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� <br />� <br />�� <br />0 �� <br />� � <br />N � <br />0 � <br />N �� <br />W �� <br />� � <br />-P� � <br />�� <br />� <br />� <br />� <br />� <br />�`..�`�:, <br />�;� <br />i ��r� .� <br />�:� <br />`� �, <br />.� <br />�:� �,. <br />�' <br />�� <br />� <br />� <br />� <br />°� l 1 � <br />��� <br />7C � <br />r �� <br />c� <br />�-..� <br />S � <br />, � D � <br />r s , <br />r � � <br />� � � �.1.�- <br />•° �` N <br />� � <br />� � ��, � <br />L� <br />S�7 �� <br />�; � <br />� � <br />� '� � C.� <br />0 <br />! � � � <br />� o �``- <br />� v' <br />C'� Cn <br />O -� <br />C � <br />z m <br />--1 <br />-� � <br />o � <br />�' z <br />= m <br />D m <br />r �o <br />r n <br />cn <br />� <br />D <br />� <br />� <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated March 23, 2012, is made and executed between DAVID <br />DUBBS and PATRICIA DUBBS; Husband and Wife (referred to below as "Grantor") and Five <br />Points Bank, whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below <br />as "Lender"). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grentor's right, title, and interest in and to the Rents <br />irom the following described Property located in HALL County, State of Nebraska: <br />The East Half of the Southwest Quarter (E1/2SW1/4) of Section Twelve (12), Township <br />Eleven (11) North, Range Twelve (12) West of the 6fh P.M., Hall County, Nebraska <br />The Property or its address is commonly known as E1/2SW1/4 12-11-12, HALL COUNTY, NE. <br />The Properiy tax identification number is 400195569. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its dfscretion may loan to <br />Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />below and so long as there is no default under this Assignment, Grentor may remain in possession and control of and <br />operate end manage the Property and collect the Rents, provided that the grenting of the right to collect the Rents shall <br />not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding. <br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that: <br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and <br />claims except as disclosed to and accepted by Lender in writing. <br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and <br />N <br />O <br />� <br />� <br />L� <br />N <br />C.J <br />F��' <br />..0 <br />� <br />�� <br />�1.� <br />