the aovenanta or agreements contained in the Security Instru- �:�-
<br /> ment, then the Lender, its eucceseore or aesigns, ahall be and ie
<br /> , ' hereby authorized and empowered to take immediate passess3on of ��
<br /> , the said pr.emiees therein described and to collect the rente �
<br /> � �`: therefrom, end to apply the prooeeds thereof to the paymenti of G..:.,
<br /> the Note. �' •
<br /> . ,.
<br /> " 4. �yo� �aat�on of Rents, iseuea and Profite. All rents � �
<br /> „ collected by Lender or the receiver ehall be applied firet to
<br /> � � payment of the coste of management o� the property and collection ,
<br /> � of rente, including, but not limited to, receiver's feos, premi-
<br /> � ums on receiver�e bonde and reaeonable attorney's fees, and then ,
<br /> - '"------ tn tho auma aarnfra� hv f�ha 9acur3tV instrument. Lender and the
<br /> . receiver ehall be lfable to account only for thvse rente actually
<br /> re�eived.
<br /> ' � 5. ��truction of Provisiona. �aah of the proviaivns con-
<br /> tained in this Assiqnment of R�nte Rider and the Security Instru-
<br /> `� ment shall, unless otherwise Apecif3cally required, be construed
<br /> �• � � in eccordance with Nebraska law, and in the event any provision
<br /> � herein or therein contained ehall be determined by a court of
<br /> cvmpetent jur3sdiction to be unen£orceable, the eame shall be
<br /> ; : � conetrued ae tihough such'unenforce$bls provision were not a part
<br /> - hereof or thereof.
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