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<br /> TXE 11UGU/TINC C0.•7GOG -
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<br /> ';ASSIGNMENT OF RENTS ''
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<br /> ':�NOY� ALL I�ZEN BY THESE PRESENTS : That we, the undersigned, Vallie Koch and Effie Xoch, husband and �; '
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<br /> �rife, of Grand Isl�,nd County of Hall �tate of Nebraska, for and in consideration �iP Two Hundred �;
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<br /> ; and no�10� DOLLARS, to us as a loan in h�,nd pald b�r the DAVID C�TY BUIL➢TNG AND �,OAN ASSOCIATION, ;:
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<br /> '� o� David City, Butler County, State of Nebraska, and other good and valuable consideration the i�
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<br /> ,� receipt whereof is hereby acknowledged, do hereby assign, transfer, and set over to the DAVID CIT�.!
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<br /> BUILD2NG AND LOAN ASS�CIATI�N, as collateral security f or said loan, for so long as said Ioan or i,
<br /> � any part thereof remains unpaid, the ren'�s and revenues aecruing Por the period of the duration o�!
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<br /> ; the loan above mentioned, upon the f'ollowing de�cribed propert�, situated in County of Ha31, Stat�1
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<br /> �' of Nebraska, to—wit: I� �
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<br /> ! Lotg Two (2) , Three (3) , Eight (�) , 1Vine (9) , and Ten (10) , in Block �ne (1) , West 's Bubdivisian �!
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<br /> of p�.rt of the North West Quarter of North Eas'� quarter of Section Tv��enty (20) , Twp, Eleven (I1) , ';�� �
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<br /> �' Range Nine West oP 6th P.M. - �!
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<br /> And we hereby authorize and empo�ver the DA�IID CITY BUILDING A1�TD LOAN ASSOCIATION, its authorized ,' �
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<br /> '; agen�s and attorneys to act for us, and rent the above described premises or any part thereof, anc� o
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<br /> ' in our place collect and receipt for said rent, either monthly, quarterly or yearly, as ,�hey may
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<br /> see fi�, and in default of the payment of said rent or a�y part thereof to proceed in its own nam�
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<br /> , by suit or suits at- law for the recovery the��bf in such manner as it shall deem fi�. ,'
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<br /> '' This assignrnent of rent is being made for the express purpose of having the rent collected here�zn�.er
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<br /> '! applied to paymente of principal, interest and fines on the loan of �200.00 above described, as ;;
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<br /> � agreed by us to be paid in the bond executed by ua to said Association in the sum of �200.00 and ;
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<br /> the real estate mortgage on the property above described securing said bond, !i
<br /> Said Association may, in its discretion, use the rents so far as necessaxy for the purpose oP mak�.ng
<br /> such repairs upon the premises as, in its ,judgment , may be proper and may use said.�rents so far ;�
<br /> ;ias neees�ary for the payment of insurance premium� and taxes upon said premises, or any other pay�
<br /> '; ments to be made by us under the terms of the bond and mortgage above mentioned, the balance to b�
<br /> ; applied upon the payrnent of monthly� d�zes, intereat and fines on said certificate and loan. '!
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<br /> ' This assignment and transPer of rents and revenue to be absolute to the extent oP the total of th�
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<br /> ;i payments above mentioned from and ai'ter this date. ��
<br /> ', Dated this 19 d�.y of June A.D. 1936. �i
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<br /> i Witnesses: ��
<br /> :' L.G.Shehein Vallie l�och �'�.
<br /> Effie ?�oeh ;;
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<br /> !� STATE OF NEBR.ASKA ) On this 19th day of June, A.D. 1936, before me, the subacrib��, a Notar�
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<br /> '� HALL COUNTY ) Public, duly commissioned and qualified for and residing in said County';
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<br /> �' Ha.Il, per�onally anpeared Vallie Koch and Effie Koch husband and wife, to me known to be the �',
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<br /> '! identical per�ons described in and who exeeuted the foregoing instrument as grantors, and they ��,
<br /> !iseverally acknowledged the said lnatrumer�t to be their volunta.ry act and deed. `'
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<br /> ' IN WITNESS WHEREOF, I have hereunto set my hand and Notarial Seal at Grand Island,Nebr. in sairl
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<br /> ,iCounty, the day and year last written. ';
<br /> ; L.G.�hehein i;
<br />� ;i (SEAL) � Notary Public �;
<br /> �;, �iy commission expires Oct. 2& 1937. ��
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<br /> -� Filed for reeord thls 19th day of June, Z936, at 10:30 0 �clock A.�I. C--J(�f� �
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<br /> Registe— r of �eeds!
<br /> a-o-o-o-o_o-o-o-o-o-o-o-o-��-o-o-o-o-o-o-o-o-o-o-o-o-��-o_o-o-o-o_o-o_o_o-o-o-o-o-o-o-o_o-o-o-o-o-o�.
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