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<br /> ABSIGNMENT OF RENTB
<br /> KNOW ALL MEN BY THESE PRESEN�S: Th�.t we, the undersigned Glenn L.Coehran and Bertha M.Cochran
<br /> (Husband and �ife) of Grand Island County of Hall State of Nebraska for and in consideration o
<br /> Eighteen Hundred gifty and No/100 DOLLARS, �o us ae a loan in hand }iaid bp the UNION LOAN AND
<br /> IF
<br /> SAVINGS ASSOCIATION, of the City of Lineoln, Laneaster County, 8tate of NebraBka, and other �o
<br /> and valuable consideration, the receipt whereof is hereby aeknowledged, do hereby assi�n, tran
<br />, fer, and set over to the UNION LOAN AND SAVINGS A9SOCIATION, as collateral security for said
<br /> loan, f or so long as said loan or any part thereof remains unpaid, the ren�ts and revenue accru �
<br /> for the period of the duration of the loan above mentioned, upon the following d.escribed prope ty
<br /> situated in County of xall, St�.te of Nebraeka, to-wit: Lote 12, 13, 14, 15 and 16 B1ock 10,
<br /> University Place Addi�ion to Grand Island,Nebraska.
<br /> And we hereby authorize and empovaer the UNION LOAN AND -SAVINGS ASSOCIATION, its authorized
<br /> agents and attorneys to aet for us, and rent the above described premises or any part �hereof ,
<br /> and in our place collect and receipt for said rent, either monthly, quarterly or yearly, as th y
<br /> may see fit , and in default of the payment of said rent or any pa,rt thereof to proceed in its
<br /> own name b,y suit or suits at law for the recovery of said rent or for the recovery of the pos-
<br /> session of sai.d premises in such manner as it shall deem fit.
<br /> This assi�nment of rent is being made for the express purpose of having the rent colleeted
<br /> hereunder applied to payments of principal, interest �.nd fines on the loan of �1�50.00 above
<br /> described, as agreed by us to be paid in the bond executed by us to said Association in the
<br /> sum of �1�50.00 and th e real estate mortga,ge on the property abo�;e described securing said
<br /> bond. -
<br /> $aid Association may, in itB discretion, use the rents so far as necessary for the purpose of
<br /> making sueh repairs upon the premises as, in its judgment, may be proper and may use said
<br /> rents so far as necessary for the payment of insurance premiumB and taxes upon �aid premiees,
<br /> �- ,
<br /> or any other payments to be made by us under the terms of �he bond and mortga�e mentioned, the
<br /> balanee to be applied upon the payment of monthly duee , interest and fines on $aid certificate
<br /> and loan.
<br /> This aesignment and trangfer 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 /> Dated thie 26th day of �ay, A.D. 1932.
<br /> Witnesses:
<br /> C.T.P'lower Glenn L.Coehran
<br /> Bertha M.Cochran
<br /> BTATE OF NEBRASKA ) On this 26 day of May A.D. 1932, before me, the aubscriber, a. Notary
<br /> ss.
<br /> HALL COUNTY 3 Pub13.c, duly commissioned and qualified f or and residing in said
<br /> Qounty of Hall personally aapeared Glenn L.Cochran and Hertha M.Cochran (Husband & '�ife) to
<br /> me known to be the identical persons described in and �ho executed the foregoin� instrument a �I
<br /> �
<br /> �ran�ors and they severally acknowledged the said instrument to be their voluntary aet and de d.
<br /> IN �`ITNE9S WHEREOF, I have hereunto set my hand and Notarial 8ea1 at Grand Island, in said ,
<br /> .
<br /> County, the day and year last above written.
<br /> O.T.Flower
<br /> (SEAL) �fotary Publi,c
<br /> My commission expires Sept. 9th,1937. -
<br /> Filed for record this lst day of June, 193z, at 4;�#5 0' clock P.M. ��=���-�-� .
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<br /> � Re�ister of Deeds
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