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ASSIGNME,IT (F .RElITS
<br />K.VOW ALaL LEN BY TIIESE PnESElTTS, Thryt James A. Mich -
<br />elson, the undersigned, of the* county of Hall, State o.°
<br />Nebraska, °or aid in consideration of Thjrty -five '�^hou-
<br />sa,nd Do.Z?ars (;Y35,0n0,00) as a loon in hand oci(' !.o James
<br />A. Michelson by Will is %n E. Cla yton, rra >zd is 7, �., %, e rczs
<br />-
<br />ko, and other good and valuable consjc'erotjoa, th° r6--
<br />ceint w,hereo' is hereby aciCno';;.Zc': c'ed, cc hereby assign,
<br />transfer and set over to the scid ,;j 7-1 y s n, a
<br />collateral_ sec7jrity _for the dr,'ration, ofl loan, all the
<br />rents, 7* nc0rnc and pro °its accruing upon t'ze o ;ing
<br />described .. ^ropErty situated i.n rron:l _island, Io.11 unty,
<br />iebraska, to- ,c;i1;:
<br />Lots Three (3' and four (4) 'in :lock - j.rty-
<br />Ei %Izt (68) o,f the Criginal Toron, nor, City,
<br />o_o Trand Isl.ond, aII Co nty, Tebra ka.
<br /><ind I hereby authorize and e- npoc,er the sai: illium
<br />L. Clayton, his 0uthori. ?ed age nos c: c.', at orneys, to act
<br />,for me and rent the above- describ,C �cremises, and lira my
<br />place collect and receipt for said rent, at such uric s
<br />and a,-on such ter,,-.s as he may see lit.
<br />This assignment o, "ent being made for the express
<br />purpose o, having said revenue applied to the re?)ayneni
<br />of t ,e above - mentioned 1oa
<br />T,he said s"illiam f. Clayton may, in his discretion,
<br />use the rents so far as he may deem necessary, "or �,he
<br />purpose o,' making such re-airs upo.z ti e pre,nises as, in
<br />his judgrlent, mc,y be proper and may use said rents so
<br />_far css necessary for the aay,,re.nt of insurance pay rents
<br />and taxes upon s :ic', nre.,zi3e8- Ile shall also hove a?,cth-
<br />ority to deduct from said rents a fair compensation, to
<br />be payable to said Yi1I jam I'. Clayton's yigents, for ser -
<br />vic��s rendered in te collectio ' said rents the %;gl-
<br />ance to be applic-d upon the naynenJr, of interest a;zd Pr in-
<br />Dated o „'' sa id loan,
<br />Dated at ^rand _Zs land, `�ebraskr ", this _ >0 (?a _U of,
<br />November, 1956.
<br />On this 2-1 _ day of November, 1956, before ;ze, the
<br />undersigned, a r,'otary Public in and for said County, per-
<br />sonally came James I. 1;icr.elson who is personully known
<br />to me to be the ident,iCoI p,- rson Z�hos e name is affixed, to
<br />the above instrument as grantor, and acknowledged the
<br />same to be his voluntary act and deed.
<br />Notary Publ i
<br />!Yy Comm. expires:
<br />Filed for record November 27, 1956, at 11;05 A.M.
<br />Register of'Deeds
<br />IX
<br />7�R�,.
<br />N� icw
<br />yy�1S5 fl.
<br />P £ 5�
<br />A ��� c • C
<br />(P �c
<br />a•.
<br />OraEC� ,.��;
<br />s, ., .
<br />Notary Publ i
<br />!Yy Comm. expires:
<br />Filed for record November 27, 1956, at 11;05 A.M.
<br />Register of'Deeds
<br />
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