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<br /> 1VII SC ���AI\TEO�JS R.EC ORD S
<br /> TXEI1UGUfT�MECO.�Z7B7
<br /> sA9SIGN�GENT OF RENTS• � �� ���A��°�'-d�`'�� � '
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<br /> KNOV� ALL MEN BY THFSE PRESENTS: Ivy E. Sylv�st� an� Lela M, 9ylvest�"r,Hueb an wife of the County'
<br /> of Hall �8'�ate of �iebraska for and in consideration of the sum of Thirty-Eight Hundred � 00/I00 !
<br /> Dolla.rs as a loan in hand paid to us by The Equitable Building and Loan Associa,tion,of GrandIsland,
<br /> Nebraska,a corporation,and other good. and valuable consid.er�.tions,the receipt where-of is hereby
<br /> acknowledged,do hereby assign,transfer and set over to said Association,as Qollateral security for
<br /> the duration of the loan,all the rents ,income,and profits accruing upon the following described
<br /> property,situated in the County of Ha11 ,State of Nebraska,to-wit; Part of NE� of Sec.2l,Town$hip 11,
<br /> North Range 9 ,�lest of 6th P,M. ,more paxticularly described as follows; to-wit;- Commencing at a
<br /> point 33 ft west of Center Iine of 3o .Locust St. ,in City of GrandIsland,Nebr.and 110 ft. So. the SE
<br /> corner of Lot 9 ,in Block 2 of First Artistic Homes Addition,thence running �9est parallel with 50 ft.
<br /> So. of the So. line of Anderson Ave. for a distance of 14� feet ,thence running �o. at right angles with
<br /> said Anderson Ave.for a�i.istance of 50 ft. , thence running east parallel with said Anderson Ave.for
<br /> distance o� 14� ft, to West line af So. Locust 9t. ,thence north and on West line of sa�d St, for�
<br /> distance of 50 ft. to place of beginning. Subject to bui�ding restrictiona of record.
<br /> And we hereby authoriz� and empower The Equitable Building and Loan Association,of Grand Island,Neb��
<br /> r aska,its authorized a,�ents and attorneys �to act f or us and rent the above described premises,and '
<br /> in our pl�ce co].lect and receipt for said rent ,at such prices and upon such terms as it may eee fi'�.
<br /> It is further expressly etipulated that,if the assi�nors,or their euccessors,occupy said� premf.ses
<br /> durin� the existence of said loan,the Assignee shall have the same rights of forfeiture,ejectment
<br /> for forcible entry and detainer ,as such assignee might have a�ainst any other tenant,who has no
<br /> intere$t or title in and to said premises. The temporary waiver of the collection of the rents sha,ll
<br /> not be construed as constituting a relinquishment of the rights granted hereunder,which rights may
<br /> be exercised at any time during the existence of the above mentioned mortgage or extension thereof.�
<br /> Thie assignrnent of rent being made for the express purpose of havin� said revenue applied to the
<br /> repayment oP the above mentioned loan.
<br /> said Aseoeia�ion may,in its diecretion,use the rents so far as it may deem necessaary,for the pur-
<br /> pose of rr�aking such repairs upon the premises as,in its judgment ,may be proper and may use s��.d
<br /> rents so far as necessaxy for fihe payment of insurance premiuma and taxes upon said premisee. It .. �
<br /> shall also have authority to deduct from said rents a fair compensation,to be payable to said
<br /> Assoeiation�s Agents,for serviees �endered in the collection of said rents; the balance to be applidd
<br /> upon the payment of monthly installments upon said loan.
<br /> • Dated at GrandIsland,Nebraska this 22 day of �u1y,1939• �
<br /> Ivy E. Sylvester
<br /> i�itness; Lela M.9ylvester
<br /> Florence V.Myers
<br /> State of Adebraska :
<br /> SS: On thie 22 day of Ju1y 1939 ,before me,the undersigned,a Not� y Public,.
<br /> Hall County
<br /> in and for said County,Personally came Ivy E. Sylvester and Lela M.
<br /> Sylves�er,Husband and �if� who are persona,lly known to me to be the identical p ersons whose names
<br /> are aff ixed to the above instrument ag grantors and they acknowledged the same to be their volun-
<br /> tary act and deed.
<br /> � 1�itness my hand and Notarial seal the date aforesaid.
<br /> b'lorence V.Myers
<br /> ( SEAL) Notary Public
<br /> �
<br /> y C�mmissi�n expires August 27,1�43.
<br /> Filed for reeord this 24 day of Ju1.y�1939 ,at 1:30 o �clock P.M.
<br /> ��c=c�� � �
<br /> Register of Deeds �
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