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<br />WHEN RECORDED MAIL�O: i V
<br />Five Points Bank �) �✓
<br />North Branch � 1" ', Q r
<br />2015 North Broadwell
<br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY
<br />FiVE POINTS BANK
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated April 17, 2012, is made and executed between WILLIAM
<br />J. DEGEN, JR., INDIVIDUALLY/PARTNER; AND NANCY R. LONERGAN,
<br />INDIVIDUALLY/PARTNER (referred to below as "Grantor") and Five Points Bank, whose address
<br />is 2015 North Broadwell, Grand Island, NE 68803 (referred to below as "Lender").
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security
<br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents
<br />from the following described Properly located in HALL County, State of Nebraska:
<br />AMENDED LOT ONE (1), GRAND ISLAND MALL SECOND SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Property or its address is commonly known as 2280 N WEBB ROAD, GRAND ISLAND, NE.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />REVOLVING LINE OF CREDIT. This Assignment secures the Indebtedness including, without limitadon, a revolving line
<br />of credit, which obligates Lender to make advances to Borrower so long as Borrower complies with all the terms of the
<br />Note.
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower
<br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this
<br />Assignment secures, in addition to the amounts specified in the Nota, all future amounts Lender in its discretion may
<br />loan to Borrower or Grantor, together with all interest thereon.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY
<br />AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED
<br />DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
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