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<br />-::� ����.� 98'`tc�1'zS6 -----
<br /> . :.� : � �.
<br />_ „� , ASSIGNMENT OF RENTS RIDER • __
<br /> ..4 ' dey ot Februerv , 1998 , nnd�s �,_¢,_
<br /> ,� , THIS ASSI(�NMHNT OF RENT3 RIDHR Is made end ex�o�ted thts 9th _—
<br /> fncorporated ►nto and shall be Qeemed to amend tnd suppiament tho Mortqape or Oeud o1 Trust, heremafter relerred to as the "Securay �-..,._
<br /> Instrumint", of the stma ditl gNen by the unders{pnod, herehaRar ro�orred to es the "Borrower"� to secure Borrower's indebtednesa, �'ll_
<br /> y ��� �::_.
<br /> hereinalter reterred to as the'Note",to,U�1�TED NEBRASKA BANK
<br /> y _, hereheRer refirred to 8a the "Lender", ol the same date and coveriny ihe Nr��=
<br /> 1�'.�
<br /> � property descrWed In the Security instrument and Iocatod at: -[ �
<br /> t�.
<br /> . R`.;-
<br /> q��� �T^WERIDGE PATH GRAND �SLAND NEBRA KA 88801 °�•--
<br />- - - (ROO�rty Addr�s�) _
<br />_ �
<br /> - - WITNESSE7H:
<br />� WHEREAS,Botrower and Lender hnve apreed that any rents and prafRa attributabie ta the property shouid constitute addRional seourrty -Y--
<br /> � to the Lendef lOr the payment ot the Note;
<br /> ` •• NOW,THF.REFOFiE,It b apreed that the Security Inetrument shail be amended hereby and deemed to inciude the followin0 provisbne: .Y-
<br /> •� � , �
<br /> 1. �slonment of Re�ls and Lender Rental Collection Rtahts. Bortower hereby sbsoluteiy and unconditionaUy assVpns ell rents, (seues �
<br /> and protRS of the propeRy to Benefblary. Lender shall have the right,power and authority durinp the continuance ot the Securfty Instrumant
<br /> .��.
<br /> '�'���' " to coilecl the rents,Issues and profits ot the property and of any personal property loCated thereon with or without tekhy possession of Ihe
<br />'r�•,•,,:, �;, property aftected hereby. Lender, however, hereby coneents to Bortowera Colleotbn and�etantbn of such rents,Issues and profRS as Ihey
<br /> � accrue and become payab�e, so lonq as Borrower Is not, at such tkne, In default wtth respect to paYment of any indebtednesa secured
<br />��": � "' � hereby, or h the pertortnance of any aqreement hereunder. -�--
<br /> :.�rt:
<br /> . . 2, enoointment of Rec�htQS• ��any event ot defauh In respect to the Seourity InsWment ehall have ocouned flnd be contlnuln0�Lender, _
<br />'`•�•��`•i''�' a s a matter of rfpht and wfthout notfCe to Dorcower or anyone clalminfl under Borrower,and without regard to the value of the trust estate or '
<br /> _ '.M1,., :,. .
<br /> the Interest af tho Borrower therein,sheli have the right to appy to any cou R hev i n g J u r i s d l c t i o n t o a p potnt a receNer of the property.
<br />;.�'•�,t •w� 3. Riaht lo Possession. In cese o} d e f a u R i n t h e p n y m e n t o f t h e S eid p r:�a i pal Note or interest, or any pan thereof,as ft shall malure,
<br /> i-:,;::..;,
<br /> or h the case of ffiIlure to k6ep or peAorm any of the convenants or aqreementa aontahed In the Secu��ty �nst�ument,then t he Le n d e r, t s
<br />=«..�• ..•,y< successors or essipns, shell be and Is hereby authorize 8 p°oceeds hereof to theePayment�of the Notefon o} the sald premises therein
<br />'i;, ' "' described and to colbct the rents theretrom,and to apply
<br />�,e;•:_'..:
<br /> hr�`>.: �.2 a. A�plfcation^' °°^'� �ssues a�d Prqfits. AII rents collected by Lender or the receber shall be applied first to payment of the cos s
<br /> _'�:�,r+r. , ra�c, remlums on receivers bonds tnd
<br /> -,,,o_,,,,�„ of manayamont of the propeny and colfectlon of rents, na�uanp, bui nui 14�xed tc, r�eF.e�s P
<br /> "Yj� �(�� reasonable aqorney's fees,and then to the sums secured by the Securky Instrument.Lender and the receHer shali be Iiable to account only
<br /> �..:�.�`..:
<br /> r��_ ,
<br />_ _��ti;�' tor those rents actual l y receNed.
<br /> �-..� �.��:
<br /> �" '`'�a'° � 5, e,,.,�12�q� ot ProvlSlons. Each of the provfsbns contahed in thls ASSignment of aents Rider and the Security Instrument eha ,
<br /> ....,.��,.,,
<br />�;�,t-._:, ��
<br />,,,s ,•:�•Y. unless otherwlse speaNfcalry required, be consTrued in accordance with Nebra6ka iaw, and In !he event any provisbn herein of t e
<br />'-"��,;i'�� contained shall be d9lermined by a court of competent Jurlsdfctlon to be unenforceable, the same shall be construad as thouph auoh
<br />=3�; • -
<br /> =- �;;�:.�:� . unentorceable proviSion were not part hereot or thereot.
<br />�.�1._'W.�.
<br /> ,*.,,:,••t. 6. EHect ot Rlder. ExCept as specMicaily modified by or InconSlstent wiSh this Asslynment of Rents Rider or by eny other epp�C�b
<br />":r._,::�x;.=,' � rfder,all of the torms and p�ovisfons contained in the SeCUrity Instrument shall contfnue h full force and efleot.
<br />- :,TP.- .
<br />��„iT�,u����
<br /> �����" IN WITNESS WHEREOF. Borrower has executed this Assfgnment of Rents on tho da t noted abovo.
<br />�*'S�r.ft"-.,
<br />-'''"±"��F , Borrow RA D L L SKA KA
<br />_. . ' ?,:�
<br />�' .,: �.1�' QG�Q�� _
<br /> � � Bo�ww�r �.S�L�
<br /> -r--:��:y,;�.r' .:t
<br /> . ` �:ar.- ..�.
<br /> " � STATE OF NEBRASKA
<br /> � ss:
<br />_ � I COUNTY OF HALL
<br /> ,e On this 9th day of February , 1998 before me, the underslgned, a Notnry Pubib duly commissloned and
<br /> qualified tor sald county,oersonaily ceme RANDALL L SKALKA AND MARLA K SKALKA HUSBAND AND WIFE. ,'o _
<br /> � be the Ident�al Oerson(s)whose neme(s) lelare subscribed to the foregoing instrument, and hefshelthey acknowledqe the exeCUtlon Ihereof =
<br /> 4 to be hislherltheU voNntery act and deed. in sald cou�ly. tne
<br /> ; Witness my nand and Notar�ai Seal at GRAND ISLAND , NEBRASKA
<br /> date aforesafd.
<br /> w%�/�cf.� tvo ry wouc ��,LIAM L. MCLEL
<br /> - —_--- �i� ��4f� �QA(
<br /> My Commiss�o��expires: AUGUST 12 200 ^ ��-
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