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RENTAL AS3ICGrT%--Ni &ail i'. Gaendel and Helen: GUendei In' consideration Of the , Grand Island, Nebraska, making a loan to me /us the undersigned,; in the sum of �3200*00 , which is to be secured by a F'irs,'t Mortgage- on the following described reel estate: All of Lot rive (5) in Block Five(5) in Gilbertts Addition to the City of Grand island, iviebraska, as the same is surveyed, platted and recorded. and for the purpose of furs &a, ��dell, assign and transfer unto tX1 , Grand Island, Nebraska, all rents or rentals and income to be due or received from said property and hereby agree that in case of default of the payment of any taxes when the same shall become delinquent, or in the case of default of the payment of any interest on said mortgage, or in the default in the Dayment of any insurance when due, or upon the payment of the principal of said mortgage when the s Ik4. 7, e t nG any of the said events, mss., f. s .ereby authorized and empowered to collect all rents from said property and to anDly the same to the payment of the taxes, the interest, insurance -or principal which may be in default and t as i . m t s co tit � a cuff ieient authority for said ebb ollect and apply said rents as above set forth and the undersigned further consents, in case of default, to the Immediate apnointment of a receiver upon application to the court having jurisdiction for the purpose of collection of said rents br rentals as set forth. This assignment shall be irrevocable until said mortgage and all delinquent taxes, interest and insurance premiums have been paid in accordance with the terms of the mortgage to be executed by us on the above property. j)y r i• Dated this 32fty of h ay 19 0 State Of Nebraska ) se, County Of Hall ) On this, day of : ay �19 58 , before me, a Notary Public in and for said County came: Cloatus L. �,,Ikire e.nd �oa 0. All"ire, 0.1-1sband and wife, as joint tenants and not as tenants in common, to me known to be the identical persons whose names are affixed to the above instrument and they acknowledged the execution thereof to be their voluntary act and deed for the purposes herein set forth, IN TESTITA:ONY WHEREOF, I have hereunto set my name and affi, my seal the day and year last above written,�njyE" �2 My commission expires Notary i� Yylr{'r j�L1y Icy. ~� IR 5 u t Nor Filed for record May 5, 1958 at 9:30 A.M. Register of Deeds fi Hall County, Nebr.