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<br />' fHERUGIISTINECO -7GOf>
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<br /> 4� ASSIGN�tI�NT �F RENTS
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<br /> � WHEREAS the Takoma Park Bank, a corpor�.tion, of Takoma Park, �aryland, has obtained a �udgment in'�
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<br /> � the District �t�urt of Hall County, Nebraska against John Windolph as defendant and there ie now d,�Ze
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<br /> I+ on s �.id �udgment the sum of �S,OOO.QO (Five Thousand and no/1�0 Dollars and costs. ��
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<br /> ; AND,WH�REAS, the said John Winclolph is the ovrner of a life estate in Lot �ne (1} Block Seventy- �;
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<br /> ;� nine (79� of the original city of Grand Ssland and '�he said �udgment constitutes a lien upon said�;
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<br /> ' property and the Takoma Park Bank as Plaintiff has levied an �xecution against the interest of th!�
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<br /> 'i said John Windolph in s�,id property. �'
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<br /> ; �TO��, THEREFOR�, in eonsideration of the return of the �xeeution above mentioned at the Piaintiff';�
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<br /> request, without sale of said property of the said John Windolph. The said John �tindolph does jj
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<br /> 'i hereby assign and set over unto the Takoma Park Bank �he sum of �100.00 (One Hundred and no/100 ;1
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<br /> ;�' Dollars) per r�onth of the rents as they accrue from the tenants in the buildings which are locate�i3
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<br /> i or in the fut,ure constructed an the said Lot One (1) Block �eventy Nine ( 79) original eity of '!
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<br /> '� Grand Island. Said assignment of rents to continue until the said principal ?.�um of �5000,Of7 �i
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<br /> '�;� (Five Thousand and no,I1�0 Dollars) has been paid. ��
<br /> !� I, the s�,id John V�Jindolph, for the purpose of putting said assignment of rents into full force ar��d.
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<br /> , effect, do hereby authorize and direct Lauis W.He��de, my agent in charge of said property, to payli
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<br /> to 'Ghe Takoma Park Bank of Ta.l�oma Park, Maryland, or its at�orney, Ra.y �Q.Higgins , the sum of �ne �;
<br /> !� HundrPd Dollars per month beg9.nning A�ugust lst, 1935, and to continue said payments out o� rents �j
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<br /> on said property until he has paid to tne Ta.koma Park Bax^.k or its attorney, Ra.y �.Higgins, the '�
<br /> '' sum of Five Thousand Dollars, Said authorization to be binding upon myself, l�r. Heyde, or any �
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<br /> '' other person whom I authorize and direct 'Go collect the rents on said property. �
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<br /> ''i In the event of default in pa.yment of said monthly payments, I hereby make, constitute, and appoi�nt
<br /> � the Takom�, Park Bank and its attorney, Ra.y M.Higgins, my true and la�rful attorneys in fact to en�er
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<br /> 'i upon said premises, t ake charge of them and to take active char�e of the rentals of said propert ,,,
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<br /> negotiate leases with the tenants, collect the rents on said property and to retain the sum of
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<br /> � One Hundred Dv1l.ars per month as per the terms of this assi�nment and the expenses incidentals ;i
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<br /> i to rentin� and managing said property, and to do a.l.l othe�� things incidental to said rentals in ''
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<br /> �i my name, place and ste�.d as though I were personally present. �,
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<br /> �,; I reserve the right to pay any unpaid balance of the ,�ud.gment hereinbefore mentioned at any time�j
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<br /> I� payment in full to act as a cancellation of this assignment. ;'
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<br /> � IN WITNESS ti�HEREOF, I have hereunto se'� my hand 'Ghis 30th day of July, 1935• ��
<br /> ` John I�indolph ��
<br /> i WITN�SS: �
<br /> T. H. Duckett
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<br /> Nell M.�riffin i!
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<br /> ; DISTRICT OF' COLUMBIA ss : ' ;;
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<br /> i, Now on this 5th da;� of August, i935, personally apx�eared before me, a Notary Public, in and for �f
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<br /> ; said State and County, John Windolph, personally known to me to be the identieal person ��ahose ��
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<br /> '� si�n�,ture is attached to the foregoing instrument and he ac�nov�l�dged the same �o be his volun- ii
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<br /> tary act and deed for the purposes therein expressed. ��
<br /> Nell M.Griff in �
<br /> � (S�AL) � - � l�otary Publie �i
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<br /> ��� Filed for record this �th day of August, 1935, at 11:00 o �clock A.I�. . � �;
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