|
�� �
<br /> �� �� ����1\ �� V V ��� ��� �
<br /> . TNi AYOU{TINE CO.12767 ' -
<br /> covenants and promises in said contract and/or mortgage above referred to ,and such default con- '
<br /> tinues for Q period of thirty (30) daye,on demand of the said Companq we will deliver to it sll ;
<br /> . then existing leasea covering the pre�ises above described or any part thereof,e.nd this assign- �
<br /> ment of rents shall be construed as an assignment of alI auch leases to said Companp.
<br /> And we further agree that said Company may from time to time appoint and dismiss agente for the
<br /> care of the said property,s,nd grant ta any such agent or ag�nte so appointed full and �rrevocable
<br /> authority on our behalf to manage the property and do all acts relating to �such manage�ent, inclu�-'
<br /> in� among others the making of new leases (without obligation so to do) ,the alteration or amend-
<br /> ment of existing leases,the authoriz�,tion of repairs or replacements to maintain the building or
<br /> buildings a,nd chattels aituated on said property in good snd tenantab le condition,the purchase
<br /> out of the rents of such additional furniture and equipment as the Companq in its sole discretion
<br /> may deem necessary to the maintenance of a proper rental value of the property,and the ps�q ment
<br /> of all taxes,assessmen�s and premiums of fire,tornado and lie.bility inauranee;and that all rents
<br /> collected by such a�ent or agents,after payment of the costs of collection thereof,costs of
<br /> management,including such agent or agent�� compensation,repairs and upkeep of eaid property,e�nd
<br /> pa,yment of all ta�ces,assessments and insurance premiums,shall be payable to the said Company to
<br /> apply on said mortgage debt.
<br /> pnd it is further understood and agreed that the said Company under thia aeaignment is in nowise
<br /> assuning,nor ehall it assume or be held f or any responsibility or liabilitq for the colleotion
<br /> of any rents�r ineome from the said property,or any responsibility or liability for the care of
<br /> maintenanee of said property or keeping the eame rented,or any responsibility or liability for
<br /> or in connection with any sct or acts of any agen't managing said property;and is and shall be
<br /> responeible or liable only for the faithful accountin� for all rents received by it.
<br /> It is further underetood and a.greed that thia inatrument ahall in nowise constitute or be eonsid
<br /> ered as a waiver on the part of said Oompany of any of its rights or remed.iea under its contract �
<br /> and mortg�ge heretofore referred to ,and that the application by it of t he �ea�s received from the
<br /> property above described to the mortga�e debt heretofore referred to shall not operate in any
<br /> way to waive any default tha'� might thereafter exist under the contraat and/or the mortgage,and
<br /> that the payment of the indebtedness secured by such instrwnents may be accelerated in accordanqel
<br /> vrith their terms notwithste.nd-ing the acceptance andjor application of such rents,and that said
<br /> Company may proceed at law or equity to enforce its rights under said contrect a,nd mor tgage not-
<br /> withstanding it or some a�ent appointed by it continues in possession o� the property her ein
<br /> re�'erred to and continues to collect the rents therefrom.
<br /> It is further understood and agreed thattiie failure of the said Companq to make demand for or to
<br /> ao llect any of the rents from the above described property or any pax t thereof or to demand
<br /> assignment of any leases�shall not constitute any waiver on its part to make any future or other
<br /> demands therefor. .
<br /> ��
<br /> IN �ITNESS VPHEftEOF,the said (�len M.Stewart and Rathleen 8tewart ,hueband and wife,each in his,�own :
<br /> right heteby bind ourselvea,our heirs�repreasntatives and a$signs,this lst day of �Qarch,A.D.193�;
<br /> �►itness: A.�'.Guendel Glen �.9tewart
<br /> Kathleen 9tewa,rt
<br /> gtate of Nebraska,
<br /> gs. �n thie 5" day of March,A.D.193�,before me,a Notary gublic in and for
<br /> County of Hall
<br /> said County,personally appeared the above named Glen M, Btewart and
<br /> Kathleen Stewart ,husband and wife who are personally known to me to be the identical person� ;
<br /> whose names are affixed to the above and foregoix� assignment of rents and who aeverallq �,cknoe- i,
<br /> ledged the execution of said instrument to be their voluntary act a�d deed.
<br /> �►itnees my hand s�nd notarial seal the day �nd date aforesaid.
<br /> Commission expires Pbv. 10, 19�2 Lida Dietz
<br /> ( SEAL) Notary Publt�c ;
<br /> Filed for record this � d.ay of March,193� ,st 4 o� clock P.M.
<br /> �ti� ��
<br /> Reg3.ster of Deeds
<br /> �
<br /> �
<br />
|