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�� �� �� � 0 � � � 0 '� W � � � � � � �� � � � � � � �� r � y �� - � .rr A� �� • � � � � � (-'�.� � C_ � �-JI Z v D � r i � r =z.� c y i� O ri F _ a �' � C.11 ri � c� � � �i � � �� , � .,, � �, � � ,. -.0 r�i � � cn n � � � C � z rn --i � O O � - *1 Z = rn e � r � r n � �� � � N O � � O W o� �C � WHEN RECORDED MAIL TO: F'rve Poirrts Bank C � � West Brench 2009 N. Diers Ave. Grand Islend. NE 68803 FOR RECORDER'S USE ONLY � FivF POI�urS BAn►K �� ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated May 11, 2012, is made and executed befiween EDMUND R KERSHAW 111, A MARRIED PERSON, AND MICHELLE K. KERSHAW, HIS WIFE (referred to below as "Grantor") and Five Points Bank, whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as "Lender"). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in HALL County, State of Nebraska: LOT THREE (3), PIER PARK SUBDIVISION, OF PART OF BLOCK ELEVEN (11), OF KOEHLER SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. The Property or its address is commonly known as 516 S VINE ST, GRAND ISLAND, NE 68801. FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower whether or not the edvances are made pursuant to a commitment. Specifically, without limitation, this Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loen to Borrower, together with all interest thereon. THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIQNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other law which may prevent Lender from bringing any action against Grentor, including a claim for deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale. BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about eny action or inaction Lender takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about the Property. Borrower waives any defenses that may arise because of any action or inaction of Lender, including without limitation any failure of Lender to realize upon the Property, or any delay by Lender in realizing upon the Property. Borrower agrees to remain liable under the Note with Lender no matter what action Lender takes or fails to take under this Assignment.