60 �
<br /> 1V�g ��JE�,�,A�T���JS ��EC ��� S �
<br /> TNEAU6UfTINEC0.12787 -�
<br /> ASSIGN1b2ENT OF RENTS
<br /> _ ______. � ,, , .�
<br /> KN0�1 ALL MEN BY THESE PRESENTS:That we, the undersi�ned,Ernes� Ostermeier and �farie Ostermeier,
<br /> hi� wife oP the County o�' ha1l,State of Nebraska, for and in consideration oP Forty Five Hundred
<br /> and no/I00 Dollara as a Ioan ln hand paid to us by The Commercial Nationa,l Bank oP Grand T�Iand,
<br /> �ebraska.,a corporation,and other good and valuable .consideration, the receipt whereoP is hereby
<br /> acknowled�ed, da hereby assign, transPer and set over to eaid Bank,as collateral Securi'�y for the
<br />� duration oP the Ioan,all the rents , income and proPits accruing upon the followin� described prop-
<br /> erty, �ituated in the County of Hall,State of Nebraska,towitt Lot Six ( 6) ,Bloek One Hundred Thirty-�ix
<br /> ( 1�6) ,Union Paciflc t�ailroad Company' s Seco�d Addition to the City ot' Grand I�land,Nebra�ka,as
<br /> pla�ted and recorded.
<br /> And we hereby authorize and empower The Commercial. National Bank,of Grand �sland,Nebraska, its
<br /> authorized agents and atterneys, to act Por us and rent the above describ�d premises,and in our
<br /> plac� collected and receipt for said rent,at such prices and upon such term8 as they may see fit.
<br /> This assignme,nt of rent being made for the express purp�ee of having said revenue applie3 to the
<br /> repayment of �he above m�ntioned I.oan.
<br /> Said bank may, in it� di�cretion,use the rents �o far as they may deem necessary,Por t he purpose
<br /> ot making such repairs upon the premlae� a8, in 1ts �judgment,amy be proper and may uee ea�d rente
<br /> �o fax as necessary for the payment of the insurance premiums and taxes upon said premises .It
<br /> shall also have authority to deduct from said rents a fair compensation to be payable to said
<br /> �'ank 's agent�, Por services rendered in the collection of said rents;the balance to be applied upon
<br /> I the payment of any indebtedness we may be owing said bank from time to time.
<br /> �ated at Grand Ieland,Nebraska this 16 day o� �ay �.939. Ernest Oetermeier
<br /> �Gitneas :
<br /> F2orence Schmidt i�arie O�termeier
<br /> State of Nebra.ska, )
<br /> )SS On this 16th day oP May,1939,before me, the undersigned a Notary public,
<br /> HaZI County. )
<br /> in and for 8aid County,personally came Ernest Oetermeier and Marie
<br /> Os�ermeSer,hie wife, who are pereonally known to me to be the identical person$ whose namea are
<br /> afYixed to the above instrument as �rantors and acknowledged the same to be their voluntar act
<br /> Y
<br /> and deed.
<br /> Witneea my hand and Notarial Seal the date af'oresaid.
<br /> Harold A.Prince
<br /> My commisaion expiree April 16,19�+�- ( SEAL� Notary Public
<br /> Filed for record this 16 day of I�ay,193q,at 11 : 50 o 'cZock A.M.
<br /> ���� �-�-�-.�-�r
<br /> Register of Deeds -
<br /> -o-o-a-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-a-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-
<br /> RESOLUTION &C _ .�r�
<br /> Lincoln N b
<br /> e rask
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<br />� �ay i2,z939 �
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<br />'� At a apecial meeting cal�ed by the Directors oP the J.H.Yast Lumber Company to authorize the officers
<br /> i
<br /> a� the corporation to sign all Zegal papers,motion was made and carried to direct the President
<br /> and Secretary to sign deed to Lot #2,Ross & Aehton Park Addition, Grand �aland,Nebra$ka,as well as
<br /> i a11 other transfer� of real estate oP th� J.H.Yost Lumber Company unt11 their successors are
<br /> elected.
<br /> J.H.Yo$t
<br /> (Signed) president
<br />' ( Signed) A.H.Yost
<br /> Secretary
<br />'i The above �.s a true copy of minutea oP the Directors ' meetin� oP the J.H.Yost Lumber Company '
<br /> dated ft4ay 12,1939. (SEAL) _ HenrY I�attler
<br /> I Notary public
<br /> iCommission expires Feb.27,1945.
<br /> I AMENDED ARTTCLE9 OF INCORPORATTON OF THE
<br /> J .H.YOST LUMBER CO�iPANY
<br />� At a �pecially called meeting oP the atoekholdera oP the J.H.Yo�t Lumber Company,duly held at the
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