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��� <br /> �� ������ 1�1 �� '�.J �7 ��� ��� JL <br /> 17604—The Augustine Co., County 3uppHea, Grand Island, Nebr. . <br /> ASSIGNMENT OF RENTS„ <br /> KNO�a ALL MEN BY THESE PRESENTS: Frank L. �pencer and �atherine B. �pencer, each in their� <br /> oUSn ri�ht, �nd as Husband and Wife, of the County of Hall, �tate of Nebraska, for .and in <br /> consideration of tne sum of �1100.00 -- Eleven Hundred and No/100 Dollars, as a loan in <br /> hand paid to tnem by The Ec�uit;a.ble Buildin� al�d Loan �4ssociation, of Grand Island, �ebrasl�a, <br /> � a corporation, and other good and valua.ble considerations, the receipt whereof is hereby ', <br /> acknowledged, do hereby assign, transPer and se'� over to said Association, as collateral <br /> � s�curity for the duration of the loan, all the rents, incom�, and profits accruing u�on , <br /> the following described property, situated in the County of Hall, state of Nebraska, to-wit : <br /> � All of Lot Three �3) , in Block Four �4) in the �riginal �'own, now City of Grand Island, <br /> . ` Nebraska, as surveyed, platted and recorded. , <br /> , And we hereby autnorize and empower The Equi�able Building and Loan �ssociation, of ! <br /> � (�rand Island, I'�ebrask�., its authorized agents and attorneys, to act for us and rent the <br /> ' above described pr�mises, and in our place collect and receipt for said rent, at such <br /> � prices and upon such t�rms as it may see fit. f'� is further expressly stipulated that, <br /> � � <br /> �� if the assignors, or their succeasors, occupy said premises during th� �xistence of said <br /> . <br /> . loan, the Assign�e shall have �ne same rights of forfeiture, e,�ectment for forcibl� entry <br /> � and deta.iner, as such assignee might have against any other '�enant, who has no interest <br /> or �itle in and to saia ;�remises. The '�emporary waiver of the eollecti.on of t�ie rents <br /> ' al1 not be coristrued as constitu'�ing a relinquishment of tne ri�hts granted hereunder, <br /> wnich rights may be exercised at any time during the existence of' tne above mention�d <br /> �- <br /> �' mortgage ar extension thereof. <br /> � � This �ssignment of rent being made for the express purpose of' ri�.ving said revenue <br /> `�'� applied to the re�ayment of' the above mentioned loan. <br /> � o� � <br /> o �,,, Said Association may, in its discretion, use the rents so far as it m�.y deem necessary, <br /> .. <br /> � for the burpose of making such repairs upon th� premises as, in its ,�udgment, may be <br /> � � - <br />� � . <br /> � prober and ma,� use said rents so fa.r as necessary for the payment of insurance premiums <br /> ��' and taxes ubon said premises. I'� �h�.11 also have autnority to deduct Prom said rents <br /> � � .. <br /> � � <br /> � f�ir com�ensation, to be payabl.e to said Association 's Agents, for services rend�red in <br /> . � <br /> _ the collection of said rents; the �alanee to be ap�.�lied upon the payment of monthly install- <br /> � ments u��on said loan. <br /> vated at Grand Island, Nebr. this �th day of Nov. 1940 : <br /> �o Witness : Frank L. Spencer � <br /> � Florence V.Myers HER <br /> Witness to Mark: Florence V.Myers Catherine B. X Spencer <br /> .o <br /> �j MARK <br /> �� � � �State of' 1�'ebraska ) On this �th day of Nov. 19�+0, before me, the undersigned, a, <br /> � ) ss: <br /> Hall County ) Notary Public, in �nd. for said County, Personally came Frank <br /> L, Sp�ncer arzd Catherine B. �pencer, .each in their own right, and as Husband and Wife, who <br /> are personally known to me t� be tne idPntical persons whose names are �affixed to the <br /> above instrument as grantors, and they have acknowledged tne same to be tYieir volunta.ry <br /> act and deed. <br /> Witness my Yianr� �.nd Not�rial seal the d�.te aforesaid. <br /> Florence V.My�rs <br /> (SEAL) " ' Notary Public <br /> My Commission expires August 27, �-9�-3• <br /> Filed for record this 13th d�.y of November, 19�-0, at 11: 30 0 ' clock A.M������ <br /> egister of eed <br /> o_o-�_��-o-a-o-o-o-o-o-o-o-o-o-��o-o-o-o-�-o-o-o-o-o-o_o-a-o-o-o_o-�-o-o-o-o-o_o-o-o-o-o-o.� <br /> � <br /> , I <br />