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<br /> I�II�CELL��NEOU� �.ECO�.� V
<br /> 28088-TNil1U6UfTINEC0.GR11NDISLIIXD,NEBR. e ' � ' � �
<br /> A�SIGNMENT OF RENTS
<br /> � KNOw ALL MEN BY THESE PRESENTS: That we, the undersigned Irytiri a. 3to11ey and Marilpn A.
<br /> % Stolley,Husband and Wife, each in his and her own ribh.t, of Grand Isl�nd, County of Hall,
<br /> Sta.te of Nebraska, for and in consideration of FOtTR THOUSAND NINE HUNDRE� FIFTY AND NO/100
<br /> � DOLLARS, to us as a loan in hand paid by Union National Life Insurance �ompany of Lincoln,
<br /> � in the County of Lancaster and State of Nebraska; and other good and valuable eonsideration,
<br /> the rece3.p'G whereof is hereby aeYnowledged, do hereby assign, transfer, and aet over to Union
<br /> 7; National. L�.fe Insura.nce Company as collateral security for said loa,n, for so long as said
<br /> lvan or any part thereof remains unpaid, the rents and revenue accruing for the perio� of
<br /> �Ghe duration of th� loan above mentioned, upon the fol�owing described property situated
<br /> in County of Hall �tate of Nebraska to-wit:
<br /> Lot Twelve (12j in B7.ock Three (3j , Meves First Addition to the City of t�rand Ssland,
<br /> ,� Aall County, Nebraska,
<br /> .And we herAby authvrize and empower Union Na.tiona.l Life Insurance Company to act Por us,
<br /> and rent the above described premises or_ any x�art thereof, and in our place eollect and
<br /> rece9.pt f'or said rent, ei�her mon�hl.y, quarterly or yearly, as it may see fit, and in de-
<br /> fault of the payment of said rent or any part thereoP to proceed in its own name by suit
<br /> or suits at law for the recovery thereof in such manner as it sha:tl� deem fit,
<br /> This assign�nt of rent is being made for the express purpose of ha.ving the rent collec'ted
<br /> � hereunder appli�d to paymen'�s of principal, interest and fines on the loan of ��,950.00
<br /> above described, as agreed by us to be paid in �he real estate mort�aga on the property above
<br /> deacribed securing said loan.
<br /> Said Assignee may, in lta disere�ion, use the rents so far as necesaary for the purpo8e
<br /> of ma.king such repaira upon the premises as, in its �ud�;ment, may be proper� and may use said
<br /> rents so fa,r as neeessary' for the payment of irisurance premiums ar�d taxes upon said premises,
<br /> o� or any other payments to be made by us under the terms of the mortgage above mentioned, the
<br /> � ba�.ance t� be applied upon the payment of monthly dues, interest a,nd fines on said certificate
<br /> and loan.
<br /> � This assignment and transfer of rents and revenue to be absolute to the extent of the
<br /> total of the payments above mentioned from and after this date.
<br /> O Dated this 3rd day of September, A.�. 19�F7.
<br /> Witneeses: Irvin a. 3tolley
<br /> � �� H. J. KnickreY�m Marilyn A. . Stolley
<br /> � -
<br /> :3tate of Nebraska )sg� 4n this 3rd da.y of' �eptember, A.D. 19�7, before me, the subacriber
<br /> Hall Coun�y, ) a Notary Publie, duly eorranissioned and qual.ified for and residing
<br /> � in said Coun�y of Ha7.l, personally appeared Irvin G. �tolley and Ma.ril�n A. �tolley, Husband
<br /> and Wife, eaeh in his and her own ri�ht, �o me known to be the ident cal persons described
<br /> ,� in and wrho executed the foregoing ins'�rument as grantor and they ac �rledged the said
<br /> •� instrument to be their voluntary act and deed.
<br /> � IN WITNESS VTHEREOF, I have hereunto set my hand and Notarial Seal at Grand Ialand,
<br /> in said County, the day and year last above wri'�ten.
<br /> H. J. Knickrehm
<br /> (sEAL) Notary Public
<br /> My Comnission expires g�arch 16, 1.95z
<br /> Filed for record thi� �3 da.y of 3eptember, 19�7, at 2 S3Q o�clock P,M.����� �
<br /> � � Register of�-�
<br /> 0-0-U-0-0-0-0-0-0-0-0-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-�-0-0-f7-0-0-0-0-0-0-4-0-0-0-0-0-
<br /> CERTIFICATE
<br /> EXCERP�'S FROM MINUTES OF ��IEETING-�i1EBB LIVES'�OCK COMMISSION COMPANY
<br /> It ��as moved and seconded that the company aeeept the offer of the Lincoln Service and
<br /> Su?�ple Company, Inc. , for the purchase of a certain r�art of Lot 2, in Fractional Section 19, �
<br /> and a certain part of the Northwest Qua.rterof the Southwest Quarter Section 20, as described
<br /> in the Abstr�,et of s�.me cont�.ining approximately 1 �cre, and that tY�e President be ancl he
<br /> her�by is authori7ed to execute a deed of conveyance therefor.
<br /> P�otion Carried. �
<br /> It was moved and seconded tri�t in t'rle event tY18 1 acre lying immediately ad,jacent to
<br /> tne above described t�ro��erty is offered for sale, that the Lincoln Service and Supply Com�any,
<br /> � Inc. , shall have the first opportunity to purchase the same for the sum of �750.00 per acre.
<br /> Motion Carried.
<br /> I hereby certify th�.t the above �.nd f'ore�oing i8 a true and correct co?�y of' tne Minutes
<br /> of the Meeting of the '�Tebb Livestock Commission ComL�.ny on the 7th day of August, 1947, at
<br /> its usual blace of business.
<br /> � ( COFP) WEBB LIVESlOCK COiw1�fISSIOI�I COMPANY
<br /> (SEAL) By Robert L. Lester, Secr tary
<br /> - 4 • � p � .u-�.�..�c �JJ
<br /> Filed for record the � day of September, 19 7 at 3.15 o clock . .
<br /> Register of Deeds.
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