|
�! `.�
<br /> '� , ,. . -.
<br /> .. � , � -
<br /> • ; �^�� • --
<br /> ..
<br /> �. ... � .. . , _ � -- -
<br /> ..
<br /> �i.�4
<br /> .,�.. , � � •M.
<br /> � .� p.[a_�_.
<br /> �
<br /> . �� �
<br /> �MY �11ese�. . ... ......... � ' -� IYY'_•'��.._�..
<br /> .�vtl.... ._- -
<br /> �.• .-_...
<br /> i.�. _ _
<br /> -� . • ' � ASSIGNMENT OF RENYS RIDER �1�,. 11►Q$l�9 ;.����;���
<br /> THIS ASSIONMENT OF RENTS RIDER Is m�de and exeouted thls 7t day of Januarv _, 19Q8 , and la ._
<br /> ncorporated Into ana sheil be deemed lo amend end supplement the Martpape or Deed of Trust, hereinafter reterred to as the 'Security
<br /> ' Instrument", ol the aeme dete ylven by tho undorafpned, harein�fter reterred to ab the "�orro�ver", to secure Borrower's Indobt�dneea.
<br /> hereinaRer relerred to as tne "ntote",to UNI ED EB ASKA BANK —
<br /> �, hersimftar relerred to as the "Lender', ol the some dale end coverinq Ihs
<br /> proporty dosCrihod in tho SeCUmy InStrumeM nnd located et: I • .�
<br /> � et4i ,:
<br /> 3624 fiRAHAM AVE GRAND I$LAND NEBRASKA 68801 �
<br /> ��,xyr4' (PruD��ty Addr�tq ..
<br /> :,.:
<br /> •..rr...+� r.:
<br /> WITNESSETH: -
<br /> WNEREAS, Bortower and Lender have apreed that any rents and profke attributeble to the property should canstitute addftlonnl security �;
<br /> :;1
<br /> ,. to the Lender for the payment af the Note;
<br /> NOW,THEREFORE, It Is aqreed that the Securfty Instrument Shnli be amended hereby tnd doumed to Inoiude the folbwinq provisbne:
<br /> � t. Assk�nment of Rents and Lender Rental Collection_Riahts. Bortuwer hereby ebsolutety and unconditlonaily assqns all rents, Issuas
<br /> { and pro(its of the propeAy to Benelblary. Lender shall have the right,power and authority durinq the continuance of the Security Instrumant -
<br /> `� to coliect the rents,Issues and profNs of the pr�perty and of any person8l property bcatetl theroon with or without taking possesslon of the
<br /> !�i property attecteC nereby. Lender, however, hereby consents to Borro�ver's collection and retentlon ot such rents. Issues and profits as they -
<br /> �; accrue and beCOmo payabla,so long as Borrower is not, at such time, in defauit with respect to payment of any Indebtedness seCUred _
<br /> � hereby,or In the performence of any aereement hereunder.
<br /> 2. A000�ntment of ReceNer. If any event of default In respect to the 3ecurlty Instrument shall have occurted and be conthuing,l.�ander,
<br /> � as u matter of rlght and without not�e to Bortower or anyone claYnhg under Bortower, and without repard to the value of the trust estete or
<br /> the interest of the Borrower therein,shall have the ripht to apply to any oourt havhg Jurtsdbtion to appoht a recBNer of the property.
<br /> 3. Rlaht ta Possessb�r. In cese of de�auk � the payment of the said prinoipal Note or Interest,or any part thereof, as k shall mature,
<br /> � ;. � or �n tho case of failure to keep ar pertortn any of the convenants or egreements contalned In the Security Instrument,then the Lender,fts
<br /> successors or assigns, shall be and Is hereby authorized and empowered to take knmediete possession of the said premises therefn
<br /> � � described and to collect the rents therefrom,and to apply the proceeds thereof to the payment of the Note.
<br /> _.�
<br /> � 4. Aool�al�on of Rents.Issues and Profits. All rents collectetl dy Lenoer or tne receivn� ei�ait Ge &ppi�,d t�Si to �ymcr.! o!!h9 Co92�
<br /> �t:� of manegement of the properly and conection of rents, Including, but nOt Iknited to, rec8iver'S fees, prernlums on recelver'S bonds and
<br /> reasonable attorney'S fees, and than to the sums secured by the Security Instrument.Lender and the recehrer shall be Ilable to acCOUnt only
<br /> for those rents flctuBliy receNed.
<br /> 5. C,o�r structWn of P v n . Each of the provlslons contahed h this Asstanment of Rents Rider and the Seourfty Instrumant ehall,
<br /> unless otherwise specltbally required, be construed In acoordanCe wkh NebreBke Iaw, and In the event any provisbn hereln of th�nin
<br /> contatned shaN be determined by a court of competent Jurisdbtlon lo be unenfarceabb, the eame shali bs consWad as thouph suah
<br /> .� unenforceable provlslon were not part hereof or thdreof.
<br /> 6. �Nect of Rkier. Except as specificalty modified by or inCOnsistent wfth this Assignment of Rents Rider or by any other applfcnble _
<br /> rider,aN of the terms and provislons contalned In the Securfty Instrument shflN continue in luli force and eHeCt.
<br /> IN WITNESS WHEREOF,Borrower has executed this Assignment of Rents Rider on the dete frst ebove. �_
<br /> u`
<br /> eo«o••� N E JAC SON —
<br /> �'::
<br />_ ' Bo«a• � TEP A E JA N ■_�-
<br /> � _ __
<br /> 1� STATE OF NEBRASKA =
<br /> � ss;
<br /> COUNTY OF HALL �`''�'
<br /> ,;_�
<br /> On this 27th day o�____, J8nU81'1' , 1998 ,before me, the underslgned, a Notary Publb duy commissbned and -__
<br /> qunlilied for Sq�d county,persona�iy came BRYAN E JACOBSON AND STEPHANIE M JACOBSON HUSBAND AND to
<br /> WIF�. .
<br /> bo tho idontical person(s) whose neme(s) fslare subscribed to the foregoMg Instrument, end holshe/they acknowledge the exeCUtlon thereof
<br /> to be his/her/Iheir voiuntary at and deed.
<br /> witness my hand and No�ar�a�Sea�at GRAND ISLAND EBRASKA In sald county,the
<br /> date nforosald. '
<br /> � � GENERAI NOIARY�SI�Ie of NeOqskt �
<br /> II n•.rnn�� n����1 A!!NAU ��
<br /> d I'1 ��,�...,.....N........ P�ei�� EF1R1 L. �'GAI.I-�►GHAN .
<br /> �y7�r� Mr Comm Eip.SeDt 18.194'1
<br /> My Comm�ssan e.p��es: SEPTEMBER 28�1998 ____
<br /> I f
<br /> ' I
<br /> ;
<br /> 1�OCtS lMC 16.'1A) .
<br /> ' �
<br /> �,nn �
<br />
|