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<br /> 17604—The Auguatine Co., County Suppltes, Grand Island, Nebr. .
<br /> AsslGr?ME�tT o� REr�TS.�,
<br /> KNOYI ALL �tET1 BY THESE PRESENTS : Arnald Bosselman and Rose 1�.Aosselman,each in their own
<br /> right,and as husband and wife, of the County oP HaI1,State of Nebraska Por and in consid-
<br /> eration of the sum of Two Thousand and No/100 Dollars as a Ioan in hand paid to them by
<br /> The Equitable Bul2ding and Loan Association,of Grand Island,Nebraska,a corporation,and
<br /> other good and valuabI.e considerations, the receipt where-of is hereby acknowledged,do hereby
<br /> assign, tranafer and set over to said Aasociation,as callateral security for the duration of
<br /> the Ioan,all the rents, income,and profits accruin� upon the following described property,
<br /> situated in the County oP HAll,�tate oP �ebraska, to-wit:-
<br /> Lot Two ( 2) ,in Block Twelve ( 12) , in Gilbert's 3econd Addition to the City of Grand Island,
<br /> Nebraska,as surve�Ted,platted and recorded.
<br /> And we hereby authorize and empovrer The Equitable Building and Loan Association,oP Grand
<br /> Island,Nebraska, its authorized agents and attorneys,to act For us and rent the above describ-
<br /> ed premiaes and in our �blace collect and receipt for said rent,at such price$ and upon euch
<br /> terms aA it may see fit.It ie further expressly stipulated that, if the asaignors,or their euccese-
<br /> are,oceupy said premises during the existence oP said Ioan, the Assi�nee ehall have the same
<br /> righta of forPeiture, e�ectment Par forcible entry and detainer,as such assignee might have
<br /> against a.ny other tenant,who has no interest or title in and ta eaid premisea.The temporary
<br /> �raiver oP the co]_Iection oP the rents shall not be construed as constituting a relinquish-
<br /> ment of the rights �ranted hersunder,which ri�hts may be exercised at any time during the
<br /> existence of the above mentioned �ort�age or extension thereaf.
<br /> This assignment of rent bef.ng made Por the expre�s purpose of having said revenue applied
<br /> to the repayn�nt of the abave mentioned Ioan.
<br /> Said Asaociation may,in its discretion,use the rents so far as it may deem neceasary,far � � Q
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<br /> the purpose of making such repairs upon the premises as, in its �udgment,may be proper and �� , �;�
<br /> may use said rents �a far as nece�saxy for the payment of inaurance premiums and taxes upan •
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<br /> said premiaea.It ahall alsa ha�ve authority �o deduct Prom said rents a fair compensation, �(� �
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<br /> to be payable to said Associat�on's A�ents, for services rendered in the collection oP said � �4 0 '
<br /> 1'� o,
<br /> rents;the balance to be applied upon the payment oP manthly installments upon said loan. �'
<br /> Dated at C#rand Zsland this I1 day oP �Iarch,Ig40.
<br /> Arnold Bosselman
<br /> Witness: Rose M.Bosselman �
<br /> Florence V.Myers - a�
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<br /> State oP Nebr�,ska ) � �
<br /> )SS: On thls II day of March 1�40,before me, the undersigned,a \ �
<br /> Hall. County ) '�1 � '
<br /> Notary Public,in and Por said County,Persona2ly came Arnold �
<br /> Bosselman and Roee M.Bosselman, each in their own right,and as husband and wife,who are ��
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<br /> personal.ly known to me to be the identical person8 whose names are aPfixed to the above /"°
<br /> instrument as grantors,and they acknowled�ed the same to be their voluntary act and deed. � �
<br /> Witness my hand and Notarial eeal the date aforesaid. � , ;
<br /> Florence V.blyers
<br /> ( SEAL) Notary Public �
<br /> D�Ty Commission exp3res Au�27,19�+3•
<br /> Filed for record this 14 day of �arch,194C?,at 2:45 a 'clock P.1�. �,
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<br /> Register oP Deeds �� � �.
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