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<br /> li�Y� �����Al�l �� �J � ��V ��� �
<br /> 17604—The Auguatine Co., County Supplies, Grand Island, Nebr.
<br /> ASSIGt1�ENT ��' RENTS ��
<br /> KP10�► ALL a�EN BY THESE PR�SENTS; Frank L.Spethman (also known ae Francesco L.Spethman) �
<br /> and Mabel B.Spethman,Husband and Wife oP the County of HaI1,State of Nebraska Por and in
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<br /> consideration of the sum of' �12(700.00 Twe].ve Thousand and No/I00 Dollars aa s Ioan in
<br /> hand paid to them by The Equitable Building and Loan Aasociation,ol' Grand Island,Nebraska, �
<br /> a carporation, and other good and valuable considerations, the receipt whereoP le hereby �
<br /> acknowled�ed,do hereby assi�n, transfer and 8et over to �aid Association,as collateral
<br /> security f'or the duration of the loan,all the rents,income,and profits accruing upon the
<br /> Pollowing de�ecribed property, s3tuated in the County oP Hall, State of Nebraska, to-wit:- �
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<br /> Fract3onal. Lot Four (�+) ,Bl.ock Tv�enty-One (21� of Kernoha.n and Decker'a Addition to the
<br /> City of Grand Is1�nd,NebrQSka,and ita complement,to-�vit:- Fracti�nal Lot Four ��+� ,in
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<br /> BZock Seven (7) in Charles V7asmer's Addition to Grand Is]_and,Nebraska.And also a�l of o
<br /> Lota One,2wo and the East One-HaIP oP Three (1,2 & E�-3) of Block Eighteen {1�) in Baker's
<br /> Addition to the City of t�rt�nd Is1�nd,Nebra�ka;as surveyed,platted and recorded. �
<br /> And we hereby authorize anci empower The Equitable Building and Loan Association,of Grand
<br /> Island,Nebraska, its authorized a�ente and attorneys, to act for us and rent the abave �
<br /> deacribed predises,and in our place collect and receipt for said rent,at auch prices and �
<br /> upon euch terms ae it may see Pit.It is further expresaly atipulated that,iP the assignors,
<br /> or their successors,occupy saici premises during the existence oP eaid loan,the Assignee
<br /> $hall have the same righta oP forPeiture, e3ectment for forcible entry and detainer,as such
<br /> a$e��nee might have against any attier tenant,who has no interest or tlt7.e in and to said
<br /> premises.The temporary waiver oP the collection o2' the rents shall not be const�ed-:-,as ���
<br /> conatituting a relinquishment oP the rights granted hereunder,which rights may be exerc�sed �
<br /> at any time during the existence oP the above r,nentioned mortgage or extens3on thereof. '
<br /> This assi ment o�' rent being made for the express purpose of having aaid revenue applie� � � •
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<br /> to the r�payment of the abovP z�entloned 2oan. � ' �
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<br /> Said Association may, i�t its discretion,use the rents so Par ae it may deem necessary,Por � �
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<br /> the purpose of ma.king such repairs upon the pre�jises as,in ita ,�udgrpent,may be proper and o
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<br /> may u�e said rents so fax as neceesary Por tr�e payment oP in8ur�nce prem3wns and taxes ' �-
<br /> upon said nrer�li8es.tt shall aZso have authority �o deduct from said rents a Pair compen-
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<br /> ' .p
<br /> sation, ta be payaY�le to said Association'e A�ents, for sPrvices rendered in the collection � �,
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<br /> oP said rents; the baJ_ance to be applied u�on the payr�ent of monthly inatallments upon �
<br /> said Ioan.
<br /> Dated at arand IsZ�nd,Nebr.this 5th day o� December 1940. �
<br /> Frsnk L.Spethman �
<br /> Witness: �lab�� B.Spethman � �
<br /> Florence V.�yers �
<br /> State oP Ne�ra�ka ) -_ �
<br /> )SS: On thie 5th day of Decemt�er 1940,before me,the undersigned,
<br /> HaZ1 County ) a
<br /> a Notary Public,in and for said County,Personally came �
<br /> Frank L.Spetfunan (also knoarn as Francesea L.Spethman) and &Iable B.Spet h man,Hua band and WiPe r .
<br /> who are per�onal7.y known to me to be the identical persona whoae na�►es are af�ixed to the � .
<br /> above inatrument as grantors r�nd tkiey ha�e acknowledbed the same to be their voluntary
<br /> act and dPed. �
<br /> Witness my hand and Notarial seal the date aPoresaid. �
<br /> Florence V.Myers ,
<br /> ( SEAL) Notary Public �
<br /> My Cor.imission expires Auguet 27,1943. �
<br /> FiZed fc�r rPCOrd thSs 6 day oY December,19�0,at 2 o'clock P.N;. ����� �j �
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<br /> Register of Deede
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