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<br /> ��(`���j�j�����1J�JJ W.�✓J�.WJ ,�� LSI�������� �'
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<br /> ASSTGN�QENT OF RENTS
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<br /> I 'KNOW ALL M�'N BY TH^SE PR�'ST±�'NTS: That v�e , the undersi�ned Loren R.Popejoy and Nelle L.PopejoY, 'I
<br /> husband and wif� of Gra.nd Island, County of Hall , State of Nebraska, for and in consideration �
<br /> �of Nine Hundred and no/100 DOLLARS, to us as a loan in hand paid by the DAVID CITY BUILDING AN
<br /> i LOAN ASSOCIATION, of David_ City, Bu�tler County, State of Nebr�.ska, �.nd other �ood and valua,ble
<br /> 'iconsideration, the receipt �vhereof is hereby acknowled.ged, do hereby as�i�n, transfer, and setj
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<br /> fiover to the DAVTD CITY BUILDING AND LOAN ASSOCZATION, as collateral security for sa.id loan, fo
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<br /> +� so lon� as said loan or �,ny part thereof remains unpa,id, the rents and xevenue accruin� for th
<br /> �j �eriod of the duration of the lo�,n above mentioned, upon -the follot+ring described pro�erty situ
<br /> ;
<br /> � ated in County of Hall , State of Nebraska, to-�it :
<br /> ;
<br /> � Fractional Lo� Three (3) in Block Forty Nine {49) , in Russell UP'heeler�s Addition to the city o
<br /> � Grand Island,Nebraaka; also Fractional Lot Three (3) in Block Six (6) , in Gilbert�s Addztion t �
<br /> ,lCity af Grand Island,Nebr.
<br /> �I And we hereby �.uthorize and em�o�er the �AVID CITY BUIL,'�ING AND LOAN AS�OCIATION, its a�zthor-
<br /> ized agents and attorneys to act for us, �.nd rent the above described premises or any p�,'rt the e-
<br /> of , and in our place c�llect and. receipt for sai� rent, either monthly, quarterly or yea,rly, a
<br /> they may see fit , and in defa.ult of the payment of s�.ic? rent or any part ther.eof to proceed in�
<br /> its oj�n name by suit or suits at la�r for the recouery thereof in such manner as it �hall deem �
<br /> i fit.
<br /> a � This assignmen� of rent is beinJ made for the express purpose of havin� the rent collected
<br /> y � hereunder a��lied to payments of �.rincipa,l , interest and fines on the loan of �900.00 above i
<br /> �
<br /> described, as a�reed by us to be paid in the bond executed by us to said. Association in the
<br /> � sum of �900.00 and the real estate mort�age on the pronerty above deseribed securing .said bond�
<br /> � � Said Associatian may, in its c�iscretion, use the rents so far as necessary for the purpose of �
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<br /> imakin� such rep�.irs upon the premi�ea as, in zts jud�ment , may be ?aroper and may u�e Qai� rent
<br /> � + �o far as necessary for the payment of insurance premiums and taxes upon said premise� , or an
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<br /> , � � other p�.ymen�s to be mad.e by us under the terms of the bon�. and mort�a�e above mentioned, the
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<br /> i b�.lance to be ap�lied upon the payment of monthly dues, interest an�. fines on s�,id certif ic�.t '
<br /> �
<br /> I and loan. �
<br /> This assignment and trans�er of rents and revenue to be absolute to the extent of the total o I
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<br /> the payments above mentionea from �,nd after this date. I
<br /> Dated this 17th �ay of June , A. D. 1932. f
<br /> Loren R.Popejoy
<br /> Witnesses: Nelle L.Popejoy. �
<br /> i b2a.ry Ransom. _ i
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<br /> � STATE OF NEBRASKA ) On this 17 day of June, A. D. 1932, before me, �he subscriber , a � I
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<br /> HALL COUNTY �� Notary Public, duly commissioned and qualified f or and residin� in I
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<br /> said Coun�y, �ersonally appeared Loren R.Popejoy and Nelle L.Popejoy, husband an� �zf e, to me �': '
<br /> kno�n to be the identica.l persons described in and who executed the f oregoing instrument as I
<br /> �rantor and they severally ackno�ledged the said instrument to be their voluntary act and de� �. I
<br /> � �
<br /> IN V�ITNFSS E�fHEREOF, I have hereunto set my hand ana Notarial Seal at Grand Isl�.n�,Neb�. in , � I
<br /> said County, tne day and year last v�ritten.
<br /> Mary R�,nsom �
<br />�� SEAL) Notary Public '
<br /> My commission expires Sept. £� , 1�?3�. !
<br /> Filed for recorc? this 17th clay of June, 193?� at 2:�0 o � clock P.rr?. �`��� ��,t�,� I
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<br /> f� Register of Deeds
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