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<br /> I�iSC�I,�A,�T�O�JS �.�ECOR� �
<br /> 17b04—The AugusUne Co., County 8uppliea, Grand Island, Nebr.
<br /> ASSIGNMENT OF RENT�., '
<br /> � KNOW ALL MEN BY THESE PRESENTS: Clara Schaumann, a single woman, of the County of Hall,
<br /> Sta.te of Nebraska, for and in consideration of the sum of Three Thousand and No1100 Dol- '
<br /> �' lars, as a loan in hand paid to her by The Equitable Building and Loan Association, of
<br /> Grand Island, Nebraska, a corporation, and other good and valuable considerations, the re�
<br /> . ;
<br /> y' vi ceipt whereof if hereby acknowledged, do hereby assign, transfer and set over to said
<br /> � � A iation as collateral. securit Por the duration of the 1oan, all the rents, income,
<br /> � ssoc , Y
<br /> � � and profits accruing upon the following deacribed property, situated in the County of Hall,
<br /> State of Nebraska, to-wit:
<br /> Lot Three (3) , in Block Ninety-three (93), in tne Original To��rn, now City of Grand Island,
<br /> � Nebraska, as the s�me is surveyed, platted and recorded.
<br /> � � :
<br /> � And I hereby authorize and empower The Eo�uitable Building and Loan Aasociation, of Grand
<br /> � � Island Nebras�a its authorized agents and attorneys, to act for me and rent the above
<br /> � , �
<br /> �� described premises, and in my place eollect and receipt for sa.id rent, at such prices and
<br /> ��� upon such terms as it may see fit. It is further expressly stipulated that, if the assignors
<br /> or their successors, occupy said premises during tne existence of said loan, the Assi�nee
<br /> sh�ll h�ve the same rights of forfeiture, e,jectment for forcible entry and detainer, as
<br /> � such assignee might have a.gainst any other tenant, who h�,s no Sn��rest or title in and to�.
<br /> �� said �remises. The temporary wa.iver of tne collection of the rents shall not be construed
<br /> , � �
<br /> �. � as constituting a relinquishment oP the rights gra.nted hereunder, which rlghts may be ex-
<br /> � �� ercised at any time durino the exist��lce of the above mentioned mortgage or extension
<br /> a thereof.
<br /> �� or .
<br /> This assignraent of rent being made for tne express purpose oP having said revenue applied
<br /> � to the repayment of the above mentioned loan. �
<br /> Said Association m�.y, in its discretion, use the rents so gar as it may deem necessary,
<br /> for the uurpose of m�kin� such repairs unon the premises as, in its ,judgment, may be pro�er
<br /> and may use said rents so far ag neeessary for the pa.yment of insurance premiums and ta,xe;s
<br /> upon said premises. It shall also have authority to deduct from said rents a fair eompen'-
<br /> sation, to be payable to said Association's Agents, for services rendered in the colleetipn �
<br /> of said rents; the balance to be ap�lied uUOn the payment of. monthly installments u�on '
<br /> said loan.
<br /> Dated at Grand Island this 6th day of May, 1940.
<br /> Witness : Clara Schaumann
<br /> Florence V.Myers
<br /> State of Nebraska ) On tY;�s 6th aay of May, 1940, bePore me, the undersigned, a '
<br /> ) ss
<br /> Hall County ) Notary Public, in and for said County, Person�lly came Clara '
<br /> Schaumann, a single .woman, who is personally known to me to be the identical person whose
<br /> name is affixed to the above. instrument as grantor, and she acknowled�ed the same to be
<br /> her voluntary act and deed.
<br /> Witness my hana 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 22 day of May, 1940, at 9:00 0 �clock A.M. �/,7J���� C-/J��
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<br /> egister of eeds'
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