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<br /> �': ��:--, ` � � A88IC3NMENT OF RENTB RIDL�'"` 8
<br /> ` THIB ASSIaNMENT �F' RENTB RiDER iQ made and executed rhie
<br /> ����:�'����' . 16thd�y of July , 19 92� and ia inaarporeted� into And ehall
<br /> ,�e deemed td emen a�n eupp�ement the Mortgege or Deed of Truet,
<br /> e
<br /> �,"' " �;_..�r, hereinafter referred to ae the "8ecurity InetrumentM, of the saune
<br /> � ��`�j�-', �' - . date iven b the underai ned, hereinagter referrsd to as the
<br /> �---___ ....��.
<br /> �,�, . 3. . 9 Y 9
<br /> . � , ��"�� ��Borrower'•, to secure Borrower's indebtednees, hereinafter
<br /> ._ . � .� � �;;�: referred to ae the "Note��, to HOME FEUERAL 9AVIN(39 AND LOAN
<br /> ,— �,,�_„_, �.� .°.�b ASSOCIATION OF (3RAND ISLAND, hereinafter referred to ae the ___
<br /> =�� a�.�::�•.�- � ��Lender", of the same date and coverinq the property described in _
<br /> __._ • ��'� the 8ocuri�y Instrwaent end located ats
<br /> _ �.
<br /> _ � �a�� 20 Kuester Lake� Grand Island� NE 6BBa1
<br /> :.s;.. �'�� r � Property A rees)
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<br /> --°— . , WITN�8B8THs __
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<br /> _�':� - „ � --' WHLR�IIB Horrowar and Lender have agreed tha� e�ny rente and ::__
<br /> -_- - profite ettr�.buteble �o the property shoe�ld constitute additional ��°�� -'_- -
<br /> � . ;,�- geaurity ta the Lender for the paymen� of the Note;
<br />- _ , .. �•---- -
<br /> ; . ' NOW, ^aHEEtEFORE� it ie aqrsed that the eeaurity Inetrument
<br />- •• ' shall be a�aended'hereby and daen►ed to iaclude the follawiag pro- ____
<br /> _;s � ," .'�� ` visione s
<br /> _ � �� � �r' - .ir..
<br /> 1. es�crc�en� of Rents and Lender Re tal Collection Riahts. _____
<br /> - � �� Borrower hereby ebeolutely and unaonditionally aseiqne all rente, -a=---.
<br /> .--:�.::�'•. � issues and profite of the property to Beneficiary. Lender ehall ��"_'�;R_-�--
<br /> ,.-= � - •�"` havs tttc right, potirer and authority during the continuance of the ��� . ._
<br />� " � � , • Security instrument to collect �he rents, iseues and profits of �y_�v_..,_�
<br /> - �. � �he property and of an personal property locatied therROn with or _
<br /> � � ., withou� taking possese�ori of t6e property affectod hereby. -==_- -
<br />- ' ,�,;, '� R Lender, however, here�jt''�nsente to Borrower's collection and �
<br /> � retention of such ren�t�,:; i�ues and prof i�s as they accrue and
<br /> � become pa able, ao lonq aie Borrower is not, at such time, in _,;,_�-;__
<br /> �. � defeult w�th respect to payment of �ny indebtednese secured ==- --- -
<br /> �� hereby, or in the performance of any aqreement hereunder. ��_°="`
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<br /> � � 2. �r,t,dointment of Receiver. If any event of default in :�,�,�,.:�:
<br />' . � respact to the 8ecurity Inetrument shall have occurrad and be �:�_��,._
<br /> �-� ' continuing, Lender, as a matter of right and without notice to `'`'�
<br /> ; ���- � Borrower or enyone claiming under Borrower, and without regard to
<br /> ���� � • the value of the truet estate or the interest of the Borrower
<br /> � , t to a 1 to an court havin uris- �� __-_.-
<br /> therein, ehall have the righ pp y Y 9 j
<br /> � , d�.ation to appoint a receiver of the property. `'��-
<br /> i%-�.:�:�..
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<br /> `A�_ 3. Riqht to Posseesion. In case of default in the payment �k*�:�F'- _
<br /> - of the said principal Note or interest, or eny part therevf, ae -_
<br /> „� � , it ahall mature, or in the case of failure to keep or perform any , --
<br /> . �� . of the cvvenants or agreements contained in the Security Instru- ��
<br /> � � ment, then the Lender, ite successors or asaigns, shall be and is
<br /> �� -..�� - heraby aut horf zed and empowered to take 3mmed ifli:R ��casc�esion of �
<br />. the said pr.emises therein described and to collect the rents ;
<br /> ��� therefrom, and to apply the proceede thereof to the payment of �
<br /> . . the Note. •
<br /> � 4. .*,�rn���nt�o of Renta. Iesues and Profite. All rente ' �
<br /> collected by Lender or the receiver shall be applied first to
<br /> � � payment of the coete v� management of the property and collection
<br /> � of rente, including, but not limited to, rece.iver•s fees, premi-
<br /> . � ums on receiver•s bonde and reasonable attorney�s fees, and then �
<br /> to the sums secured bv the Securitv instrument. Lender and the
<br /> receiver ehall be liabla to account only for those rents actually
<br /> � , received.
<br /> 5. Construction of provisione. Each of the provieions con-
<br /> . � �� tained in thie Aesiqnment of Rente Rider and the 3ecurity In�tru-
<br /> ment ehall, unless otherwise specifically required, be construed
<br /> in accordance with Nebraska law, and in the event any provision
<br /> herein or therein contained ehall be determined by a court of
<br /> competent jurisdiction to be unenforceable, the same shall be
<br /> • conatrued ae though such' unenforceable provieion were not a part
<br /> ' ' hereof or thereof.
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