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<br /> � � .^� �1SSIGNMENT OF RENTS RIDER 9�._ �n�8s� 4�
<br /> . ,j THIS ASSIONMENT UK R£NTS RIDER Is made end sxaCUted thls 28th d�y o} .�anuarv ��. �nd It
<br /> � Inoorporal�d hto and ehtll be deemed to cmwnd tnd aupplemxit ths Mortptys or Deed of Trust, hKefn�ftx rNsrnd�to ts th� "S�curRy
<br /> � Instrumont", ot tho anme date pwen by tho unct�reipned, Asrehatler referced to �e tha "Borrower', to seaure Bonow�s hdebtednese,
<br /> �� heeharter reterrsd to aa tha "Note',to UNITED NEBRASKA BANK
<br /> , herehaftu referred to aa ths "L�nder', ot the same dats and cov�rinp the
<br /> i,
<br /> � proparty descrfbed In the Securfty Instrument and beatad at
<br /> ���••:"�t�: 32 4 W 16TH ST (iRAND ISUIND NEBRASKA 88803 -- ��-`
<br /> .,�_�
<br /> (ProPa��Adanu)
<br /> wiTNesaerH: �
<br /> �
<br /> +�� WHHREA3, Borrower and Lender heve eqreed thst any ronts and pro1Ns attributabk to th� property shouid constkuts nddRbnnl security �_
<br /> �� to ths I.ender tar tha pnyment of the Nole; F
<br />` NOW,THEREFORE,It is apreed thet the SeCUrity Instrument shel be amended hereby and deemed to Include the followh0 provlsbns: __
<br /> 1. Assianment ot Rents and le�der Rentai Collectbn_Rfuhts. Bortower hareby nbsobtety and uncondklonalry asslpne ail rents, bsues `•.
<br /> and profits of the property to Bene�biary. Lender shail have the ripht,powor and authorky durtnp the conthuance of th�Seaurky Instrument �;_
<br /> ` to collect tho rants, issues and prdds of the property and of any p�rsond propwty boatad thoroon wMh or wRhout takhp possasabn of th� `.,
<br /> . property aHected hereby. Lender,nowever, hereby consents to Bortowe►'a aolleotbn and ratentton of auch rents,Issuea and profrts ae they _
<br /> ' acarua and become payable, so lon� as Borcower Is not, at suah tkne, h defauk witfl respect lo poyment of any indebtednees secured s
<br />- � hereby,or h the pertormance of any ayreement hereunder. -�
<br /> 2. A�oohtment ot ReceNer. N any event ot defauR In respeat to the Security Instrument ahel have accurred and b� oonthuhy, Ur►der,
<br />-• ' r� ss a matter ot rVpht and wkhout notbe to Borrower or anyone cfaknMp under Borrower,and wRhaut repnrd to the value of the trust esute or �
<br /> - the Interest of the Borrower therein,shall have the ripht to epply to any couR havinq Jurlsdbtlon to appoht e receNer of the proporty. f+•:
<br />'� 3, iaht ta Psssesslon. In casa of dafeuk In the payment ot the sald prinolpal Note or hterast,or any part thereof,as it shall mtture, _
<br /> or h the case of faliure to keep a perform any of the convenmts or apr�ement6 contnhed h the SeCUrity Inatrument, th�n the Lender, kb _
<br />_ sucCessors or asslpns, 6hall be and Is hereby authorizetl and empowered to take Immedlate possessbn of the sald pramisos lhereh
<br /> described and to oollect the rents therefrom,and to eppy the proceeds thereof to th�ptyment of Ihe Note.
<br />- q. A��ncallon of Rents. Issues and�[4fg�. AA renta oollected by Lender or the receNw shall b�applbd fkat to paymsnt of th�Coatt
<br /> _� ot mAnapament of the proparty and colleotbn of renta, hciudh�,but not Iknfted to, recNvePa fees, premium� on rsc�ks�s oond� �nd
<br /> ' reasonable attomey's fees, and then to the sums secured by the Securiry Instrument.Lender and the receker shell ba Ilable t0 aCCOUnt ony
<br />-- tor those rentn aotually receNed.
<br />�� • 6. �onstruatbn of Proviobns. Each of the provisbns oontained h th�s Asslynment of Rents Poder and the Securky Instrument shall,
<br />--, . unless othervvise 8peci(bally requPed, be construed in eccordance wfth Nebraska law, and fn the event any provisbn herein ot theroln
<br />�.;,:_`. . contahed shall bo determined by a court of competent Jurisd�ctton to be unenforceable, the same shall be construad as thouph such
<br /> . unentorceable provislon were not pert hereof or thereof.
<br /> . .�' 6. �Nect of Rider. Except as specitir,ally modifted by on c�ansistent wkh this Asstpnment of Rents Rider or by any othK applfaabq
<br />'.,,. . �� rider,ell of the tenns and provisiong contained in thb SeCUr(ty Inetrument ahall conthue in tull force and effect.
<br /> - r: • ":f �
<br />- � `-• '�"'� IN WITNESS WHEREOF,Borrower has executed thls Assipnment ot Renta Rider on the dace frst noted ove. _
<br /> _ .�-. ;q, �
<br /> .n�..
<br />" ' ' e �row�r TERRY L R L =-
<br /> eo«ow.� A Y —
<br /> STATE OF NEBRASKA
<br /> �. �gg: E=
<br /> - � COUNTY OF HALL E
<br /> On this 26th day ot Jenu�rv , 1998 , before me, the under6lpned, a Notary PubllC dury Commissioned and E,,
<br />, I E
<br /> quaiified for sflld County,persona�y Came TERRY L VRTAL AND NANCY VR7AL H USBAND AND WIFE, _ �•
<br /> ,to
<br /> ' { be the fdent�el person(s) whose name(s) Islare subscribed to the forepohq �nstrument, end nelshe/they acknowledge the executlon thereof �
<br /> [
<br /> . to be hislherltheir voiuntary act and deed. �
<br /> � witness my hand and Notar�a�5ea�at GRAND ISLAND , NEBRASKA h sald county,tne C
<br /> � p
<br /> date aforesaid. GENE2Al NOTART Stale ol Nehitska � �
<br /> ' IP gHERRIl.O'CALIAGNAN
<br /> _ _ J "�9�. � MrComm E�D SeDt 18.1999 No ywe CHPRq .O' A G
<br /> rvi Commission expires: 3EPTEMBER 28. 1$98 , �
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