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<br /> , 4� � � FOR AND IN CONSIDF�dATI4'iIV•of t�s�mn of Nine Huadred Twenty-Eight'Ihmuseu�d �. � , ':;
<br /> ``f ` and NoJ1Q0 Dollais($92i{,OQO.Q�)loaned;ar to be loaned to the umdct�igped,THREE CIRCLE cs �
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<br /> _.�..?<_�:;;�:;,�..;;`:_;; IItRIGATION,INC.,a Nebraska corpotatton,hereinafter referred to as"Assigaos",daes hereby d �
<br /> � �� � sell,assign and tcansfet unto THE OVERLAND NATIONAL BANK OF(3RAND ISLAND, � '
<br /> �:;',::,:,; � :;. ° ee° al1 of Assi �s right,tifle aad interest ia and to all Leases, ��,. -=
<br /> s :r, _ hereinai�referred w as �SSiBn �
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<br /> y�' n�w or hexeafter existing,in resp�d to that real estate Iegally descn�as: ..
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<br /> }�-��` ",� �� ����tps.��O^ne(1)�td.Thrce(3),Fonner Third Subdivision in the City of Crrand Island, �
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<br /> • ''r-•��)5�6�?•` S71Htl:ilLVLIII NPlstr�sa.�epting ther+efram tzzct�af land more particularly _ �r�n�:
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<br /> � `�� `���r. � . d��.c�ter�",ra�.9����.�corded as Docu�2No.82-003�T3�d Qllarranty ;
<br /> �°��� � ::��`� �at i�c�ar�u6��1io.95-I05533. �.-=.
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<br /> ,s `� � ''. . . � Y �t ct��a�a,�3t�nts specificallY iassi�s'u�'��r��Ot�s�.�rs�.�s of� - �`-
<br /> :�ssi or b this
<br /> :,. 'f�". � ... :coltect aa��r�ceive a�.�f the�tisy��me,seceipts,revenues, �s,�a .
<br /> '°' ' dueaad '�I��e►�.ag�iar��rZhe' ,�
<br /> ,�s,k . �5�; .�y���g�ns?���at say�zne b�e�3�a become F� ' . =
<br /> '�`�s� _ �;. . ; �s m������da svrus being here�a arferred W cullecti��i�.�s'�Rents),arising aF�ss�- . �;
<br /> ' �4.�- , ,='': ��g f���a�C oft�meal e.gtate hereinabuve��scn'bed,or aay g�z¢�thereaf,including,�u� � ��`
<br /> • " ' out I�m�t�teon,minimum rents,percentaSe rems,deficiency rents and liquidated damages f�#Iow-
<br /> ;`'.,' • ` . ,`;�., ing default,allpror,eeds paYa62e undgr anY Po�Y of ins�uance wvering loss of rents r�sutting ---
<br /> ` ;°`�, from untenantab'ility caused by destrudion or damage w the real estate and all oFAssignoY's __
<br /> . - rights w recflver moaetary amaunts from any tessee iu bant�mpto�r,including,without limitadon,
<br /> �I'��,... „h: . :.�_# ti�ts of recovery for use and occupan�cy and damage cl�ims acisu��out of lease defaults,includ- -
<br /> . ing rejections,under the Federal Banl�uptcy Cade. It is further the uztent hereby that any and alt
<br /> ., . guaranues of payraent af lteais are hereby elso assigned by Assigccor unto Assi�nee. :rt.._-
<br /> . •. ��,. ''i`: <.. SAID AS3ItiNMENT BY THE UNDERSI(i1VED ASSIGN O R I S M A D E 3 U D J E C T T O �
<br /> . .. ,.s: THE FOLLOWIN(i 1'ERM3 AND CONDITIONS: _
<br /> . .,.,`
<br /> . ,. . ` 1. This Assignment is�vcc�to secur�the pa nt of the indebtedness described a6ove
<br /> ��.�..^,,';<<:�,:.�:. . and as sec�uity for such other su�s as may be her�r�sdvanced by Assigaee w,or for the
<br /> � � � ..:�r:,;• benefit o�Assig�tor,provided,tiowcver,that is�the event all indebte�ness ovrin�from AssiIInor
<br /> : „ to Ass'sgaee ia weU and truly paid theatAis Asstg�ent sha116e void,othe�vise w rcmaen in full __
<br /> :' „ . '�� force and effect,. , —--
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<br /> f-::....,: .,�.. �•�:� 2. It is the intendon and agraeffient of Assigums�at this Assi�$s��ss s� -•
<br /> .. �''�<`t a�y future advances made to Assi�nor by Assignee aadl auy auc��l i�debte�s�n addi�i�n to
<br /> ::::, ,`•`°` ': �� ; the�unount stated aizove which�d Assignar may owe to said A�sa.�e,however evidetr�ad, _..-�_
<br /> ':';:�-�: wheticer by note,book,eccount or otherwise. The uade�sigAied a��tgrees thai this�Ass"s�,p�,ment
<br /> . shall secure all casts.cliarges and expens�s reasonabty n�curred o:paid by Assignee,iac�o�iag =_---
<br /> � � ` " reasonable attorney fees,i�cause of the failure of�.e�dersigned to comP1Y witb the terms of �:-_
<br /> ��- �i���� � _: .
<br /> � the Notes evidenc�ng such indebtedaess or tbis Assignment. ��,�
<br /> • ��` •:�;:.:�� 3r So long as Assigu��shalt not 6e in d�fauit of thc paytneuts dae w Assiganee iaa m�ect �;;..
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<br /> to Lade6tedmess owm�or in tbe erfomiance of the tequirements of any instrumcnt of security � -
<br /> . �:;
<br /> � which may secura such inde6 ss,Assignor shall be entitted to collect and retain for his Y
<br /> � �� � ���"`f beaefit all Itents.from time to time accn�ing and receiv c d in respect to t he I t e a l�s t a t�e Lease�s
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<br /> . . , herein assigned as secu�itY.
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<br /> ' '�� � 4. Upon default in the payraent for a period of thirty(30)days of any sum dae in respect
<br /> �_-
<br /> � � to the indebtedncss secut�ed hereby or in the perfonnaace of the rcquirements of any instcument �� =
<br /> " . � . . .,.�' of security which may secure such iadebtedaess,Assigaee may give immediate notice ofthis
<br /> . .� �.,; pssignment to the Tenants under suah L�ases and shall, e�reaftea ac�crurehand be due and paYublee .�:�,
<br /> authorized to receivc and collect all suc�Rents as may th .:`'��.
<br /> . ...� . to Assignor under the terms thereof.
<br /> `„,. �, . 5. Assign�¢r r�presea��ad wa�aats tQ As..�i(�tlr�t c�:��gaed i��L�state L�ases and �.�
<br /> '.�'`;'�:: . . . Reats t�erein�uided has not been gm���y��oI c�.�n➢�ered. ; ,�i�
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