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<br /> � TNIB A88IaNMLNT OF RE�8 RIDER io maae And exocuted thie
<br /> � �f�-r��y� 15th d� ag 7uly , �,g92 , and ie incorporated into and ehell
<br /> .'::. ;�. • • , .. Y
<br /> '� ry' :_'•�� e�'deemed to a,ne�anTeupprement the Mortgege or Deed nf Truet,
<br /> . ,:.. �-.. __ _
<br /> :, � �
<br /> � :ti. _�,;,:;.,��;t; hereinafter roferre� to ae th� "8eaurlty Instrument", of the eamo
<br /> ;���;�}�,,�� dete given by �he undereigned, hereina�ter referred to as the
<br /> . •n.�..;,,.��.:;a "Borrower", to secure 8orrower's indebtedneea, hereinafter
<br /> — ' ' � . referred to �e the "Noten, to HOME FEDERAL SAVIN(3S AND LOAN
<br /> ;�_;� , . ° �.� ASSOCIATION OF GSRAND I3LAND, hereinafter referred to as the
<br /> - ---, - "Lender"� of the seme date �nd covering the property described in � __
<br /> `� ° ���� the Seaurity Inetrutoont and loaeted et:
<br /> �..�a.,� �6 �..� .
<br /> '�° ' � 94Q S North Road. Grand Isla�d Ne 68803 -
<br /> �`�� '� •;^ � �Proper�y rese) _
<br /> ��L �� ,;,M —
<br /> -°��� � � WITNBg86THt
<br /> ,s.�r;� - , �
<br /> Ws�REAB, Borrowor and Lender dave agrood that any rents ead
<br /> _- � � profite a�ttributabl� to the property should constitute additionel
<br /> �-.�; �--�- .._ t of the N�ta ----
<br /> security to the Lendcr for the pay�nen f - -
<br /> .,,�•' � � . '"� NOW, THEREFORE, it is agreed that the 8ecurity Instrument �'��,�;
<br /> � shall be auaended'heroby end deemed to inalude the �ollowing pro- __
<br /> '`�-�;� ° �• - visione s —
<br /> -- �� • � 1. 8ejatLent of Re�*s and Lender Rental Colleotion Riah�s. �h�:
<br /> � � _,,__ Borrowar hereby ebeolutely and unaonditionall aesigne all rents, ���•%.��
<br /> " - --
<br /> - - isenes and profite oE the property to Heneflc a��. Le�ider shal�
<br /> have the right, power and authority during the contin��ance of th� �=-
<br /> _ Security Inetrument to collect the rents, issues and profite of `".r'
<br /> � the property and of any personal property loaated thereon with or ��____ �y
<br /> � �� - . withaut takinq possession of the property affected hereby. -�:�`�"- _
<br /> .�,�:, ' -
<br /> `��� Lender, however, hereby consents to Borrower's collection and � ��-�- �-
<br /> ,�:,.�.. • -
<br /> � retention of euch rente, iesues and profite ae they accrue and `.�a��••:�•°
<br /> -�� � • become payable, so long a6 Horrower ie not, at such time, in .
<br /> `� . default with respect to payment of any indebtednese secured •°-�y- -
<br /> rt �� � hereby, or in the performance of any agreement hereunder. -.�x:�.:
<br /> :'�; >"� =�._.
<br /> �° �� 2. Anno!ntment of Receive�. if any event of default in ��`
<br /> � res eat to the Securit Instrument ehall have occurrod and be " �''-�� '
<br /> �''� , . P Y ����w;=
<br />- , continuing, Lender, as a matter of right and without notice to -,;:���-_
<br /> ��= � �'� Borrower or anyone claiming under Barrower, and without regard to
<br /> � � � the value of the trust estate or the interest of the Borrower ��
<br /> therein, shall have the riqht to apply to any court heving juris- ,•l.�`_z= �
<br /> dicticn to appoint a receiver of the property. •`���'�=���
<br /> �'' � . 3. Riqht to Possession. In case of default in the payment _,
<br /> -�,.,�-..
<br /> 4 �_, ' • . of the said principal Note or interest, or any part thereof, as � �
<br /> � � •-� it shall mature, or in the case of failure to keep or perform any � '
<br /> � � � of the covenante or aqreements cvntained in the Security Instru-
<br /> � ment, then the Lender, ite euccessors or assigns, shall be and is E
<br /> hez•eby authorized and empowered to take immediate possession of �
<br /> ' the said pr.emises therein described and to collect the rents
<br /> ��; � therefrom, and to apply the proceede �hereof to the payment of
<br /> �� • the Note. '
<br /> . ,
<br /> • 4. gpn�j.cnt,ion of Rente. is$ues ancL Profits. All rents ' �
<br /> � collected by Lender or the receiver shall k,e applied first to
<br /> ., payment of the costs of manaqement of the property and cvllection
<br /> ' nf rente, including, but not lim3.ted to, receiver's fees, premi-
<br /> �—__ _ _i_ L__�_ _� _� �_ _,.�_........•,. e...... ..a �.ti....
<br />--' -' , .- ' - � ILllei Vil LCVtttvtsi�es uvuuta auu LCGiOV1lCIV 1C aV bVt�lOr o a.vco� �aaau a.uaaa
<br /> to the ewr-� eecured by the Security Instrument. Lender and the
<br /> .. receiver asliall be liable to account vnly for those rente actually
<br /> - reaeived.
<br /> 5. Construction of Provisione. Each of the prvvisions con-
<br /> �� tained in thie Aseignment of Rents Rider and the security instru-
<br /> ment shall, unleas otherwise �pecifically required, be conetrued
<br /> in accordance with Nebraska law, and in the event any provieion
<br /> � herein or therein contained shall be determined by a court of
<br /> competent �uriediction to be unenforceable, the aame ehell be
<br /> construed as though such' vnenfo:caabls provision warQ not a par�
<br /> � hereof or ti�ereof.
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