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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank �; N �
<br />North Branch
<br />2075 North Broadwell �D
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />FIVE POIIVTS BANK �� °'
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated March 12, 2012, is made and executed between MONTY
<br />J. HADENFELDT, A MARRIED PERSON and ANN M. HADENFELDT, HIS SPOUSE (referred to
<br />below as "Grantor") and Five Points Bank, whose address is 2075 North Broadwell, Grand
<br />Island, NE 68803 (referred to below as "Lender"1.
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security
<br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents
<br />from the following described Property located in HALL County, State of Nebraska:
<br />A tract of land located in the Southeast corner of the East Half of the Southeast O.uarter of
<br />Section Four (4), in Township Nine (9) North, Range Nine (9) West of the 6th P.M., Hall
<br />County, Nebraska more particularly described as follows: All of that triangular piece of land
<br />located in the Southeast Corner of Section Four (41, lying South and East of the State
<br />Highway #281
<br />The Property or its address is commonly known as 1 ZO E GILTNER ROAD, DONIPHAN, NE
<br />68832.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />REVOLVING LINE OF CREDIT. This Assignment secures the Indebtedness including, without limitation, a revolving line
<br />of credit, which obligates Lender to make advances to Borrower so long es Borrower complies with all the terms of the
<br />Note.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF AI11Y
<br />AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED
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