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<br /> 17604—The Augustine Co., County BuppHes, Orand Island, Neba . . � �
<br /> �SSIGPI1VqEFdT OF REP��'S � � �
<br /> Ki�O�' A�,L �I� B�' '�HE�� PRESENTS : Hazel Btl.Niehaus and Kenneth R.Niehaus, each in their own
<br /> right, and as �i#'e and husband, of the County of Hall, State oP Nebraska, Por and in con-
<br /> sidera.tion of the �um of Tt�e�tSr-sevell Hunclred and No/I00 Do11arQ, as a loan in hr�nd paid to
<br /> said Gran�ors herein by The Equit�.ble Building and Loan Aasociatiori, of Grand Island, N�r,:
<br /> braska, a, corporation, and other good and valuable considerationa, the receipt whereof is
<br /> hereby ackno�Iedged, do hereby asqign, transfer and set over to $aid As�ociation, as co7.-
<br /> latPral security for the duration of the l.oan, all the rents, income, and proPits accruing
<br /> upon the following described property, $ituated in th� County of Ha].I, State of Nebraska,
<br /> to-e�it :
<br /> AI1 of the Northerl.y �ne-half (N2) of Lot Eight (�) , in Block Two (2) , in wiebe'e Addition
<br /> ta City of Grand Island, Nebraska, as the same is surveyed, platted and recorded
<br /> And wP hereby authorize and �mpower The Equitable �uilding and Loan Association, of Grand
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<br /> Island, Nebraska, its authorized agents and attorneys, to act Por us and rent the above �
<br /> described premises, and in our p2ace collect and receipt for said rent at such prices and
<br /> upon such terms as it may see fit. lt is furthEr �xpressly stipulated that, if the assign-
<br /> ora, or their successors, occupy said premises during the existence oP said loan, the r' . :� �
<br /> Asaignee shall have the same rights oP f orfeiture, ��ectment for forcible �ntry and de- �
<br /> tainer, a� such assi�nee mig;ht have againat any other tenant, who has no interest or title �
<br /> in and to s�.id premiaea. The temporary waiver of the Collection of the rents shall not be �'
<br /> construed as constituting a relinquishment of the rights grant�d hereunder, which rights
<br /> may be exercised at any time during the existence of the above mentioned mortgage or ex-
<br /> tension thereo.f.
<br /> This assignmPnt of rent being made for the expres� purpose of having said revenue applied
<br /> to the repay ment of the above mentioned loan.
<br /> Said AsGociation rz�.y, in it� discretion, use the rents so far as it may deem necessary
<br /> for ths purpose of making such repairs upon the premises as, in its �udgment, may be proper
<br /> and may use said rents so far as necesa�yry for the payment of ir�surance premiuras and tax�s
<br /> upon said premises. It shall also have authority to deduct Prom �aid rents a fair compen-
<br /> sation, to be payable to said Association ' s Agenta for services rendered in the collection
<br /> of said rents; the balance to be applied upon the payment of' monthly installments upon
<br /> eaid. �.oan. . .
<br /> Dated at Grand I�1and, this 26 day of �iay, �939•
<br /> Witness: Hazel �i.Niehaue
<br /> Florence V.�tyers
<br /> Kenneth R.Niehau�
<br /> 3tate of Nebraska ) On this 26 day of BQay, 1.939, before me, the undersigned, a
<br /> )as :
<br /> Hall County ) Notary Public,� in and for said County, Personally came Hazel D�.
<br /> � Niehaus �nd Kenn�th R. Niehaus, each in their own right, and as wife and husband, who are
<br /> per�onally known to me to be the identical per�on� whose names are affixed to the above
<br /> instrumPnt as gr�.ntors, and they aci�nowled�;ed the sa.me to be their voluntary act and de�d.
<br /> Witnesa my hand and Notarial �eal the da'LP af'ores�,id.
<br /> � Florence V.Bdyers
<br /> ( SEAL) Notary Public
<br /> &Ty Commi�sion explr�;s Au�zst 27, 1943. '
<br /> F11ed for record this 25 day of January, 1�40, at �;00 o 'clock P.N.
<br /> U(�=���C��-�-�-�, �
<br /> Register of Deeds
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