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<br /> l�J�.� ����.�L7► 1\ �� '�J � ��� ��� �
<br /> 17604—The Augustine Co., County Supplies, Grand Island, Nebr. � � �
<br /> ASaIGNMFP�T OF RENTS r�
<br /> KNO�,V ALL NZEN flY THE5E PRESENTS :
<br /> We, Marian J.Arrasmith and William C.Arrasmith, Hazel A.Br�dstreet , Helen A.Sradstreet
<br /> and A.L. �rad.�treet, of Hall County, Nebraska, having heretofor made ap,�l�cation to the
<br /> I Nebr��.ska Loan & Trust Comp�.ny of Grand Isla.rid, Nebras�.a, for a loan on the premises des-
<br /> bribed below, � �nd in con�ideration of the said Trust Company ma.kin� said loan and for
<br /> ot�er �ooc� anc� v�luable conaic�.er. ation, rec�l�t i�rhereof is hereby acknowledg��=d, do herPby
<br /> as�ign and transfer to said Nebraska Loan & Tru���t Compar�y as additiona.l security for said
<br /> loan on the rents, income and profits arising out of the premises described as follows,
<br /> to-ti�rit :
<br /> A11 our ent3.re interests, as they apr e r of record, ir} thP Easterly Forty-four (4�+)
<br /> feet, being the E�.sterly ttao-thirds �2�3) of' Lot Six t6) in Block Fifty-eight (�j�)
<br /> of the Origin�l Town, now City, of arand Island, Nebras�.�a.
<br /> This assi�nment of rents is mad.e for �ize exp .rLss purx�ose of having the income from the
<br /> said p.remises a��lied to the ret�ayment of the above described loan and the interest there-
<br /> ori, delinquent t�xes, and insur�nce prPmiums which may be cnar��ed �.gainGt the above
<br />' premises,
<br /> � Sa.id Comp��;ny may, in its cliscretion, use said rents for �he p�yment of said loan or
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<br /> N tne accrued interest therPon or c�Plinquent t�xes or payment of insur�nce x�remiums as it
<br /> I may d�em' best.
<br /> (� We, he?'eby authorize and ernpower the Nebrask� Loan & Tru�t Cornpany it� Off�.C�y'S� a�ents
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<br /> � or At�orne,,ys to act f'or us in tne collection of the rent from a11 0�' said premises and
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<br /> to rece3.r�t f. or s��.id rent and to agree u7�on the �rices of the rent�l to be p�id, and look
<br /> after tne renting of said premises.
<br /> � �T IS FUR'I'HEI� AGREED That if tl^le undersigned assignors or t�leir successors, occupy
<br /> � said pr. emises durint the exis'�Qnce of said loa.n, the Assignee, s'rla.11 h�.ve the s�me ri�ht�
<br /> of f'or�'eit�.�r=e, e�jectmen'G for forcible entry ar,d detainer a�id such o�her actions as it
<br /> t�Toulc�. ha.ve a;ainst any tenant occupyin� s�ic� premises and h�.vin� no interest therein.
<br /> � The Triast Compariy mt�y h^.vP th? right to waive the collection o.f any p�rt of s�.id rent
<br /> and if' it ��oPs so, it shall not be construed as constituting a �elinquishment of any of
<br /> the r•i�ht� �iven under this assi�nment, but said rights m�.y be exer. cised a.t any time s�.id
<br /> Trust Comx�ar.y deems it advisable to d.o so and s�.i� ri�hts sh�ll contin�ae so lon�; as� the
<br /> mort�age or inter.•est or U.ny part thereof remains a lien a�;ai.nst said p.remises.
<br /> IT I5 FURT�:ER AGREED Tha.t the said Tru:�t Com�any shall not be liable f'or the lcrss of
<br /> the collecti�n of' any rents anc� said Company is on_ly required to use reasonable -dili�;ence
<br /> in collect,<.n� s�.id .rents anc� in the management of s�id property. The Trust Company sh�11
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<br /> ha.ve the ri�ht to c�educt from sa.i�. rents �. fair� and, reasanable compensation, such as
<br /> expense, Cot�rt costs, and collection costs, which are incur.red during the term of this
<br /> assi�;nment �nd after deducting for the services, Court costs a.nd other expenses incurred,
<br /> the bal.ance sha.11 be a.pplied to the payment of the balance due on said loan, or interest,
<br /> or taxes, or insur��rice ?�r. emiums in the m�nner in ?ahich saic3 Trust Com��any sha.11 deem' best.
<br /> This assi�nm�nt sh��ll be irrevocab7_e and sh�ll remain in f'orce until the above �.lescribed
<br /> lo�n anc� interes�, delinquent taxes and insur�rlce premiums tr�ereon sha11 be paic�� and until
<br /> said mort�a.�;e is satisfied in full and relea.sed.
<br /> Dated at Gr�nd lslar�d, this lOth day of Febru�ry, i9�+z.
<br /> ( Helen A. Hradstreet
<br /> WITNEaS: ( A,L.Bradatreet
<br /> Ruth Swa.nson as to - - - - - - - - - - - - - - - - - -� Hazel A.H�r�adstreet
<br /> Ruth F. Beema.n as �o Mari�,n J.Arrasr�ith and M�,rian J.Arrasmith
<br /> William C.Arr. asmith 'William C.Arrasmith
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