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<br /> ° _ `� - ' - T 0� RENTS RIDER g�-�G�?�;�� � ,� ,.
<br /> 4t. � ASSIG�9[�IiEN �� `�`� ..
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<br /> � .. -� . 4958 . a�a �s , .
<br /> . m�s�N��o��E�urs w�a�ts maae ana execucea m� 21 way ot Januarv . - <• :
<br /> . 6 u o r p v r a t e d o�t c a�d ShaD be de�med to eme�d a�d supptement the Mortga9e ar Oeed of Tn,ss, hereinafter retertad to as t1�e 'SecuraY .�
<br /> Instrument'. o� th0 same � g�^ by �e undersigr►ed. t�ereinaRer �e terte d t o e s t h e •B o r ro w e r'. t o s e c u r e 8 o rt o w e r s �debtedness. .
<br /> A 9 t 8 6 t s R e r B t e rt 6 d t o e S tA e•aote•.eo N �IEBRASKA BAN _ . ,
<br /> . ,- . , Aerehiafter Btarretl to as the 'Len Qe r. o f t he s a m e d a t e a n d c o v e r i a g Ne ,
<br /> <<' �` propeRy deset�bed in ttte 3ecurity Insuument and Iocated aC - -. . .
<br />� - , ,�,`r_r�� 4338 KAY AdE GRdl11D tSLAND NEB 68 03 :��=•,::�.. .:
<br /> >,�_ . ...-_r�.�. . . (7ro0�rC1 AdOrs�s) -. .... �, `' .
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<br /> ;: '" • � WfTNESSETH: .
<br /> . . F=_ `•
<br /> ' - WHEFEI6S.Bortower and Lender have agreed Mat enY rents and profits amnbutabte to the property shouro constitute adEih'onal secu�Y
<br /> ' - to the Lendet tOt the OaY��t Ot the l�IOtO: ` .-�. 't
<br />``; ' .. ' N O W.'(H E q E F O A E,it is a g r e a d that the Sscurity Insbumeat sfiaU bs emended hereby and deemed to inch�de the toitowing prov�bns: ,,i�._:'`S•:,: �'.;
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<br /> •. � snd unCOnd�ionaly assigns&0 rents. issves --
<br /> . - : 1. /lssianmeni af ts end Lender Rental Co1lecNon Rinhts.8orravret herehY abso4deiy `',�: `: �.;::�c.-.
<br /> �` ' and profits ot the propeRY t�Bene4iciety. Lender shall have the hght,Oawer and authority during the cont6►uance of the Securfty instrtuner►t , _ --
<br /> ' � � tp collect the rents.issues end profits ot the property ana of any Dersonal pmperty lacated thereon w�t►or w�hout taking pcssessian ot the . ' �_�' `,
<br /> '" • . �� propeRy 8ifected herebY. Lender.however.hereby consents to Bortowefs colTection a�d tetenUcn of Such rents,tssues and Dro�s es thay ' _
<br />�� � �.�`t' 8cc�ua and 6ecome PaY��• so long as Eorrower is not, at such time. c� defauR wQh resDect to PBY�nt ot any mdebtedness secured .
<br />� � •. ; �.y Aereby.or tn the perfamtance of any agreement hereunder. _�:°_
<br /> • • ` ,;:�_;,: p, a��oMtment af Recetver. It 8ny event of defauR bf respect to the Securily MSUument shall have oecurred and be contmuin8,Lender. . - .
<br /> �` �' ` ;-:t as a matt�r of�ht and wnhout notice W Bortovrer or anyone C(atrn�9 under Bortower,8nd without regerd tn the v81ue ot the trust est8te a� , =
<br /> the intetest of the 8orrower tnetein,shall have S+e right to epDN to any couR having jurisdicUon to appoint a receiver ot the prope+tY• ` :�,:-
<br /> � � r •' 3, Htoht to Possession. In case of defauR in the payment ot the said princ(pal Nate or interest.or anY Part thereof, as it shall mawre, • , ��
<br /> or in the cesa ct feiture to keeP or peAOrtn anY of the convenants or 8greesnents contained m the Security Instrument, then the LeriQer. �ts � �,t�:.:�:,��'
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<br /> . . ' .. 4 successots ot essigns. ShBU be end ismerebYt athorize 8 p ���f to the paYment of the Note.on of tha said premLses therein �;•._.. ; Y�
<br /> `. • descn7�ed end to cot►ect the renu theretro . PPh —_--�.
<br /> �';� �` .� : f 4. °.9o1'^�tion ot Rents 155ues 8nd Ptofits. Alt rent8 C0118Cted by LendBt or the reCeNer sh3f1 be apPiied fltSt to pSYmetrt of tAe COStS . _ ..^�
<br /> � � af mana9emenf af tAe property and coitection o1 rents. mcNding, but not limited to, receivers fees� Premvms on receivers bonds and
<br /> ., reasonablB attome�s tees.and then to ihe sums seCUted by the SeCUrity Instrument.lender and the receiva►shall be liable tu account anfy _
<br /> ' .•„ ` � ` fpr Mose renGs actualty receiveA. . , .. "s�
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<br /> � � " 5. Con��M�9n af Ptovisions. Each of the provisions contab�ed m thts Assfgnment o1 Rents RiEer and the Securiry,Instrument sAa4 :Y��
<br /> � � untess otherwise specfflcaly required, be canstrued tn accordance with Nebraska taw, and t� the event any provision heretn of therem �
<br /> � � � contafied sha0 be detertnined by a court of competent Jurisdiction to ba unenforceabte� the same shall be consbued es though such -�
<br /> r`� unentorceabta provtsion were not part hereot or thereoL ` z-� _
<br /> � 6, E r�c t nf Rider. Exco pt as specificalry modrfied by or tnconsistent wRh this Assignment of Rents Rider ar by any other epplicabte 'T ,-}
<br /> ' � dder.all ot the temts and provislons contained o�the Security instrument shal!continue in full torce an d e H e c t- .. ���•-
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<br /> ` . � IN WITNESS WHEREOF,Borrower has executed this Assignment of Rents Rider on the date first noted above. . s .
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<br /> �� . ' �D VID L MCD�RMO .. �
<br /> , �rower � � ' - .
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<br />.-- � - . --- Bonoeor —. - . � ,
<br /> � � STATE OF NEBRASKA � ' . �� °
<br /> . . �ss: .� �
<br /> . . � � COUNTY OF HALL , ,
<br /> ,� ' pn lhig 218t day ot Januarv . 1998 belore me, the undersigned, e Notary Public duty commissloned an0 � � •
<br /> quaiitied tor sa�d county,persanaty came DAV1D L MCDERMOTT Atd UNMARRI�D INDIVIDUAI. to . . � ,
<br /> � be the identical person(s)who58 name(s)15/8rA SubsCribed to tAe foregoing InStrument, En0 he/sheftAey BCknowle0ge L'�e exeGUtion theteof , : .
<br /> . to be hislherltheir votuntary act and deed. �. • �
<br /> `;•::.;: � � waness my r�ana and +ai ai ai GRAND lS11lND . N RASKA m said county,cne � ' .
<br />� � � date atoresaid. ~" - �� � ��
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<br /> � 7� �!:. otary vumie � L �I) CLE
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<br /> My Comm�ssion expires: AUGUST 2 0�8 ;
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