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<br /> 1vIISC�LLAN�OUS -RECORD V �
<br /> 290E6-7N[AUOUlTINECO.CRANDIELIIND,N68R. h . . .
<br /> ASSIGNMENT OF RE�TTS AND POWER OF AmTORNEY
<br /> THE UNDERSIGNED, Josef Harold Linder and Catherine A. Linder, husband and wife, and
<br /> each in his and her own right, as MORTGAGORS, have executed a mortgage to THE OHIO NATIONAL
<br /> LIFE INSURAI�TC� COMPA�'Y of Cincinnati, Ohio, as M(�RTGAGEE, as part of the security for a
<br /> mortgage loan, upon the Pollowing described propPrty situated in HALL COUNTY, STATE OF
<br /> NEBRASKA.
<br /> Lot On n
<br /> e (1) � d Easterly Five � 5) fPet of Lot Two �2) in Block �'hirty-three (33) , in the
<br /> original town, now City of Grand Island, Nebraska
<br /> AS PART OF T�-�E CONSIDERATION Por the making of such mortgage loan, and as additional
<br /> seeurity therefor, said Mortgagors further grant to said Mortgagee, while such mortgage shall
<br /> remain in force, the possession of the above described premises, and assign to said
<br /> Mortgagee, during the term of the mortgage, all the rents, issues and profits there�rom. �
<br /> SAID I�ZORTGAGORS hereby further constitute THE OPIIO NATIONAL LIFE INSUR.ANCE COMPANY, or
<br /> such �.gent or employee of said Company as it may designate as their Attorney in Fact, to take
<br /> possession of said premises a.t any time, to collect the rents, issues and profits therefrom,
<br /> and to lease the same in the name of the Mortgagors, and to m�,ke application of the ne'�
<br /> proceeds, after payment of the reasonable expenses of leasing and of collection, to the
<br /> payment of taxes, insurance necessary repairs, interest or principal as said Mortgagee may � �
<br /> see fit. This Power of Attorney ahall be irrevocable by the Mortgagors until said i�ortgage �
<br /> loan shall have been paid in full, and the powers granted hereunder may be exercised by the
<br /> Mortgagee, or its designated agent or employee, at any time that default shall have occurred �
<br /> in the payment of taxes, insurance, interest or principal, or in the �erformance of any other �
<br /> covenant of said �Iort�age. The Mortgagee shall not be obliged to exercise the powers �
<br /> granted hereunder unless it so elects, nor shall the exercise thereof interfere in any way "
<br /> with t�e rights of collection or of foreclosure granted under the terms of the_ mortgage, �
<br /> and any rights existing under this instrument and under the mortgage may be exercised � �°
<br /> concurrently, or they may be exercised independently and without pre.�udice to each other. ��
<br /> �
<br /> EXECUTED 1'HIS 25th day o� November, 1947. Jose� Harold Linder �
<br /> Catherine A. Linder �
<br /> ti�JITNESS:
<br /> STATE OF NEBRASKA) On this 29th day of November, 19�7, before me the undersigned
<br /> SS Notary Public in and for said County personally appeared
<br /> COUNTY OF HALL � Josef Harold Linder and Catherine A. Linder, husband and wif e,
<br /> known to me to be the identical persons who are described in and
<br /> who executed tne foregoing instrument as Grantors a.nd acknowledged that said instrument was
<br /> executed as the voluntary a.et and deed oP each of them.
<br /> Witness my hand and official seal the d�.y and yea.r last abone taritten.
<br /> C. T. Flower
<br /> (SEAL) Notary Public.
<br /> My commission expires September 9th, 19�+9. ����� (�,L��� '
<br /> Filed for record the 2 day of December, 19�+7 at 2:30 o 'clock P.M. ,� �
<br /> egister of eeds.
<br /> o-oro-a-o-o-o-o-o-o-o-o-a-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-oro-o-o-o-o-o-o-o-o
<br /> RENTAL A�REEMENT
<br /> In consideration of a loan oP �40C�0.00 made by the Occidental Building and Loan
<br /> Association, I or we, the undersigned, George S. McCormic� and Julianne M. McCormick, �
<br /> husband and wife, of the County of Hall, Nebraska, hereby grant and convey to said
<br /> � . Association full poT�er and authority to collect the rentals from tne premises hereinafter �
<br /> deseribed, or any part thereof, in such manner as said Association and its authorized agents
<br /> may deem best, and in default of the payment of said re�t, or any part thereof, to
<br /> proceed in the na,me of the owners of said premises, to recover said rent in such manner aa
<br /> said Association may deem best; to commence ancl �rosecute actions to recover possession �
<br /> of said premises in the name� of and 2_t the expense of the ot�mers thereoP and to ?�rocure
<br /> new tenants and make leases in the name of said owners. As additional collateral security �
<br /> for the payment of said loan, Taith interest as agreed in t�ie note and mortgage given in
<br /> connection T��ith said loa.n, the undersigned furtiier assign, transfer and set over to sa.id �
<br /> Association the net proceeds arising from the rentals from the following described premises
<br /> situate in the County of Hall ancl State of Nebraska, to-wit:
<br /> Part of Lot Seventeen�l7) of Home Subdivision of that p�rt of tne Northweat Quarter (NW�) �
<br /> of Section T�ine �9) , in Township Eleven (11) North, Range Nine (9) , Z�Test of the 6th P.M. , N
<br /> which lies tiJest of Wheeler Avenue, more particularly described as follows: Commeneing at
<br /> a point One Hundred F3fty-eight (1�) feet North of the Southwest corner of said Lot 17i �
<br /> running thence East �ar�llel Taith the South boundary line of said Lot 17, for a distanc�
<br /> of One Hundred Thirty-two (132) f eet; running thence North parallel w1.th the Tj�Test boundary
<br /> line of said Lot 17 for a distance of Fifty-two � 52) Peet� and eight (�) inches; running
<br /> thence Tdest paral_lel jrrith the South boundary line of s�id Lot 17 for a distance of One �
<br /> Hundred 'I'hirty-tT,ao (132) feet to the West boundary line of said Lot 17; running thence �
<br /> South along and upon the zaest boundary line of said Lot 17 for a distance of Fifty-two
<br /> - (52) feet and eight (�) inches, to the place of beginning, as surveyed, platted and recorded,
<br /> being �, rectangular traet of ground having a West frontage of Fifty-t�,ro �52) feet and eight (�) ' _ :e
<br /> inches and a depth of One Hundred Thirty-two (132) Pest,
<br /> �aid Association may, in its discret3:on, use the rents so far as it deems necessary for the
<br /> purpose of making repairs upon the premises and for the paym�nt of insurance premiums, taxes
<br /> and assessments u�on said premises, but said Associa.tion shall in no case be liable for the
<br /> filure to �rocure tenants, to collect rents, or to prosecute actions to recover posses�ion
<br /> of said premises.
<br /> �his agreement shall not be terminated ?aithout the written cor�sent of said Association, and
<br /> shall be binding upon the undersigned and upon tn.e heirs, representatives, successors and
<br /> assigns of the .undersigned.
<br /> Dated this 26th day of Y`�ovember, 19�+7 George S. McCormick
<br /> Witness. Julianne I�. McC�,r:��.�k
<br />
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