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<br /> ASSIGNM�NT OF RFNTS. '
<br /> KNO�i ALL MEN B�' THES� PR�SENTS: That we, the undersi�ned We, Arthur G.Gillham and l�va L.Gillh �'
<br /> husband and wif e, of County of Hall 8tat� of Nebraeka, for and in consideration of Twentq Four
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<br /> Hundred and no/100 DOLLARS, ta us as a loan in hand paid by the DAVID (7ITY BUILDI�TG _AND LOAN ��
<br /> ASSOCIATION, of Davi.d Qity, Butler f?ounty, �tate of �ebraska, and other good and valuabl� con-
<br /> sidera�ion, the receipt whereof is hereby acknowledged, do hereby assign, transfer, and set o� r
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<br /> ta the DAVID OITY BUILDING AND LOAN ASSOCIATION, as collateral security for said loan, for so �
<br /> Io ae said loan or any part thereof rernains unpaid, the rents and revenue accruir� for the �
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<br /> period of the duration of the loan above mentioned, upon the following described prop�rty situ �
<br /> . � �
<br /> ated in Ooun�y of Hall , State of N�braska, to-wit; : _ �
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<br /> Northerly �ighty-two (�2) f eet af Lot four (4) , in Block Nineteen (19) , in Rol�.in's Addition �
<br /> to th� City of ar�nd Tsland,Nebraska.
<br /> And we hereby authorize and empower the DAVID CITY BUSL�ING AND LOAN ASSOCIATION, its author-
<br /> ized agents anc� attorneys to act for us , and rent th� above described premises or any part
<br /> thereof, and in our place collect and receipt for said rent , either monthly, quarterly or year y
<br /> as they may see fit, and in d efault of the payment of said rent or any part thereof to procee
<br /> -�n its ov�n name by suit or sui�s a�G law for the recovery thereof in euch manner as it sha11
<br /> deem f it.
<br /> This assignm�nt of rent is being made f or the express purpose of having the rent collected
<br /> hereunder applied to payments of principal, interest and fines on the loan of �2,�00.00 above
<br /> described, as agreed by us to be paid in the bond e�cecuted by us to said As�ociation in the s
<br /> of �2,400.00 a.nd the real estate mortgage on the property above described securing said bond.
<br /> S�.id Association may, in its di�acretion, use the rents so far as necessary for the purc�ose of
<br /> making such repaire upon th� premises as, in its �udgment , ma,y be proper and may use said ren s
<br /> so far ae necessary for the payment of insurance premiums and taxes upon said premises, or an
<br /> other p�yments to be made by us under the terms of the bond and mort�age above mentioned, the
<br /> balanee to be applied upon the payment of monthly dues , interF�st and fines on said certificat
<br /> and loan.
<br /> This assi�nment and transfer of ren�s and revenue to be absolute to the extent of the total o
<br /> the payments above mentioned from and after this date. .
<br /> D�.ted this 23 day of August A.D, 1932. Arthur G.Gillham
<br /> �Fit�zesses: �va L.Gillham
<br /> �ary Ransom _
<br /> BTATE OF N;�BRASRA ) 4n this 23 day of Au�ust , �.D. 1932 , before me , the subscriber, a
<br /> ss.
<br /> HALL COUNTY � Nota;ry Public, duly commission�d and qualified for and-residing in
<br /> said Coun�y, personally appeared Arthur G.Gillham and �va L.Giliham, husband and wife, to me
<br /> known to be the identical persons d�scribed in and who executed the fore�oing instrument as
<br /> gr�.ntor arid they severally ackno�rledged „the said instrument to be their voluntary aet and. dee .
<br /> IN '@�ITNI�SS ,1�H�R.EOF, I �1ha�te hereunto set my h�.nd and Notarial� Se�;l at Cirand Island,Nebr. i n
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<br /> said County , �he day and year last v�ritten. Mary Ransom "
<br /> � � (S�AL�� � Notary Public
<br /> My commission expires Sept. £� , 1936• '
<br /> Filed for record this 25th day of Au.gust , 1932 � at 9:30 o � clock A.M. - ��,�
<br /> ,,, e�gister of Deeds
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