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<br /> 17604—The Auguatine Co., County Suppliea, Grand Island, Nebn. I
<br /> ASSIGIVI��EN�.0 OF HEN�I'S � _
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<br /> KNC)W ALL �iEN BY `1'�{ESE P��ENTS: Alice N.Farmer ar�d Elmer R.F"armer, �'fife and Husband, oP the
<br /> `J• 'l° Count,y o� Hr�ll, State of Nebraska, for arld in considel�ation of the sum of Three Hundred anid •
<br /> � �� no/ZUO D�llars, as a loan in hand paid to Alice NI.Farmer, by The Equitable Buildin� €�,nd
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<br /> Loan Association, of Grand Isl�.nd, Nebraska, a corporation, and other good and valu�.ble
<br /> coneidex�at3oris, the receipt w�lereof is hereb,y acknowledged, do hereby assign, tr�.n�fer and
<br /> � �et over to s�.�id Asaociation, as collateral s�curity for the duration of the loan, all the
<br /> � • rents, income, and profit� accruing upon the following described property, situated in the ��
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<br /> � County of Hall, St�.te of Nebraska, to-wit :
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<br /> � � Lot Six ( 6) Block C�ne t1undrPd Tv,�enty-seven (I27) , in Union Paeif ic Railv�ay Company ' s
<br /> � � Second Adc�1tion to the City of Grand Isl�,nd,Nebraska, as surveyed, platted and recorded.
<br /> , �And V"P.� her�by authox�ize and emporver The Equitable Buildin�; and Loan Association, of
<br /> Grand IsJ_�nd,Nebraska, its authorized agents and attorneys, to act for ut� and rent the
<br /> � above deficribed premisPS, and in our place collect and receipt for said rent, at such prices
<br /> �' d upon such terma as it m�,y see fit. It i� Purther expres4ly atipulated that, if the
<br /> � aesi�nors, or their suceessors, oecu�y said premiGes during � the existence of said loan,
<br /> � the Assignee sh�.l1. have the same r3.�;hts o�' forPeiture, e�ectment Por forcible entry and
<br /> �� eta�.°ner, as such assi�;nee mi�;ht have again�t any other tenant, who has no interest
<br /> � �
<br /> or tit;le in and ta s�.id premiaec. 2'he tempor�ary waiver of the collection of the rents
<br /> shall not be c�natrued aa conatltuting a relinquishment of the rights granted hereunder, l.
<br /> which ri�hts may be exercised at any time during the existence of trle �.bove mentioned '
<br /> mortgage or extension thereoP. � - .
<br /> � � This asGignment of rent being made for the express purpose oP having $aid revenue applied
<br /> � oa
<br /> to the rep�.ymPnt of the above mentioned 1 n.
<br /> � Said Association m�xy, in its discretion, use the rents so far as it m�.y deem necessary, for
<br /> . � the purpoce of makir� such rf;pairs upon the premises as, in its �ud�ment, may be proper
<br /> � and m�.y uGe s�.id rPnts so far as necessary for the payment oP insurance premiums and taxes
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<br /> upon said premises. It ahall also h�.ve authorit;y to deduct from said rents a fair com-
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<br /> pensatlon, to be payable to �aid Association' s Agent;s, for s�rvices rendered in thP collect-
<br /> ion of said rents; thP balance to be applied upon the payment of monthly installments
<br /> upon said laan.
<br /> � D�t�d at Grand Is7.and,ATebr. this 5 d�zy of January, 1940. . �
<br /> �' Witness :
<br /> �"` Florenr,e V.�iCyers Alice M.Farmer
<br /> �lmer A.F€�rmer
<br /> 5tate of Nebrr�ska ) Un this 5 day oP January, i94o, bePore me, the underai�ned, a
<br /> �88 .
<br /> Ha]_1 Gounty ) Notary Public, in and for said County, Personally came Alice �.
<br /> Farmer and Elmer R.F�,r�er, Wife and Husbana, who are personally known to me to be the
<br /> id�ntical persons whose names are aPfixed to the above instrument as grantor, and they
<br /> ackrlowledged the same to be their voluntary act and deed.
<br /> '�itne�� my h�.nd and Rlotarial seal the date aforesaid.
<br /> Florence V.�Iyers
<br /> ( SEAL) Notary Public �
<br /> My Co�mission expire� Au�;ust 27, �943.
<br /> Filed Por record this � day of Janus�ry, 19�, at 1 :15 o ' clock P.M. ��(���
<br /> �P'
<br /> Register of Dee'c�s
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