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<br /> � ` � � � A5SIQ�iM�NT OF R�NTS RID�R — r
<br /> . 98 �«�.z4� �-��
<br /> i =�:_.
<br /> � THIS ASSIGNMENT OF RENTS RIUER is made end executed thle 7lh day of ��eb[uelV . 19�8__, entl �s .
<br /> � Incorporated Into and ahall be deemed to 8mend ond aupplement th� Mortpape or peed ol Truet, hero�na0ar refHrrotl to as tho "Sacurny
<br /> ,4 Instrument", ol the seme date yiven by the under6�gned, heronpfter referred to as the "8orrower", lo secure Borrower's indebtednesa,
<br /> �� hereinefter retgrted to as the °Note`, to U�IITED NEBRASKA BANK _.-- -----
<br /> �. , herelnafter referred to e8 the "Lender", of Ihe snme dete and cove�lnq ►he
<br /> _,�j property desCr�bed In the Seaurity Inetrum�nt end loc�ted�t: ''
<br /> � �'
<br /> ,,;� 4704 STONERIDGE PATH GRAND ISLA,�1D NE6RASKA��Q] �'-
<br />� . � (PraP�rly AAA����) �.-..
<br /> �'.
<br /> '0��4- WITNESSETH:
<br /> n„wa•'�P�M' ' �,��,.
<br /> WHEREAS, Bortower 8nd Londer have aqreed Ihat eny renta and prolks 6riributabl8 to the property should consdtute add�t�onnl seourity �,�•
<br /> • �. to the Lender for the payment of the Note; �'_--
<br /> � , NOW, THEREFORE, It Is apreed that the SecurAy Instrument shall be amended hereby end deemed to include the foliowlnp provislona: F'°°"
<br /> • t, g�sianment of Rents and Lender Rental CalFSCtbn Rlohts. Bonower hereby absolutely snd uncondMbnally asalpns all rents, Issues
<br />� � and profks of the property to Beneffclary. Lender ehall have the right,power and authorky durinp ihe conttnuanCe of the Securky Instrumont
<br /> °• to eolleat the rents, Issues and profita of the propeily end of any pereonal propeRy located thereon wfth ar wRhout takhq posseaebn of the
<br /> � ,� property eHected hereby. Lender, however, hereby consents to Bortowers colleotlon and retentbn of suoh rents,issues and profks as they
<br /> #. accrue and become payable, so lonq as Borrov�er Is not, at suoh tkne, In defauM wRh respect to payment of any indebtedness secured =
<br /> hereby, or in the peAormance of any aqreement hereunder.
<br /> �- 2. Anoointment of Recetver. If any event of defauR In respaot to the Securky Instrument shall have occuned and be contlnuinp, Lender,
<br /> as a mattor of ripht and without notbe to Borrowbr or enyone alakninp under Borrower, and without regerd to the value of the trust estete ar
<br /> . the Interest of the 8orrowor therein, shaY have the rpht to apply to any court havinp Jurisdlctlon to appoint a receiver of the property.
<br /> .�:;��,�
<br /> � 3. Btaht to Possession. In aase of detault In Ihe payment of the sald princlpal Note or Interest, or any part thereof, as it shall mature,
<br />� '� / or in the case of tailure to koep or pertorm any of the convenants or aflreements contalned in the Security Instrument, then the Lender, its
<br /> successors or asstpns, shall be and Is hereby autF�orized and empowered to take knmedlete possession of the seid premises thereh
<br /> described and to collect the rents therefrom,and to eppy the proceeds thereof to the payment of the Note.
<br /> - • 4. (�polk�tlon of Rents Issuss end Profit�. Au rents collected by Lender or the receNer shall be epplled ffrst to payment of the aosts
<br />_ of msnagement of the property and couection or re�ts, inciud�g, bui not i:iiite�i iv, ro�.a��rsr's tsaa, pr.�r�sm� an reCaZisr's �en�s end
<br />- reasonable attorney's fees,and then to the sums secured by the Security Instrument.Lender and the recelver shall be Iiable to acoount ony
<br /> . for those rents aatually recehred.
<br />�..
<br /> � • b. Construotion of Provlsbns. Each of the povisbns contak�ed i� this Asslpnment of Rents Rider and the Security Instrument shail,
<br /> unless otherwlse specfflCelly requlred, be construed tn accordance with Nebraeka taw, and In the event any provtsion hereln of thereh
<br /> contained shflil be determined by a Court of aompetent JurisdlCtlon to be unenforceable, the same shall be construed as thouph suah
<br />_"' � :�' unenforceable provlsbn were not part hereof w thereof.
<br />_=��• -. � 6. Ettect of Rider. Except as speaNbaNy maddied by or inaonslstent with this Assfynment ot Ronts F�der or by any other eppl�abk
<br /> � ' � }_ rider,all of the terms and provlslons contalned In the Security Instrument shall conthue�n fuli fotce and ettect.
<br /> - . . „
<br /> t'^."`�'-`�` ' IN WITNFSS WHERHOF, Borcower has exeouted thls Assignment of Fknts er on tha dste firet noted Ybov�
<br /> - .:�•�r.
<br /> ��'_4.._:'.�..,�,� � ��/f _
<br /> . n u ���--
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<br /> - � � Horrow�r�O NIE L HAASCH
<br /> � ' � 'J /���2 _ _ _ � �
<br /> ��Qi�t
<br /> oo��ow��EU NE D BAASCH
<br />�:,�r ,...
<br /> ' •� �' STATE OF NEBF{ASKA
<br />-, 1 � ss: _
<br /> ; CQUNTY OF HALL :
<br /> ,:y [_
<br /> On this 7th day ot Februerv , 1998 , betore me, the undersigned, a Notary Public dury commissioned end �_
<br /> � '' ualified for sald count persona�� came CONNIE L BAASCH AND HUGENE D BAASCH , WIFE AND HUSBANO ■'
<br /> q Y, Y -
<br /> � ,to
<br /> be the IdQnt�Cal parson(s) whose name(s) ISlare subscrbed to the forepoing tnstrument, and helshe/they flcknowlodge the execution fhereof
<br /> � to be hislhedtheir voluntary act and deed.
<br /> Witness my hand and Notar�al Seal at GRAND (SLAND , NEBRASKA �n suid county,the
<br /> d8te aforesa�d.
<br /> ,
<br /> - ol�ry PubOC S ER I L. 0 CAL , N
<br /> - ..-- . .:. r.-_.I �/
<br /> nrty Commiss�on expiras: SEPTEMBER 28. 1998 __ q, �EYE��NOIARYSIafeo�HeDraskj
<br /> $NERRI L.0'CAUACHqN
<br /> i MY Comm.E�p Sept 28.1999
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