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K: :_W ALL T_.'�,�;�E That we, the undersigned,
<br />Christian 11. Glerlcff and Alen 1. Qerloff, each in Vis and
<br />her own right and as saouse of the ot-er, of islanc, iiall
<br />�ounty, e2r3 sk3, for and iL consideration of th e of '.ixteen
<br />ThcAsand Dollars (016,09).00), to us as a loan in r.and i.paid .)y
<br />t',n �'Irst ,:atAonal oLk of Grw4 island, Aebraska, a corporation,
<br />and other good and inluab] e consi dera, ti gn, 7E'cei pt whereof
<br />is :-.erebv acknowledged, do mreb assign, trans-Cer any so.t. over
<br />to the first Ational wank of 6rarr as collateral
<br />sect ,,ritv for such loan,, for --,o as such loan or any, i)art t.`,crcof
<br />Or interest tAreon remains un,aid, all tin rents, incnae, and nro-
<br />fits U00n tKe folkming-vescrihw 'VonErty, to .it:
<br />The ;,or tl-ie r ly e i o IrAy-ore. fe_,ct .r1') )," LDt
<br />,`c,,ur (4) �-ractiona, !)loci -,, aventeen (17),
<br />in Rollins' ?-Mtjon to the �itv of Lranr`, Is-
<br />land, 1 a zal I _:aunty,
<br />1-Ind -,-.e re 5 ; aa t h ) r j ze and empovjEr the :', first iation;.l -ank
<br />of ( -rand islapd, Abraska, its wllmrized agents and attornels,
<br />to act for iis apd rent the anove-describeNreAses or any part
<br />thereof, and in our Diace collect and recei-A for such. rent, and
<br />n
<br />n default. of the aym(-,� t of such rent or any part thereof to
<br />oroceed in its ^wn name t,y suit or snits at law for tyre rccn-very
<br />thereof in . uch manner as it sh=all deem fit. it is further - ex-
<br />pressly ti and agreed that JC the assi�,nors, or t,-�eir
<br />Y -
<br />successors, shall occupy said oremises during t-he existence of
<br />sigh loan, the assignee shall liave the same rig its of forfeiture,
<br />ejectment for forcible entry and detainer, as 'he assignee might
<br />hale against any other tenant who has no interest or title in
<br />a 1 it is further eMmessly stipulated and
<br />nd to !�ald premises.
<br />apreed that the temporary wai ver )f the collection of the rents
<br />shall not be construed as constituting a relinquishment of the
<br />rights, granted hereundcr, which rights may be exercised by the
<br />assignee at any time during the existence of the above loan or
<br />any extension thereof.
<br />This as s i gnment of rent i s be i ng, made for the express purpose
<br />of having, the rents applied, to pa�mients of nrincioal and interest
<br />on the loan of above described as agreed b,,,! us to be
<br />n I d in the real mort,aLe or t,-e oroc'erty above described
<br />said loan. it is furt,_,er agreed that the first "National
<br />3aplc of Orand Island, "ebraska, may, in its Ascretiorq use the
<br />rents so far as it may deem necessary for the Durpose of making
<br />such
<br />s repairs upon the premises as in its judgment may be. proper,
<br />and may use such rents so far as necessary for the ;payment, of
<br />insurance oremiurns and taxes upon such premises.
<br />leis assignment 'an(.,, transfer of rents, to be absolute to the
<br />extent of the total of the payments above mentioned from and after
<br />tkis date.
<br />Dated this
<br />Witnesses:
<br />day of ,,eijtefn-ber .D. 1956.
<br />
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