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<br /> ����JJ�I�I�J�,l�l��j'�lJ� '-���i�J�'J�'�J �51,
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<br /> �I4HB4-STA7E JOURNA4.COMPANY,LINCOLN,NEB ��� ���� � � --
<br /> ASSIGNb2ENT OF RENTS:
<br /> � wHEREAS, The Equitable Building and Loan Association, of Grand Island, Nebraska, has this
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<br /> �` day loaned to the undersigned Alexander Lindemann and Marie Lindemann, husb�.nd and wife, and
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<br /> ' t1�e said Alexander Lindemann and �arie Lindemann nave this day borrowed from the eaid The
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<br /> !j Equitable Building and Loan Association, a corporation, the sum of Seventy-Five Hundred and
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<br /> t� 00/100 (�7,500.00) Dollars, aecure3 by a mort�a.ge by them duly executed and delivered to said
<br /> �; association, upon the follo�ring described prapexty: A tract of land, situa�ed in and being
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<br /> � a part of Lot Number Nine (9) af the County 9ub--Division of the �Pest One-Half of the 9outh-
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<br /> �! West Quarter (W�SV7�) of Section Fifteen (15) , Township Eleven (11) , Range Nine (9) , as same
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<br /> ;; is p�.atted and recorded and paxticularly described as fol].ows;- Commencing on the 9outh
<br /> �; boundary line of said Lot Nine (9) , Thirty-Three (33) feet Eaet af the South-West corner of
<br /> � said lot and where the East line of Locust Street intersects eaid 8outh bounda.ry line, thence
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<br /> running East along said �outh boundary line of said lot Nine {9) , One Hundred Twenty-Seven
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<br /> ;� ( 127) feet ,thence North ,para11e1 with the West bounda.ry line of said Lot Nine (9) ,Sixty (60)
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<br /> 'j feet ,thenee 1�est para11e1 with the S�uth boundary line thereof,4ne Hundred Twenty-Seven
<br /> �� (12 feet thence 3outh alon the Eaet boundar line of eaid L cust Street in said Ci.t of
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<br /> i. Gra.nd Island,and Thirty-Three (33) feet East of the West boundary line of said Lot Nine (9) ,
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<br /> � for Sixty (60) feet to the_ place of beginning and comprising a rect2�ngular piece of ground
<br /> in the South-West part of said Lot Nine (q Siat feet b One Hundred Tw�nt -Seven (12 feet
<br /> �� ) , Y Y Y 7)
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<br /> '� in dimension faving on Locust Street in said Oity of Grand Island,Nebraska,
<br /> ;I AND,VYHEREAS,in order to procure said loan the _undersigned,Alexander Lindemann and Marie
<br /> �� Lindemann have a reed to aesi the r ents and
<br /> �j g gn profits from the above described property for
<br /> I` period of Five (5) years,a� mmencing v�ith this da'�e ,as additional security for aaid loan;
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<br /> � NOW,THEREFORE,In consideration of said loan,we hereby assign ,transfer and set over all
<br /> I� the ren�s and profits on said premises during said p�riod of Fiive (5) years,00 mmencing with
<br /> this d ate to VY.B.H�lbert ,in trust for the use and benefit of the said,The Equitable Building
<br /> � and Loan Association,of Grand Tsland,Nebraska,a corporation,and he is hereby made ,constitute
<br /> and appointed our agent ,for the purpose of renting and collecting the renta fro m said propert
<br /> during said period,and he is hereby authorized to act for us,and each of us ,in all partieular
<br /> and respecte whatsoever in connection with,or in relation to the renti.n� and leasing of eaid
<br /> premises to such person or peraons,and for such prices ,and upon such terme as he may think b �.;
<br /> an� he ia hereby �iven fuli, autnority and power to act for us in all respects concerning
<br /> the same as fully and to the eame exten� as we ,or either of us ,could do ,and he is authorized
<br /> and empowered to pay to the said association a11 moneys arising from the rental of said pro-
<br /> • perty during eaid period as fas� as he may receive the same ,to be applied upon the payment �
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<br /> of our said mortgage to said association,after reserving for himself a fair compensation for
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<br /> his services in conneotion therewith as said trustee.
<br /> IN THE EVENT. �hat the said agent and trustee should refuse ,ox become incapac itated to
<br /> ac� in the capacity aforESaid ,then in sueh case,wer hereby authorize said Building and Loan
<br />�� Association to select some one to act in his place ,as a substitute ,during said period,and
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<br /> � all the powers and authority herein granted to our said trustee are to be exercised by said
<br /> I substitute.
<br /> � IN WITNESS �PHEREOF��e have hereunto attached our aignatures tilis llth day of December,
<br /> 1926,at Grand Island,Nebraska.
<br /> Witness; Alexander Lindemann
<br /> Florence V.Myers Marie Lindemann
<br /> I ,the above named trustee ,hereby accept said trust this llth day of December ,1926.
<br /> _=V�itness�� __- - - - ___�
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