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<br /> A�� SC ��LAI�T�O�JS gZ�CORD S
<br /> TNE�UCUiT111[CO.12787 " ' '�2 I�w'���� /�( ���� .
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<br /> ASSTGNN�'IENT OF t�ENTS �„���.ac���- ��� � � - �
<br /> ��-�°�,�,� r,� � ,
<br /> KNOW ALL �qEN BY THESE PRESENTS : John N.Grotzky and Cecelia B.Grotzky, sband and wife, of the
<br /> County of Hall, State of Nebraska, for and in consideration of the sum of Eleven Hundred and Nof100
<br /> Dollars, as a Ioan in hand p�.id to them by The Equitable Building and Loan Association, of Grand
<br /> Island, Nebraska, a corporation, and other good and valuable considerations, the receipt whereoP
<br /> is hereby acknowledged, do hereby assign, t�ansPer a.nd set over to said Association, as collateral
<br /> 4ecurity for the duration of the loan, all the rents, income, and profits accruing upon the fol-
<br /> Iowing described property, situated in the County of Hall, 5tate of Nebraska, to-wit:
<br /> Lots Six (6) �.nd Seven (7) in Block Three ( 3) , in Bonnie Brae an Addition t'o the City oY Grand �
<br /> Island, Nebraska, as the same is surveyed, platted and recorded.
<br /> And we hereby authorize and empower The Equitable Building and Loan Association, oP Grand Island,
<br /> . Nebraska, its authorized agents and attorneya, to act for us and rent the above described premise�
<br /> �.nd in our place collect and receipt for said rent, at such pricea and upon such terme as it may
<br /> �ee Yit. It is further expreasly stipulated that, if the assignors, or their euccessors, �oecupy
<br /> aaid premises durin�; the existence of said loan, the Assignee shall have the eame rights of for-
<br /> fe�tur�, e,�ectment for forcible entry and detainer, as such assignee might have against any other
<br /> tenant, who has no interest or title in and to said premises. The temporary waiver of the collect-
<br /> ion of the rents shall not be cons�rued ae constituting a relinquiahment of the rights granted
<br /> hereunder, whieh rights may be exercised at any time during the existence of the above mentioned ;
<br /> mortgage, or ext�=nsion thereof.
<br /> � This assi�nment of rent being made for the express purpose of having said revenue applied to the
<br /> rep�.yment oP the above mentioned loan.
<br /> „ 9aid Association may,; in its discretion, use the rentQ so Par ae lt may deem necessary, for the �
<br /> purpose of making such repairs upon the premises a.s, in its ,judgment, may be proper and may use
<br /> s�.id rents so far as necessary Por the payment of insurance premiums, and taxes upon said �remiees,
<br /> It shall �.lso have authorlty to deduct from said rents a fair compensation, to be payable to
<br /> . said Association 's Agen�:�, for services rendered in the colleetion of said rents ; the balance to
<br /> be applied upon �he payment of monthly installmenta upon said loan.
<br /> Dated at Grand Island this 16 day of �Iay, 1939•
<br /> John N.Grotzky
<br /> tNitness : Cecelia B.Grotzky
<br /> Florence V.Myers
<br /> State of Nebraska ) On this 16 day of May 1939, bePore me, the undersigned, a Notary Publi� ,
<br /> ) s�:
<br /> Hall County ) in and for said County, Personally came John N.Grotzky and Cecelia B.
<br /> 7 Grotzky, hu�band and wife , who are personally known to me to be the identical persons whose na.me�
<br /> are aPfixed to the above instrument �.s grantors, and they acknowledged the same to be their vol-'
<br /> untary act and deed. .
<br /> Witness my hand and Notarial seal the date .aforesaid.
<br /> Florence V.�fyers
<br /> ( SEAL) Notary Public
<br /> PJIy Co�mission expires Au�u�t 27, i9�+3•
<br /> � Filed for record this 19 day of I�iay 193�, at 1 ;30 o 'clock P.b2. v(����
<br /> Register oP De ds
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