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<br /> ASSIGNMENT OF RENTS
<br /> KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned Evalene Fay Wright and H.J.Wright, ea
<br /> in her and his own ri�ht as wife and husband of County of Hall State of Nebraska. for and in
<br /> consideration of Twenty Four Hundred & no/].00 DOLLARS, to us as a loan in hand paid by the
<br /> DAVID CITY BUILDING A�TD LOAN ASSOCIATTON, of David City, Butler County, State of Nebraska, and
<br /> other ood and valuable consideration, the receipt whereof is hereby acknowledged, do hereby �
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<br /> a.saign, transfer, and set over to the DAVID CITY BUILDING AND LOAN ASSOCIATION, as collateral
<br /> security for said loan, for so long as said loan or any part thereof remains unpaid, the rents
<br /> bov mentioned u on the fol- �
<br /> and revenue accruing for the period of the duration of the loan a e , p �
<br /> lotvin�; described property situated in Qounty of xall, State of Nebras'�a, to-wit:
<br /> A parcel of land, bein� a part of Lot Seven (7) of Norwood�s Sub-diviaion, to the City of Gran v
<br /> Island, Nebraska, described as follovas ; Commencing at a point 33 feet East and 140 f eet North �°
<br /> of the Southwest corner of said Sub-division to an iron pin, thence North 140.5 f eet parallel �
<br /> to the center line of the Bt.Pau1 Road to an iron pin, being 33 f eet East of the Northwest cor - \
<br /> er of said Subdivision, thence East at righ� angles 237 feet to an iron pin, thence south at �
<br /> ri�ht anglea 140.5 feet to an iron pin, thence �Pest 237 feet to the place of beginning.
<br /> And we hereby authorize and empower the DAVID CI`PY BUIL�JING AND LOA1V ASSOCIATION, its author-
<br /> �zed a.gents and attorneys to act for us, and rent the �above described premises or any part
<br /> thereof , and in our place collec� and receipt for said rent either monthly, quarterly or yearl
<br /> as they may see fit , and in d ef ault of the payment of �aid rent or any part thereof to proceed
<br /> in its own name by suit or suits at law for the recovery thereof in such manner as it shall
<br /> deem fit. __
<br /> This assignment of rent is being made for the express purpose of having the rent collected
<br /> hereunder applied to payments of principal, interest and fines on the loan of �2400.00 above
<br /> described, as agreed by us to be paid in the bond executed by us to said As�ociation in the
<br /> sum of �24-00.00 and the real estate mortgage on the property above described securing said bon . .
<br /> 8aid Association may, in its discretion, use the rents so far as necessary for the purpose of
<br /> makin such re airs unon the premi�es as, in its judgment , may be �roper and may use said rent
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<br /> so far as necessary for the payment of insurance premiums and taxes upon said premises, or an
<br /> other payments to be made by us under the terms of� the bond and mortgage above mentioned, the
<br /> balance to be appSied upon the payment of monthly dues , interest and fines on said certific�,t
<br /> and loan.
<br /> This assignment and transfer of rents and revenue to be - absolute to the extent of the total o
<br /> the payments above men�ioned from and after this d ate. ',
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<br /> Dated this 7 d�.y of June, A. D. 1q32. I
<br /> Evalene Fay Wri�ht
<br /> Witnesses: H.J.Wright
<br /> Mary Ransom
<br /> STAT�' OF NEBRASRA � On this 7 day of June, A. D. 1932, before me, the subscriber , a
<br /> ss.
<br /> HALL GOUNTY 3 Notary Pub lic, duly commissioned a,nd qualified for and residing in �
<br /> s�,id County, personally appeared Evalene Fay �Aright a,nd H.J.Wright ,v�ife and husband, to me
<br /> known to be the identieal p ersons described in and vaho executed the foregoing instrument ae
<br />' grantor and tney severally acknovcledged the said instrument to be their voluntary act and dee .
<br /> ITd WITNESS �IHEREOF, I have hereunto set my hand and Notarial Seal at Grand Island,Nebr. in
<br /> said County, the day and year last written. Mary Ransom
<br /> (SEAL) Notary Public
<br /> My Commission expires Sept. �� 1936.
<br /> Filed f or record this 20th d.ay of June , 1932, at �:00 o� clock P.M.
<br /> ����-� ��`��-
<br /> Register of Deeds
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