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<br /> ASSIGNMEPdT OF RFNTS ��'��"�`�% ����� ���� ':���.� � .�
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<br /> KPJOV! ALL 1'rqEN BY THESE PRE�EN S: We, Hov��ar d N.KeIIey and Lo s G. Zley, each in their own right, and
<br /> as husb�.nd and v�ife, of the County of Hall, 5tate af Nebraska, for and in consideration of the sum
<br /> of Fiftesn Hundred & 00/100 Dollara, as a Ioan in hand paid to us ry The Equitable Buildin� and
<br /> Loan Asaoci��a.tion, of Gr�.nd Isls.nd, Nebrask�., a corporation, and other good and valuable consld.era-
<br /> tions, the receipt ��hereoP is hereby acknc�wZedged, do hereby assign, tr�.nsfer and set over to said
<br /> Aasociation, �,s collateral security for �he duration of the loan, all the rent�, income and proPits
<br /> accruing upon the follov��ing de�cr2bed property, situated in the County of Hall, �tate of Nebraska,
<br /> to-wit:
<br /> Lot Five (5) of Fairacrea Subdivision, as the e�.rne is survey�d, platted and recorded, being loeated
<br /> on part of th� Southwest q,uarter (SW�) of Section �hree (3) , in To�n�hip Eleven (11) North, of
<br /> R�nge 1Vine (9) , �lest of the 6th P.�t. , ln Hall County, RTebr�.ska.
<br /> Anc� we hereby authorize and empower The Equitable Building and Loan Aasociation, of Grand Island, �
<br /> Nebr�.ska, its autYiorized a�;ents and attorneys, to �.et for us and rent the above described premiseg,
<br /> and in our plaee collect �.nd r�ceipt for �aid rent, at such pricee and upon sueh terms aa it may .
<br /> eee fit. It is Purther expressly stipulated that, iY the assignore, or thelr successorg, occupy
<br /> $�.id premises during the exi�tence of said Iot�n, the Assignee sY�al1 have the e�,me right� of for-
<br /> feiture, e�Petment for f'orcible entry �.nd detainer, as such assl�nee might have against any other
<br /> �en�.nt, ��ho has no interest or title in a-.Zd to said premises. The temporary �raiver of the collect-
<br /> ion of the rents sY��.11 not be construed as constituting a relinquishement of the rights �ranted .
<br /> hsreunder, which ri�;hts rnay be exerciaed a'G any time durin� the existence oP th� above mentioned
<br /> mort�a�e or extenaion thereof.
<br /> This asai�nment o� rent being �ade for the express purpoee- oP having said revenue applied to the
<br /> repayment o�' the above Mentioned lo�.n.
<br /> Said Asrociation may, in its discretion, use the r�nts so far as it may deem necessary, for the
<br /> purpose of m�kin�r such repairs upon the premises as, in its ,judgment, may be praper and may use
<br /> s�,ic� rents �o f�.r as necessary for the p�cymezit of insurance premiume and taxe� upon said premiaes.
<br /> It sh�.11 also have authority to deduct fro� said rent� a fair compensation, to be payable to s�.id
<br /> A$sociation' s A�ents, for services rendered in the collection of sald rents; the bal�.nce to be
<br /> applied upon the payment of monthly inatallments upon said loan.
<br /> pated at GrAnd Ialand,Nebr. this 22 day of December, 193�•
<br /> GGitness :
<br /> Florence V.�rTyers Ho�rard N.Relley
<br /> Lois G.Kelley
<br /> State �f Nebrask� ) On this 22 day of December, 193�, before rr�e, the underaigned, a Notary
<br /> )ss:
<br /> H<�.II County ) Public in ar:d Por sald County, Per4onally came Ho��,rd N.Kelley, and Lois
<br /> G.Ke�.ley, er�ch in their o�rn ri��zt, and as huGb�.nd �ind wi�'e, who are peraonally known to me to be
<br /> the ident�ca.1. pereons tvhnse names arP af'fixed to the a.bove inatrument ae grantors and they acknow-
<br /> ledged the sa.ne to be their voluntary act and deed.
<br /> �litness my h�.nd and Notarial seal the date afbresaid. Florence V.�yers
<br /> (SEAL) Notary Public
<br /> I�y CommlPSion expires August 27, 19�3•
<br /> Filed for rec�rd this 31st d�y of December, z93�, at I:30 o 'clock P.�[.
<br /> ������C �-«�
<br /> egieter of Deeds
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