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<br /> � �
<br /> ���P LTFR�T A�41'CI�MEN'�' �
<br /> 9?— i4�43o�
<br /> KNOW ALL MEN BY THFSF, PRESENTS that far valuable conaidera-
<br /> tion, receipt of which iQ hereby acknowledgad we, the under-
<br /> eigned, hereinafter referred to ae "Aeaignors��, hereby asaign,
<br /> transfer and set over to kIVF POINT9 BANK, (3rand Island, Ne-
<br /> braeka, hereinafter referred to as "Assignee" , all of vur right, -
<br /> title and interest in reapect to a certain Deed of. Truet dated
<br /> the 2�_ d�y of �� , 1997, made by and between aRA�JD
<br />� ISLAND FAMILY CHURCH, I�JC., a Nebraeka non-pr.ofit corporation, as
<br /> xrustor, in favor of JOHN M. CUNNINGHAM, Attorney at Law, aa
<br /> Truetee, and C3AP.Y P. RL��i'�, LELAND L•. STEk'FF.�1 and DAVIA �. _.
<br /> ELLINC3TON, ae Beneficiasy, and securii.3 th� foll�w`ng-�_ecribed
<br /> property in Hall County� Nebraeka:
<br /> Lot One (1) , Bagtist Temple Subdiviaion to the
<br /> City of Grand Island, Hall Caunty, Nebraska,
<br /> which Deed of Trust wae recc5rded as Document No. 1� D� in tkie
<br /> Office of the Fiall Couuzty Regiater of Deeds on the 23 clay of
<br /> ' /�i4Y , 1997. This Col].ateral Assignment ia additional secur3ty
<br /> for the Deed of Truat NAte dated the 23 day of �MV ,1997
<br /> _ ��p4G �r �ru:.3 ��i�r.a ���i i� rh„r�h; Inc. ! a Nebraska. non-profit
<br /> coxporation and payable to C3ary P. Rowe, Leland L. Stef£en and
<br /> David �. E].lington in the o�iginal principal amou.nt ot Ninetiy-One
<br /> � Tha�xsand �'orty-Six and 77./100 Dol7.ars ($9].,04&.71) which Asaign-
<br /> ; ors have aseigxied, set over and transferred unto Aesignee.
<br /> ' The Ase�.gnors agr.ee to instzuct C3rand Island Family Church,
<br /> Znc., a Nebraeka non•-profit cor�oration, to make paymente ae
<br /> directed by Aesignee at th� place deaignated by Aseignee, whicY�
<br /> � shal�. be Five Pointa Bank, 2015 N. Broadwell, Grand I�land,
<br /> Nebraeka 68803.
<br /> `� Thia Aasignment is given as aecur.ity for the indebtedneea o€
<br /> ' . A+�r�ignor9 to Five Pointe Bank, Grand Island, Nebraeka and as
<br /> . security for euch other sume as may be advanced by Five Points
<br /> Bank, arand Ialand, N�br�aka to Aaeignora. In the event euch
<br /> indebtednase, future ac3vances, inter�at and other sume ae may be
<br /> advanaed are well and truly paid, then this Aesignment ehall be
<br /> �; void, othorwise to rem�in in fu].1 force and eEfect. It ie tha
<br /> . intention and the agreement of the Aasignore that this Aseignment
<br /> � . ehall. al�o secure any future advances made to Aegignore by
<br /> ' Aeaignee and any and all indebtednese which Aseignore may owe Co
<br /> �. sai.d Aseignee, however evidenced, whether by note, book, accoi.ant
<br /> or otharsaioe. The und�r�igned also agree that thie Aesignment
<br /> � sh�ll seaure al1 costs, chargea and expensea r�asonably incurred
<br /> or pai.d by Aesi.gnee, including reasonable attorney fees, becauae
<br /> o£ ci�� iailu..o o� th� u:,��r�ir,ned to comply with the terme �f
<br /> thie agx�QmQnt.
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