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<br /> I�II�CEI�I�ANEOUS RECORD V
<br /> 28088-TNEAU6Y371NECO.G9ANDISLAND,NEBR. - � � �
<br /> ASSSGNMENT OF RENTS �
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> We, Florence Amelia Johnson and Henry B. J ohnson, her hueband ef Ha11 County, Nebr-
<br /> aska, having heretof"or made appl�.cation to the N�bragka Loan & Tru�t Company of Grand
<br /> Island, Nebragka, for a loan on the premiseg deseribed below, and in cons3.dera�ion of the
<br /> said Trust Company making eaid loan and f or other good and valuable consideration, receip'�
<br /> whereof is hereby aaknowledge� do hereby aesign and transfer to said Nebraska Loan & Trust
<br /> Company as addltional gecurity f or said loan a11 th� rents, 3.ncome and profit$ arisin� ou�
<br /> of the premis�s deseribed �,s fi'ollow�, to-wit :
<br /> Commeneing at a point Fifty (�0) feet Sou�h and Thirty-three (33 ) feet East of the
<br /> Northweat Corner of the Northwest Quarter of the Northwest q,uarter (NW�NW�) of Section "
<br /> Thirty-f our (3�) , Townshi� Eleven (11� North, Range Ten (l0) , West of the 6th P.M. , and
<br /> running thence South para.11e1 with the Weet Iine of said Northwest Quarter oP Plorthwest
<br /> Quarter �.f said Section Th�.rty-four (34) , �o the Right-�f-Way line of �he Federa3. Highway
<br /> No. 30, rnnning thenoe Northeasterly along the Right-Of-Way line of the �ederal Hi�hway, �
<br /> to the Southw�st eox�ner of a �raet deeded to John J. Kellogg and wiPe, containing .27
<br /> acres and recorded in Book 9�, Page 596 of �he records . of Hall County, Nebraska,, thence
<br /> North paral.lel with �he West lin� of �aid Northwe�t Quarter of Northwes'� Quar'�er of Seativn
<br /> 34, 768.3 feet to a point 50 feet South of the Nor'�h line of said Northwest Quarter of
<br /> Northwest Quarter of said Section 3�; runnin�; thence Wes� parallel .with the North line �f'
<br /> said Northwes'� Q,uarter of Northwest q,uarter oP sa�.d Sec'�ion 3�, 541.6 feet to �he p2ace
<br /> of be�inning, and cor�tain3.ng approxima'�eZy Z1.59 acrea, more or less. Toge�her with a11
<br /> equipment, heating uni.ts, water pumps, and water sys�ems, a1.1 Purniture, furnishin�a and
<br /> �'i�tinga in or on said premis�s hereinabove deseribed f or use ae a tourist camp and
<br /> purposes incidental thereto or used in connection therewith in the operation of eaid
<br /> tourigt camp and 3.n the operation of the Bhamrock Club.
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<br /> qa This assignmen� of rent� 3.s made for the express purpose of havin� the income from
<br /> � the said premises applied to the repaymen� of the -above desaribed loan and the interest
<br /> thereon, d�linquent taxes, and insurance prem�.ums which may be char�ed against �he above
<br /> premises.
<br /> Said Company may, in i�a d3.seretlon, uae said rents for the payment of said loan or
<br /> � the aecrued in�erest thereon or delinquent �axes or payment of inaurance premiums a� 1t
<br /> may deem bes�.
<br /> , We, hereby authorize and empower �he Nebraska Loan & Trust Company, ita officers,
<br /> � agen�s or Attorneys to aet for us in �he collection of' the ren� from all of said premises
<br /> `� and to reeip� f or said ren� and ta agre� upon the prices of the rental to be paid, and
<br /> look after �hE renting of sald pr�mises.
<br /> TT ZS FURTHER AGREED That if the undersi�ned, ass3.gnora or �heir suceeasor�, oceupy
<br /> said premi�es during the existenc� of said loan, the Assignee, �hall ha�re the same r3.ghts
<br /> or forf�iture, e�actmen'� for forcible entry and de�ainer and sueh other aetions as 3.t
<br /> would have a$ainet any tenant occupin�; eaid premi�ea and having no �.nterest therein. The
<br /> Trust Company may have the right to waive the Qollection of any part of said re�� and iP
<br /> it does so, it shall not be construed as constituting a relinquishment of any of the rlghts
<br /> �� given under this assignment, but said rights may be exereised at any time aaid Trust
<br /> Compa,ny deeme it advigable to do so and said rights sha11 continue as long as the mor�ga�e
<br /> or interest or any part thereof remains a lien against sa�.d premises.
<br /> ZT IS FURTHER AGREED That the said Trust Compan.y sha]_1 not be liable f or the loss
<br /> of the collections of any ren�s and said Company 3s only required to use reasona�il.e
<br /> diligence in collec�ing said rents and in the management of said property. The Trust
<br /> Company ahall have '�he right to deduc� from said ren�s a fair and reasonable compensation,
<br /> sueh as Court costs, and collection costs, which are incurred during the term oP this
<br /> assignment and after deducting for the eervicea, Court cos�s and other expenses incurred,
<br /> the balance shall be applied �o �Ghe payment of the ba3anee due on said loan, or interest,
<br /> or �Gaxes, or insurance premiums in the manner in whieh said Truat Company eha11 deem best.
<br /> This a.saignm�nt shal7. be irrevocable and sha11 r�main in force unt�,l the a.bove des-
<br /> cri.bed loan and interes�, del3.nqu�nt �axea �nd inaurance premiums thereon shall be paid
<br /> and until said mor�gage ia satisfied in full and released.
<br /> Dated at Grand Island, thig 2�'�h day of October, 7.9�0.
<br /> WTTNESS t
<br /> Ruth Swanson Florence Amelia Johr�son
<br /> Henry B. Johnson
<br /> STATE OF NEBRASKA )
<br /> )5S On this 2,�th day of Oc�ober, Ig�O before me the undersigned,
<br /> HALL COUNTY ) Ru�h 5wanson, a Notary Public, duly commissioned and qualif ied
<br /> for and residing in eald eounty, personally eame Florence Am�11a
<br /> Johnson and Henry B. Johnson, her husband �o me known to be the ident�eal person5 whose
<br /> names are affixed to the foregoing instrumen� and aeknowled�e_.the same to be th�ir voluntary
<br /> act and deed.
<br /> Witnes� my hand and Notarial Seal the day and year last above wri�ten.
<br /> �SEAL) Ruth Bwanson
<br /> Notary Publie
<br /> My commission expires Auguat 18, 1956
<br /> Filed for record this 25 day of Oatober 1950, at 3;00 oiclock P.M.
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<br /> REGIS�ER OF DEED9 � �
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