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<br /> 1VI� SC ��ILAI�T�OjJS RECO�tD S
<br />; rNeeueusr�weco.ts�e� ��A� ����`'a��[� +�%�:t+�%�'��+������� _ .
<br /> ASBIGNMENT OF RENTS: , �-�-���'�`��9�R� h � y�,,�.r, � �-"-.�r 'C'r--` ;
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<br /> KPTO�' ALL AdEN I3Y THESE PRESENiS; V�e,L.B. lme and Irene Palmer,Hueban and �7 e of the County of
<br /> Ha11,State of Nebraska for andin consideration of the sum of Eighteen Hundred & 00/100 Dollars as
<br /> a loan in hand paid to us by The Equitabl� Building and Loan Association,of Grand Ieland,Nebraska,
<br /> a corporation,and other good and valuable considerations,the reo�;��btwhere-of is hereby acknowledged,
<br /> do hereby assi�n,transfer and set over to said Association,ae collateral security for the duration
<br /> of the loan,al.I the rents ,ineome,and profits accruing upon the followir�g described propertq,situat�
<br /> ed in the County of HaI1 ,State of Nebraska,to-wit: Lot Five (5) ,Block Thirty-�ix (36) ,in wasmer�e
<br /> Addition to th� City of Grandlsland,Nebraska, as the same is surveyed,platted and recorded.
<br /> And we hereby authori2e and empow�r The Equitable Building a,nd Loan Association,of Grand Island,
<br /> Nebraska,ite authorized agents and attorneys,to act for us anc�rent the above described premis�s,
<br /> and in our place collect and receipt for eaid rent,at such prices and upon such terms as it may
<br /> • eee fit. Tt is further expressly stipulated that ,if the assignora,or their successore,oacupy said
<br /> premises during the existcnce of said 1oan ,the Assignee shall have the same rights of forfeiture,
<br /> e�ectment for forcible entry and detainer,as sueh assignce mi�ht have against any other tena,nt,�ho
<br /> hae no interest or title in and to said premisea.
<br /> The temporary waiver of the collection of t he rents shall not be conatrued as constituting a xelinq-
<br /> uiahment of the rights granted hereunder ,which rights may be exercised at any time during the
<br /> eaistence of the above mentioned mortgage or e�cteneion thereof.
<br /> This assignment of rent being made for the express purpose of having said revenue applied to the
<br /> repayment of the above mentioned loan.
<br /> Said Aesociation may�in its discretion,use the rents so far as it may deem necessarq,for the pur-
<br /> poae of making such repairs upon the premises as,in its judgment ,may be proper and may use said
<br /> rents so far ae necessary for the payment of insur�,nce premiume and taxes upon said premises. It
<br /> shall also have authority to deduet from said rents a fair compensation,to �e payable to said i '
<br /> Aasociation�s Agents,for services rendered in the collection of said rents;the balance to be
<br /> applied upon the payment oP monthly installments upon said loan.
<br /> Dated at Grand Island,Nebr. this 21 day ofJune,1939-
<br /> L.B.Palmer
<br /> �litness; Irene Palmer
<br /> Florence V.�yers �
<br /> State of P1�braska
<br /> ss: On this 21 day of June 1939 ,before me ,the undersigned,�, Notary publ�cl,
<br /> H al l Count y
<br /> in and for said County,P�rsonallq came L.B.palmer and Irene pa,l,mer, '
<br /> Hueband and '�ife who are personally known to me to be the identical per�ons whos� names axe e,�fiaed
<br /> to the above instrument as grantors and they ecknowledged the same to be their voluntary act and
<br /> � deed.
<br /> '�itness my h�nd and Notarial s�al the date aforesaid.
<br /> Florence V.Myere
<br /> ( SEAL) Notar y Public
<br /> My Commission expires August 27,19�+3
<br /> b'iled for re�ord this 22 da,y of June,1939 ,at :2;30 0 �clook P.M. �)��� ��
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