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<br /> the follotving �escribed aremises situate in the County of Hall and State of N�braska, to��it ;
<br /> ILot T�velve (12) in �oss and Ashton Park, located on and being a sub�ivision of a part of Lots
<br /> �Fourteen (l�-) and EiShteen (1�) of County Subdivision of VGest H�,lf of South�re�t Qu�.rter ('�� SVP )
<br /> iand �, part of �he East Ha1£ of Southwest Quar�er (E; SS��) of Section Fifteen (l�) in To��nshi�
<br /> �Eleven (11) ,North , Range Nine (a) t�est of the Sixth Princi.pal Meridian, together with all the
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<br /> �a��urtenances thereunto belonging; that said mortg�,�e �as execu�ed by Thomas W.Phelan �.nd Let�
<br /> IMay Phelan in favor of the Occidental Build.in� and Loan Association, conveying said premises
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<br /> �above described as security for the payment of a �romissory note; that s�,id mortg�,ge v�as dated
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<br /> the 12th day of Se�tember , 1931, �.nd v�as duly filed for record in the office of the Re�ister o
<br /> Deeds of Hall County, Nebr�,ska, on the 12th day of September, 1931, and recorded in Book 67 of �
<br /> Mortga.ges at Page 3�3.
<br /> I OCCID�'NTAL BUILDING A11TD LOAN ASSOCIATION,
<br /> Ij Plaintiff ,
<br /> !� Hy El.lery H.Westerfield
<br /> Its Atiorney.
<br /> Filed for record this 2��h ciay of June , 1932 , at I1:00 0� clock A.�1. ��� ����
<br /> f`4, Re�ister of Deed
<br /> j0-0-0-0-0-0-0-�-0-�J-C-4-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-Q-0-0-0-0-0-0-0-Q-0-0-�-0-0-0- -
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<br /> � ASSIGNPdENT OF R�'NTS
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<br /> KNOi3� .4LL M�N BY THESE PRESENTS: Th�:t t�e, tne undersigned Lillie S.Pu�.ver , �ido�, of Grand
<br /> Island,County of Ha11 , Sta.te of Nebraska� for and in consid.eration of Fifteen Hun�.red �nd No/1 0
<br /> � DOLLA�RS, to us as a loan in han� p�,id by the UN�ON LOAN AND SAVINGS ASSOCIATION, o�' the City o
<br /> Lincoln, Lancaster Coun�y, State of Nebr�,ska, �,nd other good anc� valuable consideration, the
<br /> receipt 1n�ereof is hereby acknoJ ledged, do hereby a�sign, transfer , �,nd set aver to the UN'ION
<br /> LOAN AT`TD SAVINGS AS�OCIATION, as collateral security for s�.id loan, for so long as said loan
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<br /> or aY�y �art tnereof rernair.s unp-�.id, the ren-�s and. revenue accruing for the �aeriod of the dura-
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<br /> � tion of the loan above mentioned, upon the folloeving d.escribed property situated. in County of
<br /> IHa11, State of Nebr. , to-�it ;
<br /> The southerl,y t��renty-nine and one-ha1� (292) feet of Lot One (1) in Block Fifty-nine (59) of
<br /> ' the or��inal �oc�n of Gr�nc� Isl�,nd, Nebraska, s �.r.�e being a rectangul�.r tr�,ct of land having
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<br /> t�enty-nine �.nd one-h;�lf (?9�) feet front on Cedar Street and a depth of sixty-six (6�) feet.
<br /> And we hereby authorize and empov�er the UNION LOAN A11TD SAVIRTGS AS�OCIATIQId, its authorized
<br /> a�ents and attorneys to act for us, and. rent the above d�scribed premises or any p�,rt thereof,
<br /> � and in our p3;ace collect �,nd receipt for s�.id rent , eithEr mon-th1y, quarterly or yea.rly, as
<br /> they m��,y sEe fit , and in default of �he payment of said rent or any part thereof ta proceed in
<br /> � its o�an name b� suit or suits at 1a�v for the recovery of said rent or for the r�covery of the
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<br /> � possession of said pr emises in such manner as i� shall deem fit.
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<br /> � This assignment of rent is being made for the express puxpose of ha,vin� the rent collected
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<br /> � hereunder applied to p�yments of principal, interest and fines on th e loan of �1500.00 above
<br /> Id.escribed, as agreed by us to be paid in �he bond exeeuted bV us to s �.id Association in the
<br /> sum of �1500.00 and trie r eal estate mort�a�e on the property above descrzbed sec�arin� s�.id bon .
<br /> Said Association may, in its discretion, use the rents so far �,s necess�.ry for the purpose of
<br /> � makin� such repairs upon the premises as , in its judgment , may be pro�er and m�,y use said rent
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<br /> ( so far a.s necessary for +he paymen� of insurance premiums and taxes upon said premises , or any !,
<br /> other payments to be made by us .under the terrr�s of the bond and mort��,ge above mentioned, the
<br /> balance to be applied u�on the paymen� of monthly dues , inter�st �.nd fines on said certifica.te
<br /> and loan.
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<br /> This assignment and transfer of rents and revenue to be absolute to the extent af the total of
<br /> Ithe payments above mentioned from and after this date.
<br /> Dated this 2�th day of June, A.D. 193�. Lillie S.Pulver
<br /> Witnesses; C. T.Flower
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