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<br /> ASSIGNMENT OF RHNTS
<br /> �KNOW ALL MEN BY THESE PRESENTS: That �rP, the undersigned James C.Cook and Sarah E.Cook, husban
<br /> �j and avife, of Grand Island, County of Hall, 8tate of Nebraska, for and in eonsid.eration of Seve
<br /> �jHundred and no/100 DOLLAR.S, ta u� as a loan in hand paid by the DAVTD CI?'Y BUILpING AND LOAN
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<br /> i� ASSOCTATION, of David City, Butler Coun�y, State of �ebr�.ska, and other good �,nd valuable con- �
<br /> �isideration, the receipt whereof is hereby acknowledged, da hereby assign, transfer, and set ov r
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<br /> '; to the David City Buildin� and Loan Association, as collateral securi�y f or said. 1oan, for so
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<br /> ilon�; as said loan or any par� thereof remains unpaid, the rents and revenue accruin� for the
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<br /> period of the dura�ion of the loan �.bove mentioned, upon the fallowin� described property situ
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<br /> �� ated in County of Hall, S�ate of Ptebras�a, to-wit ; �
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<br /> � North Half ( 1�) of Lot Thirteen (13) , and all of Lot Fourteen (14) in �lock Three (3) �.n i
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<br /> Pleasant Hi11 Addition to Grand Island,Nebraska.
<br /> � And we hereby authorize �.nd empo�ver the DAVID CITY BUILDING AND LOAN ASSOCIATI(�N, its au�Ghoriz d
<br /> � agents and at�orneys to aet for us, and rent the above described premises or-a.ny part thereof, "
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<br /> iand in our place collect �.nd receipt for said rent, either monthly, quarterly or yearly, as �
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<br /> '' they may see fit , and in default of �he payment of said rent or any part thereof to proceed in
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<br /> ; its own name by suit or suits at law for the recovery ther�of in such manner as it shall deem �
<br /> � � fit. � . �
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<br /> ' This assi�rnnent of rent is being made for the express purpose of having the rent eollected ,
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<br /> � hereunder applied to payments of principal, interest and fines on the loan of �700.04 above
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<br /> ' described, as agreed by us to be paid in �he bond executed by us to said Associa�ion in the
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<br /> ` sum of �700.00 and the real estate mortga�e on the property above described securin� said bon
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<br /> � 9aid Association may, in its discretion, . use the rents so far as necessary for the purpose of
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<br /> � makin� such repairs upon the premises as , in it� jud�ment , may be proper and may use sa.id rent
<br /> iso far as necessary for the payment of insurance premiums and taxes upon said premises, or an
<br /> ± other payments to be ma,de by us under the terms of the bond and mort�a�e above mentioned, the �
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<br /> i balance to be applied upon the payment of monthly dues, interest and fines on sa ce
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<br /> and loan.
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<br /> This assignment and �ransfer of rents and revenue to be absolu�e to the extent of the total ofl
<br />'� � the payments above mentioned f rom and after this date.
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<br /> 1 Dated this 9th day of June, 1932. I
<br /> iV�itnesses; James C. Cook
<br /> � Mary Ranaom �arah E. Cook
<br /> STATE OF NEBRASKA ) On this 9th day of June A.D. 1g32, before me, the subscriber, a
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<br /> I HALL COUNTY ) Notary Public, duly commissioned and qualifia�d for and residin� in
<br /> said County, personally a?�peared J�.mes C. Cook and Sarah E. Uook, husband �,nd wife, to me .knownl
<br /> to be the identical persons described in and who executed the foregoing instrument as grantor
<br /> and they severally acknowled�ed the said instrument to be their voluntary act and deed.
<br /> IN �iITNFSS q9'HFr�EOF, I have hereunto set my hand and Notarii�.l Sea1 at Grand Island,Nebr. in
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<br /> � said (3ounty, the d�,y and year Iast written. Mary Ransom �
<br /> (SEAL) Notary Public �
<br /> My commission expires Sept. � , 1q36.
<br /> Filed for record this 10th day of June, 1932, at 3:00 o� clock P.M. �
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<br /> �` Re�ister of Deeds
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