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P�`� �
<br /> ����1��J��i ��j � � ��j� ��� �
<br /> � � ��� � �� �
<br /> in said County, the day and year last written.
<br /> �dary Ranaom
<br /> (SEAL) l�otarp Public
<br /> �y coinmission expires Bept. �, 1936.
<br /> Filed for record this 17th day of Deeember, 1930, at �:3� a'clock P.�d. ����.-�
<br /> Re�ister of ee e
<br /> 8-0-0-0-0-0-0-C1-0-0-0--0-0-0-0-0-0-0-0-0--0-0-0-0-0-0-(�-0-0-(7-0-0-0-E}-0-�-0--0-0-0-0-4-C�-0-0-d-�-
<br /> RENTAL AGREE�ENT '
<br /> M�
<br /> KNC?@� ALL MEN BY 2HESE PRESENT9: � That , the undErsi�ned Cassius �.Doty 8� �dna BtDoty,hueband
<br /> and wife, of the Cou�ty. of La.ncaster and State of Nebraska, for and in consideration. of a loan
<br /> of �2�00.00 made by the Occidental Building � Loan Association of Omaha, Nebraska, and vther
<br /> � good and valuable considerations, the reeeipt of �hich is hereby aekno�ledged, hereby �rant
<br /> and convey to said association full pov�er and authority, throu�h its author��gd a�ents and
<br /> attorneys , to rer�t the premises hereinafter deseribed, or any part thereof, and to collect and
<br /> receipt for said rent monthly,or in any other manner as sa.id Associatian and its authorf.sed f
<br /> a�ents maq desm be�t , and in default of the payment of said rent or any part thereof, to proce d
<br /> in the name of the owners of said premfses, or i� the name of eaid Association, to xecover sai �
<br /> rent by a suit at law ox in equitq 3.n such manner as said A�sociation shall deem best; and the
<br /> undersigned fuxther assi�n, transfer, and set over to aaid Assoeiation as collater�.l securi.ty
<br /> for said Ioan for so long as said Ioan or �ny part thereof rem.�,ins unpa3d, the net proceeds ��
<br /> arisin� from said rents and re�enue aecruing for the period of the duratior� of said loan above
<br /> mentioned from the follo�ing described premises situated in the County of xall a.nd 8tate of
<br /> . ti
<br /> Nebraska to-wit: AI1 of Fractional Block Twelve (12} �[allich's Addition, together with ite v
<br /> co�plement , beir� fractianal Lots Nine (9) and Ten (14), in Bloek One {1) in Bonnie Brae
<br /> �.
<br /> Addttion, both Ad�.itzons to the City of Gra.nd Island,Nebraska, according to the recorded plat
<br /> thereof. °�
<br /> �his a�reement ie made for the eX}�ress purpose of having the net proceeds from the rent and
<br /> �
<br /> incame colleoted hereunder ap�lie.d to the paymen�s of prineipa2, interest and fi.nes on the lo
<br /> above deecribsd, as a.�reed in said note and mortgage to be pa3d to said AssoQiation, and it i
<br /> a�reed that said Association shali first be reimbursed for all eu�s paid for collection fees
<br /> and for all costs, fees and expenses in protectin� said premises and in recoveri.ng p4see�sion
<br /> thexeof f rom delinquent tenants or other persone.
<br /> 8aid Associati,on �ay, in its discretion, use the renta so far as nece�sary for the purpose of
<br /> making auch repaira upon the premises as in �ts judgment may be proper, and may uee said rent
<br /> so far as neeeesary for the payment of in$urance premiums and taxes and _aseeasmente upon s�,id
<br /> premises, or any other payments to be ma.de by the underaigned under the terms of the note and
<br /> mort�a�e menti.oned above, the balanGe to be applied upon the pa.yment of monthly dues, interes
<br /> and fines on said certificate and loa,n. _
<br /> It is further agreed that said Association shall in no case be liable for failure to procure
<br /> ten�.nts for said premises or for failuxe to collect rent� from said tenants, or for any dama� s
<br /> in handling said rent accounts and in earin� for said premises or any part there�f.
<br /> The power and authority to collect and ap#�ly said rents and revenue sha11 be absolute to the
<br /> eatent of the tatal of the payments above mentioned from and after this date and ehall nat be
<br /> terminated without the written consent of said Associ�,tion and shall be binding upon the unde -
<br /> si�ned and upon the heir� , represer�tatives, successore and assi�r�e of the und�rsigned.
<br /> . �ated this second day of �ecember, 1�3�.
<br /> In the Presenee of :
<br /> GFlen 8tevens C,M.Doty
<br /> �dna R.i3otp
<br />
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