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<br /> 11�� S� �LLA1�T]EOYJS �t�CORD �
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<br /> ASSI4�NMENT OF RENT3.
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<br /> RNOVY ALL BdEN BY THESE PRESENTS:- John D.Rice and Minnie C.Rice,each in thei o�n right ,and aa husb�»
<br /> snd and wfPe, of the County of Ha11,State of: Nebraska,for and in coneideration of the eum of Three '
<br /> Thouagnd Rnd Nof100 Dolis,r�a,as g Ioan in hand paid to them By The Equitable Building and Loan
<br /> Association,o� Grand Island,Nebraska�a corporation,and other good and valuable considerations, the .
<br /> r eceipt whereof is hereby acknow ledged,do hereby aesign,tranefer and set over to said Assooiation,
<br /> a�s colls.tera,l security for the duration of the loan,all the rents,income,and profits accruing upon
<br /> the following described property,situated in the County of Hall,State of Nebraska,to-wit;-
<br /> AlI of Lot Five (5) ,Block Eighteen (1�) ,in 9chimmer�s Additi on to the City of Grand IB1end;Rnd
<br /> aleo a1.1 of the 9outherly Half of Lot Five (5) ,Block Forty-eight (4�) ,in Ruesel S�heeler�s qddition,
<br /> �rith exception of the Easterly two (2) feet of the said southerly One-half of said Lot S,Block � ,
<br /> in Russel Nheeler� s Addit ion;all being as surveyed,platted and recorded.
<br /> And we hereby authorize,and empower The Equitable Building and Loan Asaocia,tion,of Gra,nd Island,
<br /> Nebr aeka,its authorized �ente and attorneys,to ect for us and rent the above described ptemises,
<br /> and in our place eollect and receipt for said rent,at such prices �nd upon such terme as it may �
<br /> see Pi�. It ia furtherexpressly stipulated that, if the assignors , or their successors, occupy
<br /> said pre r�i.ses duri.ng the eaistence of said loan, the Assignee shall have the same rights of Por-
<br /> feiture , e�ectment far forcible entry and detainer, as such assignee might have a�ainst any other
<br /> tenant, who has no interest or title i.n and to said premises. The temporary waiver of the collectic�n
<br /> of the rents shall not be construed as constitutin� a relinquishment of the rights granted hereundgr,
<br /> �rhich rights may be eaercised at any time during� the existence of tbe a3��v:� mentioned mortg�e or
<br /> eatension thereof.
<br /> This assignment of rent bein� made for the eapress purpose of having said revenue applied to the
<br /> repay�nt of the abone mentioned loan.
<br />� 9aid pssociation may , in its discretion, use the rents so far as it may deem necessary, for the
<br /> purpose of making such repairs upon the premises as , in its judgment, may be proper and may use
<br /> said rents so far as necessary for the payment of insurance premiums and taaes upon said premises.
<br /> It shall also have authority to deduct fron said rents a fair compensation, to be payable to said
<br /> � Association� s Agents, for services rendered in the callection of eaid rents; the balance �o b e
<br /> applied upon the payment of �onthly installments upon said loan.
<br /> Dated at Grand Island, this 9 da,y of June, 193�.
<br /> �lit�ese; John D.Rice
<br /> Florence V.�yers
<br /> Minnie C.Rice
<br /> Stateof Nebraska ) On this 9 day of June, 193�, before me , the undersigned, a Notary public,
<br /> ss:
<br /> $alI County � in and for said Coun-�y, Personally came John D.Rice and �innie Rice , each
<br /> in their own ri�ht, and as hueband a nd wife , who a re personally known to me to be the identical
<br /> persone �hose .n�es are affixed to the above instrument as grantors, and w�ho acknowledged the same !
<br /> to be their voluntary act and deed.
<br /> Witness my hand and Notarial aeal the date aforesaid. '
<br /> Florence V.Myers
<br /> ( SEAL) No tary Publ ic
<br /> My Commission expires August 27 �9�3•
<br /> Fi lec� for r ec ord thi s 16 day of June , 193� , at l;30 0�elock P.�d. �iG�✓� �
<br /> Regi$ter of Deeds
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