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<br /> � �IS�HB�-STATE JOURNAL COMPANY,LiNCOLN,NEB --' .__
<br /> ASSIG�MENT OF RENTS
<br /> KNQ�Y ALL P�EN BY THESE PRESEN23:That we,the undersigned Frank E.Glines of Lucae County
<br /> State of Iowa for �.nd in consideration of Fifty-two Hundred Fifty and no/100 (�5250.00)
<br /> Dollars ,ta us ae a loan in hand paid by the UNION LOAN�AND SAVINaB A�SOCIATION,of the Oity
<br /> of Lincoln,Lancaster County,State of Nebraska,and other good and valuable consideration ,the
<br /> ireceipt whereof is hereby acknowled;ged,do hereby assign ,transfer,and set over to the UNIO�?
<br /> LOAN AND SAVIt1G� ASSOCrA TION ,as collateral security for said loan ,for so long as said loan
<br /> .
<br /> or any part thereof remains unpaid ,the r ents and revenue accruing for the period of the dur-
<br /> ation of the loan above mentioned,upon the following described property situated in County
<br /> of Hall ,State of Nebr«.ska,to--wit: Lot nE" of Jones� Subdivision located on Loti$ 2,3 & �,
<br /> Block Seven ( �) ,�iebe� s Addition to �he City of Grand Island,Nebr.
<br /> . And we hereby authorize and empower the UbTION LOAN AND SAVIN(�S ASSOCIATION,its authorized
<br /> agents and attorneys to act for u�and rent the above described pr�mises or any part thereof,
<br /> a.nd in our place collect and receipt for said rent ,either monthly,quarterly or yearly,as
<br /> they may see fi� ,and in de�a,ult of the payment of said rent or a ny part thereof to proceed
<br /> in its own name by suit or su��ts at 1a� for the recovery thereof in such manner as it shall
<br /> deem fit.
<br /> Tnis assign�ent of rent is being made for the express purpose of having the rent a> lleated
<br /> hereunder applied to payments of principal,interest ana fines on t he loan of �5250.00 above
<br /> described,as agreed by ua to be paid in the bond executed by us to eaid Associa�ion in the
<br /> sum of �j250.00 and the real estate mortgage on the property above deseribed securin$ said
<br /> box�d.
<br /> Said Association may,in its discretinn,use the rents so far as necessary for t he purpose
<br /> of making such repairs upon the premises as,in its judgrre nt ,may be proper and may use said
<br /> rents so far as necessary for tbe payment of insurance premiume a,nd taxes upon said premises,
<br />, or any other payment� to be made by us under the terms of the bond and mortgage above men-
<br /> tianed,the balance to be applied upon the payment of monthly dues ,interest and fines on said
<br /> certificate a.nd loan.
<br /> This assi�na�ent and transfer of rents an d revenue to be absolute to the extent of the
<br /> total of the paynente above mentioned from and a�ter this date.
<br />. ��,�r
<br /> Dated this 16th day of January A.D.192�.
<br /> Ritnesses;
<br /> J.W.Kridelbaugh Frank E.Glines
<br /> State of Iowa
<br /> ss.
<br /> Lucae County On this 16th day of January A.D.192� ,before me ,the subscriber,a DTotary
<br /> Public ,duly commissioned and qualified for and res�.ding in said Qounty of Lucas personally
<br /> appeared Frank E.Glines to me knawn to be the identiaal person described in and who executed
<br /> the foregoing inatxument as grantor and he severally ackno�ledged the said instrument to be
<br /> hie voluntary act and deed.
<br /> IN tiYITNESS �fPHEREOF,I have hereunto set my hand and Notarial 8ea1 at Chanton in sa� d County
<br /> the day and year last above writtal .
<br /> (SEAL) J.�'.Krid.�lbaugh
<br /> Notary Public.
<br /> My commission expiree July �+th,1930
<br /> � Filed for record this 20 day of February 192� ,at �;30 o� clock A.M. �
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