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<br /> • �a�ta ��rr os �TS RIbF1t -�_-�---
<br /> �. , ,�:~rrfir ---
<br /> �� • �ia Assiarn�c�rr oF ��rrs �ia�a io mado and o:.autiod thi•
<br /> - �� 5th day o! �Auau_a , 19 9 �+ad io inaorporstod into �od ohall
<br /> ' � bo do�mad to amand�aupp�mont tho Mor�gago or pood o! Truet,
<br /> �,.'�_ �_ '<� . � hereinaftox roferrod to as tho nSeaurity inatrumaatN, of the eamo �,,�_,_�.
<br /> � - H `� - datv qiv�a by tha undoreiqnod, horeinefter ref�rred to as tho `� �� �'
<br /> .' ; . ..
<br /> ,. �BorrowarN, to eeaure Sorrowor�s indebt�dnoee, heroinaftar
<br /> • � . reterrad to as tha NN�tAN� to HOM� FEDER�L BAViNaB 11�iD LOAN
<br /> • ]1890CI�1TION OF aRIIND ISLAND, hereinafter referred to ae the
<br /> - ' � nLenderN, of the eeme date and covering the property desaribod ia ��'"
<br /> - _ � � _ , tho Saaurity Instrumeat auad loaated ats
<br /> �. ., - -
<br /> ,�,�: � . • �° 2021 W State Granci Island, NE 68803
<br /> _�� � (propertiy A r000)
<br />��i� .„
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<br />��':y � w=T��ss��:
<br />-:.r:: .. � .
<br /> �;�� ' ;� � �� WN�REIIR, Horrow�r and Londor hava t�qra�d that aay rants and
<br /> _ r,.. . . _. .
<br /> � ' � " ° pratit• at�rl.butablo to tho property should conetituta additioasl � ��-���-�---
<br /> � � oaaurity to tha L�ndar for tho paymont oi tho niotef �
<br /> . .,,�. �1oW, THEREFORE, iti is aqreed thati �he Seaurity Ynetrumonti �`""
<br /> � � " ahall be amondod horoby ead deamod to inaludo tho lollowi.ng pro- �� y. �.".�.
<br /> .. ..�';'� viaione: --
<br /> „ �� • ; 1. Ase�qn�!ent of Rente and Lender Rentnl Colleation Riq�. ������'
<br /> � ' 8orrower hereby r�beolutely and unconditioaallp esoiqne nll rents, � �--�- '
<br /> , ' iesuee aad profite of the property to Beae�icinry. Lender ahall -'"�
<br /> - ' •M• hdve the right, power and authority during the continue�nce of the -_
<br /> �- -_-,-- -- 3ecurity inetxumant to col3ect the rents, issuea eind p�oiiLe� o=
<br /> � the property and of eny personal property locdted thereon with or ,_ -
<br /> . wi�hou� t�king poesession of the property aftected hereby. �,.`
<br /> Lender, however, hereby consente to Borrower•e collection a�nd
<br /> � • ' . retention of such rents, iseues 4nd profite es they accruo and ..�„----
<br /> � become ayeble eo lon as Borrower ia not, e�t suah time, in �� ''�`�= �
<br /> P ► 9 -���-_-_
<br /> . dofault with res�poct to pdyment of any indebtednees aecured i;•�'i �-
<br /> . � " horoby, or in the performance of any agroemont herounder. �__::_•K��. -�-
<br /> , . L�;,-.s���1T_-"s_: --
<br /> � 2. ,BQ�oointment of tteceiver. If any eveat of dofault in ..::u=�._ �
<br /> roepect to tho Soaurity instrwnont ohall havo oacurrod and be �"� "`-
<br /> � � continuing, Lender, ae a matter of right and withouti notice to . ����� �� =a�._
<br /> �•- � Horrower or anyone claiming under Horrower, end without regard to ..
<br /> ,� the value of the trust estate or the interest of the Borrower
<br /> � �������� ;;, therein, ehall ha�ve the right to apply to any court having juris- ' , �
<br /> , , diction to appoint a receiver of the property.
<br /> ` �,:;W,
<br /> .. ,. ..'
<br /> y �� 3. j�i,qht to Poasesaion. In case of default in the payment �r_ � ` `
<br /> � of the se�id principel Note or interest, or nny part thereof, ae � »'-��
<br /> �.
<br /> �' �� it ehall mature, or in the caea of failure to kaep or porform any �:
<br /> ' � ' � of tha covonants or eqreementa contained in the 8ecurfty Instru- � .•""
<br /> ment, then the Lender, ite eucceseors or eAeigns, ehell be and ie ,
<br /> � hereby authorized a�nd empowered to take l.mmodiate poesession of r
<br /> ' .. the eaid premises therein described and to colleat the rente �
<br /> therefrom, and to epply the proceeds thereof to the payynent of �
<br /> tho Note. c �
<br /> � I
<br /> 4. 8pplication of Rente. Iesues and Profits. All rents � ,
<br /> collecLed by Lender or the receiver ehall be applied firet to
<br /> . payment of the coete of management of tha property and collection .
<br /> af rente, including, but not limited to, receiver's tees, premi-
<br /> ume on receiver's bonds end reasonable attorney's fees, and then
<br /> , to the eume aecured by the 3ecurity Instrument. Lender and the
<br /> receiver el:all be liable to account onl}� for those rents actually
<br /> s__ ..i. ...i
<br /> . �•-�. _... . . . - iYVYi�YM•
<br /> 5. �onstruction of Provisiona. Ench of the provieions con-
<br /> ; tained in thie Aesignment of Rents Rider and the 3ecurity Instru-
<br /> � ment ehall, unleae otharwiea spsaifically roquf red, bo aoaatruod
<br /> ` � ; it► accordance with Nebraska law, and in the event any provieion
<br /> i herein or therein contained shall be determined by a court of
<br /> ' competent jurisdiction to be unenforceable, the eame ehell be
<br /> 1 construed as though such unenforceable provieion were not a part
<br /> ' hereof or thereof.
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