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RENTAL ASSIGNMENT
<br /> I.
<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 $ 7500.00? , which is to be secured by a First Mortgage
<br /> on the folowing described real estate:
<br /> Land as described in Deed file in the Deed Records of Hall
<br /> County, Nebraska, in Book]lo Page 33: . ';
<br /> i,
<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 k
<br /> the payment of the taxes, the interest, insurance or principal {'
<br /> which may be in default and this assignment shall constitute suff— .t
<br /> ieient authority for said Nebraska Loan & Trust Company to collect
<br /> and apply said rents as above set forth and the undersigned further [1
<br /> consents, in case of default, to the immediate appointment of a r
<br /> receiver upon application to the court having
<br /> P PP g jurisdiction for the
<br /> purpose of collection of said rents dm rentals as set forth, a
<br /> it
<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 mortgage to be. executed
<br /> by us on the above property. (/
<br /> ( - c,./ /,-/ (' , c Z.4G. 4 4'
<br /> Dated this 20 day of Septe“ber 19 51+
<br /> V
<br /> (;
<br /> State Of Nebraska
<br /> County Of Hall ; as.
<br /> On this 20 day of September 19 51+ , before me, a Notary
<br /> r.
<br /> Public in and for said County came:
<br /> C.G.Buchan and Blanche I.Buchan, his wife,
<br /> ;, x lwn to be the identical persona whose names are affixed to
<br /> , , � �s
<br /> � ' , oi'flstrument and they acknowledged the execution thereof to
<br /> aw 'c
<br /> n %"- . ntary act and deed for the purposes herein set forth.
<br /> --,.--....*, ,,c--
<br /> r.
<br /> :,10±,1'.0."-� ,,-41f a� 4�, R MONY WHEREOF, I have hereunto set my name and affixed
<br /> ,. c x 0mYi t a4 � r4 day and year last above written.
<br /> "*.„;pakt ,1 ion expires Notary Public
<br /> Filed for record September 20, 1954, at 3:00 P.M. „, De-- „,i
<br /> Register of Deeds
<br /> Hall County, Nebr.
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