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<br /> ASSI(�NMENT OF RENTS _
<br /> KNOW ALL MFN BY THFSE PRESENTS; That I , the undercigned Guy L.Bastian of Grand Island, County �,
<br /> of Hall, State of Nebraska, for and in consideration of T�enty Three Hundred And No/100 DOLLAR , \
<br /> to us as a loan in hand paid by the DAVID CTTY BUILDING .AND LOAN ASSOCIATION, of David City, �
<br /> Butler County, State of Nebraska, and other good and -valuable consideration, the rec�ipt where f �
<br /> is hereby acknowledged, �o hereby assign, transfer, and set ovex to the DAVID CITY BUTLDING ANDI
<br /> LOAN ASSOCIATION, as collateral security for said loan, for so long �,s said loan or any part '
<br /> i r v nue accruin for the eriod of the duration of the I
<br /> thereof remains unpaid, the rer�ts and e e g p t
<br /> loan above mentioned, unon the follo��in� described property situated in County of Hall , Sta�e
<br /> �of Nebraska, to-wit : Lot Three (3) in Block Troventy-eight (2�) in Charles �lasmer � s Add.ition to
<br /> the City of Grand Island,Nebraska.
<br /> IAnd we hereby authorize and empower the DAVID CITY BUIL�ING A�1D LOAN ASSOCIATION, its authoxiz
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<br /> � a�ents and attorneys to act for us , and rent the above described premises or any part thereef ,
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<br /> and in our place collect and receipt for said rent , ei�her monthly, quarterly or yearly, as
<br /> � they may see fit , and in default of the payment of said rent or any part thereof to proceed in
<br /> � its own name by suit or suits at la� for the recovery thereof in such ma.nner as it shall deem
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<br /> Ifit.
<br /> This assignment of rent is bein� ma,de for the express purpose of having �he rent collected
<br /> � � hereunder applied to payments of principal, interest and fines on the loan of �2300.00 above
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<br /> � idescribed, as agreed by us to be paid in the bond executed by us to said Association in the �
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<br /> Isum of �2300.00 and �he real e'state mortgage on the property above described securing saia bon .
<br /> Said Aeaociation may, in its discretion, use the rents so far as necessary f or the purpose of
<br /> � ' makin such repairs upon the premises as, in its judgment , may be proper and may use said rent
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<br /> iso far as necessary f or the payment of insurance premiums and taxes upon said premises, or any
<br /> Iother payments to be made by us under �he terms of the bond and mortgage above mentioned, the �
<br /> balance to be applied upon the payment of monthly dues, interest and fines on said certificatel
<br /> ; and 1oan. "
<br /> � This assignment and transfer of rents and revenue to be absolute to the extent of the total of�
<br /> � the payments above mentioned from and after this date. -
<br /> iDated this 2nd day of October, A.D. 193�•
<br /> Witnesses:
<br /> A.E. Cady Guy L.Bastian
<br /> STATE OF NEBRASKA ) On this znd day of October, A. D. 1931, before me, the subscriber , a
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<br /> HALL COUPTTY � Not�.ry Public, duly eornmissioned and qualified for and residing in
<br /> said County, personally appeared Guy L.Bastian to me kno�an to be the identical persons des- i
<br /> � cribed in and who executed the foregoing� instFrument as grantor and they severally acknaavledge
<br /> the said instrument to be their voluntary act and deed.
<br /> IN WITN�SS WHER�OF, I have hereunto set my hand and Notarial 9ea1 at Grand Island, in said '
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<br /> County, the day and year last written.
<br /> D.H.Meves
<br /> I (BEAL) Notary Public
<br /> �� My commission expires Aug. 15, 1935. �
<br /> Filed for record this 15th day of �ctober , 1931, at 9:00 o� cloek A.M. ���Q�������
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<br /> Register of Deeds
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