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<br /> • �{,;..�e.A i�$8Ia NT OF RENTS AIDEIt .7L� �v I��� --°__-
<br /> � r. . h .
<br /> .�;, „ THI8 1188IGNM�li'P Or Ii�NTB RID�R i• maao and o:•autvd thio
<br /> ,�����'���-�' � 6th day ot A , 19 , and io inaorporata�d into end �hsll _
<br /> ,� ; b n, �4amod tn aaon an supp�mont the Mortgago or Deod o! Truot, ---
<br /> ,:� � hox�inatt�r r�larrqd to a�a tho �8oaurity inotrumo�t", o! tho eaaw
<br /> ��'��"'� � date qiven by the undereigned, horeinetter ret�r�ed to ae th� �_ _ - ____ _
<br /> � . ' MBorrowor�, to oocure Horrower's indebtednoae, beroiaaftes --
<br /> � ,.. reforrod to as tho "Dlote", to HOME BED�R�i. 811ViN08 11�TD L011LI
<br /> , �BSOCIATION oF OR11ND ISLAND, herein�fter reforred tio as the �-
<br /> - �'° : � ' n MLendarN, o! the 4e�ae date and aoverinq tho proportiy dosoribad ia �•��`���-
<br /> - � � ..�, tho Socurity Ins�rument and loaated ats
<br />.._`,iT.= .
<br /> �a 723 W. 15th St. Grand Island NE 68801
<br /> � ' �
<br /> - �.,,�¢� , � (Property A dreee�
<br /> ,��� , ,::� .
<br /> �"' ,� �• WITDI�SSBTH: �
<br /> .�. .. -
<br />_;;;� �•, , � .-��� �'' �vHEREl18, eorrowar aaci Lender have aqreod that eny rente and
<br /> .�,;�;��� - , �. profite attributable to the property ehould aonetituta additioasl � �- �-�
<br /> •- eoourity to tho Londar !or tho payment of the �Iotef
<br /> - ' NOW� THEREB'ORE, it iA sgraad that tho Boauritiy Inetrumont
<br /> �.: �dell bo aa�nd�d h�roby and do�m�d to iaoludo tho gollowiaq pro- �- �^
<br /> � � vi�ion�: a;-i:�_=
<br /> -- � s.:ra,.�=
<br /> „ 1. Aaa���!ent nf Rente nd Lender Rental Collection R!ahte. ��r-�_ -
<br /> � ' Borrow�r horoby abeolutely and unconditionally aesigne all rente, ' '.-�_.
<br /> � " iesuas aad profits of the property to Beae�icinry. Lender ehall ,
<br /> � have the right, power and authority during the continuanae of tha �. _,�_ _:__
<br /> '�!�.�:> � _ security inetrumont to collect tho rentar iasuee end profita of __,� ._-•' _ _,-_
<br /> .T , the property end of any pereonal property loca�ted �hereon with or _ _
<br /> without taking posaeseion of the property affected hereby. � �`°'
<br /> . I,ender, however, hereby consente to Sorrower's collection dnd �° �"
<br /> . retention of euch rents, iseues end profita ae they accrue and ��
<br /> ,_ become payable, so lonq as eorrower is not, at such time, in
<br /> � � default with respect to payment of any indebtedness secured ._,.,..,,.,. ... "
<br />, ' , � hereby, or in the performance of any agreeawnt horQUnder. -_`�'��-,_
<br /> ' 2. Anoointment of Receiver. if an ovent of dQfault in " "'"`f°"�� ~
<br /> � ... . Y . •�.: � :��
<br /> raepeat to tha 8oaurity Instrwnont ehall havo occurred and be .^;;:
<br /> � aontiauinq, Lender, as a matter of right aad without notice to �. ��
<br /> >� „ �� Borrower or anyone claiming un3er Horrower, and without regard to �
<br /> ;�' the value of the trust estete or the interest of the eorrower ' �
<br /> ' ,�._�., �, therein, ehall ha�ve the right ko apply to Any aourt having jurie- � ���_=--
<br />� � • diction to appoint a receiver of the property. � . �°�=-j
<br /> �. . � .,xr_
<br /> �� � 3. Riqht to Possession. In case of default in the paymeat ����;:�
<br /> of the swid priacipal Note or intezest, or any pa�rt thereof, as �, «.� � `_
<br /> � • it shall mature, or in the case of failure to koep or perform any � �-��
<br /> �• of thQ covenante or aqreemante contained in the Securfty Inetru- ����_:-
<br /> �
<br /> . ment, then the Lender, ite euccessore or aseiqns, ehall be and is .
<br /> .���" hereby authorized and empowered to take immediate poesession of
<br /> • . the said premises therein described and to colloct the xents � �•
<br /> therefrcm, and to apply the proceeds theroof to tho payiaent of
<br /> tho Noto. �.
<br /> � , 4. $nnlication of Rente, iseuee and Profite. 1►11 ronta �
<br /> collected by Lender or the receiver ehall bo applied firet to
<br /> pnymen� of the coste of management of the property end collection .
<br /> of rente, including, but not limited to, receiver�s fees, premi-
<br /> � wns on receiver's bonde and reaeoneble ettorney's fees, and then
<br /> , to the aume secured by the 3ecurity Inatrument. Lender and the
<br /> receiver ef:all bo liable to account only for those rents actually
<br /> � � recoivod.
<br /> 5. Conetruction of provisions. Each of tho proviaiono con-
<br /> � ., tained in this Assiqnment of Rents Rider nnd tho Socurity Inotru-
<br /> ment shall, unless otherwise Rpecificelly roquired, bs construed
<br /> in accordance with Nebraska law, and in the event any provision
<br /> ` herein or therein contalned ehall be determined by a court of
<br /> competent jurisdiction to be unenforceable, the eame shell be
<br /> conetrued as though such unenforceable provision were not a part
<br /> hereof or thereof.
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