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<br /> ASSIGNMENT OF RENTS. °�« '�'"1�'�""�`°� °� � -
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<br /> KNO�V AI�L MEN BY TH�'SE PR�SENTS: I� tha Fi3lton and Lconard Hi1t n,w�nd husb�,nd of the County
<br /> of Ha11 ,State of Nebraska for and in consideration of the sum of Five Hundred �,nd No/100 Dolla�s
<br /> ae a loan in hand paid ta them by The Equitabie Building and Loan Assoeiation,of Grand I�land,
<br /> N�brasl�a,a corporation,and other good and valuable considerations, the receipt where-of is hereby
<br /> acknowledged,do hereby assi�n,transfer and ,a�t over to said Aasociation,as �ollateral aecurity �or
<br /> I th� duration of the loan,all the rents,income ,and pro�its aceruing upon the following deso�ibed
<br /> property,situated in the County of Hall,state of Nebraska,to-wit; Lots Five (5) and 8even (7� ,in
<br /> Block Eighteen (1�) ,in College Addition to the City of Grand Island,Nebraska,
<br /> And we hereby au�horize and empower The Equitable Buildin� and Loan Association,of arand Iele,nd,
<br /> Nebraska,ita authorized agents and attorneye�to aot for us and rent the above desoribed premises,
<br /> and in our place eollcct and receipt for said rent,at suoh pricea� axid upon euch terms as it may
<br /> see fit. It is further expresely stipulated that,if the aseignors,or thefr successors,ocoupy said
<br /> premises during thc existcnc� of said loan,the Assignee ahall have the same rights of forfciture,
<br /> ejectm�nt for�`forcible entry and det�.iner,as such assignee might have against any other tenant,
<br /> who has no 3.nter�st or title in and to said premises.The temporary waiver of the collection of
<br /> the�:rents shall uot be conatrued as con$tituting a relinquishment of the righ�a granted hereunder,
<br /> tvhich rights may be exercised at any time during the eaistence of tht a,bove mentioned mortgage or
<br /> extension thereof.
<br /> This assignment oY rent being made for the eapress purpose of having said revenue applied to the
<br /> repayment of the above mentioned loan.
<br /> Said Assoeiation may,in its diecxetion,use the rente eo far ae it may deem neoessary,for tht pur-
<br /> po�se of making such repaire upon thepremises as,in its judgment,may bc proper and may uee said rents
<br /> so fax a$ necessary for the paym�nt of insurance premiums and tax�e upon said premi�aes.It ehall .
<br /> alao have authority to deduct from said rents �. fair compen�ation,to be payable to sa�d Associat-
<br /> ion� s Agents,for scrvices rendered in the col,lection of said rente; the balance to be applied upon
<br /> the payment of monthly installments upon said lo� .
<br /> Da,tcd at Grand Island this 30 day of June�1939-
<br /> l�artha Hilton
<br /> t�itness: Leonard Hilton
<br /> Florence V.Myers
<br /> State o� Nebr aska
<br /> $�; On thie 30 day of June 1939,before me,the under�igned,a Nots�ry
<br /> Hall County � r'
<br /> public,in and for said County,Personally ca,me Martha. Hilton Qnd
<br /> Leonard HiZton,wife and husband who are peraonally known to me to be the identical persone whose
<br /> naraes are affiaed to the above ins'trument ae g�rQntors and they acknowledged the same to be their
<br /> voluntaxy act and deed.
<br /> �litness �ny hand and Notarial seal the date aforesaid. �• .
<br /> B'lorenoe V,ldyere . .r �
<br /> ( SEAL) No teac y Pu lb�c—
<br /> �dy Commisaion expires August 27,1943. �
<br /> Piled for record this 5 day of July,1939 �at 3 0'clock P.M.
<br /> _ � .
<br /> Re� ater of ee $
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