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<br />RENTAL ASSIGNMENT
<br />1n ,aon$ideration' of the. Nebraska Loan &ruse Company, -Gsnd fi
<br />Islarid,,;Nebrask�, making a;7�aan to me /ups the undersigned, in the
<br />sum �of,i2(�Q,r °0_;_,��which is;to;be seeured by a F3,�st;:�Mortgage
<br />on the following described real.estatei
<br />Westerly' twdnty two feet of Lot 7� in Block 31� in :the Orig final ;
<br />Towil, ndw'Gity,� of, Grand °Island: lebraska'. '
<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, °. .fir slta, wall''reenta or' rent"a16s 'and `in'oome 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 dr rentals as set forth.
<br />This assignment shall be irrevocable until said mortgage a�
<br />all delinquent taxes, interest and insurance premiums, ,hape been,P:.,
<br />paid in accordance with the terms of the mortgage to be executed4
<br />by us ,on the above property. ,. V5
<br />,.,.
<br />Nitz
<br />Dated this 29day oQ3iM-,:L 19 56 a Co
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<br />Pre y, x g C
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<br />State Of Nebraska ) ss.
<br />County Of Hall )
<br />5th. SEPTEMBER
<br />On this �._ day off; 19 561 before me, a Notary
<br />Public, in and for said County came:
<br />ximwn to be the identical persons whose names are affixed to
<br />��° o 'eat? instrument and they aeknowledged� the execution thereof to ;
<br />be, voluntary voluntary act and ,deed for the purposed herein set forth.
<br />,
<br />kIMONY WHEREOF, I have hereunto set any name and affixed
<br />tie day and year last above written.
<br />Q otax'y Publi y
<br />My comcission expires
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<br />1.
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<br />Filed for record :September 6,;,.1956-; at 940 a;m;, '
<br />IMUIU11M OF
<br />Hai � County, 'N e b r , ,
<br />�t�s .• ,. ,. a, a � M=?`.. _ n � _ . �.r � -, , . ..� s �� ._. ��.,. .. <... _. r,, n ��r .l , s JmZ.. , .., ..,�,a�uz�'..'
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