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<br /> AS�IGNMEPIT OF REN'TS (� � ��� �
<br /> d'�M . ' -�l- �GP�.��� � `
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<br /> KNO�J ALL MEN �3Y TH�SE PRESEA��r��ick H.Colwell ( a so kno as F.H.Colwell) and Katie A. Col '
<br /> �rell, husband fl,nd wife, of' the Cc�unty of Ha1.I, State of Nebraska, for and in consideration of the '
<br /> sum of Tr�elve Thousand 5ev�n Hundred & 00/I00 Dollars, as a loan in hand pald to triem by The Equit-
<br /> �.ble Bullding �.nd Loan Asaociation, of Grand Island, Nebraska, a corporation, and other good and
<br /> valuable considerationa, the receipt �hereoP is hereby acknowled.ged, do herebq assign, tran�fer a�d
<br /> �et over ta said Associ.ation, as coll�teral securlty for the duration of the losn, all the rents, :
<br /> income, r�nd proPit�s aecruing upon the follo�ing described property, situated in the County of Hal�.,
<br /> S'tate o�' Nebraska, to-��it: AI1 of Lata 1 and �, Block 5, Schiwnier' s Addition to the City of Grand
<br /> Ssland, Nebraska, al�o all of Lots �, 9,and 10, in Block 23, in Russel Wheeler's Addition to the
<br /> City of Grand Island, PJebraska, all ae the �ame are surveyed, platted and recorded.
<br /> And they hereby authorize �.nd empo�er The Equitable Buildin� and Loan Association, oP Grand Islan�
<br /> Nebragka, its authorized a�ents and attorneys, to act for them and rent the above described prem-
<br /> ises, and in t1�:eir pl.�ce co];:Iect �.nd receipt Por said rent, at such prices and upon euch terms aQ
<br /> 1� may see Pit. It is further expressly atipulated that, if the aesignors, or their succeseors,
<br /> oecupy said premises durin� the existence of said loan, the Assi�nee ahall have the same righta
<br /> of Porfeiture, e,jectment for Porcible entry and detainer, aa euch assignee mi�ht have against any'
<br /> oth�r tPnttnt �ho h�.g no interest or title in and to said �remises. The temporary waiver of the
<br /> collection of the rents s�iall nat be construed as constituting a relinquishment oP the ri�;hts
<br /> granted hereunder, �ahich righta may be exercised at any time during the existence of the above
<br /> mentioned mort�m�e or extension the2°eoP.
<br /> This a8signment of rent being made for the express purpose of having said revenue applied to the
<br /> repayment of the above ment'_oned loan.
<br /> Said Association may, in its diacretion, use the rents $o Par as it may deem necessary,, for the
<br /> purpose of m�.kin� such repairs upon the premises as, in its �udgment, may be proper and may u�e
<br /> said rents so far as necessary for the payment of in�ur�,rice premiums and taxes upon said premi�ee.
<br /> It sh€�:Il �,l�o h��.ve authority to deduct Pram s�id rents a fair eompen�ation, to be payable to said
<br /> As�ociatinn �s A�enta, for servicea rendered in the collection of said rents; the balance to be
<br /> appl.ied upon the payment of monthly inGtallments upon said loan.
<br /> D�,ted at Grand Isl.and, Nebr. this 15th day oP �ia.rch, 7.93g.
<br /> �litne s s : �'re deri ck H.Coiv�ell
<br /> Florence V.�yers Katie A.Colwell
<br /> St�,te of Nebraska ) On this 15th day of March, 1939, before me , the undersigned, a Notary
<br /> ) �s:
<br /> H�.lI County ) Publlc, in and for s�.id County, Personally came Frederick H.Colwell
<br /> (al ao kno�m as F.FI.Colv�ell.) and Katie A.Col�vell, huGb�.nd and v�iPe , who are personally kno�an to m�
<br /> to be the identical per�ons va}�ose n�mes are aff ixed to the above inatrument as grantorQ, and they
<br /> �.eknov?led�Pd thF same to be trieir voluntary act and deed.
<br /> WitnPSS my hand and Not�.rial seal the date aPore�:aid. '
<br /> Florence V.I�yers
<br /> ( SEAL) ' Notary Public
<br /> My Commis�ion expires Aug'ust 27, i943.
<br /> Filed for record this 17 day of March, �939, at 10:00 o 'clock A.M. ��,�� �����
<br /> Register of Deeds
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