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<br /> — 2F .t- ..'� 1—�4 �AMdELY �4DER � ,. . .
<br /> £, (Asstgnm�nt of Rents) g�— ������ � �
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<br /> : �� ''`�= THIS 1�FAMlLY RI�ER is made this 164tt day o! .18nuan! , 1$98 ,and is incocporeted inta and shNl bo '
<br /> ; deemed to amend and supplement the MoRgage, Oeed ot Trust or Seeurity Oeed (the 'Seeurfty Inatrument') of tfie same date g&en by � �
<br /> '��, the under�gned(the•eorrower')to secure eorrowera Hote to The Overland Nattonal Bank of Grand lstand_ Y ,
<br />� . . �(the'LendeP) ; . '
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<br /> - of the same date and eovering the Property descnbed in the Securfry�nstrumer.t and tocated at: 4 • ,
<br /> • ,--;.t: 211 215 N Cherokee Ave Grand lsland NE 88803 ,
<br /> � -� ,- [aoprrty Atl�essJ _
<br /> = � _ �-�� 1-�4 �AMlLY COVEt�lAi�TS. I�additlon to the covesanLs end a�yeements r►�ade in the Security tnstrumen�.Bortowpr end Lender ---__ __
<br /> � further covenant and agree as foflows: t
<br /> � � A. ADDITIONAL PROPERIV SUBJECT TO YHE SE�URiTY INSTRU(U9ENT. In add'Non to the Prope�ty descrtbed
<br /> r.` � �'���`, in ihe Securily Instrumerrt,the toitowing items ere added to the Praperty desdiptlon,end shali elso constitute tfie Property tovered by lhe •
<br /> --3��� ' S I ment 6w1dm matetials.ap Gsnces aed goods of every nature whatsoever now or hereafter located 1n,on, or used. or �< � �
<br /> ,t. :. .�� eWrdy nsbu 9 P .
<br /> �•�; � intended to be used in connecdon with the Proper(y, induding, but not fimned to, those tor the purposes ot suppfytng or dstrfbuUng
<br /> :��� • . heating. cooGng, etectriaty. 9as.water.air and Gght fire prevention and exUnguishin4 BPAaraLis. seeurity and access contral epparatus. , , -.
<br /> .;;; � plumbing.bath wbs, wacer heaters.water dosets. sfnks.ranges, stoves. refr(gerators. dishwashers. disposets.washers.dryera.ewn4►gs. ,.
<br /> �y�� � • stoim wtndows, storm doors, saeans,bGnds. shades, curtains and curtafn rods. attached mimors,eabineis.panet�ng and attaehad flaor , .
<br /> en
<br /> `,t.s � coverings now or hereaftet attached to the Property,all ot which, inciud'ing rep►acements and additfions thereto, shall he deemed to be - ; _
<br /> and rematn a part of the Property covered by the Securiry Instrument All oi the toregoing together with the Propeny desaibed in the _ _
<br /> �?� _ � Security (nsWment(or the teasehold estate if the Secur(ty Instrument ls on a leasehol�are referred to in this 1-4 Famity Rfder and ihe • _
<br /> ` . . �.;'� Se�uriry Inshument as Ne'Prope�ty'. � ' �--
<br /> ��' � B. USE OF PROPERIY; COMPLIANCE WRH LAW. Borrower shall not seek agree to or make a change in the use o1 � _�_;_
<br /> - • the Properly or its zoning dassi�ration, uniess Lender has a�eed in writL�g to the chenge. Bortower sha0 campty with a0 Iawa. ... ;�
<br /> ;�� ardnances,reguiations and requir�nents of any govemmerrtal body appticsbte to the Property. - ---
<br /> :j�. . � C_ SUBORDlNATE UENS. Except as pertnitted by federai Iaw. 8orrower shati not eltow any Ueo infertor to the 3ecurfty ' ..;�.��'�-
<br /> @� Instrumeirt to be peReded agalr+st the PmpeAy w�lfiout lertders prtor written permissian. '`'�
<br /> `� � � D. �i�NT LOSS (NSURANCE. Borrower shall maintain insurance against rent toss tn addiuon to the other Aemrds tor which --- 5�_
<br /> �;. `. � insurance is requUed by Uniform Covenant 5. ��
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<br /> "" ' E_ °�ORRO{fYER'S R[G H T T O R E I N S T A T E° D E L E T E D. Un i fortn C ovenan t 1 8 is d e t e t e d. Y� , .•�
<br /> � F. BORROWEFi'S OCCUPAAtCY. Uniess Lender and 8orrower othe�wise agree in wriUng, the first sentence in Unitorm ���•_•�
<br /> _ �� Covenarri 8 coneeming Borrower's oexupancy oi the Propedy(s deleted. AU remaining covenants and a�eemeats set forth in UnHorm _. ° �
<br /> �_�W
<br /> � , Covenant 8 sha11 remain ln ettect -- ' `�_
<br /> .� G. ASSIGNMENT O�LEASES. Upon Lenders request. Borrower shatl assi�to Lender all leases of Me Ptoperry and aQ , _�
<br /> security deposits made in connecGon with teases of the Property. Upon the assignment, Lender she11 have the�tght to modity,extend or
<br /> � tetm(nade the e�dstlng leases and to execute new Ieases, in Lender's sole dlscreUon. As used tn thls paragreph O,the word 'tease' , , "'���,�..
<br /> ' � � shall mean'sublease''rf the Sewrity Instrument is on a leasehotd. "'"'�'°-
<br /> �•'� ' t0. ASSICiNMEfdT OF RENTS; APFOINTMENT O�RECENER; !.6[dDEFi IN POSSESSION. eoROwer absotutery
<br /> -�- . . .. _ o!Lo whom the Renls = ---' u�
<br /> • and uncondih'onaliyr assigns and Vansiers to Lender a0 the�ents and rave�w�("Rents') of the Property.�egardlsss �j,�-�
<br /> =r=�t:�
<br /> , 01 the PropeRy are payabie. Bortower authorfzes Lender or Lender's agents to collect the Rents, end agrees that each tenant ef the , , a�
<br /> - ` . PropeRy shall pay the Rents to Lender or LendePs agents. However,Bortower shall receNe the Renis unti(�Lender has gNen Bortower .� �';•�',--k*,.,;
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<br /> notice of defautt pu[suant to pazagraph 21 of the Securfly insuumertt and(�Lender has cp'ven notice to the tenant(s)that the Rertb are , : m.
<br /> � to he psid to Lender or Lende�s agent Th(s assignment o} Rents constitutes an absohtte essignment and not an assignment tor .� � �-��-_
<br /> � • � additional security ony.
<br /> �� ! . . Ii LenQer gives notice of breach to BoROwer. n all Rents received by Bortower shall ba held by 8orrower es trustee tor the benefit o1 •
<br /> • Lender only, to be applied to the sums secured by the Securiry Instrumen� (ii) Lender shali be entitied to witecl end receive eU of the „ -, -
<br /> • ' Rents of the Property;pi� Bortower agrees that eacA tenant of the Property shall pay all Rents due and unpatd to Lender ar LenQer's . ��,,.
<br /> '' � agents upon Lender's wrftten demand to the tenanf: (N) unless appOcable law prouides otherwfse, ell Rents wlteeted by Lender or � �-•
<br /> "�� ? Lender's agents shail be applied first to the costs of taWng eonuol of and managing ihe PropeRy and collectlng the Rents.induding.but -_�;-
<br />��;;'. no! Iimited to, attomey's fees, receivers fees. premfums on receiver's bonds, repair and maintenance costs, insurance premiums, taxes. _ �
<br /> • assessments and other cherges on the PropeRy. and then to the sums secured by the Security InsWment; (v) Lender,LendePs agents .. _
<br /> 'j � or eny judicialry appolrrted receiver shall be Ilable to account for onty those Rents actually rece(ved: end (vq lender sfiall be enUtted to . , `-
<br /> . . have a receiver appointed to take possession ot and manage the Properry and coitect the Rents and profits derived irom the Property : �
<br /> --� without eny showing aa to the inadequacy of the Properry as sacurity. . .. ,'
<br /> �;,�' � It the Rents of the Property are not sutfldent to co�er the costs of taking conVol of end managing the Properry end of coltecting the �
<br /> ' iients any funds expended by Lertder for such purposes shaU become irtdebtedness of Boaower to Lender secured by the Security • �
<br /> � Instrument pursuant to Unitortn Covenant 7.
<br /> Bonower represents end wartants that Borrower has not executed any prtor essignmeM o1 the Rents and has not end will nol • . .
<br /> � ' peAorm any act that wouid prevent l.ender from exercising its dghts under this paragraph.
<br /> Lender, or Lenders agents or a judicially eppointed receiver, shall no1 be required to enter upon, teke conVOi of or maL�Wln the .
<br /> � PropeAy before or after ghring noUce o1 defaNt to Borrower. However, Lender, or lendefs agents or a Judidally appolnted receHer,may
<br /> '�"` �. do so al any time when a detaufl occurs. Any appiipdon of Rents shall not eure or waive any defauH or Invaildate eny othe►rlght or . ..
<br />, � '. remedy oi Lender. This assignment oi Rents ol the Properry shalt tertninate when all the sums secured by the Secudty InsUument ar� �
<br /> ° pald in full. .
<br /> ' 1. CiiOSS-DEFAULT PROV(SION. Borrower's defaufl or breach under any note or agreement in which Lender has en :
<br /> interest shall be a breach under the Security Instrument and Lender may Invoke eny ot the remedies pertnitted by the Securtty tnstrument. '
<br /> • � , � BY SIdNiNd BELOW,Bonower accepts and agrees to the tertns and provlsians contalned in thls 14 famity Rider. ,
<br /> ' '. �.rv,,�-'�1�� iYVv..11�.�� [Seal)
<br /> eo��oY,��Franclsco M1 el
<br /> . • , �`i' r _[Seal] . .
<br /> ' � �o�,oY,e�AngeQna Domirego De Miguel
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<br /> . • �Sea1J
<br />� � Barowe� � �
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<br /> _ (Seaq ' .
<br /> sonovm, j - .
<br /> . . MuL?ISTATE 1 4 FAMILV RIOER�Fannie Mae/Freddie Mac Uni}ortn Instrument Form 3170 9lSO ��•
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<br /> �E 37?39 '
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