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V�
<br /> 1�IISCELLANEOUS RECORD W
<br /> ' ' 38289--THEIIVGUSTINECO.GRANDISLIIND.NEBR.
<br /> having no i.nterest therein. '�he Trust Compa.ny may have the right to waive any collection of any part of ��'°�
<br /> sai.d rent and if i.t does so, i� shall not be construed as constituting a relin�uishment of anp of the � �
<br />�� rights given under thi.s assignment, but said rights may be exercised at any time said Trust Company deems `'
<br /> it ad�isable to do so and said right shall continue so long as the mortgage or interest or anp part thereof
<br /> remains a lien against said premises,
<br /> IT IS FURTHER AGREED, that the said Trust Company shall not be liable for the loss of the collection i : '.
<br /> of anp ren�s and said Company is only required to use reasonable diliger.ce in collecting said rents� The i
<br /> Trust Company shall have the right to dec�uct from sai.d rents a fair and reasonable compensation such as ,
<br /> expense, Court costs, and collection costs, which are incurred during the term of this assignment and after
<br /> ; deducting for �he services, Court costs, and other expense incurred, the balance shall be applied to the
<br /> payment of the balance due mn the loan, or interest, or taaces, or insurance premiums in the ma.nner in `
<br /> which sai.d Trust Company shall deem best.
<br /> <� �
<br /> This assigr_ment shall be irrevocabl� and shall remain in force until the above described loan and ;.
<br /> interest, delinquent taxes and insurance premiums thereon shall be paid and until said mortgage is
<br /> ' satisfied in full and released.
<br /> Dated at Grand Island, this 26 Day of December, 1950.
<br /> Harold G. Strasser
<br /> Witness
<br /> State of Nebraska )
<br /> ) ss. On this 26th dap of December 1950, before me the undersigned Ruth
<br /> County of Hall ) Swanson a A�otary Publicy duly commissioned and qualified for and residing
<br /> - in said County personally came Harold G. Strasser, a single man, to me
<br /> known to be the identical person whose name is affixed to the foregoing instrument and acknowledged the
<br /> same to be his voluntarp act and deed.
<br /> Witness my hand and Notarial Seal the daq and year Zast above written.
<br /> Mp cammission expires August 18, -1956 (SEAL) Ruth Swanson
<br /> Notary Public
<br /> I Filed for record this 9 day of May 1951, at 2:30 oTClock P. M. ������
<br /> Register of Deeds
<br /> o-o-ao-o--o-o-ao-aao-ao-ao-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-ao-o-o-ao-o-o-ao
<br /> ASS IGNMENT OF RENTS ,,�
<br /> KNOt� ALL MEN BY THESE PRESENTS:
<br /> We, HAROLD G. STRASSER A SINGLE MA'N, of HALL County, Nebraska, having heretofor made application to
<br /> the Nebraska Loan f� Trust Companp of Grand Island, Nebraska, for a loan on the premises described below
<br /> and in consideration of the said Trust Company making said loan and for other good and valuable consideration � �
<br /> receipt whereof is hereby acknowledged, do hereby assign and transfer to said Nebraska Loan & Trust Company
<br /> as additional securitp for said loan on the rents, income and profits arising out of the premises des- �.
<br /> cribed as follaws, to-wit:
<br /> The F..asterly fiftp-seven (5?) feet of Lot Three (3} and the Southerly sixty-six (66) feet of Lot
<br /> Four (4), in Block Sixty-two (62), in the Original Town, now City of Grand Island, Nebraska. And �
<br /> the Southerly sixty-six feet of the West Nine (9) feet of Lot Three (3), in Block Sixty-two (62), �
<br /> in the Original Town, ncyw City of Grand Island, Nebraska. �
<br /> This assi.gnment of rents is made for the express purpose of having said� income from the said premises � ��,
<br /> applied to the repayment of the above described loan and the interest thereon, delinquent taxes, and � �
<br /> insurance premiums which may be charged against the above premises. �
<br /> � � �
<br /> Said Company may, in its discretion, use said rents for the payment of said loan or the accrued interest
<br /> thereon or delinquent ta.lces or payment of insurance premiums as it may deem best.
<br /> We, hereby authorize and empower the Nebraska Loan F� Trust Company its officers, agents or Attorneys �
<br /> to act for us in the collection of the rent from all of said premises and to receipt for said rent and to �
<br /> agree upon the prices of the rental to be paid, and look after the renting of said premises. `
<br /> :s.
<br /> IT IS FUitTHER AGREED That if the undersigned assignors or their successors, occupy said premises
<br /> during the existence of said loan, the Assignee, shall have the same rights of forfeiture, ejectment for �
<br /> forcible entry and detainer and such ether actions as it would have against an�* tenant occupying said
<br /> premises and having no interest therein. The Trust Company may have the right to waive the c�llection
<br /> of any part of said rent and if it does so, it shall not be construed as constituting a relinquishment of
<br /> any of the rights given under this assignment, but said rights may be exercised at any time said Truat
<br /> Company deems it advisable te do so and said rights shall continue so long as the mortgage or interest or
<br /> any part thereof remains a lien against said premises. �
<br /> IT IS FURTHF.R AGREF.D THAT THF, said Tr�zst Company shall not be liable for the loss of the collection
<br /> of any rents and said Company is only required to use reasona.ble diligence in collecting said rents and
<br /> in the management of said property. The Tr�ast Company shall have the right to deduct from said rents a
<br /> fair and reasonable compensation such as expense, Court costs, and collection costs, which are incurred
<br /> during the term of this assignment and after dediicting for the services, Court costs and other expenses
<br /> incurred, the balance shall be applied to the payment of the balance due on said loan, or interest, or
<br /> taxes, or insurance premiums in the manner in whicPr sai3 Trust Compar.y* sha11 deem best.
<br /> This assignmer.�-sha11 be irrevocable and shall remain in force until the above described loan and '
<br /> , interest, delinquent taxes and insurar.ce premiums thereon shall be paid and until said mortgage is satisfied
<br /> in full and released.
<br /> Dated at Grand Island, this 26th day of December, 1950.
<br /> WITNESS
<br /> Ruth Swanson Harold G. Strasser
<br /> ; ! � i
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