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<br /> .   	,       	��°"Rs  				98    ia�oo   	And Rents  				.     `  _     ''�-
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<br />     . .  	. 			8      	__ --�4embez}L 1398      		—	--..--.-   - 				�
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<br />       . ..  , v�.;�    				Gerald R: and Ju� B Jacobsen----__._.__._.._�._..�     				\  	, >,�.�,.,.
<br />    	•		�rne ass�gnor•�,atn�  husband and Lrife     									and       \   �..  _ •�.,�
<br />       	'•		Norwest Banic Nebraska  Nationa�� Aaauci�tion   				'    				'       �'•
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<br /> . _ '  	-      	!t�•:Assignee i a na0onal banking association.	.   _    					.						-----
<br /> ,     			�]TRe Rss+gnoi has executed and delivered to tAe Assignee its promitsory note datcd Se�ltembez 3.  194B	in the odginel   	�j�   ''~ s-—_
<br />  �      ��  '    -		princrpa/.amountol8 100.49�.00   	artdai�yentensions,renewa/sormodificatroasthernol/tAa Nate'l.     		,     !� '.    �`��
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<br />      			� Q The Asslgnor has execuied anA deGvered to the Assig,nee ita gua�anty dated    			in favo�at tlre Assignee!oi   		,��
<br />      '   �    •�'`�		the henafii oi 																�_   "
<br />   -  '�:;   ';;���       	frhe Barrower7 in the amount ot 3    			and eny replacementa ar su6stitutians tAereof lthe'�'r�varenry•!.       	`:=.'       "k=°�`
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<br />       	•j�'�		To seture payment of PC�a obla;aoon descri6ed abave f�re''rJbllgation 1,Me Assignarhas execute�and de�ive.red to c�irz Assignee a       	;     � �laiYe,.Y
<br />    	• }• `�'��  	d�ed of trtrst f Deed o!Ttist i date� 03 03L 8.   	covering ceitain propertN E7nut Prop�.�ty'!"r::�`s•rting.a�-sng other things,		,;,;'�
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<br />     	=� • 01'  ,       �.�e real estate desedbed in the aitacAeQ F.II?:i�r�U a;*�L`ra�.'+�• s,imp�ovements,rrtures end persanaS prvya.2y�nacv trfn the/uture       		-
<br />  	'�;<��i�'.� �       -'�  t�Catedthe�enn.LOt9 7Y�elve (12►� ��+� �tceea �13), Pine V3.ew.Subdivisimn, �R.�.�Cvu�tq, Nebraska.     	_
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<br />     	�:  , 1�    	'  The Asslgnee has�equi�ed Me execr:r�?a`tr.a�i�as�a.r,�^t as a condition to making o�accepting rheG�iy��ti�-,.       ,  .    			�
<br />    	'     		.4CCORb/NGLY,in consideration oi C�e�r�.m.'srs�x�n1.�$ood and vafuaDle car�s%0arotion,.the Assignor d�l;�-8ant,transter      	� �  �' =s
<br /> �   			-rri��assign to the Assignee a!d a/the Assig��'s riqAt.�ifa.�r�i�tprest irt•and to lil any an�aJt present or lutu�e leas�s�r,'fr�.cies,wAether   	'•�i� • �t r=
<br />       	.,;�:  .   �  •iacarten or•oral,covering or affetting any cr oE:�t tha Trust pr�e.-ty.Mge9ra�kvitb any and ale extensions,modncatr�n;.:�iai�r•�newa/s ihe►aaf.  	�'i  � 	_
<br />     			����rh,a'L'ease'and colleetirsy,tbe°Eea�.,�°'.And liil aJ/lents,profrt's ay6.other irrcome or payman�s ol any kind a4re ttacli�i�bte or to     			—_
<br />       	�� `"	;;�iecoma due or payaDle fo the Assignor as ttie i'es:+rt o1 anyuse,passessron oi occupaney af a1l or eny po�tion o/tfr�T,ua(fi�pgrry or,as tcte     	,� �„��
<br />   �  	• ^�'	'°.%'result o1 the use ol or leaso of BnpAe�sonal prdpe�!:�?�a;�.r�rg a pa�t of the Tiust Prope�ty,wAetho�accrtring be'are t,,r�lnar foiecfas�e ot 	� ;:     .�,y�_
<br />  1 	.   �� t  	r,�e Deed o/Tiust or during qhe;perlod ol redemppan;!!^�,.�7;^.Rents'1,a/l fo�tAe puipose o/.sew�ing fa!paymeni c#a°l,h.aJ���dness		�F  	u_
<br /> :4„•   '	=  	�%denced by the Oblr'gation tm�a:fi•�ther sums se cna��i 2��Jned of 7mst;and!b/perfarmance and discharge cP r�d�.,at+P��ery 		r.  °r�       �
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<br />		` -`�, •      • �abliga6on,eovenant and egie�r.r�nt oI the Assignor c�c,;�Jn�S�t:e�ein and in�Ae Qeed ol Trvst.			'�			,,,    }•     •
<br />   - �      -�:i,.���i.  '    	The Assignor warrents and covenant�:';�t Assl�'r.i+•��d wiN remain rAe abso/ate own�r o/Me Ae:�a�d frc�3ts yet and c/ea�ol all 	`   ''�� ':'���`-J
<br />     	.' ;H'��       ,,'liens and encum6rdnces athe�rhan the Ga^�<,'e0he:srh,ac'�8i Assignahas nut previousfp aasigned or¢�,��.e�;ej�rR�rad Me     		�"`'�    —=-__-=--
<br />     �'�       �;   	.  Assigno�s interest!n eny of the Rents or t eaq�to ar.y.:�;,�pe�son;that Asslgnor has the right under e�l�ql�g s�n� �i/aa'er Me Leases and	,   �  �  �	_
<br />      	;'•';;�      ,,, .-.otherwise to execure and de/iyRr this Assigninent and ts 9aa�:andpe�orm al/obligatiqns he�emrder,and thal Assrgrtr,iiilli.;werrant end      	-
<br />      	:. ` �  � ,, -    �afend tRe Leases and Rents.�;ainst a/I adversa c/aims ct�h�lba�now exisrmg a/ater arising.			,`:`:   			,,;�;:�� -�
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<br />     	„��t.;1 	.� rhe Asslgnor funAe�covertan,r�and agrees as tollows:   � '		.   				,�  				:
<br />   ,    �  ,  �'{�'n    	1. PERFORMANCE L1rYcEr�.'The Assignor will laitAlulry 80ide by,pedvrm end discharga each�nd every obliganon covenant and      	, 		—
<br />   	;�•<�j�'+i`��.     	agBement whlc�,a•mtys;:;s or herealter becomes liaa�to obseive oi peAo►m undei any prese�t or future Lease,and,at the Asstgnoi s  		� ''  .:'�
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<br /> 		,,      	so%cost and exF�a�n�.:c��Y enloice or secur�the pedoimanca ol each and every oG'igation,under eacA and every Lease.7Ae Asslgnor       		�
<br />       	{;� t      ��-�    wi//obseive and comptv+rer�i a//provislons ol/aw appfi�abla to the operedan and awr.era`ip of the Tiust Property.:l�te Asslgno�will give     		� �"�
<br />    ��r,	'		prompt written notice rts/d`ns Assignea ol eny noNee cr y'efault on Me part of the Aasiynw�'�rith respect to the Ld$-�f:ti:eived lrOm fhe  			�`
<br />   ti 2''   ' '      		tensnt the�eunde�and w'h/el�o at Assignoi s sole tasr and expense,appea�in and de�enC any attion o�procee�Vn�'�u�ng under,			•     �A
<br />  '`    -   �(s/�,�� >�, -   �'       growing out ol or/n any manne�connected with any Lease or the obligarlons,duties or/iabi/ities o/the Assignoi srany tenant Me�eunder. 			-_
<br />    � �     �;;�i��?Gx  '    �      1he Asslgnol wi!!not leese o�otherwJSe permit the use O/el10�8ny poniOn ol tAe 7iust Property fOr IeA7•tAet!S b¢1.tw the/air market 			•  �'�'.
<br />     �      :'�'�����5 i	•    isn�/or SucA p/operfy.		'  								�     				�
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<br />   	� � ����'"    	?. COLtfCTlON Oi RENTS IN aDVi4NCE. TAe AssignoF wil►not tollect oi accept any Rents lar the rrsa ot oaupancY�%�e Trost Properry     		'   ..
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<br />:_'}    	:.�;�!      	for more rAan aae monfh in eWanee. Secu►ity depospts sha//noJ be deemed Ronls lor pu�poses ol tAis parag�eph., .				':•a• -   .  ,:..
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<br />   	;`;,;��,tiT%,  .  •      3. PROTECIIAlG�HE SECUR/TY OF THlS ASSl6NMFNT. SAOUld the Assignor/ail�o pedoim oi obsenre any cavena�rc aT a_a,roement    			.  �..��.�.
<br />     �.  . • .isr,;a�,,     	contained in MIS AssignmenJ,fhen the Assignee mey/but sha!l�ave no oAlrgatlo»rol m8ke or do the seme in sucA IzLxrner snd to suCA      	.    �., ;'.�
<br />   	•a ;�:•f•      	extem as the Assignee may deem appropriata to piotett the secwity hereo/, The righfa of tAe Assignee Aereuadei sha//intluCe but not     	.�";..��   •
<br />    	'`�'""		be limited ro li/the dgAt to appear in and defend any action a p�oceeang purporting ta eUacl the securiry Aeieof or the rights or ppwers       	'.
<br />      	�  		ol tho Assignee,lii}tAO�igAt ro perloim and diseAargo each and every ooligaNOn,covenant and agreement o1 Me Asstgna conJnined in     	j    	�  '
<br /> 				rho Lease,and fiiil fhe�ighl,in exeicising an y ol tAB othor Ngh�s g�anted he�eundr�to pay necessary eosts and expenses,emp/ay  		I•   	: :
<br />-       			caunsel end paV�oasvnable etromeys'fees. The Assignor ahell pay on deman0 al!sums expended DY l�'Assrgnee pursuant ro this 		�   	. .
<br />      	.  		paragraph,tognlher wrfh mteresl theieon a!the rate stated Dy the Nnte Ot the ratB StateO�n tht�most�ecent ODligati0n tovered by the
<br /> 		•       	Gua�ant y,and rhe samv shall be added m the Obllganon secuied heieby and Dy the Oeed ol Trust     							� ,
<br />  �  '      •  		4. PRf5fNT ASS1GNMfNT._ �his Assignmenf 8+��11 to»srifuto o poNecMd,absofute and present assignmentl p�ovided tAnt fAe Ass�gnor Shell   		�  • . .
<br /> 				Aave the nghl ro tollect a�J of the Renis Isub�ect to the Settion ontitled Co�fectlon o!Rents�n Advance'I and to�etain,use and en/o y the		,
<br />     '      �    		same until en Event oi De/ault accurs under tAa DeetJ ol Tiust a fAe Assigno�D�eacAes eny wananry a cavenant contained in tAis
<br />=       �    �  		Asslgnment.An y Rents eccndng pria to an Event o/Oefaul�untler rAe Deed ol Tiusr 6ut pa;d rhereafter shal!be pa/d te Me Asslgnee.
<br />   	.. 		5. SUAV/NA[OFOBL/GA7IDN. This Assignmenr is g�ven es secu�ity in additian to tAe Deed of 7er�t.All oi tAeAssigno�s oDligaNOn9 unde�   		.   ,
<br />=       			rhe Oeed of Tiust end this Ass�gnmenl shall survive loreclosu�e aI tho Deed ol Tiust. The Assignor sAall obsenre and comyly with a:l     		•      .  ,
<br /> -       			terms and tonditions contdmed m the Deed ol trust and in Mis Aasignmenf and sAall precJudo any Event o/Oe18ull bom occun/ng ander
<br /> ��.      			th8 Oeed ol�rost duiing the per;oe o1�edemption fo1/owing/oiec%su�e oJ the Deed ol Tiust.
<br />     .�      � 		6. DEFAULT:REMfO/ES. UOOn the occu�ience of eny Evan►ol Delaulf specitied rn tRa Deed ol7rast oi upon tAe b�eacA of any wonant y oi
<br />--      			covenan�contained�n this Assignment,the Assignte mey,at!1s opbon: 									-      .
<br />     �       ..   		fal m fAe neme,p/ace end stead of the Assignor a�rd as the Assigrtee in rls sale discretion deems approp►iate li!entor upon,manage and		•  	•
<br />  �      �  			operate fAe Tiust OioDerty o►retam the services ol one or mo�e mdependent corttractois to manage end opeiate e/1 or any pa�t al the      	`       ,
<br />       � ,   			Tiust Pioporty;lril make,enface mndrly and acCept sunende►o/the Leasos:liirl aDta;n o�oviet tenants,collect,receive,sue lai t�.       		•
<br /> --     	'   		moddy,ad/ust oi comp�omise Ihe Rents,and eaforce ali ngAts oP tAe Ass�9�o�ynder Ihe Leases;and/ivl peNOrm any and alf otAe�  		.
<br /> _      	.   		acis that may be necessary o�p�ope�to p�otec�tAe secunty o1 thrs AssignmeM.      								'
<br /> '••   - - -- -- 		LJ w�th os Without exert�srrr�tht�rufhts sat farth ia strb�3gr1�ls1 sQ�re,9rve or�e�wf�the Asg�gnpr t���v9 nnt/�p to xrryor all    		_-     -' .
<br /> t,     	�    		tenants unde�MAleases au►hoiiting and d�rectmg them to pay a/l Rents under the Loases dnettty to the Ass�gnee;and    			� '
<br />��      			cl vr�thoui�egard tn any waste,adequas y o/t�a secuntv or solvvncy ol►he Ass�gn0�applv/or�he appaintment ol a reterve�ol tAe     		.      �
<br />-      	'    		trosl Pioperry,to wMCh appomtmen�fhn Ass�3nor hereb y consenls, whethe�o�not/o�ecloswe pioceedmgs have been sommentod
<br />!$�`				under Me Deed ol Trusf ond whothe�or not n toietlosure salo has accu►rOd.									, �  �
<br /> `�     	'   j 	AU f6iNl4tN0��a9�7o�a�o✓�												Paga�o�3   	.
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