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<br /> !1 thereof,to proceed in the name o�' the owners of said premises,to recover said rent by a suit at, ��
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<br /> ! law or in equi-ty in such manner as said Association m�,y deem best;�,nd �o commence and prosecute �
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<br /> ;; actions to recover possession of said premises in the name of �.nd at the expense of the owners
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<br /> 1 thereof; and the undersi�ned further �,ssign,transfer ,and set over to said Associ�,tion as collat- �'
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<br /> ;� eral security for said loan for so long as said loan ar any paxt thereof remaina unpaid,the net "
<br /> ' proceeds arising frorn �aid rents and revenue accruir� for the period of the duration of said
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<br /> loan ab�ove �entioned from the follo�aing described premises s�tuated in the County of Hall and
<br /> ' State of j�ebrask�,,to-�vit; Lots Five (5) and six ( 6) ,Block One (1) ,of George Loan� s Subdivision
<br /> ! of part of the West Half of Nor�hw�est �uarter (� NW�) Section Ten (10) ,Township Eleven (11) ,
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<br /> I; North Range Nine (9) ,West of 6th p,M. ,as surveyed,platted and recorded. �:
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<br /> � This agreement is made for the express purpose of having the net proceeds from the rent and incor�e
<br /> ; collected hereunder applied to the p�,yments of principal,interest and fines on the loan above
<br /> i described,a,s agreed in said note �.nd mortgage to be paid to said Aesociation,a,nd it is agreed
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<br /> that said Associat3on �ha11 first be reimbursed for a.11 sums paid for collection fees and for al�.
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<br /> �� costs,fees and expenses in protecting said premises and in recovering possession thereof from -�
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<br /> '' delinquent tenants or other persona.
<br /> !� Said Association may,in its discretion,use the rents so far as necessary for the purpose of mak- !�
<br /> "i in{� such repairs upon the premises as in its judgment may be proper,and ma,y us� said rents do `'
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<br /> ? far as necessaxy for the payment of insurance prem�.ums ,taxes and aesessments upon said premises� �f
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<br /> �' or any other payments to be made by the undersigned under the terrr,a of the note and mortgage
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<br /> ; mentioned above, tne balance to be applied upon the payrr�ent of monthly dues,interest and fines
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<br /> : on said cer�ificate and loan. `
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<br /> �! It is further agreed �na,t s�.id Associa�ion shall in no case be liable for the failure to pracure �
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<br /> �! ten�,nts for said �remises or for failure to collect rents fron� said tenants;or failure to prose-";
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<br /> " cute actions to recover possession of said premises,or for any dama�es in handling said rent
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<br /> �! accounts �nd in caring for said �rernises or any p�,rt �hezeof.
<br /> '� The pov�;er and authori�y i,o collect and a�ply said rents and revenue shall be absolute to the ex-!�
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<br /> '' tent of the tot 41 of �he pa�rrr:ents r�bove mentioned from and after �;his date and shall not be ter�i;
<br /> !' min�,�ted v�ithout the varit�en consent of said Associ�tion and ah�7.1 be binding upon the undersigne�.
<br /> ';� and upon the heirs,representatives ,successors and �.ssigns of �he undersigned.
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<br /> '' Dated this 15th day of November 1935. . ;��
<br /> '� Stanley G.Gusick `
<br /> �= In the presence of Alfonz F.Gusick ��
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<br /> ;; C. T.Flo�ver `
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<br /> �; State of Nebraska !; .
<br /> ��, On this 16 day of November 1.935,before me,a No�ary Publie in and ,�
<br /> i! County of Hall ;
<br /> �; for said County,personally ca,.me Vhe above named Stanley G.Gusick, ;�
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<br /> '� sin�le,and Alfonz Gusick,sing7.e ti�ho are personally known to me to be the identical persons �vhose,;
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<br /> i names they affixed to tne above instrument as grantors and they acknowledge said instrument to �;
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<br /> �� be their voluntary ac� and deed.
<br /> '� uVitness my hand and Notarial Seal the date last aforesaid.
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<br />� ( SEAL) C. T.Flo�er �� �
<br /> Notary Public
<br /> ;'; Co:n:�iasion expires Sep�ember 9 ,1937
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<br /> ; Filed for recard this 1� day of Novenlber,l935 ,at 3:i5 o�clock P.M. '.
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