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RENTAL A83IGNMEN ^t <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 $ 3700.00 , which is to be secured by a First Mortgage <br />on the following described real estate: <br />Lot Four (4), in Block Thirteen (13), in Boggs and Hill's <br />Addition to the City of Grand Island, 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 />ieient 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 br 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 mortgage to be executed <br />by us on the above property. <br />MOW <br />Dated this24 day of December lg 54 <br />State Of Nebraska j se, <br />County Of Hall ) <br />On this 24 day of December 19 54 , before me, a Notary <br />Public in and for said County came: <br />Alta Breau Johnson (Formerly Alta Breau) and Ralph W.Johnson <br />her husband. , <br />to me known to be the identical nersons whose names are affixed to <br />M above instrument and they acknowledged the execution thereof to <br />y� -ir voluntary act and deed for the purposes herein set forth, <br />i�T- TESTIMONY jVHEREOP, I have hereunto set my name and affixed <br />- -my ,sealthe day and year last above written. <br />c- omission expires otary Public <br />Filed for record Dec. 27, 1954, at 9 :15 A. M. <br />Register of Deeds <br />Ha*l Co., Nebm. <br />by z. deputy <br />