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<br /> .. ' ;`�''�`r: � _ ' t��'!E:�• "t 118AI I�ULNT O�' RENTS Rj,QBB ' 92�0�984 _
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<br /> � ":. . � THi6 A88IaNMENT O�' R�N�B RIDLR io made and exeauted thie
<br /> h. ,,, . �r::�:�- 7TH de�y of RUGUST , 19 fl2, end io inoorporatad into end ehall
<br /> , .�;,. �.•
<br /> .�'.„ . e�c�eemed to emen en e�ppl�monx the Mortqege or Deed of Txust,
<br /> � ._..:
<br /> - �--�-" -- � hereinAfter roferrqd to eo thv "Heaurity Inetzumeutn� of the same �-------•-__-_-
<br /> ��o':�` ' ���'° . ., date given by the undereigned, horoine�ter reforred to ae the
<br /> _ t 6=.JN :�� "Borrower��, to eeaure 8orrower'e indebtednoes, here�nafter
<br /> �=�; ° � r�ferred to as the "Note", to IIOML F'EDERAL SAVlN(38 AND LOAN
<br /> `4:'.�'- � A9SOCIATION OF t3RAND ISLAND, hereinafter referred to se the
<br /> __�_�; 60�
<br /> -- :. ��Lender��, o� the eame date and covering the property described in �'��'
<br /> - ,� , the Beaurity Inetrument and located art -
<br />�nw:�; � ` 3454 SCHROEOER AUE., GRAND ISLAND• NE 68903 .
<br /> _— �:...,. ;. . (8roperty A ra�a)
<br />- ._.. :.� . .. .
<br /> WITN�SS�TH=
<br />' ' WH�RE,AB Borrowos and Lender heve egr4ad that eny ren�s and =_- i
<br /> „ ; profite �ttr�buteble to tho property ehould Qonetitute additional
<br /> ,. � security to the Lender for the peyment of the Notep _
<br />' �47�a1R�+a�Y4'
<br /> � �� � • ��;�, NOW, THEREFORE, it is agreed that tha Seaurity Inetrument �;.
<br /> ` ehell be a,nended'heraby and daomod to inaludo tha following pro-
<br /> - ' � " •r vieione:
<br /> ,. � �� �,op��+men of Rents and Lender Rental Colleation Aiahte. `-
<br /> . Borrower hereby absolu�ely and uneonditionally eseigne all rente, �� .
<br /> _ _-- =_ ;�— laeues ancs prafit� of the propQrty to Benef��i.nry. t�wnder ehall
<br /> � �� have the riqht, power and authority during the continuance of the
<br /> � ' Security Inatrument to collect �he rents, iseues and profits of -=--___
<br /> the property and of an perso»al, roperty located thereon with or ����"`"�
<br /> � without taking posses��oq�,��.,,�he' roperty affeoted hereby. _--�
<br /> s�'� � Lender, however, �,erebys�aot�q � porrower�e collection and '�"��'�`-
<br /> retentfon of auch rents;' i��'fi�'Atx '�rofits aa they accrue and ����°
<br /> � �• �-- bc�COine payable, so long as eorrowor s not, at such time, in �'��"'""= _-�--
<br /> • � � ° � � dsfault with reapect to payment oE any indebtednesg secured �- ---••�-�� °
<br /> � hereby, or in the performance of any agreement hereunder. �'��;�_
<br /> ; ' ' ..��
<br /> f• �� `„.. :.__.
<br /> � 2. A,�O�^}!!!Rn� of Recetver. If any event of default in ��±L«�-r _.
<br /> j� � respect to the SeQUritiy Instrument ehall have ocaurred and be �� ' � .
<br /> % � cvntinuing, Lender, as a matter of riqht and wi�hout notice to �--;
<br /> ( . • , Borrower or anyone claiming under Borrower, and without regard to �. �� �.���-
<br /> � m the value of the trust estate or the interest of the 8orrower
<br /> ' '� � therein, ehall have the right to apply to any court havinq jurie-
<br /> „ diction to appoint a receiver of the property. .r��- __
<br /> �= . r�., _..
<br /> 3. g,�,aht to Posseseion. In case of default in the payment --.�:;, rv
<br /> of the seid principal Note or interest, or any parti thereof, ac� � =�-.
<br /> it shall mature, or in the case of failure to ksep or perform any . ���
<br /> . of the covenants or aqreements contained in the 3ecuri.ty Inatru- ,
<br /> ment, thon the Lender, its succeseors or assigns, shall be and ia t.
<br /> � hereby authorized and empowered to �ake immediate poeseesion o� E•
<br /> , .� the said pr.emises therein described and to collect the rente i
<br /> therefrom, and to epply the proceeds thereof to the payment af
<br /> the Note. '
<br /> 4. 8{�olication of Rente.��sues and Profite. Al1 rente �
<br /> J collected by Lender or the receiver shall be applied firet to
<br /> � t payment of the coste of management o� the property end collecti�n
<br /> o£ rents, .tncluding, buti not limited to, receiver's ioes, premi-
<br /> ---- �--- -- -,J .�..,e ,,.. .�e..o{..ar�c hnnAc anA roacnnahla attnrnav�a faoa. Anri *hon
<br /> -- --.. - ,.- -_ ..... . ....,.,....,.. - -- - -- ---- ----- ---------. - -- -. -- ---
<br /> to�the swna secured by thQ security ino�trument. Londer and the
<br /> � receiver shall be lieble to aacou�at only for thoee rents actually
<br /> � reoeived.
<br /> � 5. Construction of Provieions. Eaah of tho �rovieione aon-
<br /> � ! tained in thie Aseiqnment o� Rente Rider and the 8ecurity inetru-
<br /> � ment shall, unlese otherwiee specifically requirc�d, he r.onatru�d
<br /> � in accordance with Nebraeka law, and in the event any provicilon
<br /> � herein or therein aonteined ehall be determined by e court ot
<br /> ' compatent )urisdiction to be unenforceable, the eame ehall bo
<br /> " , � conetruAd es thouqh nuch' unQ:i#orcQable provision wQrc� �ic,t n �►ni•t
<br /> hereof or thereof.
<br /> �
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