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<br /> A�I� SC �L�,A1�T�OZ.JS �tE� O�D S
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<br /> AS IG ENT OF RENT S ��%.�n�L u�V�( /� �O:o o O�Q�-a-t0s Q•�YJ• .t/
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<br /> KNOW ALL R�EN BY THESE PRESEN`P5: W rd Babcock and Sylvia abcock, eaeh in their own right, and as `
<br /> husband and wife, of the Caunty of HaII, State oP Nebraska, for and in consideration of the sum o�'
<br /> Fif teen Hundred and No/100 Dollars, as a loan in hand paid to them By The Equitable Building and
<br /> Loan As�-ociation, of Grand Island,lVebraska, a corporation, and other good and valuable considera-:
<br /> tions, tf�,e receipt whereof is hereby acknovrledged, do hereby assign, transPer and set over to said
<br /> Association, as coll€�teral security for the duration of the loan, all the rents, income, and prof�ts
<br /> accruing uz�on the Pollov�ing described property, situated in the County of Hall, State of Nebraska,
<br /> to-�it: Lat Six (6) , in Block Two (2) , of Koehler Place, an Adc�ition to the City of Grand Island, '.
<br /> Hall County, Nebraska, as the same is surveyed, platted and recorded.
<br /> And we hereby authorize and empower The Equitable Building and Loan Association, oP Grand Island,`
<br /> Nebrasi�a, its authorized agents and attorneys, to act for us and rent the above deseribed premises,
<br /> ' and in our place collec'G and receipt far said rent, at such prices and upon sueh terms as it may ;
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<br /> � see fit. It is further expressly st.ipulated that, if the assignors, or their auccessors, occupy
<br /> said premisea during the exlstence of said Ioan, the Assignee shall have the same rights of for- �
<br /> feiture, e�ectment for Porcible entry and detainer, as such assignee might have against any other
<br /> tenaiit, v�ho has no intereet or title in and to said premises. The t"emporary waiver of the collect;ion
<br /> oP the rents shall not be eon�trued as constituting a relinquishment oP the rights granted her�uni-
<br /> der, a�hich:..�lghts may be exereised at any time during the existence of the above mentioned mort- `
<br /> g�ge or extension thereoP. ,
<br /> This assignment oP rent being made for the e�press purpose of having said revenue applied to t�ie :
<br /> repayment of the above mentioned loan.
<br /> Said Association may, in its discretion, use the rents so far as it may deem necessary, for the
<br /> purpoae of m�.king such repair$ upon the premises as, in its ,judgment, may be proper and may use
<br /> said rents so far as neeessary Por the payment of insurance prerniums and taxes upon said premi�es';�
<br /> It shall also have authori',y to deduct from said rents a fair compensation, to be payable to .said�
<br /> Association'� Agents, for services rendered in the collection oP said rents ; the balance to be
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<br /> applied upan the payment of �onthl.y installments upon saie� loan.
<br /> Dated at Grand IGland, this 21 day of January, 193�.
<br /> iNi tne s s: V7ard Babc ock
<br /> Florence V.&�yers Sylv3a Babcock .
<br /> State of Nebraska ) On this 21 day oP January, 19j�, before me, the unaersigned, a Notary
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<br /> Hall County' � Public, in and for said County, Peraonally came Ward Babcock and $y.lvial
<br /> Ba.bcock, each in their o�n right, and as husband and wife, who are peraonally known to me to be ,
<br /> the identical persons whose names are affixed to the above instrument as grantors, and they ack-
<br /> no�Iedged �he same to be their voluntary act and deed. ,
<br />! tRitnesa my hand and Notarial seal the date aforesaid. .
<br /> . Florence V.Myers
<br /> (SEAL) Bfi:otary Public .
<br /> My Commission expires August 27, 19�+3.
<br /> Filed for record thi� 25 day of January, 193�, at 11;3� .o 'clock A.M.
<br /> C.lC��:��c
<br /> Register of Deed
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