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Loan No: 101249434 e ASSIGN Contin ed�RENTS �� 1�� 1��� Page 5
<br />thet it becomes legal, valid and enforceable. If the offending provision cannot be so modified, it shall be
<br />considered deleted from this Assignment. Unless othe,rwise required by lew, the illegality, invaNdity, or
<br />unenforceability of any provision of this Assignment shall not affect the legality, velidity or enforceability of any
<br />other provision of this Assignment.
<br />Successors and Assigns. Subject to eny Iimitations steted in thfs Assignment on tranafer of Grentor's interest, thia
<br />Assignment shall be binding upon end inure to the benefit of the parties, their successors end assigns. If
<br />ownership of the Property becomes vested in a person other then Grantor, Lender, without notice to Grantor, may
<br />deal with Grantor's successors with reference to this Assignment end the Indebtedness by wey of forbearance or
<br />extension without releasing Grantor from the obligetions of this Assignment or liability under the Indebtednesa.
<br />Time is of the Essence. Time is of the essence in the performance of this Assignment.
<br />Waiver of Homestead Exemption. Grantor hereby releases and waives all rights and benefita of the homestead
<br />exemption laws of the State of Nebraska es to all Indebtedness secured by this Assignment.
<br />Weiver of Right of Redempdon. NOTWITHSTANDING ANY OF THE PROVISIONS TO THE CONTRARY
<br />CONTAINED IN THIS ASSIGNMENT, GRANTOR HEREBY WAIVES ANY AND ALL RIGHTS OF REDEMPTION FROM
<br />SALE UNDER ANY ORDER OR JUDGMENT OF FORECLOSURE ON GRANTOR'S BEHALF AND ON BEHALF OF
<br />EACH AND EVERY PERSON, EXCEPT JUDGMENT CREDITORS OF GRANTOR, ACQUIRING ANY INTEREST IN OR
<br />TITLE TO THE PROPERTY SUBSEQUENT TO THE DATE OF THIS ASSIGNMENT. �
<br />DEFINITIONS. The following capitalized words and terms shall heve the following meanings when used in this
<br />Assignment. Unless specifically stated to the contrary, all references to doller amounts shall mean amounts in lewful
<br />money of the United Stetes of America. Words end terma used in the singular shall include the plural, and the plural
<br />shall include the singular, as the context may require. Words and terms not othervvise defined in this Assignment shall
<br />have the meanings attributed to such terms in the Uniform Commercial Code:
<br />AssignmeM. The word "Assignment" means this ASSIGNMENT OF RENTS, as this ASSIGNMENT OF RENTS mey
<br />be amended or modified from time to time, together with ell exhibits and schedutes etteched to this ASSIGNMENT
<br />OF RENTS from time to time.
<br />Borrower. The word °Borrower" means VICKI L KISSLER. ._
<br />Default. The word "Default" means the Default set forth in this Assignment in the section titled "Default".
<br />Event of Defeult. The words "Event of Default" mean any of the events of defeult se`t forth in this Assignment in
<br />the default section of this Assignment.
<br />Grantor. The word "Grantor" means VICKI L KISSLER.
<br />Gua�anty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation perty to
<br />Lender, including without limitation a guaranty of all or pert of the Note.
<br />Indebtedness. The word "Indebtadness" means all principel, interest, and other amounts, costs and expenses
<br />peyable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidatfons of end substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Grentor's obligations or expenses incurred by Lender to enforce Grantor's obligetions under
<br />this Assignment, together with interest on such amounts as provided in this Assignment. Specificelly, without
<br />Iim(tation, Indebtedness includes the future edvences set forth in the Future Advances provision, together with all
<br />interest the�eon and all emounts that may be indirectly secured by the Cross-Collateralizetion provision of this
<br />Assignment.
<br />Lender. The word "Lender" means Five Points Benk, its successors and assigns.
<br />Note. The word "Note" means the promissory note deted February 9, 2012, In the originsl principal
<br />e�'lount Of $38,420.69 from Grantor to Lender, together with ell renewals of, extensions of, modificatfons of,
<br />refinfancings of, consolidations of, and substitutions for the promissory note or agreemenL
<br />Property. The word "Property" means all of Grantor's right, title and interest in and to all the Properry es
<br />described in the "Assignment" section of this Assignment.
<br />Refated Documents. The words "Releted Documents" mean all promissory notes, credit agreementa, loan
<br />egreements, environmental agreements, gueranties, security agreements, mortgages, deeds of trust, security
<br />deeds, colleteral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any
<br />and all present and future leases, including, without limitation, ell rents, revenue, income, isauea, royalties,
<br />bonuses, accounts receivable, cesh or security deposita, advence rentals, profits and proceeds from the Properry,
<br />and other peyments end benefits derived or to be derived from such leases of every kind and neture, whether due
<br />now or later, fncluding without limitation Grantor's right to enforce such leases end to receive and collect payment
<br />and proceedsthereunder.
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