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� �31
<br /> 1VIISC ]�LLA.�TEO�JS ��CORD S
<br />" rxe�ucusTiecco.+s�ea
<br /> ASSIGNIt2ENT OF RFPITS '�
<br /> � .
<br /> KNOP� ALL 112EN BY THESE PRESErdT5; Axel V.Benson and Hazel E.Benson, each in their own right, and
<br /> as huaband and w�ife, of the County of Hall, State of N�braska, for and in consideration of the sum
<br /> of Seven Hundred and No/100 Dollars as a loan in hand paid to them by The Equitable Building and
<br /> Loan AG�ociation, oP Gr�.nd Island, Nebraska, a corporation, �.nd other good and valuable considera-
<br /> tians, the receipt whereof is hereby acknowledged, do hereby assign, transPer and set over to said
<br /> Ae�aciation, a� callateral ePCUrity for the dur�.tion of the loan, txll the rents, income, and profits
<br /> accruing upon the foll_owing described property, situated in the County oP Hall, State of Nebraska,
<br /> to-wit ; -
<br /> Lot Eight (�) in Block Twenty-two (22) , in Ruasel Wheeler 's Addition to the City of Grand Ieland,
<br /> Q r e ,d latted and recorded.
<br /> Nebrr�..ka, as. su v ye , p
<br /> And w e hereby authorize and empovrer The Equitabl.e Building and Loan Association, of Grand Ieland,
<br /> Nebraek�,, its auttiorized agents and attorneys, to act for us and rent the above describsd premises,
<br /> and in our place collect and receipt for eaid rerit, at such prices and upon such terms as it may
<br /> �ee fit. It is furthFr expressly stipul�.ted that, if the asQignors, or their �uecessors, oecupy
<br /> said premises during the existence of said Ioan, the Assignee ehall have the same ri�hts of for-
<br /> feiture, e�ectment Por forcible entry and detainer, ae such assignee might have against any other
<br /> tenant, who has no interPSt or title in and to said premises. The ter�porary wraiver of the collec�ion
<br /> of thP renta sh�.Il not be construed as con�tituting a relinquishment of the rights granted here�nc�er
<br />' vahich ri�hts may be exercised at any time during the existence of the above mentioned mortgage or
<br /> extension thereoP.
<br /> This assignment of rent bein�; made for the expresQ purpose oP having said revenue applied to the
<br />, rep�.ymPnt of the above mentioned loan.
<br /> Said Assor,iation may, in its diecretion, use the rents so far as it may deem necessary, for the
<br /> purpose of makin�; such repairs upon the premi�es as, in its �udgment, may be proper and may uae
<br /> said rents so �ar ae necessary Por the payment of insurance premiums and taxea upon aaid premiseQ.;
<br /> It shall algo have authority� to deduct from said rents a fair compensation, to be payable to said
<br /> Aesociatian' s A�ent4, for services rendered in the col].ection oP said rents; the balance to be
<br /> applied upvn the payment of monthl.y inatallments upon said Ioan.
<br /> Dated at Grand Island, this 27 day of January, 1939•
<br /> �litnes s :
<br /> Florence V.My�rs Aael V.Benson
<br /> Hazel E.Benson
<br /> State of Atebraska ) On thia 27 day of January, i939, before me, the undersigned, a 1Votary
<br /> )es:
<br /> Hall County ' ) Public, in and for said County, PerSOnally came Axel V.Benson and Hazel
<br /> E.Benson, each in their o�m ri.ght, and as husband and wife, who are personally known to me to be
<br /> the identical persons �vhose names are a�fixed to the above instrument as grantors, and they ack-
<br /> nowledged the sar�e to be their voluntary act and deed.
<br /> Witness r�y hand and Notarial eeal the date a�oresaid.
<br /> Florence V.Myers
<br /> My Commission expires (SEAL) Notary Public
<br /> Au�izst 27, 19�+2 .
<br /> Filed for reeo�d this 2�th day of Jar�uary�39, at 1I:45 0 'clo k A.M. �����Ld �
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