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<br /> 17604—The AugusUne Co., County BuppHea, C}rand Island, Nebr. � � �
<br /> ASSIGNMEPIT OF RENTS . `il
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<br /> KNOW ALL I�iEN BY THESE PRESENTS� John C.Wicker and Elizabeth Wicker, each in their own right, �
<br /> and as Husband and Wife of the County of Ha11, State of Nebraska for and in consideration
<br /> oP the sum oP ��OO.00 Eight Hundred and No�100 Dollars as a loan in hand paid to them by �
<br /> The Equitable Buildin� and Loan Association, of Grand Island, Nebraska,a corporation,and
<br /> other good and valuable conaiderationa, the receipt whereaf is hereby acknowledged,do hereb
<br /> assign, tranafer and set over to sa�.d Association ,as collateral security Por the duration `
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<br /> of the loan, all the renta, income, and proYits aceruing upon the following described propert �'
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<br /> situated in the County of Ha.11, State of Nebraska, to-wit : All oP Lot One Hundred Eighty-One
<br /> �1�1) in West Lawn, an Addition to the City of Grand Island, Nebraska,as surveyed,platted a
<br /> recorded. � � -
<br /> And we hereby authorize and empower 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 premises,and in our place collect and receipt Por said rent,at sueh prices and upon such �
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<br /> terms as it may see fit.St is further expressly stipu�.ated that, if the assignors, or their �
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<br /> successors,�occupy said premises during the existence of said loan, the Assignee shall � ,
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<br /> have the same rights of forfeiture, e,�ectment Por forcible entry and detainer, as such assignee �
<br /> might have against any other tenant,who has no interest or title in and to said premises. �
<br /> The temporary waiver oP the collection of the rents shall not be co-nstrued as cons�ituting
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<br /> a relinquishment of the rights granted hereunder,which ri�hta may be exercised at any time � �
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<br /> during the existence of the above mentioned mort�age or extenaion thereof. � �
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<br /> This assignment of rent being made Por the express purpose of having said revenue applied � � � -
<br /> to the repayment of the above mentioned loa.n. =
<br /> Said Association may, in its discretion,use the rents so far as it may deem necessary,Por o
<br /> the purpose of making such repairs upon the premises as, in its �judgment, may be proper and � °
<br /> ma use said rents so far as necessary for the payment oF insurance premiums and taxes �
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<br /> upon said premises.It shall also have authority to deduct from said rents a fair compen- �
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<br /> sation, to be payable to said Association's Agents, for services rendered in the collection �
<br /> of said rente;the balance to be applied upon the payment oP monthly installments upon said
<br /> loan. ''
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<br /> Dated at Grand Island, Nebr. this 20 day of ',December 1940. �, �
<br /> Witness:
<br /> John C.Wicker �
<br /> Florence V.Myere ' Elizabeth Wicker
<br /> State of Nebraska ) '
<br /> ) ss : On this 2p day of December 1940,before me, the undersigned,
<br /> Hall County } '
<br /> a �o'tary �'ublic, in and for said County, Personally came John C.�
<br /> Wicker and Elizabeth Wicker, each in their �own right, and as Huaband and Wife who a,re person-
<br /> ally known to me to be the identical perso�ns whose names are. affixed to the above instrument
<br /> as grantors and they haae acknowledged the same to be their voluntary act and deed.
<br /> Witness my hand and Notarial seal the date aforesaid.
<br /> - Florence V.Myers
<br /> (��,) Notary Pub1iC
<br /> My Commission expires August 27, 1943
<br /> Filed Por record this 21 day of December, 1940,at 11:50 o 'cloek A.M.
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<br /> F�egister of Deeds
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