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<br /> �` ASSIGNMENT OF uENTS
<br /> KNOW ALL riIEN BY THESE PRES�'I�TTS: That �e, the undersigned Lola M.�iYalker �: Ernest L.S�alker , �Pif
<br /> I & Husband,�fGr�,nd Is1an�, County of Hall , st�,te of Nebraska, for and in considera�ion of Thirty
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<br /> ; six Hundre� And No/100 DOLLARS, to us as a loan in ha,nd paid by the DAVID CITY BUILDING AND
<br /> � LOAN ASSOCIATION, of David City, Butler County, State of Nebraska, and other good and valuable
<br /> + consideration, the receipt �hereof is hereby ackno�rledged, do hereby a�sign,transfer , and set
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<br /> � over to �he DAVID CITY BUILDING AND LOA1� ASSOCZATION, as collateral security for said loan, fo
<br /> �� so lon�; as said loa,n or any part thereof remains unp�,i.'d, the rents and revenue accruing for th
<br /> , period of the duration of the loan above mentioned, upon the following described property sit-
<br /> � uated in Count�r of Hall, 8tate of Nebraska, to-wit ; Lot 7, Blc�ck 129 ,Union Pacific Railway
<br /> i; �' Company� s Second Addition to Grand Zsland,Nebraska
<br /> � ' And we he-reby authorize and empower the DAVID CITY BUILDING AND LOAN ASSOCIATION, its authoriz�d
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<br /> N � agents and a?:�torneys to ac-� for us , and rent the above described premises or any part thereof,
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<br /> I� and in our place collect and receipt for said rent , either monthly,quarterly or yearly, as th
<br /> � � nlay see fit , and in default of tne ti�.yment of said rent or any part thereof to proceed in its �
<br /> � Ii ovun name by suit or suits at la,w �or the recover.y thereof in such manner as it sha11 deem fit.)
<br /> IThis assignment of rent is being ma�e for the express purpose of having the rent collec�Eed �
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<br /> � � hereunder applied to payments of principal, interest and fines on tne loan of �3600.00 above
<br /> � � ; described, as a;reed by us to be paid in the bond executed by us to said Association in the
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<br /> j �um of �3600.00 �.nd the real e�tate mortgage on the property above described securing said
<br /> � bond.
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<br /> Said �i�sociation may, in its discretion, use the rents so far as neeessary for the purpose of
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<br /> � m�,king such repairs upon the premises as , in its judgment , may be pro�er and may use sa�d ren s
<br /> � so �ar as necessary, for the payment of insurance premiums and taxea upon said premises , or a y
<br /> ,; other payments to be made by us under the terms Of the bond and morj.�gage above mentioned, the !
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<br /> , balance to be applied upon the payment of monthly dues , interest and fines on said certificat '
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<br /> ! and loan. ,a
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<br /> � This assignment and transfer of rents and revenue to be absQlute to the extent of the total o
<br /> I the p�.yments above mentioned. �rom and af'�er this date.
<br /> � Dated this 2nd day of Sept. A. D.1931. %
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<br /> ; Witnesses: t
<br /> ; M�.ry Ransom Lola M.�Palker
<br /> ; Ernest L.�falker
<br /> STATE OF NEBRASKA ) On this 2nd day of September A.D. 1931 , before me, the subscribex, a !
<br /> ss.
<br /> � HALL COUNTY � Notary Public , duly commissioned and qualified for and residing in sa d
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<br /> ` County, person�.11y appeared Lo�a M.�falker & Ernest L.VGalker,Wife & Husband, to me knoti�n to be I �
<br /> �� the identical persons described in and who executed the f oregoin� instrument as grantar and
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<br /> they severally acknozcled�ed the said instrument to be their voluntary act and deed.
<br /> � IN WITNESS iN'HEREOF, I have hereunto set my hand and Notarial Sea1: at Grand Island, in said
<br /> iCounty, the day and year last written.
<br /> i
<br /> Mary Ra,nsom
<br /> ; (SEAL) Notary Public
<br /> i My commission expires sep-�.9 ,1936.
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<br /> ; Filed for record thi5 ZOth day of September , 1931, at � :�+0 o� clock A.M{`J����-�, �
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<br /> I Register of Deeds
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