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<br /> ,._ �TA�'F.IOLEI�ALSOMPANY�L�I�C.SILN.SIEH....'_ ... _____` -_.__ -.- _ .. .
<br /> ASSIGNMENT OF RENTS TO A TRUSTEE
<br /> � '�PHEREAB,The Equitable Building and Loan Association,of Grand �sland,Nebra.ska,has this day
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<br /> �'` loaned to the undersigned Maude E.Olsen and Frank I:OZsen,wife and husband,and the said Maud
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<br /> �o'� E.Olsen and Frank I .Olsen,have this day borrowed fromt he said,The Equitable Building and
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<br /> `! Loan Aasociati on,a corporation,the eum of Thirty-Five Hundred and 0�/I00 (�3 ,500.00) Dollaxs,
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<br /> ' secured by a mortgage by them duly executed and delivered to said association ,upon Lot Numbe
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<br /> ;� , 9iX ( 6) in Block Number Forty-Four (�+�+) in the Original Tor�vn,now City ,of C�rand Island,Nebraek ,
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<br /> ��' as surveyed,platted and recorded,azrl
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<br /> �� WHEREAS,in oxder to procure said loan the undereigned Maude E.Olsen and Frank I .Olsen have�
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<br /> a.greed to assign the rents and profi ts from said Lot Number Sia ( 6) in Block Number �orty-Fo
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<br /> � f (�+�) in the Original Town,now C�ity ,of arand Island,Nebraska,for a period of Ten. (10) yeara,
<br /> � ` commencing with this date,as additional security for said loan; r
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<br /> ;j NO�f,THEREFORE,in consideration of said loan ,we hereby assign ,transfer and set over all the�
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<br />� ,� ;; rents and profits on said premises ,duxing said period of Ten years ,a�m�nencing with this date �
<br /> a `�` to �.B.Hilbert ,in truet for the uae and bene�fit of the said,The Equitable Building and Loan
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<br /> �j Association,of Gra.nd Island,Nebraska,a corporation,and he is hereby made ,aonstituted and appo nted
<br /> � ;! out agent for the pur..pose of renting and col'lecting the rents from said property ,also to make �
<br /> �;� or have made ,such repairs as are necessary to keep the samerin a tenantable eondition duri�g aid
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<br /> period; and he is hereby auti�orized to act for us,and each of us,in all particulars and respe ts
<br /> whatsoever in connection with,or in relation to the renting and leasing of said ptemises to �.
<br /> such persan or persone�,and for sueh prices ,andupon such terma as ,he may, think beat;also to ma e
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<br /> such repairs as he may deem necessary;ana he is hereby given full axthority and power to act
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<br /> � �'; �'or us in all respects concerning the same as fully �.n3 to the same eatent as we or either of
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<br /> �; us could do ,and he is authorized and earpowered to pay to the said a�sociation,after deducting
<br /> ��� � the amount of money spent for repairs,all rnoneys arising from the rental of said property dur
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<br /> �� ing said period as fast as he may receive the same ,to be applied upon the payment of our said
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<br />' ! mortgage to sa,id aesociation,after reserving for hi:nself a fair compensation for his servioes
<br /> in conneetion therewith as said trustee. .
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<br /> �';� IN 2HE EVERTT that the said agent and trustee should refuse ,or become inoapacitated to act
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<br /> � in the capacity aforeeaid,then in auch case, we hereby authori�e said Building and Loan Associ
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<br /> !j tion to seleat some one to act in his plaee ,as a subatit�tte,during said period,and all the �
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<br /> � powers and authority herein granted to our said trustee are to be e�cercised by said substitut� .
<br /> I''� � i( IN �PITNESS WHEREOF�we have hereunto attached our signatures this 5" de.y of August ,1929 ,
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<br /> at Grand �sland,Nebraska. ,
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<br /> � ��! Witness; �daude �.Olsen �
<br />�� � Florence V.�yers P'rank I .Olsen
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<br /> � I ,the above named trustee ,hereby accept said trust ,this 5" day of August ,1929.
<br /> ��' �Pitness:
<br /> '' Flcc enae V.Myers �.B.Hilbert
<br /> E� Trustee
<br /> i; Stat e of Nebraeka ,
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<br /> ,i HaII County. �e it�.��emembered that on this 5" day of Au�u�t ,1929 ,before me ,the un-
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<br /> �I dersigned,a Notary public ,duly commiseioned and qualified for,and residing in said County of
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<br /> '� Hall ,personally appeared Maude E.Olsenand Frank I .41sen,to me known to be the identioal perao a
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<br /> ; who executed the foregoing assignment ,and they acknowledged the same to be their free and vol
<br /> Iuntary act. and deed.
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<br />�I ' 4�itness my nand and Notarial seal at Grand Island,Nebraska,the day Iast above written.
<br /> ( SEAL) Florenee V.�yers
<br /> Notary Public.
<br /> �y commission expires August 27' 1q31 �j
<br /> Filed for record this 5 day of �.ugust 1g29 ,at �+:30 o� clock P.M. �-�;��-� v✓
<br /> .f�.,, egistes o eeds
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