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<br /> ASSI(�N�dENT OF RENT9: �. �°a'" �
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<br /> KI�tO� ALL DdEN BY THESE PRESE1dT9: Cyrell .Rass�nd r ee �.R sett�each in their own right ,
<br /> and as hu$band and �oife ,of the County of Hall ,state of lyebraska for and in consideration of the
<br /> sum of Thirty-eia Hundred and No/204 Dolla�e as a loan in hand paid to them by The Equitable
<br /> Building and Loan Association,of Grand Island,Nebraska�a corporation,and other good and va,lua,ble
<br /> consider$tions,the receipt where-of ie hereby ae�no�ledged,do hereby assign,tran$fer and set
<br /> over to said Associ.ation,as collateral security for the duration of the Ioan,ail the rents,
<br /> income,and profits accruing upon �the following described property,situated in the County o� HaI1,
<br /> 9tate of Nebraska�to-wit;- Lot Five (5) ,in Block Thirteen (13) ,in Rernohan and Decker� s Addition
<br /> to the Oity of Grand Island,Nebraska,as surveyed,platted a,nd recorded.
<br /> And we hereby authorise a,nd empoRer The Equitable Buildin� and Loan Association,o� Grand Island,
<br /> Nebraska,its authorized agente and attorneys,to act f or u$ and rent the above deserib ed premises,
<br /> gnd in our place collect and receipt for said rent ,at such pric�s and upon such terme as tt may
<br /> see fit, It ie further expressly stipulated that,if the assignors,or their succes�ors,oacvpy eaid
<br /> premises durir.� the eaietence of said loan,the Assignee shall have the same rightg of forfeiture,
<br /> ejectment for foreible entry and detainer ,as such aesignee might have against. any other tenant,
<br /> who has no inter est or title in and to said premises.The temporary wa�ver of the collectioa of
<br /> the rent$ shall not be conatrued as con$tituting a, relir�quishment of the rights granted hereundier,
<br /> which rights may be exereieed at any time during the eaistence of the above mentioned mortga.�e or
<br /> eaten�aion thereof,
<br /> This assi�nment oY rent being made for the exprees purpoae of having eaid revenue applied to the
<br /> repayment of the above ment ioned 1oan. ' �
<br /> Said Association may ,in its diecretion,use the renta so far as it maq deem neQessary,for the
<br /> purpoee of making euch repairs upon the premises ae, in ite judgment,maq be proper and may uee
<br /> said rents ao far as necessary for the payment of insurance premiwr►s and taaes upon eaid premiBes.
<br /> �t shall also have authority to deduet from aaid rents a fair compensation,to be payable to said
<br /> Assooiation� s Agents,for services rendered f.n the collection of said rents;the balanee to be
<br /> , k
<br /> applied upon the payment of monthly insta,llments apon said loan.
<br /> q -
<br /> Dated a,t Grand Island thi s 18 day of �aarch�1939•
<br /> Cyrell E.Raseett
<br /> Witnese:
<br /> Florence V.Myers Grace �.Rassett
<br /> state of ATebr�ska
<br /> ss:
<br /> Hall County On this 1� day of �arch 1939�before me ,the undersigned,a IQotary
<br /> Public,in and for said County,Pereonally came Cyrell E.Rassett and (�race M.Rassett ,each in their
<br /> own right ,and as hueband and wife,who are per8ona,lly known to me to be the identicsl persons
<br /> whose names ax e affiaed to the above i.nstrument ae �rantora,and thep acknowledged the same to
<br /> be their voluntary aet and deed.
<br /> '�itness my hand a,nd Notarie�. �aeal the dat� aforesaid,
<br /> Florenee 4.Mqers
<br /> ( $EAL) Ni3��p Pub2iv
<br /> �dy Commission e,xpires August 27�19�+3.
<br /> Filed for record thie 2 day of May,1939�at �;15 o�clock p.�. ��;���� ��
<br /> Reg ater o ee s
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