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<br /> 1'YJI� ������ l�l �O V � ��� O�� �
<br /> 17604—The Auguatlne Co., County Suppliea, Grand Island, Nebr. . . � �
<br /> ASSIGR]DQENT OF RENTS��
<br /> KNO�V AL�, MEN BY THESE PRESEIVTS:
<br /> V�e ,�dary ,Axt Johnson a,nd Joseph L.Johnson,wife and husband,af �he County of Hall and 9tate
<br /> of Nebraska�for �,nd in consid�ration of the sum of Thirty Two Hundred and No/100 Dollars
<br /> as a lo in h nd id u b e r
<br /> an a pa to s y N b aska Loan & Trust Company,Grand Island,Nebraska,a
<br /> .
<br /> co orgtion,and o-ther ood and valu ble con ider tion th r ' i - t wh re f i h reb w -
<br /> z'P a s s e E c e e � c k n o
<br /> P; a � s e a 1
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<br /> edg�d,do hereby assign, transfer a�d �et over to said Company as collateral security for the
<br /> duration o�' the 1oan,all the rents,income and profits accruing upon the tollowing described
<br /> property,situated in the County o� Ha11,State of Nebrgskz,towit:
<br /> Lot "B'i of Gi lber t� e �uhdivi sion o f the Northerly Two-thirde (2/3) of Lot s Three (3) end
<br /> Four (4) ,in Block 5eventy-nine ( 79) ,of the Ori�;inal Town,now City,of Grand Island ,Nebrasks.
<br /> �ieing � rectangular tract of �;round hgving a Northerly Frontage of Twenty-two (22) feet on
<br /> 9econd 8treet and a depth of sixty-six feet according to the recorded plat thereof.
<br /> And we hereby authorize and empower th� N�braska Loan & Trust Company,of Grand Ie1Qnd, � ,
<br /> N�braska�our authorized agents and attorneys�to act for us and rent the above described �
<br /> premises and in our place collect and receipt for said rent ,at su�h prices and upon such �
<br /> terms as i� may see� fi�.It is further expressly �tipulated that,if the assignors ,or their ��
<br /> sueceesors,occupy said premises during the existence of said loan,th� assignee shall. have �
<br /> the same rights af forfeiture,ejectment or forcible entry and detainer,as such �,asignee
<br /> mi$ht have a,gainst a,.x�y other tenant ,who has no interest or title in and to eaid premiaes. �,
<br /> V
<br /> The tempora,ry �ra,iver of' the collection of the ren�s shall not be eonstrued as constituting
<br /> a r�linquishment of the ri�hts granted hereunder,which rightsmay be �xercis�d at any time
<br /> during the existence of the above des�ribed mortgage and loan or the extension thereof .
<br /> This assignment of rent being made for the express purpose of havir� said revenue applied
<br /> to the repaymer�t of the al�ove mentioned loan.
<br /> 88id company,may at its dQSCretion,use the renta so far as it may deem necessary,for th� purpose
<br /> . of �igking sueh repairs upon the premises as,in its judgment ,may be proper and may use said
<br /> rents �o far a,s is necessa,ry for the payment of insurance premiums and taxes upon said
<br /> premiseB.It shall also ha,ve �,uthority to deduct from said rents a fair compensation to be
<br /> payable to said company� s agents ,for services rendered in th� collection of said rents;
<br /> the balance to b� applied upon the payment of the loan. .
<br /> DSted at Gra,nd Island,this 29th,day ot' Janua,ry,1940.
<br /> �Pitne�s Maxy Aat Johnson
<br /> Ruth Swanson
<br /> .. .
<br /> Joscph L.Johnson
<br /> 9tate of Nebraska
<br /> � ss . On this 29th.day of January,19�F0,before me,the undersigned
<br /> County of Hall )
<br /> � Ru�h 9waneon,a Notary Public ,duly commissi oned and qualified
<br /> for for and residing in said County,personally came I�axy Axt Johnson and Joseph L.Johnson,
<br /> her husband,to me know_ to be the identical persons whose nalned t�re affixed to the fore�oing
<br /> instrum�nt and acknowledged the same to be their vvluntary act �,nd deed.
<br /> SRitness my hand and No tarial 8ea1 the day and year la,st above wri tten.
<br /> ( S�AL) Ruth Swa�son
<br /> No tar y Pub li c
<br /> My commission expires Au$ 1�,194�-.
<br /> Filed for record this 29 day of January,1940,at 4 o� clock P.M.
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<br /> Reg is t er of' De ed8
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