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<br /> �.: ..: � ASSTONI�LNT OF NTB RID�B►�� '"� 1��
<br /> .- -� •�y'..
<br /> r;:. � ;� '�'�.
<br /> �.,•�j��^, s� � � THIB ASSIONMENT OF RENTB RIDLR ia made and exoouted thie
<br /> ��,�, „ . , • 10TH dey of AUGUST , 19 92, end ie inanrporated into end ehall
<br /> - �.;.:�=.�.�.,r��_,...:.;_ be aeemed to amee an eupp�mont the Mortgage or Daed o� Truet, �
<br /> hereinafter roferred �o ae the ��Security inetrwaentn, of the as�ae
<br /> �' *�°- • ; ��; ' � date given by the undoreigned, hereinafter referred to es the
<br /> '�� � "Borrower", to eaeure Horrower•e indebtednQSe, herainafter
<br /> �S�MY�..a�.YM.:.r.i�•��
<br /> �� ,�"','�""`..'.�"�.: referred to as the "Note��, to HOME FEDEItAL SAVYNGS AND LOAN
<br /> °�'•-•' � �� ASSOCIATIUN OF GRAND ISLAND, hereinafter referred to ae the
<br /> °,, ..,.':: .
<br /> �—� ' � "' ' ��Lender", of the erame da�e end coverinq the property deearibed in _
<br /> .__.�, ,...:.�.�
<br /> �° �, � the 8ecurity inetrwaent end located at s
<br /> ��:,. � ..��
<br /> � � o � . . ` 1619 S. GRETCHEN, GRAND ISLAND� NE 68803 •
<br /> � r "',.�.:� ,�:t (Proper y A ress)
<br /> -_ . wiTN�sa��:
<br /> :�.�:�;_�_�".. ..� ' �_
<br /> ��:��.-' W8Lit6A8, Horrawor and Lender bave agreod that eny rente aad
<br /> � ;, ' profite attributable to the property ehould aonstitute additional
<br /> - ; - ,-'-� " - - � - seaurity to tihe Lender for the payment of the Notep �
<br /> _ � . �a
<br /> > NoW, THEREFORE, it is agreed �hat the Becuritiy Ine�rumont
<br /> � ehall be maended' horvby aad deemed to inoludo tho followiaq pro-
<br />.� •� � ' " � viaions:
<br /> � " 1. ���+ment of Rente and Lender Rent 1 Colleetion Riahta.
<br /> �' Borrower hereby ebeolutely and unconditionall aeeigne all rents,
<br /> _._.._.. . :...�.. . .
<br /> . _. _ - - -
<br /> ; , � iesueB and progite of the property �o Bendiie ary. Len�i�r shsl
<br /> have the riqht, power and authority durinq the cvntinuance of the -
<br /> Security Inetrument to collect �he renta, iesues and profits of
<br /> � the property and of any pereonal property located thereon with or
<br /> ��' without taking possession of the property affeated hereby.
<br /> '""' �� Lender, however, hereby consents to Borrower's callection and
<br /> . retention of euah rents, issues and rofite ae they accrue and
<br /> ,..__ : _ .
<br /> � "' � become payable, so long ae Horr�owex e nat, at such time, ia -
<br /> ° ' ' '��;,. " default with respect to payment of any indebtednees eecured
<br /> ;��c . ,
<br /> •.;; � hereby, or in the performance of any agreement hereunder.
<br /> '�, , -� 2. ,�ooT intment of Receiv�. If any eveat of default in
<br /> , .� , . reepect to the Security xnstirument shall have occurred and be
<br /> � continuing, Lender, ae a matter of right and without notice to
<br /> � .. ��`� Borrower or anyone claiming under Borrower, and without reqard to
<br /> ' the value of the truet eatate or the interest of the Borrower
<br /> � . therein, shall have the right to apply to any court havinq juris- ���
<br /> � ;, diction to appoint a receiver of the property. _
<br /> . � .. ..
<br /> � � � 3. R{Rh* to Posseesion. In case vf default in the payment =
<br /> �� � � of the eaid prinaipal Note or interest, ar any part thereof, as
<br /> ` it shall mature, or in the case of failure to keep or perform any `-
<br /> , 1 �� �� of the covenante or agreemente contained in the Security Instru-
<br /> ent thQn the Lender its euccessors or aseiqns, ehall be and ie �
<br /> �� hexeby authorized and�empowered to take im.-nediate possession of �
<br /> the said pr.emises therein described and to collect the rents ��
<br /> . �' therefrom, and to apply the proceede thereo� to the payment of i.
<br /> the Note. `
<br /> 4. At��e� �aat{on of Re te. Iesues and Prof ite. All rente �.
<br /> .. � collectedlby Lender vr the receiver ehall be applied firet to
<br /> payment of the coste of management of the property and collection
<br /> � � of rente, including, but not limited to, receiver's fees, premi-
<br /> Wi16 UA L'@C@lV@t'B AOIlQB ElilCl L(iCtkiU11qY1et at�.l�.vii�aY�o ioao� ui�� .�'.iiv�•
<br /> � to the suma secured by the Security Inetrument. Lender and tihe
<br /> � receiver ehall be liable to account only for those rents actually
<br /> � received.
<br /> � � 5. Construction o� Provisione. Each of thv provieione con-
<br /> `� tained in thia Aseignment uf Rente Rider and the 3ecurity Instru-
<br /> mer�t ehall, unless otherwise speaifically rQquired, be construed
<br /> . in accordance with Nebraeka law, and in the event any provision
<br /> herein or tlierein contained shall be determined by a court of
<br /> . . . competent jurisdiction tv be u�enforceable, the eame shall be
<br /> " ' cot�etrued as though auch' unenforceable provision were not a part
<br /> � hereof o�c thereof.
<br /> ! � �
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