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<br /> ��"': Yw��'•J'" ASSIGNMENT OF RENTS RIDER ....
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<br /> THIS ASSIONMENT OF RENTS RIDER I�mad�and exwutsd this 28th_daY of Januarv ��. �.-
<br />- , :y incorporated Into end ahdl b� deemed to tmond �nd eupp�mant the Mortpaye or Deed of Truat, hershtker rRferred to as thA '&�aurRy �, '
<br /> �� = .� � Instrument", ot the Eem1 date piven by th� undersqned, herahatt�r referred to a8 the "BOrrower", to seCUre Borcower's IndebtadnYSS,
<br /> '�;' he�ei�flkor relerred to as Ihe "Not�•,to UN TED EB ASKA BANK
<br /> �? � , herehafter referred to as the "I.ender", of the same date and Coverinp the �.-.
<br /> ;, " ��� property described in the Securfty Inctrumant and bcated et:
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<br /> � � 1804 FHEEDOM DFi GRAND (SLAND NEBRASKA EaAn��ea�oo.�
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<br /> WITNESSETH;
<br /> F_��� WHEREAS,Bonower end Lender havs apreed that any rents Rnd profRs attribut�bb to the property should aonatkute addRbntl a�curfty
<br />_' ' $ to the Lender for the payme�t of tha Nob; _
<br /> y! �°�5 �' NOW,THEREFORE�A Is�preed that tha Securky Inetrument shall be emanded heroby and deomed to inolude the folbwlnq provkbns:
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<br /> •.,,:�. t. n ''-nment of Rents and Lender Rantal Collectlon R�ahts. Borrower hereby absoA�toy and uncondltionally ¢sspns all rent6, lasWa
<br /> _3£,^ • and profits of tho propwty to Benel�lary. Londar shatl havo tho r{phR powar and authority dutinq the continuence of the Securky InstrumM�t
<br /> '� �• to col�ect the rents, (saues and protits ol the property and of any personal property bcated thereon wkh or wkhout teklnq possesebn of th�
<br /> ���� '• • � �. •� property eHected hereby. Lender, however, hereby aonsents to 9orrower's Collection and retentbn ot su�h rents, is6ues 8nd profRa as th�y
<br />�•, • - accrue and bacome paY4ble, so bny as Borrower Is not, at euoh tima, h delauft wEth rospact to payment of eny Indebtedneas soaund __.
<br />_��; f^:; ." hereby, or fn the peAorrMnce ot any ayre�ment hereunder. -
<br />_ti i ,. . ,�, ^ Q, AnpOkltrtlBllt O}AiG81V6f. If any went ot defauk in respiot to the SeaurRy inatrument ehtll have ocouned and be contlnuhy,l.snd�r,
<br /> -- as a matter o}rght ond without not�a to Borrower or nnyone al�kninp under Bortower,tnd wRhout repard to the value of the truat eaUte or
<br />"i,,,• the interest of the Bor►ower thereln,shall have the r{pht to apply to any court havinq Jurisdtction to appok�t n receNer ot the property.
<br />�;�,,�, ,.:�' , 3. Rfaht to Posaesslon. In ce6e of defauft h the payment of the sald principal Note or inlerest,or ony paR thereof,as k sh�ll matun,
<br />�r � or in the case ol failwre to keep or peAorm any of the conven8nts or agreements contalned in the Security Instrument, then the Under, Ra
<br />�:'';.�. - , successors or assiQns,6ha� be and IS hereby authorised a�d empowered to take knmediate possessbn of the said premises thereh
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<br /> described and to collect Iha rents theretrom,and to app�y the proceeds thereot to the payment ol the Note.
<br /> a AnQl�cetbn of Rents,Is.sues and Profits. All rents collected by Lender or the recehrer shell be applied itrst to p8yment of the coat6
<br /> JT-� M� of management of the D�ope�:: °^'� collectlon of rents, includhg, but not IhnRed to, receNe�'s tees, premums on rncii�ra 8 b�n35 s�d °
<br />���.s>- reasonable attomey'S fees. and then to the sums secured by the.Security InstrumenL Lender and the receHer shall be ItablY to aCCOUnt only
<br />"'�"�� 'i�Y°+� for those re�ts actuely receNed.
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<br />��rrn� . b. ¢onstroctlon gf�+rov�sbo$. Eaoh of the provisfons aontaln�d h thb Assqnment of Rents Rider and the Soeurky Inatrumsnt shaN,
<br />=_'�=`�,-�•�,�. unless otherwise specYCalry requfred, be construed In accordance wtth Nabraska law, and In the event any provlsbn hereln of therob
<br />�'��'-�-�-�;:•'� � contained shall be determined by a court of competent Jur(sdbtbn to be unenforceabb, the same shaH be construed as thouph suoh
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<br />�w� �•,,� unentorceable provisbn were not part hereof or thereot.
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<br />-,;,.;;;,�`�4'�y 6. �,fe�! of Rider. Except as speaHtcally modffied by or Inoonsistent wkh this Assfynmont ot Rents Rider or by any othK appAcabN
<br />�,;.�A;,,..,..::�. rider,all of the terms and provlslons contalned In the SecurRy Instrument shall Continue M tuli force and efleCt.
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<br /> '``"�«�— IN WITNESS WHERE�F,Borcower hes executed thls A88qnment of e er on the d8te 1 t no ed 8bove.
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<br />-.�r~V��"y� '� STATE OF NEBRASKA
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<br />� COUNTY OF HAL.L �
<br />_ ._ � On this 26th day of Januarv 1998 before me, the undersfpned, e Notery Public duly commissbned ond _
<br /> , quart�ed tor saw countr,persona�y ceme JAMES H POWERS AND MELINDA J POWERS , HUSt3AND AND WIFEL_ ,to
<br /> be the Identfcal person�s) whose name(s) Islare subscr'�bed to the foregohq Inatrument, and he/shelthey acknowledge tha executbn therYOf -
<br /> � to be hislhedtheir votunlary act and deed. -
<br /> ' Witness my hand end Notaria�Sea�at GRAND ISLAND ._, NEBRASKA ' In said county,the -
<br /> - dale aforesefd. '� -- �\�- " / � �
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<br /> _' i My Commission oxpires: AUGUST 12, 2000 /�4� �
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