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<br /> �1[ISC�I,�AI��O�JS ��CO�� ']C
<br /> 17b04—'P1�e Augustine Co., County 8uppliea, Grand Island, Nebt.
<br /> ASSIGNMENT OF RENTS - ,
<br /> KNOW ALL MEN BY THESE PRESENTS: George Liebsack, a Widower, of the County of Hall, '
<br /> State of Nebraska, for and in consideration of the sum of Six Hundred and No/100 Dollars,
<br /> as a loan in hand paid to him by The Equitable Bu3lding and Loan Association, of Grand
<br /> Island, Nebras�a, a corporation, and other good and valuable considerations, the receipt
<br /> where-oY is hereby acknowledged, do hereby assign, transfer and se� over to said Asso-
<br /> ciation, as collateral security for the duration of the loan, all the rents, income, and '
<br /> profits accruing upon the following described property, situated in the County of Hall, �
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<br /> � State of Nebr�ska, to-wit:
<br /> Lot Number One (1) in Block Number Ninety-Four (9�) , in the Original Town, now city, of '
<br /> Grand Island, Nebraska, also Lot Number One �1) in Blo.ck One Hundred Forty-Five (1�5) , in!,
<br /> Union Pacific riailway Company' s Second Addition to Grand Island, Nebraska, and Lot Number� ,.
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<br /> � Five ( 5) , in Block Number Five (5) , in "Koehler Place, p an Addition in the City of Grand '
<br /> Island, Nebraska, all said lots as surveyed, platted and recorded. �
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<br /> And- I hereby authorize and empower The Equitable auilding and Loan Association, of ,
<br /> I Grand Island, Nebraska, its authorized agents and attorneys, to act Por me and rent the ;
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<br /> above described premises, and in my p1acG collect and receipt for said rent, at such pricles
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<br /> ' � � and upon such terms as it may s?e Pit. It is further expressly atipulated that, if the 1
<br /> � � assi nors or their successors, occupy �aid premises during the existence of said loan, °
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<br /> � the Assignee shall have the same ri�hts of forPeiture, e�ectment for forcible entry and
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<br /> � detainer, as such assignee might have against any other tena.�t, who has no interest or
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<br /> title in and to said premises. The temporary waiv�r oP the collection of the rex�ts shall'
<br /> ° ot be construed as constituting a relinquishment of the ri�h'�s granted hereunder, which °
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<br /> � rights may be exercised at any time during .the existence of the above mentioned mortgage �
<br /> �n^ or extension thereof. i
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<br /> � � This assignment of rent being made for the express purpose oP having said revenue ;
<br /> '� `�r �� lied to the re a ment of the above mentioned loan.
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<br /> � Said Association may, in its diacretion, use the rents so far as. it may deem necessa.�y,
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<br /> � for the purpose of making such repairs upon the premises as, in its ,�udgment, may be propier .
<br /> and may use said rents so far as necessary for the payment of insurance premiums and taxe�s
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<br /> uz�on said premises. It shall also have authority to deduct from said rents a Yair .compen�-
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<br /> sation, to be payable to said Association' s� Agents, for services rendered in the collectiion
<br /> of said rents; the balance to be applied upon the payment of monthly installments upon sa;id
<br /> � � loan. � � ��
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<br /> , �� Dated at Grand Island, Nebr. this 16th day of May, 19�-0.
<br /> � Witness :
<br /> � �D Erwin J.Kokrda �eo. Liebsack
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<br /> � State of Nebraska ) On this 16th day of May, 1940, before me, the undersigned, a �
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<br /> Hall County ) Notary Public, in And for s�id County, Personally came (�eorge j
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<br /> � Liebsack, a Widower, who is personally known to me to be the identical person whose name
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<br /> �`� is affixed to the above instrument as grantor, and he has acknowledged the same to be ;
<br /> ' his voluntary act and deed. � �
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<br /> . � Witness my hand and Notarial �seal the date aforesaid.
<br /> Erwin J.Kokrda. ;
<br /> 'C� (SEAL) Notary Public
<br /> My Cammiasion expires September 15, 19�2.
<br /> ' � Filed for record this 16th day of May, 1940, at �-:30 0 �clock P.M. /�j���i�/"� !
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