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RENTAL ASSIGNMENT <br /> In consideration of the Nebraska Loan & Trust Company, Grand <br /> Island, Nebraska making a loan to me/us the undersigned, in the <br /> sum of $ 11000. 00 , which is to be secured by a First Mortgage <br /> on the following described real estate: <br /> The Southerly sixty-six (66) feet of Lot Five (5), in Block <br /> Nineteen (19) , in the Original Town, now City, of Grand Island, <br /> - Nebraska. <br /> and for the purpose of further securing said loan we here sell, <br /> assign and transfer unto the Nebraska Loan & Trust Company, Grand <br /> Island, Nebraska, all rents or rentals and income to be due or <br /> received from said property and hereby agree that in case of default <br /> of the payment of any taxes when the same shall become delinquent, <br /> or in the case of default of the payment of any Interest on said <br /> mortgage, or in the default in the payment of any insurance when <br /> due, or upon the payment of the principal of said mortgage when the <br /> same shall become due, then and in any of the said events, the <br /> Nebraska Loan & Trust Company is hereby authorized and empowered <br /> to collect all rents from said property and to apply the same to <br /> the payment of the taxes, the interest, insurance or principal <br /> which may be in default and this assignment shall constitute suff- <br /> teient authority for said Nebraska Loan & Trust Company to collect <br /> and apply said rents as above set forth and the undersigned further <br /> consents, in case of default, to the immediate appointment of a <br /> receiver upon application to the court having jurisdiction for the <br /> purpose of collection of said rents mr rentals as set forth, <br /> This assignment shall be irrevocable until..said mortgage and <br /> all delinquent taxes, interest and insurance premiums have been <br /> paid in accordance with the terms of the mort: :ge to be executed <br /> by us on the above property. <br /> .. 4. Vii✓ <br /> Dated this I& day of JAN. 19 54 <br /> State Of Nebraska } sa. <br /> • <br />,\ County Of Hall ) <br /> January -On this / day of 19. ; before me, a Notary <br /> Public in and for said County came: <br /> William Sielaff and Marie L.Sielaff, each in his or her own right <br /> and as- husband and wife, <br /> to me known to be the identical persons whose names are affixed to <br /> the above instrument and they acknowledged the execution thereof to <br /> tileAr voluntary act and deed for the purposes herein set forth. <br /> t; j �, �•,�" 1 STIMONY WHEREOF, I have hereunto set my name and affixed <br /> �p" 1e day and year last above written. <br /> N iaj t q � * ,'7 l ?<s!� /2—or <br /> �4y s scion expires Notary Public) <br /> Filed for record February 3, 1954, at 9:50 A.M. __, ____ ___ <br /> Register of Deeds <br /> Hall County, Nebr. <br /> - / i • - <br />