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<br /> � . A�ICi��1tiENT O� R�L�TS F31DER ; 9�"' ��e°��5 - . �
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<br /> , • ���,. � THiS ASStGNMEM OF AENTS RfO�i is m8de 8nd mceCUted this 4tot day of MAfCh . 19 8 8nd is �•�`..� r : •
<br /> : °'` " '•f�';. � mcorporsted irto 8nd S�aD De deemed t0 emend and Supplement the Mortgsg9 Or Deed Ot Trtist, herea�sset tetert8d t0 es the'SBCUrIIy `«. � F,�`` �
<br /> - •- � Instrument", of t�e se� date given by the unQersigned, h9reinaRer referred to es the 'Bortower, to secure Bartowefs indebtedness. .. .,.
<br /> . . i � deremaRer reterred tb as ttie'Note'.tc UNITEO NEBRRSK/�! �ANEi .` s ` . ( .
<br /> .�herein8ftet refetred to es t�e 'Lender', ot the seme dat9 end Covedtlg the
<br /> . , � properly d85Cnbed in the SeCUti2y InSUUmenlBrtd tocated et ,' ,
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<br /> �� �. • � 3111 DIXIE SaUAAE GRAND ISlAND NE�Aa-��68803 � ' ��� �r �
<br /> . . - '- ' ; (Prowny Aameu{ `.-'c,.� .
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<br /> , �:..:x�.: w�rNesSErH: .�-,.� . .
<br /> ` ` F ��. WHEREAS,8ortower and Lender have agreed that any rents srtd profds attnbutable to ths property shouid const�te addtionai sscuriry .,'f�
<br /> ` � to the Lertder tor the payment of the Not�: ` -
<br /> '5�,.
<br /> � NOW,THEREFORE.It is agreed that the Sscutdy Instrument sha8 tie emended hereby and deemed to incfuds the toUowing provisions: _
<br /> . ' � ` 1. Asa�rntment of Rents and Lender Flsntal Cotlection Riahts. Baaower hereby BbSOfutely and unCanddionallyr ass�gns aU rent9.Issues �
<br /> � � and profds ot the property to BeneficFary. Lsndor sha0 t�ave the righ�power and euthorRy dudng the eonttnuance of the Secunty Instrument ' �� "�'Jr-
<br /> . . ' .M.,:.•, ��_
<br /> � to collect the mnts.Issues and profits of tAe property and of any personal praperty IaeaLed thereon w�7h or v�nhaut ffiking Oossesston of Me � '� , _�:
<br /> • ' property af(ected hereby. Lender,how�rer, hereby consents to Borrower's collection and retention of such rer►ts,issues and proftts as they �=�'"r°
<br /> accroe artd 6ecome payabte, so Jortg as Boaower is not, at such t6ne, in detauit with raspect to payment of any indebte�ess seeured ' �`=�=-
<br /> � hereby.or in tne perfottttanee ot any agreement hereundet ��.`�-=_
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<br />' ' . �•� � 2 Aoaointment of Recelver. If any event of defauft fn respect to the SeeurAy Irtstiument shal!have oeeurted and be continuing,LereQer, . .; •�e.-_-:
<br /> as a matter of right and w�thout noUce to Borrower ar anyone cfaimfig under Bartower,artd wdhout tegard to the vatue of tha trust estate or ^.:���`
<br /> � the�terest Of the Borrower therert�,shall heve the rtght to spply to any couA h8ving JutisdlCtlon to appoint 8 teCelvar of the property. ( 's� "�-
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<br /> , ' ,�" 3. Riaht to Possession. In case of QefauR in the payment of the said princ�al Note or interest,or any pert thereof,es ft sheU mature. . '��•
<br /> or in Me case of faiture to keep or pertorm any of tha comrenanis or Bgreements contained(n tha SecurSry Insuument,tAen the LenQer, Rs .�-'��j.':�
<br /> � successors ar asstgns, shali be and is hereby authorimd and empowered to take (mmediate possession a! ffie said premises therein ;'?"
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<br /> � descrbe0 and to coUect the rents therefrom.and to appy the proceeds thereo!to Me payment of tAe Note. �:°`4�r.s
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<br /> 4. A�plication of Renis. Issues and Profits. All cents cotfeCted by Lender or the receiver shall be appl�d fust to payment of the costs ��^'�•���� �
<br /> ' of management of the property an0 coltection of rents, includ'mg, but rtoi iimited to, receNers tees, premiums an receivers boads and � ,,�.�ti`.°''��t�
<br /> � reasonable attomey's fees,and then to the sums secured by the Securiryt tnstrumen�Lender and the reCeiver S�ali be I"iabte ta acCOUnt onty , � '!�.
<br /> � tor those rents actualry received. " , �r;����
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<br /> . 5. Construction ot Provisions. Each of the provisions contafied in this Asstgnment ot fients Ridev and the Security Instrument shail, °� -:• �.�,r'r_.
<br /> - . uNess othenvise specHicairy required, be consirued in accordance wi[h Nebraska law, and in the event eny proviston hereu� Ot therein ' �-�-
<br /> .. .� , contained shalt be detertnined by a court of eompatent Jur(sd'eUon to be unenforceabte, the same shall be consuued as thougt► sueh • ���"�"`�� �
<br /> � ' f .;:: unenforceabte provision were not part hereol or thereo}. �'r�•�.,
<br /> .;..�,�.'.�,
<br /> � 6. ENect of Rider. E�ept as speciffc�ai mad�ied by or inconsistent with this Assl ment of Rents Rtder or by any other epp�able `�$��
<br /> ty ifl sn ..�,..�.,_:
<br /> ' rider,all of the terms and provisions conffiined in the Security Insbument shall Continue in fu0 torCe and effeC� � ''�'--�
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<br /> - '�-�rll4�r:
<br /> � �� IN WITNESS WHEi�OF,8orrower has executed this Assignment of Rents Rider on th date Rrst noted abo . .a-**-=�
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<br /> . - .- . .•:Si Si,'
<br /> : � eo o�., CE R . .���
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<br /> � � � . � CLh .� ..G ; .
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<br /> ' " eorroeer 5`�- MERS . ��•� ' �
<br /> � � STATE OF NEBRASKA ` � , '
<br /> ' � �ss: • -. .. . .
<br /> � COUNTY OF HALL ' � � .
<br /> �� . . On this 41h day ot March , 1988 , before me, the untlersigned. a Notary PubliC duly Commissioned an0 .-
<br /> . ' ' quai�l�eu tor sa�d county,persona�ly came LANCE R LAMERS AND SHEL.LY Q LAMERS HUSBAIVD AND WIFE, �
<br /> � � ,to .
<br /> . be the fde�tiCal pBrSOn(5) whose name�s) is/are subsCribed t0 thA�oregoing insWment, and he/she/thgy BCknowledge the execution th9reof • „
<br /> � � � to be hislhedtheir v0tuntSry 8Rt and deed.
<br /> � wrtness my nand and Notar�a�Sea�at GRAND ISIAND NEBFIASKA sa+d county,the �.
<br /> ' i date e}ore58id. � �. '
<br /> ��,.•��� N � onc A MC • '. .
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<br /> • : My Comm�ssion exptres: QiUGUST 12� yOf •
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