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<br /> 17604—The Augusrine Co., County 3upplfes, (}rand Island, NebT. � � -
<br /> ASSIGNMENT OF RENTS
<br /> KNOW ALL MEN BY THESE PRESENTS: Elmer Stuart �eth and� Ca.rrie K.N:eth, �ach in their ov�n
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<br /> right, and as husband and wife, of the County of Hall, State of Nebraska, f'or and in con-
<br /> sideration of the sum of Sixteen Hundr�d and No�100 Dollars, as a loan in hand paid to th�m
<br /> � by The Equitable Building and Loan A$sociation, of Grand Island, Nebraska, a corporation, ;
<br /> and other good and valuable considerations, the receipt whereof is hereby a cknowledged, dp
<br /> � hereby assign, transfer and set over to said Aasociation, as collateral security for the '
<br /> � duration of the loan, all the rents, income and profits aecruing upon the following des-
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<br /> eribed pro�erty, situated in the County of Hall, State of �ebraska, to-wit:
<br /> ° Lots Six �6) and Seven �7� , in Hawthorne Place, and �ddition to ithe �ity of Grand Isla.nd, '
<br /> r�, Nebraska, as surveyed, pla�ted and recorded. -
<br /> � (Elmer Stuart Meth, �.ssignee, also being known as Elmer S.Meth. )
<br /> � And we hereby authorize and empower The Equit�ble Building and Loan Association, oP Grand
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<br /> � Island, Nebraska, its authorized agents and attorneys, 'to ac't for us and rent the above
<br /> described premises, and in our �lace collect and receipt for said rent, at such prices
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<br /> and u��on such �erms as it may see::�'�t• It is further expressly stipulated that, if the
<br /> �' assignors, or their successors, oecupy said premises during the existence of said loan,
<br /> the Assignee shall have the same rights of forfeiture, e�ectment Por forcible entry and
<br /> detainer, as such a�signee might have against any other tenant, who has no interest or
<br /> � tit�e in and to said premises. The temporary waiver of the collectlon of the rents shall
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<br /> y � � `� not be construed as constituting a relinquiahmsnt'.of the rights granted hereunder, which '`
<br /> �'� rights m�.y be exercised at any time durin� the existence of the above mentioned mortgage �
<br /> or extension thereof. i ,
<br /> � This assignment of re nt being made for the express purpose of having said revenue applied
<br /> to the repayment of the above mentioned loan.
<br /> � S�id Association may in its discretian, use the rents so far as it may deem necessary, for
<br /> ' the �ur�ose of making such repairs upon the premises as, in its ,judgment, may be proper ar�d
<br /> ay use said rents so far as necessary for the payment of insurance premiums and taxes up�n
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<br /> �� said premises. . It shall also have authority to deduct from said rents a fair comp��satio�,
<br /> • � to be �ayable to said Association�s Agents, for services rendered ln the collection oP sa�.d
<br /> � rents; t'rie b�lance to be applied uuon the payment of monthly installmenta upon said loan.
<br />' � � � Da,ted at Grand Island this I� day of February, 19�-0.
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<br /> , ' Witness: Elmer S.Meth
<br /> � lorence V.Myers Carrie K.Meth
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<br /> ",', State of Nebraska ) On this 14 day of February 19�0, before me, the undersigned, a
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<br /> Hall County ) Notary Public in and for a�id County, Personally came Elmer �.
<br /> Meth and Carrie K.Meth, eaeh in their own right,and:as-�husband and wife, who ape person-
<br /> � ally known to me to be �he ident�cal persons whose names are affixed to the above instru-
<br /> � � ment as grantors, ana they acknowledged the same to be their voluntary act and deed.
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<br /> � . -�� '�Titness my hanc and Notarial seal the date aforesaid.
<br /> � Florence V.Myers
<br /> � - � �sEAL) Notary Public
<br /> My Commission expires August 27, 19�-3•
<br /> Filed for record this 19 day of Februa.ry, 19�0, at 2:20 0 ' clock P.M.�i}/G�G�� ,
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