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<br /> 1VIISC�L�,AI�TE��JS ��CC�RD S
<br />. .. � . � TN[�U6UfT111[CO.127H7 ..� . . . . .. ,�,/ �� - ....... --
<br /> . • • � � �.�+(�u-e� �ft' .e�e+y.1T '"'`/:'�Z�i�/9��j �. _
<br /> ` ASSIGNMENT OF RENTS y� � ,� ;�-� 9 °' d t. ,,��� � �� . '�� � +
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<br />. �.�:� ��., ��-��.�- /� . __ , �����, ;
<br /> ' KN0�1 ALL MEN gY THESE PRESENTS : .We, James A,MichelsQn & Imogene�iic e s , ��i�nd and wife, of �
<br /> � the County of Hall, State oP Nebraska, Por and in cons�deration of the sum of Thirty-Five Hundred �
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<br /> � ' & 00/I00 Dollars, as a lo�.n in hand paid to us By The Equitable Buildiflg and Loan ,�ssociation, oP ;
<br /> Grand Is1�.nd, � Nebraska, ,a corporation, and other good and valuable considerations, the receipt ;
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<br /> , , where-of is hereby acknowledged, do hereby assign, transfer and set over to said As�ociation, as ;
<br /> collateral seeurity for the duration af the lpan, all the rents, income and profits accruing upon ;
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<br /> � the following described property, . situated in the County of Hall, State of Nebraska, to-rvit :
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<br /> Lot Eleven (11)., Block One (1) , in Lakev'tew, an Addition to the City of Grand Island,Nebraeka, as �
<br /> - the same is surveyed, platted and recorded. ;
<br />� And we hereby authorize and empo�rer The Equitable Buil'ding and Loan Association, of Gra.nd Island, ;
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<br />� Nebraska, its authorized agents arid attorneys, to act for us and rent the above described premise�,
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<br />� and in our place ,c�ollect and receipt for said rent, at such prices and upon such terma as it may �
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<br /> see fit. It is further expresely stipulated that, iP the assignors, or their successor9, oacupy �
<br /> said pre�fsPS during the existence of said Ioan, the Assignee shall have the same rights of for-
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<br /> feiture, e�egtment for forcible entty and detainer, as such assignee might have against any other!
<br /> . �� � tenRnt; who has no interest or title in and to said premises. . The temporary waiver of the collecfi
<br />. 'Gion oP the rents sh�.11 not be conatrued as constitutin� a relinquiehment oP the righta granted ;
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<br /> hereunder, which- rights may be exercised at any time during the exietence of the above mentioned ;
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<br /> ,�;: ,.-, mortig�.�e or extension thereof. �
<br /> This assignment of rent being made for the express purpose of h�.ving said revenue applied to the ;
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<br /> ��epa.yment oP the above mentioned loan. �
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<br /> 9aid Assoei�tion may,,; in ite diecretion, uae the rents ao Par as it may deem necessary, Por the �
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<br /> ' purpose oP mak ing such repaire upon the premises as, in its �udgment, may be proper and may use f
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<br /> said rents so Par ae necessary for the payment of in�ur�nce premiuma and taxes upon said premises
<br /> . �it sh�_1_1 �,lso Y��.ve authority to deduct Prom said rents a Pair compensation, to be payable to �aid
<br />' �ssociatiof��s ,Agents, Por aervices rendered in the collection oP said rents; the balance to be
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<br /> - applied upon the payment of bqonthly installments upon said loan. : : `
<br /> . ' Dated at Grand Island,Nebr. this 2nd d.a.y of May, 193�. j
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<br /> r Witnes e : �
<br /> r -Florenee V.�yers . Jamea �.�fichelson
<br />` " Imogene &ticheleon � '
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<br />` , $tate of Tdebr. ) On this 2nd d�.y of May, �93�, bef ore me, the undersigned, a Notary Publie '�
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<br />; , $aZ1, County ) ln and for said County, Personally ca.me Jamee A.Micheleon de Imogene Michele n
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<br /> F - t husband a,T1C�. �vi�e, who are personaily known to me to be the identicai persona whose names are ;
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<br />� affixed to the above in�trument as grantors, �.nd they acknowledged the aame to be their voluntRr
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<br />� act and deed. �
<br />� ' Witne�s my hand and Notarial seai the date aforesaid. Florence V.Myers (
<br />� (SEAL) Notary Public �
<br />� .DQy Commission-exx�ires August 27, 19�F3.
<br />` �` _. Filed for record this 9th day oP �iay, 193�, at �:00 0 'clock P.�i. �/? ��°-�� �Lt-�
<br />� � Register oP Deeda
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<br /> 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-u_o_o_o-o_o_o-o_o_o-o_o_o-o_o_o-�_o_o_d
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<br />� " RESOLUrI'IUN � -�
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<br />� � WHER�AS, West �s Subdivision, an addition to the City of Grand Island, has heretofore been plattec�
<br />� extending up to a line l00 ft. from the center line of the right-of-way of the Union Pacific Rai -
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<br /> road Co. , the owners oP such property claim'ing to own up to that line; and ,
<br />�: - WHEREAS, the Supreme Court of the United 3tates has entered a �udgment that the right-of_way
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<br /> : of the Union Pacifie Ra�lroad Co. extende to a line 2�0 ft. from the center line of the Right-oP
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<br />� way; and
<br />� WFiEREA5, the Union PaciPic Railroad Co. has Por more than 20 p p p
<br /> ` years last ast occu ied u to the '
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