|
_ .Y _ _.
<br /> .a „�,� _ _ _
<br /> � . ���
<br /> � ,� . , �
<br /> - - ._._._.�__ ,� �,.-
<br /> . � ' ' „�WfR'.;"'rK*a�l�' � r"���'_ � ':Q::s�.= -
<br /> �,. .._.r�,,�..J_.
<br /> �a+...:�,.w-:jµ
<br /> . . �,
<br /> �.'�';:�'N ' .
<br /> - . f . f�t���ti t
<br /> -— - ---- _ �aain_IiM�HT QF g�LiTB ItIQaB .. "�� ��"
<br /> --=°=—,�aw�-�,�,��;�,,,tl r — _
<br /> � THIS ASSIG�IMENT OF ItENTB RIDER ia made and oxocutad thia
<br /> � n ��r.,-. �. � 30�h day of Jul , 19 9?� and ie incorporatod into awd ohell
<br /> ... ; " F�e�c eQn�ed to aaien en supp�ment khe Mar�gege or pood of Truet,
<br /> , !�,;,�"���§���:�,.y.�:"�+ hereinafter referred to ae tho.°Securi.ty Inetrwnent", of �ho aame � -
<br /> ��` ;�;;� date givei� by the undQreic�ned, hQre3nafter refarred to a�e tha
<br /> �� � '�`' '"� �� ��Borxower��, to secure Sorrower'� i.ndebtednos�p herQinafter
<br /> ►d;rr`�.�.�w:�
<br /> �� _• �egerred tu ae the "�lote", to HOML FEDERAL SAVIN(38 AND LOAN
<br /> — ��•�� ���� �' �' ' AS$OCIATION OF GRAND ISLAND, hereinafter referred to as the
<br /> °�4������`���=- "Lender", of the same date and covering the pxoperty describad in _
<br /> z- _- -
<br /> �-.�,:.� � �-1 � thQ Security xnatrwaent and located a�:
<br /> °� .. ��� '� 605 E 8ismark Rd, Grand Island� NE 68801
<br /> �° ��`� � � (prop�rty oee)
<br /> � � . y •
<br /> � WI'�NBS$STH s
<br /> ;��� � ` •� WHgREAB, BorrowQr and Lander riavQ dgread that any rente rnd ��°�
<br /> �._.1.
<br /> ''-r�",`�-�����'' - ~=-'� ari�e attributablQ to the property whould cone�itute additfonal �
<br /> x
<br /> ���� sQCUZity to the Lender for the payment o� the Note;
<br /> . :,, NOW, THEREFORE� it is agresd that the Security Inetrumont
<br /> , „ � „�:� ehall be a�aQnded' harvby and de�d to inaludo tha fvllowinq prv-
<br />• � v�.eione s
<br />- ' �� . a T.s.,ae,� Qani��l CO118Ct�.0A_B�a1ht8. �...
<br /> e---y
<br /> . � � ' 1. naa,�,�nt of Rents °°.� .�
<br /> .,. ._,.
<br /> •• '„ ' �,= Borrowar hQreby abaolutely and unconditivnally aseigne all rents,
<br /> `K�� -_ ,.:.- issues and pi:�€ita a f ths propc�ty to Henefi�i.�,r.y. Lender shall
<br /> o� ' have the right, power and authority during the continuance of the —
<br /> � Security Instirument to collect the rents, issues and profits of ��
<br /> � the property and of any parsonal property located thereon with or
<br /> without taking po e ion of the praperty affected hexeby.
<br /> r�•- Lender, hawever, h '��?,senta to Borrower's colloction and
<br /> retention of such� ,�n,s�;;i��u;as and pro#its as they accruQ and —
<br /> ^ become payable, so Ionq as Horrower i.e not, at such time, in ,_-_
<br /> �� ry' „ default with respect to payment of. any indebtedness secured
<br /> � hareby, c�: in the pe xformance o.f any agreement hQreunder. �y
<br /> a� � ..
<br /> �'� �� 2. 8,�c�o�ntment of E3ece�.ver. I:E any evenb of default !�n
<br /> , respect to the Security InetrumQnt shall have occurrQd and be �_
<br /> i . . continuing, Lender, ae a matter of right and without noti.ce to �
<br />; �'��� • Borrower or anyone claiming under Borrower, and without regard to � �
<br /> � the valuQ of the trust estate or the interest o� the Borrower
<br /> . therein, shall have the right to apply to any acurt having juris- �.,,-.
<br /> • � . diction to appoint a receiver of the property. �i
<br /> � 3. Riqht to Possession. In case of default in the paymettt �.�:,
<br /> of the eaid principal Note or interest, or any part thereof, ae
<br /> '� " - it shall mature, or in the case of failure �o keep or perEorm any �..,rv
<br /> � "`�" of the covenants or agreements contained in the Security Instru- •
<br /> � ment, then the Lende r, its successors or assigns, ehall be and is
<br /> hereby authvrized and empowered to take immed iate posaessian of �,
<br /> t� the said pr.emises therein described and to collect the rents ;
<br /> � t therefrom, and to apply the proceede thereof to the payment of ;
<br /> ' the Note. ;
<br /> 4. 8,�c�{aat{oa of Rents. Iseues and Profi�s. All rente �
<br /> - collected by Lender or the receiver ehall be applied first to
<br /> payment of the coste of management of the property and collection
<br /> � y � of rents, including, buti nvt limited to, receiver's fees, premi-
<br /> y.,t_. —.� ,.-�...�i..e,��a 1,r�r,Ac anr� T�ARf1tlA�fie ettoLneV�B f8e8. �nd thon
<br /> .—. "' ----- _--- � uae4 vi� �rvvv�...� � ..��.�.� �� __"----'°-- - . .
<br /> to the suma secured by the Security instrument. Lender and the
<br /> receiver shall be li able to account only for those rents actually
<br /> � � recefved.
<br /> � 5. �onstruction of Provisi�. Each of thQ provieione cvn-
<br /> tained in thie Assiqnment vf Rents Rider and the 3ecurity Instru-
<br /> ment ehall, unlescs o therwise specifiCally require3, be construed
<br /> � in accorda�ice wi.th Nebraska law, and in the event any provision
<br /> " � herein or therein containad shall be detexmined by a court of
<br /> competent jurisdicti on to be unenforceable, the same shall be
<br /> . � conetrued as though such' une►iforceable provision were not a part
<br /> � hereog or thereof.
<br /> ,� : �
<br /> �
<br /> :Y .:. � 1 _
<br />
|