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��� �( g �T � T <br /> �JL���� Jlr� l'�! �� �J � ��� ��� � <br />— --------- -.-._-___ __ ___ ______ ___ __--_ ____.V--------------------____--__ --- -- <br /> rxe�ucusnNeco -7606 <br /> _ _.._.__� _------_�...__ ____ _ _..._ . _____-------- — ---- ---- <br /> �jLot Five O Block Five (5) in Gilbert �s 3econd Addi�ion to Grand Island; and _ �� <br /> '` Lat Seven (�7� of Gilbert 's Subdivision of Block One (1) of Gilbert 's Second Addition to Grand , <br /> ;: Isl�.nd, as surveyed, platted and recorded. - �+ <br /> �� '� , <br /> �? This agre�ment is made for the express purpose of having the net proeeeds from the rent and incom'I� <br /> � <br /> ' collected� hereuncier applied to the payments of principal, intereat and fines on the lvan above i; <br /> ;� <br /> ': described, as agreed in said note and mortgage to be paid to said Assoeiat3on, and 1t is agreed ; <br /> i. <br /> i! <br /> " that said Association sh�.11 first be reimbursed Por aIl surns paid f'or collection fees and for all�' <br /> ' mis s and in- recouerin oesession thereof' from de�� <br /> icosts, fees and expenses in protecting said pre e g p �- <br /> ,� <br /> ;�� linquent tenan�Gs or other persons. � �; <br /> !� Said Association may, in its discretion, use the rents so Par as necessary f'or the purpose of �j <br /> f� <br /> - ,� <br /> making such repairs upon the premises �,s in 3ts �judgment may be proper, and �nay use said rents ; <br /> . . E� <br /> ! so far as necessary for the payment of in�urance premiums, taxes and assessments upon said premis�s , <br /> . _ ;; <br /> ; or any other payments to be made by the und�rsigned under the terms of the note and mortgage men-;� <br /> ' ;t „ <br /> ; tioned above, the balance to be apnlied upon the payment of mon�hly dues, interest and �'ines on .; <br /> .i ;� <br /> �,# s�.id certificate and loari. '� <br /> '� It is further agreed that said Association ahall in no case be liable for the fai3ure to proeure ;! <br /> , , <br /> � �R <br /> '� tenants for said premises or for fail.ure to collect rents from said tenants, or failure to prosec�ite <br /> �� <br /> ;� <br /> ��� actions to recover possession of sa,id premises, or for any damages in handling said rent accountsji <br /> ;� <br /> i� and in caring for said premises or any part thereof. ;i <br /> , <br /> 'IThe power a,nd authority to e�Ilect and app7-Y 8aid rents and revenue �h�.11 be absolute to the exte�t <br /> ,; of the total of the payments above mentioned �rom and after this date and shall not be terminated�' <br /> �. <br /> ��,i � <br /> �i,� v�ithout the written consent of said Association and shall be binding upon the undersigned and upo� <br /> � ii <br /> ;; the heirs, reprecentativas, succeasor$ and assigns o� the undersigned. ii <br /> , <br /> ;f Da��d this 3rd day of Dece�nber, 1935• i� <br /> �; '�i <br /> � In the presenee of: �;I <br /> il C.T.Flower Otto Schmidt ;i <br /> Alma �ewes Schmidt ;; <br /> j STATE OF NEBRASKA )$� � � i; <br /> ! COUNT�'� OF' HALL ) On this 6 day of December, 1935, before me, a Notary Public in and for �� <br /> �� �aid .Co�xntyt p�r4onally ��,rne the above named Otto Schmidt and Alma Mewes $�hmidt, husband and wifi�� �� <br /> �� ,;� ��� <br /> ;; who a re personally knov�n to me to be the identical persons whose names they aPfixed to the above i� � � <br /> ;i - �i <br /> `i instrument as grantors and they acknowlec�e ��aid instrument to be their voluntary act and deed. '! <br /> i� <br /> i, Witness my hand and Notarial Seal the date last aforesaid. ',�� � <br /> � � C.T.Flower „ � <br /> ;� (SEAL� No�Gary Public <br /> '; My commission expireg September 9, 1937. � <br /> i; � _ _ � ���` °� <br /> � Filed for record this 9 day oP Deeember, 1935, at 2;3� o clock P.b�. � /,������c �j , � , <br /> _l( V✓ ` <br /> Register oP D ed � <br /> `� `r` � <br />� ;' <br /> �� ; <br /> '� 0-0-0-0-0-Q-0-0-0-0-0-0-0-(�-0-0-0-�-0-0-0-U-U-0-0-0-0-0-0-0-0-0-0-0-U-0-0-0-0-0-0-0-�-0-0-0-0-0-0�- �, <br /> �'; ASSIGNMENT OF RENTS. I;� <br /> i; j� � <br /> �' KNOW ALL �IEN BY THESE PRESENTS : That I, the undersigned, Pau7. C.Huston, Trustee of the Cou�.ty oPj� � <br /> i; <br /> �, �, <br /> i! Hall, State of Nebraska, for and in consideration of Twa �housa.nd Two Hundred and No/100 Dollar��� � � <br /> ,! <br /> � <br /> �' as a loan in hand paid to me by The Home Federal Saving and Loan Ass 'n of Grand Island,Grand +;� <br /> i! � i;� w <br /> i �Island, Nebraska, and other good and valuable �onsideratlon the receipt whereoP is hereby ack- �� °;� <br /> nowled ed to hereb asGi n transfer and set over to said Association as collateral securit '' '� <br /> , Y g , , �f <br /> I� g 3� <br /> , - <br /> i; for the duration oP the loan, all the rents, income and profits aceruing upon the following ;; �� <br /> �, <br /> �� described property, situated in the County of Hall, State of Nebraska, to-v�it: � �� <br /> � <br /> ; Lot Three (3) in Block Five ( �) in Schimmer's Addition to the Cl�y oP Grand Island, a� surveyed„� � <br /> 'i ;;� � <br />�� �j platted and recorded. ,,' � w <br /> !j � � f��,�, � <br /> '� And I hereby authorize axid e�power the Home Federal Sav�.ng and Loan Ass �n of Grand Island, Grand;j � <br /> il � . <br /> r <br /> �' IsZand, Nebraska, its authorized agents, and attorneys, to act for m�, a,nd rent the aboved des- ;1 �p <br /> ;I ' !i , o '. <br /> ii cribed premises, and in my pla.ce collect and receipt f or said rent, at such prices and upon such�j <br /> ' �i °2 �� <br /> '+ terms as they may see fit. i, , A <br /> I , � <br /> i� This assignment of rent being made for the express purpose of having said revenue applied to th�j <br /> , , <br /> ; �. <br /> ;� f� <br />� � �! <br />