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ASSIGNMENT OF RENTS � � �- +� � � � � �
<br />(Continued) Page 5
<br />Wetver of Homestead Exemptton. Grantor hereby releases and waives all rights and benefits of the homestead
<br />exempfion laws of the State of Nebraska as to all Indebtedness secured by this Assignment.
<br />Weiver of Right of Redemption. NOTWITHSTANDING ANY OF THE PRQVISIONS TO THE CONTRARY
<br />CONTAINED IN THIS ASSIGNMENT, GRANTOR HEREBY WAIVES ANY AND ALL RIGHTS OF REDEMPTION FROM
<br />SALE UNDER ANY ORDER OR JUDGMENT OF FORECLOSURE ON GRANTOR'S BEHALF AND ON BEHALF OF
<br />EACH AND EVERY PERSON, EXCEPT JUDGMENT CREDITORS OF GRANTOR, ACQUIRING ANY INTEREST IN OR
<br />TITLE TO THE PROPERTY SUBSEQUENT TO THE DATE OF THIS ASSIGNMENT.
<br />DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this
<br />Assignment. Unless specifically stated to the contrary, ell references to dollar amounts shall mean emounts in lawful
<br />money of the United Siates of America. Words end terms used in the singular shell include the plurai, end the plural
<br />shall include the singular, as the context may require. Words and terms not otherwise defined in this Assignment shall
<br />have the meanings ettributed to such terms in the Uniform Commercial Code:
<br />Assignment. The word °AssignmeM" means this ASSIGNMENT OF RENTS, as this ASSIGNMENT OF RENTS may
<br />be emended or modifled from time to time, together with all exhibits and schedules ettached to this ASSIGNMENT
<br />OF RENTS from time to time.
<br />Borrower. The word °Borrower" means KTDoubleMD, LLC.
<br />Defauk. The word °Default" means the Oefault set forth in this Assignment in the section titled °Default°.
<br />Everrt of Defauit. The words °Event of Defeult° mean eny of the events of defeult set forth in this Assignment in
<br />the default section of this Assignment.
<br />Grantor. The wo�d "Grantor° means KTDoubleMD, LLC.
<br />Guarerrtor. The word "Guarantor° means any guarantor, surety, or accommodation perty of any or ali of the
<br />Indebtedness.
<br />Gueranty. The word "Guaranty" means the guararrty from Guarantor to Lender, including without limitadon a
<br />guaranty of all or part of the Note.
<br />Indebtedness. The word °Indebtedness" means all principal, interest, and other amounts, costs end expenses
<br />payabie under the Note or Related Documents, together with all renewals of, extensions of, modificetions of,
<br />consolidadons of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Grantor`s obligations or expenses incurred by Lender to enforce Grantor's obligetions under
<br />this Assignment, together with interest on such amounts as provided in this Assignment.
<br />Lender. The word °Lender° means U.S. BANK N.A., its successors and assigns.
<br />Note. The word °Note° means the promissory note dated April 4, 2092 in the original principai amount of
<br />S 110 ,000.00 from Grantor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement.
<br />Property. The word °Property° means all of Grantor's right, Utle and interest in and to all the Properly as
<br />described in the °Assignment° section ot this Assignment.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreemenis, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other i�struments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rerns. The word "Rents° meens ali of Grantor's present and future rights, title and interest in, to and under any
<br />and all present end future leases, including, without limitation, ell rents, revenue, income, issues, royaltfes,
<br />bonuses, accounts receivable, cash or security deposits, advance rentals, profits end proceeds from the Propeny,
<br />and other payments and benefits derived or to be derived from such leases of every kind and nature, whethar due
<br />now or later, including without limhation Grantor's right to enforce such leases and to receive and coilect payment
<br />and proceedsthereunder.
<br />THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIQNMENT, AND NOT
<br />PERSONALLY BUT AS AN AUTHORIZED SIQNER, HAS CAUSED THIS ASSIGNINENT TO BE SIGNED AND EXECUTED
<br />ON BEHALF OF GRANTOR ON APRIL 4, 2012.
<br />GRANTOR:
<br />KTDOUBLEMD, LLC
<br />».. >
<br />By : : . .. . ; ::
<br />Daniel T. Ga aghar, anaging mber of KTDoubleMD, LLC
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