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<br /> �' � • ASSIGNMENT OF FiENTS RIDER ��r" �i���•�'71
<br /> • , .;�
<br /> • �� h 1998 , and �s E�_
<br /> , fy THIS ASSIONMENT OF RENTS RIDEF Is made and executed thls 11th day of_ F�f b�UlIN _.�
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<br /> �. Incorporated Into and sha11 bs deen+ed to amen0 and auppbment tha Monp�pe or Oeed of Trust, herelnarier relerrod to as the "SeourRy
<br />-" InatrumenY, of ths aarrN dete pNen by Ihw unWraipn�d, hNdhRflN rolerred to as the "Bonower', to secure Borrower's Indsble�nesa,
<br /> herelnefter relerred to es the•NOte",to UF�TED NEBRI�SKIt BA K �'
<br /> �� _, hor�fnYfter relerred to as the "Lender', ol the same date and coverinp the ��
<br /> , , i property aescribed In the SecurRy Inslrurt�t and bCeted et: �_:
<br /> t�.='�� ���� W DIVISION QRANQ ISLAND NEBRASKA 8e803 - •
<br /> (Prop�rry Addr�tq —
<br />� wiTNessErw: _
<br /> -. �fr WH�RHAS, Bortoww nnd Lsnd�r haw n9raed thnt any r�nta and profRs ittributable to tho property should oonstftute addRbnai eecurity
<br /> � lo the Lender tor the payment of the Note; �
<br /> NOW,THEREFORE,It Is apreed ihet ihe Securily Inetrument shaY be amanded hereby and deemed ta ktclude the followhp provlsbn6:
<br /> 1, Assk�nm�{ of Rents end Lend Rental �^Iiectbn Rlahts. Borrower hereby absoiutely and unCOndkbnaly asslgns eIi rents. Issues
<br /> - and profRs of the propeRy to BeneHClary, Lender shall have the right, power and authorRy dur'ng the continuance of the Seaurity InsWment _
<br /> ��� to colleat the rents,Issues and protAS of the property and ol nny personal property located thereon wRh or without takhp possesslon of tha
<br /> proparty 9ffected hareby Lender, however, hereby oonsents to Bortowers oaliectbn and retention of suoh rents,Issues and protit�as th�y
<br />-w- .
<br /> accrue end become payable, so lonp ae Borrower is not, at sueh tkne, in defauR wflh respeat to payment ot any indebtodnesa secured
<br /> • hereby, or In the performence ot any aflreement hereunder.
<br /> i; .:,.•.:
<br /> _ � fi 2. �ointmen�of ReceNer. If nny event of default In respect to the Saourky Inetrument 6hai1 have ocauRed and be oonthuinp,Lender. -
<br /> `'� as a matter of right and wRhoi,t not�s to Bonowe or anyon�clakninp und�r BoROw�r,and wkhout rpsrd to th�valu�ot ths tru8 �s 4• r
<br /> , , � the Interest of the 8orrower thereki,shaM have the rlpht to appty to any court havhy JurisdlCtlon to appoint a receNer of the propeRy.
<br />- •� 3. Ri�ht to Possesslon. In cese ot defeuR In the payment of the said prinoipal Note or hterest,or any paR thereof, as it shell mature,
<br /> or in the case of fallure to keep or pertorm flny of the convannnts or agreementa contained in the Security Instrument, then the Lender, its
<br />- • ' successors or assfpns, shall be end Is hereby authort:ed and empowered to tnke knmedlate posaessbn of the sald premises thereln
<br /> � . described and to coliect the rent� theretrom.and to 8ppy the procueds theroof to the payment of the Note.
<br /> 4. houiw�iw�� �t q^'" "'.•"'°^n ptQ���_ au rants collected bv Lender or the receHer shall be applled fPSt to payment of the costs
<br />�� of manaqement of the property and couectbn of rents, includinp, but not limked to, receiver's fees, premiums on receNers nonds anci
<br /> reasonable sttorney's tees, and then to the sums secured by thA Seaurity Inetrument.Lender and the receNer shell be lieble to account only
<br /> '��",f>+.��.w for those rents aCtually recehred.
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<br />` �� 5. Constructbn of Provisbns. Each of the provlsbna contalned In thls Asspnment of Rents Rlder and the Security Instrument e a ,
<br /> "�""".','~"• unless otherwise epsalfiaaly raqufred. bo construed h acaordanco wkh N�braska Inw, and In the event any provislon hersin of thxein
<br />'''"�' �•'•�:�� contahed shall be determined by a couR of competant Jurisdfotbn to be uneniorceeble, the same shell be Construad ab thouqh suah
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<br /> '' " °'•+ unenforceabla provisbn were not part hereof or thereof.
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<br /> 6. EHect of R�der. Except as specNk:aly modHied by or Inconsistent with thfs Asspnment of Rents Rider or by any other applbable
<br />�� r'.- ' rlder,all ot the tertns and provlslons coMflined h the SeCUr(ty Instroment shall COntinue in full torce end ettect.
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<br /> ' "`�Y��� IN WITNESS WHEREOF,8ortowe�has executed thls Assignment of Fi�enls Rider on the dete first nated above
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<br /> ao«a�•�DACi B.A. HELLSTEN
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<br /> " s «aw.�pAME J LL
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<br />�� � ' STATE OF NEBRASKA
<br /> + � ss:
<br /> � COUNTY OF HALL
<br /> . On thls 11th day of F�bruarv 1998 betore me, the undersipned,a Notary Public duty commissloned and
<br /> qualiffed for said county, personaur came DAG B.A. HELLSTEN AND PAMELA J HELLSTEN HUSBAND AND WIFE to _
<br /> . be the �dentical person(s) wnose narne(s) Islnro subscribed to the torepohp fnswment, and he/shelthey acknowledpe the executbn thereof
<br /> to be hislher/their voluntary dCt and deed.
<br /> W�tness my hand and Notar�e�Sea�at GRAND ISLAND , NEBRASKA _ �n sa�d county,the
<br /> d8te atoresaisi. . 1j
<br /> ��i GENERALHOiARY�St�teolNebr�sM�
<br /> SHERRI L.0'CALLAGHAN ,,,,.c coo �r.ei eG 4
<br /> —.____-_� (��" MyGOrm E�p_SeDt Z6.1999 � �'e"': - ....�..... - _'.�f
<br /> � My Comm�ssion expires: SEPTEMBER 28 1999 _
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<br /> F�os�s�Ma �c�en�
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