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<br /> pereunder applied to payments o� principal, interest and fines on the loan of �5200.00 above (
<br /> described, as agreed by us to be paid in the bond executed by us to said Association in the s
<br /> of �5200.00 and the r eal estate mortgage on the property �above described securing said bond.
<br /> Said Associa�ion may, in its discretion, use the rents so far as necessary for the purpose of
<br /> making such repairs upon the premises as, in its judgment, may be proner and may use said ren�
<br /> so far as necessary for the payment of insurance premiums and taxes �.pon said premises , or any
<br /> other payments to be made by us under the terms of the bonci, and mortgage above mentioned, th�
<br /> balance to be applied upon the payment of moMthly dues , inter�st and fines on said certificate
<br /> and loan.
<br /> This assignment and tran�fer of rents and revenue to be absolute to the extent of the total of
<br /> the payments above mentioned from and after this da,te. �
<br /> Dated thi� 15 day of July A.D. 1932.
<br /> The Grand Island Creamery Company
<br /> �Pitnesses; (CORP) By R.H.Cunningham Pres.
<br /> O.T.Flo�ser (SEAL) Anna Wilson, Seey.
<br /> State of Nebraska � On this 15th day of July, 19j2, before the undersigned, a Notary
<br /> ss.
<br /> Coun�y of Hall � Public in and for said Qounty, personally appeared R.H. Ctunningham
<br /> President of The GRAND ISLAND CR�AMERY COr1IPANY, to me personally known to be the President and
<br /> the identio,al person whose name is affixed to the above conveyance, and ackno�vledged the execu
<br /> tion the:reof to be his voluntary act and deed as such officer and the voiuntary act and deed
<br /> of the sa.id THE GRAND ISLAND CREA�RERY COMPANY and that the Corporate seal of the said THE GRAN
<br /> I�1�14A CR�AMERY COMPANY was thereto affixed by its authority.
<br /> -WIT�T�,SS my hand and notarial seal at Grand Island in said coun�y the day and year last above
<br /> wri�ten. O.T.Flower
<br /> (SEAL) Notary Public
<br /> My commissian expires September 9, 1937.
<br /> Filed for reeord this 20th day of Ju�:3rf__ 1932, at 3:!�5 0� clock P.R4. • �
<br /> ��
<br /> � Register of Deed
<br /> o-o-o--o-o-ao-o-o-o-��o�,��- -o-o-o-o-�-o- o-o-o-�G�o-o�o,�o�p-o-o-o o- -��o- �;000 oo,�,o�--�- .
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<br /> ASSIGNMENT OF RENTS ��'�'�""��� °`�` ��d�: ,r�.4°,�u�
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<br /> KNOT� ALL MEN BY THESE PRESENTB:- That we, the undersigned, R��� P.Pennington and Lelia Penning-
<br /> and as husband and wife
<br /> ton, each in their own right �of �he Oounty of Hall, State of Nebraska, for and in conaideratio
<br /> of Tvao Thousand ar�d no/100 - - - - - - Dollars, as a loan in hand paid to them by The Equi -
<br /> able Buildin� and Loan Association, of Grand Island,Nebraska, a corporation, and other good an
<br /> valua,ble eonsideration, the receipt whereof is hereby acknowledged, do hereby assign, transf er
<br /> and set over to said Association, as collateral �ecurity for the duration of the loan, all the
<br /> rents , incc�me and profits accruing upon the followin� described property, situated in the Coun y �,
<br /> of Hall, State of Nebraska, to-wit: Lot Two (2) in Block Nineteen (19) in Rollins Addition to
<br /> the City of Grand Island, Nebraska, and Lots � , 9, � 10 Block 3 Wests' 9ub-division, tha.t part
<br /> of NE� 8ec. 20-11-9 lying between Wests Sub-div. and the City limits on the west a.nd north of i
<br /> �
<br /> th� Viaduct to the highway on the north. �,
<br /> And we hereby authorize and empower '�he Equitable Building and Loan Association, of Grand Isla d,
<br /> Nebraska, its authorized agents and attorneys,_ to a c� for us, and rent �he ab-ove described
<br /> premises , and in our place collect and receipt for said rent , at such prices and upon such ter s
<br /> as they may see fit.
<br /> This assignment of rent being made for the express purpose of having said revenue applied to �
<br /> the r�payment of the above mentioned loan.
<br /> Said Association may, in its discretion, use the rents so far as they may deem necessary, for
<br /> the purpose of making such repairs upon the premises as, in its judgment , may be proper and
<br /> may use said rents so f�,r as necessary for �he a ment of insuranee remiums and taxes u on
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