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<br /> 1V�g ����]LA.�T�E��JS ��E� ��� �
<br />. .. TXEAU6UfTIN�C0.12787 . . . . . . - � . . ��
<br /> Taenty-seven (27) Feet of Lot Five (5) , in Bloek Eighty-one (��) , in the �riginal To�n,no� City ot
<br /> C#rand Island,as the same ie surveyed,platted and recorded;the same being a reetangular tra.et hav-
<br /> ing a Prontage oP 27 Peet on Riorth Walnut Street,and a depth or 66 Yeet.
<br /> And we hereby authorize and empower The Equitable Building and Laan Association, of Grand I$Iand,
<br /> Nebraska, ita authorized agents �,nd attorneys, to act for us and rent the above deseribed premise�,
<br /> and in our place collect and receipt for said rent, at auch prlces and upon such �erms a� it maq eee
<br /> Pit. It is Purther expressly atipulated that, if the assignors, or their successora, occupv said
<br /> premisea during the ea�istenee of said loan, the Assignee shall have the. :same ri�hts of �'orYeiture,
<br />� e�ectment Por forcibZe entry and detainer, as such assignee might have against any other tenant,
<br /> who has no interest or title in and to said premises. The temporaxy waiver of the eollection of
<br /> the rents shall not be ccnst�ued a,s constituting a relinquiehment of the rights granted hereunder,
<br /> whlch rSghts may be exercieed at any time durin� the existence at' the above mentioned mortgage ar
<br /> extension thereof. -
<br /> ThiB assignment of rent being made for the express purpase of having eaid r evenue applied to the
<br /> repayment of the above mentioned loan.
<br /> 3aid Aasoeiation may, in its discretion, use the rents so far as it may deem necessary, Por the
<br /> purpose of making such repairs upon the premiees as, in its �udgment, may be proper and maq use
<br /> said rents so far as necessary Por the payment of in�urance premiums and ta.�es upon se�id premises.
<br /> It ahall also have authority to deduct from $aid rents a fair compensation, to be payable to said
<br /> - .
<br /> Association�s Age nts, for servicea rendered in the colleetion of said rents,•' the ba.lance to be
<br /> applied upon the payment of �onthly installments upon eaid loan.
<br /> Dated at Grand Island, this 15 d.a.y of February, 193�. �
<br /> �itness:
<br /> Florence V.Myere Jamee A.Michelson
<br /> Imogene �dichelson
<br /> � State oP I�ebraska ) . On �this 15 day of February, �93�, before me, the underaigned, a Notary
<br /> Hall County }e�• Publ.ic, in and for said County, personally eame James A.Michelson and .
<br /> Imogene A�ichelson, husband and wife, who are personally kno�n to me to be the identical persons
<br /> whose names are affixed �Co the a bove instrument ag grantora, and they acknowledged the same to be
<br /> their voluntar act and deed.
<br /> Y
<br /> �►itnese my h�.nd and Notarial 5ea1. the date aPore�aid.
<br /> � Florence V.�Iyers
<br /> (5EAL) Notary PubZie �
<br /> I�y Commission expires August 27, �943.
<br /> Filed for record this 15th day oP February, Z93�, at 4:00 o 'eloek P.I�. ���;G��c �,«-� '
<br /> �eg"�e �er o ee�
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<br />'� 0-0-0-0-0-0-0-�J-0-0--0-0���-���-�-���_�_��0�0�J�0���,��i9�s 0-0-J��0-�-0-0-0-0-0-0-0-
<br /> � ,
<br /> ASSIGN�ENT OF RENTS �"' ���G�-u-.�.������'� �� �' � ^��� i��
<br /> �� ��v
<br /> �'d •
<br /> SV T S R SENTS: I Jes�ie G.Dill a {�i�of t Count of Hall State o
<br /> KNO ALL �lEN BY HE E P E , , f
<br /> , Y , ,
<br /> �: :..
<br /> Nebr�.ska, Por and in eonslderation oP the sum of Thlrty-five Hundred Dollars , as a 2oan in h�,nd
<br /> ,
<br /> paid to me By The Equitable Bullding and Loan Association, of Grand Island,Nebraska, a corporation,
<br /> and other �ood and valuable conaiderations , the receipt where-oP is hereby acknowledged, do hereby
<br /> ��
<br /> assign, transfer and set over to eaid Association, ae collateral security Por the duration oP the
<br /> � �
<br /> lor�n, all the rents, income, and profits accruing upon the Pollowing deecribed property, situated "���
<br /> in the County of Hall, $tate o� Nebraska, to-wit:
<br /> A11. o� Lot One (1) and the Eaaterly Fourteen (1�) Feet oP Lot Two (�) in Block One Hundred Fourt�en
<br /> (11�F) , in Railroad Addition to Grand Island,�tebraska, as the same ia surveyed, pZatted and recorded.
<br /> And I hereby authorize and empocrer The Equitable Building and Loan Association, oP Grand Island,
<br /> �iebraska, its authorized agents and attorneys, to act for me and rent the above described premisee,
<br /> txnd in my plaee collect and receipt Por said rent, at such prices and upon auch terme as it maq
<br /> see Pit. lt is �'urther expressly atipulated that, iP the a$signors, or their successors, occupy .
<br /> � , e�id premisea during �he existence oP said loan, the A$signee ahall h�ve the same rights of Por-
<br /> feiture, e�eetment for Porcibl.e entry and detainer, as such ass].gnee might have a.�ainst any othe�
<br /> ' tenant, who has no interest or title in and to said premisee. .
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