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<br /> ASSIGNI�ENT OF RENTS, �.
<br /> KNOR� ALL ME�i BY THESE PRLSENTS: That �e, the undersigned, J.�alter Sher�ood and Helen T. �
<br /> �3her�oad, husband and wife of C�rand Island,County of HaI1,State-of Nebraska, for and in oon-
<br /> sideration o� Fifty Four Hundred and No/l00 DOLLARS to us as a loan in hand paid by the UNION
<br /> LOAN AND SA�TINGS ASSOCIATION, of the Oity of Lincoln,La�caster County, State of Nebraska, and
<br /> other good and vaZuable consideration, the receipt whereof is hereby acknowledged, do herebq
<br /> assign, trans;�"er, and set over to the t1AI0N LOAN AND �AVIPiGS ASSOCIATION, as collatera� securi p
<br /> for said loan, for so long as said laa,n or any part thereof remainB -unpaid, the rents and
<br /> revenue accruin� for the period af the duration of the loan above mentioned, upon the followin
<br /> described pro�erty situated in County of Hall,State of Nebraeka to-wft; Lot Four (4� and that
<br /> part of Lot Five (5) ,more particularly described as follo�ra; Cc�mmencing at the Northwesterly
<br /> corner of Block 4�; thence in a Northeasterly direction along and parallel with the 3outheaste ly
<br /> line of 12th 3treet 52.� feet to the Narthwe�terl�r corner of s�.id Lot 4; thence in a 3outheast
<br /> erly direc�ion along and parallel �ith the line between said Lots 4 and 5, 66 fe�t; thenee at
<br /> ri�ht angles and in a �outhwesterly direction 52.� f eet to the 8outhwesterly line of gaid Lot
<br /> 5 and Bloek �+�; thence at right anglee and in a North�esterly direction along said Southwester �
<br /> line, 66 feet , tv the place of beg3nning, in Russell YPheeler�s Addition to Grand Island,Nebra� a.
<br /> And we hereby authorize and empower the U1�IOi4 LDAN AND SAVII4GS ASSOCIATION, its authorized
<br /> a.gent� and attorneys to aet for us, and rent the above descri.bed- premises ar any part t�ereof, �
<br /> and in our place cbllect and reaeipt for said rent, either monthly,qua.rterly or yearlq,as the�
<br /> may see fit , and in default of the paqment of said rent or anq part thereof to proceed in its
<br /> o�en name by euit or suits at law for the recovery of said rent or for the recovery og the pos-
<br /> session of said premises in such ma,nner as it shall deem fit.
<br /> Thie assignment of rent is being made for the eapress purpose of having the rent collected
<br /> heretulder applied to paymente of principal, interest and ffnes on the loa,n of �54�0.00 above ! %
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<br /> deseribed, as agreed by us to be paid in the bond e�secuted by us to said Assoaiation in the �
<br /> sum of �S�OQ.00 and the real estate mortgage on the property above described securing said bo .
<br /> �aid Association may in its diacretion,use the rents so far ag nec�easary for the purpose of
<br /> making such repairs upon the premises as, in its judgment, map be proper and may �se said
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<br /> rents so far as necessary for the payment of insurance premiums and taaes upon said premises, �
<br /> or any dther payments to be t�ade by us under the terms of the bond and mort�a,ge above mention ,
<br /> the balance to be �pplied upon the payment of monthly dues, interest and finea on said certif ate
<br /> and loan.
<br /> This assignment and transfer of rents and revenue �o be abaolute to the extent of the total �
<br /> the payments above mentioned from and after this date. .
<br /> Dated this 2� day of March A.D.1�31.
<br /> �itnesses: �
<br /> C.T.Flower J.�alter 8herwood
<br /> _ Fielen E.�herwood
<br /> STATE OF NEBR.ASKA ) On this 29 day of Maroh, A.D. 1931, before me, the �ubscriber,a Nota �r
<br /> ss.
<br /> HALL COUNTY 3 Public, duly oo�nmissioned and qualified for and residing in eaid Coun y : -
<br /> of Hall personally appeared J.�ialter Sherwood and Helen E.9herWOOd,husband and wife, t0 me
<br /> �nown to be the identica]. person� described in and who executed the foregoing inetrument aa
<br /> � �r�,ntor and they severally acknowled.ged the said fnstrwnent to be their voluntary aet and dee .
<br /> IN WI'�NE�S WHEREOF, I have hereunto set my hand and Plotarial seal at -------- fn �afd
<br /> County, the da� and year last above written.
<br /> _ C.T.F2ower
<br /> M� commission expires Sept. �,1931• (HEAL) Notary Pu�lic
<br /> Filed for record this 31st day of March, 1931, at 1:�+0 o� clock P.M. ��.��
<br /> g s er o ee s
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